Pub. 10 2021 Issue 6

EXECUTIVE BENEFITS NETWORK For a customized proposal for your bank, please contact: Executive Benefits Network 4601 W 6th Street, Ste A | Lawrence, KS 66049 www.ebn-design.com | (785) 838-9800 jjones@ebn-design.com | nicole@ebn-design.com The only Kansas-based BOLI firm, serving Kansas banks for over 25 years. Come see what BOLI can do for your bank. Assumes the present value of a $5 million death benefit purchased in 1921 on a 35-year-old executive. Death benefit received by the bank in 1953. Then assumes the present value of a $5 million death benefit purchased in 1954 on a 35-year-old executive. Death benefit received by the bank in 1987. Then assumes the present value of a $5 million death benefit purchased in 1988 on a 35-year-old executive. Death benefit received by the bank in 2021. All values calculated using a 3% discount rate. Death benefits calculated at hypothetical 4% internal rate of return. Total outlay assumed to be $2.1 million. Total benefits received by the bank over a 100-year period on 3 executives equals $10,307,887. TIMELINE OF BANK OWNED LIFE INSURANCE FAMILY-OWNED BANK SINCE 1921

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