SEC Form 10-Q filed by 1st Source Corporation

Makes list for second consecutive yearSouth Bend, Indiana--(Newsfile Corp. - June 22, 2023) -  Forbes recently announced the results of a survey conducted in partnership with market research firm Statista, which recognized 1st Source Bank as the No. 1 bank in Indiana as part of the "Best In State Banks" list, also marking the second consecutive year 1st Source Bank has made the list. 31,000 Americans were asked to provide an overall satisfaction score for every bank where they have held a checking and/or savings account. Additionally, a sentiment analysis approach of publicly available online reviews and ratings was considered. "The continued trust and advocacy from our clients is something

Named among 14 banking institutions with 10 years of increased earnings per shareSouth Bend, Indiana--(Newsfile Corp. - April 25, 2023) - Keefe, Bruyette & Woods, Inc. (KBW) recently announced the yearly Bank Honor Roll, and 1st Source (NASDAQ:SRCE) was named among this year's 14 honorees and has made the list for the fifth consecutive year, placing its long-term performance among the top 4% of eligible banks in the country. To be considered for this recognition, banks must be publicly traded institutions with more than $500 million in total assets and must have had 10 consecutive years of increased earnings per share. "We're thrilled to be part of the KBW Bank Honor Roll once again this ye

1st Source Corporation and 1st Source Bank are pleased to announce that its Board of Directors has recently made two promotions with an eye on its future. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221123005341/en/Chris Murphy (Photo: Business Wire) Effective December 1, 2022, Andrea G. Short, President of 1st Source Bank will also become its CEO. Christopher J. Murphy III will remain Chairman, President and CEO of 1st Source Corporation and Chairman of 1st Source Bank. In her new role, Ms. Short will have Personal Banking, Business Banking, Specialty Finance, Wealth Advisory Services, Credit, and the Operations functions of

Piper Sandler upgraded 1st Source Corp from Neutral to Overweight and set a new price target of $72.50 from $70.00 previously

Piper Sandler downgraded 1st Source Corp from Overweight to Neutral and set a new price target of $67.50 from $60.00 previously

4 - 1ST SOURCE CORP (0000034782) (Issuer)

4 - 1ST SOURCE CORP (0000034782) (Issuer)

4 - 1ST SOURCE CORP (0000034782) (Issuer)

4 - 1ST SOURCE CORP (0000034782) (Issuer)

DEF 14A - 1ST SOURCE CORP (0000034782) (Filer)

10-K - 1ST SOURCE CORP (0000034782) (Filer)

8-K - 1ST SOURCE CORP (0000034782) (Filer)

QUARTERLY HIGHLIGHTS Net income was a record $32.74 million for the quarter, up $0.25 million or 0.78% from the third quarter of 2021. Diluted net income per common share was $1.32, up $0.03 from the prior year's third quarter of $1.29. Cash dividend of $0.32 per common share was approved, up 3.23% from the cash dividend declared a year ago. Return on average assets of 1.62% and return on average common shareholders' equity of 14.87% compared to 1.65% and 14.08%, respectively in the third quarter of 2021. Average loans and leases net PPP loans grew $177.10 million in the third quarter, up 3.25% (13% annualized growth) from the previous quarter and $451.88 million, up 8.74% from the

QUARTERLY HIGHLIGHTS Net income was $29.31 million for the quarter, down $0.91 million or 3.01% from the second quarter of 2021. Excluding tax-effected PPP income, net income was a record $28.47 million for the quarter, up $1.06 million or 3.87% from the second quarter of 2021. Diluted net income per common share was $1.18, down $0.01 from the prior year's second quarter of $1.19. Cash dividend of $0.32 per common share was approved, up 3.22% from the cash dividend declared a year ago. Small Business Administration (SBA) forgiveness and customer pay downs of Paycheck Protection Program (PPP) loans amounted to $29.84 million during the quarter which contributed to the recognition of

QUARTERLY HIGHLIGHTS Net income was $27.39 million for the quarter, down $715,000 or 2.54% from the first quarter of 2021. Diluted net income per common share was $1.10, equal to the prior year's first quarter of $1.10. Cash dividend of $0.31 per common share was approved, up 3.33% from the $0.30 per common share declared a year ago. Small Business Administration (SBA) forgiveness and customer pay downs of Paycheck Protection Program (PPP) loans amounted to approximately $36.61 million during the quarter which contributed to the recognition of $1.47 million in PPP-related loan fees in the quarter down from $132.91 million in forgiveness and $3.98 million in fees in the first quarter

SC 13G/A - 1ST SOURCE CORP (0000034782) (Subject)

SC 13G/A - 1ST SOURCE CORP (0000034782) (Subject)

SC 13G/A - 1ST SOURCE CORP (0000034782) (Subject)