Vitals
  • Total Assets
    5.5B 5.8 %
  • Total Deposits
    4.3B 4.7 %
  • Total Net Loans
    4.1B 5.1 %
  • Net Income
    58.6M -2.8 %
  • Book Value
    676.9M 2.5 %
  • Book Value x2
    1.4B 2.5 %
  • Book Value x3
    2.0B 2.5 %
ROAA

1.097

ROAE

8.725

Efficiency Ratio

62.482

Net Interest Margin

3.54

Balance Sheet Highlights
Financial Highlights 1St Source Bank All Insured Commercial Banks in Indiana
Balance Sheet $(000)
Total Assets 5,478,967 606,548
Total Net Loans 4,115,377 409,621
Total Deposits 4,336,211 497,111
Total Equity 676,915 63,292
Profitability
Net Income 58,633 6,062
Return on Average Assets 1.097 .965
Return on Average Equity 8.725 9.027
Net Interest Margin 3.54 3.682
Efficiency Ratio 62.482 66.445
Noninterest Income/Revenue 30.684 20.436
Balance Sheet Ratios
Loan-to-Deposit 94.907 79.497
Securities/Assets .154 .184
Total Equity/Total Assets .124 .104
Tangible Equity/Tangible Assets .108 .098
Capital Adequacy
Tier 1 Common Capital 603,022 60,326
Tier 1 Capital 603,022 60,328
Tier 2 Capital 59,509 4,282
Total Capital 662,531 64,608
Total Risk Weighted Assets 4,712,670 442,958
Leverage Ratio 11.22 10.395
Common Equity Tier 1 Capital Ratio 12.8 15.27
Tier 1 Capital Ratio 12.8 15.27
Total Capital Ratio 14.06 16.399

Timeline for 1St Source Bank

Washington And Michigan Insurance Inc

Washington And Michigan Insurance Inc became a new subsidiary organization for 1St Source Bank.

View Profile Jun 30 2008

First National Bank, Valparaiso

Acquisition: 1St Source Bank acquired a new subsidiary, First National Bank, Valparaiso, 15 years

View Profile Jun 07 2008

Sfg Equipment Leasing Corporation I

Sfg Equipment Leasing Corporation I became a new subsidiary organization for 1St Source Bank.

View Profile Oct 03 2002

Sfg Commercial Aircraft Leasing, Inc.

Sfg Commercial Aircraft Leasing, Inc. became a new subsidiary organization for 1St Source Bank.

View Profile May 01 2002

1St Source Intermediate Holding, Llc

1St Source Intermediate Holding, Llc became a new subsidiary organization for 1St Source Bank.

View Profile Sep 21 2001

Want to see more?

Complete timeline for 1St Source Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First National Bank, Valparaiso Seller 693,860 Pooling of Interests Discontinued 6/7/2008
1St Source Bank Of Starke County Seller 47,081 Pooling of Interests Discontinued 9/1/1995
Farmers State Bank Of Wyatt Seller 85,305 Discontinued 6/19/1992
Community State Bank Seller 19,209 Discontinued 4/1/1987
1St Source Bank Of Marshall County Seller 148,995 Discontinued 12/2/1985
The First National Bank Of Mishawaka Seller 136,894 Discontinued 7/1/1983
Relationships Role Relationship Start Relationship End
1St Source Corporation Parent 10/22/1971
Associates Corporation Of North America Parent 12/31/1970 10/21/1971
Sfg Aircraft, Inc Subsidary 6/30/2007
1St Source Insurance, Inc. Subsidary 6/30/2007
1St Source Specialty Finance, Inc. Subsidary 6/30/2007
1St Source Capital Corporation Subsidary 6/30/2007
Michigan Transportation Finance Corporation Subsidary 6/30/2007
1St Source Corporation Investment Advisors Subsidary 6/30/2007
1St Source Intermediate Holding, Llc Subsidary 9/21/2001
Sfg Commercial Aircraft Leasing, Inc. Subsidary 6/30/2007
Sfg Equipment Leasing Corporation I Subsidary 6/30/2007
Washington And Michigan Insurance Inc Subsidary 6/30/2008
Sfg Aircraft, Inc Subsidary 12/31/1976 6/29/2007
1St Source Insurance, Inc. Subsidary 9/1/1978 6/29/2007
1St Source Specialty Finance, Inc. Subsidary 3/4/1982 6/29/2007
1St Source Capital Corporation Subsidary 12/29/1983 6/29/2007
Michigan Transportation Finance Corporation Subsidary 8/1/1997 6/29/2007
1St Source Corporation Investment Advisors Subsidary 5/17/2001 6/29/2007
Sfg Commercial Aircraft Leasing, Inc. Subsidary 5/1/2002 6/29/2007
Sfg Equipment Leasing Corporation I Subsidary 10/3/2002 6/29/2007
1St Source Funding Corporation Subsidary 6/12/1998 9/21/2001
The First National Bank Of Rochester Subsidary 12/31/1984 9/8/1988
Sollitt Construction Company Inc Subsidary 12/31/1974 1/1/1984
Thorton Electric Company Inc Subsidary 12/31/1976 1/1/1980
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