1ST SOURCE CORP - Annual Financials - Income Statement (SEC)

Updated on January 2, 2026.

Related Topics: SEC Topic List.

Data Source: SEC.

See details in table below.

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1ST SOURCE CORP - Annual Income Statement (In Thousands of USD, Except Per Share Amounts)

Breakdown	2024-12-31	2023-12-31	2022-12-31
Loans and leases	451329	387298	263894
Investment securities, taxable	25720	24501	26294
Investment securities, tax-exempt	1043	1445	1049
Other	5925	3663	2579
Total interest income	484017	416907	293816
Deposits	166842	123162	25231
Short-term borrowings	8976	7032	1497
Subordinated notes	4217	4174	3550
Long-term debt and mandatorily redeemable securities	3165	3892	69
Total interest expense	183200	138260	30347
Net interest income	300817	278647	263469
Provision for credit losses	12466	5866	13245
Net interest income after provision for credit losses	288351	272781	250224
Mortgage banking	4210	3471	4122
Insurance commissions	6730	6911	6703
Income related to lease payments	5171	8837	12274
Losses on investment securities available-for-sale	-3889	-2926	-184
Other	5925	3663	2579
Total noninterest income	86307	90623	91262
Salaries and employee benefits	121909	115612	105110
Net occupancy	11939	11090	10728
Furniture and equipment	5612	5653	5448
Data processing	27567	25055	22375
Depreciation - leased equipment	4073	7093	10023
Professional fees	7098	6705	7280
FDIC and other insurance	6142	5926	3625
Business development and marketing	6876	7157	5823
Other	5925	3663	2579
Total noninterest expense	203601	201724	184699
Income before income taxes	171057	161680	156787
Income tax expense	38439	36746	36255
Net income	132618	124934	120532
Net loss (income) attributable to noncontrolling interests	-5	7	23
Net income available to common shareholders	132623	124927	120509
Basic Earnings Per Share	5.36	5.03	4.84
Diluted Earnings Per Share	5.36	5.03	4.84