1st Source Corporation (SRCE)
NASDAQ: SRCE · Real-Time Price · USD
87.95
+0.09 (0.10%)
At close: Oct 27, 2026, 4:00 PM EDT
87.80
-0.15 (-0.17%)
Pre-market: Oct 28, 2026, 8:02 AM EDT
1st Source Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 104.8 | 119.86 | 124.83 | 129.67 | 122.8 | 525.19 |
Investment Securities | 962.11 | 1,025 | 1,067 | 1,295 | 1,371 | 1,362 |
Trading Asset Securities | 22.18 | 16.49 | 16.42 | 22.7 | 24.84 | 20.74 |
Mortgage-Backed Securities | 694.38 | 712.14 | 695.92 | 598.25 | 637.06 | 659.73 |
Total Investments | 1,679 | 1,754 | 1,779 | 1,916 | 2,033 | 2,042 |
Gross Loans | 7,341 | 7,086 | 6,900 | 6,576 | 6,062 | 5,369 |
Allowance for Loan Losses | -167.16 | -161.85 | -155.54 | -147.55 | -139.27 | -127.49 |
Other Adjustments to Gross Loans | - | -39.72 | -45.06 | -57.93 | -50.63 | -22.55 |
Net Loans | 7,174 | 6,885 | 6,699 | 6,371 | 5,872 | 5,219 |
Property, Plant & Equipment | 84.93 | 85.41 | 86.02 | 88.22 | 97.39 | 117.54 |
Goodwill | - | 83.9 | 83.9 | 83.9 | 83.87 | 83.87 |
Other Intangible Assets | 83.9 | - | 0 | 0.02 | 0.04 | 0.06 |
Loans Held for Sale | 3.33 | 4.87 | 2.57 | 1.44 | 3.91 | 13.28 |
Accrued Interest Receivable | 35.88 | 35.54 | 32.79 | 30.23 | 24.75 | 17.76 |
Other Real Estate Owned & Foreclosed | 2.36 | 0.27 | 0.62 | 0.71 | 0.43 | 0.86 |
Other Long-Term Assets | 123.87 | 86.85 | 123.1 | 106.62 | 101.04 | 77.02 |
Total Assets | 9,342 | 9,055 | 8,932 | 8,728 | 8,339 | 8,096 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accrued Expenses | 163.37 | 128.37 | 131.24 | 151.2 | 115.81 | 70.77 |
Interest Bearing Deposits | 5,798 | 4,940 | 4,693 | 4,430 | 4,330 | 4,335 |
Institutional Deposits | - | 685.03 | 897.93 | 953.09 | 600.37 | 290.89 |
Non-Interest Bearing Deposits | 1,671 | 1,600 | 1,639 | 1,656 | 1,998 | 2,053 |
Total Deposits | 7,469 | 7,226 | 7,230 | 7,039 | 6,928 | 6,679 |
Short-Term Borrowings | 256.22 | 255.42 | 265.93 | 335.5 | 240.84 | 221.2 |
Current Portion of Leases | - | 3.97 | - | - | - | - |
Long-Term Debt | 35.63 | 5.55 | 7.08 | 5.52 | 7.34 | 6.5 |
Federal Home Loan Bank Debt, Long-Term | - | 10 | 10 | 20.75 | 21.32 | 44.15 |
Long-Term Leases | - | 12.6 | 18.15 | 19.41 | 19.63 | 21.36 |
Trust Preferred Securities | 58.76 | 58.76 | 58.76 | 58.76 | 58.76 | 58.76 |
Other Long-Term Liabilities | 8.63 | 36.94 | 29.24 | 29.97 | 23.69 | 25.01 |
Total Liabilities | 7,992 | 7,737 | 7,750 | 7,660 | 7,416 | 7,127 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 436.54 | 436.54 | 436.54 | 436.54 | 436.54 | 436.54 |
Retained Earnings | 1,124 | 1,015 | 890.94 | 789.84 | 694.86 | 603.79 |
Treasury Stock | -164.48 | -141.95 | -129.18 | -130.49 | -119.64 | -114.21 |
Comprehensive Income & Other | -76.11 | -34.78 | -87.23 | -106.32 | -147.69 | -9.86 |
Total Common Equity | 1,320 | 1,275 | 1,111 | 989.57 | 864.07 | 916.26 |
Minority Interest | 30.9 | 43.12 | 70.44 | 78.7 | 59.7 | 53.21 |
Shareholders' Equity | 1,351 | 1,318 | 1,182 | 1,068 | 923.77 | 969.46 |
Total Liabilities & Equity | 9,342 | 9,055 | 8,932 | 8,728 | 8,339 | 8,096 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 350.62 | 346.3 | 359.92 | 439.95 | 347.88 | 351.98 |
Net Cash (Debt) | -223.65 | -209.95 | -218.67 | -287.57 | -200.25 | 193.94 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -9.24 | -8.57 | -8.93 | -11.68 | -8.11 | 7.75 |
Filing Date Shares Outstanding | 24.08 | 24.33 | 24.55 | 24.46 | 24.7 | 24.75 |
Total Common Shares Outstanding | 24.08 | 24.37 | 24.52 | 24.43 | 24.66 | 24.74 |
Book Value Per Share | 54.79 | 52.32 | 45.31 | 40.50 | 35.04 | 37.04 |
Tangible Book Value | 1,236 | 1,191 | 1,027 | 905.65 | 780.16 | 832.33 |
Tangible Book Value Per Share | 51.31 | 48.88 | 41.89 | 37.06 | 31.63 | 33.64 |