1ST SOURCE CORP
For the period ended Dec 31, 2023. Filed Feb 20, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 20, 2024
SRCE$87.85-0.5%Stored close · as of Nov 10, 2026
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Item 8. Consolidated Statements of Comprehensive Income
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
| Year Ended December 31 (Dollars in thousands) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Net income | $124,934 | $120,532 | $118,557 |
| Other comprehensive income (loss): | |||
| Unrealized appreciation (depreciation) of investment securities available-for-sale | 51,360 | (181,237) | (37,867) |
| Reclassification adjustment for realized losses included in net income | 2,926 | 184 | 680 |
| Income tax effect | (12,919) | 43,224 | 8,955 |
| Other comprehensive income (loss), net of tax | 41,367 | (137,829) | (28,232) |
| Comprehensive income (loss) | 166,301 | (17,297) | 90,325 |
| Comprehensive (income) loss attributable to noncontrolling interests | (7) | (23) | (23) |
| Comprehensive income (loss) available to common shareholders | $166,294 | $(17,320) | $90,302 |
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