1ST SOURCE CORP
For the period ended Dec 31, 2024. Filed Feb 18, 2025.
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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.
FY2024 · Filed Feb 18, 2025
SRCE$88.29+1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Shareholders’ Equity
| 1st Source Corporation Shareholders | ||||||||
|---|---|---|---|---|---|---|---|---|
| (Dollars in thousands, except per share amounts) | Preferred Stock | Common Stock | Retained Earnings | Cost of Common Stock in Treasury | Accumulated Other Comprehensive Income (Loss), Net | Total Shareholders’ Equity | Noncontrolling Interests | Total Equity |
| Balance at January 1, 2022 | $— | $436,538 | $603,787 | $(114,209) | $(9,861) | $916,255 | $53,209 | $969,464 |
| Net income | — | — | 120,509 | — | — | 120,509 | 23 | 120,532 |
| Other comprehensive loss | — | — | — | — | (137,829) | (137,829) | — | (137,829) |
| Issuance of 72,593 common shares under stock based compensation awards | — | — | 1,762 | 1,403 | — | 3,165 | — | 3,165 |
| Cost of 149,819 shares of common stock acquired for treasury | — | — | — | (6,836) | — | (6,836) | — | (6,836) |
| Common stock dividend ($1.26 per share) | — | — | (31,196) | — | — | (31,196) | — | (31,196) |
| Contributions from noncontrolling interests | — | — | — | — | — | — | 7,700 | 7,700 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (1,234) | (1,234) |
| Balance at December 31, 2022 | $— | $436,538 | $694,862 | $(119,642) | $(147,690) | $864,068 | $59,698 | $923,766 |
| Net income | — | — | 124,927 | — | — | 124,927 | 7 | 124,934 |
| Other comprehensive income | — | — | — | — | 41,367 | 41,367 | — | 41,367 |
| Issuance of 82,840 common shares under stock based compensation awards | — | — | 2,184 | 1,622 | — | 3,806 | — | 3,806 |
| Cost of 310,522 shares of common stock acquired for treasury | — | — | — | (12,469) | — | (12,469) | — | (12,469) |
| Common stock dividend ($1.30 per share) | — | — | (32,131) | — | — | (32,131) | — | (32,131) |
| Contributions from noncontrolling interests | — | — | — | — | — | — | 20,343 | 20,343 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (1,353) | (1,353) |
| Balance at December 31, 2023 | $— | $436,538 | $789,842 | $(130,489) | $(106,323) | $989,568 | $78,695 | $1,068,263 |
| Net income | — | — | 132,623 | — | — | 132,623 | (5) | 132,618 |
| Other comprehensive income | — | — | — | — | 19,091 | 19,091 | — | 19,091 |
| Issuance of 88,555 common shares under stock based compensation awards | — | — | 2,862 | 1,492 | — | 4,354 | — | 4,354 |
| Cost of 2,997 shares of common stock acquired for treasury | — | — | — | (178) | — | (178) | — | (178) |
| Common stock dividend ($1.40 per share) | — | — | (34,390) | — | — | (34,390) | — | (34,390) |
| Distributions to noncontrolling interests | — | — | — | — | — | — | (2,332) | (2,332) |
| Liquidation of noncontrolling interests | — | — | — | — | — | — | (5,920) | (5,920) |
| Balance at December 31, 2024 | $— | $436,538 | $890,937 | $(129,175) | $(87,232) | $1,111,068 | $70,438 | $1,181,506 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.