1ST SOURCE CORP
For the period ended Dec 31, 2025. Filed Feb 17, 2026.
View on SEC.govAbout this filing
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.
FY2025 · Filed Feb 17, 2026
SRCE$87.85-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Financial Condition
| December 31 (Dollars in thousands) | 2025 | 2024 |
|---|---|---|
| ASSETS | ||
| Cash and due from banks | $69,249 | $76,837 |
| Federal funds sold and interest bearing deposits with other banks | 50,608 | 47,989 |
| Investment securities available-for-sale, at fair value (amortized cost of $1,568,429 and $1,650,684 at December 31, 2025 and 2024, respectively) | 1,522,486 | 1,536,299 |
| Other investments | 22,140 | 23,855 |
| Mortgages held for sale | 4,866 | 2,569 |
| Loans and leases, net of unearned discount: | ||
| Commercial and agricultural | 797,592 | 772,974 |
| Renewable energy | 652,799 | 487,266 |
| Auto and light truck | 887,876 | 948,435 |
| Medium and heavy duty truck | 269,749 | 289,623 |
| Aircraft | 1,086,821 | 1,123,797 |
| Construction equipment | 1,221,135 | 1,203,912 |
| Commercial real estate | 1,269,765 | 1,215,265 |
| Residential real estate and home equity | 740,777 | 680,071 |
| Consumer | 120,155 | 133,465 |
| Total loans and leases | 7,046,669 | 6,854,808 |
| Allowance for loan and lease losses | (161,846) | (155,540) |
| Net loans and leases | 6,884,823 | 6,699,268 |
| Equipment owned under operating leases, net | 6,964 | 11,483 |
| Premises and equipment, net | 58,318 | 53,456 |
| Goodwill and intangible assets | 83,895 | 83,897 |
| Accrued income and other assets | 351,921 | 396,285 |
| Total assets | $9,055,270 | $8,931,938 |
| LIABILITIES | ||
| Deposits: | ||
| Noninterest-bearing demand | $1,600,495 | $1,639,101 |
| Interest-bearing deposits: | ||
| Interest-bearing demand | 2,592,202 | 2,544,839 |
| Savings | 1,446,278 | 1,256,370 |
| Time | 1,586,600 | 1,789,725 |
| Total interest-bearing deposits | 5,625,080 | 5,590,934 |
| Total deposits | 7,225,575 | 7,230,035 |
| Short-term borrowings: | ||
| Federal funds purchased and securities sold under agreements to repurchase | 112,470 | 72,346 |
| Other short-term borrowings | 126,151 | 176,852 |
| Total short-term borrowings | 238,621 | 249,198 |
| Long-term debt and mandatorily redeemable securities | 43,330 | 39,156 |
| Subordinated notes | 58,764 | 58,764 |
| Accrued expenses and other liabilities | 170,890 | 173,279 |
| Total liabilities | 7,737,180 | 7,750,432 |
| SHAREHOLDERS’ EQUITY | ||
| Preferred stock; no par valueAuthorized 10,000,000 shares; none issued or outstanding | — | — |
| Common stock; no par value Authorized 40,000,000 shares; issued 28,205,674 shares at December 31, 2025 and 2024 | 436,538 | 436,538 |
| Retained earnings | 1,015,160 | 890,937 |
| Cost of common stock in treasury (3,836,656 and 3,685,512 shares at December 31, 2025 and December 31, 2024, respectively) | (141,950) | (129,175) |
| Accumulated other comprehensive loss | (34,777) | (87,232) |
| Total shareholders’ equity | 1,274,971 | 1,111,068 |
| Noncontrolling interests | 43,119 | 70,438 |
| Total equity | 1,318,090 | 1,181,506 |
| Total liabilities and equity | $9,055,270 | $8,931,938 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.