---
schema_version: "secwatch.filing_event.v1"
accession: "0000034782-22-000117"
form_type: "8-K"
ticker: "SRCE"
cik: "0000034782"
company_name: "1ST SOURCE CORP"
filed_at: "2022-10-20T23:59:59+00:00"
generated_at: "2026-06-23T02:26:08.270564+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# 1st Source reports record Q3 net income $32.74M; dividend raised to $0.32 (3.23% increase)

## Summary
- Diluted EPS $1.32 vs $1.29 a year ago; net income up 0.78% to $32.74M.
- Tax-equivalent NIM expanded 26 bps to 3.60% driven by Fed rate hikes.
- Average loans net PPP grew $452M (8.74% YoY); average deposits up 4.24%.
- Noninterest income fell $3.49M (13.69%) mainly due to lower mortgage banking income.
- Cash dividend declared $0.32/share, payable Nov 10 to holders of record Nov 1.

## SEC filing metadata
- accession: 0000034782-22-000117
- form_type: 8-K
- ticker: SRCE
- cik: 0000034782
- company_name: 1ST SOURCE CORP
- filed_at: 2022-10-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/34782/000003478222000117/0000034782-22-000117-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/34782/000003478222000117/source-20221020.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000034782-22-000117
- JSON: https://secwatch.observer/filing/0000034782-22-000117.json
- Plain text: https://secwatch.observer/filing/0000034782-22-000117.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.