---
schema_version: "secwatch.filing_event.v1"
accession: "0000034782-23-000003"
form_type: "8-K"
ticker: "SRCE"
cik: "0000034782"
company_name: "1ST SOURCE CORP"
filed_at: "2023-01-19T23:59:59+00:00"
generated_at: "2026-06-20T13:28:30.107314+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# 1st Source reports record 2022 net income $120.51M; Q4 EPS $1.25; dividend up 3.23%

## Summary
- Record annual net income $120.51M ($4.84 diluted EPS), up 1.67% from 2021.
- Q4 net income $31.07M ($1.25 EPS), up 12.07% YoY but down 5.10% from Q3 2022.
- Quarterly cash dividend increased to $0.32/share, payable Feb. 16, 2023 to holders of record Feb. 6.
- Average loans/leases grew 7.82% net of PPP; net charge-offs were only 0.03% of loans in 2022.
- Tax-equivalent net interest margin expanded 60 bps YoY to 3.69% in Q4 2022.

## SEC filing metadata
- accession: 0000034782-23-000003
- form_type: 8-K
- ticker: SRCE
- cik: 0000034782
- company_name: 1ST SOURCE CORP
- filed_at: 2023-01-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/34782/000003478223000003/0000034782-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/34782/000003478223000003/source-20230119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000034782-23-000003
- JSON: https://secwatch.observer/filing/0000034782-23-000003.json
- Plain text: https://secwatch.observer/filing/0000034782-23-000003.txt

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