---
schema_version: "secwatch.filing_event.v1"
accession: "0000034782-23-000110"
form_type: "8-K"
ticker: "SRCE"
cik: "0000034782"
company_name: "1ST SOURCE CORP"
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T05:53:16.782618+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# 1st Source Q2 net income $32.44M, EPS $1.30 up 10% YoY; dividend $0.32 unchanged

## Summary
- Net income $32.44M +10.65% YoY; diluted EPS $1.30 +10.17% YoY.
- Cash dividend $0.32/share (unchanged), payable Aug 11, record Aug 1.
- Avg loans $6.14B +12.31% YoY; avg deposits $6.94B +2.11% YoY.
- Tax-equivalent NIM 3.48%, down 12 bps QoQ on deposit competition, up 16 bps YoY.
- Nonperforming assets 0.33% of loans vs 0.60% a year ago; credit quality steady.

## SEC filing metadata
- accession: 0000034782-23-000110
- form_type: 8-K
- ticker: SRCE
- cik: 0000034782
- company_name: 1ST SOURCE CORP
- filed_at: 2023-07-20T23:59:59+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/34782/000003478223000110/0000034782-23-000110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/34782/000003478223000110/source-20230720.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000034782-23-000110
- JSON: https://secwatch.observer/filing/0000034782-23-000110.json
- Plain text: https://secwatch.observer/filing/0000034782-23-000110.txt

## Key facts
- Earnings Releases
  1ST SOURCE CORP reported the second quarter of 2023 results: net income $32.44 million, EPS $1.30.
  - Period: the second quarter of 2023
  - Net income: $32.44 million
  - EPS: $1.30
  - Result: reported results
  source text: On July 20, 2023 , 1st Source Corporation issued a press release that announced its second quarter earnings for 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/34782/000003478223000110/0000034782-23-000110-index.htm

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