---
schema_version: "secwatch.filing_event.v1"
accession: "0000034782-25-000108"
form_type: "8-K"
ticker: "SRCE"
cik: "0000034782"
company_name: "1ST SOURCE CORP"
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:36:04.528639+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 Q3 net income $42.3M, EPS $1.71, dividend raised to $0.40

## Summary
- Net income record $42.30M ($1.71 diluted EPS), up 21% YoY; ROA 1.86%, ROE 13.76%.
- Cash dividend increased 2 cents to $0.40/share, up 11.11% from a year ago; payable Nov 14 to holders of record Nov 4.
- Tax-equivalent net interest margin expanded to 4.09%, up 8 bps QoQ and 45 bps YoY.
- Nonperforming assets to loans fell to 0.91% from 1.06% prior quarter; provision for credit losses dropped to $0.90M from $7.69M.
- Leadership transition: Christopher J. Murphy III becomes Executive Chairman; Andrea G. Short named CEO of 1st Source Corp and Bank; Kevin C. Murphy becomes President of Bank.

## SEC filing metadata
- accession: 0000034782-25-000108
- form_type: 8-K
- ticker: SRCE
- cik: 0000034782
- company_name: 1ST SOURCE CORP
- filed_at: 2025-10-23T23:59:59+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/34782/000003478225000108/0000034782-25-000108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/34782/000003478225000108/source-20251023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000034782-25-000108
- JSON: https://secwatch.observer/filing/0000034782-25-000108.json
- Plain text: https://secwatch.observer/filing/0000034782-25-000108.txt

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