secwatch.observer — SEC 8-K summary
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Issuer:     1ST SOURCE CORP (SRCE)
CIK:        0000034782
Form:       8-K
Filed at:   2026-01-23T23:59:59+00:00
Accession:  0000034782-26-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

1st Source reports record annual net income of $158.28M, dividend raised 11%
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- Full-year net income $158.28M (+19.34% YoY); Q4 net income $41.14M (+30.87% YoY, -2.73% QoQ).
- Diluted EPS $6.41 annual (+19.59% YoY); Q4 $1.67 (+31.50% YoY).
- Quarterly cash dividend raised to $0.40/share (11.11% increase), payable Feb 13, 2026.
- Net interest margin (tax-equivalent) expanded 43 bps to 4.07% for full year.
- Nonperforming assets rose to 1.10% of loans from 0.46% a year ago, driven by one auto rental client.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/34782/000003478226000004/0000034782-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/34782/000003478226000004/source-20260122.htm
  HTML page:      https://secwatch.observer/filing/0000034782-26-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer