secwatch.observer — SEC 8-K summary
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Issuer:     1ST SOURCE CORP (SRCE)
CIK:        0000034782
Form:       8-K
Filed at:   2026-07-23T20:08:24+00:00
Accession:  0000034782-26-000044
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

1st Source Q2 net income $47.54M record; EPS $1.95, up 29% YoY; dividend raised to $0.45
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- Net income $47.54M, up 27.4% YoY; diluted EPS $1.95 vs $1.51 a year ago.
- Cash dividend increased to $0.45/share (up $0.02 QoQ, up $0.07 YoY); payable Aug 14, record Aug 4.
- Average loans and leases $7.14B, up 1.71% QoQ; average deposits $7.43B, up 3.28% QoQ.
- Tax-equivalent net interest margin 4.24%, up 23 bps YoY; provision for credit losses $1.54M, down from $7.69M YoY.
- Nonperforming assets ratio improved to 1.01% from 1.06% a year ago; net charge-offs $0.52M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/34782/000003478226000044/0000034782-26-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/34782/000003478226000044/source-20260723.htm
  HTML page:      https://secwatch.observer/filing/0000034782-26-000044

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