secwatch.observer — SEC 8-K summary
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Issuer:     1ST SOURCE CORP (SRCE)
CIK:        0000034782
Form:       8-K
Filed at:   2026-10-22T20:12:48+00:00
Accession:  0000034782-26-000054
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

1st Source posts record Q3 net income of $49.54M; EPS $2.03, up 18.7% YoY; dividend raised 12.5% to $0.45
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- Net income $49.54M, up 4.20% QoQ and 17.13% YoY; diluted EPS $2.03 vs $1.71 in Q3 2025.
- Tax-equivalent NII $95.74M, up 7.69% YoY; NIM 4.28%, up 19 bps YoY; average loans $7.26B, up 3.42% YoY.
- Quarter included $3.82M pre-tax loss on sale of ~$68M AFS securities (1.83% yield) replaced at 5.10%; $1.00M charitable contribution.
- Provision for credit losses $0.90M vs $1.54M QoQ; net charge-offs $0.33M; nonperforming assets 0.81% of loans vs 1.01% at June 30.
- Declared $0.45/share dividend, up 12.50% YoY; payable Nov 13, 2026 to holders of record Nov 3, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/34782/000003478226000054/0000034782-26-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/34782/000003478226000054/source-20261022.htm
  HTML page:      https://secwatch.observer/filing/0000034782-26-000054

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