← 1ST SOURCE CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $57.8m |
$68.1m
+17.76%
|
$82.4m
+21.11%
|
$92.0m
+11.65%
|
$81.5m
-11.47%
|
$118.6m
+45.54%
|
$120.5m
+1.67%
|
$124.9m
+3.65%
|
$132.6m
+6.15%
|
$158.3m
+19.33%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $57.8m |
$68.1m
+17.76%
|
$82.4m
+21.11%
|
$92.0m
+11.58%
|
$81.4m
-11.44%
|
$118.5m
+45.55%
|
$120.5m
+1.67%
|
$124.9m
+3.67%
|
$132.6m
+6.16%
|
$158.3m
+19.34%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $57.4m | $67.5m | $82.4m | $92.0m | $81.5m | $118.6m | $120.5m | $124.9m | $132.6m | $158.3m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | $0 | $55k | $24k | $23k | $23k | $7k | ($5k) | ($18k) | — | |
| Amortization of Intangible Assets | $580k | $360k | $80k | $30k | $20k | $20k | $20k | $110k | $20k | $260k | — | |
| Depreciation, Nonproduction | $5.2m | $5.7m | $5.6m | $5.8m | $5.7m | $5.1m | $4.6m | $4.5m | $4.5m | $5.1m | $11.3m | |
| Depreciation of premises and equipment | $5.2m | $5.7m | $5.6m | $5.8m | $5.7m | $5.1m | $4.6m | $4.5m | $4.5m | $5.1m | $11.3m | |
| Depreciation of equipment owned and leased to others | $21.7m | $25.2m | $26.2m | $25.1m | $20.2m | $13.7m | $10.0m | $7.1m | $4.1m | $2.4m | $11.3m | |
| Net (accretion) amortization of investment securities available-for-sale | $5.9m | $5.4m | $3.5m | $4.0m | $6.1m | $6.7m | $4.0m | $3.9m | $1.7m | ($3.1m) | — | |
| Amortization of mortgage servicing rights | $1.5m | $1.1m | $956k | $1.3m | $2.4m | $2.1m | $1.3m | $845k | $781k | $767k | — | |
| Amortization of right of use assets | — | $0 | $0 | $3.0m | $2.8m | $3.1m | $3.2m | $3.1m | $3.0m | $3.0m | — | |
| Amortization Cash Flow | — | — | — | — | — | — | $1.3m | $845k | $781k | $767k | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $1.3m | $845k | $781k | $767k | $814k | |
| Depreciation | — | — | — | — | — | — | $17.8m | $14.6m | $11.6m | $10.5m | $10.5m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $19.1m | $15.5m | $12.4m | $11.3m | $11.3m | |
| Deferred Income Tax Expense (Benefit) | $2.9m | $2.8m | ($550k) | ($5.7m) | ($24.2m) | $15.4m | ($9.5m) | ($9.5m) | $2.4m | ($5.4m) | $8.2m | |
| Deferred Tax | — | — | — | — | — | — | ($9.5m) | ($9.5m) | $2.4m | ($5.4m) | $8.2m | |
| Share-based Payment Arrangement, Noncash Expense | $2.9m | $3.0m | $3.6m | $2.8m | $3.3m | $4.2m | $3.6m | $4.9m | $5.7m | $6.2m | $6.7m | |
| Stock-based compensation | $2.9m | $3.0m | $3.6m | $2.8m | $3.3m | $4.2m | $3.6m | $4.9m | $5.7m | $6.2m | $6.7m | |
| Goodwill, Impairment Loss | — | — | — | $0 | $0 | $0 | $0 | $0 | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | ($812k) | $0 | $0 | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $19.5m | $40.0m | $23.9m | $38.4m | $5.4m | |
| Change In Receivables | — | — | — | — | — | — | ($7.0m) | ($5.5m) | ($2.6m) | ($2.7m) | ($2.3m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($7.0m) | ($5.5m) | ($2.6m) | ($2.7m) | ($2.3m) | |
| Increase (Decrease) in Other Operating Assets | ($2.1m) | $1.4m | $8.1m | ($11.2m) | ($12.8m) | ($17.8m) | ($413k) | ($4.1m) | $4.2m | ($1.9m) | — | |
| Increase (Decrease) in Other Operating Liabilities | $648k | ($3.3m) | $7.4m | $13.5m | $10.3m | ($15.0m) | $21.9m | $17.9m | $23.6m | $51.0m | — | |
| Change in other assets | $2.1m | ($1.4m) | ($8.1m) | $11.2m | $12.8m | $17.8m | $413k | $4.1m | ($4.2m) | $1.9m | — | |
| Change in other liabilities | $648k | ($3.3m) | $7.4m | $13.5m | $10.3m | ($15.0m) | $21.9m | $17.9m | $23.6m | $51.0m | — | |
| Other | $450k | $4.5m | $1.0m | $1.7m | $940k | $279k | ($4.0m) | ($3.0m) | $185k | ($1.2m) | — | |
| Change In Other Current Assets | — | — | — | — | — | — | $413k | $4.1m | ($4.2m) | $1.9m | ($4.5m) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | $21.9m | $17.9m | $23.6m | $51.0m | $13.2m | |
| Net Cash Provided by (Used in) Operating Activities | $98.1m |
$117.3m
+19.58%
|
$144.4m
+23.12%
|
$164.6m
+14.01%
|
$154.5m
-6.14%
|
$166.8m
+7.94%
|
$175.5m
+5.26%
|
$187.9m
+7.07%
|
$193.9m
+3.15%
|
$223.1m
+15.10%
|
$216.4m
-3.03%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $8.9m | $5.4m | $3.1m | $8.0m | $2.9m | $2.9m | $2.4m | $6.0m | $12.4m | $10.1m | ($8.2m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | — | — | $1.3m | $0 | $0 | — | — | — | — | $5.4m | |
| Net change in equipment owned under operating leases | ($30.1m) | ($46.0m) | ($21.1m) | ($2.5m) | $26.4m | $2.9m | $6.7m | $4.2m | $4.8m | $2.1m | — | |
| Proceeds from disposal of premises and equipment | — | $2.2m | $216k | $3.4m | $23k | $129k | $49k | $142k | $613k | $254k | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $217.6m | $177.5m | $145.2m | $317.3m | $443.6m | $336.4m | $206.4m | $145.0m | $368.2m | $382.3m | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | ($345k) | $0 | $279k | ($680k) | ($184k) | ($2.9m) | ($3.9m) | ($8.7m) | — | |
| Debt Securities, Realized Gain (Loss) | — | — | ($345k) | — | — | — | — | — | — | — | — | |
| Net change in partnership investments | — | ($24.5m) | ($13.7m) | ($33.8m) | ($55.0m) | ($24.9m) | ($18.3m) | ($51.1m) | ($34.4m) | ($24.5m) | — | |
| Net change in other investments | ($485k) | ($3.5m) | ($2.5m) | ($10k) | $985k | $240k | $1.9m | $218k | $1.2m | $1.7m | — | |
| Net Other Investing Changes | — | — | — | — | — | — | $51.3m | $72.9m | $72.5m | $85.1m | $98.4m | |
| Net Cash Provided by (Used in) Investing Activities | — | — | — | ($333.9m) | ($582.7m) | ($598.6m) | ($784.9m) | ($358.3m) | ($276.6m) | ($154.2m) | ($227.7m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $6.4m | $26.6m | $1.7m | $2.7m | $2.9m | $13.5m | $25.5m | $3.5m | $12.6m | $2.3m | ($12.3m) | |
| Proceeds from Issuance of Long-term Debt | $20.8m | $20.0m | $0 | $0 | $10.0m | $0 | $0 | — | — | — | $0 | |
| Net change in short-term borrowings | $58.7m | ($77.3m) | ($15.3m) | ($53.5m) | $4.7m | $49.4m | $15.5m | $96.8m | ($63.2m) | ($10.6m) | — | |
| Payments on long-term debt | ($6.4m) | ($26.6m) | ($1.7m) | ($2.7m) | ($2.9m) | ($13.5m) | ($25.5m) | ($3.5m) | ($12.6m) | ($2.3m) | — | |
| Issuance of long-term debt for intangible asset acquisition | — | — | — | — | — | — | — | $0 | $0 | $258k | — | |
| Issuance Of Debt | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Long Term Debt Issuance | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Long Term Debt Payments | — | — | — | — | — | — | ($25.5m) | ($3.5m) | ($12.6m) | ($2.3m) | ($12.3m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($10.0m) | $93.4m | ($75.8m) | ($12.9m) | $77.1m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($25.5m) | ($3.5m) | ($12.6m) | ($2.3m) | ($12.3m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $15.5m | $96.8m | ($63.2m) | ($10.6m) | $89.4m | |
| Repayment Of Debt | — | — | — | — | — | — | ($25.5m) | ($3.5m) | ($12.6m) | ($2.3m) | ($12.3m) | |
| Payments for Repurchase of Common Stock | $8.0m | $41k | $9.3m | $15.1m | $6.4m | $33.1m | $6.8m | $12.5m | $178k | $13.9m | — | |
| Payments of Ordinary Dividends, Common Stock | $19 | $20 | $26 | $29 | $30 | $31 | $32 | $33 | $35 | $38 | ($40.5m) | |
| Cash dividends paid on common stock | ($19) | ($20) | ($26) | ($29) | ($30) | ($31) | ($32) | ($33) | ($35) | ($38) | ($40.5m) | |
| Common stock matching contribution to Employee Stock Ownership and Profit Sharing Plan | $800k | $1.4m | $583k | $300k | — | — | $683k | $1.8m | $1.2m | $1.2m | — | |
| Purchases of mandatorily redeemable securities with common stock held in treasury | — | — | — | — | — | — | $0 | $0 | $739k | $102k | — | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($32.1m) | ($33.1m) | ($35.4m) | ($38.4m) | ($40.5m) | |
| Common Stock Payments | — | — | — | — | — | — | ($6.8m) | ($12.5m) | ($178k) | ($13.9m) | ($33.9m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($6.8m) | ($12.5m) | ($178k) | ($13.9m) | ($33.9m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($6.8m) | ($12.5m) | ($178k) | ($13.9m) | ($33.9m) | |
| Other Interest and Dividend Income | $1.2m | $1.4m | $1.6m | $2.2m | $1.3m | $1.4m | $2.6m | $3.7m | $5.9m | $5.8m | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($32.1m) | ($33.1m) | ($35.4m) | ($38.4m) | ($40.5m) | |
| Net Other Financing Charges | — | — | — | — | — | — | $6.5m | $19.0m | ($2.3m) | ($4.3m) | ($2.9m) | |
| Net Cash Provided by (Used in) Financing Activities | — | — | — | $153.6m |
$587.8m
+282.72%
|
$713.9m
+21.45%
|
$207.0m
-71.01%
|
$177.2m
-14.37%
|
$77.9m
-56.04%
|
($73.9m)
-194.81%
|
($10.5m)
+85.84%
|
|
| Cash and cash equivalents, beginning of year | $79.7m | $108.3m | $78.0m | $99.1m | $243.0m | $525.2m | $122.8m | $129.7m | $124.8m | $119.9m | — | |
| Beginning Cash Position | — | — | — | — | — | — | $525.2m | $122.8m | $129.7m | $124.8m | $149.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $243.0m | $525.2m | $122.8m | $129.7m | $124.8m | $119.9m | $127.3m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | $5.8m | $9.0m | $19.5m | $15.8m | $36.0m | ($4.3m) | $13.2m | $5.9m | $12.5m | $12.6m | $10.4m | |
| Parent Company | $19.4m | $20.4m | $25.7m | $29.0m | $29.8m | $31.3m | $32.1m | $33.1m | $35.4m | $38.4m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $21.5m | $25.5m | $40.4m | $54.0m | $47.1m | $20.2m | $26.2m | $114.7m | $176.2m | $178.0m | — | |
| Income Taxes Paid, Net | $19.9m | $10.6m | $8.3m | $5.6m | $13.5m | $15.4m | $23.3m | $17.8m | $11.3m | ($6.7m) | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Sale of Mortgage Loans | $3.3m | $3.0m | $1.8m | $2.9m | $13.0m | $6.5m | $1.6m | $923k | $906k | $1.7m | — | |
| Goodwill | $83.7m | $83.7m | $83.9m | $83.9m | $83.9m | $83.9m | $83.9m | $83.9m | $83.9m | $83.9m | — | |
| Income Tax Expense (Benefit) | $31.3m | $33.3m | $22.6m | $28.1m | $24.9m | $36.3m | $36.3m | $36.7m | $38.4m | $46.1m | — | |
| Proceeds from Noncontrolling Interests | — | — | $1.5m | $18.8m | $23.4m | $9.4m | $6.5m | $19.0m | — | — | — | |
| Proceeds from (Payments to) Noncontrolling Interests | — | — | — | — | — | — | — | — | ($2.3m) | ($4.3m) | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | — | — | — | $13.7m | $10.5m | — | |
| Provision for credit losses | — | — | $19.5m | $15.8m | $36.0m | ($4.3m) | $13.2m | $5.9m | $12.5m | $12.6m | — | |
| Losses on investment securities available-for-sale | ($1.8m) | ($4.3m) | $345k | $0 | ($279k) | $680k | $184k | $2.9m | $3.9m | $8.7m | — | |
| Originations of loans held for sale, net of principal collected | ($119.1m) | ($101.1m) | ($78.5m) | ($145.1m) | ($331.0m) | ($261.6m) | ($86.2m) | ($43.7m) | ($62.0m) | ($73.1m) | — | |
| Proceeds from the sales of loans held for sale | $116.4m | $106.8m | $82.1m | $139.1m | $351.3m | $267.7m | $97.2m | $47.1m | $61.8m | $72.5m | — | |
| Net gains on sale of loans held for sale | ($3.3m) | ($3.0m) | ($1.8m) | ($2.9m) | ($13.0m) | ($6.5m) | ($1.6m) | ($923k) | ($906k) | ($1.7m) | — | |
| Net gains on sale of other real estate and repossessions | — | ($251k) | ($561k) | ($487k) | ($138k) | ($672k) | ($410k) | ($123k) | ($214k) | ($229k) | — | |
| Change in interest receivable | ($1.3m) | ($2.1m) | ($1.7m) | ($245k) | ($1.1m) | $2.5m | ($7.0m) | ($5.5m) | ($2.6m) | ($2.7m) | — | |
| Change in interest payable | $570k | $1.2m | $3.0m | $5.0m | ($9.9m) | ($2.1m) | $4.1m | $23.5m | $7.0m | ($11.8m) | — | |
| Net change in operating activities | $98.1m | $117.3m | $144.4m | $164.6m | $154.5m | $166.8m | $175.5m | $187.9m | $193.9m | $223.1m | — | |
| Proceeds from sales of investment securities available-for-sale | $23.8m | $228.7m | $11.4m | $0 | $8.4m | $99.2m | $23.8m | $102.4m | $62.6m | $254.5m | — | |
| Proceeds from maturities and paydowns of investment securities available-for-sale | $217.6m | $177.5m | $145.2m | $317.3m | $443.6m | $336.4m | $206.4m | $145.0m | $368.2m | $382.3m | — | |
| Purchases of investment securities available-for-sale | ($313.1m) | ($469.4m) | ($255.2m) | ($351.2m) | ($597.3m) | ($1.1b) | ($327.5m) | ($47.5m) | ($324.7m) | ($560.1m) | — | |
| Loans sold or participated to others | $5.9m | $32.0m | $22.8m | $53.4m | $17.5m | $54.6m | $57.5m | $49.6m | $119.7m | $64.5m | — | |
| Proceeds from principal payments on direct finance leases | — | $75.3m | $50.5m | $69.2m | $54.8m | $40.8m | $58.7m | $71.0m | $68.8m | $79.5m | — | |
| Net change in loans and leases | ($209.7m) | ($382.4m) | ($355.5m) | ($392.5m) | ($489.5m) | $36.4m | ($784.4m) | ($628.3m) | ($534.8m) | ($349.9m) | — | |
| Proceeds from sales of other real estate and repossessions | $2.2m | $6.2m | $13.4m | $10.9m | $10.3m | $4.3m | $2.6m | $1.9m | $3.7m | $5.6m | — | |
| Net change in investing activities | ($309.8m) | ($462.2m) | ($442.6m) | ($333.9m) | ($582.7m) | ($598.6m) | ($784.9m) | ($358.3m) | ($276.6m) | ($154.2m) | — | |
| Net change in demand deposits and savings accounts | $278.7m | $205.6m | $171.8m | $54.3m | $1.1b | $1.0b | ($7.1m) | ($487.9m) | $140.4m | $198.7m | — | |
| Net change in time deposits | ($84.1m) | $213.3m | $197.8m | $180.7m | ($481.1m) | ($283.2m) | $256.3m | $598.2m | $51.0m | ($203.1m) | — | |
| Stock issued under stock purchase plans | $120k | $153k | $145k | $49k | $39k | $90k | $252k | $78k | $153k | $133k | — | |
| Acquisition of treasury stock | ($8.0m) | ($41k) | ($9.3m) | ($15.1m) | ($6.4m) | ($33.1m) | ($6.8m) | ($12.5m) | ($178k) | ($13.9m) | — | |
| Net (distributions to) contributions from noncontrolling interests | — | — | — | — | $23.4m | $9.4m | $6.5m | $19.0m | ($2.3m) | ($4.3m) | — | |
| Net change in financing activities | $240.4m | $314.7m | $319.3m | $153.6m | $587.8m | $713.9m | $207.0m | $177.2m | $77.9m | ($73.9m) | — | |
| Net change in cash and cash equivalents | $28.6m | ($30.3m) | $21.0m | ($15.7m) | $159.7m | $282.1m | ($402.4m) | $6.9m | ($4.8m) | ($5.0m) | — | |
| Loans transferred to other real estate and repossessions | $5.0m | $8.1m | $11.0m | $14.8m | — | — | $1.8m | $2.0m | $3.5m | $5.1m | — | |
| Right of use assets obtained in exchange for lease obligation | — | $0 | $0 | $17.1m | — | — | $2.0m | $3.9m | $2.7m | $2.1m | — | |
| Liquidation of noncontrolling interests | — | — | — | — | — | — | $0 | $0 | $5.9m | $23.0m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $207.0m | $177.2m | $77.9m | ($73.9m) | ($10.5m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($784.9m) | ($358.3m) | ($276.6m) | ($154.2m) | ($227.7m) | |
| Change In Account Payable | — | — | — | — | — | — | $4.1m | $23.5m | $7.0m | ($11.8m) | ($1.1m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($402.4m) | $6.9m | ($4.8m) | ($5.0m) | — | |
| Change In Payable | — | — | — | — | — | — | $4.1m | $23.5m | $7.0m | ($11.8m) | ($1.1m) | |
| Changes In Cash | — | — | — | — | — | — | ($402.4m) | $6.9m | ($4.8m) | ($5.0m) | ($21.8m) | |
| End Cash Position | — | — | — | — | — | — | $122.8m | $129.7m | $124.8m | $119.9m | $127.3m | |
| Financing Cash Flow | — | — | — | — | — | — | $207.0m |
$177.2m
-14.37%
|
$77.9m
-56.04%
|
($73.9m)
-194.81%
|
($10.5m)
+85.84%
|
|
| Free Cash Flow | — | — | — | — | — | — | $173.2m | $182.0m | $181.5m | $213.0m | $208.1m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $184k | $2.9m | $3.9m | $8.7m | $7.7m | |
| Investing Cash Flow | — | — | — | — | — | — | ($784.9m) | ($358.3m) | ($276.6m) | ($154.2m) | ($227.7m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($113.7m) | $149.0m | $72.9m | $53.9m | ($93.7m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | $4.4m | ($1.6m) | ($6.9m) | ($7.7m) | ($6.8m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($1.4m) | $2.0m | $3.0m | $7.0m | $5.4m | |
| Other Non Cash Items | — | — | — | — | — | — | $6.6m | $313k | ($250k) | ($2.0m) | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $252k | $78k | $153k | $133k | $132k | |
| Purchase Of Investment | — | — | — | — | — | — | ($327.5m) | ($47.5m) | ($324.7m) | ($560.1m) | ($583.1m) | |
| Purchase Of PPE | $8.9m | $5.4m | $3.1m | $8.0m | $2.9m | $2.9m | ($2.4m) | ($6.0m) | ($12.4m) | ($10.1m) | ($8.2m) | |
| Sale Of Investment | — | — | — | — | — | — | $232.1m | $247.7m | $432.0m | $638.5m | $521.0m | |
| Sale Of PPE | — | — | — | — | — | — | $6.8m | $4.4m | $5.4m | $2.4m | $1.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.