← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total interest income | $191.8m |
$212.4m
+10.76%
|
$257.3m
+21.16%
|
$282.9m
+9.93%
|
$263.0m
-7.02%
|
$254.8m
-3.14%
|
$293.8m
+15.33%
|
$416.9m
+41.89%
|
$484.0m
+16.10%
|
$514.4m
+6.28%
|
— | |
| Total noninterest income | $88.9m | $98.7m | $97.0m | $101.1m | $103.9m | $100.1m | $91.3m | $90.6m | $86.3m | $85.6m | — | |
| Net interest income | $169.7m |
$185.6m
+9.41%
|
$213.9m
+15.23%
|
$223.9m
+4.66%
|
$225.8m
+0.87%
|
$236.6m
+4.79%
|
$263.5m
+11.34%
|
$278.6m
+5.76%
|
$300.8m
+7.96%
|
$348.2m
+15.74%
|
$365.3m
+4.93%
|
|
| Interest Income (Expense), Net | $169.7m |
$185.6m
+9.41%
|
$213.9m
+15.23%
|
$223.9m
+4.66%
|
$225.8m
+0.87%
|
$236.6m
+4.79%
|
$263.5m
+11.34%
|
$278.6m
+5.76%
|
$300.8m
+7.96%
|
$348.2m
+15.74%
|
$521.1m
+49.66%
|
|
| Labor and Related Expense | $86.8m | $86.9m | $93.9m | $97.1m | $101.6m | $105.8m | $105.1m | $115.6m | $121.9m | $129.6m | — | |
| Salaries and employee benefits | $86.8m | $86.9m | $93.9m | $97.1m | $101.6m | $105.8m | $105.1m | $115.6m | $121.9m | $129.6m | — | |
| Amortization of Intangible Assets | $580k | $360k | $80k | $30k | $20k | $20k | $20k | $110k | $20k | $260k | — | |
| Noninterest expense: | ||||||||||||
| Total noninterest expense | $163.6m | $174.0m | $186.5m | $189.0m | $187.4m | $186.1m | $184.7m | $201.7m | $203.6m | $216.8m | — | |
| Interest expense: | ||||||||||||
| Total interest expense | $22.1m | $26.8m | $43.4m | $59.0m | $37.2m | $18.1m | $30.3m | $138.3m | $183.2m | $166.2m | — | |
| Interest income: | ||||||||||||
| Net interest income after provision for credit losses | $163.8m |
$176.7m
+7.83%
|
$194.4m
+10.07%
|
$208.0m
+6.99%
|
$189.8m
-8.76%
|
$240.9m
+26.93%
|
$250.2m
+3.85%
|
$272.8m
+9.01%
|
$288.4m
+5.71%
|
$335.6m
+16.39%
|
$365.3m
+8.85%
|
|
| Debt Securities, Realized Gain (Loss) | — | — | ($345k) | — | — | — | — | — | — | — | — | |
| Income before income taxes | $89.1m | $101.4m | $105.0m | $120.2m | $106.3m | $154.9m | $156.8m | $161.7m | $171.1m | $204.4m | $221.5m | |
| Current Income Tax Expense (Benefit) | $28.5m | $30.5m | $23.2m | $33.9m | $49.0m | $20.9m | $45.7m | $46.2m | $36.0m | $51.5m | $50.6m | |
| Income Tax Expense (Benefit) | $31.3m | $33.3m | $22.6m | $28.1m | $24.9m | $36.3m | $36.3m | $36.7m | $38.4m | $46.1m | $50.6m | |
| Net Income (Loss) Attributable to Parent | $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%
|
$169.2m
+6.93%
|
|
| Net loss (income) attributable to noncontrolling interests | $0 | $0 | $0 | ($55k) | ($24k) | ($23k) | ($23k) | ($7k) | $5k | $18k | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | $0 | $55k | $24k | $23k | $23k | $7k | ($5k) | ($18k) | $169.2m | |
| Earnings Per Share, Basic | $2.22 | $2.60 | $3.16 | $3.57 | $3.17 | $4.70 | $4.84 | $5.03 | $5.36 | $6.41 | $6.97 | |
| Earnings Per Share, Diluted | $2.22 | $2.60 | $3.16 | $3.57 | $3.17 | $4.70 | $4.84 | $5.03 | $5.36 | $6.41 | $6.97 | |
| Common Stock, Dividends, Per Share, Declared | $0.72 | $0.76 | $0.96 | $1.10 | $1.13 | $1.21 | $1.26 | $1.30 | $1.40 | $1.52 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 25.9m | 25.9m | 25.9m | 25.6m | 25.5m | 25.0m | 24.7m | 24.6m | 24.5m | 24.5m | 24.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | 25.9m | 25.9m | 25.9m | 25.6m | 25.5m | 25.0m | 24.7m | 24.6m | 24.5m | 24.5m | 24.3m | |
| Additional Financial Items | ||||||||||||
| 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 | — | |
| Goodwill, Impairment Loss | — | — | — | $0 | $0 | $0 | $0 | $0 | — | — | — | |
| Loans and leases | $176.0m | $194.7m | $234.5m | $258.3m | $242.8m | $235.0m | $263.9m | $387.3m | $451.3m | $471.0m | — | |
| Investment securities, taxable | $11.8m | $13.7m | $19.4m | $20.9m | $18.1m | $17.8m | $26.3m | $24.5m | $25.7m | $36.4m | — | |
| Investment securities, tax-exempt | $2.7m | $2.6m | $1.9m | $1.4m | $895k | $601k | $1.0m | $1.4m | $1.0m | $1.2m | — | |
| Other | $5.9m | $5.6m | $6.5m | $6.5m | $7.9m | $4.9m | $14.3m | $17.4m | $12.4m | $14.1m | — | |
| Deposits | $15.3m | $19.2m | $34.6m | $50.5m | $30.5m | $12.3m | $25.2m | $123.2m | $166.8m | $155.9m | — | |
| Short-term borrowings | $525k | $1.1m | $2.8m | $1.9m | $517k | $115k | $1.5m | $7.0m | $9.0m | $1.6m | — | |
| Subordinated notes | $4.2m | $4.0m | $3.6m | $3.7m | $3.4m | $3.3m | $3.5m | $4.2m | $4.2m | $4.0m | — | |
| Long-term debt and mandatorily redeemable securities | $2.1m | $2.4m | $2.3m | $2.9m | $2.9m | $2.5m | $69k | $3.9m | $3.2m | $4.7m | — | |
| Provision for credit losses | — | — | $19.5m | $15.8m | $36.0m | ($4.3m) | $13.2m | $5.9m | $12.5m | $12.6m | — | |
| Trust and wealth advisory, service charges on deposit accounts, and debit card income | $40.2m | $43.4m | $44.9m | $45.9m | $45.6m | $52.5m | $53.3m | $54.4m | $57.4m | $58.8m | — | |
| Mortgage banking | $4.5m | $4.8m | $3.8m | $4.7m | $15.7m | $11.8m | $4.1m | $3.5m | $4.2m | $4.1m | — | |
| Insurance commissions | $5.5m | $5.9m | $6.5m | $6.8m | $7.0m | $7.2m | $6.7m | $6.9m | $6.7m | $7.7m | — | |
| Equipment rental | $25.9m | $30.4m | $31.8m | $30.7m | $23.4m | $16.6m | $12.3m | $8.8m | $5.2m | $3.0m | — | |
| Losses on investment securities available-for-sale | — | — | ($345k) | $0 | $279k | ($680k) | ($184k) | ($2.9m) | ($3.9m) | ($8.7m) | — | |
| Net occupancy | $9.7m | $10.6m | $10.0m | $10.5m | $10.3m | $10.5m | $10.7m | $11.1m | $11.9m | $12.7m | $13.4m | |
| Furniture and equipment | $19.5m | $20.8m | $23.4m | $24.8m | $25.7m | $25.9m | $5.4m | $5.7m | $5.6m | $6.5m | — | |
| Data processing | — | — | — | — | $19.1m | $19.9m | $22.4m | $25.1m | $27.6m | $29.8m | — | |
| Depreciation - leased equipment | $21.7m | $25.2m | $26.2m | $25.1m | $20.2m | $13.7m | $10.0m | $7.1m | $4.1m | $2.4m | $2.0m | |
| Professional fees | $5.2m | $6.8m | $7.7m | $7.0m | $6.3m | $8.7m | $7.3m | $6.7m | $7.1m | $7.1m | — | |
| FDIC and other insurance | $3.1m | $2.5m | $2.9m | $1.8m | $2.6m | $2.7m | $3.6m | $5.9m | $6.1m | $5.8m | — | |
| Business development and marketing | $4.9m | $7.5m | $6.1m | $6.3m | $4.2m | $8.0m | $5.8m | $7.2m | $6.9m | $8.9m | — |