Financial insights of SRCE

MyFinsight

For the quarter ending 2025-09-30, SRCE made $252,643K in revenue. $42,296K in net income. Net profit margin of 16.74%.

Income Overview

Revenue
$252,643K
Net Income
$42,296K
Net Profit Margin
16.74%
EPS
$1.71
Unit: Thousand (K) dollars
Revenue Breakdown
Loans and leases
Deposits
Salaries and employee benefits
Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Loans and leases	120,242	117,230	113,560	115,200
Investment securities, taxable	8,803	8,602	8,153	6,120
Investment securities, tax-exempt	301	297	277	251
Other	1,542	1,087	1,314	1,659
Total interest income	130,888	127,216	123,304	123,230
Deposits	39,654	39,106	39,846	43,782
Short-term borrowings	307	809	232	1,509
Subordinated notes	1,010	1,007	1,014	1,054
Long-term debt and mandatorily redeemable securities	1,167	1,102	1,274	1,399
Total interest expense	42,138	42,024	42,366	47,744
Net interest income	88,750	85,192	80,938	75,486
(recovery of) provision for credit losses - loans and leases	-179	7,884	2,112	-
Provision (recovery of provision) for credit losses - unfunded loan commitments	1,075	-194	1,153	-
Provision for credit losses	-	-	-	3,108
Total provision for credit losses	896	7,690	3,265	-
Net interest income after provision for credit losses	87,854	77,502	77,673	72,378
Trust and wealth advisory, service charges on deposit accounts, and debit card income-Fiduciary And Trust	6,825	7,266	-	-
Trust and wealth advisory, service charges on deposit accounts, and debit card income-Deposit Account	3,437	3,189	-	-
Trust and wealth advisory, service charges on deposit accounts, and debit card income-Debit Card	4,530	4,567	-	-
Mortgage banking	1,031	1,116	853	1,042
Trust and wealth advisory, service charges on deposit accounts, and debit card income	-	-	13,886	14,401
Insurance commissions	1,845	1,685	2,440	1,641
Equipment rental	693	779	899	1,141
Losses on investment securities available-for-sale	-1,877	-997	-	-
Other	5,422	5,452	5,025	4,223
Total noninterest income	21,906	23,057	23,103	22,448
Salaries and employee benefits	32,217	31,800	32,115	31,274
Net occupancy	3,085	3,035	3,224	3,011
Furniture and equipment	1,566	1,684	1,347	1,496
Data processing	7,578	7,410	7,291	7,002
Depreciation - leased equipment	557	619	718	907
Professional fees	1,765	1,499	1,668	1,928
Fdic and other insurance	1,454	1,438	1,440	1,423
Business development and marketing	2,846	1,884	1,925	1,671
Other	3,708	3,061	3,348	731
Total noninterest expense	54,776	52,430	53,076	49,443
Income before income taxes	54,984	48,129	47,700	45,383
Income tax expense	12,705	10,803	10,177	10,469
Net income	42,279	37,326	37,523	34,914
Net loss (income) attributable to noncontrolling interests	-17	7	3	-23
Net income available to common shareholders	42,296	37,319	37,520	34,937

Basic net income per common share (in dollars per share)	1.71	1.51	1.52	1.41
Basic weighted average common shares outstanding (in shares)	24,472,035	24,541,385	24,546,819	24,514,144
Diluted net income per common share (in dollars per share)	1.71	1.51	1.52	1.41
Diluted weighted average common shares outstanding (in shares)	24,472,035	24,541,385	24,546,819	24,514,144

MyFinsight

Income Overview

Revenue
$252,643K
Net Income
$42,296K
Net Profit Margin
16.74%
EPS
$1.71
Unit: Thousand (K) dollars
Revenue Breakdown
Loans and leases
Deposits
Salaries and employee benefits
Others

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

DownloadDownload image

Income Overview

Revenue
$252,643K
Net Income
$42,296K
Net Profit Margin
16.74%
EPS
$1.71
Unit: Thousand (K) dollars
Revenue Breakdown
Loans and leases
Deposits
Salaries and employee benefits
Others

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

DownloadDownload image

Income Overview

Revenue$252,643KNet Income$42,296KNet Profit Margin16.74%EPS$1.71Unit: Thousand (K) dollarsRevenue BreakdownLoans and leasesDepositsSalaries and employee benefitsOthers

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

Income Overview

Revenue$252,643KNet Income$42,296KNet Profit Margin16.74%EPS$1.71Unit: Thousand (K) dollarsRevenue BreakdownLoans and leasesDepositsSalaries and employee benefitsOthers

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

Revenue
$252,643K
Net Income
$42,296K
Net Profit Margin
16.74%
EPS
$1.71
Unit: Thousand (K) dollars
Revenue Breakdown
Loans and leases
Deposits
Salaries and employee benefits
Others

Revenue
$252,643K
Net Income
$42,296K
Net Profit Margin
16.74%
EPS
$1.71
Unit: Thousand (K) dollars
Revenue Breakdown
Loans and leases
Deposits
Salaries and employee benefits
Others