For the year ending 2025-12-31, SRCE made $991,716K in revenue. $158,277K in net income. Net profit margin of 15.96%.
| Income Statement | 2025-12-31 | |||
|---|---|---|---|---|
| Trust and wealth advisory, service charges on deposit accounts, and debit card income-Fiduciary And Trust | 27,867 | |||
| Trust and wealth advisory, service charges on deposit accounts, and debit card income-Deposit Account | 13,184 | |||
| Trust and wealth advisory, service charges on deposit accounts, and debit card income-Debit Card | 17,774 | |||
| Mortgage banking | 4,103 | |||
| Insurance commissions | 7,700 | |||
| Equipment rental | 3,021 | |||
| Losses on investment securities available-for-sale | -8,679 | |||
| Other | 20,633 | |||
| Total noninterest income | 85,603 | |||
| Loans and leases | 471,013 | |||
| Investment securities, taxable | 36,360 | |||
| Investment securities, tax-exempt | 1,191 | |||
| Other | 5,830 | |||
| Total interest income | 514,394 | |||
| Deposits | 155,914 | |||
| Short-term borrowings | 1,582 | |||
| Subordinated notes | 4,033 | |||
| Long-term debt and mandatorily redeemable securities | 4,690 | |||
| Total interest expense | 166,219 | |||
| Net interest income | 348,175 | |||
| Provision for credit losses | 12,562 | |||
| Net interest income after provision for credit losses | 335,613 | |||
| Salaries and employee benefits | 129,564 | |||
| Net occupancy | 12,724 | |||
| Furniture and equipment | 6,454 | |||
| Data processing | 29,844 | |||
| Depreciation - leased equipment | 2,415 | |||
| Professional fees | 7,115 | |||
| Fdic and other insurance | 5,793 | |||
| Business development and marketing | 8,855 | |||
| Other | 14,075 | |||
| Total noninterest expense | 216,839 | |||
| Income before income taxes | 204,377 | |||
| Income tax expense | 46,118 | |||
| Net income | 158,259 | |||
| Net loss (income) attributable to noncontrolling interests | -18 | |||
| Net income available to common shareholders | 158,277 | |||
| Basic net income per common share, in dollars per share | 6.41 | |||
| Diluted net income per common share, in dollars per share | 6.41 | |||
| Weighted average shares outstanding for basic earnings per common share | 24,487,374 | |||
| Weighted average shares outstanding for diluted earnings per common share | 24,487,374 | |||
1ST SOURCE CORP (SRCE)
1ST SOURCE CORP (SRCE)