srce: the income statement

MyFinsight

1ST SOURCE CORP (SRCE)

For the quarter ending 2025-06-30.

Overview

Net Income
$37,319K
EPS
$1.51
Unit: Thousand (K) dollars

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

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

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

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

MyFinsight

Overview

Net Income
$37,319K
EPS
$1.51
Unit: Thousand (K) dollars

Income Statement

DownloadDownload image

Overview

Net Income
$37,319K
EPS
$1.51
Unit: Thousand (K) dollars

Income Statement

DownloadDownload image

Overview

Net Income$37,319KEPS$1.51Unit: Thousand (K) dollars

Income Statement

Overview

Net Income$37,319KEPS$1.51Unit: Thousand (K) dollars

Income Statement

Net Income
$37,319K
EPS
$1.51
Unit: Thousand (K) dollars

Net Income
$37,319K
EPS
$1.51
Unit: Thousand (K) dollars