1st Source Bank
1st Source Bank reported total assets of $9.3 bn at Q2 2026, up 1.9% on a year earlier, the 170th largest of 497 banks in our US coverage. The CET1 capital ratio at 1st Source Bank was 14.84%, and the uninsured share of 1st Source Bank was 53.84%. Source: FDIC Call Reports.
Key takeaways
- On common equity tier 1 (CET1) ratio, 1st Source Bank climbed from 162nd to 118th among 448 US banks between and (1 = highest; FDIC Call Reports).
- 1st Source Bank has one of the highest tier 1 leverage ratio readings among banks of $1 bn to $10 bn: 13.72% at , against a median of 10.45% across 339 banks (FDIC Call Reports).
- At 1.99%, the return on assets (ROA) of 1st Source Bank sits in the top tenth of its size group ($1 bn to $10 bn, 339 banks), where the median is 1.32% (FDIC Call Reports).
What sets 1st Source Bank apart
- Few banks of $1 bn to $10 bn report a higher uninsured share of domestic deposits than 1st Source Bank, at 53.84% in against a group median of 32.61%.
How large is 1st Source Bank?
The balance sheet of 1st Source Bank at : assets $9.3 bn, deposits $7.4 bn, net loans $7.1 bn (loans equal to 94.97% of deposits). Securities make up 16.5% of total assets at 1st Source Bank. Since , when 1st Source Bank held $5.2 bn, its assets grew 76.9%. In the year to , deposits at 1st Source Bank fell 0.1% while its total assets rose 1.9%. At , 1st Source Bank employed 1,234 full-time equivalent staff across 81 offices, about $7.5 mn of assets per employee and $91.8 mn of deposits per office.
How much funding at 1st Source Bank is uninsured?
At 1st Source Bank, uninsured deposits (above the FDIC limit) made up 53.84% of domestic deposits at (-0.86 pp on a year earlier); 1st Source Bank ranks 55th of 500 on this measure. In dollars, 1st Source Bank estimated $4.0 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $7.4 bn | -0.1% | 174th of 499 |
| Net loans and leases | $7.1 bn | +1.7% | 159th of 500 |
| Loan-to-deposit ratio | 94.97% | +1.74 pp | 115th of 500 |
| Tier 1 leverage ratio | 13.72% | +0.54 pp | 38th of 500 |
| Total risk-based capital ratio | 16.62% | +0.67 pp | 99th of 448 |
| Net interest margin | 4.38% | +0.30 pp | 79th of 500 |
| Return on assets (ROA) | 1.99% | +0.24 pp | 49th of 500 |
| Efficiency ratio | 46.45% | -1.69 pp | 95th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $60.8 mn | Narrowed by $13.9 mn | |
| Noncurrent loans to total loans | 0.99% | -0.05 pp | 363rd of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.13% | +0.07 pp | 299th of 500 (1 = lowest) |
US rank of 1st Source Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
1st Source Bank: assets, deposits and loans
- Total assets $9.3bn
- Deposits $7.4bn
- Net loans $7.1bn
Capital and securities
The CET1 ratio of 1st Source Bank stood at 14.84% in , +0.88 pp year on year. Low and high at 1st Source Bank since : 11.56% () to 14.84% (). Equity capital of 1st Source Bank at : $1.3 bn, or 13.6% of total assets. 1st Source Bank also reported a total capital ratio of 16.62% for , and a tier 1 leverage ratio of 13.72%.
The available-for-sale portfolio of 1st Source Bank showed an unrealized loss of $60.8 mn at ; the loss narrowed by $13.9 mn over the year.
1st Source Bank: capital ratios
- Total capital 17%
- CET1 15%
- Tier 1 leverage 14%
1st Source Bank: unrealized securities gains and losses
- Available for sale -$61mn
- Held to maturity $0
Profitability and loan quality
For the year to , 1st Source Bank earned a return on equity of 14.72%; return on assets: 1.99%. Net interest margin at 1st Source Bank: 4.38%, +0.30 pp in a year. 1st Source Bank net income: $90.9 mn, up 15.3% year on year. The efficiency ratio of 1st Source Bank was 46.45%: about 46 cents cost per revenue dollar, against 51 cents at the median peer.
At , noncurrent loans were 0.99% of total loans at 1st Source Bank; net charge-offs: 0.13% of average loans. Gross loans and leases at 1st Source Bank: $7.2 bn, up 1.7% in a year.
1st Source Bank: profitability
- Return on equity 15%
- Net interest margin 4.4%
- Return on assets 2.0%
Peer group of 1st Source Bank
The peer group of 1st Source Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of 1st Source Bank (state member bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Indiana. Against them, 1st Source Bank shows CET1 ratio 14.84% against a peer median of 13.18%, return on equity 14.72% against a peer median of 15.15% and uninsured deposit share 53.84% against a peer median of 38.16%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Peoples Bank | State member bank | OH | $9.5 bn | 12.30% | 10.48% | 26.43% | |
| Amalgamated Bank | State nonmember bank | NY | $9.4 bn | 14.78% | 14.63% | 57.05% | |
| Liberty Bank | State-chartered stock savings bank | CT | $9.4 bn | 13.66% | 9.92% | 25.51% | |
| 1st Source Bank | State member bank | IN | $9.3 bn | 14.84% | 14.72% | 53.84% | |
| Lake Forest Bank & Trust Company | National bank | IL | $9.3 bn | 11.16% | 21.10% | 49.90% | |
| Union Bank and Trust Company | State nonmember bank | NE | $9.2 bn | 12.70% | 15.67% | 11.78% | |
| First American Trust, FSB | Federal savings bank | CA | $9.2 bn | 33.45% | 23.05% | 63.84% | |
. FDIC Call Reports.
Last eight quarters
Two years at 1st Source Bank, to : assets +5.7%, deposits +4.3%, equity +17.7%. Staff 1,195 to 1,234.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $8.8 bn | $8.9 bn | $9.0 bn | $9.1 bn | $9.1 bn | $9.1 bn | $9.1 bn | $9.3 bn |
| Total deposits | $7.1 bn | $7.2 bn | $7.4 bn | $7.4 bn | $7.4 bn | $7.2 bn | $7.2 bn | $7.4 bn |
| Bank equity capital | $1.1 bn | $1.1 bn | $1.1 bn | $1.1 bn | $1.2 bn | $1.2 bn | $1.2 bn | $1.3 bn |
| CET1 ratio | 13.71% | 13.67% | 14.08% | 13.96% | 14.54% | 14.82% | 14.75% | 14.84% |
| Return on equity (ROE) | 14.10% | 13.64% | 14.53% | 14.22% | 14.54% | 14.49% | 13.55% | 14.72% |
| Uninsured share of domestic deposits | 49.57% | 53.59% | 53.98% | 54.69% | 54.50% | 52.94% | 52.01% | 53.84% |
| Full-time equivalent employees | 1,195 | 1,207 | 1,199 | 1,216 | 1,188 | 1,192 | 1,195 | 1,234 |
| Number of offices | 81 | 80 | 80 | 81 | 81 | 81 | 81 | 81 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by 1st Source Bank appears in the FDIC history since , and its total assets never moved more than 25% in one quarter.
Questions and identifiers
What were the total assets of 1st Source Bank?
1st Source Bank reported $9.3 bn at in its Call Report. That makes 1st Source Bank the 170th largest of 497 banks in our US coverage.
Is 1st Source Bank the same as its holding company?
No. This page covers 1st Source Bank, FDIC certificate 9087; 1ST SOURCE CORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is 1st Source Bank profitable?
1st Source Bank reported net income of $90.9 mn for the year to ; annualized return on equity: 14.72%. So yes: 1st Source Bank made a profit over these months.
When is data for 1st Source Bank next updated?
Figures from 1st Source Bank for are due after .
Where can I check the figures for 1st Source Bank?
In the FDIC BankFind Suite record for certificate 9087, and in the Call Reports of 1st Source Bank (RSSD ID 991340) at the FFIEC Central Data Repository.