1st Source bank logo1st Source Corporation is a bank holding company that provides, through its subsidiaries, an array of financial products and services. The Company’s banking subsidiaries, 1st Source Bank and First National Bank, Valparaiso (First National ), offer commercial and consumer banking services, trust and investment management services, and insurance to individual and business clients through most of 83 banking center locations in 17 counties in Indiana and Michigan. On December 31, 2007, the Company had total loans and leases of $3.19 billion and deposits of $3.47 billion. The company was founded in 1962 and is headquartered in South Bend, Indiana.

On December 9, 2008 1st Source announced its intention to participate in the Treasury Department’s Capital Purchase Program. The company is expected to seek $111 million under the Treasury program.


Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles


Bailout Bank Bio: 1st Source Corporation

 

Federal Equity Investment

$111 million

Total Revenue

$327.3 million (2007)

Net Income

$30.54 million (2007)

Number of Employees

1,350

Corporate Headquarters

South Bend, Indiana

Business Sector

Banking

Officers and Directors

Murphy, Christopher, Chairman of the Board, President, Chief Executive Officer
Other Officers and Directors

Corporate Website

http://www.1stsource.com/

Executive Compensation

1st Source Corp

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

►Financial Documents

2008-12-23 1st Source 8K

2008-09-30 1st Source 10Q

2008 1st Source Proxy

2007 1st Source Annual Report

2007 1st Source 10K

Federal contracts

No federal contracts located.

Lobbying reports (if any)

Third Quarter 2008

No lobbying records located.

Political Contributions

Center for Responsive Politics (last accessed 01-27-2009)

Related Articles

December 9, 2008 1st Source Approved For $111 Million Under Treasury Program (Tradingmarkets.com)

October 24, 2008 Operating income higher at 1st Source (Greater Fort Wayne Business Weekly)

October 23, 2008 1st Source Announces Dividend Increase, Third Quarter Profits (International business Times)

 

Last Updated January 27, 2009

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