1st Source Balance Sheet Health
Financial Health criteria checks 6/6
1st Source has total assets of $8.7B and total equity of $1.1B. Total deposits are $7.0B, and total loans are $6.4B. It earns a Net Interest Margin of 3.5%. It has sufficient allowance for bad loans, which are currently at 0.4% of total loans. Cash and short-term investments are $152.4M.
Key information
8.2x
Asset to equity ratio
3.5%
Net interest margin
| Total deposits | US$7.04b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.4% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$152.37m |
Recent financial health updates
No updates
Recent updates
Does 1st Source (NASDAQ:SRCE) Deserve A Spot On Your Watchlist?
Dec 05
1st Source (NASDAQ:SRCE) Has Announced That It Will Be Increasing Its Dividend To $0.34
Oct 241st Source (NASDAQ:SRCE) Is Due To Pay A Dividend Of $0.32
Jul 25With EPS Growth And More, 1st Source (NASDAQ:SRCE) Makes An Interesting Case
Apr 271st Source GAAP EPS of $1.32 beats by $0.16, revenue of $91.12M beats by $2.8M
Oct 20If EPS Growth Is Important To You, 1st Source (NASDAQ:SRCE) Presents An Opportunity
Oct 141st Source Corp.: Moderate Topline Growth To Partially Counter Provision Normalization
Aug 241st Source's (NASDAQ:SRCE) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 261st Source Corp.: Earnings To Dip Despite Favorable Economic Factors
Jun 09Here's Why I Think 1st Source (NASDAQ:SRCE) Might Deserve Your Attention Today
Jun 071st Source: Balanced Bank With Attractive Fee Income Mix
Feb 061st Source Corporation: Provision Normalization To Undermine Top Line Growth
Jan 17If You Like EPS Growth Then Check Out 1st Source (NASDAQ:SRCE) Before It's Too Late
Nov 291st Source's (NASDAQ:SRCE) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 251st Source: Waning Stimulus Effects Likely Weigh On Reported Profitability
Oct 251st Source: Revising Up The Earnings Estimate Because Of Better Than Expected Credit Performance
Jul 311st Source's (NASDAQ:SRCE) Dividend Will Be Increased To US$0.31
Jul 261st Source: Portfolio's Credit Risk In The Limelight
May 09Is 1st Source Corporation (NASDAQ:SRCE) A Smart Pick For Income Investors?
Mar 031st Source goes ex-dividend on Monday
Jan 291st Source Corporation (NASDAQ:SRCE) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Jan 271st Source Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Jan 23The 1st Source (NASDAQ:SRCE) Share Price Is Up 30% And Shareholders Are Holding On
Dec 30
Read This Before Selling 1st Source Corporation (NASDAQ:SRCE) Shares
Dec 091st Source: A Sleepy Bank With A Lackluster Growth And Profitability Outlook
Dec 021st Source: Margin Compression Likely To Lead Earnings Down
Nov 30What Kind Of Shareholders Hold The Majority In 1st Source Corporation's (NASDAQ:SRCE) Shares?
Nov 18Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SRCE's Assets to Equity ratio (8.2x) is low.
Allowance for Bad Loans: SRCE has a sufficient allowance for bad loans (627%).
Low Risk Liabilities: 92% of SRCE's liabilities are made up of primarily low risk sources of funding.
Loan Level: SRCE has an appropriate level of Loans to Assets ratio (73%).
Low Risk Deposits: SRCE's Loans to Deposits ratio (91%) is appropriate.
Level of Bad Loans: SRCE has an appropriate level of bad loans (0.4%).