# 1ST SOURCE BANK
SOUTH BEND, IN · FDIC certificate 9087 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $9.26B | |
| Deposits | $7.43B | |
| Loans and leases | $7.22B | |
| Total equity | $1.30B | |
| Loans / deposits | 94.97% (p74 of band) | 87.10% |
| Liquid assets / assets | 17.88% (p36 of band) | |
| Uninsured deposits / deposits | 53.84% (p93 of band) | 30.76% |
| Brokered deposits | 3.21% | |
| Wholesale funding | 6.94% (p54 of band) | |
| FHLB advances / assets | 1.46% | |
| Tier 1 leverage | 13.72% (p88 of band) | 10.50% |
| Unrealized securities loss / equity | -4.68% (p66 of band) | -7.75% |
| AOCI / equity | -0.90% (p20 of band) | |
| ROA (annualized) | 1.99% (p88 of band) | 1.26% |
| Net interest margin | 4.38% (p83 of band) | 3.70% |
| Efficiency ratio | 46.45% (p16 of band) | |
| Noncurrent loans | 0.99% (p73 of band) | 0.51% |
| Net charge-offs (annualized) | 0.10% (p75 of band) | |
| Reserve coverage of noncurrent | 232.10% | |
| Real estate % of loans | 29% | |
| Construction % of loans | 31.58% (p32 of band) | |
| Auto loans | $51.1M (0.71% of loans; DQ 0.93%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | -0.1% | |
| Employees | 1234 | |

## Flags firing in the latest filing

- **uninsured deposits >50%** (`liq_uninsured`)
- **run vulnerability** (`liq_runrisk`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | capital falling |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 0 |  | capital falling |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 1 | capital falling |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 | charge-offs p90 | capital falling |
| 2018-12 | 0 |  | charge-offs p90 |
| 2019-03 | 1 | charge-offs p90 |  |
| 2019-06 | 0 |  | charge-offs p90 |
| 2019-09 | 1 | capital falling |  |
| 2019-12 | 0 |  | capital falling |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 0 |  | capital falling |
| 2021-03 | 1 | charge-offs p90 |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 0 |  | charge-offs p90 |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 0 |  |  |
| 2022-12 | 0 |  |  |
| 2023-03 | 0 |  |  |
| 2023-06 | 0 |  |  |
| 2023-09 | 0 |  |  |
| 2023-12 | 0 |  |  |
| 2024-03 | 1 | charge-offs p90 |  |
| 2024-06 | 1 | uninsured deposits >50% | charge-offs p90 |
| 2024-09 | 0 |  | uninsured deposits >50% |
| 2024-12 | 2 | uninsured deposits >50%, run vulnerability |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 2 |  |  |
| 2026-06 | 2 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-09-04 [1st Source Bank Foundation Donates $100,000 To Disaster Recovery - InkFreeNews.com](https://news.google.com/rss/articles/CBMipAFBVV95cUxNb1NKYkNqRmdCSzV5clVGbGVPRHp5cWh5VzJnWW51QlduMHpjNTBNS21WbVRBaVRBWkRXVm02V0FkakhKdnFScTlTOWhHY1U2WGNwdDZzZEszbnlLRk9hZjVGa3NyZk9KV2NYb21iM05reFpMckU2TklibUxhT2Z2VGp5RWZPS0pBNnVhMkNyQUcyTUw3YU5qLUpFY3BZMTNXaVU0WA?oc=5) · InkFreeNews.com
- 2026-03-24 [1st Source Bank Named to America's Best Banks List by Forbes for Third Year - Yahoo Finance](https://news.google.com/rss/articles/CBMimwFBVV95cUxQTzctbnVfMms0V01NOU5tV0VxcXFnTS14OVZQSEtSX3F3NW91SUp0c0JPOVBZWk0xVlVxc3pobG1xYW16cVJ1NEI1STdvWVRmVEYzVFl0bTZvZFhmek14OFJGTnFpbUc5RHUxSXlJWG5vOE15QnNxc0pHdk9qaDRjaEh4aWx6Wmt5cGN6Wk4tOXJqSVJpMGZHV1BOcw?oc=5) · Yahoo Finance
- 2026-05-01 [1st Source Bank Announces the Promotion of Josh Birky - GreatNews.Life](https://news.google.com/rss/articles/CBMijgFBVV95cUxOajN6UlVsNkROSUVrWm9QSHJmVUxVR1NrYzZwVXBZLUZnUTF2a19mUnFWSGhyN2hHQllGUW1PckdiQUhGYlhkWjB0YThWZk1OSEtVUEtlTUpIaFRrQ2t5VDJ4ekJDc0pXZ01HaFlQanpBOThmR2VsN3JkdUNRTmxfeGlEVGUyLU4ya3ZJdjN3?oc=5) · GreatNews.Life
- 2026-09-02 [1ST Source Bank Invests $7.40 Million in International Business Machines Corporation $IBM - MarketBeat](https://news.google.com/rss/articles/CBMi4AFBVV95cUxNbDVicjJCVzdLUjdlb2N3bzZIME9yaGZjOGVxendpcFh0X01MWXhfVEFoUUdOSHZCWXRSbkNHdlpJMEdfZEdhTDhMQ0p4dXV4SzAwdWVYcW1lSTBBMk1lTnBVOTdpTTcwWDlhUTBYWFVhU09YTkV5aWlqaWNIUlVqZDJmemZ6aVgzNE5URlVwSHMtSjRsMnpfNzlQdFBXS1BPUW5jTFo5UDZMS1o3UGlKdklEUExaYkIyWlVsbDBiYUNNanJUZkZwWV9QeVBmY2FVWjdVLUhrdFhweEJaTm1MVw?oc=5) · MarketBeat
- 2026-05-07 [1st Source Makes KBW Bank Honor Roll for 8th Consecutive Year - TMX Newsfile](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPRlpyeVZIUHZKVTZ5U2xTUmRZT3JYZ3ZXd2FsN2tZRjVpX0RGbmFTUy1MSVhkVG1TeFh2OVlEaG44U0ZNZEdEWVNaV2tGckhIeW5GQ0U5ZGI1cGMwdm1ZdGtCSzhtc0JBdXB3allqTk5uTXVuUkhJaWY3Q2JHOVJGZTlxTFdNc2hpalJuWnlkaUVWNHgxZGkzV240amJINmZRN1JILVdhcjc?oc=5) · TMX Newsfile
- 2026-01-12 [1st Source Bank Promotes Two Senior Leaders - Building Indiana Business](https://news.google.com/rss/articles/CBMijgFBVV95cUxQVF9WdmZqZjdETlk1MFl5TjlBWXQ0WEQ0VnZzVFo5cTgwNTZVTGF0Q295OFRCX0NsSFBtZ3NOS0JlaVN6NTVLaXRqUHBRMmFVUW1ld2hxckliQTQ0cFhoYlQxaUVUMmNTQzRFSE51SGFUbUpQWmExVUNVbUJrajYyXzlPLU56TzdUNlYxN1dn?oc=5) · Building Indiana Business
- 2026-03-02 [1st Source Bank sponsors Valparaiso amphitheater - Northwest Indiana Business Magazine](https://news.google.com/rss/articles/CBMipwFBVV95cUxOY2tJZlQ0eVF2MDc4WmNPVktMemZzYUxlSlVORWZ5SndUMlJMUlhRWGQ4bjAzb252VER2TU8tYzVzUTV3YV9MNmdaOUFMYV9TTkdDaHZPYUVjSUg0Z253SU01WVhWRE5WRWNJdDEyU2F0R2FFVTZMdVQ4NVVxaVlsT25HSURGOTFyLTE5eERlbGVWWXBUUnhKbHU3d21Xa1U3cFpYUVpPaw?oc=5) · Northwest Indiana Business Magazine
- 2026-05-09 [1st Source Makes KBW Bank Honor Roll For Eighth Consecutive Year - timesuniononline.com](https://news.google.com/rss/articles/CBMirAFBVV95cUxPTVdmWXVNX0hoVW0tY3ZkckRYMUdtYWdDZVZNcU1kZFZ5Tk5CQXhLM3NucGhIYnZ0dU5hUjV0Qk1jTC1ISTJieldTSUFyQXdmdWtEdUYxbzlOaHdzQW5ENm5GWU0wb3VnWU5sU2lBOEJNN0xuTlFWc0hRUVhNd3Nscy1XSzIyeUJQZWJjY09NT3d6YWNHZl9tMVl5WG9iYmx6eEFTSE80a25iV0V0?oc=5) · timesuniononline.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=9087 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/63.json (key "9087", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide