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1st Source Bank

South Bend, IN · Cert 9087 · 1st Source Corp.

State charter, Fed member · FED · 80 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks $1B-$10B in assets (n=322 to 328). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

80

Q2 2024Q2 2026peer median (50)

Asset Quality

27

Q2 2024Q2 2026peer median (50)

Profitability

84

Q2 2024Q2 2026peer median (50)

Liquidity

32

Q2 2024Q2 2026peer median

Efficiency

87

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

1st Source Bank

South Bend, IN · Cert 9087 · 1st Source Corp.

State charter, Fed member · FED · 80 branches

Q2 2026

$9.3BAssets
$7.2BLoans
$7.4BDeposits
$1.3BEquity
Loan mix
30%RE $2.1B68%C&I $4.7B2%Consumer $0.1BQ2 2025Q2 2026
Deposit mix
78%Interest-bearing $5.8B22%Noninterest $1.6BQ2 2025Q2 2026

NIM

5.32%Q2 ’245.53%Q2 ’255.53%Q2 ’26+13%+7%

Non-interest income vs. expense

2.22%Q2 ’242.32%Q2 ’252.35%Q2 ’26+7%+4%

Market Position · South Bend-Mishawaka, IN-MI · 2026 SOD (annual) · 51.4% share · #1 of 17 inst. · $3.2B of $6.2B

54.5% St. Joseph
21.5% Elkhart
18.3% Porter
4.9% Allen

Executive Summary

  • Earnings: ROA of 1.99%, up 24 bps year over year; NIM at 4.05%.
  • Asset quality: problem loans at 0.99% of loans (-5 bps YoY), with net charge-offs at 0.12%.
  • Capital: tier 1 leverage ratio of 13.72%, up 54 bps from a year ago.
  • Funding: loans stand at 97.20% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.99%+24 bps YoY

Net Interest Margin (YTD, annualized)

4.05%+25 bps YoY

Efficiency Ratio (YTD, annualized)

46.45%-169 bps YoY

Tier 1 Leverage Ratio

13.72%+54 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.75%1.82%1.84%1.83%1.99%+24 bps
Return on Equity14.22%14.54%14.49%13.55%14.72%+50 bps
Net Interest Margin3.80%3.86%3.94%4.08%4.05%+25 bps
Efficiency Ratio48.14%47.98%47.79%47.23%46.45%-169 bps
Non-Interest Burden1.26%1.29%1.33%1.38%1.31%+5 bps
Growth
Asset Growth (YoY)2.34%3.33%1.38%1.68%1.92%-42 bps
Loan Growth (YoY)6.71%5.31%2.83%3.22%1.73%-498 bps
Deposit Growth (YoY)3.43%3.98%-0.06%-2.56%-0.14%-357 bps
Asset Quality
Nonperforming Loans / Loans1.04%0.92%1.11%1.03%0.99%-5 bps
Net Charge-Offs / Loans0.06%0.08%0.06%0.22%0.12%+7 bps
Allowance / Loans2.30%2.32%2.30%2.33%2.30%0 bps
Allowance Coverage of NPLs2.2x2.5x2.1x2.3x2.3x+0.1x
Capital
Tier 1 Leverage Ratio13.18%13.37%13.45%13.76%13.72%+54 bps
Total Risk-Based Capital15.95%16.49%16.62%16.54%16.62%+67 bps
Equity / Assets12.62%13.09%13.46%13.53%13.56%+94 bps
Liquidity & Funding
Loans / Deposits95.42%94.08%97.58%98.04%97.20%+178 bps
Liquid Assets / Assets0.67%1.55%0.57%0.57%0.66%-2 bps
CRE / Total Capitaln/a95.76%96.64%98.56%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

1st Source Bank

South Bend, IN · Cert 9087 · Peer group: banks $1B-$10B in assets (n=322-328) · 1st Source Corp.

State charter, Fed member · FED · 80 branches

Q2 2026

$9.3BAssets
$7.2BLoans
$7.4BDeposits
$1.3BEquity

Executive Summary

  • Strongest standing: return on assets outperforms 92% of banks $1B-$10B in assets (rank 27 of 328).
  • Widest gap: nonperforming loans / loans trails 75% of banks $1B-$10B in assets (rank 241 of 322).
  • Overall: at or above the peer median on 7 of 9 directional measures.

Return on Assets

1.96%

Rank 27 of 328

Net Interest Margin

4.05%

Rank 52 of 328

Efficiency Ratio

46.45%

Rank 42 of 328

Equity / Assets

13.56%

Rank 39 of 328

Non-interest income vs. expense

$96.5M$218.4MINCOMEEXPENSE
Unfavorable gap of $121.9M · efficiency ratio beats 87% of banks $1B-$10B in assets
Bank 46.45%Peer median 59.6%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.96%0.91%1.22%1.52%Beats 92%27 / 328
Return on Equity14.48%8.43%11.45%14.43%Beats 76%80 / 328
Net Interest Margin4.05%3.03%3.45%3.83%Beats 84%52 / 328
Efficiency Ratio46.45%51.61%59.56%67.53%Beats 87%42 / 328
Asset Quality
Nonperforming Loans / Loans0.99%0.24%0.51%1.03%Beats 25%241 / 322
Net Charge-Offs / Loans0.09%0.01%0.03%0.10%Beats 28%233 / 322
Capital
Tier 1 Capital Ratio15.36%11.75%13.15%15.47%Beats 74%85 / 328
Total Risk-Based Capital Ratio16.62%12.63%14.15%16.46%Beats 77%75 / 328
Equity / Assets13.56%9.15%10.33%12.01%Beats 88%39 / 328
Liquidity & Funding
Loans / Deposits97.20%76.63%87.92%95.36%80th pctl66 / 323
Loans / Assets78.03%65.18%74.15%79.98%68th pctl106 / 328
Brokered Deposits / Depositsn/aNot reported for this institution