South Bend, IN · Cert 9087 · 1st Source Corp.
State charter, Fed member · FED · 80 branches
Q2 2026
Market Position · South Bend-Mishawaka, IN-MI · 2026 SOD (annual) · 51.4% share · #1 of 17 inst. · $3.2B of $6.2B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.75% | 1.82% | 1.84% | 1.83% | 1.99% | +24 bps | |
| Return on Equity | 14.22% | 14.54% | 14.49% | 13.55% | 14.72% | +50 bps | |
| Net Interest Margin | 3.80% | 3.86% | 3.94% | 4.08% | 4.05% | +25 bps | |
| Efficiency Ratio | 48.14% | 47.98% | 47.79% | 47.23% | 46.45% | -169 bps | |
| Non-Interest Burden | 1.26% | 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 / Loans | 1.04% | 0.92% | 1.11% | 1.03% | 0.99% | -5 bps | |
| Net Charge-Offs / Loans | 0.06% | 0.08% | 0.06% | 0.22% | 0.12% | +7 bps | |
| Allowance / Loans | 2.30% | 2.32% | 2.30% | 2.33% | 2.30% | 0 bps | |
| Allowance Coverage of NPLs | 2.2x | 2.5x | 2.1x | 2.3x | 2.3x | +0.1x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 13.18% | 13.37% | 13.45% | 13.76% | 13.72% | +54 bps | |
| Total Risk-Based Capital | 15.95% | 16.49% | 16.62% | 16.54% | 16.62% | +67 bps | |
| Equity / Assets | 12.62% | 13.09% | 13.46% | 13.53% | 13.56% | +94 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 95.42% | 94.08% | 97.58% | 98.04% | 97.20% | +178 bps | |
| Liquid Assets / Assets | 0.67% | 1.55% | 0.57% | 0.57% | 0.66% | -2 bps | |
| CRE / Total Capital | n/a | 95.76% | 96.64% | 98.56% | n/a | n/a | |