1st Source Corporation SRCE

Company Overview

1st Source Corporation is a U.S.-based bank holding company that operates primarily through its wholly owned subsidiary, 1st Source Bank, delivering financial services to individuals, businesses, and specialized commercial clients. The company operates in the banking and financial services industry, with a strong focus on relationship-based community banking complemented by niche national lending platforms. Its activities are primarily regulated under U.S. banking laws and overseen by federal and state banking authorities.

The company was founded in 1863 in South Bend, Indiana, originally as St. Joseph Valley Bank, and has evolved through organic growth and acquisitions into a diversified financial institution. A distinguishing feature of 1st Source Corporation is its long-standing emphasis on specialized lending segments—particularly equipment finance—alongside traditional retail and commercial banking, which provides differentiated revenue streams compared to many regional peers.