1st Source Corporation

srce

Ticker: SRCE

Acquired: 4/4/2016

Cost basis: $31.83

Current Portfolio Status: Hold

Dividend Reinvestment: N

Dividends paid quarterly in Feb, May, Aug, Nov

Shares held on account at Motif

1st Source Corporation operates as the bank holding company for 1st Source Bank that provides commercial and consumer banking services, trust and investment management services, and insurance to individual and business clients. Its consumer banking services include checking and savings accounts; certificates of deposit; and individual retirement accounts; on-line and mobile banking products; automated teller machine services; consumer loans, real estate loans, and lines of credit; and financial planning, financial literacy, and other consultative services. The company also offers commercial, small business, agricultural, and real estate loans for general corporate purposes, including financing for industrial and commercial properties, equipment, inventories, accounts receivables, and acquisition financing; and commercial leasing, cash management, and retirement planning services. In addition, it provides a range of trust, investment, agency, and custodial services comprising administration of estates and personal trusts for individual, corporate, and not-for-profit clients; and manages investment accounts for individuals, employee benefit plans, and charitable foundations. Further, the company offers equipment loan and lease finance products for auto and light trucks, medium and heavy duty trucks, new and used general aviation aircraft, and construction equipment, as well as leases construction equipment, medium and heavy duty trucks, automobiles, and other equipment. Additionally, it provides corporate and personal property, casualty, and individual and group health and life insurance products and services to individuals and businesses; and investment advisory services to trust and investment clients. The company operates through 81 banking center locations in 17 counties in Indiana and Michigan; and 22 locations for specialized financing services in the United States. 1st Source Corporation was founded in 1863 and is headquartered in South Bend, Indiana.

16 Apr 2016