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1st Source Bank

Total Branches in Florida: 1

1st Source Bank is a significant financial presence in Florida. The bank maintains 1 branches across the state, with a total of $40,218,000 in deposits as of the latest FDIC Summary of Deposits survey. This translates to approximately $1.72 in deposits per Florida resident and a bank density of about 0.00 branches per 100,000 people. Additionally, with total assets of $8,877,211,000, the bank has approximately $380.50 in assets per Florida resident.

CRA Ratings and Compliance

The Community Reinvestment Act (CRA) rating reflects the bank's record of meeting the credit needs of its community, including low- and moderate-income areas. The ratings are: Outstanding, Satisfactory, Needs to Improve, and Substantial Noncompliance.

Last CRA Rating (Overall)

Rating: Outstanding

Date: Sep 25, 2023

Exam Method: Large Bank Exam (e.g., Large Bank Exam applies to institutions above a certain asset threshold)

Assets at Exam: $8,411,706,000

CRA Trend (History)

09/25/2023: Outstanding

06/07/2021: Outstanding

06/18/2018: Outstanding

02/22/2016: Satisfactory

01/13/2014: Satisfactory

10/24/2011: Satisfactory

08/10/2009: Satisfactory

08/06/2007: Satisfactory

05/23/2005: Satisfactory

05/19/2003: Satisfactory

06/11/2001: Satisfactory

05/24/1999: Satisfactory

06/23/1997: Satisfactory

Institutional Overview

Registration & History

RSSD ID: 991340

Attributes data not found in NIC database.

Holding Company Status

Holding Company data not available.

Insurance & IDs

Insurance & ID data not available.

Corporate Structure and Relationships

Controlled Subsidiaries

These are companies that the main bank owns or directs. The listing below shows entities the bank has the power to control (`Controlled`).
If you see 0.00% Equity, it means the bank controls the subsidiary using a legal tool other than voting stock, such as a management contract or a fiduciary arrangement (See Other Basis Ind).

  • THORTON ELECTRIC COMPANY (RSSD: 1263996) - 0.00% Equity (Other Basis Ind: 1)
  • SOLLITT CONSTRUCTION COMPANY I (RSSD: 1264032) - 0.00% Equity (Other Basis Ind: 1)
  • WASHINGTON & MICHIGAN INS (RSSD: 3925159) - 100.00% Equity
  • 1ST SOURCE CORP INV ADV (RSSD: 3042542) - 100.00% Equity Address: 100 NORTH MICHIGAN STREET, SOUTH BEND, IN 46601
  • 1ST SOURCE FUNDING CORP (RSSD: 2742199) - 80.00% Equity Address: 100 NORTH MICHIGAN STREET, SOUTH BEND, IN 46601

Recent Transformations (as Survivor/Successor)

The following shows recent events where this entity (ID\_RSSD Successor) came into existence or continued to exist as a result of an event:

Date Event Type Predecessor (Non-Survivor)
Jun 07, 2008 Charter Discontinued (Merger/P&A) RSSD: 703141
Sep 01, 1995 Charter Discontinued (Merger/P&A) RSSD: 532949
Jun 19, 1992 Charter Discontinued (Merger/P&A) RSSD: 816845
Apr 01, 1987 Charter Discontinued (Merger/P&A) RSSD: 80646
Dec 02, 1985 Charter Discontinued (Merger/P&A) RSSD: 387242

Corporate Office

100 N Michigan St Ste B
South Bend, IN 46601

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Sarasota

Sarasota Banking Center Branch

1800 2nd St, Ste 712, FL