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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