1st Source Bank Named to Bank Director Magazine ‘Nifty Fifty’ List

Wed Mar 27, 2013 2:43pm EDT

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SOUTH BEND, Ind.--(Business Wire)--
1st Source Bank has been named to Bank Director Magazine`s `Nifty Fifty` list of
high performing banks. 1st Source ranked #24 on the list which ranks the top 50
best users of capital based on profitability and capital strength. 1st Source
ranked higher on the `Nifty Fifty` list than any other bank in northern Indiana
or southwestern Michigan and is one of only three in Indiana to have made the

"We are pleased to be recognized on Bank Director Magazine`s `Nifty Fifty` list
of high performing banks," said Christopher J. Murphy III, Chairman and CEO of
1st Source. "This recognition reflects our strong position and our commitment to
our clients and shareholders. Because of our strong balance sheet, we are able
to be distinctively convenient, provide straight talk and sound advice to our
clients, and always keep their best interests in mind, as we have for the last
150 years." 

In compiling the `Nifty Fifty` list, Bank Director Magazine and Sandler O`Neill
+ Partners measured all banks and thrifts that publicly trade on the NYSE,
NASDAQ, or NYSE Amex stock exchanges. The metrics of core return on tangible
common equity and the ratio of tangible common equity to tangible assets were
used to determine the rankings. Data was used from eight consecutive quarters
through June 2012. 

1st Source Corporation, parent company of 1st Source Bank, has assets of $4.55
billion and is the largest locally controlled financial institution
headquartered in the northern Indiana-southwestern Michigan area. The
Corporation includes 76 banking centers in 17 counties, 22 1st Source Bank
Specialty Finance Group locations nationwide, nine Trust and Wealth Management
locations and nine 1st Source Insurance offices. 

1st Source common stock is traded on the NASDAQ Global Select Market under
"SRCE" and appears in the National Market System tables in many daily newspapers
under the code name "1st Src." For 150 years, 1st Source has been committed to
the success of the communities it serves. For more information, visit

1st Source Corporation
Angie Dvorak, 574-235-2128 

Copyright Business Wire 2013

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