Total Assets
$9.1B
Total balance-sheet footings
FDIC Cert #9087 · South Bend, Indiana · Est. 1922
1st Source Bank - FDIC Bank Health Profile
A community-scale look at 1st Source Bank's own numbers, pulled straight from its quarterly FDIC Call Report.
- $9.1B
- Total assets
- A
- Health grade · Excellent
- 1.84%
- Return on assets
- 14.8%
- Tier 1 capital
Data updated July 2026
The verdict
1st Source Bank earns a PlainBankData health grade of A (91/100), with well-capitalized at 14.82% Tier 1, profitable at 1.84% ROA, efficient (48% cost ratio).
- #175
- largest of 4,313 FDIC banks by assets
- 96th
- percentile by asset size, nationally
- 14.82%
- Tier 1 ratio - above the 10% well-capitalized line
- 87th
- percentile for profitability (ROA), nationally
PlainBankData assigns this grade from public Call Report data; it isn't an official FDIC rating, and your deposits remain insured to $250,000 per depositor, per ownership category no matter the score.
How 1st Source Bank's 91/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
1st Source Bank's composite health score
Tier 1 Capital Ratio (14.82%) 35/40
Return on Assets (ROA) (1.84%) 25/25
Texas Ratio (5.67%) 16/20
Efficiency Ratio (47.79%) 15/15
91 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$7.2B
Customer-funded liabilities
Net Loans
$6.9B
Outstanding loan book
Net Income
$166M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where 1st Source Bank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. 1st Source Bank's score of 91/100 falls in the highlighted band.
1st Source Bank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). 1st Source Bank's $9.1B falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
14.82% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
14.82%
Texas Ratio
5.67%
Equity Capital
$1.2B
Profitability metrics
Return on Assets (ROA)
87th percentile nationally
1.84%
Return on Equity (ROE)
14.49%
Efficiency Ratio
47.79%
What the numbers say about 1st Source Bank
1st Source Bank is an FDIC-insured institution (Certificate #9087) headquartered in South Bend, Indiana, established in 1922. It holds $9.1B in total assets - 175th of 4,313 FDIC-insured banks, $7.2B in customer deposits, and $6.9B in net loans. Capital-wise, the Tier 1 ratio sits at 14.82%, clearing the federal 10% well-capitalized bar; the Texas Ratio reads 5.67%, a healthy figure under the 50% watch level. That combination rolls up into a PlainBankData health grade of A (91 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
Nationally, 1st Source Bank sits in the top decile of all FDIC-insured institutions by asset size (175th of 4,313), and within Indiana it ranks 5th of 90 state-chartered and national banks headquartered there. The next-largest bank in the state by assets is German American Bank, at $8.4B. A bank of this scale carries systemic weight in its market -- its lending and deposit decisions move local credit availability in a way a community-scale institution's simply cannot.
Income & expense breakdown
$514M
Interest Income
$95M
Non-Interest Income
$216M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. 1st Source Bank reports a Texas Ratio of 5.67% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
5.67% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Indiana by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) 1st Source Bank (FDIC Cert #9087) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Indiana
All Indiana banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Old National BankEvansville | $71.8B | B | 1.16% |
| Merchants Bank of IndianaCarmel | $19.4B | A | 1.20% |
| First Merchants BankMuncie | $19.0B | A | 1.27% |
| Centier BankWhiting | $9.7B | A | 1.67% |
| German American BankJasper | $8.4B | A | 1.46% |
| Lake City BankWarsaw | $7.0B | A | 1.61% |
| Horizon BankMichigan City | $6.4B | C | -1.96% |
| United Fidelity Bank, fsbEvansville | $6.3B | D | -0.09% |
Frequently asked questions
What is 1st Source Bank's health grade?▼
1st Source Bank receives a health grade of A (91/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank demonstrates excellent financial health with strong capital ratios and profitability.
How large is 1st Source Bank?▼
1st Source Bank holds $9.1B in total assets and $7.2B in deposits, ranking 175th of 4,313 FDIC-insured banks by asset size. It is headquartered in South Bend, Indiana.
Is my money safe at 1st Source Bank?▼
Yes, deposits at 1st Source Bank (Certificate #9087) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is 1st Source Bank's Tier 1 Capital Ratio?▼
1st Source Bank has a Tier 1 Capital Ratio of 14.82%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for 1st Source Bank?▼
1st Source Bank has a Texas Ratio of 5.67%. Staying under 50% is the level analysts treat as healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is 1st Source Bank?▼
1st Source Bank has an Efficiency Ratio of 47.79%. Under the 60% mark counts as efficient, more of every revenue dollar reaches the bottom line. This metric compares non-interest expenses to total revenue.
What to do with this
How to read 1st Source Bank's profile as a depositor or analyst.
- 1st Source Bank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare 1st Source Bank against other Indiana banks before moving funds. Indiana banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.