1st Source Corp (SRCE) Declares $0.18 Quarterly Dividend; 2% Yield
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1st Source Corporation Announces Third Quarter Earnings, Cash Dividend Declared
October 20, 2016 4:05 PM EDTQUARTERLY HIGHLIGHTS
Net income improved to $14.26 million and diluted net income per common share improved to $0.55 from the prior year's quarter. Return on average assets of 1.05% and return on average common shareholders' equity of 8.47%. Net charge-offs of $4.63 million and nonperforming assets to loans and leases of 0.68%. Average loans and leases grew $278.36 million or 7.12% from the third quarter of 2015. Average deposits grew $357.46 million or 8.95% from the third quarter of 2015. Net interest income increased $0.49 million or 1.15% from the third quarter of 2015.... More