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1ST SOURCE REPORTS EARNINGS UP 13 PERCENT
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PR Newswire
- Article date:
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July 18, 1995
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Copyright informationCOPYRIGHT 1995 PR Newswire Association, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SOUTH BEND, Ind., July 18 /PRNewswire/ -- 1st Source Corporation (Nasdaq-NNM: SRCE) today (July 18, 1995) reported net income of $5.1 million for the second quarter of 1995, up 13.0 percent from the $4.5 million reported for the second quarter of 1994.
Net income for 1st Source Corporation, parent company of 1st Source Bank, during the first six months of 1995 was $10.0 million, up 12.5 percent from the $8.9 million for the same period in 1994.
On a per share of common stock basis, net income for the second quarter of 1995 amounted to $.63, up 12.5 percent from the $0.56 for the second quarter of 1994. Net income per share for the first six months of 1995 was $1.23, up 11.8 ...
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