Press release article from our research archive:

1ST SOURCE REPORTS EARNINGS UP 13 PERCENT

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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