1st Source Named to KBW Honor Roll for 3rd Year

  1st Source Named to KBW Honor Roll for 3rd Year

Business Wire

SOUTH BEND, Ind. -- April 30, 2014

1st Source Corporation announced that it has been named to the Keefe, Bruyette
& Woods (KBW) Bank Honor Roll of superior performers, one of only 31 banking
institutions achieving admission this year. This is the third year in a row
that 1st Source has made the list. The list acknowledges those institutions
that achieved positive earnings per share growth trends over the last decade,
regardless of the economic environment.

“We believe it is fair to say that the past decade has been one of the most
challenging in the history of U.S. banking,” noted Fred Cannon, KBW Director
of Research. “The Bank Honor Roll is a way for KBW to acknowledge companies
that have managed to excel during these tumultuous times and position their
companies for further growth in what remains a rate-challenged environment.”

Christopher J. Murphy III, Chairman of 1st Source Bank, commented, “We’re
thankful for this recognition of our strong financial performance and for
being named to this prestigious list for the third consecutive year. As KBW
mentioned, it’s been a tough 10 years for the economy. To succeed, we have
remained focused on our goals - delivering exceptional client service,
offering straight talk and sound advice while always keeping our clients’ best
interests in mind, providing distinctive convenience, managing costs tightly,
and operating with pristine credit quality. For the long term, the better we
serve our clients, the better we will perform for our shareholders.”

KBW Bank Honor Roll winners are publicly traded banking companies with more
than $500 million in total assets that meet the following three criteria:

  *No annual loss reported in net income per share before extraordinary items
    over the past 10 years.
  *2013 annual reported net income per share before extraordinary items must
    have been equal to or greater than peak net income per share over the past
    10 years.
  *Consecutive increases in net income per share before extraordinary items
    since 2009.

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.” Since 1863, 1st Source has been
committed to the success of the communities it serves. For more information,
visit www.1stsource.com.

1st Source serves the northern half of Indiana and southwest Michigan and is
the largest locally controlled financial institution headquartered in the
area. While delivering a comprehensive range of consumer and commercial
banking services through its community bank offices, 1st Source has
distinguished itself with highly personalized services. 1st Source Bank also
competes for business nationally by offering specialized financing services
for new and used private and cargo aircraft, automobiles for leasing and
rental agencies, medium and heavy duty trucks, construction and environmental
equipment. The Corporation includes 77 community banking centers in 17
counties, 9 trust and wealth management locations, 8 1st Source Insurance
offices, as well as 21 specialty finance locations nationwide. Celebrating 150
years, 1st Source has a history dating back to 1863. The Bank has a tradition
of providing superior service to clients while playing a leadership role in
the continued development of the communities it serves.

Contact:

1st Source Corporation
Melissa Collins, 574-235-2029
 
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