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1st Source Corporation SRCE Impaired Financing Receivable with No Related Allowance - Unpaid Principal Balance

Impaired Financing Receivable with No Related Allowance - Unpaid Principal Balance at other companies

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$18.04M+15.2%
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Other financials

Income statement

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Revenue$113.1M+8.7%
Net income$40.0M+6.5%
EPS (diluted)$1.63+7.2%

Balance sheet

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Cash & equivalents$118.8M-46.7%
Total debt$289.2M+373%
Total equity$1.3B+10.0%
Total assets$9.1B+1.7%

Cash flow

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Operating cash flow$59.1M-17.6%
CapEx$1.0M-58.8%
Free cash flow$58.1M-16.1%

Valuation

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Market cap$1.93B+14.7%

Profitability

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Net margin36.3%+0.9pp
FCF margin45.6%-7.1pp

Returns & leverage

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Return on equity13.2%+0.2pp
Debt / equity0.2×+0.2×

Where this comes from

Reported directly by 1st Source Corporation in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableNonaccrualNoAllowance.

The official record: 1st Source Corporation’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is 1st Source Corporation's impaired financing receivable with no related allowance - unpaid principal balance?
1st Source Corporation (SRCE) reported impaired financing receivable with no related allowance - unpaid principal balance of $60.92M in Q1 2026.
What does impaired financing receivable with no related allowance - unpaid principal balance mean?
This metric represents the unpaid principal balance of loans or financing receivables that have been identified as impaired but do not require a specific allowance for credit losses. It indicates that the collateral value or other recovery sources are sufficient to cover the expected loss, reflecting the bank's assessment of credit risk mitigation. Monitoring this helps investors understand the quality of the loan portfolio and the adequacy of existing credit loss reserves.