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1st Source Corporation SRCE Interest Expense, Trust Preferred Securities
Interest Expense, Trust Preferred Securities at other companies
Other financials
Where this comes from
Reported directly by 1st Source Corporation in its filing.
Tagged under the XBRL concept us-gaap:InterestExpenseTrustPreferredSecurities.
The source filing: 1st Source Corporation’s 10-Q, filed July 23, 2026.
- Filed
- Jul 23, 2026, 4:09 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000034782-26-000045
| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Interest expense: | ||||
| Deposits | 34,465 | 39,106 | 67,043 | 78,952 |
| Short-term borrowings | 1,507 | 809 | 3,227 | 1,041 |
| Subordinated notes | 971 | 1,007 | 1,966 | 2,021 |
| Long-term debt and mandatorily redeemable securities | 996 | 1,102 | 1,698 | 2,376 |
| Total interest expense | 37,939 | 42,024 | 73,934 | 84,390 |
| Net interest income | 93,142 | 85,192 | 183,280 | 166,130 |
| Provision for credit losses: |
Item 1. Financial Statements (Unaudited)
FAQ
- What is 1st Source Corporation's interest expense, trust preferred securities?
- 1st Source Corporation (SRCE) reported interest expense, trust preferred securities of $971K in Q2 2026.
- How has 1st Source Corporation's interest expense, trust preferred securities changed year-over-year?
- 1st Source Corporation's interest expense, trust preferred securities decreased by 3.6% year-over-year, from $1.01M to $971K.
- What is the long-term trend for 1st Source Corporation's interest expense, trust preferred securities?
- Over 4 years (2021 to 2025), 1st Source Corporation's interest expense, trust preferred securities has grown at a 5.4% compound annual growth rate (CAGR), from $3.27M to $4.03M.
- What does interest expense, trust preferred securities mean?
- This reflects the interest expense associated with trust preferred securities, which are hybrid financial instruments often used to bolster regulatory capital. These payments represent a specific cost of capital that bridges the gap between debt and equity. Tracking this is essential for understanding the bank's capital structure and the servicing costs of its regulatory capital base.
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