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1st Source Corporation SRCE Loans transferred to other real estate and repossessions

Loans transferred to other real estate and repossessions at other companies

Trico Bancshares logo
Trico BancsharesTCBK
$721K
First Bancorp logo
First BancorpFBNC
$213K-57.0%
OFG Bancorp logo
OFG BancorpOFG
$13.3M-3.2%
UMB Financial logo
UMB FinancialUMBF
$29K-99.6%
First BanCorp logo
First BanCorpFBP
$17.18M+11.5%
Axos Financial logo
Axos FinancialAX
$608K-83.2%

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$1.9B+14.7%
Enterprise value$2.07B+41.9%
P/E11.8×0.0×
P/S4.3×+0.1×

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 source:TransferOtherRealEstateAndRepossessedAssets.

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 loans transferred to other real estate and repossessions?
1st Source Corporation (SRCE) reported loans transferred to other real estate and repossessions of $1.29M in Q1 2026.
How has 1st Source Corporation's loans transferred to other real estate and repossessions changed year-over-year?
1st Source Corporation's loans transferred to other real estate and repossessions decreased by 50.4% year-over-year, from $2.6M to $1.29M.
What is the long-term trend for 1st Source Corporation's loans transferred to other real estate and repossessions?
Over 3 years (2022 to 2025), 1st Source Corporation's loans transferred to other real estate and repossessions has grown at a 41.0% compound annual growth rate (CAGR), from $1.81M to $5.08M.
What does loans transferred to other real estate and repossessions mean?
Quantifies the carrying value of loans that have been reclassified to other real estate owned or repossessed assets following a default. This is a key indicator of asset quality deterioration and the volume of non-performing loans moving toward liquidation.