SOUTH BEND, Ind. -- 1st Source Corp., which has $1.6 billion in assets, announced net income of $4.5 million for the second quarter of 1994, up 11.3% over $4.1 million in second-quarter 1993.

For the first six months of 1994, net income was $8.9 million, also up 11.3%

For the second quarter, return on average shareholder equity was 14.18%,

compared with 14.44% a year earlier. Return on average assets for the second quarter was 1.18%, compared with 1.14% a year before.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.