SOUTH BEND, Ind. -- 1st Source Corp. said it has agreed in principle to purchase the shares of Trustcorp Mortgage Co. that it does not already own.

The acquisition is expected to be completed by yearend and will make Trustcorp Mortgage a wholly owned subsidiary of 1st Source Corp., a $1.6 billion-asset bank holding company.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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