Tuesday, April 28, 2009

Chamber Member 1st Source Bank Recognized as One of the Nation’s 100 Most Trustworthy Firms

1st Source Corporation, parent company of 1st Source Bank, has been
named one of the nation’s ‘100 Most Trustworthy Companies’ according to Forbes and Audit Integrity. 1st Source was selected for this honor from among more than 12,000 companies traded on U.S. exchanges. 1st Source was recognized for displaying the highest corporate integrity and consistently showing transparent and conservative accounting practices and solid corporate governance and management.

"I couldn't be more pleased that 1st Source has received this recognition from Forbes as one of 'The 100 Most Trustworthy Companies' both in our financial reporting and our governance,” said Christopher J. Murphy III, Chairman of 1st Source. “Our bank's history and core values have always emphasized integrity in everything we do. We have always believed that our numbers should reflect what is actually going on, not an optimistic interpretation of them."

1st Source was also named one of the Top 150 Performing Banks in the country by Bank Director Magazine. 1st Source is ranked number 30 on the list as a well-rounded bank that is both profitable and well capitalized. In compiling the list, Bank Director Magazine reviewed six performance categories that measure profitability, capitalization, and asset quality.

For more information, visit http://www.1stsource.com/.

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