1st Source Bank has been ranked in the top 15th percentile of community banks by Seifried & Brew LLC, a community bank risk management firm. 1st Source was selected from among banks with assets between $100 million and $5 billion.
According to Seifried & Brew, 1st Source “demonstrated exemplary performance of balancing risk and reward based on the bank’s S&B Total Risk/Return Composite Ranking. This is no small feat considering that the bank not only survived the financial crisis, but actually thrived.”
According to Christopher J. Murphy III, Chairman of 1st Source, “We appreciate the national recognition by Seifried & Brew. The acknowledgement is a result of our strong financial performance and it has been achieved by focusing on our mission of helping our clients achieve security, build wealth and realize their dreams. We do so by giving straight talk and sound advice and keeping their best interests in mind.”