Plotted by close date where disclosed, otherwise announcement. Select any marker to jump to the deal entry.
Three patterns show up across 1st Source's deal book — what the team buys, how it pays, and how it integrates. The patterns are the throughline; the deals below are the evidence.
1 acquisitions. Each entry carries the deal value, financing structure, target revenue, executive commentary, and the original SEC filing — the evidence behind the patterns above.
1st Source Corporation acquired FINA Bancorp, Inc., the parent company of First National Bank, Valparaiso, a full-service bank with approximately $600 million in assets and 26 banking facilities across Porter, LaPorte and Starke counties in Northern Indiana.
This is a wonderful opportunity to join two very strong local banks with similar values, history and legacies. First National Bank, Valparaiso is located in the fastest growing area of our 1st Source retail market, and it’s a natural fit for us.Christopher J. Murphy III — Chairman, 1st Source Corporation
We are pleased to be a part of the 1st Source tradition of providing exceptional banking service to the people of Northern Indiana and Southwest Michigan.Wayne Welter — Chief Executive Officer, First National Bank, Valparaiso