1st Source Corp
1st Source Corp returned its bailout funds on Dec. 29, 2010
| Disbursed | $111,000,000 |
| Returned | $111,000,000 |
| Revenue to Gov't | $14,479,999 |
| Profit | $14,479,999 |
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Map: Corporate headquarters of 1st Source Corp.
South Bend,
Ind.
See all recipients in Indiana
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About This Project
We're tracking where the bailout money is going. Our lead bailout reporter – and blogger – is ProPublica's . Lead developer is .
- Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.
- Our bailout recipient list tracks the companies to which Treasury has committed money.
Events
-
$4M Revenue
Mar. 9, 2011 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$678K Revenue
Dec. 29, 2010 Dividend - Cumulative
Part of Capital Purchase Program -
$111M Payback
Dec. 29, 2010 Repayment
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$1M Revenue
Nov. 15, 2010 Dividend - Cumulative
Part of Capital Purchase Program -
$1M Revenue
Aug. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$1M Revenue
May 17, 2010 Dividends payment
Part of Capital Purchase Program -
$1M Revenue
Feb. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$1M Revenue
Nov. 16, 2009 Dividends payment
Part of Capital Purchase Program -
$1M Revenue
Aug. 17, 2009 Dividends Paid in Aug. 2009
Part of Capital Purchase Program -
$2M Revenue
May 31, 2009 Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
Part of Capital Purchase Program -
$111M Bailout
Jan. 23, 2009 Purchase - Preferred Stock w/ Warrants
Part of Capital Purchase ProgramMore info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 03/09/2011 | Warrant | $3,750,000 | CPP | Warrant Proceeds |
| 12/29/2010 | Refund | $111,000,000 | CPP | Repayment |
| 12/29/2010 | Dividend | $678,333 | CPP | Dividend - Cumulative |
| 11/15/2010 | Dividend | $1,387,500 | CPP | Dividend - Cumulative |
| 08/16/2010 | Dividend | $1,387,500 | CPP | Dividends payment |
| 05/17/2010 | Dividend | $1,387,500 | CPP | Dividends payment |
| 02/16/2010 | Dividend | $1,387,500 | CPP | Dividends payment |
| 11/16/2009 | Dividend | $1,387,500 | CPP | Dividends payment |
| 08/17/2009 | Dividend | $1,387,500 | CPP | Dividends Paid in Aug. 2009 |
| 05/31/2009 | Dividend | $1,726,667 | CPP | Dividends Paid Through 5/31/2009 |
| 01/23/2009 | Purchase | $111,000,000 | CPP | Purchase - Preferred Stock w/ Warrants |
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