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1st Source Corporation (Parent Company Only) Financial Information (Tables)
 12 Months Ended
Dec. 31, 2013
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Schedule of statements of financial condition
STATEMENTS OF FINANCIAL CONDITION
December 31 (Dollars in thousands)
 
2013
 
2012
ASSETS
 
 

 
 

Cash and cash equivalents
 
$
54,348

 
$
32,603

Short-term investments with bank subsidiary
 
500

 
500

Investment securities, available-for-sale
(amortized cost of $1,218 and $1,243 at December 31, 2013 and 2012, respectively)
 
5,636

 
3,779

Other investments
 
1,470

 
1,470

Trading account securities
 
192

 
146

Investments in:
 
 

 
 

Bank subsidiaries
 
607,695

 
594,851

Non-bank subsidiaries
 
2,374

 
2,120

Premises and equipment, net
 
—

 
30

Other assets
 
5,475

 
5,693

Total assets
 
$
677,690

 
$
641,192

LIABILITIES AND SHAREHOLDERS’ EQUITY
 
 

 
 

Commercial paper borrowings
 
$
12,351

 
$
4,659

Other liabilities
 
5,373

 
4,824

Long-term debt and mandatorily redeemable securities
 
15,824

 
14,290

Subordinated notes
 
58,764

 
58,764

Total liabilities
 
92,312

 
82,537

Shareholders’ equity
 
585,378

 
558,655

Total liabilities and shareholders’ equity
 
$
677,690

 
$
641,192
Schedule of statements of income
STATEMENTS OF INCOME
Year Ended December 31 (Dollars in thousands)
 
2013
 
2012
 
2011
Income:
 
 

 
 

 
 

Dividends from bank subsidiary
 
$
30,429

 
$
58,739

 
$
28,175

Rental income from subsidiaries
 
2,165

 
1,873

 
1,772

Other
 
418

 
499

 
418

Investment securities and other investment gains
 
626

 
273

 
237

Total income
 
33,638

 
61,384

 
30,602

Expenses:
 
 

 
 

 
 

Interest on subordinated notes
 
4,220

 
6,484

 
6,589

Interest on long-term debt and mandatorily redeemable securities
 
999

 
1,108

 
1,039

Interest on commercial paper and other short-term borrowings
 
23

 
17

 
18

Rent expense
 
1,698

 
1,635

 
1,483

Other
 
639

 
354

 
763

Total expenses
 
7,579

 
9,598

 
9,892

Income before income tax benefit and equity in undistributed (distributed in excess of) income of subsidiaries
 
26,059

 
51,786

 
20,710

Income tax benefit
 
1,650

 
2,274

 
2,607

Income before equity in undistributed (distributed in excess of) income of subsidiaries
 
27,709

 
54,060

 
23,317

Equity in (distributed in excess of) undistributed income of subsidiaries:
 
 

 
 

 
 

Bank subsidiaries
 
26,995

 
(4,690
)
 
24,511

Non-bank subsidiaries
 
254

 
263

 
367

Net income
 
$
54,958

 
$
49,633

 
$
48,195
Schedule of statements of cash flow
STATEMENTS OF CASH FLOWS
Year Ended December 31 (Dollars in thousands) 
 
2013
 
2012
 
2011
Operating activities:
 
 

 
 

 
 

Net income
 
$
54,958

 
$
49,633

 
$
48,195

Adjustments to reconcile net income to net cash provided by operating activities:
 
 

 
 

 
 

Equity (undistributed) distributed in excess of income of subsidiaries
 
(27,249
)
 
4,427

 
(24,878
)
Depreciation of premises and equipment
 
30

 
39

 
76

Realized/unrealized investment securities and other investment gains
 
(626
)
 
(273
)
 
(237
)
Change in trading account securities
 
(46
)
 
(14
)
 
6

Other
 
1,714

 
3,600

 
2,246

Net change in operating activities
 
28,781

 
57,412

 
25,408

Investing activities:
 
 

 
 

 
 

Proceeds from sales and maturities of investment securities
 
9

 
500

 
657

Purchases of other investments
 
—

 
(1,470
)
 
—

Net change in premises and equipment
 
—

 
(6
)
 
142

Return of capital from subsidiaries
 
1

 
—

 
1,000

Net change in investing activities
 
10

 
(976
)
 
1,799

Financing activities:
 
 

 
 

 
 

Net change in commercial paper
 
7,692

 
(3,342
)
 
3,760

Proceeds from issuance of long-term debt and mandatorily redeemable securities
 
1,331

 
2,627

 
1,936

Payments on subordinated notes
 
—

 
(30,928
)
 
—

Payments on long-term debt and mandatorily redeemable securities
 
(397
)
 
(317
)
 
(328
)
Net proceeds from issuance of treasury stock
 
3,655

 
3,935

 
2,953

Repurchase of common stock warrant
 
—

 
—

 
(3,750
)
Acquisition of treasury stock
 
(2,273
)
 
(3,701
)
 
(2,241
)
Cash dividends paid on common stock
 
(17,054
)
 
(16,522
)
 
(15,921
)
Net change in financing activities
 
(7,046
)
 
(48,248
)
 
(13,591
)
Net change in cash and cash equivalents
 
21,745

 
8,188

 
13,616

Cash and cash equivalents, beginning of year
 
32,603

 
24,415

 
10,799

Cash and cash equivalents, end of year
 
$
54,348

 
$
32,603

 
$
24,415