SRCE · 1St Source Corp · Executive Compensation
Market Cap
$2.07B
Shares
24.08M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| Christopher J. Murphy III | Executive Chairman, 1st Source Corporation and 1st Source Bank | $3,048,597 |
| Andrea G. Short | President and Chief Executive Officer, 1st Source Corporation and Chief Executive Officer, 1st Source Bank | $2,190,564 |
| Kevin C. Murphy | Executive Vice President, 1st Source Corporation and President, 1st Source Bank | $1,681,866 |
| Brett A. Bauer | Executive Vice President, Treasurer and Chief Financial Officer, 1st Source Corporation and 1st Source Bank Amounts included in Stock Awards represent the aggregate grant date fair value of all awards computed in accordance with FASB ASC Topic 718 granted during the year. These amounts generally relate to the prior year’s performance and are subject to forfeiture over the succeeding five years. Amounts included in All Other Compensation for the most recent fiscal year are as follows: Company Contributions to Defined Contribution Retirement Plans | $1,127,045 |
| Jeffrey L. Buhr | Executive Vice President and Chief Credit Officer, 1st Source Bank | $952,733 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Christopher J. Murphy III | Chairman of the Board and Chief Executive Officer, 1st Source Corporation and Chairman of the Board, 1st Source Bank | $2,035,648 |
| Andrea G. Short | President, 1st Source Corporation and President and Chief Executive Officer, 1st Source Bank | $1,058,557 |
| John B. Griffith | Executive Vice President, Chief Administrative Officer, General Counsel and Secretary | $791,993 |
| Jeffrey L. Buhr | Executive Vice President and Chief Credit Officer, 1st Source Bank | $790,218 |
| Brett A. Bauer | Senior Vice President, Treasurer and Chief Financial Officer Amounts included in Stock Awards represent the aggregate grant date fair value of all awards computed in accordance with FASB ASC Topic 718 granted during the year. These amounts generally relate to the prior year’s performance and are subject to forfeiture over the succeeding five years. | $638,020 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Christopher J. Murphy III | Chairman of the Board and Chief Executive Officer, 1st Source Corporation and Chairman of the Board, 1st Source Bank | $2,768,600 |
| Andrea G. Short | President, 1st Source Corporation and President and Chief Executive Officer, 1st Source Bank | $1,257,954 |
| John B. Griffith | Executive Vice President, Chief Administrative Officer, General Counsel and Secretary | $946,790 |
| Jeffrey L. Buhr | Executive Vice President and Chief Credit Officer, 1st Source Bank | $943,058 |
| Brett A. Bauer | Senior Vice President, Treasurer and Chief Financial Officer Amounts included in Stock Awards represent the aggregate grant date fair value of all awards computed in accordance with FASB ASC Topic 718 granted during the year. These amounts generally relate to the prior year’s performance and are subject to forfeiture over the succeeding five years. | $686,441 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Christopher J. Murphy III | Chairman of the Board and Chief Executive Officer, 1st Source Corporation and Chairman of the Board, 1st Source Bank | $2,364,896 |
| Andrea G. Short | President, 1st Source Corporation and President and Chief Executive Officer, 1st Source Bank | $1,064,138 |
| John B. Griffith | Executive Vice President, Chief Administrative Officer, General Counsel and Secretary | $890,689 |
| Jeffrey L. Buhr | Executive Vice President and Chief Credit Officer, 1st Source Bank | $856,868 |
| Brett A. Bauer | Senior Vice President, Treasurer and Chief Financial Officer Amounts included in Stock Awards represent the aggregate grant date fair value of all awards computed in accordance with FASB ASC Topic 718 granted during the year. These amounts generally relate to the prior year’s performance and are subject to forfeiture over the succeeding five years. | $623,675 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Christopher J. Murphy III | Chairman of the Board, President and Chief Executive Officer, 1st Source Corporation and Chairman of the Board, 1st Source Bank | $2,010,211 |
| Andrea G. Short | Executive Vice President, 1st Source Corporation and President and Chief Executive Officer, 1st Source Bank | $888,245 |
| John B. Griffith | Executive Vice President, Chief Administrative Officer, General Counsel and Secretary | $759,666 |
| Jeffrey L. Buhr | Executive Vice President and Chief Credit Officer, 1st Source Bank | $677,880 |
| Brett A. Bauer | Senior Vice President, Treasurer and Chief Financial Officer Amounts included in Stock Awards represent the aggregate grant date fair value of all awards computed in accordance with FASB ASC Topic 718 granted during the year. These amounts generally relate to the prior year’s performance and are subject to forfeiture over the succeeding five years. Amounts included in All Other Compensation for the most recent fiscal year are as follows: Company Contributions to Defined Contribution Retirement Plans | $562,561 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Christopher J. Murphy III | Chairman of the Board, President and Chief Executive Officer, 1st Source Corporation and Chairman of the Board, 1st Source Bank | $2,321,326 |
| Andrea G. Short | Executive Vice President, 1st Source Corporation and President and Chief Executive Officer, 1st Source Bank | $1,196,534 |
| John B. Griffith | Executive Vice President, Chief Administrative Officer, General Counsel and Secretary | $775,337 |
| Jeffrey L. Buhr | Executive Vice President and Chief Credit Officer, 1st Source Bank | $696,742 |
| James R. Seitz | Vice Chairman of the Board 1st Source Bank | $614,188 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Christopher J. Murphy III | Chairman of the Board, President and Chief Executive Officer | $1,769,152 |
| James R. Seitz | Vice Chairman of the Board 1st Source Bank | $736,787 |
| Andrea G. Short | President, 1st Source Bank | $645,610 |
| John B. Griffith | Executive Vice President, Chief Administrative Officer, General Counsel and Secretary | $637,764 |
| Jeffrey L. Buhr | Executive Vice President and Chief Credit Officer, 1st Source Bank | $571,601 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Christopher J. Murphy III | Chairman of the Board, President and Chief Executive Officer | $1,669,813 |
| James R. Seitz | Vice Chairman of the Board 1st Source Bank | $721,442 |
| Andrea G. Short | Executive Vice President, Treasurer and Chief Financial Officer | $633,701 |
| John B. Griffith | Executive Vice President, Chief Administrative Officer, General Counsel and Secretary | $619,281 |
| Jeffrey L. Buhr | Executive Vice President and Chief Credit Officer, 1st Source Bank 2020 totals are more than year-end base salary as they include 27 pay periods instead of the normal 26. Amounts included in Stock Awards represent the aggregate grant date fair value of all awards computed in accordance with FASB ASC Topic 718 granted during the year. These amounts generally relate to the prior year’s performance and are subject to forfeiture over the succeeding five years. The 2020 amounts also include the stock awards included in the 2019 long-term EIP plan awards. The 2019 amounts include 10 shares of stock awarded in early 2019 to all employees who were employed by the Company on December 31, 2017, and remained employed with the Company through December 31, 2018. Amounts included in All Other Compensation for the most recent fiscal year are as follows: Company Contributions to Defined Contribution Retirement Plans | $537,263 |
Fiscal 2017
| Executive | Role | Total |
|---|---|---|
| Christopher J. Murphy III | Chairman of the Board and Chief Executive Officer | $1,855,632 |
| James R. Seitz | President | $735,006 |
| John B. Griffith | Executive Vice President, Chief Administrative Officer, General Counsel and Secretary | $656,970 |
| Andrea G. Short | Executive Vice President, Treasurer and Chief Financial Officer | $629,652 |
| Jeffrey L. Buhr | Executive Vice President and Chief Credit Officer, 1st Source Bank Amounts included in Stock Awards represent the aggregate grant date fair value of all awards computed in accordance with FASB ASC Topic 718 granted during the year. These amounts generally relate to the prior year’s performance and are subject to forfeiture over the succeeding five years. The 2017 amounts also include the stock awards included in the 2016 long-term EIP plan awards. The 2019 amounts also include 10 shares of stock awarded in early 2019 to all employees who were employed by the Company on December 31, 2017, and remained employed with the Company through December 31, 2018. | $563,357 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Todd F. Schurz | Director | Appointed | 2026-04-24 |
| Andrea G. Short | Director | Appointed | 2026-04-24 |
| Timothy K. Ozark | Director | Appointed | 2026-04-24 |
| Christopher J. Murphy III | Director | Appointed | 2026-04-24 |
| John B. Griffith | Executive Vice President and Chief Risk Officer | Retired | 2025-10-24 |
| Andrea G. Short | Chief Executive Officer | Appointed | 2025-07-29 |
| Kevin C. Murphy | President of the Bank | Appointed | 2025-07-29 |
| Christopher J. Murphy III | Executive Chairman | Appointed | 2025-07-29 |
Key facts
CIK
34782
CUSIP
336901103
13F (30d)
116 filings
116 filers
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