1ST SOURCE CORP — Regulatory Filings 2007

Dec 3, 2007

8-K 1 firstsource_8k1130.htm 11/27/07 ENTRY INTO CREDIT AGREEMENT firstsource_8k1130.htm Licensed to: Barnes & Thornburg Document Created using EDGARizer 4.0.1.0 Copyright 2007 EDGARfilings, Ltd., an IEC company. All rights reserved EDGARfilings.com

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

| Date
of Report (Date of earliest event reported): November 27,
2007 | | |
| --- | --- | --- |
| ● | | |
| 1 st Source Corporation | | |
| (Exact
name of registrant as specified in its charter) | | |
| Indiana | 0-6233 | 35-1068133 |
| (State
or other jurisdiction of incorporation) | (Commission
File No.) | (IRS
Employer Identification No.) |
| 100
North Michigan Street, South Bend, Indiana | | 46601 |
| (Address
of principal executive offices) | | (Zip
Code) |
| 574-235-2000 | | |
| (Registrant’s
telephone number, including area code) | | |
| Not
Applicable | | |
| (Former
name or former address, if changed since last
report) | | |

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions :

| ¨ | Written
communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425) |
| --- | --- |
| ¨ | Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12) |
| ¨ | Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR
240.14d-2(b)) |
| ¨ | Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR
240.13e-4(c)) |

Item 1.01. Entry into a Material Definitive Agreement.

On November 27, 2007, the Corporation entered into a Loan Agreement, effective October 30, 2007, with La Salle Bank National Association providing for borrowings by the Corporation from LaSalle of up to $30 million from time to time, at fixed or variable rates to be determined, for a term of up to three years. Funding under the facility is available for general corporate purposes.

Item 8.01 Other Events.

The Corporation previously reported that it anticipated issuing approximately $33 million of trust preferred securities on or before October 31, 2007. That issuance did not occur because market conditions did not support an issuance consistent with the pricing terms the Corporation had anticipated.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

| | 1st
SOURCE CORPORATION | |
| --- | --- | --- |
| | (Registrant) | |
| Date:
December 3, 2007 | By: | /s/
John B. Griffith |
| | John
B. Griffith | |
| | Senior
Vice President, General Counsel and Secretary | |