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1st Source Corp. here, parent of 1st Source Bank, earned $24.6 million for the first nine months of this year, up 44% over the same period in 2004, as stronger mortgage banking results helped strengthen the company's results.
1st Source noted that the year-earlier results were hampered by the larger provision for loan and lease losses and by impairment charges on mortgage servicing rights and preferred stock from the government-sponsored enterprises.