Velarion · Company Intelligence
CompBrief
Fiscal year 2025

Andrea Short — FY2025 total compensation $2,190,564

Andrea Short is President and Chief Executive Officer, 1st Source Corporation and Chief Executive Officer, 1st Source Bank of 1st Source Corp (SRCE). The company reported total compensation of $2,190,564 for fiscal year 2025.

01

Fiscal year 2025 compensation

Salary$526,346
Bonus$0
Stock awards$1,054,977
Option awards$0
Non-equity incentive plan$476,150
Pension and non-qualified deferred compensation$0
All other compensation$133,091
Total$2,190,564

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure 1st Source Corp filed March 13, 2026, accession 0000034782-26-000021.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2025President and Chief Executive Officer, 1st Source Corporation and Chief Executive Officer, 1st Source Bank$526,346$0$1,054,977$0$476,150$0$133,091$2,190,564
FY2024President, 1st Source Corporation and President and Chief Executive Officer, 1st Source Bank$498,461$0$116,357$0$310,100$0$133,639$1,058,557
FY2023President and Chief Executive Officer, 1st Source Corporation and Chief Executive Officer, 1st Source Bank$465,392$378,734$282,650$131,178$1,257,954

Totals as disclosed in each year's own compensation disclosure for 1st Source Corp.

03

Peer context

Peer-group chief executive median$3,553,145
Difference from that median$-1,362,580
Percentile within the disclosed peer group31st
Peers with a disclosed figure16

Medians and percentiles are computed across the peer group 1st Source Corp discloses in its own compensation disclosure.

04

The other named executive officers of 1st Source Corp

Named executive officerRoleFY2025 total
Christopher Murphy IIIExecutive Chairman, 1st Source Corporation and 1st Source Bank$3,048,597
Andrea Short this pagePresident and Chief Executive Officer, 1st Source Corporation and Chief Executive Officer, 1st Source Bank$2,190,564
Kevin MurphyExecutive Vice President, 1st Source Corporation and President, 1st Source Bank$1,681,866
Brett BauerExecutive Vice President, Treasurer and Chief Financial Officer, 1st Source Corporation and 1st Source Bank$1,127,045
Jeffrey BuhrExecutive Vice President and Chief Credit Officer, 1st Source Bank$952,733

The company's named executive officers for fiscal year 2025, and what it reported for each. See the full 1st Source Corp compensation brief.

05

The company page

Andrea Short's compensation sits inside 1st Source Corp's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The 1st Source Corp (SRCE) compensation brief