ITEM 8.01 Other Events

On December 8, 2008, 1st Source Corporation filed a Form 8-K and issued a press release announcing that it had received preliminary approval from the U.S. Treasury Department ("the Treasury") of its application to participate in the Treasury's Capital Purchase Program and it was continuing to evaluate whether or not it would participate. On December 22, 2008, 1st Source Corporation's Board of Directors voted to accept management's recommendation to participate in the Treasury's Capital Purchase Program and gave management the authority to negotiate and sign the final documents. It is estimated the funding would be received by 1st Source in January 2009.