It's a Girl for Colin Hanks

The actor and wife Samantha Bryant welcomed daughter Olivia Jane on Tuesday

By Julie Jordan

Updated February 03, 2011 12:55 PM

Credit: Brian Zak/Sipa

Baby makes three for Colin Hanks and wife Samantha Bryant.

The couple welcomed daughter Olivia Jane Hanks on Tuesday, Feb. 1 in Los Angeles, PEOPLE has confirmed.

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This is the couple’s first child and is also the first grandchild for Colin’s father, actor Tom Hanks.

“The family is home and everyone’s happy and healthy,” says a source close to the actor.

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Hanks, 33, and Bryant met through mutual friends and were engaged in June 2009 before marrying less than a year later in May 2010.