Investar Holding Corporation reported a total asset increase of $77.8 million, or 2.9%, reaching $2.80 billion as of September 30, 2025, compared to $2.72 billion at the end of 2024. The company’s net income available to common shareholders for the third quarter of 2025 was $5.7 million, or $0.54 per diluted share, slightly up from $5.4 million, or $0.54 per diluted share, in the same quarter of the previous year. For the nine months ending September 30, 2025, net income available to common shareholders was $16.4 million, or $1.62 per diluted share, compared to $14.1 million, or $1.43 per diluted share, for the same period in 2024.

The company experienced a significant increase in net interest income, which rose by 18.5% to $21.2 million for the third quarter of 2025, driven by a $3.1 million decrease in interest expense. For the nine months ended September 30, 2025, net interest income increased by 13.1% to $59.1 million. The net interest margin improved to 3.16% for the third quarter and 3.02% for the nine months, compared to 2.67% and 2.63% in the respective periods of 2024. The provision for credit losses was $0.1 million for the third quarter, reflecting loan growth, while a negative provision of $3.3 million was recorded for the nine months, primarily due to recoveries related to a property insurance settlement.

In terms of operational metrics, total loans increased by $25.4 million, or 1.2%, to $2.15 billion at September 30, 2025. The company’s total deposits also rose by $26.7 million, or 1.1%, to $2.37 billion. Notably, noninterest-bearing deposits increased by 3.3% to $446.4 million. The company’s allowance for credit losses stood at $26.5 million, representing 1.23% of total loans, a decrease from 1.30% at the end of 2024. Nonperforming loans were 0.36% of total loans, an increase from 0.19% at the end of the previous year.

Strategically, Investar completed a private placement of 32,500 shares of Series A Preferred Stock on July 1, 2025, raising approximately $30.4 million in net proceeds. These funds are intended to support the acquisition of Wichita Falls Bancshares, Inc. (WFB), which is expected to close on or about January 1, 2026. The acquisition will expand Investar's footprint in Texas, as WFB operates seven branches in the region. The company remains focused on optimizing its balance sheet and pursuing organic growth alongside strategic acquisitions. Looking ahead, management anticipates continued growth in both loans and deposits, while maintaining a strong capital position and compliance with regulatory requirements.

About Investar Holding Corp

Investar Holding Corporation is a Louisiana-based financial holding company operating through its wholly-owned subsidiary, Investar Bank. It offers a broad range of commercial and retail banking products, including loans to small and medium-sized businesses and individuals, along with deposit services. Serving markets in Louisiana, Texas, and Alabama, it emphasizes community banking, personalized service, and strategic growth through acquisitions and digital initiatives.

This description was generated via AI from an annual report. Updated 8 months ago.

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