NASDAQ : ISTR
Investar Holding Corporation — Financial statements
Financials · Banks - Regional · United States
Last price 27.59 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 379.45M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 176.40M | 126.73M | 128.50M | 117.89M | 93.37M | 90.23M |
| Interest Income on Investments | 20.45M | 17.28M | 15.37M | 15.31M | 11.20M | 5.31M |
| Total Interest Income | 196.85M | 144.02M | 143.87M | 133.20M | 104.57M | 95.54M |
| Interest Paid on Deposits | 67.85M | 57.87M | 61.51M | 42.07M | 6.25M | 7.49M |
| Interest Paid on Borrowings | 7.50M | 5.38M | 12.60M | 16.61M | 8.53M | 4.24M |
| Total Interest Expense | 75.35M | 63.24M | 74.11M | 58.68M | 14.78M | 11.73M |
| Net Interest Income | 121.50M | 80.77M | 69.75M | 74.52M | 89.78M | 83.81M |
| Gain (Loss) on Sale of Assets | -8.00K | 427.00K | -1.32M | -258.00K | -408.00K | |
| Gain (Loss) on Sale of Investments | 373.00K | 279.00K | -340.00K | -388.00K | -84.00K | 2.54M |
| Other Non-Interest Income | 7.08M | 5.61M | 5.97M | 5.20M | 14.17M | 7.30M |
| Total Non-Interest Income | 10.97M | 9.16M | 9.98M | 6.54M | 16.97M | 12.04M |
| Revenues Before Loan Losses | 132.47M | 89.94M | 79.74M | 81.06M | 106.75M | 95.86M |
| Provision for Loan Losses | -2.04M | -3.39M | -3.48M | -2.00M | 2.92M | 22.89M |
| Revenue | 134.51M | 93.33M | 83.22M | 83.06M | 103.83M | 72.97M |
| Salaries and Employee Benefits | 48.68M | 38.25M | 36.66M | 35.16M | 32.87M | 33.79M |
| Occupancy Expenses | 4.66M | 2.79M | 3.10M | 3.78M | 4.43M | 4.99M |
| Selling, General & Administrative | 13.10M | 10.61M | 10.31M | 10.70M | 10.66M | 9.47M |
| Other Non-Interest Expense | 15.12M | 13.06M | 13.26M | 13.00M | 12.68M | 12.37M |
| Total Non-Interest Expense | 81.56M | 64.70M | 63.32M | 62.63M | 60.64M | 60.61M |
| EBT Excluding Unusual Items | 52.96M | 28.62M | 19.89M | 20.43M | 43.19M | 12.36M |
| Legal Settlements | 1.12M | |||||
| Other Unusual Items | -43.00K | 292.00K | -222.00K | |||
| Pretax Income | 48.00M | 27.89M | 24.41M | 20.43M | 44.35M | 9.91M |
| Income Tax Expense | 8.91M | 4.98M | 4.15M | 3.75M | 8.64M | 1.91M |
| Net Income | 39.09M | 22.90M | 20.25M | 16.68M | 35.71M | 8.00M |
| Preferred Dividends & Other Adjustments | 2.11M | 1.06M | -1.00K | 33.00K | 21.00K | |
| Net Income to Common | 36.98M | 21.85M | 20.25M | 16.68M | 35.68M | 7.98M |
| Basic Shares Outstanding | 12.78M | 9.83M | 9.81M | 9.84M | 10.09M | 10.42M |
| Diluted Shares Outstanding | 14.60M | 10.78M | 9.94M | 9.84M | 10.18M | 10.50M |
| EPS (Basic) | 2.89 | 2.22 | 2.06 | 1.70 | 3.54 | 0.77 |
| EPS (Diluted) | 2.68 | 2.13 | 2.04 | 1.69 | 3.50 | 0.76 |
| Dividend Per Share | 0.46 | 0.43 | 0.41 | 0.40 | 0.36 | 0.31 |
| Effective Tax Rate | 18.56% | 17.87% | 17.02% | 18.36% | 19.48% | 19.27% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 57.13M | 41.51M | 27.92M | 32.01M | 40.26M | 97.04M |
| Investment Securities | 75.02M | 129.92M | 122.61M | 99.26M | 113.72M | 107.03M |
| Trading Asset Securities | 11.66M | 17.20M | 17.32M | 2.60M | ||
| Mortgage-Backed Securities | 412.64M | 312.77M | 274.10M | 301.12M | 329.81M | 277.33M |
| Total Investments | 487.66M | 454.35M | 413.90M | 417.71M | 443.53M | 386.97M |
| Gross Loans | 3.07B | 2.18B | 2.13B | 2.21B | 2.11B | 1.87B |
| Allowance for Loan Losses | -36.11M | -26.35M | -26.72M | -30.54M | -24.36M | -20.86M |
| Other Adjustments to Gross Loans | -1.60M | -1.00M | -1.10M | -1.30M | -1.80M | |
| Net Loans | 3.03B | 2.15B | 2.10B | 2.18B | 2.08B | 1.85B |
| Property, Plant & Equipment | 57.38M | 39.53M | 40.70M | 44.18M | 49.59M | 58.08M |
| Goodwill | 60.63M | 40.09M | 40.09M | 40.09M | 40.09M | 40.09M |
| Other Intangible Assets | 12.83M | 1.10M | 1.61M | 2.23M | 3.06M | 3.95M |
| Loans Held for Sale | 620.00K | |||||
| Accrued Interest Receivable | 19.34M | 14.29M | 14.42M | 14.37M | 12.75M | 11.36M |
| Long-Term Deferred Tax Assets | 19.55M | 14.05M | 17.12M | 16.91M | 16.44M | 2.24M |
| Other Real Estate Owned & Foreclosed | 4.03M | 3.37M | 5.22M | 4.44M | 682.00K | 2.65M |
| Other Long-Term Assets | 117.56M | 75.14M | 63.47M | 63.14M | 67.02M | 59.06M |
| Total Assets | 3.87B | 2.83B | 2.72B | 2.82B | 2.75B | 2.51B |
| Interest Bearing Deposits | 2.54B | 1.74B | 1.72B | 1.63B | 1.35B | 1.24B |
| Institutional Deposits | 166.80M | 192.10M | 178.10M | 155.80M | 295.63M | |
| Non-Interest Bearing Deposits | 639.19M | 445.99M | 432.14M | 448.75M | 580.74M | 585.47M |
| Total Deposits | 3.18B | 2.35B | 2.35B | 2.26B | 2.08B | 2.12B |
| Short-Term Borrowings | 10.44M | 22.84M | 25.57M | 238.46M | 333.50M | 5.78M |
| Current Portion of Long-Term Debt | 96.00M | 7.21M | 23.50M | |||
| Current Portion of Leases | 459.00K | |||||
| Current Income Taxes Payable | 37.40M | 9.52M | 9.61M | 9.95M | 7.42M | 9.68M |
| Long-Term Debt | 16.77M | 16.74M | 16.70M | 44.32M | 44.23M | 42.99M |
| Federal Home Loan Bank Debt, Long-Term | 184.50M | 20.00M | 60.00M | 53.50M | 78.50M | |
| Long-Term Leases | 1.44M | 2.10M | 2.20M | 2.90M | ||
| Trust Preferred Securities | 22.97M | 8.83M | 8.73M | 8.63M | 8.52M | 8.38M |
| Other Long-Term Liabilities | 5.90M | 5.64M | 5.60M | 5.60M | 5.00M | |
| Total Liabilities | 3.45B | 2.53B | 2.48B | 2.59B | 2.54B | 2.27B |
| Preferred Stock, Convertible | 30.35M | 30.35M | ||||
| Common Stock | 13.75M | 9.80M | 9.83M | 9.75M | 9.90M | 10.34M |
| Retained Earnings | 177.26M | 150.51M | 132.94M | 116.71M | 108.21M | 76.16M |
| Comprehensive Income & Other | 192.60M | 110.41M | 98.53M | 100.31M | 97.67M | 156.09M |
| Total Common Equity | 383.62M | 270.72M | 241.30M | 226.77M | 215.78M | 242.60M |
| Shareholders' Equity | 413.97M | 301.07M | 241.30M | 226.77M | 215.78M | 242.60M |
| Total Liabilities & Equity | 3.87B | 2.83B | 2.72B | 2.82B | 2.75B | 2.51B |
| Total Debt | 234.68M | 166.31M | 120.32M | 317.11M | 442.64M | 135.66M |
| Net Cash (Debt) | -177.55M | -113.15M | -75.20M | -267.77M | -402.38M | -36.02M |
| Net Cash Per Share | -12.16 | -10.50 | -7.57 | -27.21 | -39.52 | -3.43 |
| Filing Date Shares Outstanding | 13.75M | 13.75M | 9.83M | 9.78M | 9.91M | 10.31M |
| Total Common Shares Outstanding | 13.75M | 9.80M | 9.83M | 9.75M | 9.90M | 10.34M |
| Book Value Per Share | 27.89 | 27.63 | 24.55 | 23.26 | 21.79 | 23.45 |
| Tangible Book Value | 310.15M | 229.54M | 199.60M | 184.45M | 172.63M | 198.56M |
| Tangible Book Value Per Share | 22.55 | 23.42 | 20.31 | 18.92 | 17.43 | 19.20 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 22.90M | 20.25M | 16.68M | 35.71M | 8.00M | |
| Depreciation & Amortization | 2.79M | 3.10M | 3.78M | 4.43M | 4.99M | |
| Other Amortization | 42.00K | 83.00K | 95.00K | 66.00K | 92.00K | |
| Gain (Loss) on Sale of Assets | -21.00K | -1.11M | 1.44M | 249.00K | 413.00K | |
| Gain (Loss) on Sale of Investments | -952.00K | 278.00K | 326.00K | 1.06M | 949.00K | |
| Total Asset Writedown | 493.00K | 201.00K | -274.00K | -95.00K | -1.56M | |
| Provision for Credit Losses | -3.39M | -3.48M | -2.00M | 2.92M | 22.89M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 657.00K | -421.00K | ||||
| Accrued Interest Receivable | 135.00K | -57.00K | -518.00K | -1.39M | 2.45M | |
| Change in Income Taxes | -1.15M | -954.00K | 1.45M | 695.00K | -1.04M | |
| Change in Other Net Operating Assets | -2.01M | 376.00K | 5.77M | -1.73M | -3.09M | |
| Other Operating Activities | -2.61M | -4.71M | -2.41M | -1.89M | -1.73M | |
| Operating Cash Flow | 18.22M | 15.93M | 26.25M | 42.75M | 33.48M | |
| Capital Expenditures | -1.38M | -506.00K | -1.07M | -1.06M | -3.32M | |
| Sale of Property, Plant and Equipment | 1.34M | 42.00K | 4.69M | 194.00K | ||
| Cash Acquisitions | 8.11M | |||||
| Investment in Securities | -29.24M | -397.00K | 48.22M | -130.64M | -30.96M | |
| Divestitures | -596.00K | |||||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -49.53M | 83.28M | -121.84M | -225.09M | 86.97M | |
| Other Investing Activities | -6.88M | 4.27M | 274.00K | 1.10M | -7.60M | |
| Investing Cash Flow | -83.91M | 90.06M | -73.49M | -350.99M | 53.40M | |
| Short-Term Debt Issued | 31.59M | 7.21M | 221.13M | 333.50M | 130.00K | |
| Long-Term Debt Issued | 20.00M | 60.00M | 19.55M | |||
| Total Debt Issued | 51.59M | 67.22M | 221.13M | 353.05M | 130.00K | |
| Short-Term Debt Repaid | -212.76M | -333.50M | -5.78M | -42.00M | ||
| Long-Term Debt Repaid | -50.89M | -30.00M | -43.60M | |||
| Total Debt Repaid | -263.64M | -363.50M | -49.38M | -42.00M | ||
| Net Debt Issued (Repaid) | 51.59M | -196.43M | -142.37M | 303.67M | -41.87M | |
| Issuance of Common Stock | 63.00K | 337.00K | 105.00K | 133.00K | 732.00K | |
| Repurchase of Common Stock | -2.29M | -305.00K | -3.03M | -10.54M | -6.92M | |
| Preferred Stock Issued | 30.35M | |||||
| Common Dividends Paid | -4.23M | -3.97M | -3.84M | -3.55M | -3.09M | |
| Preferred Dividends Paid | -528.00K | |||||
| Total Dividends Paid | -4.75M | -3.97M | -3.84M | -3.55M | -3.09M | |
| Net Increase (Decrease) in Deposit Accounts | 4.31M | 90.29M | 188.12M | -38.25M | 25.95M | |
| Financing Cash Flow | 79.27M | -110.08M | 38.99M | 251.46M | -25.21M | |
| Net Cash Flow | 13.58M | -4.09M | -8.25M | -56.78M | 61.67M | |
| Free Cash Flow | 16.83M | 15.42M | 25.18M | 41.69M | 30.16M | |
| Free Cash Flow Margin | 18.04% | 18.53% | 30.31% | 40.15% | 41.34% | |
| Free Cash Flow Per Share | 1.56 | 1.55 | 2.56 | 4.09 | 2.87 | |
| Cash Interest Paid | 63.12M | 74.46M | 56.77M | 14.41M | 11.82M | |
| Cash Income Tax Paid | 5.89M | 3.10M | 2.90M | 8.89M | 4.21M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 388.25M | 261.83M | 215.83M | 145.42M | 212.95M | 190.42M |
| Last Close Price | 27.59 | 26.39 | 21.26 | 14.11 | 19.75 | 16.59 |
| PE Ratio | 10.54 | 11.98 | 10.66 | 8.72 | 5.97 | 23.87 |
| PS Ratio | 2.88 | 2.81 | 2.59 | 1.75 | 2.05 | 2.61 |
| PB Ratio | 0.99 | 0.87 | 0.89 | 0.64 | 0.99 | 0.79 |
| P/FCF Ratio | 15.64 | 15.55 | 14.00 | 5.78 | 5.11 | 6.31 |
| P/OCF Ratio | 14.39 | 14.37 | 13.55 | 5.54 | 4.98 | 5.69 |
| Debt / Equity Ratio | 0.57 | 0.55 | 0.50 | 1.40 | 2.05 | 0.56 |
| Debt / FCF Ratio | 9.88 | 7.80 | 12.60 | 10.62 | 4.50 | |
| Net Debt / Equity Ratio | 0.43 | 0.38 | 0.31 | 1.18 | 1.86 | 0.15 |
| Net Debt / FCF Ratio | 6.72 | 4.88 | 10.64 | 9.65 | 1.19 | |
| Return on Equity (ROE) | 11.02% | 8.45% | 8.65% | 7.54% | 15.58% | 3.29% |
| Return on Assets (ROA) | 1.17% | 0.82% | 0.73% | 0.60% | 1.36% | 0.33% |
| Earnings Yield | 9.48% | 8.75% | 9.38% | 11.47% | 16.77% | 4.20% |
| FCF Yield | 6.39% | 6.43% | 7.14% | 17.31% | 19.58% | 15.84% |
| Dividend Yield | 1.70% | 1.63% | 1.87% | 2.65% | 1.70% | 1.68% |
| Payout Ratio | 17.93% | 20.76% | 19.61% | 23.05% | 9.95% | 38.62% |
| Buyback Yield / Dilution | -40.85% | -8.46% | -0.96% | 3.33% | 3.04% | 3.36% |
| Total Shareholder Return | -39.15% | -6.83% | 0.91% | 5.98% | 4.74% | 5.05% |