Sign in

    Investar Holding Corp (ISTR)

    You might also like

    Investar Holding Corporation (ISTR) is a financial institution that provides comprehensive banking services primarily to individuals, professionals, and small to medium-sized businesses. The company operates mainly in south Louisiana, southeast Texas, and Alabama, offering a range of financial products and services. ISTR generates revenue through interest on loans, securities investments, and fees from various loan and deposit services.

    1. Lending Activities - Provides a substantial portion of revenue through interest on loans, focusing on commercial real estate, commercial and industrial, and residential real estate loans.
      • Commercial Real Estate Loans - Includes multifamily, farmland, and commercial real estate loans, with a significant portion being owner-occupied.
      • Commercial and Industrial Loans - Primarily consists of working capital lines of credit and equipment loans.
      • Residential Real Estate Loans - Offers loans for residential properties.
    2. Deposit Services - Offers a broad range of deposit products and services, including savings, checking, money market accounts, certificates of deposit, and individual retirement accounts, contributing to fee income.
    NamePositionExternal RolesShort Bio

    John J. DAngelo

    ExecutiveBoard

    President and Chief Executive Officer

    John J. D'Angelo has served as the President and Chief Executive Officer of Investar Holding Corporation since 2013 and as President and CEO of Investar Bank since 2006, while also serving on the board since 2013 and as Chair of the Executive Committee.

    View Report →

    John R. Campbell

    Executive

    Executive Vice President and Chief Financial Officer

    John R. Campbell is the Executive Vice President and Chief Financial Officer at ISTR, having joined in January 2023. He brings extensive financial management experience from previous roles at Laitram LLC, Hibernia National Bank, and Ernst & Young LLP.

    Linda M. Crochet

    Executive

    Executive Vice President and Chief Operating Officer

    Linda M. Crochet has served as the Executive Vice President and Chief Operating Officer at Investar Holding Corporation since October 2021. Previously, she was the Greater Baton Rouge Loan Portfolio President starting in January 2019.

    Program DetailsProgram 1
    Approval DateN/A
    End Date/DurationN/A
    Total Additional AmountN/A
    Remaining Authorization460,653 shares (as of 2025-03-31)
    DetailsTo return capital to shareholders and offset dilution from equity compensation programs

    Notable M&A activity and strategic investments in the past 3 years.

    CompanyYearDetails

    Cheaha Financial Group, Inc.

    2021

    Completed Acquisition: Investar Holding Corporation acquired Cheaha Financial Group and its subsidiary, Cheaha Bank, with the transaction closing on April 1, 2021, following an announcement on January 25, 2021, and providing approximately $41.1 million in cash. The deal supports Investar’s strategy to expand its presence in Alabama and grow its franchise—marking its seventh whole-bank acquisition—while also bringing in significant financial metrics including $238 million in total assets and $120 million in net loans.

    Recent press releases and 8-K filings for ISTR.

    Investar Holding Corp Q1 2025 Financial Results & Presentation Overview
    ISTR
    Earnings
    Dividends
    Share Buyback
    • Q1 2025 Results: Reported net income of $6.3 million with diluted EPS of $0.63, reflecting modest sequential improvements .
    • Net interest margin: Achieved 2.87%, up 22 basis points from the previous quarter due to reduced funding costs and balance sheet optimization .
    • Balance sheet optimization: Total loans decreased by $18.5 million to $2.11 billion, supporting consistent, quality earnings .
    • Return on average assets increased to 0.94%, demonstrating tighter expense control and operational efficiency .
    • Share repurchase: Repurchased 34,992 shares as part of its shareholder value initiative .
    • Capital & liquidity management: Strengthened capital levels through organic earnings, disciplined share repurchases, and maintained robust liquidity with $43.5 million in cash .
    Apr 20, 2025, 10:00 PM
    Investar Holding Corp Reports $3.4M Insurance Settlement
    ISTR
    • Investar Holding Corp received a $3.4M property insurance settlement on March 19, 2025, related to an impaired loan from Hurricane Ida.
    • The settlement is expected to add $3.1M to pre-tax net income for the quarter ending March 31, 2025 after deducting an estimated $0.3M in expenses.
    • The company is also marketing two remaining properties with a total cost basis of $1.7M to finalize the resolution of the loan relationship.
    Mar 20, 2025, 12:00 AM