ISTR on Nasdaq
Investar Holding Corp
American state commercial bank that raised $52.5 million in 2025 (SEC Form D)2
In its 2026 annual report the company says: “Investar Holding Corporation, a Louisiana corporation incorporated in 2009, is a financial holding company headquartered in Baton Rouge, Louisiana that conducts its operations primarily through its wholly-owned subsidiary, Investar Bank, National Association, a national bank chartered by the OCC. Through the Bank, the Company offers a wide range of commercial banking products tailored to meet the needs of individuals, professionals, and small to medium-sized businesses.”5 Its shares trade on Nasdaq under the symbol ISTR.2
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Last updated Oct 21, 2026.
Overview
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- TickerISTR on Nasdaq2
- IndustryState Commercial Banks2
- HeadquartersBaton Rouge, United States2
- Incorporated inLA3
- Business address10500 Coursey Blvd, Third Floor, Baton Rouge, La 708163
- Filer categoryAccelerated filer, Smaller reporting company3
- Legal formCorporation2
- LEI54930001EK2YM28LOJ082
- StatusActive2
- LEI statusIssued and current2
- Registered addressC/O JEFF MARTIN, 10500 COURSEY BOULEVARD, 3RD FLOOR, 70816 Baton Rouge, United States2
- Registered withCorporations Section (Office of the Secretary of State), 40017388D2
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Investar Holding Corporation, a Louisiana corporation incorporated in 2009, is a financial holding company headquartered in Baton Rouge, Louisiana that conducts its operations primarily through its wholly-owned subsidiary, Investar Bank, National Association, a national bank chartered by the OCC. The Bank was originally chartered as a Louisiana commercial bank in 2006 and converted to a national bank in July 2019. Through the Bank, the Company offers a wide range of commercial banking products tailored to meet the needs of individuals, professionals, and small to medium-sized businesses. Our primary areas of operation are south Louisiana, including Baton Rouge, New Orleans, Lafayette, Lake Charles, and their surrounding areas; Texas, including Houston and its surrounding area, and, as of January 1, 2026, north Dallas and Wichita Falls and their surrounding areas; and Alabama, including Y…5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Deposit Account brought in 67% of the revenue Investar Holding Corp broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Deposit Account | $3.1M | $3.2M | $3.3M |
| Credit and Debit Card | $1.7M | $1.6M | $1.6M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs70¢$65.7M
- Income tax5¢$5.0M
- Profit24¢$22.9M
Out of $93.6M in revenue.6
Where each dollar of operating cash went, fiscal 2025
- Dividends paid23¢$4.2M
- Share buybacks13¢$2.3M
- Kept or used elsewhere64¢$11.7M
Out of $18.2M of cash from operations.6
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Interest and fees on loans | $126.7M | $128.5M | $117.9M |
| Taxable | $11.9M | $11.0M | $12.4M |
| Tax-exempt | $2.7M | $1.2M | $693.0K |
| Other interest income | $2.6M | $3.1M | $2.2M |
| Total interest income | $144.0M | $143.9M | $133.2M |
| Interest on deposits | $57.9M | $61.5M | $42.1M |
| Interest on borrowings | $5.4M | $12.6M | $16.6M |
| Total interest expense | $63.2M | $74.1M | $58.7M |
| Net interest income | $80.8M | $69.8M | $74.5M |
| Reversal of credit losses | -$3.4M | -$3.5M | -$2.0M |
| Net interest income after reversal of credit losses | $84.2M | $73.2M | $76.5M |
| Gain (loss) on call or sale of investment securities, net | $18.0K | -$753.0K | -$323.0K |
| (Loss) gain on sale or disposition of fixed assets, net | -$8.0K | $427.0K | -$1.3M |
| Gain (loss) on sale of other real estate owned, net | $29.0K | $683.0K | -$114.0K |
| Gain on sale of loans | $0 | $0 | $75.0K |
| Income from bank owned life insurance | $2.0M | $4.9M | $1.4M |
| Change in the fair value of equity securities | $261.0K | $413.0K | -$65.0K |
| Income from legal settlement | $0 | $1.1M | $0 |
| Other operating income | $2.3M | $2.6M | $2.1M |
| Total noninterest income | $9.5M | $14.2M | $6.5M |
| Income before noninterest expense | $93.6M | $87.4M | $83.1M |
| Depreciation and amortization | $2.8M | $3.1M | $3.8M |
| Salaries and employee benefits | $40.2M | $38.6M | $37.1M |
| Occupancy | $2.7M | $2.6M | $3.0M |
| Data processing | $3.5M | $3.6M | $3.5M |
| Marketing | $429.0K | $370.0K | $302.0K |
| Professional fees | $2.1M | $1.8M | $1.9M |
| Gain on early extinguishment of subordinated debt | $0 | -$292.0K | $0 |
| Acquisition expense | $1.0M | $0 | $0 |
| Other operating expenses | $13.1M | $13.3M | $13.0M |
| Total noninterest expense | $65.7M | $63.0M | $62.6M |
| Income before income tax expense | $27.9M | $24.4M | $20.4M |
| Income tax expense | $5.0M | $4.2M | $3.8M |
| Net income | $22.9M | $20.3M | $16.7M |
| Preferred stock dividends declared | $1.1M | $0 | $0 |
| Net income available to common shareholders | $21.8M | $20.3M | $16.7M |
| Basic earnings per common share (in dollars per share) | $2.22 | $2.06 | $1.69 |
| Diluted earnings per common share (in dollars per share) | $2.13 | $2.04 | $1.69 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and due from banks | $26.6M | $26.6M | ||
| Interest-bearing balances due from other banks | $14.9M | $1.3M | ||
| Cash and cash equivalents | $41.5M | $27.9M | ||
| Available for sale securities at fair value (amortized cost of $416,002 and $392,564, respectively) | $370.6M | $331.1M | ||
| Held to maturity securities at amortized cost (estimated fair value of $50,540 and $42,144, respectively) | $48.2M | $42.7M | ||
| Loans | $2.2B | $2.1B | $2.2B | |
| Less: allowance for credit losses | -$26.3M | -$26.7M | -$30.5M | -$24.4M |
| Loans, net | $2.1B | $2.1B | ||
| Bank premises and equipment, net of accumulated depreciation of $23,836 and $21,853, respectively | $39.5M | $40.7M | ||
| Other real estate owned, net | $3.4M | $5.2M | ||
| Accrued interest receivable | $14.3M | $14.4M | ||
| Deferred tax asset | $14.1M | $17.1M | ||
| Goodwill and other intangible assets, net | $41.2M | $41.7M | ||
| Bank owned life insurance | $69.2M | $59.7M | ||
| Other assets | $21.1M | $24.8M | ||
| Total assets | $2.8B | $2.7B | ||
| Noninterest-bearing | $446.0M | $432.1M | ||
| Interest-bearing | $1.9B | $1.9B | ||
| Total deposits | $2.4B | $2.3B | ||
| Advances from Federal Home Loan Bank | $116.0M | $67.2M | ||
| Repurchase agreements | $11.2M | $8.4M | ||
| Subordinated debt, net of unamortized issuance costs | $16.7M | $16.7M | ||
| Junior subordinated debt | $8.8M | $8.7M | ||
| Accrued taxes and other liabilities | $29.0M | $34.6M | ||
| Total liabilities | $2.5B | $2.5B | ||
| Preferred stock, no par value per share; 5,000,000 shares authorized; 6.5% Series A Non-Cumulative Perpetual Convertible Preferred Stock; 32,500 shares ($1,000 liquidation preference) issued and outstanding at December 31, 2025 and none issued and outstanding at December 31, 2024 | $30.4M | $0 | ||
| Common stock, $1.00 par value per share; 40,000,000 shares authorized; 9,798,948 and 9,828,413 shares issued and outstanding, respectively | $9.8M | $9.8M | ||
| Surplus | $146.1M | $146.9M | ||
| Retained earnings | $150.5M | $132.9M | ||
| Accumulated other comprehensive loss | -$35.7M | -$48.4M | ||
| Total stockholders equity | $301.1M | $241.3M | $226.8M | $215.8M |
| Total liabilities and stockholders equity | $2.8B | $2.7B | ||
| Available for sale, Amortized cost | $416.0M | $392.6M | ||
| Held to maturity securities, fair value | $50.5M | $42.1M | ||
| Bank premises and equipment, accumulated depreciation | $23.8M | $21.9M | ||
| Preferred stock, no par value (in dollars per share) | $0 | $0 | ||
| Preferred stock, shares authorized (in shares) | 5.0M shares | 5.0M shares | ||
| Preferred stock, shares outstanding (in shares) | 32.5K shares | 0 shares | ||
| Preferred stock, shares issued (in shares) | 32.5K shares | 0 shares | ||
| Preferred Stock, Liquidation Preference Per Share (in dollars per share) | $1.0K | |||
| Common stock, par value (in dollars per share) | $1.00 | $1.00 | ||
| Common stock, shares authorized (in shares) | 40.0M shares | 40.0M shares | ||
| Common stock, shares issued (in shares) | 9.8M shares | 9.8M shares | ||
| Common stock, shares outstanding (in shares) | 9.8M shares | 9.8M shares | 9.7M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and due from banks | $26.6M | $26.6M | ||
| Interest-bearing balances due from other banks | $14.9M | $1.3M | ||
| Cash and cash equivalents | $41.5M | $27.9M | ||
| Available for sale securities at fair value (amortized cost of $416,002 and $392,564, respectively) | $370.6M | $331.1M | ||
| Held to maturity securities at amortized cost (estimated fair value of $50,540 and $42,144, respectively) | $48.2M | $42.7M | ||
| Loans | $2.2B | $2.1B | $2.2B | |
| Less: allowance for credit losses | -$26.3M | -$26.7M | -$30.5M | -$24.4M |
| Loans, net | $2.1B | $2.1B | ||
| Bank premises and equipment, net of accumulated depreciation of $23,836 and $21,853, respectively | $39.5M | $40.7M | ||
| Other real estate owned, net | $3.4M | $5.2M | ||
| Accrued interest receivable | $14.3M | $14.4M | ||
| Deferred tax asset | $14.1M | $17.1M | ||
| Goodwill and other intangible assets, net | $41.2M | $41.7M | ||
| Bank owned life insurance | $69.2M | $59.7M | ||
| Other assets | $21.1M | $24.8M | ||
| Total assets | $2.8B | $2.7B | ||
| Noninterest-bearing | $446.0M | $432.1M | ||
| Interest-bearing | $1.9B | $1.9B | ||
| Total deposits | $2.4B | $2.3B | ||
| Advances from Federal Home Loan Bank | $116.0M | $67.2M | ||
| Repurchase agreements | $11.2M | $8.4M | ||
| Subordinated debt, net of unamortized issuance costs | $16.7M | $16.7M | ||
| Junior subordinated debt | $8.8M | $8.7M | ||
| Accrued taxes and other liabilities | $29.0M | $34.6M | ||
| Total liabilities | $2.5B | $2.5B | ||
| Preferred stock, no par value per share; 5,000,000 shares authorized; 6.5% Series A Non-Cumulative Perpetual Convertible Preferred Stock; 32,500 shares ($1,000 liquidation preference) issued and outstanding at December 31, 2025 and none issued and outstanding at December 31, 2024 | $30.4M | $0 | ||
| Common stock, $1.00 par value per share; 40,000,000 shares authorized; 9,798,948 and 9,828,413 shares issued and outstanding, respectively | $9.8M | $9.8M | ||
| Surplus | $146.1M | $146.9M | ||
| Retained earnings | $150.5M | $132.9M | ||
| Accumulated other comprehensive loss | -$35.7M | -$48.4M | ||
| Total stockholders equity | $301.1M | $241.3M | $226.8M | $215.8M |
| Total liabilities and stockholders equity | $2.8B | $2.7B | ||
| Available for sale, Amortized cost | $416.0M | $392.6M | ||
| Held to maturity securities, fair value | $50.5M | $42.1M | ||
| Bank premises and equipment, accumulated depreciation | $23.8M | $21.9M | ||
| Preferred stock, no par value (in dollars per share) | $0 | $0 | ||
| Preferred stock, shares authorized (in shares) | 5.0M shares | 5.0M shares | ||
| Preferred stock, shares outstanding (in shares) | 32.5K shares | 0 shares | ||
| Preferred stock, shares issued (in shares) | 32.5K shares | 0 shares | ||
| Preferred Stock, Liquidation Preference Per Share (in dollars per share) | $1.0K | |||
| Common stock, par value (in dollars per share) | $1.00 | $1.00 | ||
| Common stock, shares authorized (in shares) | 40.0M shares | 40.0M shares | ||
| Common stock, shares issued (in shares) | 9.8M shares | 9.8M shares | ||
| Common stock, shares outstanding (in shares) | 9.8M shares | 9.8M shares | 9.7M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | $22.9M | $20.3M | $16.7M |
| Depreciation and amortization | $2.8M | $3.1M | $3.8M |
| Reversal of credit losses | -$3.4M | -$3.5M | -$2.0M |
| Net amortization (accretion) of purchase accounting adjustments | $59.0K | -$32.0K | -$274.0K |
| Provision for other real estate owned | $434.0K | $233.0K | $0 |
| Net accretion of securities | -$673.0K | -$62.0K | -$62.0K |
| (Gain) loss on call or sale of investment securities, net | -$18.0K | $753.0K | $323.0K |
| Loss (gain) on sale or disposition of fixed assets, net | $8.0K | -$427.0K | $1.3M |
| (Gain) loss on sale of other real estate owned, net | -$29.0K | -$683.0K | $114.0K |
| Gain on sale of loans | $0 | $0 | -$75.0K |
| Gain on early extinguishment of subordinated debt | $0 | -$292.0K | $0 |
| FHLB stock dividend | -$273.0K | -$194.0K | -$642.0K |
| Stock-based compensation | $2.0M | $2.0M | $2.0M |
| Deferred taxes | -$349.0K | $659.0K | -$350.0K |
| Net change in value of BOLI | -$2.0M | -$1.8M | -$1.4M |
| Gain on BOLI death benefit proceeds | $0 | -$3.1M | $0 |
| Amortization of subordinated debt issuance costs | $42.0K | $83.0K | $95.0K |
| Change in the fair value of equity securities | -$261.0K | -$413.0K | $65.0K |
| Accrued interest receivable | $135.0K | -$57.0K | -$518.0K |
| Other assets | -$2.0M | $376.0K | $5.8M |
| Accrued taxes and other liabilities | -$1.1M | -$954.0K | $1.4M |
| Net cash provided by operating activities | $18.2M | $15.9M | $26.2M |
| Proceeds from sales of investment securities available for sale | $0 | $18.0M | $15.0M |
| Purchases of securities available for sale | -$75.0M | -$27.6M | -$107.9M |
| Purchases of securities held to maturity | -$8.3M | -$27.0M | -$14.1M |
| Proceeds from maturities, prepayments and calls of investment securities available for sale | $52.2M | $35.6M | $140.7M |
| Proceeds from maturities, prepayments and calls of investment securities held to maturity | $2.8M | $4.8M | $1.9M |
| Net (increase) decrease in loans | -$49.5M | $83.3M | $42.0M |
| Proceeds from sales of other real estate owned | $3.1M | $2.1M | $1.5M |
| Proceeds from sales of fixed assets | $0 | $1.3M | $42.0K |
| Purchases of loans | $0 | $0 | -$163.8M |
| Purchases of fixed assets | -$1.4M | -$506.0K | -$1.1M |
| Purchases of BOLI | -$7.5M | -$10.0M | $0 |
| Proceeds from surrender of BOLI | $0 | $8.4M | $0 |
| Proceeds from BOLI death benefits | $0 | $5.5M | $0 |
| Purchases of other investments | -$230.0K | -$319.0K | -$617.0K |
| Distributions from investments | $618.0K | $294.0K | $274.0K |
| Cash paid for branch sale to First Community Bank, net of cash received | $0 | $0 | -$596.0K |
| Net cash (used in) provided by investing activities | -$83.9M | $90.1M | -$73.5M |
| Net increase in customer deposits | $4.3M | $90.3M | $188.1M |
| Net increase (decrease) in repurchase agreements | $2.8M | -$257.0K | $8.6M |
| Net increase (decrease) in short-term FHLB advances | $28.8M | $7.2M | -$333.5M |
| Net (decrease) increase in borrowings under the BTFP | $0 | -$212.5M | $212.5M |
| Proceeds from long-term FHLB advances | $20.0M | $60.0M | $0 |
| Repayment of long-term FHLB advances | $0 | -$23.5M | -$30.0M |
| Cash dividends paid on common stock | -$4.2M | -$4.0M | -$3.8M |
| Payments to repurchase common stock | -$2.3M | -$305.0K | -$3.0M |
| Proceeds from stock options exercised | $63.0K | $337.0K | $105.0K |
| Proceeds from preferred stock offering, net of issuance costs | $30.4M | $0 | $0 |
| Cash dividends paid on preferred stock | -$528.0K | $0 | $0 |
| Extinguishment of subordinated debt | $0 | -$27.4M | $0 |
| Net cash provided by (used in) financing activities | $79.3M | -$110.1M | $39.0M |
| Net increase (decrease) in cash and cash equivalents | $13.6M | -$4.1M | -$8.2M |
| Interest on deposits and borrowings | $63.1M | $74.5M | $56.8M |
| Income taxes total | $5.9M | $3.1M | $2.9M |
| Federal | $5.6M | $3.0M | $2.8M |
| State | $259.0K | $111.0K | $71.0K |
| Transfer from loans to other real estate owned | $1.7M | $2.0M | $3.9M |
| Transfer from bank premises and equipment to other real estate owned | $0 | $424.0K | $1.4M |
No quarter-by-quarter statement was filed.
Corporate structure
Investar Holding Corp sits at the top of its group. 13 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Investar Holding Corp
- Fourthstone LLC Filed SCHEDULE 13G/A on Investar Holding Corp, latest Aug 14, 2026 (7 filings since Feb 14, 2022)
- Wellington Management Company Filed SCHEDULE 13G/A on Investar Holding Corp, latest Aug 13, 2026 (3 filings since Aug 5, 2025)
- Bay Pond Partners, L.P. Filed SCHEDULE 13G/A on Investar Holding Corp, latest May 15, 2026 (2 filings since Jul 9, 2025)
- BlackRock Filed SCHEDULE 13G/A on Investar Holding Corp, latest Apr 27, 2026 (4 filings since Oct 21, 2024)
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Investar Holding Corp, latest Mar 27, 2026 (3 filings since Nov 4, 2024)
- BANC FUNDS CO LLC Filed SCHEDULE 13G/A on Investar Holding Corp, latest Feb 17, 2026 (4 filings since Feb 8, 2022)
- EJF Capital LP Filed SC 13G/A on Investar Holding Corp, latest Feb 25, 2022
- MALTESE CAPITAL MANAGEMENT LLC Filed SC 13G/A on Investar Holding Corp, latest Feb 14, 2022
- Investar Holding Corp Baton Rouge, United States
- Investar Bank, National Association Subsidiary · 100% · Baton Rouge, United States
- 114 Dove, LLC Subsidiary · Texas, United States
- Bacon Corporation Subsidiary · Louisiana, United States
- BOJ Bancshares Statutory Trust I Subsidiary · Delaware, United States
- CB Properties, L.L.C. Subsidiary · Louisiana, United States
- Cheaha Statutory Trust I Subsidiary · Delaware, United States
- Chico Statutory Trust I Subsidiary · Texas, United States
- First Community (LA) Statutory Trust I Subsidiary · Delaware, United States
- I Tower Holdings, LLC Subsidiary · Louisiana, United States
- Investar Bank Subsidiary · Louisiana, United States
- Investar CRA, LLC Subsidiary · Louisiana, United States
- Wichita Falls Statutory Trust I Subsidiary · Texas, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Investar Holding Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Accumulated depreciation | $23.8M6 Dec 31, 2025 | $21.9M6 Dec 31, 2024 | +9.1% |
| Property and equipment, net | $39.5M6 Dec 31, 2025 | $40.7M6 Dec 31, 2024 | −2.9% |
| Operating-lease assets (leased space) | $1.8M6 Dec 31, 2025 | $2.0M6 Dec 31, 2024 | −10.0% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Debt securities available for sale | $331.1M10 Dec 31, 2024 | $361.9M10 Dec 31, 2023 | −8.5% |
| Debt securities held to maturity | $42.7M10 Dec 31, 2024 | $20.5M10 Dec 31, 2023 | +108.5% |
| Loans, net of allowance | $2.1B6 Dec 31, 2025 | $2.1B6 Dec 31, 2024 | +2.4% |
| Deposits held (banks) | $2.4B6 Dec 31, 2025 | $2.3B6 Dec 31, 2024 | +0.2% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $40.1M6 Dec 31, 2025 | $40.1M6 Dec 31, 2024 | 0% |
| Trademarks and trade names (indefinite-lived) | $100.0K6 Dec 31, 2025 | $100.0K6 Dec 31, 2024 | 0% |
| Finite-lived intangibles, gross | $7.5M6 Dec 31, 2025 | $7.5M6 Dec 31, 2024 | 0% |
| Accumulated amortization | $6.5M6 Dec 31, 2025 | $6.0M6 Dec 31, 2024 | +8.6% |
| Finite-lived intangibles, net | $996.0K6 Dec 31, 2025 | $1.5M6 Dec 31, 2024 | −34.0% |
Properties, in its own words
Our main office, which serves as our executive and operations center, is located at 10500 Coursey Boulevard in Baton Rouge, Louisiana. In addition, we operate 36 full-service branches. Our 20 branches in Louisiana are located in Ascension (1), East Baton Rouge (3), West Baton Rouge (1), Jefferson (2), Lafayette (2), Livingston (1), Orleans (1), St. Tammany (1), Tangipahoa (1), East Feliciana (2), West Feliciana (1), Evangeline (3) and Calcasieu (1) Parishes. Our ten branches in Texas are located in Galveston (1), Harris, (1), Montgomery (1), Tarrant (1), Wichita (2) and Wise (4) Counties. Our six branches in Alabama are located in Calhoun (3), Sumter (2) and Tuscaloosa (1) Counties. We also have one stand-alone ITM in Morgan City, Louisiana.
We own the building, known as Investar Tower, in which our main office is located, and all of our branch offices, with the exception of two leased branch locations in Louisiana and four leased branch locations in Texas. As lessor, we lease space on the first floor of our main office building to multiple tenants, and we also lease a portion of one of our branch locations. Each of our owned branch facilities is a stand-alone building with on-site parking and drive-up access, the majority of which are equipped with an ATM or ITM. We believe that our facilities are in good condition and are adequate to meet our operating needs for the foreseeable future.
The rest of Item 2
We also own a tract of land in each of the following Louisiana parishes: East Baton Rouge Parish and St. Mary Parish. Each tract of land has been designated as either a future branch or stand-alone ITM location. The timing of the development of these tracts of land is uncertain.
Item 2 of the 10-K filed Mar 16, 2026.5
Leadership
Who has led Investar Holding Corp, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerJohn J. D'Angelo Jun 30, 2014 to now14
- Chief financial officerCorey E. Moore Apr 3, 2026 to now15
- Chief financial officerJohn J. D'Angelo Nov 8, 2022 to Nov 8, 202216
- Chief financial officerChristopher L. Hufft Mar 2, 2016 to Apr 5, 202217
- Chief financial officerRachel P. Cherco Jun 30, 2014 to May 1, 201518
- Chief operating officerRyan P. Finnan Feb 5, 2015 to Jul 2, 201519
Board members and other officers (30)
- Chief Accounting OfficerCorey E. Moore Jan 6, 2023 to now20
- Chief Accounting OfficerCandace J. Leblanc Aug 11, 2021 to Apr 5, 202221
- Chief Operations OfficerLinda M. Crochet Nov 1, 2021 to now22
- Chief Accounting OfficerRachel P. Cherco Mar 2, 2016 to May 10, 202123
- Chief Operations OfficerDane M. Babin Oct 15, 2015 to Apr 28, 202124
- Chief Accounting OfficerChristopher L. Hufft Jun 30, 2014 to Feb 3, 201625
- Chief Operations OfficerRyan P. Finnan Jun 30, 2014 to Apr 3, 202026
- OfficerTravis M. Lavergne Jun 30, 2014 to Apr 5, 202127
- OfficerRandolf F. Kassmeier Jul 1, 2014 to Jul 1, 201428
- Board memberDavid A. Flack Jan 12, 2026 to now29
- Board memberJames F. Dunkerley Jan 12, 2026 to now30
- Board memberScott G. Ginn Sep 27, 2024 to now31
- Board memberAnita M. Fontenot Jun 30, 2023 to Jan 19, 202432
- Board memberJames E. Yegge Jun 30, 2023 to now33
- Board memberJulio A. Melara Jun 30, 2023 to now34
- Board memberRose J. Hudson Nov 22, 2022 to now35
- Board memberAndrew C. Nelson Jun 30, 2014 to now36
- Board memberCarl R. Schneider Jr. Jun 30, 2014 to Jan 2, 201937
- Board memberDavid J. Lukinovich Jun 30, 2014 to Jan 19, 202438
- Board memberFrank L. Walker Jun 30, 2014 to now39
- Board memberGordon H. Joffrion Iii. Jun 30, 2014 to now40
- Board memberJames H. Boyce Iii. Jun 30, 2014 to Jan 20, 202341
- Board memberJohn Emmett Brignac Jr. Jun 30, 2014 to Jan 5, 201642
- Board memberRobert L. Freeman Jun 30, 2014 to Jan 5, 201643
- Board memberRobert M. Boyce Sr. Jun 30, 2014 to Jan 20, 202344
- Board memberSuzanne O. Middleton Jun 30, 2014 to now45
- Board memberThomas C. Besselman Sr. Jun 30, 2014 to Jan 21, 202246
- Board memberWilliam H. Hidalgo Jun 30, 2014 to now47
- Board memberJohn J. D'Angelo Sep 2, 2014 to now48
- General counselRandolf F. Kassmeier Jun 30, 2014 to Apr 3, 202049
Named in SEC Form D filings
People the company listed in its private-offering notices.
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- 114 Dove, LLC Texas4
- BOJ Bancshares Statutory Trust I Delaware4
- Bacon Corporation Louisiana4
- CB Properties, L.L.C. Louisiana4
- Cheaha Statutory Trust I Delaware4
- Chico Statutory Trust I Texas4
- First Community (LA) Statutory Trust I Delaware4
- I Tower Holdings, LLC Louisiana4
- Investar Bank Louisiana4
- Investar CRA, LLC Louisiana4
- Wichita Falls Statutory Trust I Texas4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Sep 9, 20268-K Other events52
- Jul 20, 20268-K Results of operations; Executive or director change53
- Jun 22, 20268-K Change of auditor54
- May 22, 20268-K Executive or director change; Shareholder vote55
- Apr 20, 20268-K Results of operations56
- Mar 30, 20268-K Financial statements and exhibits57
- Mar 18, 20268-K Financial statements and exhibits58
- Jan 22, 20268-K Results of operations59
- Jan 6, 20268-K Completed an acquisition or sale; New debt or obligation; Executive or director change60
- Nov 14, 20258-K Financial statements and exhibits61
- Nov 3, 20258-K Executive or director change; Other events62
- Nov 3, 20258-K Change of auditor63
- Jun 30, 2014New chief executive John J. D'Angelo becomes CEO14
- Sep 25, 2009Founded Investar Holding Corp is founded2
Calendar
When it reported results
- Jul 20, 2026Reported quarterly or annual results53
- Apr 20, 2026Reported quarterly or annual results56
- Jan 22, 2026Reported quarterly or annual results59
- Oct 20, 2025Reported quarterly or annual results64
- Jul 21, 2025Reported quarterly or annual results65
- Apr 21, 2025Reported quarterly or annual results66
- Jan 24, 2025Reported quarterly or annual results67
- Oct 21, 2024Reported quarterly or annual results68
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
327 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 58 major events, 176 insider forms, 25 large holders, 2 private raises, 46 other. The latest 20:
- Sep 9, 20268-K EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Aug 6, 202610-Q EDGAR
- Aug 4, 20264 EDGAR
- Jul 20, 20268-K EDGAR
- Jun 22, 20268-K EDGAR
- Jun 22, 202611-K EDGAR
- Jun 3, 2026S-8 EDGAR
- May 22, 20268-K EDGAR
- May 15, 2026SCHEDULE 13G/A EDGAR
- May 15, 2026SCHEDULE 13G/A EDGAR
- May 15, 2026SCHEDULE 13G/A EDGAR
- May 8, 202610-Q EDGAR
- Apr 27, 2026SCHEDULE 13G/A EDGAR
- Apr 27, 20264 EDGAR
- Apr 20, 20268-K EDGAR
- Apr 8, 2026DEFA14A EDGAR
- Apr 8, 2026DEF 14A EDGAR
- Apr 8, 2026ARS EDGAR
The 327 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
43 open-market trades by officers, directors and large owners since October 2021: 36 buys and 7 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Apr 23, 2026 | Jordan Robert ChrisDirector | Buy | 2,000 | $27.36 | $54.7K | Form 4 |
| Mar 12, 2026 | Jordan Robert ChrisDirector | Buy | 1,550 | $26.85 | $41.6K | Form 4 |
| Jan 27, 2026 | D'Angelo John JChief Executive Officer | Sale | 26,163 | $28.01 | $732.8K | Form 4 |
| Nov 22, 2024 | Ginn Scott GDirector | Buy | 8,475 | $23.68 | $200.7K | Form 4 |
| Jun 7, 2024 | D'Angelo John JChief Executive Officer | Sale | 650 | $15.41 | $10.0K | Form 4 |
| Nov 14, 2023 | D'Angelo John JChief Executive Officer | Buy | 300 | $10.45 | $3.1K | Form 4 |
| Nov 8, 2023 | D'Angelo John JChief Executive Officer | Buy | 750 | $9.26 | $6.9K | Form 4 |
| Nov 1, 2023 | Nelson Andrew CDirector | Buy | 3,000 | $9.87 | $29.6K | Form 4 |
| Oct 31, 2023 | D'Angelo John JChief Executive Officer | Buy | 307 | $9.25 | $2.8K | Form 4 |
| Oct 24, 2023 | Crochet Linda MChief Operations Officer | Buy | 3,000 | $9.70 | $29.1K | Form 4 |
| Jun 8, 2023 | Hudson Rose JDirector | Buy | 400 | $12.70 | $5.1K | Form 4 |
| Jun 2, 2023 | HIDALGO WILLIAM HDirector | Buy | 10,000 | $11.42 | $114.2K | Form 4 |
| May 3, 2023 | Nelson Andrew CDirector | Buy | 2,000 | $12.39 | $24.8K | Form 4 |
| May 2, 2023 | D'Angelo John JChief Executive Officer | Buy | 550 | $12.46 | $6.9K | Form 4 |
| Apr 27, 2023 | D'Angelo John JChief Executive Officer | Buy | 200 | $12.98 | $2.6K | Form 4 |
| Apr 25, 2023 | D'Angelo John JChief Executive Officer | Buy | 100 | $12.90 | $1.3K | Form 4 |
| Apr 25, 2023 | Campbell John RChief Financial Officer | Buy | 1,865 | $13.37 | $24.9K | Form 4 |
| Mar 15, 2023 | D'Angelo John JChief Executive Officer | Buy | 475 | $15.73 | $7.5K | Form 4 |
| Mar 15, 2023 | Nelson Andrew CDirector | Buy | 3,000 | $15.77 | $47.3K | Form 4 |
| Mar 14, 2023 | D'Angelo John JChief Executive Officer | Buy | 325 | $16.75 | $5.4K | Form 4 |
All 43 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Fourthstone LLCSCHEDULE 13G/A, 7 filings Feb 14, 2022 to Aug 14, 202669
- Wellington Management CompanySCHEDULE 13G/A, 3 filings Aug 5, 2025 to Aug 13, 202670
- Bay Pond Partners, L.P.SCHEDULE 13G/A, 2 filings Jul 9, 2025 to May 15, 202671
- BlackRockSCHEDULE 13G/A, 4 filings Oct 21, 2024 to Apr 27, 202672
- VANGUARD GROUP INCSCHEDULE 13G/A, 3 filings Nov 4, 2024 to Mar 27, 202673
- BANC FUNDS CO LLCSCHEDULE 13G/A, 4 filings Feb 8, 2022 to Feb 17, 202674
- EJF Capital LPSC 13G/A, 1 filing Feb 25, 202275
- MALTESE CAPITAL MANAGEMENT LLCSC 13G/A, 1 filing Feb 14, 202276
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | John J. D’Angelo | 66 | $647.7K | $1.5M77 |
| 2025 | John R. Campbell | 60 | $342.0K | $675.5K77 |
| 2025 | Linda M. Crochet | 63 | $239.5K | $410.9K77 |
| 2024 | President and Chief Executive Officer | $618.6K | $1.3M77 | |
| 2024 | Executive VicePresident and Chief Financial Officer | $316.6K | $582.9K77 |
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- Private raises (Form D) $52.5M
Figures by year
| Year | Private raises (Form D) | Total |
|---|---|---|
| 2025 | $32.5M | $32.5M |
| 2022 | $20.0M | $20.0M |
Private raises
Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Investar Holding Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARInvestar Holding Corp1
- CIK0001602658
- Employer ID (EIN)27-15607155
- Filer statusAccelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
- Incorporated inLouisiana5
- Fiscal year endsDecember 311
- Industry code (SIC)6022 State Commercial Banks1
- SEC reviewing officeOffice of Finance, Division of Corporation Finance1
- Business address10500 Coursey Blvd, Third Floor, Baton Rouge, LA 708161
- Phone225-227-22221
- Shares outstanding13,777,026 as of Aug 4, 202612
- Public float$177.3M as of Jun 30, 20255
- AuditorBDO USA, P.C., Baton Rouge, Louisiana PCAOB ID 243; it also attests to the company’s internal control over financial reporting5
- On EDGAR sinceMar 14, 20141
- Filings974 in all: 4 (475), 8-K (160), 10-Q (37), 3 (34), 5 (31), SC 13G/A (29), 4/A (28), CORRESP (15)1
All 43 form types
SC 13G (14), 10-K (12), DEF 14A (12), UPLOAD (12), 11-K (11), 3/A (10), EFFECT (10), DEFA14A (9), SCHEDULE 13G/A (9), 8-K/A (6), 425 (5), FWP (5), S-3 (5), S-8 (5), ARS (4), D (4), S-4 (4), S-4/A (4), 424B3 (3), 424B5 (3), SCHEDULE 13G (3), S-1/A (2), 144 (1), 305B2 (1), 424B4 (1), 424B8 (1), 5/A (1), 8-A12B (1), CERTNAS (1), DRS (1), DRSLTR (1), S-1 (1), S-3/A (1), S-3MEF (1), S-4 POS (1)
- Latest filingsAnnual report (10-K) Mar 16, 2026
Quarterly report (10-Q) Aug 6, 2026
Proxy statement (DEF 14A) Apr 8, 2026
Latest 8-K (8-K) Sep 9, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common stock, $1.00 par value per share | ISTR | Nasdaq |
From the cover page of the 10-K filed Mar 16, 2026 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks Investar Holding Corp names in Item 1A of its 10-K filed Mar 16, 2026: 38 risks under these headings, as written.5
- Risks Related to our Business
- As a business operating in the financial services industry, our business and operations may be adversely affected by prevailing economic conditions and geopolitical matters.
- Changes in interest rates could have an adverse effect on our profitability.
- A lack of liquidity, including due to events outside our control or ineffective liquidity management, could adversely affect our ability to fund operations and meet our obligations as they become due.
- Inflation and rising prices may continue to adversely affect our results of operations and financial condition.
- Our allowance for credit losses may prove to be insufficient to absorb losses inherent in our loan portfolio, and we may be required to further increase our provision for credit losses. If our actual credit losses exceed our allowance for credit losses, our net income will decrease.
- Our business strategy includes both organic growth and the continuation of our multi-state growth plans, and our financial condition and results of operations could be negatively affected if we fail to grow or fail to manage our growth effectively.
- The merger with WFB and the integration of the businesses may be more difficult, costly or time-consuming than expected, and we may fail to realize the anticipated benefits of the merger.
- Changes in retail distribution strategies and consumer behavior may adversely impact our business, financial condition and results of operations.
- Our business is concentrated in southern Louisiana, Texas, and Alabama, and an economic downturn affecting these areas may magnify the adverse effects and consequences to us.
- Adverse economic factors affecting particular industries could have a negative effect on our customers and their ability to make payments to us.
- We have a significant number of loans secured by real estate, and a downturn in the real estate market could result in losses and negatively impact our profitability.
The other 27 risks
- Commercial real estate loans may expose us to greater risks than our other real estate loans.
- Commercial and industrial loans may expose us to greater risk than other loans.
- Changes in deposit mix have increased our funding costs, which could continue, and loss of deposits could also increase our funding costs.
- Loss of our senior executive officers or other key employees and our inability to recruit or retain suitable replacements could adversely affect our business, results of operations and ability to successfully execute our business strategy.
- Hurricanes or other adverse weather conditions, as well as man-made disasters, could negatively affect our local markets or disrupt our operations, which may adversely affect our business and results of operations.
- Our failure to effectively implement new technologies including artificial intelligence could adversely affect our operations and financial condition.
- We rely on information technology and telecommunications systems, many of which are provided by third-party vendors.
- Cyberattacks or other security breaches could adversely affect our operations, net income or reputation.
- We may need to raise additional capital in the future to execute our long-term business strategy or to comply with regulatory requirements.
- Competition in our industry is intense, which could adversely affect our profitability and long-term growth.
- The value of the securities in our investment portfolio may decline in the future, and we may incur losses with respect to our investment securities.
- We face significant fraud, operational and other risks related to our activities, which could expose us to negative publicity, litigation and/or regulatory action.
- Climate related events and legislative and societal responses regarding climate change present risks to our business.
- If the goodwill that we record in connection with a business acquisition becomes impaired, it could require charges to earnings, which would have a negative impact on our financial condition and results of operations.
- Risks Related to Our Industry
- We operate in a highly regulated environment, which could restrain our growth and profitability.
- Federal regulators periodically examine our business, and we may be required to remediate adverse examination findings.
- We are subject to numerous laws designed to protect consumers, including the Community Reinvestment Act and fair lending laws, and failure to comply with these laws could lead to a wide variety of sanctions.
- We face a risk of noncompliance and enforcement action with the Bank Secrecy Act and other anti-money laundering statutes and regulations.
- Our success depends on our ability to respond to the threats and opportunities of fintech innovation.
- We may be required to pay significantly higher FDIC deposit insurance premiums in the future.
- Our use of third-party vendors and our other ongoing third-party business relationships are subject to increasing regulatory requirements and attention.
- Risks Related to an Investment in our Common Stock
- The market price of our common stock may be volatile, which may make it difficult for investors to sell their shares at the volume, prices and times desired.
- Shares eligible for future sale and shares we may issue in the future could adversely affect market prices of our common stock.
- Our dividend policy may change without notice, and our future ability to pay dividends is subject to restrictions.
- Our Restated Articles of Incorporation and By-laws, and certain banking laws applicable to us, could have an anti-takeover effect that decreases our chances of being acquired, even if our acquisition is in our shareholders’ best interests.
- Our Series A Preferred Stock could adversely affect our liquidity, financial condition and holders of our common stock.
- Our issuance of preferred stock in the future could adversely affect holders of our common stock and discourage a takeover.
Legal proceedings
From time to time we are party to ordinary routine litigation matters incidental to the conduct of our business. We are not presently party to, and none of our property is the subject of, any legal proceedings, the resolution of which we believe would have a material adverse effect on our business, financial condition, results of operations, cash flows, growth prospects or capital levels, nor were any such proceedings terminated during the fourth quarter of 2025.
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 27SEC EDGARTravis M. Lavergne, Officer
- 28SEC EDGARRandolf F. Kassmeier, Officer
- 29SEC EDGARDavid A. Flack, Board member
- 30SEC EDGARJames F. Dunkerley, Board member
- 31SEC EDGARScott G. Ginn, Board member
- 32SEC EDGARAnita M. Fontenot, Board member
- 33SEC EDGARJames E. Yegge, Board member
- 34SEC EDGARJulio A. Melara, Board member
- 35SEC EDGARRose J. Hudson, Board member
- 36SEC EDGARAndrew C. Nelson, Board member
- 37SEC EDGARCarl R. Schneider Jr., Board member
- 38SEC EDGARDavid J. Lukinovich, Board member
- 39SEC EDGARFrank L. Walker, Board member
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- 41SEC EDGARJames H. Boyce Iii., Board member
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- 43SEC EDGARRobert L. Freeman, Board member
- 44SEC EDGARRobert M. Boyce Sr., Board member
- 45SEC EDGARSuzanne O. Middleton, Board member
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- 47SEC EDGARWilliam H. Hidalgo, Board member
- 48SEC EDGARJohn J. D'Angelo, Board member
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- 52SEC EDGAROther events
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- 54SEC EDGARChange of auditor
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- 56SEC EDGARResults of operations
- 57SEC EDGARFinancial statements and exhibits
- 58SEC EDGARFinancial statements and exhibits
- 59SEC EDGARResults of operations
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- 61SEC EDGARFinancial statements and exhibits
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- 63SEC EDGARChange of auditor
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