Investar Holding Corporation Announces Net Income of $11.1 million for the third quarter of 2026
Investar Holding Corporation Announces Net Income of $11.1 million for the third quarter of 2026
Investar Holding Corporation reported net income available to common shareholders of $11.1 million, or $0.74 per diluted common share, for the third quarter of 2026, compared to net income available to common shareholders of $8.9 million, or $0.61 per diluted common share, for the quarter ended June 30, 2026, and net income available to common shareholders of $5.7 million, or $0.54 per diluted common share, for the quarter ended September 30, 2025. On a non-GAAP basis, core earnings per diluted common share for the third quarter of 2026 were $0.77 compared to $0.75 for the second quarter of 2026.
Investar Holding Corporation reported that its net interest margin improved six basis points to 3.73% for the quarter ended September 30, 2026 compared to 3.67% for the quarter ended June 30, 2026. Exclusive of the interest income accretion from the acquisition of loans and interest recoveries, adjusted net interest margin improved one basis point to 3.40% for the quarter ended September 30, 2026 compared to 3.39% for the quarter ended June 30, 2026.
Total loans for Investar Holding Corporation increased by $6.9 million, or 0.2%, to $3.07 billion at September 30, 2026 compared to $3.06 billion at June 30, 2026. Excluding loans acquired from WFB, total loans increased by $50.4 million, or 2.3%, to $2.26 billion at September 30, 2026 compared to $2.21 billion at June 30, 2026.
Subsequent to the quarter-end, on October 1, 2026, Investar completed the purchase of commercial and industrial revolving lines of credit with an unpaid principal balance of approximately $65.0 million and total commitments of $81.9 million. The revolving lines of credit are variable-rate with varying renewal terms.
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