Investar Holding Corporation (ISTR)

Investar Holding Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	130.19	117.89	93.37	90.23	87.37	80.95
Interest Income on Investments	14.84	15.31	11.2	5.31	6.43	8.49
Total Interest Income	145.03	133.2	104.57	95.54	93.79	89.44
Interest Paid on Deposits	60.02	42.07	6.25	7.49	15.38	19.31
Interest Paid on Borrowings	14.24	16.61	8.53	4.24	4.88	5.32
Total Interest Expense	74.27	58.68	14.78	11.73	20.26	24.63
Net Interest Income	70.76	74.52	89.79	83.81	73.53	64.82
Net Interest Income Growth (YoY)	-9.91%	-17.00%	7.12%	13.98%	13.45%	12.98%
Gain (Loss) on Sale of Assets	0.39	-1.32	-0.26	-0.41	-0.04	-0.01
Gain (Loss) on Sale of Investments	-0.43	-0.39	-0.08	2.54	2.56	0.6
Other Non-Interest Income	5.77	5.2	14.17	7.3	7.65	3.78
Total Non-Interest Income	9.68	6.54	16.97	12.04	12.1	6.22
Non-Interest Income Growth (YoY)	41.45%	-61.46%	40.89%	-0.45%	94.59%	43.96%
Revenues Before Loan Losses	80.44	81.06	106.75	95.86	85.63	71.03
Provision for Loan Losses	-2.29	-2	2.92	22.89	11.16	1.91
Revenue	82.73	83.06	103.83	72.97	74.47	69.13
Revenue Growth (YoY)	-4.48%	-20.01%	42.29%	-2.01%	7.73%	16.93%
Salaries and Employee Benefits	35.86	35.16	32.27	33.79	31.73	27.21
Occupancy Expenses	3.27	3.78	4.44	4.99	4.57	5.3
Selling, General & Administrative	10.33	10.7	10.66	9.47	8.8	5.24
Other Non-Interest Expense	13.24	13	12.68	12.37	10.96	8.33
Total Non-Interest Expense	62.7	62.63	60.04	60.61	56.07	46.08
EBT Excluding Unusual Items	20.03	20.43	43.79	12.36	18.4	23.05
Other Unusual Items	0.5	-	-0.22	-	-	-
Pretax Income	21.46	20.43	44.35	9.91	17.34	20.96
Income Tax Expense	3.78	3.75	8.64	1.91	3.45	4.12
Net Income	17.68	16.68	35.71	8	13.89	16.84
Preferred Dividends & Other Adjustments	-0	0	0.03	0.02	0.07	0.16
Net Income to Common	17.68	16.68	35.68	7.98	13.82	16.68
Net Income Growth	-19.76%	-53.29%	346.36%	-42.40%	-17.52%	23.76%
Basic Shares Outstanding	10	10	10	10	11	10
Diluted Shares Outstanding	10	10	10	11	11	10
Shares Change (YoY)	-0.62%	-3.33%	-3.04%	-3.36%	8.32%	3.79%
EPS (Basic)	1.81	1.69	3.54	0.77	1.27	1.68
EPS (Diluted)	1.79	1.69	3.50	0.76	1.27	1.66
EPS Growth	-19.18%	-51.71%	360.53%	-40.16%	-23.61%	19.75%
Dividend Per Share	0.405	0.395	0.365	0.310	0.250	0.230
Dividend Growth	3.85%	8.22%	17.74%	24.00%	8.70%	35.29%
Effective Tax Rate	17.59%	18.36%	19.48%	19.27%	19.90%	19.65%

Source: S&P Capital IQ. Banks template. Financial Sources.