Investar Holding Corporation (ISTR)

Investar Holding Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	128.5	117.89	93.37	90.23	87.37
Interest Income on Investments	15.37	15.31	11.2	5.31	6.43
Total Interest Income	143.87	133.2	104.57	95.54	93.79
Interest Paid on Deposits	61.51	42.07	6.25	7.49	15.38
Interest Paid on Borrowings	12.6	16.61	8.53	4.24	4.88
Total Interest Expense	74.11	58.68	14.78	11.73	20.26
Net Interest Income	69.75	74.52	89.79	83.81	73.53
Net Interest Income Growth (YoY)	-6.40%	-17.00%	7.12%	13.98%	13.45%
Gain (Loss) on Sale of Assets	0.43	-1.32	-0.26	-0.41	-0.04
Gain (Loss) on Sale of Investments	-0.34	-0.39	-0.08	2.54	2.56
Other Non-Interest Income	9.07	5.2	14.17	7.3	7.65
Total Non-Interest Income	13.08	6.54	16.97	12.04	12.1
Non-Interest Income Growth (YoY)	100.11%	-61.46%	40.89%	-0.45%	94.59%
Revenues Before Loan Losses	82.84	81.06	106.75	95.86	85.63
Provision for Loan Losses	-3.48	-2	2.92	22.89	11.16
Revenue	86.32	83.06	103.83	72.97	74.47
Revenue Growth (YoY)	3.92%	-20.01%	42.29%	-2.01%	7.73%
Salaries and Employee Benefits	38.62	35.16	32.27	33.79	31.73
Occupancy Expenses	3.1	3.78	4.44	4.99	4.57
Selling, General & Administrative	8.35	10.7	10.66	9.47	8.8
Other Non-Interest Expense	13.26	13	12.68	12.37	10.96
Total Non-Interest Expense	63.32	62.63	60.04	60.61	56.07
EBT Excluding Unusual Items	22.99	20.43	43.79	12.36	18.4
Legal Settlements	1.12	-	-	-	-
Other Unusual Items	0.29	-	-0.22	-	-
Pretax Income	24.41	20.43	44.35	9.91	17.34
Income Tax Expense	4.15	3.75	8.64	1.91	3.45
Net Income	20.25	16.68	35.71	8	13.89
Preferred Dividends & Other Adjustments	-	0	0.03	0.02	0.07
Net Income to Common	20.25	16.68	35.68	7.98	13.82
Net Income Growth	21.43%	-53.29%	346.36%	-42.40%	-17.52%
Basic Shares Outstanding	10	10	10	10	11
Diluted Shares Outstanding	10	10	10	11	11
Shares Change (YoY)	0.87%	-3.33%	-3.04%	-3.36%	8.32%
EPS (Basic)	2.06	1.69	3.54	0.77	1.27
EPS (Diluted)	2.04	1.69	3.50	0.76	1.27
EPS Growth	20.71%	-51.71%	360.53%	-40.16%	-23.61%
Dividend Per Share	0.410	0.395	0.365	0.310	0.250
Dividend Growth	3.80%	8.22%	17.74%	24.00%	8.70%
Effective Tax Rate	17.02%	18.36%	19.48%	19.27%	19.90%

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