Investar (US:ISTR) Accessnewswireยท2025-10-20 10:00Financial Performance - Investar Holding Corporation reported net income available to common shareholders of $5.7 million, or $0.54 per diluted common share, for Q3 2025, an increase from $4.5 million, or $0.46 per diluted common share, in Q2 2025, and consistent with $5.4 million, or $0.54 per diluted common share, in Q3 2024 [1][6][35] - Core earnings per diluted common share for Q3 2025 were $0.54, up from $0.47 in Q2 2025 and $0.45 in Q3 2024 [2][6] - Net interest margin improved to 3.16%, a 13 basis point increase from 3.03% in Q2 2025 [3][21] Loan and Deposit Growth - Total loans increased by $44.2 million, or 2.1% (8.4% annualized), to $2.15 billion at September 30, 2025, compared to $2.11 billion at June 30, 2025 [4][6][7] - Total deposits rose by $34.5 million, or 1.5%, to $2.37 billion at September 30, 2025, compared to $2.34 billion at June 30, 2025 [14][6] Credit Quality - Nonperforming loans were $7.7 million, or 0.36% of total loans, at September 30, 2025, slightly up from $7.5 million, or 0.36%, at June 30, 2025 [11][12] - The allowance for credit losses was $26.5 million, representing 344.7% of nonperforming loans at September 30, 2025 [12] Acquisition Update - Investar announced the acquisition of Wichita Falls Bancshares, Inc., with the transaction expected to close around January 1, 2026, pending regulatory approvals [5][6] Stockholder Actions - The company repurchased 14,722 shares of common stock at an average price of $21.55 during Q3 2025, below the tangible book value per common share of $22.76 [5][6] - Stockholders' equity increased to $295.3 million at September 30, 2025, up from $255.9 million at June 30, 2025, primarily due to the issuance of Series A Preferred Stock and net income [19][18]