Investar (ISTR) investor relations material

Executive summary

• Q3 net income was $11.655M; net income available to common shareholders was $11.127M, or $0.74 diluted EPS, versus $8.9M and $0.61 in Q2. Core diluted EPS was $0.77 versus $0.75.

• Loan growth excluding Wichita Falls-acquired loans was 2.3% QoQ; NIM rose to 3.73%, or 3.40% adjusted for acquired-loan accretion and interest recoveries.

Financial highlights

• Net interest income was $33.8M, up 0.9% QoQ and 59.6% YoY; noninterest income was $3.0M, down 1.7% QoQ and up 2.1% YoY.

• Noninterest expense was $22.7M, down 7.8% QoQ and up 37.6% YoY, largely reflecting Wichita Falls-related costs; expenses declined QoQ after operational conversion was completed in Q2.

• Core earnings available to common shareholders were $11.518M and core diluted EPS was $0.77, versus $11.129M and $0.75 in Q2; core EPS was $0.54 in Q3 2025.

• Pre-tax, pre-provision net income rose to $14.074M from $11.883M in Q2.

Outlook and guidance

• Strategy is to let acquired Wichita Falls consumer mortgage loans run off and replace them with higher-yielding business lending, primarily C&I production.

• Hired 13 commercial bankers in 2026—seven in Texas and six in Louisiana—to build relationships across loans, deposits and treasury services.

• Priorities include consistent, quality earnings through balance-sheet optimization, organic growth and potential acquisitions, organic capital generation, disciplined repurchases, expense control and digital transformation.