Investar Holding Corp
For the period ended Dec 31, 2024. Filed Mar 12, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 12, 2025
ISTR$28.22+1.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
| Page | ||
|---|---|---|
| PART I | ||
| Item 1. | Business | 4 |
| Item 1A. | Risk Factors | 17 |
| Item 1B. | Unresolved Staff Comments | 29 |
| Item 1C. | Cybersecurity | 30 |
| Item 2. | Properties | 31 |
| Item 3. | Legal Proceedings | 31 |
| Item 4. | Mine Safety Disclosures | 31 |
| PART II | ||
| Item 5. | Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 31 |
| Item 6. | [Reserved] | 33 |
| Item 7. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 34 |
| Item 7A. | Quantitative and Qualitative Disclosures about Market Risk | 64 |
| Item 8. | Financial Statements and Supplementary Data | 65 |
| Item 9. | Changes in and Disagreements With Accountants on Accounting and Financial Disclosure | 122 |
| Item 9A. | Controls and Procedures | 122 |
| Item 9B. | Other Information | 122 |
| Item 9C. | Disclosure Regarding Foreign Jurisdictions that Prevent Inspections | 122 |
| PART III | ||
| Item 10. | Directors, Executive Officers and Corporate Governance | 123 |
| Item 11. | Executive Compensation | 123 |
| Item 12. | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | 123 |
| Item 13. | Certain Relationships and Related Transactions, and Directors Independence | 123 |
| Item 14. | Principal Accountant Fees and Services | 123 |
| PART IV | ||
| Item 15. | Exhibit and Financial Statement Schedules | 124 |
GLOSSARY OF DEFINED TERMS
Below is a listing of certain acronyms, abbreviations and defined terms, among others, used throughout this Annual Report on Form 10-K.
| 2027 Notes | – | 6.00% Fixed-to-Floating Rate Subordinated Notes due 2027 |
|---|---|---|
| 2029 Notes | – | 5.125% Fixed-to-Floating Rate Subordinated Notes due 2029 |
| 2032 Notes | – | 5.125% Fixed-to-Floating Rate Subordinated Notes due 2032 |
| ACL | – | Allowance For Credit Losses |
| AFS | – | Available For Sale |
| AI | – | Artificial Intelligence |
| ALCO | – | Asset/Liability Committee |
| ASC | – | Accounting Standards Codification |
| ASU | – | Accounting Standards Update |
| ATM | – | Automated Teller Machine |
| Bank | – | Investar Bank, National Association |
| Board | – | Board of Directors of Investar Holding Corporation |
| BOJ | – | BOJ Bancshares, Inc. |
| BOLI | – | Bank Owned Life Insurance |
| BTFP | – | Bank Term Funding Program |
| CBLR | – | Community Bank Leverage Ratio |
| CECL | – | Current Expected Credit Loss |
| CFPB | – | Consumer Financial Protection Bureau |
| Cheaha | – | Cheaha Financial Group, Inc. |
| CIO | – | Chief Information Officer |
| CISO | – | Chief Information Security Officer |
| CODM | – | Chief Operating Decision Maker |
| Company | – | Investar Holding Corporation and its wholly-owned subsidiary the Bank (also, “we,” “our,” or “us”) |
| CRA | – | Community Reinvestment Act |
| ECOA | – | Equal Credit Opportunity Act |
| ERC | – | Employee Retention Credit |
| ESOP | – | Employee Stock Ownership Plan |
| Exchange Act | – | Securities Exchange Act of 1934, as amended |
| FASB | – | Financial Accounting Standards Board |
| FDIC | – | Federal Deposit Insurance Corporation |
| FHLB | – | Federal Home Loan Bank |
| FRB | – | Federal Reserve Bank of Atlanta |
| GAAP | – | U.S. Generally Accepted Accounting Principles |
| HTM | – | Held To Maturity |
| IRP | – | Incident Response Plan |
| IS Program | – | Information Security Program |
| IT Committee | – | Information Technology Committee |
| ITM | – | Interactive Teller Machine |
| LIBOR | – | London Interbank Offered Rate |
| LTIP | – | Long Term Incentive Plan |
| NAICS | – | North American Industry Classification System |
| NIST | – | National Institute of Standards and Technology |
| NOL | – | Net Operating Loss |
| OCC | – | Office of the Comptroller of Currency |
| PCD | – | Purchased Credit Deteriorated |
| PCI | – | Purchased Credit Impaired |
| ROU | – | Right-Of-Use |
| RSU | – | Restricted Stock Unit |
| SBIC | – | Small Business Investment Company |
| SCA | – | Salary Continuation Agreement |
| SEC | – | U.S. Securities and Exchange Commission |
| Securities Act | – | Securities Act of 1933, as amended |
| SOFR | – | Secured Overnight Financing Rate |
| TDR | – | Troubled Debt Restructuring |
| U.S. | – | United States |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.