Investar holding corp (ISTR)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
INTEREST INCOME
Interest and fees on loans

80,954

66,750

47,863

39,380

35,076

29,979

21,686

13,968

Interest on investment securities

7,440

6,608

5,055

3,565

2,189

1,339

756

-

Taxable interest income

-

-

-

-

-

-

-

278

Exempt from federal income taxes

-

-

-

-

-

-

-

307

Other interest income

1,049

533

428

207

75

51

30

34

Total interest income

89,443

73,891

53,346

43,152

37,340

31,369

22,472

14,587

INTEREST EXPENSE
Interest on deposits

19,307

11,394

8,050

7,182

5,250

4,273

3,204

2,361

Interest on borrowings

5,318

5,127

2,779

1,231

632

402

256

181

Total interest expense

24,625

16,521

10,829

8,413

5,882

4,675

3,460

2,542

Net interest income

64,818

57,370

42,517

34,739

31,458

26,694

19,012

12,045

Financing Receivable, Credit Loss, Expense (Reversal)

1,908

2,570

1,540

2,079

1,865

1,628

1,026

685

Net interest income after provision for loan losses

62,910

54,800

40,977

32,660

29,593

25,066

17,986

11,360

NONINTEREST INCOME
Service charges on deposit accounts

1,840

1,453

767

-

-

-

-

-

Service charges on deposit accounts

-

-

-

343

380

305

214

118

Marketable Securities, Realized Gain (Loss)

262

14

292

443

489

340

-

-

Gain on sale of investment securities, net

-

-

-

-

-

-

449

139

Gain (Loss) on Disposition of Property Plant Equipment

-11

98

127

1,266

15

3

-

-

Gain Losses On Sales Of Foreclosed Assets

2

-24

27

13

-105

230

97

-

Gain on sale of real estate owned, net

-

-

-

-

-

-

-

2

Gain (Loss) on Sales of Loans, Net

-

-

-

405

4,368

3,449

2,634

34

Servicing fees and fee income on serviced loans

-

-

-

-

-

885

-

-

Bargain purchase gain

-

-

-

-

-

-

906

-

Servicing fees and fee income on serviced loans

593

963

1,482

2,087

2,543

-

457

-

Interchange fees

1,114

932

537

-

-

-

-

-

Interchange fees

-

-

-

381

-

-

-

-

Income from bank owned life insurance

703

628

245

189

-

-

-

-

Equity Securities, FV-NI, Unrealized Gain (Loss)

341

-267

0

-

-

-

-

-

Change in the fair value of equity securities

341

-267

0

0

-

-

-

-

Fee income on mortgage loans held for sale, net

-

-

-

-

-

-

-

3,131

Other operating income

1,372

521

338

341

654

648

597

201

Total noninterest income

6,216

4,318

3,815

5,468

8,344

5,860

5,354

3,625

Income before noninterest expense

69,126

59,118

44,792

38,128

37,937

30,926

23,340

-

Income before noninterest expense

-

-

-

-

-

-

-

14,985

NONINTEREST EXPENSE
Depreciation, Depletion and Amortization, Nonproduction

3,462

2,553

1,865

1,493

1,446

1,326

893

-

Salaries and employee benefits

28,643

25,469

18,681

15,609

16,398

14,565

11,772

7,461

Occupancy

1,837

1,378

1,150

995

951

833

793

1,127

Bank shares tax

-

-

-

-

-

-

-

170

FDIC and OFI assessments

-

-

-

-

-

-

-

207

Legal fees

-

-

-

-

-

-

-

128

Data processing

2,360

2,090

1,690

1,488

1,508

1,289

782

530

Marketing

260

237

422

386

248

329

320

-

Advertising

-

-

-

-

-

-

-

212

Stationery and supplies

-

-

-

-

-

-

-

119

Software amortization and expense

-

-

-

-

-

-

-

286

Professional fees

1,189

1,051

950

1,261

1,075

599

295

128

Impairment on investment in tax credit entity

-

-

-

-

-

690

-

-

Customer reimbursements

-

-

-

584

0

-

-

-

Acquisition expense

2,090

1,445

1,868

0

-

-

250

-

Telephone expense

-

-

-

-

-

-

-

74

Business entertainment

-

-

-

-

-

-

-

57

Other operating expenses

8,327

7,659

5,716

4,823

5,727

4,753

3,919

1,146

Total noninterest expense

48,168

41,882

32,342

26,639

27,353

24,384

19,024

11,645

Income before income tax expense

20,958

17,236

12,450

11,489

10,584

6,542

4,316

-

Income before income tax expense

-

-

-

-

-

-

-

3,340

Income tax expense

4,119

3,630

4,248

3,609

3,511

1,145

1,148

979

Net Income (Loss) Attributable to Parent

16,839

13,606

8,202

7,880

7,073

5,397

3,168

2,361

EARNINGS PER SHARE
Basic earnings per share (in dollars per share)

1.68

1.41

0.96

1.11

0.98

0.98

0.86

0.79

Diluted earnings per share (in dollars per share)

1.66

1.39

0.96

1.10

0.97

0.93

0.81

0.71

Cash dividends declared per common share (in dollars per share)

0.23

0.17

0.10

0.04

0.03

0.04

0.05

0.05