Investar Holding Corp. 2024 10-K: $1.03B Assets, $21.9M Net Income
Ticker: ISTR · Form: 10-K · Filed: Mar 12, 2025 · CIK: 1602658
Sentiment: neutral
Topics: financials, earnings, balance-sheet, 10-k
TL;DR
Investar Holding Corp. 2024 10-K: $1.03B assets, $21.9M profit. Solid year.
AI Summary
Investar Holding Corp. filed its 2024 10-K on March 12, 2025, reporting total assets of $1.026 billion and total liabilities of $951 million for the fiscal year ending December 31, 2024. The company's net income was $21.853 million, with earnings per share of $1.70. Investar Holding Corp. operates as a state commercial bank.
Why It Matters
This filing provides a comprehensive overview of Investar Holding Corp.'s financial health and performance for the fiscal year 2024, crucial for investors and stakeholders to assess its stability and profitability.
Risk Assessment
Risk Level: medium — The filing presents standard financial information for a publicly traded company without immediate red flags or significant deviations from typical performance.
Key Numbers
- $1.026B — Total Assets (Represents the company's total resources as of December 31, 2024.)
- $951M — Total Liabilities (Indicates the company's total obligations as of December 31, 2024.)
- $21.853M — Net Income (Shows the company's profitability for the fiscal year 2024.)
- $1.70 — Earnings Per Share (Measures the company's profit allocated to each outstanding share of common stock for FY 2024.)
Key Players & Entities
- Investar Holding Corp. (company) — Filer of the 10-K report.
- 20250312 (date) — Date the 10-K was filed.
- 20241231 (date) — Fiscal year end date for the report.
- $1.026 billion (dollar_amount) — Total assets reported for FY 2024.
- $951 million (dollar_amount) — Total liabilities reported for FY 2024.
- $21.853 million (dollar_amount) — Net income reported for FY 2024.
- $1.70 (dollar_amount) — Earnings per share for FY 2024.
FAQ
What was Investar Holding Corp.'s total revenue for the fiscal year 2024?
The filing indicates 'Noninterest Income Other Operating Income' was $40.1 million, but a specific total revenue figure is not explicitly stated in the provided snippet.
What is the company's primary business activity?
Investar Holding Corp. operates as a state commercial bank, as indicated by its Standard Industrial Classification code [6022].
What was the change in total assets from the previous year?
The filing shows total assets of $1.026 billion for 2024 and $1.151 billion for the prior period (implied from context), suggesting a decrease.
What is the company's capital structure regarding common stock?
The filing mentions 'Common Stock' with a par value of $1.00 and 40,000,000 shares authorized and outstanding.
What were the company's interest income and interest expense for 2024?
The filing shows 'Interest Income' of $42.144 million and 'Interest Expense' of $20.513 million for the fiscal year 2024.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 12, 2025 regarding Investar Holding Corp (ISTR).