Investar completes $113M WFB acquisition, adding $1.15B in assets and 72bp margin expansion

Filed May 8, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 7, 2025 · ~2 min read

Key Changes

• high

  Closed WFB acquisition January 2026 for $112.9M, adding $1.15B assets, $950M loans, $1.02B deposits, and seven Texas branches. Net income rose 83% to $11.5M; net interest margin expanded 72bp to 3.59% from 2.87%.

  MD&A: WFB Acquisition verify on EDGAR →
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  Variable-rate loans jumped from 32% to 49% of portfolio, driven by adjustable-rate mortgages acquired from WFB. Positions company to benefit from rising rates, though ARMs typically have initial fixed periods.

  MD&A: Loan Portfolio Mix verify on EDGAR →
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  Issued $32.5M Series A Preferred Stock (July 2025) to fund acquisition, creating new dividend obligations ($0.5M paid Q1 2026) and potential common stock dilution upon conversion. Liquidation preference ranks ahead of common.

  MD&A: Capital Structure verify on EDGAR →