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Get filing alertsInvestar reports Q2 2026 EPS of $0.61, net interest margin expands to 3.67%
Filed July 20, 2026 · Period ending July 17, 2026 · ~1 min read
Key Changes
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Q2 2026 earnings of $0.61 per diluted share, down from $0.77 in Q1 2026 (which included a $2.1M credit loss reversal) but up from $0.46 in Q2 2025. Core earnings were $0.75 per share.
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Net interest margin improved 8 basis points to 3.67% as cost of funds declined 9 basis points through runoff of higher-cost brokered deposits. Adjusted margin (excluding acquisition accretion) rose 11 basis points to 3.39%.
Item 2.02 verify on EDGAR → -
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Completed operational conversion of Wichita Falls Bancshares in May 2026. Business lending portfolio grew $43.8M (3.8%) to $1.21B as the company hired eight commercial bankers and executes portfolio remix strategy.
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Raised quarterly dividend 9% to $0.12 per share from $0.11. Repurchased 27,235 shares at average price of $27.68 while maintaining total capital ratio of 14.99%.
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Entered into employment agreements with EVP/COO Linda Crochet ($280K base, up to 36% bonus) and EVP/CRO Jeffrey Martin ($275K base, up to 36% bonus), each with three-year terms through July 2029.
Item 5.02 verify on EDGAR →
Summary
Investar reported solid Q2 2026 results with earnings of $0.61 per share and meaningful net interest margin expansion to 3.67%, up eight basis points sequentially. The margin improvement reflects successful deposit repricing as the company allowed higher-cost brokered deposits to run off, reducing its cost of funds by nine basis points while maintaining stable loan yields at 6.28%.
Core earnings power of $0.75 per share demonstrates strong underlying profitability as the company integrates its Wichita Falls acquisition.
The company completed the operational conversion of Wichita Falls Bancshares in May 2026 and is executing its portfolio remix strategy: allowing lower-yielding consumer mortgages from the acquisition to run off while growing higher-yielding business lending through eight new commercial banker hires across Texas and Louisiana. Business lending grew $43.8 million in the quarter to $1.21 billion. Management signaled confidence by raising the quarterly dividend 9% to $0.12 per share and repurchasing shares while maintaining a strong 14.99% total capital ratio. The company also formalized employment agreements with two executive vice presidents, providing standard compensation and retention arrangements for key operational and risk management roles.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
Investar Holding Corp released Q2 2026 earnings results and investor presentation on July 20, 2026.
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On July 20, 2026, Investar Holding Corporation (the “Company”), the holding company of Investar Bank, National Association (the “Bank”), issued a press release reporting second quarter 2026 results and posted on its website its second quarter 2026 earnings release and investor presentation.
The company disclosed its second quarter 2026 financial results through a press release and investor presentation posted on its website. The 8-K does not include the actual financial figures or performance metrics in the body text; those details are contained in the attached exhibits.
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Investar entered into new employment and deferred compensation agreements with two EVPs, formalizing their roles and compensation packages.
Added in current filing · verify on EDGAR →
On July 17, 2026, the Company, through its wholly-owned subsidiary, the Bank, entered into Employment Agreements (each, an “Employment Agreement”) and Salary Continuation Agreements (each, a “Salary Continuation Agreement”) with each of Linda M. Crochet and Jeffrey W. Martin (each, an “Executive” and together, the “Executives”). Ms. Crochet will continue to serve as Executive Vice President and Chief Operations Officer of the Bank. Mr. Martin will continue to serve as Executive Vice President and Chief Risk Officer of the Bank.
The company formalized employment arrangements with Linda M. Crochet (EVP and Chief Operations Officer) and Jeffrey W. Martin (EVP and Chief Risk Officer). The agreements have an initial three-year term through July 17, 2029, with automatic one-year renewals unless either party provides 90 days' notice of non-renewal.
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if the Company and the Bank terminate the Executive’s employment other than for cause (as defined in the Employment Agreements), death, or disability, or the Executive terminates employment for good reason (as defined in the Employment Agreements), the Executive will be entitled to:
• any accrued but unpaid base salary and incentive compensation and other vested benefits;
• an amount equal to the sum of the Executive’s then-current base salary plus the average annual bonus paid to the Executive over the preceding three (3) calendar years, to be paid in equal monthly installments over twelve (12) months; and
• continued medical insurance coverage for the Executive and the Executive’s dependents for eighteen (18) months following the date of termination
If terminated without cause or for good reason, each executive receives 12 months of base salary plus average prior three-year bonus, paid monthly, plus 18 months of medical coverage. If such termination occurs within six months before or 12 months after a change in control, they receive an additional lump sum equal to 50% of base salary plus average bonus.
Show 3 minor / wording changes
Added in current filing · verify on EDGAR →
Under Ms. Crochet’s Employment Agreement, she is entitled to $280,000 in annual base salary. Ms. Crochet is also eligible to receive annual incentive compensation of up to 36% of her base salary earned for that calendar year, subject to the discretion and approval of the Company Board.
Under Mr. Martin’s Employment Agreement, he is entitled to $275,000 in annual base salary. Mr. Martin is also eligible to receive annual incentive compensation of up to 36% of his base salary earned for that calendar year, subject to the discretion and approval of the Company Board.
Ms. Crochet's compensation includes $280,000 base salary plus up to 36% annual incentive (up to $100,800). Mr. Martin's compensation includes $275,000 base salary plus up to 36% annual incentive (up to $99,000). Both incentive payments are subject to board discretion and approval.
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The Salary Continuation Agreements between the Bank and Ms. Crochet and Mr. Martin provide that the Executive shall receive annual payments of $100,000 upon attaining the age of sixty-eight (68) and sixty-five (65), respectively, with such payments payable monthly over a period of one hundred twenty (120) months, or ten (10) years.
The executives receive unfunded deferred compensation: Ms. Crochet gets $100,000 annually starting at age 68, and Mr. Martin gets $100,000 annually starting at age 65, each paid monthly over 10 years. Upon a qualifying separation within 24 months of a change in control, they receive a lump sum of the greater of the accrual balance or $200,000.
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the Employment Agreements include non-competition, non-solicitation of customers and non-piracy of employees covenants that remain in effect for twelve (12) months following the termination of the Executive’s employment (or eighteen (18) months following termination in connection with a change in control).
Both executives are subject to 12-month post-employment non-compete, non-solicitation, and non-piracy restrictions (extended to 18 months if termination follows a change in control). The agreements also include confidentiality provisions and mutual non-disparagement covenants.
Event · Exhibit 99.1
Investar reports Q2 2026 earnings of $0.61/share, net interest margin improvement to 3.67%, and completion of Wichita Falls Bancshares acquisition integration.
Added in current filing · view on EDGAR →
In May 2026, Investar successfully completed the operational conversion of WFB onto our core system.
Investar completed the operational conversion of Wichita Falls Bancshares onto its core banking system in May 2026, a key integration milestone. The company is now executing its strategy to allow the consumer mortgage loans acquired from WFB to run off and replace them with higher-yielding commercial and industrial loans, while benefiting from the expanded Texas footprint.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 21, 2026 · How we verify