BATON ROUGE, La. (AP) — BATON ROUGE, La. (AP) — Investar Holding Corp. (ISTR) on Monday reported net income of $12 million in its first quarter.
The bank, based in Baton Rouge, Louisiana, said it had earnings of 77 cents per share. Earnings, adjusted for one-time gains and costs, were 87 cents per share.
The holding company for Investar Bank posted revenue of $56.2 million in the period. Its revenue net of interest expense was $35.6 million, which did not meet Street forecasts.
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