BATON ROUGE, La. (AP) — BATON ROUGE, La. (AP) — Investar Holding Corp. (ISTR) on Monday reported net income of $9.5 million in its second quarter.
The Baton Rouge, Louisiana-based bank said it had earnings of 61 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, were 75 cents per share.
The holding company for Investar Bank posted revenue of $56.3 million in the period. Its revenue net of interest expense was $36.5 million, exceeding Street forecasts.
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