Investar Holding Corporation · NASDAQ:ISTR
Investar — Q1 2021 Earnings Presentation
15 slides from Investar's earnings presentation, May 3, 2021
Slide 1: Financial Information 1st Quarter 2021
Oy INVESTAR BRILLIANT BANKING NASDAQ: ISTR Financial Information 4s Quarter 2021
Slide 2: Disclosures and Disclaimers
Disclosures and Disclaimers This presentation may contin forward4ooking statements within the meaning ofthe Private Secures Ligation Reform Act of 1995 that reflect curent views of Invester Holding Corporation (the *Company’ wth respect o, mong other tings, future events and financial perermance. Th
Slide 3: Our Company
Our Company Investar Holding Corp. is the Bank Holding Company for Investar Bank Headquartered in Baton Rouge, LA Mission (REEMA 3 Investar is a dynamic full service community bank focused elationships that create value and opportunities for our customers, employees, Bullsetulce)commensially ovlente
Slide 4: Financial Highlights - 1st Quarter 2021
Financial Highlights - 1st Quarter 20. Tangible Book Value? Growth 4st Quarter Results = Increased by $0.83 during the 1* quarter to $20.72 per share, representing an Balance Sheet dn thousands) increase of 4.2% versus the 4 quarter of 2020 and 12.7% year-over-year Assets $2,407,956 '* Repurchased 2
Slide 5: Creating Shareholder Value
Creating Shareholder Value 2200 sao s2000 $19.69 $1879 $1800 S743 $16.06 $1600 eH $14.62 TBV per Share'(§) $1400 $1200 s1a00 2015 2016 2017 2018 2019 2020 10.2021 "Non-GAAP financial measure: please see appendix for addtional details 5
Slide 6: Recent Earnings Performance
Recent Earnings Performance Net Income ($000) gs Per Share sost AUNT ail zat 202002 zo003 zom08 soniat aon0at 207002 maar ROAA (%) Net Interest Margin (%) WL canal soma tom02 zom003 tomas mont 202901 mae mmatat * Non-GAAP fancil measur; please see appendk for aditonal details ‘Noe: Nef income and Pr
Slide 7: Strategy
Strategy Investar Has Completed 7 Whole Bank Acquisitions and 1 Branch Transaction 2011 Saini 2017 Business Bank (LA) (LA) BOJ Bancshares (LA) Total Assets: 2013 wee $2.4 Billion. First Community Bank (LA) 2017 Bancshres (A) 2019 al Mainland Bank (TX) 2021 Cheaha Financial Group (AL) 2020 PlainsCapi
Slide 8: Loan Portfolio - 1st Quarter Update
Loan Portfolio - 1st Quarter Update Loan yield of 4.72%, an increase of 0.02% versus the 4t* quarter ately of 2020 a Total Paycheck Protection Program loans of $106.6 million, an increase of $12.1 million compared to the 4'" quarter of 2020 Loan deferrals equaled 0.6% of the total loan portfolio as
Slide 9: Loan Loss Reserve Detail
Loan Loss Reserve Detail 0.63 ns 0.63 miny m18y 18 2020Y mat 4218112020 3112021 Loan Loss Reserve ($000) Loan Loss Reserve - Beginning $7951 $7891 59.454 st9.044 $920,963 Charge-ofs & Ad, 764 4,185 800 4487 405 Recoveries 6 178 137 106 65 Provision 4540 2570 1.908. 2.400 400 Loan Loss Reserve - Endi
Slide 10: Asset Quality Trends
ity Trends Nonperforming Assets ($000s) NPAs | Assets (%) shia aaaal 001 wz902 romas momat mc 2m002 00008 ems mma Net Charge-offs / Avg. Loans (%) Reserves / NPLs (%) 184 198 103 193 108 cus aoe aot act — ” = = om008 aon0a1 02002 zm03 20208 2omiat momar zomaz zom003 soniat
Slide 11: Deposit Transformation
Deposit Transformation Deposit Mix at March 31, 2020 Deposit Mix at March 31, 2021 One Year Interestbearing = Transformation mand Deposit Composition - Quarterl ters thousands) 2o19a 2oiea2 201903201904 0mai 202002202003 202141 Noninterestbearing Demand S285 811 $289.481 $291,039 $351,005 SSINSTI «G
Slide 12: Appendix
APPENDIX
Slide 13: Non-GAAP Reconciliation
Non-GAAP Reconciliation ept per share data) Tangible Common Equi Total Stockholders’ Equity Adjustments Goodwill Other Intangibles Tangible Common Equity (Common Shares Outstancing Book Value Per Common Share Tangible Book Value Per Common Share Tangible Assets: Tote Assets Adjustments Goodwill Othe
Slide 14: Non-GAAP Reconciliation
Non-GAAP Reconciliation [@ollarsin thousands, except per share data) Forthe Three Months Ended enones _aeino1s ——smt020 6072020 a 721g1n020_smtm024 Interest on Deposits $4106 84684 95198 $5319 $5032 $4,190 $3404 $2750 $2302 Interest Bearing Deposits $1,245982 $1.252738 $1.294918 $1,355,801 1380447 S
Slide 15: Slide 15