8-K - Investar Holding Corporation | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Investar Holding Corporation filed audited financial statements and consent of Wichita Falls Bancshares, Inc. as part of Item 9.01 exhibits for a pending merger valued at $112.9 million.

Key Takeaways

1Wichita Falls Bancshares, Inc. (WFB) total assets $1,156 million as of Dec 31, 2025, down 25% from $1,543 million in 2024.

2WFB net income $4.3 million or $6.87 per share for 2025, down from $5.9 million or $10.04 per share in 2024.

3Merger consideration: 3,955,272 Investar shares at $26.72 ($105.7 million) plus $7.2 million cash, total $112.9 million.

4Pro forma combined assets $3,990 million; pro forma net income $32.7 million or $2.32 diluted EPS as of Dec 31, 2025.

5WFB loans $982 million at Dec 31, 2025 (down 23%), nonperforming loans 0.28% of total.

6Eide Bailly LLP consents to use of audit report dated March 24, 2026 in Investar registration statements.

Current Report Details

Event Type

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

9.01

** ** Financial Statements and Exhibits** Financial statements of business acquired.: (i) | Col4: The audited consolidated balance sheets of WFB as of December

Exhibits Only

Source Document

Results of Operations

Year Ended

Metric	Value	Basis	Prior Period
Net Income	$4.3K	GAAP	$5.9K
Diluted EPS	$6.87	GAAP	$7.48

Transaction Details

Acquisition / Disposition

Target: Wichita Falls Bancshares, Inc.
Consideration: 3,955,272 shares of Investar common stock valued at $105,685 plus $7,202 cash (total $112,887)
Structure: Merger accounted as business combination under GAAP

•Merger agreement entered July 1, 2025
•Pro forma as if merger occurred Dec 31, 2025 (balance sheet) and Jan 1, 2025 (income statement)

Exhibits (5)

23.1

EXHIBIT 23.1

8-K

FORM 8-K

99.1

EXHIBIT 99.1

99.2

EXHIBIT 99.2

99.3

EXHIBIT 99.3