Investar Holding (ISTR) 8-K Regulation FD Disclosure

1

NASDAQ: ISTR

Raymond James Conference: September 9, 2015

Exhibit 99.1

Forward-looking Statements

2

This

presentation

may

include

forward-looking

statements

as

defined

by

the

Private

Securities

Litigation

Reform

Act

of

1995.

These

forward-looking

statements

are

based

upon

current

expectations

and

assumptions

about

our

business

that

are

subject

to

a

variety

of

risks

and

uncertainties

that

could

cause

the

actual

results

to

differ

materially

from

those

described

in

this

presentation.

You

should

not

rely

on

forward-looking

statements

as

a

prediction

of

future

events.

Additional

information

regarding

factors

that

could

cause

actual

results

to

differ

materially

from

those

discussed

in

any

forward

looking

statements

are

described

in

reports

and

registration

statements

we

file

with

the

SEC,

including

our

Annual

Report

on

Form

10-K

and

subsequent

Quarterly

Reports

on

Form

10-Q

and

Current

Reports

on

Form

8-K,

copies

of

which

are

available

on

the

Investar

internet

website

http://www.investarbank.com.

We

disclaim

any

obligation

to

update

any

forward-looking

statements

or

any

changes

in

events,

conditions

or

circumstances

upon

which

any

forward-looking

statement

may

be

based

except

as

required

by

law.

www.investarbank.com

NASDAQ: ISTR

We

encourage

everyone

to

visit

the

Investors

Section

of

our

website

at

www.investarbank.com,

where

we

have

posted

additional

important

information

such

as

press

releases

and

SEC

filings.

We

intend

to

use

our

website

to

expedite

public

access

to

time-

critical

information

regarding

the

Company

in

advance

of

or

in

lieu

of

distributing

a

press

release

or

a

filing

with

the

SEC

disclosing

the

same

information.

Company Profile as of June 30, 2015

3

Share Outstanding

7,293,209

Assets

$921.9 million

Market Cap

$110.9 million

Net Loans

$667.9 million

Price per Share

$15.20

Deposits

$706.0 million

Dividend Yield (YTD)

0.19%

Tangible Equity

$103.7 million

Price/ Tangible Book Value

106.9%

TE/TA

11.29%

Price/LTM EPS

15.2x

Net Income

$3.8 million

ROAA

0.86%

ROAE

7.17%

NPAs/Assets

0.56%

Net Interest Margin

3.71%

Cost of Funds

0.79%

Market Data

Financial Highlights

Senior Management

John J. D’Angelo,

President & CEO

Christopher L. Hufft,

Chief Accounting Officer

•

Founding President and Chief Executive Officer

•

New Orleans native; graduate of Louisiana State University

•

Prior to founding Investar, Mr. D’Angelo was president and director of Aegis

Lending Corporation, a mortgage lending company with operations in 46 states

and the District of Columbia

•

Previously, Mr. D’Angelo held various senior positions at Hibernia National Bank

(the predecessor to Capital One Bank, N.A.), focusing on the East Baton Rouge

Parish, Louisiana, market

•

Current ownership of 2%

•

Joined the Bank in February 2014 as Chief Accounting Officer

•

Prior to joining the Bank, Mr. Hufft served for 9 years as the Vice President of

Accounting at Amedisys, Inc., a publicly-traded home health and hospice company

•

Mr. Hufft, a licensed certified public accountant, also spent seven years in public

accounting, serving both public and privately-held clients in the banking,

healthcare and manufacturing sectors

•

B.S. Accounting –

Louisiana State University

Travis M. Lavergne,

Chief Credit Officer

•

Served as Executive Vice President and Chief Credit Officer since March, 2013 and

Chief Risk Management Officer since joining in July 2012

•

Prior to joining the Bank, Mr. Lavergne was a Senior Examiner at the Louisiana

Office of Financial Institutions from September 2005 to July 2012

•

B.S. Finance –

Louisiana State University

•

M.B.A. Southeastern Louisiana University

4

Accomplishments to Date

Key Areas Staffed with Experienced Bankers

Very Strong Growth Complemented by Two Successful Acquisitions

High Quality Organic Loan Portfolio

Nimble Institution Able to Shift Resources as Customers’ Demands Change

Firmly Established in Four Key Louisiana Markets

Since commencing operations in June 2006, Investar has successfully established a

profitable commercial bank in multiple growth markets:

5

Completed Initial Public Offering of 3.3 million shares generating net proceeds of

$41.7 million

Franchise Overview

Franchise History

6

June 2006 –

Chartered with an

initial capitalization of $10.1

million

2Q 2011 –

Opened two

additional branches in Baton

Rouge Market

May 2013 –

Entered the

Hammond market through the

acquisition of First Community

Bank

October 1, 2011 –

Acquired

South Louisiana Business Bank

July 2013 –

Entered Lafayette

market by opening a de novo

branch

December 2012 –

Entered the

New Orleans market through

the purchase of two closed

branch locations and hiring of

local bankers

May 2009 –

Opened second

branch in Baton Rouge

FY 2008 –

Achieved profitability

in second full year of

operations

July 2014 –

Completed initial

public offering of 3.3 million

shares

August 2014 –

Opened

additional branch in Baton

Rouge market

Franchise Overview

Branch Map

7

Current

•

Total Assets: $922 Million

•

11 full-service branches in the Baton

Rouge, New Orleans, Hammond, and

Lafayette markets

•

176 employees at June 30, 2015

•

One new branch opening in 2015

•

Institutional ownership 42%

•

Insider ownership 9%

•

5-year CAGRs¹

–

Assets –

38.3%

–

Loans –

35.6%

–

Deposits –

34.2%

(1)

For the five years ended December 31, 2014

Current Strategy

•

Management

–

Continue to add experienced bankers in new and existing markets

•

Market

–

Southern Louisiana focus with complementary new market expansion

•

Growth

–

Leverage existing infrastructure in four markets

–

Limited de novo branching

–

Opportunistic, disciplined acquisition strategy

•

Asset Quality

–

Loan portfolio diversity

–

Disciplined credit philosophy –

legacy delinquencies less than 1%

•

Profitability

–

Expected to increase as investment in infrastructure has already been made

8

Opportunistic Acquirer

•

Two whole bank transactions since 2011

•

Processes and infrastructure established to analyze selective opportunities going forward

9

•

Announced: June, 2011

•

Closed: October, 2011

•

1 Branch in Prairieville, LA

•

$31.5 million in gross loans¹

•

$38.6 million in deposits¹

•

Announced: January, 2013

•

Closed: May, 2013

•

2 Branches –

Hammond and Mandeville, LA

•

$77.5 million in gross loans¹

•

$86.5 million in deposits¹

Rationale

•

Entered Ascension Parish with 3.4% deposit

market share

•

Capital accretive

•

Management talent

Rationale

•

Recorded bargain purchase gain

•

Initial entrance into Hammond market plus

another location in the New Orleans MSA

South Louisiana Business Bank

First Community Bank

•

Focused on existing footprint and complementary markets in Southern Louisiana

•

60% of Louisiana-headquartered banks < $250 million in assets²

•

81% of Louisiana-headquartered banks < $500 million in assets²

Current Landscape

(1)

Based on fair values at time of closing

(2)

As of March 31, 2015

Growth Has Been the Story

Total Assets

+33%

+69%

+34%

Gross Loans

+43%

+38%

+66%

+34%

10

FCB Acquisition

FCB Acquisition

SLBB Acquisition

SLBB Acquisition

Note: Gray shading denotes the marked value of acquired assets and loans on date of the respective acquisitions of South Louisiana Bank (closed on October 1, 2011) and First Community Bank (closed on May 1, 2013)

+39%

+5%

+4%

HFS

HFS

Loan Composition

11

Loan Composition

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

Mortgage loans on real estate

Construction and land development

$20,271

$20,271

7.0%

7.0%

$63,170

$63,170

12.5%

12.5%

$71,350

$71,350

11.4%

11.4%

$70,927

$70,927

10.5%

10.5%

($423)

($423)

-0.1%

-0.1%

1-4 Family

54,813

54,813

19.0

19.0

104,685

104,685

20.8

20.8

137,519

137,519

22.1

22.1

153,118

153,118

22.7

22.7

$15,599

$15,599

11.3

11.3

Multifamily

1,750

1,750

0.6

0.6

14,286

14,286

2.8

2.8

17,458

17,458

2.8

2.8

21,260

21,260

3.2

3.2

$3,802

$3,802

21.8

21.8

Farmland

64

64

0.0

0.0

830

830

0.2

0.2

2,919

2,919

0.5

0.5

3,001

3,001

0.4

0.4

$82

$82

2.8

2.8

Commercial real estate

Owner occupied

52,533

52,533

18.2

18.2

78,415

78,415

15.6

15.6

119,668

119,668

19.2

19.2

129,825

129,825

19.3

19.3

$10,157

$10,157

8.5

8.5

Nonowner occupied

47,394

47,394

16.4

16.4

78,948

78,948

15.6

15.6

105,390

105,390

16.9

16.9

119,321

119,321

17.7

17.7

$13,931

$13,931

13.2

13.2

Commercial and industrial

15,319

15,319

5.3

5.3

32,665

32,665

6.5

6.5

54,187

54,187

8.7

8.7

56,485

56,485

8.4

8.4

$2,298

$2,298

4.2

4.2

Consumer

96,609

96,609

33.5

33.5

131,096

131,096

26.0

26.0

114,299

114,299

18.4

18.4

119,649

119,649

17.8

17.8

$5,350

$5,350

4.7

4.7

Total loans

$288,753

100%

100%

$504,095

$504,095

100%

100%

$622,790

$622,790

100%

100%

$673,586

$673,586

100%

100%

$50,796

$50,796

8.2%

8.2%

Loans held for sale

16,988

16,988

5,029

5,029

103,396

103,396

78,212

78,212

(25,184)

(25,184)

(24.4)

(24.4)

Total gross loans

$305,741

$509,124

$509,124

$726,186

$726,186

$751,798

$751,798

$25,612

$25,612

3.5%

3.5%

Increase/(Decrease)

2012

2013

2014

2015

December 31,

June 30,

Loan Composition

June 30, 2015

Business Lending Portfolio²

12

(1)

Total loans includes gross loans less loans held for sale

(2)

Business lending portfolio includes owner occupied CRE and C&I loans as of June 30, 2015

Total

Business

Lending

Portfolio

2

:

$186.3 million

Total Loans¹: $673.6 million

Yield on loans: 4.73%

52% of CRE is owner occupied

Credit Metrics

13

FCB Acquisition

NPAs / Total Loans + OREO

NCOs / Average Loans

Peers¹

Investar

Peers¹

Investar

(1)

Peer group consists of UBPR peers produced by the FFIEC and defined by a combination of asset size, number of branches and location in a Metropolitan Statistical Area.

Disciplined Lending

14

•

Reserves / Total Loans¹

,

²:  0.85%

•

Reserves / (Total Loans¹ –

Acquired):  0.91%

•

(Reserves + FV Marks) / Total Loans¹

,

²:  0.95%

Reserves

/

Total

Loans¹

,

²

Reserves / NPLs

Provision Expense / NCOs

NM

5

NM

NM

3

4

(1)

Total loans excludes loans held for sale and allowance for loan losses

(2)

Includes $41.1 million of loans from previous acquisitions that were marked-to-market as of June 30, 2015

(3)

Reserves/NPLs for December 31, 2011 was 6,236%

(4)

Reserves/NPLs for December 31, 2012 was 5,136%

(5)

Investar recorded net recoveries in FY 2012

Deposit Composition and Growth

Deposit Composition ¹

($706 million)

Total Deposits

2010 -

Present

Strategy

has

been

to

bring

in

customers

through

competitive

rates,

then

implement

an

aggressive

cross-sell

strategy

(1)

As of June 30, 2015

Cost

of

funds

of

interest

bearing

deposits:

0.84%

Growth in noninterest bearing deposits: 23%

Financial Highlights

16

(1)

Gross loans includes loans held for sale (HFS)

(2)

Efficiency ratio is a non-GAAP financial measure

Amounts in thousands, except share data

2015

2014

2014

2013

Financial Highlights

Total Assets

$921,855

$729,070

$879,354

$634,946

Gross Loans

(1)

$751,798

$596,106

$726,186

$509,124

Total Deposits

$706,007

$578,667

$628,118

$532,606

Total Stockholders' Equity

$106,873

$57,940

$103,384

$55,483

Shares Outstanding

7,293,209

3,945,753

7,262,085

3,945,114

Capital Ratios

Tangible Equity / Tangible Assets

11.29%

7.54%

11.76%

8.74%

Tier 1 Leverage Ratio

12.15%

8.37%

12.61%

9.53%

Total RBC Ratio

14.10%

10.46%

14.41%

11.51%

Asset Quality Ratios

NPAs / Total Assets

0.56%

0.65%

0.69%

0.79%

NPLs / Loans

0.40%

0.23%

0.54%

0.30%

Loan Loss Reserves / Total Loans

0.85%

0.69%

0.74%

0.67%

Loan Loss Reserves / NPLs

213.20%

296.24%

138.61%

227.00%

NCOs / Avg Loans

0.00%

0.03%

0.07%

0.09%

Performance Ratios

Net Income

$1,813

$1,067

$5,397

$3,168

ROAE

6.82%

7.45%

6.80%

6.10%

ROAA

0.82%

0.61%

0.73%

0.64%

Net Interest Margin

3.70%

3.85%

3.85%

4.10%

Efficiency Ratio

(2)

67.87%

73.85%

74.90%

78.07%

Per Share Data

Tangible Book Value per Share

$14.22

$13.86

$13.79

$13.24

Diluted Earnings per Share

$0.25

$0.26

$0.93

$0.81

Year Ended December 31,

Quarter Ended June 30,

Performance Metrics

17

Net Interest Margin

(1)

Return on average assets was adjusted for the bargain purchase gain recognized in 2013 and the net effect of the Company’s investment in a tax credit entity recognized in 2014.

Return on Average Assets

Performance Metrics

18

(1)

Efficiency ratio is a non-GAAP financial measure. The efficiency ratio was adjusted for the impairment related to the Company’s investment in a tax credit entity for the quarter and year ended December 31, 2014 and

for the bargain purchase gain recognized as a result of the acquisition of South Louisiana Business Bank for the year ended December 31, 2013.

Expense Ratios

74.5%

80.1%

74.3%

80.0%

72.8%

67.9%

3.19%

3.82%

3.65%

3.83%

3.32%

3.00%

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

50.0%

60.0%

70.0%

80.0%

90.0%

100.0%

2010

2011

2012

2013

2014

Q2 2015

2010

2011

2012

2013

2014

Q2 2015

Employees

49

70

100

167

179

176

Locations

4

5

7

10

11

11

Year Ended December 31,

$715

$999

$2,361

$3,168

$5,397

$0.43

$0.47

$0.71

$0.81

$0.93

-$0.80

-$0.60

-$0.40

-$0.20

$0.00

$0.20

$0.40

$0.60

$0.80

$1.00

$500

$1,500

$2,500

$3,500

$4,500

$5,500

$6,500

2010

2011

2012

2013

2014

Profitability

+70%

+40%

+34%

+136%

19

Net Income and Earnings Per Share

$1,442

$2,008

$1,950

$1,813

$0.20

$0.28

$0.27

$0.25

-$0.80

-$0.60

-$0.40

-$0.20

$0.00

$0.20

$0.40

$0.60

$0.80

$1.00

$500

$1,500

$2,500

$3,500

$4,500

$5,500

$6,500

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Investment Highlights

•

Strong historical balance sheet and earnings growth

•

Meaningful organic opportunities exist in market

•

Profitable with room to grow into current infrastructure

•

Clean asset quality

•

Experienced management team

•

Experienced, disciplined acquirer

•

Committed level of insider ownership

20

21

Appendix

*

*

*

*

*

*

*

*

*

*

Non-GAAP Financial Measures

22

Tangible book value per share, the ratio of tangible equity to tangible assets, and the efficiency ratio are not financial measures recognized under GAAP and, therefore, are

considered non-GAAP financial measures. Our management, banking regulators, many financial analysts and other investors use these non-GAAP financial measures to compare

the capital adequacy of banking organizations with significant amounts of preferred equity and/or goodwill or other intangible assets, which typically stem from the use of the

purchase accounting method of accounting for mergers and acquisitions. Tangible equity, tangible assets, tangible book value per share or related measures should not be

considered in isolation or as a substitute for total stockholders’ equity, total assets, book value per share or any other measure calculated in accordance with GAAP. Moreover,

the manner in which we calculate tangible equity, tangible assets, tangible book value per share and any other related measures may differ from that of other companies

reporting measures with similar names. The following table reconciles, as of the dates set forth below, stockholders’ equity (on a GAAP basis) to tangible equity and total assets

(on a GAAP basis) to tangible assets and calculates our tangible book value per share.

Dollar values in thousands except per share amounts

Three Months Ended

2010

2011

2012

2013

2014

2014 Q2

2015 Q2

Total Stockholders' Equity -

GAAP

$16,814

$35,166

$43,553

$55,483

$103,384

$57,940

$106,873

Adjustments

Goodwill

$0

$2,684

$2,684

$2,684

$2,684

$2,684

$2,684

Other Intangibles

$0

$155

$145

$573

$532

$552

$511

Tangible Equity

$16,814

$32,327

$40,724

$52,226

$100,168

$54,704

$103,678

Total Assets -

GAAP

$209,465

$279,330

$375,446

$634,946

$879,354

$729,070

$921,855

Adjustments

Goodwill

$0

$2,684

$2,684

$2,684

$2,684

$2,684

$2,684

Other Intangibles

$0

$155

$145

$573

$532

$552

$511

Tangible Assets

$209,465

$276,491

$372,617

$631,689

$876,138

$725,834

$918,660

Total Shares Outstanding

Book Value Per Share

$11.46

$12.82

$13.56

$14.06

$14.24

$14.68

$14.65

Effect  of Adjustment

$0.00

($1.03)

($0.88)

($0.82)

($0.45)

$0.82

($0.43)

Tangible Book Value Per Share

$11.46

$11.79

$12.68

$13.24

$13.79

$13.86

$14.22

Total Equity to Total Assets

8.03%

12.59%

11.60%

8.74%

11.76%

7.95%

11.59%

Effect of Adjustment

-

(0.90)

(0.67)

(0.47)

(0.33)

(0.41)

0.30

Tangible Equity to Tangible Assets

8.03%

11.69%

10.93%

8.27%

11.43%

7.54%

11.29%

Efficiency Ratio

Noninterest Expense

$6,195

$8,615

$11,645

$19,024

$24,384

$5,729

$6,682

Income before Noninterest Expense

$7,293

$10,116

$14,985

$23,340

$30,926

$7,310

$9,446

Provision

$1,019

$639

$685

$1,026

$1,628

$448

$400

Efficiency Ratio

74.5%

80.1%

74.3%

78.1%

74.9%

73.8%

67.9%

Year Ended December 31,

Income Statement

23

Three Months Ended

2010

2011

2012

2013

2014

2014 Q2

2015 Q2

INTEREST INCOME

Interest and fees on loans

$       9,082

$    10,877

$    13,968

$    21,686

$    29,979

$       7,119

$       8,646

Interest on investment securities

611

406

585

756

1,339

278

523

Other interest income

17

19

34

30

50

10

18

TOTAL INTEREST INCOME

9,710

11,302

14,857

22,472

31,368

7,407

9,187

INTEREST EXPENSE

Interest on deposits

3,194

2,445

2,361

3,204

4,273

1,050

1,299

Interest on borrowings

300

134

181

256

402

108

108

TOTAL INTEREST EXPENSE

3,494

2,579

2,542

3,460

4,675

1,158

1,407

NET INTEREST INCOME

6,216

8,723

12,042

19,012

26,694

6,249

7,780

PROVISION FOR LOAN LOSSES

1,019

639

685

1,026

1,628

448

400

NET

INTEREST

INCOME

AFTER

PROVISION

FOR

LOAN

LOSSES

5,197

8,084

11,360

17,986

25,066

5,801

7,380

NON-INTEREST INCOME

Service charges on deposit accounts

74

102

118

214

305

73

97

Gain on sale of investment securities, net

184

160

139

449

340

48

134

Net gain on sale of assets

-

55

36

346

1,892

1,026

1,084

Bargain purchase gain

-

-

-

906

-

-

-

Fee income on mortgage loans held for sale, net

1,733

1,569

3,131

2,843

2,119

89

210

Other operating income

105

146

201

596

1,204

273

541

TOTAL NON-INTEREST INCOME

2,096

2,032

3,625

5,354

5,860

1,509

2,066

INCOME BEFORE NON-INTEREST EXPENSE

7,293

10,116

14,985

23,340

30,926

7,310

9,446

NON-INTEREST EXPENSE

Salaries and employee benefits

3,538

4,909

7,461

11,772

14,565

3,491

3,971

Impairment on investment in tax credit entity

-

-

-

-

690

-

-

Operating expenses

2,657

3,706

4,184

7,252

9,129

2,238

2,711

TOTAL NON-INTEREST EXPENSE

6,195

8,615

11,645

19,024

24,384

5,729

6,682

INCOME BEFORE INCOME TAX EXPENSE

1,098

1,501

3,340

4,316

6,542

1,581

2,764

INCOME TAX EXPENSE

383

502

979

1,148

1,145

514

951

NET INCOME

715

$        

999

$        

2,361

$     

3,168

$     

5,397

$     

1,067

$     

1,813

$      

Basic earnings per share

0.51

$       

0.54

$       

0.79

$       

0.86

$       

0.98

$       

0.27

$       

0.25

$        

Diluted earnings per share

0.43

$       

0.47

$       

0.71

$       

0.81

$       

0.93

$       

0.26

$       

0.25

$        

Year Ended December 31,