Investar Holding Corporation (NASDAQ:ISTR) Files An 8-K Changes in Registrant’s Certifying Accountant
Item 4.01
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Changes in Registrants Certifying Accountant
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(a)
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Dismissal of Previous Independent Registered Public
Accounting Firm |
APAC (PN) of the decision of the audit committee (the Audit
Committee) of the board of directors of Investar Holding
Corporation (the Company) to dismiss PN as the Companys
independent registered public accounting firm.
PN regarding the Companys financial statements for the fiscal
years ended December 31, 2016 and 2015 did not contain any
adverse opinion or disclaimer of opinion and were not qualified
or modified as to uncertainty, audit scope or accounting
principles.
interim period from the end of the most recently completed fiscal
year through May 9, 2017, the date of dismissal, there were no
disagreements with PN on any matter of accounting principles or
practices, financial statement disclosure or auditing scope or
procedures, which disagreements, if not resolved to the
satisfaction of PN would have caused it to make reference to such
disagreement in its reports.
Form 8-K prior to its filing with the Securities and Exchange
Commission and requested that PN furnish the Company with a
letter addressed to the Securities and Exchange Commission
stating whether it agrees with the above statements and, if it
does not agree, the respects in which it does not agree. A copy
of the letter furnished by PN, dated May 9, 2017, is filed as
Exhibit 16.1 to this current report on Form 8-K.
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(b)
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Appointment of New Independent Registered Public Accounting
Firm |
to serve as its independent registered public accounting firm for
the year ending December 31, 2017.
interim period from the end of the most recently completed fiscal
year through May 12, 2017, neither the Company, nor anyone on its
behalf, consulted with EY regarding (i) the application of
accounting principles to a specific transaction, either completed
or proposed, or regarding the type of audit opinion that might be
rendered on the Companys financial statements, and neither a
written report nor oral advice was provided to the Company that
EY concluded was an important factor considered by the Company in
reaching a decision as to any accounting, auditing or financial
reporting issue, or (ii) any matter that was either the subject
of a disagreement or a reportable event (as described in Item
304(a)(1)(iv) and Item 304(a)(1)(v) of Regulation S-K,
respectively.)
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Item 9.01.
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Financial Statements and Exhibits
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Exhibit Number
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Description of Exhibit
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16.1
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Letter from Postlethwaite Netterville APAC to the
Securities and Exchange Commission, dated May 9, 2017. |
About Investar Holding Corporation (NASDAQ:ISTR)
Investar Holding Corporation is financial holding company that conducts its operations through, Investar Bank (the Bank), which is a commercial bank. The Company offers a range of commercial and retail lending products throughout its market areas, including business loans to small to medium-sized businesses, as well as loans to individuals. It serves its primary markets of Baton Rouge, New Orleans, Hammond and Lafayette, Louisiana, and their surrounding metropolitan areas from its office located in Baton Rouge and from approximately 10 additional service branches. The Bank’s other banking services include cashiers’ checks, direct deposit of payroll and Social Security checks, night depository, bank-by-mail, automated teller machines with deposit automation and debit cards. The Company’s business lending products include owner-occupied commercial real estate loans, construction loans, and commercial and industrial loans, such as term loans, equipment financing and lines of credit. Investar Holding Corporation (NASDAQ:ISTR) Recent Trading Information
Investar Holding Corporation (NASDAQ:ISTR) closed its last trading session up +0.05 at 22.75 with 14,650 shares trading hands.
