Investar Holding Corporation (NASDAQ:ISTR) Files An 8-K Other Events
Item 8.01 Other Events
issued a press release announcing receipt of regulatory approvals
from the Board of Governors of the Federal Reserve System, the
Federal Deposit Insurance Corporation, and the Louisiana Office
of Financial Institutions for its previously announced pending
acquisition of Citizens Bancshares, Inc., the parent company for
Citizens Bank in Ville Platte, Louisiana. The Company also
provided an update regarding the expected timeframes to complete
the acquisition and the associated branch and operating system
conversions.
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Exhibit
Number
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Description of Exhibit
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99.1
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Press release dated June 14, 2017
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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.
