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ISTR

Investar Holding

$22.69 /

+ (+0.00%)

15:37
02/21/20
02/21
15:37
02/21/20
15:37

Investar Holding completes branch operation acquisition of PlainsCapital Bank

Investar Holding announced that its wholly-owned subsidiary, Investar Bank, National Association, Baton Rouge, Louisiana, completed its previously announced acquisition and assumption of certain assets, deposits and other liabilities associated with the Alice, Texas and Victoria, Texas locations of PlainsCapital Bank, a wholly-owned subsidiary of Hilltop Holdings Inc. In connection with the acquisition, which was completed on February 21, 2020, Investar Bank acquired approximately $46M in loans and approximately $37M in customer deposits. In addition, Investar Bank acquired substantially all the fixed assets at the branch locations, and assumed the leases for the branch facilities.

ISTR Investar Holding
$22.69 /

+ (+0.00%)

12/27/19 DA Davidson
Investar Holding price target raised to $29.50 at DA Davidson
12/09/19 Sandler O'Neill
Investar Holding downgraded to Hold from Buy at Sandler O'Neill
07/10/19 DA Davidson
Investar Holding initiated with a Buy at DA Davidson
07/08/19 Raymond James
Investar Holding upgraded to Outperform from Market Perform at Raymond James

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