Investar Bank
Investar Bank is headquartered in Baton Rouge and is the 22nd largest bank in the state of Louisiana. It is also the 1,060th largest bank in the nation. It was established in 2006 and as of December of 2013, it had grown to 165 employees at 10 locations. Investar Bank's money market rates are 36% higher than the national average, and it has a B+ health rating.
Great Banking Experience
I had a great experience with Investar Bank, opening a checking account with a .60% interest rate and also with a 6 month CD. Very friendly and helpful staff.
As of 2/10/13 they are offering 24 month CD @ 1.10%, 18 month CD @ .80% and a 3,6,9, or 12 month CD @ .75%
Some of the best rates in the Baton Rouge area.
Data for Q4 2013
Institution Health
Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Investar Bank had $5 million in non-current loans and owned real-estate with $62.2 million in equity and loan loss allowances on hand to cover it. This gives Investar Bank a Texas Ratio of 8.04% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Investar Bank held steady from 5.03% as of December 31, 2012 to 8.04% as of December 31, 2013, resulting in a negative change of 59.84%. This indicates that the balance sheet and financial strength for Investar Bank has held steady in recent periods.
Deposit Growth
In the past year, Investar Bank has increased its total deposits by $233.02 million, resulting in 77.76% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Investar Bank has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Investar Bank has $634.75 million in assets with $62.2 million in equity, resulting in a capitalization level of 9.80%, which is above average.
Institution Statistics
| Overall | |
|---|---|
| FDIC Certificate # | 58316 |
| Year Established | 2006 |
| Employees | 165 |
| Primary Regulator | FDIC |
| Assets and Liabilities | |
|---|---|
| Assets | $634.75 million |
| Loans | $505.74 million |
| Deposits | $532.69 million |
| Equity Capital | $58.82 million |
| Loan Loss Allowance | $3.38 million |
| Unbacked Noncurrent Loans | $1.49 million |
| Real Estate Owned | $3.52 million |
| Historic Data - December 2012 | |
|---|---|
| Assets | $375.45 million |
| Equity Capital | $43.55 million |
| Loan Loss Allowance | $2.72 million |
| Unbacked Noncurrent Loans | $1.49 million |
| Real Estate Owned | $2.28 million |
| Profit Margin - Quarterly | |
|---|---|
| Net Interest Margin | 4.12% |
| Return on Assets | 0.64% |
| Return on Equity | 6.27% |
| Interest Income | $22.47 million |
Always verify rates and promotions with the bank or credit union. We are not Investar Bank, we are a rate comparison website and can not provide official rates or promotions.
Investar Bank Savings Account Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.60% | $50k | - | E-Star Savings |
Investar Bank Money Market Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.60% | $250,100 | $25k | E-Star Money Market |
Investar Bank Checking Account Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 2.00% | - | $20k | E-Star Checking |
Investar Bank CD Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 1.21% | - | $95k | 36 Month Certificate | |
| 1.05% | - | $95k | 24 Month Certificate | |
| 0.90% | - | $95k | 18 Month Certificate | |
| 0.80% | - | $95k | 12 Month Certificate | |
| 0.70% | - | $95k | 9 Month Certificate | |
| 0.55% | - | $95k | 6 Month Certificate | |
| 0.45% | - | $95k | 3 Month Certificate |
| Investar Bank Locations | ||
|---|---|---|
| Coursey Boulevard Banking Branch | 10922 Coursey Boulevard | Baton Rouge, LA 70816 |
| Investar Bank's 2929 Highway 190 Branch | 2929 Highway 190 | Mandeville, LA 70471 |
| Port Allen Branch | 3761 LA Highway 1 South | Port Allen, LA 70767 |
| Prairieville Branch | 38567 Hwy 42 | Prairieville, LA 70769 |
| Lafayette Branch | 4023 Ambassador Caffery Parkway | Lafayette, LA 70503 |
| Range Avenue Branch | 482 South Range Avenue | Denham Springs, LA 70726 |
| Mandeville Branch | 4892 Louisiana Highway 22 | Mandeville, LA 70471 |
| 500 Vets Branch | 500 Veterans Memorial Boulevard | Metairie, LA 70005 |
| First Community Bank Branch | 600 Southwest Railroad Avenue | Hammond, LA 70403 |
| Investar Bank | 7244 Perkins Road | Baton Rouge, LA 70808 |