Investar Holding Corporation reported consolidated unaudited earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported total interest income of $17,178,000 as compared to $11,093,000 for the same period last year. Income before noninterest expense was $14,305,000 as compared to $9,395,000 for the same period last year. Income before income tax expense was $3,743,000 as compared to $1864,000 for the same period last year. Net income was $2,402,000 as compared to $1,864,000 for the same period last year. Basic and diluted earnings per share was $0.25 as compared to $0.26 for the same period last year.

Management expects the company's effective tax rate to approximate 20% for the remainder of 2018, mainly as a result of the Tax Cuts and Jobs Act.