Investar Holding Corporation announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2017. The company reported net income of $2.3 million, or $0.25 per diluted common share, for the fourth quarter of 2017, compared to $2.1 million, or $0.24 per diluted common share, for the quarter ended September 30, 2017, and $1.8 million, or $0.26 per diluted common share, for the quarter ended December 31, 2016. On a non-GAAP basis, core earnings per share in the fourth quarter of 2017 were $0.35 and $0.34 per basic and diluted common share, respectively. Total revenues, or interest and noninterest income, for the quarter ended December 31, 2017 totaled $16.9 million, an increase of $1.3 million, or 8.5%, compared to September 30, 2017, and an increase of $5.0 million, or 41.6%, compared to December 31, 2016. Net interest income for the fourth quarter of 2017 totaled $12.8 million, an increase of $1.3 million, or 11.1%, compared to the third quarter of 2017, and an increase of $4.0 million, or 46.0%, compared to the fourth quarter of 2016. Included in net interest income for the quarters ended December 31, 2017 and September 30, 2017 is $0.2 million of interest income accretion from the acquisition of loans during those quarters. The increase in net interest income was primarily driven by growth in loan and securities balances partially offset by an increase in interest expense as the company funded the increase in earning assets with increased deposits and borrowings. Net interest income for the fourth quarter of 2017 increased $3.5 million and $1.4 million due to increases in the volume and yield, respectively, of interest-earning assets, offset slightly by decreases of $0.6 million and $0.3 million due to the increases in the volume and rate, respectively, of interest-bearing liabilities compared to the fourth quarter of 2016. The Company reported both basic and diluted earnings per common share of $0.25 for the quarter ended December 31, 2017, a decrease of $0.01 compared to basic and diluted earnings per common share of $0.26 for the quarter ended December 31, 2016. The decrease in both basic and diluted earnings per share is attributable to the Company’s issuance of approximately 1.6 million common shares as part of a public offering on March 22, 2017, the issuance of approximately 0.8 million common shares as consideration in the acquisition of BOJ, the $0.8 million in acquisition expenses, and the $0.3 million charge to income tax expense as a result of the Tax Cuts and Jobs Act recognized during the quarter ended December 31, 2017. Return on average assets was 0.65% against 0.59% a year ago. Book value per share at December 31, 2017 was $18.15 against $15.88 at December 31, 2016. Tangible book value per share at December 31, 2017 was $16.06 against $15.42 at December 31, 2016. Return on average assets was 0.59% against 0.65% a year ago. Return on average equity was 5.65% against 6.51% a year ago. Income before income tax expense was $3.776 million against $2.699 million a year ago. Core return on average assets was 0.81% against 0.61% a year ago. Core return on average equity was 7.77% against 6.15% a year ago. Total interest income was $15.967 million against $11.062 million a year ago. For the full year, the company reported net interest income of $42.517 million against $42,517 million a year ago. Income before income tax expense was $12.450 million against $11.489 million a year ago. Net income was $12.450 million or $0.96 per diluted share against $7.880 million or $1.10 per diluted share a year ago. otal interest income was $53.346 million against $43.152 million a year ago.