/s/ Postlethwaite & Netterville Baton Rouge, Louisiana March 11, 2016 INVESTAR HOLDING CORPORATION CONSOLIDATED BALANCE SHEETS (Amounts in thousands, except share data) INVESTAR HOLDING CORPORATION CONSOLIDATED STATEMENTS OF OPERATIONS (Amounts in thousands, except share data) INVESTAR HOLDING CORPORATION CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Amounts in thousands) INVESTAR HOLDING CORPORATION CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (Amounts in thousands, except share data) INVESTAR HOLDING CORPORATION CONSOLIDATED STATEMENTS OF CASH FLOWS (Amounts in thousands) INVESTAR HOLDING CORPORATION CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED) (Amounts in thousands) INVESTAR HOLDING CORPORATION Notes to Consolidated Financial Statements NOTE 1.