Investar Holding Corporation has completed its acquisition of Wichita Falls Bancshares, Inc., the parent company of First National Bank based in Wichita Falls, Texas. The deal, which became effective January 1, 2026, expands Investar's presence into the north Dallas and Wichita Falls markets. The transaction included $7.2 million in cash and 3,955,334 shares of Investar common stock, valuing the deal at approximately $112.9 million based on the company's December 31, 2025 closing price. As part of the transaction, David Flack and James Dunkerley, former directors of Wichita Falls and First National Bank, have joined the boards of Investar Holding Corporation and Investar Bank. First National Bank reported $1.2 billion in total assets as of December 31, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Investar Holding Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1122978) on January 02, 2026, and is solely responsible for the information contained therein.
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