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Investor Presentaiton

Allowance for Credit Losses / Total Loans 0.63 Allowance for Credit Losses / Total Loans (%) 1.09 1.11 2019 Y 2020 Y 2021 Y (Dollars in Thousands) Allowance for Credit Losses Allowance for Credit Losses - Beginning ASC Topic 326 adoption impact Provision Charge-offs & Adj. Recoveries Allowance for Credit Losses - Ending INVESTAR HOLDING CORPORATION 1.16 1.45 2022Y 2023Q1 For the Year Ended 12/31/2019 12/31/2020 12/31/2021 12/31/2022 For the Three Months Ended 3/31/2023 9,454 10,700 20,363 20,859 24,364 $5,865 1,908 11,160 22,885 2,922 556 (800) (1,754) (22,636) (633) (510) 138 $10,700 257 $20,363 247 1,216 246 $20,859 $24,364 $30,521 1 Investar adopted the Current Expected Credit Loss accounting standard on January 1, 2023. Upon adoption, Investar recorded a one-time, cumulative effect adjustment to increase the allowance for credit losses by $5.9 million and reduce retained earnings, net of tax, by $4.3 million. 14
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