IberiaBank’s buyout of First Private Bank of Texas is a done deal.

Investar Bank has purchased property for its second Lafayette location.

The merger between Teche Federal Bank and IberiaBank is one step closer to finalization after Teche shareholders approved the buyout deal at a meeting held Thursday.

Investar Bank released the terms of its initial public offering Wednesday, announcing up to 3.3 million of the company's shares will be up for grabs.

Investar Bank’s holding company filed paperwork with the U.S. Securities and Exchange Commission for an initial public offering of the bank’s common stock.

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