Baton Rouge-based Investar Holding Corp., the parent company of Investar Bank, reported its first-quarter earnings rose to $2 million, or 27 cents per share, compared to $900,000, or 21 cents per share, a year ago.

Investar President and Chief Executive Officer John D’Angelo said the company grew both its commercial and industrial loan portfolio and non-interest bearing, or fee-generating, deposits.

“We believe growth in these areas increases the value of our franchise and will remain a primary focus,” D’Angelo said.

Investar’s non-interest bearing deposits totaled $84.4 million on March 31, up 20 percent from Dec. 31.