secwatch.observer — SEC 8-K summary
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Issuer:     RED RIVER BANCSHARES INC (RRBI)
CIK:        0001071236
Form:       8-K
Filed at:   2022-10-28T23:59:59+00:00
Accession:  0001071236-22-000068
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Red River Bancshares Q3 net income $10.2M ($1.42 EPS), record high, up 11.4% QoQ
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- Net income $10.2M ($1.42 diluted EPS) vs $9.1M ($1.27) in Q2 2022; return on assets 1.30%, return on equity 15.48%.
- Net interest margin FTE 3.06% (up 31 bps QoQ); net interest income $23.1M (+9.2% from Q2).
- Loans held for investment $1.88B (+2.1% QoQ); deposits $2.80B (-1.9% QoQ); assets $3.06B (-2.0% QoQ).
- Nonperforming assets $2.7M (0.09% of assets) up from $971K; allowance for loan losses $20.0M (1.06% of loans).
- Opened first full-service New Orleans branch August 1; paid $0.07 quarterly dividend; no share repurchases in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071236/000107123622000068/0001071236-22-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071236/000107123622000068/rrbi-20221028.htm
  HTML page:      https://secwatch.observer/filing/0001071236-22-000068

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer