Red River Bancshares Q1 net income $9.6M ($1.33 EPS), down 5.8% QoQ; deposits fall 2.4%

RED RIVER BANCSHARES INC

2023-Q1 EPS reported $1.33

Net income $9.6M, EPS $1.33 vs Q4 $10.2M ($1.42); ROA 1.28%, ROE 14.33%.
Deposits $2.73B, down $67.6M (2.4%) from Dec 2022, with mix shift to higher-cost accounts.
Net interest margin (FTE) 3.13%, down 4bps QoQ due to deposit rate pressure.
No provision expense; ACL 1.09% of loans HFI; NPAs 0.08% of assets.
Quarterly dividend raised to $0.08/share; stock buyback spent $346K in Q1.

item 2.02

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

RED RIVER BANCSHARES INC reported financial results for the first quarter of 2023.

Period: the first quarter of 2023
Result: reported results

Exact text from the filing

On April 28, 2023, Red River Bancshares, Inc. (the “Company”) issued a press release announcing its unaudited financial results for the first quarter ended March 31, 2023.

View on SEC.gov

Browse all earnings releases →

RED RIVER BANCSHARES INC filing history →

Source: SEC EDGAR

accession 0001071236-23-000033

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.