---
schema_version: "secwatch.filing_event.v1"
accession: "0001071236-23-000033"
form_type: "8-K"
ticker: "RRBI"
cik: "0001071236"
company_name: "RED RIVER BANCSHARES INC"
filed_at: "2023-04-28T23:59:59+00:00"
generated_at: "2026-06-16T06:08:27.887370+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001071236-23-000033
- form_type: 8-K
- ticker: RRBI
- cik: 0001071236
- company_name: RED RIVER BANCSHARES INC
- filed_at: 2023-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1071236/000107123623000033/0001071236-23-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1071236/000107123623000033/rrbi-20230428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001071236-23-000033
- JSON: https://secwatch.observer/filing/0001071236-23-000033.json
- Plain text: https://secwatch.observer/filing/0001071236-23-000033.txt

## Key facts
- Earnings Releases
  RED RIVER BANCSHARES INC reported financial results for the first quarter of 2023.
  - Period: the first quarter of 2023
  - Result: reported results
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1071236/000107123623000033/0001071236-23-000033-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.