secwatch.observer — SEC 8-K summary
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Issuer:     RED RIVER BANCSHARES INC (RRBI)
CIK:        0001071236
Form:       8-K
Filed at:   2023-07-28T23:59:59+00:00
Accession:  0001071236-23-000064
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Red River Bancshares Q2 net income $9.0M ($1.25 EPS), down 6.6% from Q1 on deposit cost pressure
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- Net income $9.0M ($1.25 EPS) vs $9.6M ($1.33) in Q1; ROA 1.20%, ROE 12.78%.
- Net interest margin FTE fell 17 bps to 2.96%; NII $21.5M from $22.9M Q1.
- Deposits -$67.2M (-2.5%) to $2.66B; public entity deposits down 20%; uninsured 30.2%.
- Loans HFI +$25.8M (+1.3%) to $1.95B; NPA ratio 0.07%; provision $300K.
- Capital: leverage 11.48%, equity/assets 9.36%; dividend $0.08/sh; repurchased 11,894 shares for $601K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071236/000107123623000064/0001071236-23-000064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071236/000107123623000064/rrbi-20230728.htm
  HTML page:      https://secwatch.observer/filing/0001071236-23-000064

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