secwatch.observer — SEC 8-K summary
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Issuer:     RED RIVER BANCSHARES INC (RRBI)
CIK:        0001071236
Form:       8-K
Filed at:   2024-01-30T23:59:59+00:00
Accession:  0001071236-24-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Red River Bancshares Q4 net income $8.3M ($1.16 EPS), NIM improves 4 bps to 2.82%
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- Net income of $8.3M, up 3.4% QoQ; EPS $1.16 vs $1.12 prior quarter; YoY net income down 18.6%.
- Net interest margin (FTE) 2.82%, up from 2.78% Q3, driven by higher yields on securities and loans.
- Deposits $2.80B (+$42M QoQ); loans HFI $1.99B (+$44.3M); nonperforming assets 0.08% of total assets.
- Completed 2023 $5M share repurchase program; Board approved new $5M program for 2024.
- Quarterly cash dividend maintained at $0.08 per share; paid Dec 14, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071236/000107123624000015/0001071236-24-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071236/000107123624000015/rrbi-20240130.htm
  HTML page:      https://secwatch.observer/filing/0001071236-24-000015

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