secwatch.observer — SEC 8-K summary
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Issuer:     RED RIVER BANCSHARES INC (RRBI)
CIK:        0001071236
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001071236-24-000080
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 up 9% to $8.8M, EPS $1.27; NIM expands to 2.98%
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- Net income $8.8M ($1.27 EPS) vs $8.0M ($1.16 EPS) prior quarter and $8.0M ($1.12 EPS) a year ago.
- Net interest margin FTE improved 6 bps to 2.98%; net interest income $22.5M (+3.1% QoQ).
- Deposits up $30.5M to $2.75B; loans HFI slightly up to $2.06B; securities increased $31.1M.
- Completed $3.0M stock repurchase (60,000 shares); book value per share rose to $47.51.
- Asset quality stable: NPAs 0.10% of assets, ACL 1.06% of loans, net charge-offs near zero.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071236/000107123624000080/0001071236-24-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071236/000107123624000080/rrbi-20241030.htm
  HTML page:      https://secwatch.observer/filing/0001071236-24-000080

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