RED RIVER BANCSHARES INC
For the period ended Mar 31, 2024. Filed May 10, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 10, 2024
RRBI$105.16+1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
CONSOLIDATED BALANCE SHEETS (UNAUDITED)
| (in thousands, except share amounts) | March 31,2024 | December 31,2023 |
|---|---|---|
| ASSETS | ||
| Cash and due from banks | $19,401 | $53,062 |
| Interest-bearing deposits in other banks | 210,404 | 252,364 |
| Total Cash and Cash Equivalents | 229,805 | 305,426 |
| Securities available-for-sale, at fair value (amortized cost of $611,240 and $632,258, respectively) | 545,967 | 570,092 |
| Securities held-to-maturity, at amortized cost (fair value of $114,784 and $119,029, respectively) | 139,328 | 141,236 |
| Equity securities, at fair value | 2,934 | 2,965 |
| Nonmarketable equity securities | 2,261 | 2,239 |
| Loans held for sale | 1,653 | 1,306 |
| Loans held for investment | 2,038,072 | 1,992,858 |
| Allowance for credit losses | (21,564) | (21,336) |
| Premises and equipment, net | 57,539 | 57,088 |
| Accrued interest receivable | 9,995 | 9,945 |
| Bank-owned life insurance | 29,731 | 29,529 |
| Intangible assets | 1,546 | 1,546 |
| Right-of-use assets | 3,091 | 3,629 |
| Other assets | 32,940 | 32,287 |
| Total Assets | $3,073,298 | $3,128,810 |
| LIABILITIES | ||
| Noninterest-bearing deposits | $895,439 | $916,456 |
| Interest-bearing deposits | 1,850,452 | 1,885,432 |
| Total Deposits | 2,745,891 | 2,801,888 |
| Accrued interest payable | 8,959 | 8,000 |
| Lease liabilities | 3,215 | 3,767 |
| Accrued expenses and other liabilities | 15,919 | 11,304 |
| Total Liabilities | 2,773,984 | 2,824,959 |
| COMMITMENTS AND CONTINGENCIES | — | — |
| STOCKHOLDERS’ EQUITY | ||
| Preferred stock, no par value:Authorized - 1,000,000 shares; None Issued and Outstanding | — | — |
| Common stock, no par value:Authorized - 30,000,000 shares;Issued and Outstanding - 6,892,448 and 7,091,637 shares, respectively | 45,177 | 55,136 |
| Additional paid-in capital | 2,485 | 2,407 |
| Retained earnings | 314,352 | 306,802 |
| Accumulated other comprehensive income (loss) | (62,700) | (60,494) |
| Total Stockholders’ Equity | 299,314 | 303,851 |
| Total Liabilities and Stockholders’ Equity | $3,073,298 | $3,128,810 |
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