RED RIVER BANCSHARES INC
For the period ended Sep 30, 2024. Filed Nov 8, 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.
Sep 30, 2024 · Filed Nov 8, 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) | September 30,2024 | December 31,2023 |
|---|---|---|
| ASSETS | ||
| Cash and due from banks | $39,664 | $53,062 |
| Interest-bearing deposits in other banks | 192,983 | 252,364 |
| Total Cash and Cash Equivalents | 232,647 | 305,426 |
| Securities available-for-sale, at fair value (amortized cost of $610,008 and $632,258, respectively) | 560,555 | 570,092 |
| Securities held-to-maturity, at amortized cost (fair value of $116,859 and $119,029, respectively) | 134,145 | 141,236 |
| Equity securities, at fair value | 3,028 | 2,965 |
| Nonmarketable equity securities | 2,305 | 2,239 |
| Loans held for sale | 1,805 | 1,306 |
| Loans held for investment | 2,056,048 | 1,992,858 |
| Less: Allowance for credit losses | (21,757) | (21,336) |
| Loans held for investment, net | 2,034,291 | 1,971,522 |
| Premises and equipment, net | 57,661 | 57,088 |
| Accrued interest receivable | 9,465 | 9,945 |
| Bank-owned life insurance | 30,164 | 29,529 |
| Intangible assets | 1,546 | 1,546 |
| Right-of-use assets | 2,853 | 3,629 |
| Other assets | 31,285 | 32,287 |
| Total Assets | $3,101,750 | $3,128,810 |
| LIABILITIES | ||
| Noninterest-bearing deposits | $882,394 | $916,456 |
| Interest-bearing deposits | 1,864,731 | 1,885,432 |
| Total Deposits | 2,747,125 | 2,801,888 |
| Accrued interest payable | 11,751 | 8,000 |
| Lease liabilities | 2,982 | 3,767 |
| Accrued expenses and other liabilities | 15,574 | 11,304 |
| Total Liabilities | 2,777,432 | 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 - 6,826,120 and 7,091,637 shares, respectively | 41,402 | 55,136 |
| Additional paid-in capital | 2,682 | 2,407 |
| Retained earnings | 329,858 | 306,802 |
| Accumulated other comprehensive income (loss) | (49,624) | (60,494) |
| Total Stockholders’ Equity | 324,318 | 303,851 |
| Total Liabilities and Stockholders’ Equity | $3,101,750 | $3,128,810 |
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