Red River Bancshares, Inc. (RRBI)

Red River Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	108.97	93.44	75.83	67.92	69.23
Interest Income on Investments	28.26	25.13	18.55	9.42	8.15
Total Interest Income	137.23	118.57	94.38	77.34	77.38
Interest Paid on Deposits	47.94	32.07	7.74	5.62	8.36
Interest Paid on Borrowings	-	0.06	-	-	0.02
Total Interest Expense	47.94	32.13	7.74	5.62	8.38
Net Interest Income	89.29	86.44	86.64	71.72	69
Net Interest Income Growth (YoY)	3.30%	-0.23%	20.80%	3.94%	8.42%
Mortgage Banking Activities	2.49	1.97	3.1	8.68	8.4
Gain (Loss) on Sale of Assets	-	-	-	-	-0.31
Gain (Loss) on Sale of Investments	-0.03	-0.01	-0.53	0.02	1.53
Other Non-Interest Income	12.45	13.39	10.61	11.02	9.14
Total Non-Interest Income	20.59	21.11	18.75	24.49	22.86
Non-Interest Income Growth (YoY)	-2.50%	12.63%	-23.46%	7.16%	43.12%
Revenues Before Loan Losses	109.88	107.55	105.39	96.22	91.86
Provision for Loan Losses	1.2	0.74	1.75	1.9	6.29
Revenue	108.68	106.82	103.64	94.32	85.56
Revenue Growth (YoY)	1.74%	3.07%	9.88%	10.23%	9.98%
Salaries and Employee Benefits	38.19	36.88	34.2	32.13	30.82
Occupancy Expenses	6	5.68	5.48	4.89	4.56
Federal Deposit Insurance	1.65	1.65	1.06	0.93	0.54
Selling, General & Administrative	12.58	11.75	10.62	9.43	9.43
Other Non-Interest Expense	7.57	7.66	7.3	6.87	5.75
Total Non-Interest Expense	65.99	63.62	58.66	54.26	51.1
EBT Excluding Unusual Items	42.69	43.2	44.98	40.06	34.47
Other Unusual Items	-0.31	-0.26	-	-	-
Pretax Income	42.38	42.94	44.98	40.06	34.47
Income Tax Expense	8.15	8.07	8.07	7.11	6.32
Net Income	34.24	34.88	36.92	32.95	28.15
Net Income to Common	34.24	34.88	36.92	32.95	28.15
Net Income Growth	-1.85%	-5.52%	12.03%	17.08%	13.38%
Basic Shares Outstanding	7	7	7	7	7
Diluted Shares Outstanding	7	7	7	7	7
Shares Change (YoY)	-3.67%	-0.22%	-1.40%	-0.62%	3.23%
EPS (Basic)	4.96	4.87	5.14	4.53	3.84
EPS (Diluted)	4.95	4.86	5.13	4.51	3.83
EPS Growth	1.85%	-5.26%	13.75%	17.76%	9.74%
Dividend Per Share	0.360	0.320	0.280	0.280	0.240
Dividend Growth	12.50%	14.29%	-	16.67%	20.00%
Effective Tax Rate	19.22%	18.78%	17.93%	17.74%	18.34%

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q