Red River Bancshares, Inc. (NASDAQ: RRBI) is a Louisiana bank holding company that provides commercial, retail, and private banking products and services through its wholly owned subsidiary, Red River Bank. The company earns revenue primarily through net interest income on loans and deposits, supplemented by noninterest income from banking fees and services. Founded in 1998 and headquartered in Alexandria, Louisiana, Red River Bancshares operates a network of banking centers concentrated in key metropolitan markets across Louisiana, competing against national and regional banks that have shifted toward digital-only platforms. As of December 31, 2025, the loan portfolio included commercial real estate, commercial and industrial loans (17.5% of loans held for investment), tax-exempt loans to Louisiana political subdivisions (2.6% of loans HFI), consumer loans, and energy loans ($27.7 million, or 1.2% of loans HFI). The bank has grown through de novo development and two whole-bank acquisitions, targeting commercial operating companies and individuals underserved by larger institutions.

Revenue model

Net interest income from loans and deposits is the primary revenue driver. Secondary revenue comes from noninterest income sources including fees related to banking services. Provision for credit losses was $2.3 million for the year ended December 31, 2025, up from $1.2 million for the year ended December 31, 2024.

Products and services

Commercial and industrial loans, commercial real estate loans, tax-exempt loans to Louisiana political subdivisions, consumer loans, energy loans, retail banking deposits, and private banking services.

Customers and end markets

Commercial operating companies, individual retail borrowers, and political subdivisions of Louisiana including parishes, municipalities, utility districts, school districts, and development authorities. The bank targets customers in key Louisiana metropolitan markets it considers underserved by national and regional competitors.

Value-chain role

Community bank and deposit-taking lender. Funds loans primarily through customer deposits. Secondary liquidity sources include borrowings from the Federal Home Loan Bank of Dallas, the Federal Reserve Bank Discount Window facility, and correspondent financial institutions. The bank has historically not used brokered or internet deposits.

Geographic exposure

Operations concentrated entirely in Louisiana, with banking centers in diverse metropolitan markets across the state. The company acknowledges meaningful exposure to Louisiana-specific risks including oil and gas industry volatility and natural disasters such as hurricanes and floods.

Competitors

National banks, Regional banks

Source: SEC 10-K, filed 2026-03-13

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