Red River Bancshares, Inc. (RRBI) SEC Filings & Earnings Calls

Credit quality deterioration from macroeconomic headwinds

“The provision for credit losses for the six months ended June 30, 2026 was $1.5 million for loans, an increase of $600,000, or 66.7%, from $900,000 for the six months ended June 30, 2025. The increase for the first six months of 2026 was due to lingering impacts related to inflation and tariffs, geopolitical uncertainty, greater uncertainty with future labor”

Deposit outflow pressure

“Total deposits decreased $58.3 million, or 2.0%, to $2.91 billion as of June 30, 2026, from $2.96 billion as of December 31, 2025. This decrease was primarily a result of the seasonal outflow of funds from public entity customers and customer income tax payments.” · word for word

Operating expense inflation

“Operating expenses increased $1.0 million to $18.3 million for the second quarter of 2026, compared to $17.3 million for the first quarter of 2026.” · word for word

Deposit outflow due to seasonal tax payments and lawyer trust account fluctuations may pressure funding.

“Deposits decreased $40.9M, or 1.4%, primarily due to seasonal outflow of funds from customer income tax payments and fluctuations in lawyer trust accounts.”

SBIC partnership losses may continue to fluctuate, impacting noninterest income.

“SBIC partnerships reported a loss of $291,000 in Q2 2026, compared to a loss of $105,000 in the prior quarter. We expect SBIC income or loss to fluctuate in future quarters.”

Credit risk from loan growth and economic uncertainty

“The provision for credit losses in the first quarter of 2026 was due to continued loan growth, lingering impacts related to inflation and tariffs, geopolitical uncertainty, and greater uncertainty with future labor market trends.” · word for word

Interest rate risk from securities portfolio unrealized losses

“The net unrealized loss on securities AFS increased $3.2 million for the three months ended March 31, 2026, resulting in a net unrealized loss of $46.4 million as of March 31, 2026.” · word for word

Geopolitical uncertainty (Iran) could impact economy and interest rates.

“CEO: 'world events in March 2026... increasing oil, gas, and energy prices are impacting inflation and could influence future interest rates.'”

Seasonal deposit outflows from public entity customers.

“Deposits down $17.5 million primarily due to seasonal outflow of funds from public entity customers.”

Credit quality uncertainty from inflation and tariffs

“In 2025, the higher provision was primarily driven by loan growth, lingering impacts related to inflation and tariffs, and greater uncertainty with future unemployment.” · word for word

Interest rate risk from securities portfolio

“The fair value of our investment securities can fluctuate due to factors outside of our control, which could have a material adverse effect on our business and profitability.” · word for word

Geographic concentration in Louisiana

“A decline in available funding could adversely impact our ability to originate loans, invest in securities, meet our expenses, or fulfill obligations such as meeting deposit withdrawal demands or repaying our borrowings.” · word for word

Concentrated ownership

“Simeon A. Thibeaux, Trustee beneficially owns 7.6% of outstanding shares.”

Related party transactions

“The company engaged in stock repurchase agreements with related parties, including S3 Dynamics and the Angela Simpson Trust.”

Interest rate sensitivity: net interest margin improvement may slow if rate cuts accelerate.

“Federal Reserve reduced rates; pace and magnitude of future reductions uncertain.”

Concentration in Louisiana market exposes to regional economic risks.

“Loan activity occurred throughout all Louisiana markets; expansion projects in Shreveport and Acadiana.”

Credit loss provision increase due to inflation and tariff uncertainty

“The provision for credit losses for the third quarter of 2025 was $650,000 for loans, which was $200,000 higher than the provision for credit losses from the prior quarter. This higher provision was primarily driven by loan growth, lingering impacts related to inflation and tariffs, and greater uncertainty with future unemployment.” · word for word

Deposit cost pressure from public entity competition

“The cost of deposits increased 2 bps to 1.58% for the third quarter of 2025, compared to 1.56% for the previous quarter, which was driven by higher rates on interest-bearing transaction accounts due to public entity deposit pricing competition.” · word for word

Interest rate sensitivity: entering lower rate environment with uncertain pace of future cuts.

“Federal Reserve reduced rates by 25bps; pace and magnitude of future reductions uncertain.”

Concentration in Louisiana market exposes to regional economic risks.

“Loan activity throughout Louisiana markets; expansion projects in Shreveport and Lafayette.”