ALEXANDRIA, La. (AP) _ Red River Bancshares Inc. (RRBI) on Friday reported fourth-quarter profit of $7.3 million.
The Alexandria, Louisiana-based bank said it had earnings of 99 cents per share.
The holding company for Red River Bank posted revenue of $26.7 million in the period. Its revenue net of interest expense was $24.9 million, which topped Street forecasts.
For the year, the company reported profit of $28.1 million, or $3.83 per share. Revenue was reported as $92.2 million.
Red River Bancshares shares have increased roughly 1% since the beginning of the year. The stock has decreased almost 8% in the last 12 months.
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