Red River Bancshares, Inc. Announces Unaudited Consolidated Earnings for the Fourth Quarter and Full Year Ended December 31, 2020
January 29, 2021 at 01:30 pm
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Red River Bancshares, Inc. announced unaudited consolidated earnings for the fourth quarter and full year ended December 31, 2020. For the quarter, the company reported total interest and dividend income of $20,526,000 against $18,784,000 a year ago. Net interest income was $18,661,000 against $16,343,000 a year ago. Net Income was $7,261,000 or $0.99 per diluted common share against $6,743,000 or $0.92 per diluted common share a year ago.
For the year, the company reported total interest and dividend income of $77,378,000 against $73,725,000 a year ago. Net interest income was $69,000,000 against $63,639,000 a year ago. Net Income was $28,145,000 or $3.83 per diluted common share against $24,824,000 or $3.49 per diluted common share a year ago.
Red River Bancshares, Inc. is the bank holding company for Red River Bank (the Bank). The Bank is a Louisiana state-chartered bank that provides a fully integrated suite of banking products and services tailored to the needs of commercial and retail customers. The Bank operates from a network of approximately 27 banking centers throughout Louisiana and one combined loan and deposit production office in New Orleans, Louisiana. It targets privately-owned commercial and industrial operating companies for both credit and treasury management services, while also providing owners and employees with the same customized, personal service for their individual financial needs. It offers a range of deposit products, including checking, savings, money market accounts, and time deposits. It offers real estate loans, commercial and industrial loans, tax-exempt loans, consumer loans, and loans held for sale. It also offers online banking services, night deposits, telephone, mail, and mobile banking.
RED RIVER BANCSHARES, INC. 
