Red River Bancshares, Inc. Reports Third Quarter 2026 Financial Results
Key Highlights
- ➤Q3 net income $12.6 million, EPS $1.90, up 16.3% year over year
- ➤Loans HFI $2.32 billion, up 2.6% from June 30, 2026
- ➤Deposits $2.96 billion, up 1.9%, driven by higher commercial balances
- ➤Nonperforming assets $5.6 million, up 113.4%, reaching 0.17% of assets
- ➤Q4 2026 net interest income and margin expected to increase slightly
Expert Statements
Blake Chatelain, President and Chief Executive Officer of Red River Bancshares, Inc.
“The third quarter of 2026 was very productive, and we are certainly pleased with our financial results. We experienced record-high quarterly net income and EPS, along with solid balance sheet activity and growth.”
Blake Chatelain, President and Chief Executive Officer of Red River Bancshares, Inc.
“In the third quarter of 2026, we saw an increase in loan demand throughout all of our markets, which positively impacted the loan portfolio, as well as the current loan pipeline. The deposit portfolio benefited from higher commercial deposit account balances, combined with the addition of new customers and accounts.”
Blake Chatelain, President and Chief Executive Officer of Red River Bancshares, Inc.
“When 2026 began, we expected a slowly decreasing interest rate environment; however, that shifted to a ‘higher for longer’ rate environment during the summer. Depending on the pace and magnitude of rate changes and the corresponding shift to the yield curve, this environment should benefit the Company. The balance sheet is positioned for a steady, higher rate environment as we price assets at higher rates, while managing the cost of deposits.”
Blake Chatelain, President and Chief Executive Officer of Red River Bancshares, Inc.
“Our organic expansion plan has been very productive in 2026, as we believe it’s a great time to continue investing for future growth. In May 2026, we completed the Northwest market relocation project, and in July 2026, we completed the New Orleans downtown move into the Energy Centre Building. Construction on our new banking center in the Acadiana market is progressing well. We also recently acquired an existing banking center building in Slidell, Louisiana, which we expect to become our second full-service banking center in the Northshore market. We look forward to opening both of these locations in the first quarter of 2027. On the talent front, we have recruited several new bankers across our markets as we continue to expand our Red River Bank team.”
Blake Chatelain, President and Chief Executive Officer of Red River Bancshares, Inc.
“I also want to mention the positive Louisiana economic activity news. There are many significant capital projects that have been announced in the past few years throughout Louisiana. We can identify over $250.0 billion of capital investments in a variety of industries that are in process of being built or in the planning stages. We are excited about the potential financial impact to Louisiana residents, communities, and the state from these investments.”
Blake Chatelain, President and Chief Executive Officer of Red River Bancshares, Inc.
“As we wrap up 2026, we are well-positioned for the future, with solid earnings and robust capital, combined with an expanded banking center network and dedicated bankers. We remain committed to serving our customers, growing, and providing steady financial results for our shareholders.”
ALEXANDRIA, La., Oct. 30, 2026 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (the “Company”) (Nasdaq: RRBI), the holding company for Red River Bank (the “Bank”), announced today its unaudited financial results for the third quarter of 2026.
Net income for the third quarter of 2026 was $12.6 million, or $1.90 per diluted common share (“EPS”), an increase of $800,000 or 6.8%, compared to $11.8 million, or $1.78 EPS, for the second quarter of 2026, and an increase of $1.8 million, or 16.3%, compared to $10.8 million, or $1.63 EPS, for the third quarter of 2025. For the third quarter of 2026, the quarterly return on assets was 1.48%, and the quarterly return on equity was 12.84%.
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