Red River Bancshares (RRBI) investor relations material

Executive summary

• Record-high quarterly net income of $12.0 million and diluted EPS of $1.81 for Q1 2026, up 15.6% year-over-year and 4.9% sequentially from Q4 2025.

• Return on assets was 1.44% and return on equity was 12.95% for Q1 2026.

• Quarterly cash dividend increased 66.7% to $0.25 per share.

• Assets remained stable at $3.35 billion; loans held for investment (HFI) were $2.25 billion; deposits totaled $2.95 billion, down 0.6% sequentially.

• Continued organic expansion with new construction projects and leadership appointments.

Financial highlights

• Net interest income rose to $28.4 million, up $3.8 million year-over-year and $163,000 sequentially; net interest margin (FTE) increased to 3.51% from 3.22% year-over-year and was flat sequentially.

• Noninterest income declined $739,000 year-over-year to $4.5 million, mainly due to lower brokerage, SBIC, and partnership income.

• Operating expenses were $17.3 million, up $662,000 year-over-year but down 5.5% sequentially, aided by $590,000 in vendor rebates and refunds.

• Efficiency ratio improved to 52.37% from 55.51% year-over-year and 54.99% in Q4 2025.

• Stockholders’ equity increased $8.2 million to $373.3 million.

Outlook and guidance

• Net interest income and margin expected to increase slightly in Q2 2026, with stable loan yields and deposit costs.

• Management projects redeployment of maturing loans and securities into higher-yielding assets.

• Expectation for resumed loan growth in the remainder of 2026 based on pipeline activity.

• Monitoring global events, especially in Iran, for potential economic impacts including inflation and interest rates.

• No material changes to risk factors or guidance disclosed.