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    RED RIVER BANCSHARES (RRBI)

    Red River Bancshares, Inc. (RRBI) is a Louisiana-based bank holding company founded in 1998, operating through its subsidiary, Red River Bank. The company provides a fully integrated suite of banking products and services tailored to commercial and retail customers. RRBI focuses on relationship-oriented banking, offering diverse loan and deposit solutions to meet the needs of its clients.

    1. Commercial Real Estate Loans - Provides financing for commercial real estate purposes, supporting businesses in acquiring or developing properties.
    2. One-to-Four Family Residential Loans - Offers mortgage loans and home equity lines of credit primarily for owner-occupied residences.
    3. Construction and Development Loans - Funds construction projects for owner-occupied facilities, CRE investment properties, residential developments, and single-family homes.
    4. Commercial and Industrial Loans - Delivers financing solutions for commercial operating companies, including working capital and fixed asset acquisition needs.
    5. Tax-Exempt Loans - Provides loans to political subdivisions of Louisiana, secured by ad valorem taxes.
    6. Consumer Loans - Offers loans for personal, family, and household purposes, including secured and unsecured installment loans.
    7. Loans Held for Sale - Originates home mortgage loans through its mortgage lending group for sale.

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    NamePositionExternal RolesShort Bio

    Bryon C. Salazar

    ExecutiveBoard

    Executive Vice President — Chief Banking Officer

    Bryon C. Salazar has served as Executive Vice President — Chief Banking Officer at RRBI since 1998 and also fulfills board responsibilities as a Director and Chair of the Directors’ Loan Committee.

    David K. Thompson

    ExecutiveBoard

    Capital Market President

    President and Board Member, Baton Rouge Chapter, Risk Management Association

    David K. Thompson is the Capital Market President at Red River Bank since 2015. He previously served as the Baton Rouge Commercial Group Leader at IBERIABANK from 2008 to 2015 and as the Commercial and Industrial Group Manager for the Baton Rouge Market at Regions Bank from 1999 to 2008.

    R. Blake Chatelain

    ExecutiveBoard

    President, Chief Executive Officer

    Board of Directors of Financial Institution Service Corporation; Director and member of the Executive Committee of the Louisiana Association of Business and Industry

    R. Blake Chatelain has been serving as the President, Chief Executive Officer, and a director at RRBI since 1998. He previously served as Executive Vice President at Rapides Bank & Trust Company and as Vice President at Hibernia National Bank, accumulating over 43 years of banking experience.

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    Andrew B. Cutrer

    Executive

    Senior Vice President

    Andrew B. Cutrer has served as Senior Vice President at RRBI and as Senior Vice President and Director of Human Resources at Red River Bank since 2001, and previously held the role of Director of Human Resources at Bunkie General Hospital.

    Debbie B. Triche

    Executive

    Senior Vice President and Retail Administrator

    Board of Trustees member of Rapides Regional Medical Center

    Debbie B. Triche has served as Senior Vice President and Retail Administrator at Red River Bank since 2000, and she brings extensive banking expertise from previous roles at Rapides Bank & Trust Company and Hancock Bank.

    G. Bridges Hall

    Executive

    Senior Vice President and Chief Credit Policy Officer

    G. Bridges Hall, IV is the Senior Vice President and Chief Credit Policy Officer at RRBI, having joined the bank in 2006 as a commercial lender in the Shreveport market. He previously served as Northwest Market President until March 2021 and chairs the Directors’ Loan Committee.

    Isabel V. Carriere

    Executive

    Executive Vice President, Chief Financial Officer, and Assistant Corporate Secretary

    CFO of RRBI since 1999, bringing extensive expertise in financial planning, reporting, and auditing; previously served in financial planning and reporting roles at Whitney National Bank and First Commerce Corporation.

    Julia E. Callis

    Executive

    Senior Vice President, General Counsel, and Corporate Secretary

    Board Member, Public Affairs Research Council of Louisiana; Board Member, Central Louisiana Technical Community College Foundation

    Julia E. Callis has served as Senior Vice President, General Counsel, and Corporate Secretary at RRBI since 2020. She previously held roles at Cleco Corporate Holdings LLC as General Counsel and Chief Compliance Officer (2016-2020) and at Cleco Corporation as Associate General Counsel and Corporate Secretary (2012-2016).

    Tammi R. Salazar

    Executive

    Executive Vice President — Chief Operating Officer

    Children's Advocacy Network; River Oaks Art Center; Christus Cabrini Foundation

    Tammi R. Salazar is the Executive Vice President — Chief Operating Officer at Red River Bank, a role she assumed in 2021 after joining the institution in 1998. She previously served as Executive Vice President — Private Banking, Mortgage, and Investments, contributing significantly to the bank’s growth.

    Anna Brasher Moreau

    Board

    director

    Managing Partner at Alexandria Pediatric Dentistry

    Anna Brasher Moreau, D.D.S., M.S., has served as a director at RRBI since 2021 and was appointed to the board on February 25, 2021. With an extensive background in pediatric dentistry and community leadership, she contributes strategic insights to RRBI.

    Don L. Thompson

    Board

    Director of the Company and the Bank

    Don L. Thompson has served as Director at RRBI since 1998 and holds memberships on the Audit, Compensation, and Executive Committees. He is also a private investor and was the founder of Thompson Health Services, Inc. until its sale in 2003.

    H. Lindsey Torbett

    Board

    Director

    H. Lindsey Torbett has served as a Director at RRBI since 1998 and currently chairs the Audit Committee, providing key financial oversight. He has extensive experience in accounting and financial consulting, including founding Torbett Financial Strategies, Ltd. in 1997.

    Kirk D. Cooper

    Board

    Director

    Active Member, Exchange Club of Alexandria; Board Member, Rapides Foundation

    Kirk D. Cooper has served as a director at RRBI since 1998 and has a strong background in business and banking; he previously acted as President and part owner of Rent-It Company, Inc. from 1985 to 1998.

    M. Scott Ashbrook

    Board

    Director

    President and Owner of Maison Healthcare Management Co., LLC

    M. Scott Ashbrook has been serving as Director at Red River Bancshares, Inc. since 2013 and is a member of Red River Bank’s Directors’ Loan Committee. He previously served as Chairman and CEO of Fidelity Bancorp, Inc. and Fidelity Bank and is currently the President and Owner of Maison Healthcare Management Co., LLC.

    Michael D. Crowell

    Board

    Director

    President of Crowell Forest Resources, LLC; Current Board Member of the LSUA Foundation; Current Board Member of the Louisiana Forestry Association; Current Board Member of the Southern Forest Heritage Museum; Current Board President of the Forest Landowners Association

    Michael D. Crowell has served as a director at RRBI and Red River Bank since 2022. He also is the President of Crowell Forest Resources, LLC, bringing over 21 years of leadership experience in the timberland industry.

    Michael J. Brown

    Board

    Director

    Director of Amerisafe, Inc.

    Michael J. Brown, C.F.A., currently serves as a Director at RRBI since January 25, 2024. Previously, he held executive roles as President of Regional Banking at First Horizon Bank from 2020 to December 31, 2021 and as Vice Chairman and Chief Operating Officer at IBERIABANK.

    Teddy R. Price

    Board

    Non-executive Chair of the Board

    Teddy R. Price has served as the Non-executive Chair of the Board for RRBI and Red River Bank since 1998. He has extensive experience in leadership, including a previous role as President, CEO, and owner of Central Management Company, Inc. starting in 1986.

    Willie P. Obey

    Board

    director

    Founder and President of Obey Financial Group, LLC; Founder and President of Willie Obey & Associates LLC; General Agent for Assurity Life and Lafayette Life Insurance Companies

    Willie P. Obey has been with RRBI since 1998 as a director and serves on the Audit, Directors' Loan, and Asset/Liability Management Committees. He brings extensive financial expertise from founding and leading Obey Financial Group, LLC (since 1993) and Willie Obey & Associates LLC (since 1980).

    Research analysts covering RED RIVER BANCSHARES.

    Program DetailsProgram 1 (2024)Program 2 (2025)
    Approval DateDecember 14, 2023 December 19, 2024
    End Date/DurationDecember 31, 2024 December 31, 2025
    Total Additional Amount$5.0 million $5.0 million
    Remaining Authorization$0 (fully utilized) $5.0 million (ongoing)
    DetailsRenewed for 2024 Authorized for 2025

    Recent press releases and 8-K filings for RRBI.

    Red River Bancshares, Inc. Reports Q2 2025 Financial Results and Dividend Increase
    ·$RRBI
    Earnings
    Dividends
    Share Buyback
    • Red River Bancshares, Inc. reported net income of $10.2 million and diluted earnings per share of $1.51 for Q2 2025.
    • The company's Net Interest Margin (NIM) FTE increased by 14 basis points to 3.36% in Q2 2025, marking its seventh consecutive quarter of increase.
    • As of June 30, 2025, total assets were $3.17 billion and deposits were $2.81 billion.
    • The company announced a cash dividend of $0.15 per share for Q3 2025, payable in September 2025, representing a 25% increase from the Q2 2025 dividend.
    • Significant stock repurchase activity included a $5.1 million private repurchase of 100,000 shares in May 2025 and a $5.3 million private repurchase of 100,000 shares in August 2025.
    Aug 28, 2025, 9:41 PM
    Red River Bancshares, Inc. Announces Private Stock Repurchase
    ·$RRBI
    Share Buyback
    • Red River Bancshares, Inc. (RRBI) completed a private stock repurchase of 100,000 shares of its common stock for $5.3 million on August 7, 2025.
    • The purchase price of $53.00 per share reflects a discount to the 10-, 20-, and 30-day volume weighted average price on August 1, 2025.
    • This repurchase is supplemental to the Company's previously announced $5.0 million repurchase program and does not impact its remaining capacity.
    • As of August 7, 2025, the Company had approximately $4.3 million of remaining capacity under the existing repurchase program, which is in effect through December 31, 2025.
    Aug 7, 2025, 12:00 AM
    Red River Bancshares, Inc. Reports Second Quarter 2025 Financial Results
    ·$RRBI
    Earnings
    Share Buyback
    • Red River Bancshares, Inc. reported net income of $10.2 million and diluted EPS of $1.51 for the second quarter of 2025. This represents a 27.7% increase in net income and a $0.35 increase in diluted EPS compared to the second quarter of 2024, though net income decreased 1.5% from the first quarter of 2025.
    • The company's net interest income increased by $1.2 million, or 4.9%, to $25.8 million in Q2 2025 compared to the prior quarter, and the net interest margin FTE improved by 14 basis points to 3.36%.
    • As of June 30, 2025, assets totaled $3.17 billion, with loans held for investment increasing 1.1% to $2.14 billion, while deposits slightly decreased by 0.5% to $2.81 billion.
    • Red River Bancshares repurchased 11,748 shares on the open market for $656,000 and completed a privately negotiated repurchase of 100,000 shares for $5.1 million in Q2 2025.
    Jul 30, 2025, 12:00 AM
    Red River Bancshares Announces Quarterly Cash Dividend Increase
    ·$RRBI
    Dividends
    • Red River Bancshares, Inc. (RRBI) announced on July 24, 2025, that its board of directors declared a quarterly cash dividend of $0.15 per share of common stock.
    • This dividend represents an increase of $0.03, or 25%, from the prior quarter's dividend of $0.12 per share.
    • The cash dividend is payable on September 18, 2025, to shareholders of record as of September 8, 2025.
    • Blake Chatelain, President and CEO, stated that the increased dividend reflects the company's continued focus on returning capital to shareholders while maintaining strong capital ratios.
    Jul 24, 2025, 12:00 AM
    Red River Bancshares Inc announces private stock repurchase
    ·$RRBI
    Share Buyback
    • Repurchase agreement executed: The company announced a private transaction to repurchase 100,000 shares for $5.1 million, with the purchase price set at $51.00 per share and reflecting a discount to recent volume weighted average prices.
    • Supplement to existing program: This repurchase is in addition to the already announced $5.0 million repurchase program, with approximately $4.7 million remaining capacity, and is expected to close on or before May 26, 2025.
    May 22, 2025, 12:00 AM
    Red River Bancshares 8-K Annual Meeting Voting Results
    ·$RRBI
    Proxy Vote Outcomes
    Auditor Change
    Board Change
    • The Annual Meeting on May 1, 2025 resulted in detailed voting outcomes, including the election of 10 directors and advisory votes on executive compensation and its frequency, along with the ratification of EisnerAmper LLP as the independent auditor for 2025.
    • The report noted that out of 6,777,657 shares outstanding, 5,197,241 shares were represented in person or by proxy, confirming shareholder participation in these key decisions.
    May 2, 2025, 12:00 AM
    Red River Bancshares Q1 2025 Results & Investor Presentation
    ·$RRBI
    Dividends
    Share Buyback
    New Projects/Investments
    Earnings
    • Q1 2025 highlights: net income of approximately $10.4M and EPS of $1.52, marking sequential improvements .
    • Raised quarterly cash dividend by 33.3% to $0.12 per share, reflecting strong earnings performance .
    • Improved net interest income reached $24.6M with a 13 bps increase in net interest margin .
    • Investor presentation to be held at the 2025 Gulf South Bank Conference on May 14–15, with materials available on the Investor Relations page .
    • Emphasized a disciplined capital management approach, including a stock repurchase program and strategic digital upgrades for future growth .
    Apr 30, 2025, 12:00 AM
    Red River Bancshares Inc Declares Quarterly Dividend
    ·$RRBI
    Dividends
    • Board of Directors declares a quarterly cash dividend of $0.12 per share on February 27, 2025, representing a significant increase from the previous $0.09 dividend.
    • The dividend is set for payment on March 20, 2025, with a record date on March 10, 2025.
    Feb 27, 2025, 12:00 AM