Red River Bancshares Balance Sheet Health
Financial Health criteria checks 6/6
Red River Bancshares has total assets of $3.1B and total equity of $303.9M. Total deposits are $2.8B, and total loans are $2.0B. It earns a Net Interest Margin of 2.9%. It has sufficient allowance for bad loans, which are currently at 0.1% of total loans. Cash and short-term investments are $305.4M.
Key information
10.3x
Asset to equity ratio
2.9%
Net interest margin
Total deposits | US$2.80b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.1% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$305.43m |
Recent financial health updates
No updates
Recent updates
Here's Why We Think Red River Bancshares (NASDAQ:RRBI) Is Well Worth Watching
May 23Red River Bancshares declares $0.07 dividend
Aug 25Is Now The Time To Put Red River Bancshares (NASDAQ:RRBI) On Your Watchlist?
Mar 09Trade Alert: The Independent Director Of Red River Bancshares, Inc. (NASDAQ:RRBI), Barry Hines, Has Sold Some Shares Recently
Feb 11How Much Did Red River Bancshares'(NASDAQ:RRBI) Shareholders Earn From Share Price Movements Over The Last Year?
Feb 01Red River Bancshares EPS beats by $0.10, beats on revenue
Jan 29Is Red River Bancshares, Inc. (NASDAQ:RRBI) Popular Amongst Insiders?
Dec 28Red River Bancshares declares $0.06 dividend
Nov 19Have Insiders Sold Red River Bancshares, Inc. (NASDAQ:RRBI) Shares Recently?
Nov 19Red River Bancshares EPS beats by $0.27, beats on revenue
Oct 29Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: RRBI's Assets to Equity ratio (10.3x) is moderate.
Allowance for Bad Loans: RRBI has a sufficient allowance for bad loans (842%).
Low Risk Liabilities: 99% of RRBI's liabilities are made up of primarily low risk sources of funding.
Loan Level: RRBI has an appropriate level of Loans to Assets ratio (63%).
Low Risk Deposits: RRBI's Loans to Deposits ratio (70%) is appropriate.
Level of Bad Loans: RRBI has an appropriate level of bad loans (0.1%).