Red River Bancshares, Inc. has reported its unaudited financial results for the fourth quarter of 2025, showing a net income of $11.4 million, or $1.73 per diluted common share, compared to $10.8 million, or $1.63 per diluted common share, for the third quarter of 2025. For the full year ended December 31, 2025, the company reported a net income of $42.8 million, or $6.38 per diluted common share, compared to $34.2 million, or $4.95 per diluted common share, for the year ended December 31, 2024.
The return on assets for the fourth quarter of 2025 was 1.38%, and the return on equity was 12.60%. For the full year ended December 31, 2025, the return on assets was 1.33%, and the return on equity was 12.58%.
In the fourth quarter of 2025, the company experienced record-high quarterly net income, an improved net interest margin, and solid growth in loans, deposits, and assets. Loans held for investment were $2.25 billion, up $75.6 million, or 3.5%, from the previous quarter. Assets were $3.35 billion, up $136.5 million, or 4.2%, from the previous quarter, driven by a $124.6 million increase in deposits, which totaled $2.96 billion as of December 31, 2025.
The company paid a quarterly cash dividend of $0.15 per common share in the fourth quarter of 2025, and the cash dividend for the full year was $0.54 per common share, representing a 50.0% increase from the previous year.
Red River Bancshares, Inc. also renewed and increased its stock repurchase program for 2026, authorizing the purchase of up to $10.0 million of outstanding shares of common stock from January 1, 2026, through December 31, 2026.
The net interest income for the fourth quarter of 2025 was $28.2 million, up $1.4 million, or 5.0%, from the third quarter. The net interest margin increased to 3.51%, driven by higher loan balances and yields, as well as an increase in securities income and a decrease in interest expense.
Noninterest income totaled $4.9 million for the fourth quarter of 2025, down $76,000, or 1.5%, from the previous quarter. Operating expenses totaled $18.3 million for the fourth quarter, up $362,000, or 2.0%, from the previous quarter.
The company's loans held for investment increased by 3.5% in the fourth quarter of 2025, and nonperforming assets totaled $3.5 million as of December 31, 2025, an increase of 44.9% from the previous quarter.
Deposits as of December 31, 2025, were $2.96 billion, an increase of $124.6 million, or 4.4%, compared to September 30, 2025. The increase in deposits was primarily due to the seasonal inflow of funds from public entity customers and higher customer deposit balances.
Total stockholders' equity as of December 31, 2025, was $365.2 million, compared to $351.3 million as of September 30, 2025, representing a 3.9% increase during the fourth quarter of 2025.
Red River Bancshares, Inc. utilizes certain non-GAAP financial measures to evaluate its operating performance, including tangible book value per share, tangible common equity to tangible assets, and realized book value per share.
The company's president and CEO, Blake Chatelain, expressed satisfaction with the financial results for both the fourth quarter of 2025 and the full year, highlighting the record-high net income and strong loan growth as key contributors to the improved financial performance. He also emphasized the company's growth momentum and organic expansion projects in various markets.
Today the company's shares have moved -0.61% to a price of $75.02. For the full picture, make sure to review RED RIVER BANCSHARES INC's 8-K report.
