Red River Bancshares Q2: NIM Expands 10 bps, NPAs Drop 38%, Two New Directors Join

summarizeSummary

Red River Bancshares reported Q2 2026 net income of $11.8M ($1.78 EPS), with net interest margin expanding 10 bps to 3.61% and nonperforming assets dropping 38% to just 0.08% of assets. Two new directors were appointed, and the company completed its Northwest market expansion.

check_boxKey Events · Earnings and Guidance · RRBI

• Q2 Net Income $11.8M, EPS $1.78

  Net income of $11.76M ($1.78 diluted EPS) decreased 1.7% from Q1 2026 but increased 15.4% from Q2 2025. H1 2026 net income of $23.7M ($3.59 EPS) rose 15.5% YoY.

• Net Interest Margin Expands 10 bps to 3.61%

  Driven by higher loan yields and lower deposit costs, net interest margin FTE improved to 3.61% from 3.51% in Q1 2026. Management expects slight further improvement in H2 2026.

• Asset Quality Strengthens: NPAs Fall 38% to 0.08% of Assets

  Nonperforming assets dropped $1.6M to $2.6M, or 0.08% of total assets, due to successful resolution of problem loans. Net charge-offs remained at 0.00%.

• Two New Directors Appointed; Founding Director Retires

  A. Peyton Bush, IV and R. Chance DeWitt, M.D. joined the boards of the Company and Bank, replacing retiring founding director Kirk D. Cooper.

auto_awesomeAnalysis · RRBI · Finance

Red River Bancshares posted solid Q2 results, with net interest margin expanding 10 basis points to 3.61% and nonperforming assets falling sharply to just 0.08% of assets. While net income dipped slightly from a record Q1 due to expected expense normalization, it rose 15.4% year-over-year. The balance sheet remains well-positioned for a 'higher for longer' rate environment, and management guided for slightly higher NII and NIM in the second half of 2026. Two new directors joined the board, and the company completed key market expansion projects. Trading near its 52-week high, the stock reflects strong execution and credit quality.