Red River Bank Mortgage Rates, Fees & Info
Alexandria, LA
LEI: 5493006QG55R8V712J33
Tax ID: 72-1426574
5 stars
-
out of 5 stars, based on 42 reviews
Jump to:
Mortgage Data
Bank Data
Overview
Red River Bank is a
smaller
bank
specializing in
Home Purchase and Refi loans.
Red River Bank has a high proportion of conventional loans.
They have an average proportion of FHA loans.
They have a low ratio of USDA loans.
Their top markets include Alexandria, Shreveport, Baton Rouge, New Orleans, and Lake Charles among others. Red River Bank has
an above average
approval rate for mortages when compared nationally.
They have
a below average
pick rate when compared to the same sample of other lendors.
Red River Bank is typically
an average fee
lendor.
Originations
1,775
Origination Dollar Volume (All Markets)
$456,395,000
Employee count
351
Show all (21) awards
×
Red River Bank - 2021
Red River Bank is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
Work for Red River Bank?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
![]()
Relative Rate
Red River Bank's average 30 year fixed rate mortgage of loans were
2.82%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of -0.33%.
Relative Fees
Red River Bank's average total fees for a 30 year fixed rate
mortgage are $4,271.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
| Market |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
|
ALEXANDRIA, LA (FHA|USDA|VA)
|
734
|
$150,850,000 |
$205,518 |
$3,553 |
3.07% |
|
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA)
|
447
|
$107,045,000 |
$239,474 |
$4,114 |
2.92% |
|
BATON ROUGE, LA (FHA|USDA|VA)
|
277
|
$91,595,000 |
$330,668 |
$4,019 |
3.02% |
|
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA)
|
47
|
$25,255,000 |
$537,340 |
$3,478 |
3.15% |
|
LAKE CHARLES, LA (FHA|USDA|VA)
|
48
|
$14,700,000 |
$306,250 |
$3,021 |
3.23% |
|
Outside of Metro Areas
|
81 |
$13,015,000 |
$160,679 |
$3,465 |
3.04% |
|
LAFAYETTE, LA (FHA|USDA|VA)
|
26
|
$10,560,000 |
$406,154 |
$4,430 |
3.03% |
|
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA)
|
7
|
$4,725,000 |
$675,000 |
$7,039 |
3.85% |
|
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA)
|
4
|
$2,580,000 |
$645,000 |
$0 |
3.85% |
|
DeRidder, LA (FHA|USDA|VA)
|
3
|
$2,545,000 |
$848,333 |
$3,585 |
3.01% |
|
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA)
|
9
|
$2,475,000 |
$275,000 |
$5,099 |
2.77% |
|
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA)
|
5
|
$2,365,000 |
$473,000 |
$6,609 |
3.08% |
|
Natchitoches, LA (FHA|USDA|VA)
|
10
|
$2,100,000 |
$210,000 |
$3,245 |
2.88% |
|
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA)
|
3
|
$1,885,000 |
$628,333 |
$4,063 |
2.60% |
|
HAMMOND, LA (FHA|USDA|VA)
|
6
|
$1,850,000 |
$308,333 |
$4,669 |
2.85% |
|
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA)
|
3
|
$1,555,000 |
$518,333 |
$5,202 |
2.83% |
|
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA)
|
4
|
$1,440,000 |
$360,000 |
$2,021 |
2.47% |
|
HOUMA-THIBODAUX, LA (FHA|USDA|VA)
|
4
|
$1,390,000 |
$347,500 |
$3,197 |
3.19% |
|
JACKSON, MS (FHA|USDA|VA)
|
4
|
$1,260,000 |
$315,000 |
$3,267 |
2.97% |
|
HOT SPRINGS, AR (FHA|USDA|VA)
|
1
|
$1,255,000 |
$1,255,000 |
$3,452 |
3.38% |
|
RENO, NV (FHA|USDA|VA)
|
1
|
$1,105,000 |
$1,105,000 |
$17,944 |
2.95% |
|
Minden, LA (FHA|USDA|VA)
|
5
|
$1,015,000 |
$203,000 |
$3,649 |
2.55% |
|
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA)
|
3
|
$945,000 |
$315,000 |
$3,091 |
2.92% |
|
GULFPORT-BILOXI, MS (FHA|USDA|VA)
|
2
|
$920,000 |
$460,000 |
$2,978 |
3.75% |
|
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA)
|
2
|
$900,000 |
$450,000 |
$12,024 |
2.44% |
|
COLORADO SPRINGS, CO (FHA|USDA|VA)
|
1
|
$715,000 |
$715,000 |
$2,809 |
2.75% |
|
MONROE, LA (FHA|USDA|VA)
|
3
|
$675,000 |
$225,000 |
$3,245 |
2.79% |
|
WACO, TX (FHA|USDA|VA)
|
1
|
$665,000 |
$665,000 |
$5,657 |
3.90% |
|
MEMPHIS, TN-MS-AR (FHA|USDA|VA)
|
1
|
$655,000 |
$655,000 |
$10,381 |
3.13% |
|
CHATTANOOGA, TN-GA (FHA|USDA|VA)
|
2
|
$650,000 |
$325,000 |
$3,523 |
2.44% |
|
Natchez, MS-LA (FHA|USDA|VA)
|
2
|
$620,000 |
$310,000 |
$6,664 |
3.08% |
|
Opelousas, LA (FHA|USDA|VA)
|
3
|
$605,000 |
$201,667 |
$3,802 |
2.83% |
|
Ruston, LA (FHA|USDA|VA)
|
3
|
$515,000 |
$171,667 |
$3,302 |
3.50% |
|
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA)
|
2
|
$480,000 |
$240,000 |
$5,233 |
2.44% |
|
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA)
|
1
|
$475,000 |
$475,000 |
$280 |
2.63% |
|
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA)
|
1
|
$455,000 |
$455,000 |
$3,169 |
2.38% |
|
Heber, UT (FHA|USDA|VA)
|
1
|
$435,000 |
$435,000 |
$3,233 |
2.38% |
|
Jennings, LA (FHA|USDA|VA)
|
1
|
$405,000 |
$405,000 |
$4,176 |
2.50% |
|
WICHITA, KS (FHA|USDA|VA)
|
1
|
$395,000 |
$395,000 |
$15,379 |
2.25% |
|
COLUMBIA, MO (FHA|USDA|VA)
|
1
|
$345,000 |
$345,000 |
$2,237 |
3.38% |
|
Magnolia, AR (FHA|USDA|VA)
|
1
|
$335,000 |
$335,000 |
$8,156 |
2.25% |
|
Pahrump, NV (FHA|USDA|VA)
|
1
|
$335,000 |
$335,000 |
$3,195 |
2.50% |
|
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA)
|
1
|
$325,000 |
$325,000 |
$4,647 |
3.38% |
|
Morgan City, LA (FHA|USDA|VA)
|
1
|
$305,000 |
$305,000 |
$3,056 |
2.50% |
|
Picayune, MS (FHA|USDA|VA)
|
2
|
$250,000 |
$125,000 |
$0 |
4.25% |
|
CHARLOTTESVILLE, VA (FHA|USDA|VA)
|
1
|
$245,000 |
$245,000 |
$2,919 |
2.50% |
|
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA)
|
1
|
$235,000 |
$235,000 |
$11,101 |
2.50% |
|
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA)
|
1
|
$215,000 |
$215,000 |
$3,375 |
2.88% |
|
Columbus, MS (FHA|USDA|VA)
|
1
|
$175,000 |
$175,000 |
$2,770 |
3.50% |
|
COLUMBIA, SC (FHA|USDA|VA)
|
1
|
$175,000 |
$175,000 |
$2,740 |
2.95% |
|
LONGVIEW, TX (FHA|USDA|VA)
|
1
|
$155,000 |
$155,000 |
$2,790 |
3.00% |
|
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA)
|
1
|
$135,000 |
$135,000 |
$3,970 |
2.25% |
|
SPRINGFIELD, MO (FHA|USDA|VA)
|
1
|
$55,000 |
$55,000 |
$0 |
4.50% |
|
Fort Polk South, LA (FHA|USDA|VA)
|
1
|
$35,000 |
$35,000 |
$1,313 |
4.90% |
Red River Bank's top markets include Alexandria, Shreveport, Baton Rouge, New Orleans, and Lake Charles among others.
Product Mix
| Loan Type |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| Conventional |
1,431 |
$381,675,000 |
$266,719 |
$3,176 |
3.13% |
| FHA |
151 |
$28,345,000 |
$187,715 |
$6,536 |
2.65% |
| VA |
100 |
$30,210,000 |
$302,100 |
$6,317 |
2.47% |
| USDA |
93 |
$16,165,000 |
$173,817 |
$5,094 |
2.54% |
For the 2021 period, Red River Bank's most frequently
originated loan type
of loans were Conventional, with 1,431 originations.
Their 2nd most popular type is FHA,
with 151 originations.
Loan Reason
| Loan Reason |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| Home Purchase |
1,007 |
$267,015,000 |
$265,159 |
$4,454 |
3.02% |
| Refi |
532 |
$143,950,000 |
$270,583 |
$3,036 |
2.96% |
| Cash Out Refi |
168 |
$36,690,000 |
$218,393 |
$3,390 |
2.82% |
| Other |
39 |
$6,355,000 |
$162,949 |
$2,062 |
3.63% |
| Home Improvement |
29 |
$2,385,000 |
$82,241 |
$1,014 |
4.41% |
For the 2021, Red River Bank's most frequently cited loan
purpose
of loans were Home Purchase, with 1,007
originations.
The 2nd most popular reason of loans were Refi,
with 532 originations.
Loan Duration/Length
| Loan Length |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| 30 Year |
962 |
$216,810,000 |
$225,374 |
$4,271 |
2.82% |
| 15 Year |
350 |
$119,530,000 |
$341,514 |
$3,622 |
2.54% |
| Other |
156 |
$44,820,000 |
$287,308 |
$1,824 |
4.11% |
| 5 Year |
134 |
$20,120,000 |
$150,149 |
$576 |
4.33% |
| 20 Year |
91 |
$31,705,000 |
$348,407 |
$3,851 |
2.93% |
| 10 Year |
55 |
$17,075,000 |
$310,455 |
$3,131 |
2.82% |
| 1 Year |
26 |
$5,860,000 |
$225,385 |
$0 |
4.52% |
| 3 Year |
1 |
$475,000 |
$475,000 |
$1,361 |
2.60% |
For the 2021, Red River Bank's most frequently cited loan
length
of loans were 30 Year, with 962 originations.
The 2nd most popular length of loans were 15 Year,
with 350 originations.
Origination Fees
| Origination Fee |
Originations |
Total Value |
Average Loan |
| $<1k |
1,297 |
$320,795,000 |
$247,336 |
| $1k-2k |
215 |
$45,505,000 |
$211,651 |
| $5k+ |
26 |
$20,600,000 |
$792,308 |
| $3k-4k |
22 |
$8,990,000 |
$408,636 |
| $2k-3k |
18 |
$7,000,000 |
$388,889 |
$4,271 of loans were Red River Bank's
average total fees, while their most
frequently occuring range of origination fees were in the
$<1k bucket,
with 1,297 originations.
Interest Rates
| Loan Rate |
Originations |
Total Value |
Average Loan |
| 2.5-3% |
664 |
$168,440,000 |
$253,675 |
| <2.5% |
536 |
$128,410,000 |
$239,571 |
| 3-4% |
373 |
$125,895,000 |
$337,520 |
| 4-5% |
174 |
$29,430,000 |
$169,138 |
| 5-6% |
27 |
$4,005,000 |
$148,333 |
| 6-7% |
1 |
$215,000 |
$215,000 |
During 2021, Red River Bank's average interest
rate of loans were 2.82%, while their
most frequently originated rate bucket of loans were 2.5-3%,
with 664 originations.
Loan Sizing
| Loan Size |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| $200k-400k |
641 |
$178,085,000 |
$277,824 |
$4,113 |
2.81% |
| $100k-200k |
585 |
$86,855,000 |
$148,470 |
$3,524 |
2.91% |
| $100,000 or less |
289 |
$17,595,000 |
$60,882 |
$2,059 |
3.69% |
| $400k-600k |
150 |
$72,070,000 |
$480,467 |
$4,544 |
2.93% |
| $600k-1MM |
83 |
$61,865,000 |
$745,361 |
$5,920 |
3.22% |
| $1MM+ |
27 |
$39,925,000 |
$1,478,704 |
$8,099 |
3.46% |
2021 saw Red River Bank place emphasis on
$200k-400k loans
with 641 originations, totaling
$178,085,000 in origination value.
Applicant Income
| Applicant Income |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| $100k-150k |
309 |
$77,335,000 |
$250,275 |
$3,790 |
2.89% |
| $50k-75k |
309 |
$53,575,000 |
$173,382 |
$4,050 |
2.86% |
| $250k+ |
271 |
$126,135,000 |
$465,443 |
$4,263 |
3.15% |
| $50k or less |
270 |
$35,230,000 |
$130,481 |
$3,750 |
2.92% |
| $75k-100k |
242 |
$51,220,000 |
$211,653 |
$3,762 |
2.85% |
| $150k-250k |
228 |
$65,720,000 |
$288,246 |
$3,408 |
2.98% |
Red River Bank lent most frequently to those with incomes in the
$100k-150k range, with
309 originations.
The second most popular income band? $50k-75k,
with 309 originations.
Applicant Debt to Income Ratio
| DTI Ratio |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| 20-30% |
436 |
$119,070,000 |
$273,096 |
$3,643 |
2.97% |
| <20% |
320 |
$94,470,000 |
$295,219 |
$3,282 |
2.93% |
| 30-36% |
303 |
$69,165,000 |
$228,267 |
$3,847 |
2.88% |
| 41% |
52 |
$11,010,000 |
$211,731 |
$4,431 |
2.85% |
| 36% |
52 |
$12,390,000 |
$238,269 |
$3,873 |
3.02% |
| 44% |
49 |
$10,575,000 |
$215,816 |
$4,386 |
2.84% |
| 38% |
47 |
$10,345,000 |
$220,106 |
$3,762 |
2.90% |
| 39% |
46 |
$11,240,000 |
$244,348 |
$3,474 |
2.86% |
| 40% |
44 |
$9,790,000 |
$222,500 |
$4,140 |
3.06% |
| 37% |
44 |
$9,770,000 |
$222,045 |
$3,891 |
3.17% |
| 42% |
42 |
$8,040,000 |
$191,429 |
$4,012 |
3.08% |
| 45% |
42 |
$8,900,000 |
$211,905 |
$4,351 |
2.92% |
| 46% |
38 |
$9,040,000 |
$237,895 |
$4,335 |
3.02% |
| 43% |
32 |
$6,550,000 |
$204,688 |
$4,136 |
2.91% |
| 50-60% |
30 |
$6,050,000 |
$201,667 |
$6,763 |
2.97% |
| 49% |
25 |
$5,235,000 |
$209,400 |
$4,291 |
2.84% |
| 48% |
21 |
$4,435,000 |
$211,190 |
$4,670 |
2.66% |
| 47% |
21 |
$5,375,000 |
$255,952 |
$5,526 |
2.89% |
| >60% |
1 |
$35,000 |
$35,000 |
$332 |
4.90% |
Red River Bank lent most frequently to those with DTI ratios
of 20-30%, with
436 originations.
The next most common DTI ratio? <20%,
with 320 originations.
Ethnicity Mix
| Applicant Ethnicity |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| White |
1,462 |
$374,510,000 |
$256,163 |
$3,711 |
2.96% |
| Not applicable |
115 |
$42,225,000 |
$367,174 |
$3,304 |
4.13% |
| Black |
157 |
$28,195,000 |
$179,586 |
$4,599 |
2.85% |
| Asian |
27 |
$6,675,000 |
$247,222 |
$4,559 |
2.79% |
| Asian Indian |
8 |
$3,860,000 |
$482,500 |
$5,328 |
3.25% |
| American Indian |
3 |
$445,000 |
$148,333 |
$2,839 |
2.58% |
| Not provided |
1 |
$355,000 |
$355,000 |
$750 |
2.50% |
| Other Pacific Islander |
1 |
$95,000 |
$95,000 |
$2,754 |
3.13% |
| Vietnamese |
1 |
$35,000 |
$35,000 |
$0 |
4.50% |
Approval Rates
Total approvals of all applications
94.62%
Red River Bank has an average approval rate.
Pick Rate
Approvals leading to origination
82.16%
Red River Bank has a below average pick rate.
Points and Fees
| Points |
Originations |
Total Value |
Average Loan |
| NA |
1,775 |
$456,395,000 |
$257,124 |
Occupancy Type Mix
| Dwelling Type |
Originations |
Total Value |
Average Loan |
|
1,775 |
$456,395,000 |
$257,124 |
LTV Distribution
| Loan to Value |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| 20-40% |
115 |
$14,815,000 |
$128,826 |
$2,237 |
3.24% |
| 40-60% |
209 |
$52,835,000 |
$252,799 |
$2,869 |
2.83% |
| 60-80% |
558 |
$161,070,000 |
$288,656 |
$3,425 |
3.06% |
| 80-100% |
773 |
$211,065,000 |
$273,047 |
$4,444 |
2.86% |
| Over 100% |
32 |
$9,320,000 |
$291,250 |
$10,238 |
2.53% |
| Under 20% |
52 |
$3,500,000 |
$67,308 |
$738 |
4.50% |
Complaints
| Bank Name |
Product |
Issue |
2021 CPFB Complaints |
% of Total Issues |
| Rate Rabbit, Inc. |
Conventional home mortgage |
Applying for a mortgage or refinancing an existing mortgage |
1 |
100.0% |
Bank Details
Branches
| Bank Name |
Branch |
Branch Type |
Deposits (000's) |
| Red River Bank |
4112 Lake Street, Suite 200 Lake Charles, LA 70605 |
Full Service B&M
|
$36,290 |
| Red River Bank |
1020 Bridgewater Avenue Shreveport, LA 71106 |
Full Service B&M
|
$66,210 |
| Red River Bank |
1210 Wall Street Lecompte, LA 71346 |
Full Service B&M
|
$53,823 |
| Red River Bank |
12509 Highway 73 Geismar, LA 70734 |
Full Service B&M
|
$27,751 |
| Red River Bank |
1412 Centre Court Drive, Suite 101 Alexandria, LA 71301 |
Full Service B&M
|
$877,052 |
| Red River Bank |
14545 Wax Road Baton Rouge, LA 70818 |
Full Service B&M
|
$44,977 |
| Red River Bank |
1500 Beglis Parkway Sulphur, LA 70663 |
Full Service B&M
|
$6,707 |
| Red River Bank |
1753 East 70th Shreveport, LA 71105 |
Full Service B&M
|
$148,542 |
| Red River Bank |
2591 South Acadian Thruway Baton Rouge, LA 70808 |
Full Service B&M
|
$47,376 |
| Red River Bank |
2931 East Texas Street Bossier City, LA 71111 |
Full Service B&M
|
$18,655 |
| Red River Bank |
3120 Highway 28 East Pineville, LA 71360 |
Full Service B&M
|
$107,568 |
| Red River Bank |
3300 Airline Drive Bossier City, LA 71111 |
Full Service B&M
|
$67,507 |
| Red River Bank |
3422 North Blvd. Alexandria, LA 71301 |
Full Service B&M
|
$70,050 |
| Red River Bank |
4292 Highway 112 Forest Hill, LA 71430 |
Full Service B&M
|
$43,632 |
| Red River Bank |
4425 Monroe Highway Pineville, LA 71360 |
Full Service B&M
|
$75,798 |
| Red River Bank |
447 East Tunica Drive Marksville, LA 71351 |
Full Service B&M
|
$64,527 |
| Red River Bank |
5063 Essen Lane Baton Rouge, LA 70809 |
Full Service B&M
|
$245,674 |
| Red River Bank |
5350 Jones Creek Road Baton Rouge, LA 70817 |
Full Service B&M
|
$36,112 |
| Red River Bank |
5631 Coliseum Boulevard Alexandria, LA 71303 |
Full Service B&M
|
$74,795 |
| Red River Bank |
571 Hwy 171 Stonewall, LA 71078 |
Full Service B&M
|
$11,903 |
| Red River Bank |
5868 Line Avenue Shreveport, LA 71106 |
Full Service B&M
|
$55,990 |
| Red River Bank |
600 Jackson Street Alexandria, LA 71301 |
Full Service B&M
|
$116,856 |
| Red River Bank |
601 Market Street Shreveport, LA 71101 |
Full Service B&M
|
$187,538 |
| Red River Bank |
70561 Highway 21 Covington, LA 70433 |
Full Service B&M
|
$25,955 |
| Red River Bank |
9400 Old Hammond Highway Baton Rouge, LA 70898 |
Full Service B&M
|
$78,194 |
For 2021, Red River Bank had 25 branches.
Yearly Performance Overview
Bank Income
Red River Bank's gross interest income from loans was $77,339,000.
Red River Bank's net interest income from loans was $71,722,000.
Red River Bank's fee based income from loans was $5,067,000.
Red River Bank's net income from loans was $33,485,000.
Bank Expenses
| Item |
Value (in 000's) |
| Total interest expense |
$5,617 |
| Provision for credit losses |
$1,900 |
| Total noninterest expense |
$55,854 |
| Salaries and employee benefits |
$32,449 |
| Premises and equipment expense |
$5,443 |
| Additional noninterest expense |
$17,962 |
| Applicable income taxes |
$7,251 |
| Net charge-offs |
$675 |
| Cash dividends |
$0 |
Red River Bank's interest expense for loans was $5,617,000.
Red River Bank's payroll and benefits expense were $32,449,000.
Red River Bank's property, plant and equipment expenses $5,443,000.
Deposits
| Type |
Value (in 000's) |
| Total deposits |
$2,923,953 |
| Deposits held in domestic offices |
$2,923,953 |
| Deposits by Individuals, partnerships, and corporations |
$2,695,678 |
| Deposits by U.S. Government |
$0 |
| Deposits by States and political subdivisions in the U.S. |
$225,987 |
| Deposits by Commercial banks and other depository institutions in U.S. |
$2,288 |
| Deposits by Banks in foreign countries |
$0 |
| Deposits by Foreign governments and official institutions |
$0 |
| Transaction accounts |
$347,606 |
| Demand deposits |
$151,620 |
| Nontransaction accounts |
$2,576,347 |
| Money market deposit accounts (MMDAs) |
$733,044 |
| Other savings deposits (excluding MMDAs) |
$1,510,130 |
| Total time deposits |
$333,173 |
| Total time and savings deposits |
$2,772,333 |
| Noninterest-bearing deposits |
$1,163,277 |
| Interest-bearing deposits |
$1,760,676 |
| Retail deposits |
$2,834,376 |
| IRAs and Keogh plan accounts |
$38,520 |
| Brokered deposits |
$0 |
| Deposits held in foreign offices |
$0 |
Assets
| Asset |
Value (in 000's) |
| Total Assets |
$3,224,522 |
| Cash & Balances due from depository institutions |
$784,864 |
| Interest-bearing balances |
$761,721 |
| Total securities |
$667,024 |
| Federal funds sold & reverse repurchase |
$0 |
| Net loans and leases |
$1,668,946 |
| Loan and leases loss allowance |
$19,176 |
| Trading account assets |
$0 |
| Bank premises and fixed assets |
$51,799 |
| Other real estate owned |
$660 |
| Goodwill and other intangibles |
$1,546 |
| All other assets |
$49,683 |
Liabilities
| Liabilities |
Value (in 000's) |
| Total liabilities and capital |
$3,224,522 |
| Total Liabilities |
$2,940,154 |
| Total deposits |
$2,923,953 |
| Interest-bearing deposits |
$1,760,676 |
| Deposits held in domestic offices |
$2,923,953 |
| % insured (estimated) |
$58 |
| Federal funds purchased and repurchase agreements |
$0 |
| Trading liabilities |
$0 |
| Other borrowed funds |
$0 |
| Subordinated debt |
$0 |
| All other liabilities |
$16,201 |
Issued Loan Types
| Type |
Value (in 000's) |
| Net loans and leases |
$1,668,946 |
| Loan and leases loss allowance |
$19,176 |
| Total loans and leases (domestic) |
$1,688,122 |
| All real estate loans |
$1,255,342 |
| Real estate loans in domestic offices |
$1,255,342 |
| Construction and development loans |
$106,339 |
| Residential 1-4 family construction |
$29,372 |
| Other construction, all land development and other land |
$76,967 |
| Loans secured by nonfarm nonresidential properties |
$632,709 |
| Nonfarm nonresidential secured by owner-occupied properties |
$321,160 |
| Commercial real estate & other non-farm, non-residential |
$311,549 |
| Multifamily residential real estate |
$27,592 |
| 1-4 family residential loans |
$478,710 |
| Farmland loans |
$9,992 |
| Loans held in foreign offices |
$0 |
| Farm loans |
$5,431 |
| Commercial and industrial loans |
$303,020 |
| To non-U.S. addressees |
$0 |
| Loans to individuals |
$23,131 |
| Credit card loans |
$1,129 |
| Related Plans |
$1,479 |
| Consumer Auto Loans |
$5,581 |
| Other loans to individuals |
$14,942 |
| All other loans & leases |
$101,198 |
| Loans to foreign governments and official institutions |
$0 |
| Other loans |
$20,472 |
| Loans to depository institutions and acceptances of other banks |
$0 |
| Loans not secured by real estate |
$2,073 |
| Loans secured by real estate to non-U.S. addressees |
$155 |
| Restructured Loans & leases |
$3,944 |
| Non 1-4 family restructured loans & leases |
$3,655 |
| Total loans and leases (foreign) |
$0 |
Red River Bank had $1,668,946,000 of loans outstanding in 2021. $1,255,342,000 of loans were in real estate loans.
$106,339,000 of loans were in development loans. $27,592,000 of loans were in multifamily mortgage loans.
$478,710,000 of loans were in 1-4 family mortgage loans. $5,431,000 of loans were in farm loans. $1,129,000
of loans were in credit card loans. $5,581,000 of loans were in the auto loan category.
Small Business Loans
| Categorization |
# of Loans in Category |
$ amount of loans (in 000's) |
Average $/loan |
| Nonfarm, nonresidential loans - <$1MM |
505 |
$147,193 |
$291,471 |
| Nonfarm, nonresidential loans - <$100k |
77 |
$3,759 |
$48,818 |
| Nonfarm, nonresidential loans - $100-250k |
153 |
$20,392 |
$133,281 |
| Nonfarm, nonresidential loans - $250k-1MM |
275 |
$123,042 |
$447,425 |
| Commercial & Industrial, US addressed loans - <$1MM |
2,158 |
$127,617 |
$59,137 |
| Commercial & Industrial, US addressed loans - <$100k |
1,641 |
$27,677 |
$16,866 |
| Commercial & Industrial, US addressed loans - $100-250k |
308 |
$32,966 |
$107,032 |
| Commercial & Industrial, US addressed loans - $250k-1MM |
209 |
$66,974 |
$320,450 |
| Farmland loans - <$1MM |
49 |
$5,512 |
$112,490 |
| Farmland loans - <$100k |
23 |
$924 |
$40,174 |
| Farmland loans - $100-250k |
18 |
$2,098 |
$116,556 |
| Farmland loans - $250k-1MM |
8 |
$2,490 |
$311,250 |
| Agriculture operations loans - <$1MM |
46 |
$3,119 |
$67,804 |
| Agriculture operations loans - <$100k |
27 |
$889 |
$32,926 |
| Agriculture operations loans - $100-250k |
13 |
$1,278 |
$98,308 |
| Agriculture operations loans - $250k-1MM |
6 |
$952 |
$158,667 |
