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

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Bank Data

    Review & 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 by origination volume include: Alexandria, Shreveport, Baton Rouge, New Orleans, and Lake Charles among others. We have data for 54 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Red River Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Red River Bank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.36% 1/29/23
    30 Year Conventional Refi 6.26% 1/29/23
    30 Year Cash-out Refi 6.45% 1/29/23
    30 Year FHA Purchase 6.97% 1/29/23
    30 Year FHA Refi 6.72% 1/29/23
    30 Year VA Purchase 5.95% 1/29/23
    30 Year VA Refi 5.76% 1/29/23
    30 Year USDA Purchase 6.34% 1/29/23
    30 Year USDA Refi 6.35% 1/29/23
    15 Year Conventional Purchase 6.05% 1/29/23
    15 Year Conventional Refi 5.90% 1/29/23
    15 Year Cash-out Refi 5.90% 1/29/23
    15 Year FHA Refi 5.68% 1/29/23
    15 Year VA Purchase 5.65% 1/29/23
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.


    Originations

    1,775

    Origination Dollar Volume (All Markets)

    $456,395,000

    Employee count

    351 Show all (21) awards

    Relative Rate

    Red River Bank's average 30 year fixed mortgage rate was 2.82%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.33%.

    Relative Fees (Closing Costs)

    Red River Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $4,271.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    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.

    Their top states include:
  • Louisiana (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Mississippi (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Red River Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. 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 2021, Red River Bank's most frequently originated type of loan was Conventional, with 1,431 originations. Their 2nd most popular type was FHA, with 151 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. 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 2021, Red River Bank's most frequently cited loan purpose was Home Purchase, with 1,007 originations. The 2nd most popular reason was 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 2021, Red River Bank's most frequently cited loan duration was 30 Year, with 962 originations. The 2nd most popular length was 15 Year, with 350 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost 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
    $2k-3k 18 $7,000,000 $388,889
    $3k-4k 12 $4,970,000 $414,167
    $4k-5k 10 $4,020,000 $402,000

    Red River Bank's average total fees were $4,271, while their most frequently occuring range of origination fees (closing costs) 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 for loans was 2.82%, while their most frequently originated rate bucket for loans was 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
    95.27%

    Red River Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    80.68%

    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 1020 Bridgewater Avenue Shreveport, LA 71106 Full Service B&M $66,210
    Red River Bank 4112 Lake Street, Suite 200 Lake Charles, LA 70605 Full Service B&M $36,290
    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
    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

    For 2021, Red River Bank had 25 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $77,339
    Net interest income $71,722
    Total noninterest income $26,749
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $5,067
    Trading account gains and fees $0
    Additional Noninterest Income $21,682
    Pre-tax net operating income $40,717
    Securities gains (or losses, -) $19
    Income before extraordinary items $33,485
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $33,485
    Minority interest net income $0
    Net income $33,485
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $33,469

    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.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    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