Red River Bank
Red River Bank is a Louisiana-chartered community bank (NASDAQ: RRBI) operating 28 banking centers statewide, serving individual consumers, small-to-medium businesses, mortgage customers, and high-net-worth private banking clients through local decision-making and a digital banking platform.
- Company typePublic
- Founded1999
- HeadquartersAlexandria, United States
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What Red River Bank does
Red River Bank is a Louisiana-chartered commercial bank and wholly-owned subsidiary of Red River Bancshares, Inc. (NASDAQ: RRBI), founded in 1999 and headquartered in Alexandria, Louisiana. The bank operates 28 physical banking centers spanning all major Louisiana regions, including Central Louisiana (Alexandria), Acadiana (Lafayette), Northwest Louisiana (Shreveport), Southeast Louisiana (Baton Rouge), Southwest Louisiana (Lake Charles), Northshore (Covington), and New Orleans. As a traditional community bank, it serves individual consumers, small-to-medium businesses, mortgage customers, high-net-worth private banking clients, and unbanked/underbanked individuals through a "Made in Louisiana, Made for Louisiana" positioning emphasizing local decision-making and relationship banking.
The bank's core technology stack consists of a proprietary online banking platform, a native iOS/Android mobile application, SMS-based text banking, and complementary features including mobile deposit (with $2,000/day and $5,000/25-day limits), card controls, transaction alerts, ID theft monitoring, and Penny RoundUP automatic savings. Business banking is supported by Positive Pay check/ACH fraud prevention and treasury management services. Third-party integrations include Apple Pay, Google Pay, Zelle, and Quicken/QuickBooks. The bank operates within standard regulatory frameworks (FDIC-insured, Equal Housing Lender, FFIEC cybersecurity oversight).
The revenue model is a traditional commercial banking model with two primary streams: net interest income from loans ($2.25B held for investment) and deposits ($2.95B) against its $3.35B asset base, supplemented by transaction-based fee income from account services, mortgage originations, treasury management, private banking, and wealth management through the Red River Investments Group subsidiary. Distribution combines the 28-branch physical network with digital self-service channels (mobile, online, text banking) and direct sales via the Switch Kit program. Q1 2026 net income reached a record $12.0M on a 25.18% net margin, with year-over-year EPS growth of 19.1% to $1.81 and a 66.7% quarterly dividend increase from $0.15 to $0.25 per share.
Red River Bank firmographics
Firmographics- Name
- Red River Bank
- Legal name
- Red River Bancshares, Inc.
- Website
- https://redriverbank.net
- Company type
- Public
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Red River Bank is a Louisiana-chartered community bank (NASDAQ: RRBI) operating 28 banking centers statewide, serving individual consumers, small-to-medium businesses, mortgage customers, and high-net-worth private banking clients through local decision-making and a digital banking platform.
- Ownership category
- akta.pro rank
Red River Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- State Commercial Banks (6022), National Commercial Banks (6021)
- akta.pro primary industry
- Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)
- akta.pro secondary industries
- Credit Cards & Revolving Credit (FSABAAAC), Real Estate (Commercial Property, REITs) (FSABACAH)
Keywords
Where Red River Bank is headquartered
LocationHeadquarters
- HQ city
- Alexandria
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Red River Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Net Interest Income: Traditional banking interest income from loans and investment securities, offset by interest paid on deposits. As a bank holding company, this is the primary revenue driver.
- Banking Fees and Service Charges: Fees from checking accounts, savings accounts, credit cards, and other banking services including wire transfers, overdraft protection, and account services.
- Mortgage Lending: Revenue from mortgage originations and servicing, including conventional mortgages and down payment assistance programs.
- Commercial and Business Banking: Revenue from commercial loans, business credit cards, treasury management services, and business deposit accounts.
- Private Banking Services: Wealth management and private banking services for high net worth individuals, including specialized services for medical professionals and attorneys.
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
Red River Bank product offering
Product offeringCore offering
Red River Bank is a Louisiana community bank providing a fully integrated suite of consumer and commercial banking products and services, including checking accounts, savings accounts, CDs and IRAs, personal and business loans, mortgages, credit cards, treasury management, private banking, and wealth management through Red River Investments Group. Products are distributed through 28 physical banking centers across Louisiana and complemented by digital channels including Online Banking, Mobile Banking, and Text Banking with integrated Apple Pay, Google Pay, and Zelle payment functionality.
Product overview
Red River Bank is a Louisiana-based community bank offering a comprehensive suite of banking products through both physical branch locations and digital channels. The core digital banking platform consists of Online Banking (web-based) and Mobile Banking App (iOS/Android), which provide access to checking, savings, loans, mortgages, credit cards, and treasury management services. The bank differentiates through local decision-making and relationship-based service. Key digital add-on modules include Mobile Deposit, Penny RoundUP automatic savings, Card Controls, Transaction Alerts, ID Theft Monitoring, Text Banking, Positive Pay (fraud protection), and Apple Pay/Google Pay/Zelle payment integrations. Wealth management is offered through Red River Investments Group, and specialized services include Private Banking (with Medical and Attorney niches), Small Business Banking, and Bank On-certified New Opportunity Checkless Checking. The bank also provides financial education through RRB University seminars and online courses.
Differentiator
Problem solved
Functional benefit
Products and services
- Online Banking
Quantifiable outcome
- Record Q1 2026 net income of $12.0 million, up from prior year
- +2 more outcomes
Companies that use Red River Bank
Customer profileSegments6 records
Ideal customer profiles5 records
Red River Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature7 records
Red River Bank partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- Federal Home Loan Bank of Dallas (FHLB Dallas)coreLong-standing partnership delivering $12 million in grants over 25 years to support affordable housing, disaster recovery, and economic development in Louisiana. Partnership includes housing access grants, disaster recovery funds, home strengthening programs, down payment assistance, nonprofit support, and home repairs. The bank celebrated this milestone with FHLB Dallas in December 2025.
- Fuller Center for Housingminor$45,000 grant from FHLB Dallas and four local banks including Red River Bank supported the construction of 10 new homes in Bossier City, Louisiana as part of the Fuller Center for Housing's 20th Anniversary Legacy Build. Funds were part of $1.2 million distributed through the Partnership Grant Program.
- Bank On Northwest LouisianaminorRegional coalition partner for the Bank On Program targeting unbanked and underbanked individuals in Northwest Louisiana
- Bank On Baton RougeminorRegional coalition partner for the Bank On Program targeting unbanked and underbanked individuals in Baton Rouge area
- Bank On Southwest LouisianaminorRegional coalition partner for the Bank On Program targeting unbanked and underbanked individuals in Southwest Louisiana
- Bank On AcadianaminorRegional coalition partner for the Bank On Program targeting unbanked and underbanked individuals in the Acadiana (Lafayette) region
- Bank On Southeast LouisianaminorRegional coalition partner for the Bank On Program targeting unbanked and underbanked individuals in Southeast Louisiana
Scale indicators12 records
Recent moves6 records
Expansion highlights5 records
Red River Bank competitors and assessment
Company assessmentBroad incumbents
- Trustmark Corporation: Mississippi-headquartered regional bank (NASDAQ: TRMK) with Louisiana branch presence, overlapping commercial and consumer banking offerings, and a larger asset base competing in adjacent Louisiana markets.
- Hancock Whitney Corporation: Major Gulf Coast regional bank holding company (NASDAQ: HWC) with deep Louisiana roots, far larger asset base (~$35B), and overlapping consumer/commercial/wealth management product set — competing with Red River across most of its geography.
- Cadence Bank: Mid-sized regional bank (NYSE: CADE) with significant Louisiana presence through former BancorpSouth footprint, offering competing commercial, consumer, and treasury management products across the same statewide geography.
- First Horizon Corporation: Large regional bank holding company (NYSE: FHN) that absorbed IBERIABANK, giving it substantial Louisiana market share and a full suite of commercial, retail, and wealth products — competing directly with Red River in statewide markets.
- JPMorgan Chase (Louisiana retail): National money-center bank with retail branches across Louisiana competing for consumer deposits and small business relationships, leveraging superior digital capabilities and brand reach against Red River's community positioning.
Direct peers
- Investar Holding Corporation: Louisiana-based community bank holding company (NASDAQ: ISTR) with statewide branch presence in Louisiana and Texas, comparable asset size, and similar personal/business banking and mortgage focus.
- Origin Bancorp: Louisiana-based community bank holding company (NASDAQ: OBNK) with a comparable multi-region statewide presence, similar asset size range, and overlapping personal/business/commercial banking product mix — making it the closest direct comparable to Red River Bancshares.
- Business First Bancshares (b1BANK): Louisiana-based bank holding company (NASDAQ: BFST) with statewide branch network, similar community banking model targeting small-to-medium businesses, and overlapping commercial/retail product offerings at comparable asset scale.
- Home Bancorp: Louisiana-chartered community bank holding company (NASDAQ: HBCP) operating branches across Louisiana with comparable personal and business banking focus, similar sub-$5B asset scale, and overlapping community bank value proposition.
- MidSouth Bancorp: Louisiana-based community bank holding company (formerly NYSE: MSL) with a similar community banking model, multi-parish Louisiana branch presence, and comparable consumer/commercial product mix.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Red River Bank social profiles
Digital presenceRed River Bank compliance and trust
Trust signalCompliance6 records
Red River Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Red River Bank leadership team
Management profileNumber of profiles
Profiles3 records
Red River Bank subsidiaries and ownership
Company hierarchySubsidiaries1 record
Red River Bank funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Red River Bank M&A and investment
M&A and investmentM&A1 record
Investments7 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Red River Bank
What does Red River Bank do?
Red River Bank is a Louisiana community bank providing a fully integrated suite of consumer and commercial banking products and services, including checking accounts, savings accounts, CDs and IRAs, personal and business loans, mortgages, credit cards, treasury management, private banking, and wealth management through Red River Investments Group. Products are distributed through 28 physical banking centers across Louisiana and complemented by digital channels including Online Banking, Mobile Banking, and Text Banking with integrated Apple Pay, Google Pay, and Zelle payment functionality.
Is Red River Bank a public or private company?
Red River Bank is a public company. It is classified as public and is currently operating.
When was Red River Bank founded?
Red River Bank was founded in 1999. It employs 251 to 500 people.
Where is Red River Bank based?
Red River Bank is headquartered in Alexandria, United States, in the North America region.
How does Red River Bank make money?
Five revenue lines are on record. Net Interest Income is the primary driver. The others are banking Fees and Service Charges, mortgage Lending, commercial and Business Banking and private Banking Services.
Who are Red River Bank's main competitors?
Broad incumbents on record are Trustmark Corporation, Hancock Whitney Corporation, Cadence Bank, First Horizon Corporation and JPMorgan Chase (Louisiana retail). Direct peers are Investar Holding Corporation, Origin Bancorp, Business First Bancshares (b1BANK), Home Bancorp and MidSouth Bancorp.
Does Red River Bank have an API?
No public API is recorded for Red River Bank.
What industry is Red River Bank in?
Red River Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAAAE, Branch & In-Person Banking (Teller/ATM Networks), with a secondary code of FSABAAAC, Credit Cards & Revolving Credit. Its NAICS code is 52211 and its SIC code is 6022.