Red River Bancshares Inc RRBI Income Statement

Red river bancshares inc (RRBI)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18
INTEREST AND DIVIDEND INCOME
Interest and fees on loans
16,466	16,543	16,578	15,945	15,504	15,441	15,285	14,435	13,586
Interest on securities
1,791	1,894	1,800	1,784	1,763	1,696	1,689	1,744	1,822
Interest on federal funds sold
113	151	178	212	212	159	82	64	51
Interest on deposits in other banks
206	192	213	306	416	375	197	119	107
Dividends on stock
4	4	12	9	9	8	13	7	6
Total Interest and Dividend Income
18,580	18,784	18,781	18,256	17,904	17,679	17,266	16,369	15,572
INTEREST EXPENSE
Interest on deposits
2,492	2,442	2,514	2,449	2,296	2,066	1,818	1,665	1,535
Interest on other borrowed funds
-	-	0	0	-	-1	3	2	3
Interest on junior subordinated debentures
0	0	73	156	156	148	150	136	124
Total Interest Expense
2,492	2,442	2,587	2,605	2,452	2,213	1,971	1,803	1,662
Net Interest Income
16,088	16,342	16,194	15,651	15,452	15,466	15,295	14,566	13,910
Provision for loan losses
503	377	378	529	526	527	526	526	411
Net Interest Income After Provision for Loan Losses
15,585	15,965	15,816	15,122	14,926	14,939	14,769	14,040	13,499
NONINTEREST INCOME
Service charges on deposit accounts
1,228	1,269	1,195	1,083	1,026	1,096	1,162	1,124	1,200
Debit card income, net
755	782	833	785	695	732	786	764	704
Mortgage loan income
889	817	1,014	657	514	432	623	706	346
Brokerage income
744	573	561	626	365	550	469	590	335
Loan and deposit income
300	389	404	382	346	416	346	329	268
Bank-owned life insurance income
142	137	137	137	133	317	139	139	137
Gain (Loss) on equity securities
63	-19	30	56	48	-	-30	-93	-
Gain (Loss) on sale of securities
383	13	5	0	0	0	-9	0	41
SBIC income
178	-	-	-	120	-	-	-	-
Other income
49	-471	207	373	49	-322	455	106	126
Total Noninterest Income
4,731	4,189	4,386	4,099	3,296	3,768	3,941	3,665	3,157
OPERATING EXPENSES
Personnel expenses
7,348	7,148	7,007	7,005	6,640	6,838	6,625	6,489	6,142
Occupancy and equipment expenses
1,185	1,268	1,199	1,334	1,175	1,188	1,152	1,081	1,079
Technology expenses
586	596	595	558	544	521	507	536	506
Advertising
261	204	216	396	209	183	193	211	175
Other business development expenses
295	282	266	277	282	276	303	241	307
Data processing expense
450	461	479	483	459	130	437	427	392
Other taxes
437	346	425	455	353	311	325	349	342
Loan and deposit expenses
246	248	285	392	223	208	242	222	180
Legal and professional expenses
495	403	436	383	319	372	382	344	324
Regulatory assessment expenses
26	-	-	-	142	-	-	-	-
Other operating expenses
621	723	977	1,121	812	318	1,015	1,047	860
Total Operating Expenses
11,950	11,888	11,885	12,404	11,158	10,987	11,181	10,947	10,307
Income Before Income Tax Expense
8,366	8,266	8,317	6,817	7,064	7,720	7,529	6,758	6,349
Income tax expense
1,621	1,523	1,470	1,279	1,368	1,569	1,387	1,226	1,118
Net Income (Loss) Attributable to Parent
6,745	6,743	6,847	5,538	5,696	6,151	6,142	5,532	5,231
Earnings Per Share, Basic and Diluted [Abstract]
Basic (in dollars per share)
0.92	0.92	0.94	0.79	0.86	0.92	0.91	0.82	0.78
Diluted (in dollars per share)
0.92	0.93	0.93	0.78	0.85	0.91	0.91	0.82	0.77