Red River Bank is headquartered in Alexandria and is the 6th largest bank in the state of Louisiana. It is also the 421st largest bank in the nation. It was established in 1999 and as of June of 2020, it had grown to 334 employees at 26 locations. Red River Bank has an A+ health rating.
Red river is my local fave
I have lived all over the states, after settling in my city I decided to change banks. Red River Bank was suggested to me. I love Red River Bank. The service at the branches is particularly my favorite. The service is personable. Never any longs waits to speak to anyone. Never any long waits to have a teller help me. When there was fraud on my account, they were able to return the money to me in 3 days, as opposed to 10 days by other banks. I really like Red River Bank.
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 34980 |
| Year Established | 1999 |
| Employees | 334 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.33% |
| Return on Equity - YTD | 11.92% |
| Annual Interest Income | $37.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $2.36B$1.89B |
| Loans | Q2 2020vs Q2 2019 | $1.61B$1.39B |
| Deposits | Q2 2020vs Q2 2019 | $2.09B$1.67B |
| Equity Capital | Q2 2020vs Q2 2019 | $246.0MM$211.6MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $14.9MM$13.6MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $3.4MM$12.2MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $852.00K$1.1MM |
