GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Red River Bancshares Inc (NAS:RRBI) » Definitions » Net Interest Margin (Bank Only) %

Red River Bancshares (Red River Bancshares) Net Interest Margin (Bank Only) % : 3.16% (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Red River Bancshares Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Red River Bancshares's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was $85.4 Mil. Red River Bancshares's average earning assets for the quarter that ended in Mar. 2024 was $2,699.0 Mil. Therefore, Red River Bancshares's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was 3.16%.


Red River Bancshares Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Red River Bancshares's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Red River Bancshares Net Interest Margin (Bank Only) % Chart

Red River Bancshares Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial 3.74 3.56 3.23 3.45 3.22

Red River Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.42 3.21 3.13 3.21 3.16

Competitive Comparison of Red River Bancshares's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, Red River Bancshares's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Red River Bancshares's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Red River Bancshares's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Red River Bancshares's Net Interest Margin (Bank Only) % falls into.



Red River Bancshares Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Red River Bancshares's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=86.283/( (2675.704 + 2689.36)/ 2 )
=86.283/2682.532
=3.22 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 1896.157 + 779.547
=2675.704

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 1972.828 + 716.532
=2689.36

Red River Bancshares's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2023 ) + Earning Assets (Q: Mar. 2024 ))/ count )
=85.364/( (2689.36 + 2708.651)/ 2 )
=85.364/2699.0055
=3.16 %

where

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 1972.828 + 716.532
=2689.36

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 2018.161 + 690.49
=2708.651

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Mar. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Red River Bancshares  (NAS:RRBI) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Red River Bancshares Net Interest Margin (Bank Only) % Related Terms

Thank you for viewing the detailed overview of Red River Bancshares's Net Interest Margin (Bank Only) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Red River Bancshares (Red River Bancshares) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1412 Centre Court Drive, Suite 501, Alexandria, LA, USA, 71301
Red River Bancshares Inc is the bank holding company for the red river bank. The principal business of the Bank is lending and accepting deposits from businesses, professionals, individuals, and public entities. The bank's primary deposit products are demand deposits, savings deposits, and time deposits. The bank maintains a diversified loan portfolio with a focus on commercial real estate (Owner Occupied and Non-Owner Occupied), one-to-four-family residential, commercial, and industrial loans, construction and development Loans, and others. also, provides Treasury Management Services, Private Banking Services, Brokerage Services, and Other Banking Services.
Executives
Teddy Ray Price director 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Kirk David Cooper director 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Tammi R. Salazar officer: See Remarks 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Bryon C. Salazar officer: See Remarks 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Ronald Blake Chatelain director, officer: See Remarks 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Isabel V. Carriere officer: See Remarks 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Andrew Blake Cutrer officer: Senior Vice President 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Hall G. Bridges Iv officer: See Remarks 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Julia E Callis officer: See Remarks 2030 DONAHUE FERRY ROAD, PINEVILLE LA 71360
Amanda Wood Barnett officer: See Remarks 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Michael D. Crowell director 1412 CENTRE COURT, SUITE 501, ALEXANDRIA LA 71301
Barry Dale Hines director 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Anna Brasher Moreau director 1412 CENTRE COURT DRIVE, SUITE 501, ALEXANDRIA LA 71301
Debbie B. Triche officer: See Remarks 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Hackmeyer Ferdinand William Jr. director 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301

Red River Bancshares (Red River Bancshares) Headlines

From GuruFocus

Red River Bancshares, Inc. Announces Changes to its Board of Directors

By GuruFocusNews GuruFocusNews 02-24-2022

Red River Bancshares, Inc. Announces Quarterly Cash Dividend

By GuruFocusNews GuruFocusNews 06-25-2022

Red River Bancshares, Inc. Announces Renewal of Stock Repurchase Program

By GuruFocusNews GuruFocusNews 02-04-2022

Red River Bancshares, Inc. Announces Quarterly Cash Dividend

By GuruFocusNews GuruFocusNews 07-05-2022

Red River Bancshares, Inc. Announces Quarterly Cash Dividend

By GuruFocusNews GuruFocusNews 06-15-2022

Red River Bancshares, Inc. Announces Renewal of Stock Repurchase Program

By GlobeNewswire GlobeNewswire 11-04-2022

Red River Bancshares, Inc. Announces Quarterly Cash Dividend

By GuruFocusNews GuruFocusNews 05-26-2022