Red River Bancshares (FRA:7RR) Scaled Net Operating Assets : -0.15 (As of Mar. 2024)

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What is Red River Bancshares Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Red River Bancshares's operating assets for the quarter that ended in Mar. 2024 was €2,113.72 Mil. Red River Bancshares's operating liabilities for the quarter that ended in Mar. 2024 was €2,549.11 Mil. Red River Bancshares's Total Assets for the quarter that ended in Dec. 2023 was €2,869.12 Mil. Therefore, Red River Bancshares's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.15.

Red River Bancshares Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Red River Bancshares's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(2589.043	-	2587.033)	/	2910.056
=	0.00

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2869.119	-	280.076
=	2589.043

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2590.487	-	3.454	-	0
=	2587.033

Red River Bancshares's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(2113.723	-	2549.107)	/	2869.119
=	-0.15

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2827.434	-	713.711
=	2113.723

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2552.065	-	2.958	-	0
=	2549.107

* 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.

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Red River Bancshares (FRA:7RR) Business Description

Industry

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Traded in Other Exchanges

RRBI:USA

Address

1412 Centre Court Drive, Suite 501, Alexandria, LA, USA, 71301

Website

https://www.redriverbank.net

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.