RED RIVER BANCSHARES Business Summary

Red River Bancshares Inc (RRBI) operates as the bank holding company for Red River Bank, a Louisiana-based financial institution that generates revenue primarily through net interest income from a diverse loan portfolio and non-interest income from service fees and wealth management. The company’s business is segmented into commercial and retail banking, offering a comprehensive suite of products including commercial real estate loans, consumer mortgages, and treasury management services across 28 banking centers in Louisiana. As of early 2026, RRBI has demonstrated robust growth, reporting a 15.7% year-over-year revenue increase to approximately $137.2 million, driven by its localized community-banking model and expansion in key markets like New Orleans and Lafayette. Its primary direct competitors include SmartFinancial, Inc. (SMBK), South Plains Financial, Inc. (SPFI), and Unity Bancorp, Inc. (UNTY); RRBI distinguishes itself within this peer group through its high-density regional footprint and superior net interest margins relative to the regional banking average. The leadership team is anchored by President and CEO R. Blake Chatelain, a founder who spearheaded the bank's formation in 1999 following 14 years of executive experience in the Louisiana banking sector. The executive suite includes Isabel V. Carriere, Executive Vice President and CFO, a CPA with extensive expertise in strategic fiscal planning, and Bryon C. Salazar, who serves as Executive Vice President and Chief Banking Officer. Legal and corporate governance are overseen by Julia E. Callis, Executive Vice President and General Counsel. The company is governed by a board led by Non-Executive Chairman John Simpson, which recently made headlines in February 2026 by amending its bylaws to eliminate mandatory retirement ages for directors to retain veteran expertise. RRBI is publicly traded on the NASDAQ and maintains a strong institutional investor base, reflecting its status as a top-tier regional financial partner in the Gulf South.