RRBI on Nasdaq

RED RIVER BANCSHARES INC

RED RIVER BANCSHARES INC is a bank holding company headquartered in Alexandria.2 Its shares trade on Nasdaq under the symbol RRBI.2

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Last updated Oct 20, 2026.

Overview

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  • TickerRRBI on Nasdaq2
  • IndustryState Commercial Banks2
  • HeadquartersAlexandria, United States2
  • Incorporated inLA3
  • Business address1412 Centre Court Drive, Suite 301, Alexandria, La 713013
  • Filer categoryAccelerated filer3
  • Legal formDomestic Corporation2
  • LEI549300SO63STZV7UHM152
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O AMANDA W. BARNETT, 71301 Alexandria, United States2
  • Registered withCorporations Section (Office of the Secretary of State), 34617169D2

Red River Bancshares, Inc., a Louisiana corporation, was founded in 1998 and is a bank holding company headquartered in Alexandria, Louisiana. Through our wholly owned subsidiary, Red River Bank, a Louisiana state-chartered bank, we provide a fully integrated suite of banking products and services tailored to the needs of our commercial and retail customers. Our mission is to be the premier statewide banking organization in Louisiana.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income678910$42.8M in 2025+72% since 2019
0$20.0M$40.0M$60.0M2019: $24.8M$24.8M20192020: $28.1M$28.1M2020+13%2021: $33.0M$33.0M2021+17%2022: $36.9M$36.9M2022+12%2023: $34.9M$34.9M2023−6%2024: $34.2M$34.2M2024−2%2025: $42.8M$42.8M2025+25%

Every line of the income statement as filed: the last 3 fiscal years (annual) or 8 quarters (quarterly), latest first.10

Period ending2025-12-312024-12-312023-12-31
Interest and fees on loans$120.0M$109.0M$93.4M
Interest on securities$21.3M$17.1M$14.3M
Interest on federal funds sold$0$0$886.0K
Interest on deposits in other banks$8.4M$11.1M$9.8M
Dividends on stock$93.0K$95.0K$155.0K
Total Interest and Dividend Income$149.9M$137.2M$118.6M
Interest on deposits$44.3M$47.9M$32.1M
Interest on other borrowed funds$0$0$64.0K
Total Interest Expense$44.3M$47.9M$32.1M
Net Interest Income$105.6M$89.3M$86.4M
Provision for credit losses$2.3M$1.2M$735.0K
Net Interest Income After Provision for Credit Losses$103.3M$88.1M$85.7M
Service charges on deposit accounts$5.6M$5.7M$5.8M
Debit card income, net$3.8M$3.8M$3.6M
Mortgage loan income$2.4M$2.5M$2.0M
Brokerage income$4.7M$3.8M$3.8M
Loan and deposit income$1.7M$2.0M$2.1M
Bank-owned life insurance income$887.0K$851.0K$754.0K
Gain (Loss) on equity securities$94.0K-$28.0K-$14.0K
SBIC income (loss)$55.0K$1.5M$2.9M
Other income (loss)$659.0K$340.0K$259.0K
Total Noninterest Income$20.0M$20.4M$21.1M
Personnel expenses$41.7M$38.6M$37.2M
Occupancy and equipment expenses$7.1M$6.7M$6.6M
Technology expenses$3.4M$3.2M$2.8M
Advertising$1.2M$1.4M$1.3M
Other business development expenses$2.1M$2.1M$2.0M
Data processing expense$2.4M$2.3M$2.3M
Other taxes$2.4M$2.4M$2.7M
Loan and deposit expenses$1.1M$895.0K$984.0K
Legal and professional expenses$2.4M$2.7M$2.4M
Regulatory assessment expenses$1.6M$1.7M$1.6M
Other operating expenses$4.5M$4.3M$4.0M
Total Operating Expenses$70.1M$66.2M$63.9M
Income Before Income Tax Expense$53.1M$42.4M$42.9M
Income tax expense$10.4M$8.1M$8.1M
Net Income$42.8M$34.2M$34.9M
Basic (in dollars per share)$6.40$4.96$4.87
Diluted (in dollars per share)$6.38$4.95$4.86

Compare RED RIVER BANCSHARES INC with another company

Corporate structure

RED RIVER BANCSHARES INC sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of RED RIVER BANCSHARES INC

  • BlackRock Filed SCHEDULE 13G on RED RIVER BANCSHARES INC, latest Jul 29, 2026
  • Simeon A. Thibeaux Filed SCHEDULE 13G/A on RED RIVER BANCSHARES INC, latest Jul 24, 2026 (8 filings since Apr 1, 2024)
  • S3 Dynamics, L.P. Filed SCHEDULE 13G/A on RED RIVER BANCSHARES INC, latest Aug 14, 2025
  • Teddy Ray Price Filed SC 13G/A on RED RIVER BANCSHARES INC, latest Feb 1, 2024
  • RED RIVER BANCSHARES INC Alexandria, Louisiana, United States
    • Red River Bank Subsidiary · Louisiana, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What RED RIVER BANCSHARES INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$91.4M10 Dec 31, 2025$89.2M10 Dec 31, 2024+2.5%
Accumulated depreciation$32.2M10 Dec 31, 2025$29.8M10 Dec 31, 2024+8.0%
Property and equipment, net$59.3M10 Dec 31, 2025$59.4M10 Dec 31, 2024−0.3%
Operating-lease assets (leased space)$1.5M10 Dec 31, 2025$2.7M10 Dec 31, 2024−45.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$213.4M10 Dec 31, 2025$269.0M10 Dec 31, 2024−20.7%
Equity securities at fair value$3.0M10 Dec 31, 2025$2.9M10 Dec 31, 2024+3.2%
Loans, net of allowance$2.2B10 Dec 31, 2025$2.1B10 Dec 31, 2024+8.4%
Deposits held (banks)$3.0B10 Dec 31, 2025$2.8B10 Dec 31, 2024+5.6%

Properties, in its own words

As of December 31, 2025, Red River Bank operated from a network of 28 banking centers throughout Louisiana and two combined LDPOs, one each in New Orleans, Louisiana and Lafayette, Louisiana. The Bank’s principal executive office is located at 1412 Centre Court Drive, Suite 301, Alexandria, Louisiana 71301. Banking centers are located in the following Louisiana markets: Central, which includes the Alexandria MSA; Northwest, which includes the Shreveport-Bossier City MSA; Capital, which includes the Baton Rouge MSA; Southwest, which includes the Lake Charles MSA; the Northshore, which includes the Slidell-Mandeville-Covington MSA; Acadiana, which includes the Lafayette MSA; and New Orleans, which includes the New Orleans-Metairie MSA.

As of December 31, 2025, the Bank owned its main office building, its operations center, and 22 of its banking centers. The remaining banking office facilities were subject to lease agreements. Our facilities are in good condition and are adequate to meet our operating needs for the foreseeable future.

Item 2 of the 10-K filed Mar 13, 2026.5

Leadership

Who has led RED RIVER BANCSHARES INC, and when. Pick a name to see everywhere that person has worked.

Chief operating officer

  1. John Jeffrey R. Theiler2019
20202025
Board members and other officers (22)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Red River Bank Louisiana4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Sep 3, 20268-K Regulation FD disclosure36
  2. Aug 27, 20268-K Other events37
  3. Jul 30, 20268-K Results of operations38
  4. May 28, 20268-K Other events39
  5. May 28, 20268-K Executive or director change; Regulation FD disclosure40
  6. May 14, 20268-K Regulation FD disclosure41
  7. May 7, 20268-K Shareholder vote42
  8. Apr 30, 20268-K Results of operations43
  9. Feb 26, 20268-K Other events44
  10. Feb 26, 20268-K Bylaws or fiscal year changed45
  11. Jan 30, 20268-K Results of operations46
  12. Dec 18, 20258-K Other events47
  13. Mar 16, 1998Founded RED RIVER BANCSHARES INC is founded2

Calendar

Coming up

  1. Oct 29, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $1.63 a share, on Oct 30, 2025.48

When it reported results

  1. Jul 30, 2026Reported quarterly or annual results38
  2. Apr 30, 2026Reported quarterly or annual results43
  3. Jan 30, 2026Reported quarterly or annual results46
  4. Oct 30, 2025Reported quarterly or annual results49
  5. Jul 30, 2025Reported quarterly or annual results50
  6. Apr 30, 2025Reported quarterly or annual results51
  7. Jan 30, 2025Reported quarterly or annual results52
  8. Oct 30, 2024Reported quarterly or annual results53

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

279 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 78 major events, 133 insider forms, 13 large holders, 35 other. The latest 20:

  1. Sep 3, 20268-K EDGAR
  2. Aug 27, 20268-K EDGAR
  3. Aug 10, 20264 EDGAR
  4. Aug 7, 202610-Q EDGAR
  5. Jul 30, 20268-K EDGAR
  6. Jul 29, 2026SCHEDULE 13G EDGAR
  7. Jul 24, 2026SCHEDULE 13G/A EDGAR
  8. Jun 4, 20263 EDGAR
  9. Jun 4, 20263 EDGAR
  10. May 28, 20268-K EDGAR
  11. May 28, 20268-K EDGAR
  12. May 14, 20268-K EDGAR
  13. May 8, 202610-Q EDGAR
  14. May 7, 20268-K EDGAR
  15. May 5, 20264 EDGAR
  16. Apr 30, 20268-K EDGAR
  17. Apr 22, 2026SCHEDULE 13G/A EDGAR
  18. Apr 2, 20264 EDGAR
  19. Apr 2, 20264 EDGAR
  20. Apr 2, 20264 EDGAR

The 279 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

90 open-market trades by officers, directors and large owners since October 2021: 36 buys and 54 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 10, 2026Price Teddy RayDirectorBuy1,119$99.91$111.8KForm 4
May 5, 2026Price Teddy RayDirectorBuy1,285$85.79$110.2KForm 4
Feb 25, 2026Price Teddy RayDirectorBuy64$90.37$5.8KForm 4
Feb 4, 2026Price Teddy RayDirectorBuy747$90.12$67.3KForm 4
Nov 6, 2025Price Teddy RayDirectorBuy1,046$65.76$68.8KForm 4
Aug 4, 2025Price Teddy RayDirectorBuy3,943$60.26$237.6KForm 4
May 5, 2025Price Teddy RayDirectorBuy926$53.87$49.9KForm 4
Feb 5, 2025Price Teddy RayDirectorBuy659$57.54$37.9KForm 4
Nov 4, 2024Price Teddy RayDirectorBuy766$52.74$40.4KForm 4
Aug 2, 2024Price Teddy RayDirectorBuy698$52.75$36.8KForm 4
Jul 15, 2024Salazar Tammi R.See RemarksSale576$50.51$29.1KForm 4
Jul 15, 2024Salazar Bryon C.See RemarksSale576$50.51$29.1KForm 4
Jun 13, 2024Crowell Michael D.DirectorBuy1,000$46.31$46.3KForm 4
Jun 12, 2024Crowell Michael D.DirectorBuy1,000$46.15$46.1KForm 4
Jun 5, 2024Crowell Michael D.DirectorBuy1,000$45.88$45.9KForm 4
Jun 4, 2024Crowell Michael D.DirectorBuy1,000$45.72$45.7KForm 4
May 16, 2024BROWN MICHAEL JDirectorBuy197$47.68$9.4KForm 4
May 15, 2024BROWN MICHAEL JDirectorBuy700$47.95$33.6KForm 4
May 14, 2024BROWN MICHAEL JDirectorBuy202$47.77$9.7KForm 4
May 13, 2024BROWN MICHAEL JDirectorBuy401$47.75$19.1KForm 4

All 90 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

  • BlackRockSCHEDULE 13G, 1 filing Jul 29, 202654
  • Simeon A. ThibeauxSCHEDULE 13G/A, 8 filings Apr 1, 2024 to Jul 24, 202655
  • S3 Dynamics, L.P.SCHEDULE 13G/A, 1 filing Aug 14, 202556
  • Teddy Ray PriceSC 13G/A, 1 filing Feb 1, 202457

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025R. Blake ChatelainPresident Chief Executive Officer62$571.0K$1.1M58
2025Tammi R. SalazarSenior Executive Vice President — Chief Operating Officer$340.2K$635.3K58
2025Bryon C. SalazarSenior Executive Vice President — Chief Banking Officer$330.2K$614.2K58
2025Isabel V. CarriereSenior Executive Vice President Chief Financial Officer$256.2K$502.0K58
2024R. Blake ChatelainPresident Chief Executive Officer62$551.0K$1.1M58
2024Tammi R. SalazarSenior Executive Vice President — Chief Operating Officer$328.3K$624.5K58
2024Bryon C. SalazarSenior Executive Vice President — Chief Banking Officer$318.0K$610.4K58
2024Isabel V. CarriereSenior Executive Vice President Chief Financial Officer$248.1K$502.7K58
2023R. Blake ChatelainPresident Chief Executive Officer62$524.3K$1.1M58
2023Tammi R. SalazarSenior Executive Vice President — Chief Operating Officer$312.8K$560.6K58
2023Bryon C. SalazarSenior Executive Vice President — Chief Banking Officer$300.8K$541.0K58
2023Isabel V. CarriereSenior Executive Vice President Chief Financial Officer$236.5K$451.0K58

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.384,012$35.1M0.0%+53,353
First Eagle Investment Management, LLC298,698$27.3M0.0%+220,710
State Street Corp234,492$21.4M0.0%+122,752
Vanguard Capital Management LLC203,327$18.6M0.0%−4,651
Boston Partners193,557$17.8M0.0%+2,316
Geode Capital Management, LLC144,488$13.2M0.0%+29,308
Dimensional Fund Advisors LP142,418$13.0M0.0%+17,104
Manufacturers Life Insurance Company, The132,333$12.1M0.0%−8,215
Aqr Capital Management LLC119,253$10.9M0.0%+43,867
American Century Companies Inc117,234$10.7M0.0%+30,993
Arrowstreet Capital, Limited Partnership107,486$9.8M0.0%+35,111
Goldman Sachs Group Inc80,732$7.4M0.0%+5,783
Siena Capital Partners GP, LLC48,446$4.4M1.1%−18,033
Vanguard Portfolio Management LLC46,808$4.3M0.0%+17,584
Renaissance Technologies LLC45,320$4.1M0.0%+40,720
Two Sigma Investments, LP45,258$4.1M0.0%New
Millennium Management LLC41,556$3.8M0.0%+14,368
Morgan Stanley40,849$3.7M0.0%+33,084
Northern Trust Corp40,093$3.7M0.0%+3,291
Vanguard Fiduciary Trust Co31,667$2.9M0.0%+934
Creative Planning23,927$2.2M0.0%+986
UBS Group AG22,951$2.1M0.0%−2,344
Charles Schwab Investment Management Inc22,272$2.0M0.0%+1,909
Bank of New York Mellon Corp21,980$2.0M0.0%+2,499
Bank Of America Corp /de/20,041$1.8M0.0%+6,247

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How RED RIVER BANCSHARES INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARRED RIVER BANCSHARES INC1
  • CIK0001071236
  • Employer ID (EIN)72-14120585
  • Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company5
  • Incorporated inLouisiana5
  • Fiscal year endsDecember 311
  • Industry code (SIC)6022 State Commercial Banks1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business address1412 Centre Court Drive, Suite 301, Alexandria, LA 713011
  • Phone(318) 561-40001
  • Shares outstanding6,584,106 as of Jul 31, 202612
  • Public float$276.1M as of Jun 30, 20255
  • AuditorEISNERAMPER LLP, Metairie, Louisiana PCAOB ID 274; it also attests to the company’s internal control over financial reporting5
  • On EDGAR sinceJun 23, 20061
  • Filings467 in all: 4 (201), 8-K (112), 3 (29), 10-Q (23), 144 (13), SCHEDULE 13G/A (8), 10-K (7), DEF 14A (7)1
    All 40 form types

    CORRESP (6), SC 13G/A (6), UPLOAD (5), ARS (4), 4/A (3), 424B7 (3), D (3), EFFECT (3), S-8 (3), SC 13G (3), 11-K (2), 8-K/A (2), DEFA14A (2), DRS/A (2), DRSLTR (2), S-3 (2), 15-12G (1), 3/A (1), 424B3 (1), 424B4 (1), 5 (1), 5/A (1), 8-A12B (1), CERT (1), DRS (1), FWP (1), REGDEX (1), S-1 (1), S-1/A (1), S-8 POS (1), SC 13D (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Mar 13, 2026
    Quarterly report (10-Q) Aug 7, 2026
    Proxy statement (DEF 14A) Mar 13, 2026
    Latest 8-K (8-K) Sep 3, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, no par valueRRBIThe Nasdaq Stock Market, LLC

From the cover page of the 10-K filed Mar 13, 2026 (Section 12(b) of the Exchange Act).5

Risk factors and legal proceedings

The risks RED RIVER BANCSHARES INC names in Item 1A of its 10-K filed Mar 13, 2026: 47 risks under these headings, as written.5

  • Risks Related to Our Credit Activities
  • We may not be able to adequately measure and limit our credit risk, which could lead to unexpected losses.
  • Our CRE loan portfolio exposes us to risks that may be greater than the risks related to other types of loans.
  • A significant portion of our loan portfolio consists of real estate loans, which subjects us to the potential impairment of the collateral securing the loan if the real estate market experiences negative changes and the costs and potential risks associated with the ownership of the real property if we are forced to foreclose.
  • Our business may be adversely affected by credit risk associated with residential property.
  • A portion of our loan portfolio is comprised of commercial and industrial loans secured by receivables, inventory, equipment, or other commercial collateral, and the deterioration in the collateral’s value could expose us to credit losses.
  • Our ACL may prove to be insufficient to absorb losses inherent in our loan portfolio.
  • Appraisals and other valuation techniques we use in evaluating and monitoring loans secured by real property, OREO, and repossessed personal property may not accurately describe the net value of the asset.
  • The amount of our nonperforming assets may increase significantly, resulting in additional losses, costs, and expenses.
  • The small to medium-sized businesses that we lend to may have fewer resources to handle adverse business developments, which may impair their ability to repay loans.
  • We could be subject to losses, regulatory action, or reputational harm due to fraudulent and negligent acts on the part of loan applicants, our employees, and other parties.
  • Risks Related to Interest Rates and Economic Conditions
The other 37 risks
  • We are subject to risks due to changing interest rates.
  • As a business operating in the financial services industry, our business and operations may be adversely affected in numerous and complex ways.
  • The borrowing needs of our customers may increase, especially during a challenging economic environment, which could result in increased borrowing against our contractual obligations to extend credit.
  • Negative conditions in the health care sector could lead to increased credit losses in our loan portfolio.
  • Volatility in oil and natural gas prices along with cyclical downturns in the energy industry, particularly in Louisiana, could lead to increased credit losses in our loan portfolio.
  • Natural disasters and other external events could result in a disruption of our operations and increases in credit losses.
  • Risks Related to Our Competition and Services
  • Our ability to attract and retain customers and maintain our reputation is critical to our growth, profitability, and market share.
  • We may not be able to implement our expansion strategy, which may adversely affect our ability to maintain our historical earnings trends.
  • New lines of business, products, product enhancements, services, or technologies may subject us to additional risks.
  • We may be adversely affected by the soundness of other financial institutions.
  • Risks Related to Our Financial Stability
  • We may need to rely on financial markets to provide needed capital in the future, and if we fail to maintain sufficient capital, we may not be able to satisfy regulatory requirements or maintain adequate protection against financial stress.
  • A lack of liquidity could impair our ability to fund operations.
  • The fair value of our investment securities can fluctuate due to factors outside of our control, which could have a material adverse effect on our business and profitability.
  • Risks Related to Our Operations
  • We rely heavily on our executive management team, directors, and other key employees, and we could be adversely affected by an unexpected loss of their service.
  • We are subject to laws regarding the privacy, information security, and protection of personal information. Unauthorized access, cyber-crime, and other threats to data security may require significant resources, harm our reputation, and otherwise cause harm to our business.
  • We rely on third parties to provide key components of our business infrastructure, and a failure of these parties to perform for any reason could disrupt our operations.
  • We are subject to claims, litigation, and other proceedings that could result in legal liability.
  • Our financial results depend on management’s selection of accounting methods and certain assumptions and estimates.
  • We utilize data and modeling in our management’s decision-making, and faulty data or modeling approaches could negatively impact our decision-making ability or subject us to regulatory scrutiny.
  • We utilize third-party companies to support our investment group, and we may be adversely affected by the condition or performance of our third-party brokerage partners.
  • Climate related events and legislative and societal responses regarding climate change present risks to our business.
  • The development and use of AI presents risks and challenges that may adversely affect our business.
  • Risks Related to an Investment in Our Common Stock
  • The market price of our common stock may be subject to substantial fluctuations, which may make it difficult to sell shares at the volumes, prices, or times desired.
  • Future sales or the availability for sale of substantial amounts of our equity securities in the public market could adversely affect the prevailing market price of our common stock and could impair our ability to raise capital through future sales of equity securities.
  • Our stock repurchase program may not enhance long-term stockholder value, and stock repurchases, if any, could increase the volatility of the price of our common stock and diminish our cash reserves.
  • Our directors and named executive officers have significant control over our business.
  • The rights of our common shareholders may be subordinate to the holders of any debt securities or preferred stock that we may issue in the future.
  • Our dividend policy may change without notice, and our future ability to pay dividends is subject to restrictions.
  • Our corporate governance documents, and certain corporate and banking laws applicable to us, could make a takeover more difficult.
  • Securities analysts may not continue coverage on us or may publish unfavorable reports, which could adversely impact the price of our common stock.
  • Risks Related to the Regulation of Our Industry
  • We operate in a highly regulated environment and the laws and regulations that govern our operations, corporate governance, executive compensation, and accounting principles, or changes in them, or our failure to comply with them, could subject us to regulatory action or penalties.
  • New activities and expansion require regulatory approvals, and failure to obtain them may restrict our growth.
  • Federal and state banking agencies periodically conduct examinations of our business, and our failure to comply with any supervisory actions as a result of such examinations could result in regulatory action or penalties.
  • We are subject to capital requirements, which may result in lower returns on equity, require us to raise additional capital, prevent us from accessing FHLB advances, restrict our access to other borrowing lines, limit growth opportunities, result in regulatory restrictions, or require us to commit capital resources to support the Bank.
  • Legislative and regulatory actions taken now or in the future, may increase our costs.
  • Federal and state consumer lending laws may restrict our ability to originate certain mortgage loans, increase our risk of liability with respect to such loans, increase the time and expense associated with the foreclosure process, or prevent us from foreclosing at all.
  • We are generally unable to control the amount of premiums that we are required to pay for FDIC insurance.

Legal proceedings

From time to time, we, including our subsidiaries, are or may be involved in various legal matters arising in the ordinary course of business. In the opinion of management, neither we, nor any of our subsidiaries, are involved in such legal proceedings that the resolution is expected to have a material adverse effect on our consolidated results of operations, financial condition, or cash flows. However, one or more unfavorable outcomes in these ordinary claims or litigation against us or our subsidiaries could have a material adverse effect for the period in which they are resolved. In addition, regardless of their merits or ultimate outcomes, such matters are costly, divert management’s attention, and may materially and adversely affect our reputation or that of our subsidiaries, even if resolved favorably.

The opening of Item 3, Legal Proceedings.5

Sources

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