Red River Bancshares (RRBI) 10-Q 13 Aug 21 2021 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2021	Jul. 31, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2021
Document Transition Report	false
Entity File Number	001-38888
Entity Registrant Name	Red River Bancshares, Inc.
Entity Incorporation, State or Country Code	LA
Entity Tax Identification Number	72-1412058
Entity Address, Address Line One	1412 Centre Court Drive
Entity Address, Address Line Two	Suite 501
Entity Address, City or Town	Alexandria
Entity Address, State or Province	LA
Entity Address, Postal Zip Code	71301
City Area Code	318
Local Phone Number	561-5028
Title of 12(b) Security	Common Stock, no par value
Trading Symbol	RRBI
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business Category	true
Entity Emerging Growth Category	true
Entity Ex Transition Period	true
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		7,276,483
Entity Central Index Key	0001071236
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS (UN

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
ASSETS
Cash and due from banks	$ 33,728	$ 29,537
Interest-bearing deposits in other banks	633,744	417,664
Total Cash and Cash Equivalents	667,472	447,201
Securities available-for-sale	512,012	498,206
Equity securities	3,961	4,021
Nonmarketable equity securities	3,449	3,447
Loans held for sale	12,291	29,116
Loans held for investment	1,600,388	1,588,446
Allowance for loan losses	(19,460)	(17,951)
Premises and equipment, net	47,414	46,924
Accrued interest receivable	6,039	6,880
Bank-owned life insurance	27,710	22,413
Intangible assets	1,546	1,546
Right-of-use assets	3,950	4,154
Other assets	11,704	8,231
Total Assets	2,878,476	2,642,634
LIABILITIES
Noninterest-bearing deposits	1,031,486	943,615
Interest-bearing deposits	1,538,113	1,396,745
Total Deposits	2,569,599	2,340,360
Accrued interest payable	1,432	1,774
Lease liabilities	4,042	4,233
Accrued expenses and other liabilities	10,479	10,789
Total Liabilities	2,585,552	2,357,156
COMMITMENTS AND CONTINGENCIES	0	0
STOCKHOLDERS' EQUITY
Preferred stock, no par value: Authorized - 1,000,000 shares; None Issued and Outstanding	0	0
Common stock, no par value: Authorized - 30,000,000 shares; Issued and Outstanding - 7,284,994 and 7,325,333 shares	65,934	68,055
Additional paid-in capital	1,692	1,545
Retained earnings	224,240	208,957
Accumulated other comprehensive income (loss)	1,058	6,921
Total Stockholders' Equity	292,924	285,478
Total Liabilities and Stockholders' Equity	$ 2,878,476	$ 2,642,634

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - shares	Jun. 30, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, shares authorized (in shares)	30,000,000	30,000,000
Common stock, shares, issued (in shares)	7,284,994	7,325,333
Common stock, shares, outstanding (in shares)	7,284,994	7,325,333

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
INTEREST AND DIVIDEND INCOME
Interest and fees on loans	$ 16,351	$ 17,076	$ 33,517	$ 33,542
Interest on securities	2,138	1,876	4,027	3,667
Interest on federal funds sold	25	37	47	150
Interest on deposits in other banks	129	32	229	238
Dividends on stock	1	2	2	6
Total Interest and Dividend Income	18,644	19,023	37,822	37,603
INTEREST EXPENSE
Interest on deposits	1,397	2,051	2,984	4,543
Interest on other borrowed funds	0	16	0	16
Total Interest Expense	1,397	2,067	2,984	4,559
Net Interest Income	17,247	16,956	34,838	33,044
Provision for loan losses	150	1,525	1,600	2,028
Net Interest Income After Provision for Loan Losses	17,097	15,431	33,238	31,016
NONINTEREST INCOME
Service charges on deposit accounts	1,140	718	2,199	1,946
Debit card income, net	1,204	896	2,250	1,651
Mortgage loan income	2,357	1,947	5,239	2,835
Brokerage income	806	395	1,640	1,139
Loan and deposit income	395	627	868	927
Bank-owned life insurance income	164	144	297	287
Gain (Loss) on equity securities	11	33	(59)	96
Gain (Loss) on sale and call of securities	34	840	193	1,223
SBIC income	239	190	480	368
Other income	53	33	71	82
Total Noninterest Income	6,403	5,823	13,178	10,554
OPERATING EXPENSES
Personnel expenses	8,110	7,646	16,131	14,995
Occupancy and equipment expenses	1,329	1,235	2,608	2,419
Technology expenses	744	615	1,408	1,202
Advertising	226	215	409	476
Other business development expenses	307	256	607	551
Data processing expense	532	471	917	921
Other taxes	532	438	1,057	875
Loan and deposit expenses	193	273	448	519
Legal and professional expenses	368	605	737	1,100
Regulatory assessment expenses	213	139	414	164
Other operating expenses	838	976	1,819	1,597
Total Operating Expenses	13,392	12,869	26,555	24,819
Income Before Income Tax Expense	10,108	8,385	19,861	16,751
Income tax expense	1,869	1,531	3,557	3,152
Net Income	$ 8,239	$ 6,854	$ 16,304	$ 13,599
EARNINGS PER SHARE
Basic (in dollars per share)	$ 1.13	$ 0.94	$ 2.23	$ 1.86
Diluted (in dollars per share)	$ 1.13	$ 0.93	$ 2.22	$ 1.85

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Statement of Comprehensive Income [Abstract]
Net income	$ 8,239	$ 6,854	$ 16,304	$ 13,599
Other comprehensive income (loss):
Unrealized net gain (loss) on securities arising during period	1,792	1,386	(7,229)	9,126
Tax effect	(377)	(291)	1,518	(1,916)
(Gain) loss on sale of securities included in net income	(34)	(840)	(193)	(1,223)
Tax effect	8	177	41	257
Total other comprehensive income (loss)	1,389	432	(5,863)	6,244
Comprehensive Income	$ 9,628	$ 7,286	$ 10,441	$ 19,843

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Balance at the beginning of period (in shares) at Dec. 31, 2019		7,306,221
Balance in the beginning of period at Dec. 31, 2019	$ 251,898	$ 68,082	$ 1,269	$ 182,571	$ (24)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	6,745			6,745
Stock incentive plan	64		64
Issuance of shares of common stock through exercise of stock options (in shares)		14,720
Issuance of shares of common stock through exercise of stock options	8	$ 8
Issuance of shares of common stock as board compensation (in shares)		1,591
Issuance of shares of common stock as board compensation	87	$ 87
Cash dividend	(439)			(439)
Other comprehensive income (loss)	5,812				5,812
Balance at the end of period (in shares) at Mar. 31, 2020		7,322,532
Balance at the end of period at Mar. 31, 2020	264,175	$ 68,177	1,333	188,877	5,788
Balance at the beginning of period (in shares) at Dec. 31, 2019		7,306,221
Balance in the beginning of period at Dec. 31, 2019	251,898	$ 68,082	1,269	182,571	(24)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	13,599
Other comprehensive income (loss)	6,244
Balance at the end of period (in shares) at Jun. 30, 2020		7,322,532
Balance at the end of period at Jun. 30, 2020	271,117	$ 68,177	1,429	195,291	6,220
Balance at the beginning of period (in shares) at Mar. 31, 2020		7,322,532
Balance in the beginning of period at Mar. 31, 2020	264,175	$ 68,177	1,333	188,877	5,788
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	6,854			6,854
Stock incentive plan	96		96
Cash dividend	(440)			(440)
Other comprehensive income (loss)	432				432
Balance at the end of period (in shares) at Jun. 30, 2020		7,322,532
Balance at the end of period at Jun. 30, 2020	$ 271,117	$ 68,177	1,429	195,291	6,220
Balance at the beginning of period (in shares) at Dec. 31, 2020	7,325,333	7,325,333
Balance in the beginning of period at Dec. 31, 2020	$ 285,478	$ 68,055	1,545	208,957	6,921
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	8,065			8,065
Stock incentive plan	93		93
Issuance of shares of common stock as board compensation (in shares)		1,075
Issuance of shares of common stock as board compensation	56	$ 56
Repurchase of common stock under stock repurchase program (in shares)		(19,661)
Repurchase of common stock under stock repurchase program	(1,018)	$ (1,018)
Cash dividend	(511)			(511)
Other comprehensive income (loss)	(7,252)				(7,252)
Balance at the end of period (in shares) at Mar. 31, 2021		7,306,747
Balance at the end of period at Mar. 31, 2021	$ 284,911	$ 67,093	1,638	216,511	(331)
Balance at the beginning of period (in shares) at Dec. 31, 2020	7,325,333	7,325,333
Balance in the beginning of period at Dec. 31, 2020	$ 285,478	$ 68,055	1,545	208,957	6,921
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 16,304
Repurchase of common stock under stock repurchase program (in shares)	(41,314)
Repurchase of common stock under stock repurchase program	$ (2,200)
Other comprehensive income (loss)	$ (5,863)
Balance at the end of period (in shares) at Jun. 30, 2021	7,284,994	7,284,994
Balance at the end of period at Jun. 30, 2021	$ 292,924	$ 65,934	1,692	224,240	1,058
Balance at the beginning of period (in shares) at Mar. 31, 2021		7,306,747
Balance in the beginning of period at Mar. 31, 2021	284,911	$ 67,093	1,638	216,511	(331)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	8,239			8,239
Stock incentive plan	54		54
Forfeiture of restricted shares of common stock (in shares)		(100)
Forfeiture of restricted shares of common stock	$ 0
Repurchase of common stock under stock repurchase program (in shares)	(21,653)	(21,653)
Repurchase of common stock under stock repurchase program	$ (1,159)	$ (1,159)
Cash dividend	(510)			(510)
Other comprehensive income (loss)	$ 1,389				1,389
Balance at the end of period (in shares) at Jun. 30, 2021	7,284,994	7,284,994
Balance at the end of period at Jun. 30, 2021	$ 292,924	$ 65,934	$ 1,692	$ 224,240	$ 1,058

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) (Parenthetical) - $ / shares	3 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020
Statement of Stockholders' Equity [Abstract]
Cash dividends (in dollars per share)	$ 0.07	$ 0.07	$ 0.06	$ 0.06

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 16,304	$ 13,599
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation	932	900
Amortization	317	260
Share-based compensation earned	147	160
Share-based board compensation earned	26	35
(Gain) Loss on other assets owned	(22)	9
Net (accretion) amortization on securities AFS	1,407	1,293
(Gain) Loss on sale and call of securities	(193)	(1,223)
Provision for loan losses	1,600	2,028
Deferred income tax (benefit) expense	(1,119)	(292)
Net (increase) decrease in loans HFS	16,825	(9,489)
Net (increase) decrease in accrued interest receivable	841	(1,241)
Net (increase) decrease in BOLI	(297)	(286)
Net increase (decrease) in accrued interest payable	(342)	(228)
Net increase (decrease) in accrued income taxes payable	(621)	3,108
Other operating activities, net	(467)	1,819
Net cash provided by (used in) operating activities	35,338	10,452
Activity in securities AFS:
Sales	111,535	86,925
Maturities, principal repayments, and calls	54,607	42,076
Purchases	(188,583)	(198,841)
Purchase of nonmarketable equity securities	(2)	(2,091)
Capital contribution in partnerships	(40)	0
Net (increase) decrease in loans HFI	(12,299)	(177,480)
Purchase of bank owned life insurance	(5,000)	0
Proceeds from sales of foreclosed assets	96	302
Purchases of premises and equipment	(1,422)	(615)
Net cash provided by (used in) investing activities	(41,108)	(249,724)
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase (decrease) in deposits	229,239	348,202
Proceeds from other borrowed funds	0	50,000
Repayments of other borrowed funds	0	(50,000)
Repurchase of common stock	(2,177)	0
Proceeds from exercise of stock options	0	8
Cash dividends	(1,021)	(879)
Net cash provided by (used in) financing activities	226,041	347,331
Net change in cash and cash equivalents	220,271	108,059
Cash and cash equivalents - beginning of period	447,201	133,292
Cash and cash equivalents - end of period	667,472	241,351
Cash paid during the year for:
Interest	3,325	4,788
Income taxes	5,311	317
SUPPLEMENTAL INFORMATION FOR NON-CASH INVESTING AND FINANCING ACTIVITIES
Assets acquired in settlement of loans	$ 266	$ 23

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited consolidated financial statements of the Company were prepared in accordance with GAAP for interim financial information, general practices within the financial services industry, and with instructions for Form 10-Q and Regulation S-X. Accordingly, these interim financial statements do not include all of the information or footnotes required by GAAP for annual financial statements. However, in the opinion of management, all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of the financial statements have been included. The results of operations for the interim periods disclosed herein are not necessarily indicative of the results which may be expected for the entire fiscal year. These statements should be read in conjunction with the Company's audited consolidated financial statements and notes thereto for the year ended December 31, 2020, included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. Certain prior period amounts have been reclassified to conform to the current period presentation. These changes in presentation did not have a material impact on the Company's financial condition or results of operations. Recent Accounting Pronouncements ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. ASU 2016-13 sets forth the CECL model requiring the Company to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. ASU 2016-13 requires enhanced disclosures related to the significant estimates and judgments used in estimating credit losses. In addition, the update amends the accounting for credit losses on AFS securities. As an SEC registrant with smaller reporting company filing status as determined on June 30, 2019, CECL is effective for the Company January 1, 2023. The Company continues to evaluate the impact of this ASU on the consolidated financial statements and disclosures. In that regard, the Company has formed a cross-functional working group and is currently working through an implementation plan. The implementation plan includes an assessment of data, model development and documentation, documentation of processes, and implementation of a third-party vendor solution to assist in the adoption of ASU 2016-13 .

Securities

Securities	6 Months Ended
	Jun. 30, 2021
Investments, Debt and Equity Securities [Abstract]
Securities	SecuritiesSecurities held for indefinite periods of time are classified as AFS and carried at estimated fair value. Investment activity for the six months ended June 30, 2021, included $188.6 million of securities purchased, partially offset by $111.5 million in sales and $54.6 million in maturities, principal repayments, and calls. The net unrealized gain on the securities AFS portfolio decreased $7.4 million for the six months ended June 30, 2021. The amortized cost and estimated fair values of securities AFS are summarized in the following tables: June 30, 2021 (in thousands) Amortized Gross Gross Fair Securities AFS: Mortgage-backed securities $ 296,205 $ 1,913 $ (4,340) $ 293,778 Municipal bonds 207,413 4,142 (504) 211,051 U.S. agency securities 7,055 153 (25) 7,183 Total Securities AFS $ 510,673 $ 6,208 $ (4,869) $ 512,012 December 31, 2020 (in thousands) Amortized Gross Gross Fair Securities AFS: Mortgage-backed securities $ 271,709 $ 3,450 $ (332) $ 274,827 Municipal bonds 207,834 5,498 (51) 213,281 U.S. agency securities 9,902 200 (4) 10,098 Total Securities AFS $ 489,445 $ 9,148 $ (387) $ 498,206 The amortized costs and estimated fair value of debt securities as of June 30, 2021, by contractual maturity, are shown below. Expected maturities may differ from contractual maturities because issuers have the right to call or repay obligations with or without call or prepayment penalties. (in thousands) Amortized Fair Within one year $ 4,069 $ 4,077 After one year but within five years 30,116 30,758 After five years but within ten years 40,610 41,716 After ten years 435,878 435,461 Total $ 510,673 $ 512,012 Information pertaining to securities with gross unrealized losses as of June 30, 2021 and December 31, 2020, aggregated by investment category and length of time that individual securities have been in a continuous loss position is described as follows: Less than twelve months Twelve months or more (in thousands) Gross Fair Gross Fair June 30, 2021 Securities AFS: Mortgage-backed securities $ (4,340) $ 214,411 $ — $ — Municipal bonds (504) 32,969 — — U.S. agency securities (25) 2,955 — — Total Securities AFS $ (4,869) $ 250,335 $ — $ — December 31, 2020 Securities AFS: Mortgage-backed securities $ (332) $ 72,367 $ — $ — Municipal bonds (51) 9,466 — — U.S. agency securities (4) 4,996 — — Total Securities AFS $ (387) $ 86,829 $ — $ — As of June 30, 2021, the Company held 97 securities that were in unrealized loss positions. The aggregate unrealized loss of these securities as of June 30, 2021, was 0.95% of the amortized cost basis of the total securities AFS portfolio. Management and the Asset-Liability Management Committee continually monitor the securities portfolio and are able to effectively measure and monitor the unrealized loss positions on these securities. Management does not intend to sell these securities prior to recovery, and it is more likely than not that the Company will have the ability to hold them, primarily due to adequate liquidity, until each security has recovered its cost basis. The unrealized losses on these securities have been determined by management to be a function of the movement of interest rates since the time of purchase. Based on the review of available information, including recent changes in interest rates and credit rating information, management believes the decline in fair value of these securities is temporary. The Company does not consider these securities to have OTTI. Management evaluates securities for OTTI on at least a quarterly basis and more frequently if economic or market concerns merit such evaluation. Consideration is given to (1) the length of time and the extent to which the fair value has been less than cost; (2) the financial condition and near-term prospects of the issuer; and (3) whether the Company intends to, and it is more likely than not that it will be able to, retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. Additionally, the Company annually performs a detailed credit review of the municipal securities owned to identify any potential credit concerns. There were no OTTI losses on debt securities related to credit losses recognized during the six months ended June 30, 2021, or the year ended December 31, 2020. The proceeds from sales and calls of securities AFS and their gross gain (loss) for the three and six months ended June 30, 2021 and 2020, are shown below: Three Months Ended Six Months Ended (in thousands) 2021 2020 2021 2020 Proceeds (1) $ 50,399 $ 55,765 $ 115,168 $ 86,925 Gross gain $ 408 $ 861 $ 850 $ 1,316 Gross loss $ (374) $ (21) $ (657) $ (93) (1) The proceeds include the gross gain and loss. Pledged Securities Securities with carrying values of approximately $114.3 million and $105.1 million were pledged to secure public entity deposits as of June 30, 2021 and December 31, 2020, respectively.

Loans and Asset Quality

Loans and Asset Quality	6 Months Ended
	Jun. 30, 2021
Receivables [Abstract]
Loans and Asset Quality	Loans and Asset Quality Loans Loans HFI by category and loans HFS are summarized below: (in thousands) June 30, 2021 December 31, 2020 Real estate: Commercial real estate $ 578,005 $ 556,769 One-to-four family residential 462,611 442,889 Construction and development 101,073 127,321 Commercial and industrial 280,004 250,428 SBA PPP, net of deferred income 82,972 118,447 Tax-exempt 73,289 68,666 Consumer 22,434 23,926 Total loans HFI $ 1,600,388 $ 1,588,446 Total loans HFS $ 12,291 $ 29,116 Allowance for Loan Losses The following table summarizes the activity in the allowance for loan losses by category for the six months ended June 30, 2021: (in thousands) Beginning Provision Charge-offs Recoveries Ending Real estate: Commercial real estate $ 5,798 $ 730 $ — $ — $ 6,528 One-to-four family residential 5,390 412 (10) 7 5,799 Construction and development 1,699 (326) — 1 1,374 Commercial and industrial 3,631 698 (40) 13 4,302 SBA PPP, net of deferred income 318 (91) — — 227 Tax-exempt 680 69 — — 749 Consumer 435 108 (163) 101 481 Total allowance for loan losses $ 17,951 $ 1,600 $ (213) $ 122 $ 19,460 The following table summarizes the activity in the allowance for loan losses by category for the twelve months ended December 31, 2020: (in thousands) Beginning Provision Charge-offs Recoveries Ending Real estate: Commercial real estate $ 3,454 $ 2,344 $ — $ — $ 5,798 One-to-four family residential 3,323 2,057 — 10 5,390 Construction and development 1,211 501 (14) 1 1,699 Commercial and industrial 5,175 551 (2,184) 89 3,631 SBA PPP, net of deferred income — 318 — — 318 Tax-exempt 334 346 — — 680 Consumer 440 176 (355) 174 435 Total allowance for loan losses $ 13,937 $ 6,293 $ (2,553) $ 274 $ 17,951 The balance in the allowance for loan losses and the related recorded investment in loans by category as of June 30, 2021, are as follows: (in thousands) Individually Collectively Acquired with Total Allowance for loan losses: Real estate: Commercial real estate $ 614 $ 5,914 $ — $ 6,528 One-to-four family residential 11 5,788 — 5,799 Construction and development — 1,374 — 1,374 Commercial and industrial 10 4,292 — 4,302 SBA PPP, net of deferred income — 227 — 227 Tax-exempt — 749 — 749 Consumer 106 375 — 481 Total allowance for loan losses $ 741 $ 18,719 $ — $ 19,460 Loans: Real estate: Commercial real estate $ 3,610 $ 574,395 $ — $ 578,005 One-to-four family residential 401 462,210 — 462,611 Construction and development 750 100,323 — 101,073 Commercial and industrial 800 279,204 — 280,004 SBA PPP, net of deferred income — 82,972 — 82,972 Tax-exempt — 73,289 — 73,289 Consumer 106 22,328 — 22,434 Total loans HFI $ 5,667 $ 1,594,721 $ — $ 1,600,388 The balance in the allowance for loan losses and the related recorded investment in loans by category as of December 31, 2020, are as follows: (in thousands) Individually Collectively Acquired with Total Allowance for loan losses: Real estate: Commercial real estate $ 268 $ 5,530 $ — $ 5,798 One-to-four family residential 45 5,345 — 5,390 Construction and development — 1,699 — 1,699 Commercial and industrial 540 3,091 — 3,631 SBA PPP, net of deferred income — 318 — 318 Tax-exempt — 680 — 680 Consumer 111 324 — 435 Total allowance for loan losses $ 964 $ 16,987 $ — $ 17,951 Loans: Real estate: Commercial real estate $ 3,617 $ 553,152 $ — $ 556,769 One-to-four family residential 1,126 441,763 — 442,889 Construction and development — 127,321 — 127,321 Commercial and industrial 3,979 246,449 — 250,428 SBA PPP, net of deferred income — 118,447 — 118,447 Tax-exempt — 68,666 — 68,666 Consumer 114 23,812 — 23,926 Total loans HFI $ 8,836 $ 1,579,610 $ — $ 1,588,446 Past Due and Nonaccrual Loans A summary of current, past due, and nonaccrual loans as of June 30, 2021, is as follows: Accruing (in thousands) Current 30-89 Days 90 Days Nonaccrual Total Real estate: Commercial real estate $ 577,258 $ — $ — $ 747 $ 578,005 One-to-four family residential 462,380 — — 231 462,611 Construction and development 100,824 — — 249 101,073 Commercial and industrial 279,198 7 — 799 280,004 SBA PPP, net of deferred income 82,972 — — — 82,972 Tax-exempt 73,289 — — — 73,289 Consumer 22,396 37 1 — 22,434 Total loans HFI $ 1,598,317 $ 44 $ 1 $ 2,026 $ 1,600,388 A summary of current, past due, and nonaccrual loans as of December 31, 2020, is as follows: Accruing (in thousands) Current 30-89 Days 90 Days Nonaccrual Total Real estate: Commercial real estate $ 554,861 $ 62 $ — $ 1,846 $ 556,769 One-to-four family residential 442,096 219 — 574 442,889 Construction and development 127,258 63 — — 127,321 Commercial and industrial 249,453 93 — 882 250,428 SBA PPP, net of deferred income 118,447 — — — 118,447 Tax-exempt 68,666 — — — 68,666 Consumer 23,891 27 3 5 23,926 Total loans HFI $ 1,584,672 $ 464 $ 3 $ 3,307 $ 1,588,446 Impaired Loans Impaired loans include TDRs and performing and nonperforming loans. Information pertaining to impaired loans as of June 30, 2021, is as follows: (in thousands) Unpaid Recorded Related Average With no related allowance recorded: Real estate: Commercial real estate $ 1,659 $ 1,656 $ — $ 1,488 One-to-four family residential 343 311 — 652 Construction and development 750 750 — 250 Commercial and industrial 1,730 786 — 323 SBA PPP, net of deferred income — — — — Tax-exempt — — — — Consumer — — — 1 Total with no related allowance 4,482 3,503 — 2,714 With allowance recorded: Real estate: Commercial real estate 1,958 1,954 614 1,947 One-to-four family residential 90 90 11 212 Construction and development — — — — Commercial and industrial 14 14 10 2,587 SBA PPP, net of deferred income — — — — Tax-exempt — — — — Consumer 106 106 106 109 Total with related allowance 2,168 2,164 741 4,855 Total impaired loans $ 6,650 $ 5,667 $ 741 $ 7,569 Information pertaining to impaired loans as of December 31, 2020, is as follows: (in thousands) Unpaid Recorded Related Average With no related allowance recorded: Real estate: Commercial real estate $ 1,459 $ 1,428 $ — $ 1,417 One-to-four family residential 891 827 — 987 Construction and development — — — — Commercial and industrial 92 92 — 1,173 SBA PPP, net of deferred income — — — — Tax-exempt — — — — Consumer 1 1 — 2 Total with no related allowance 2,443 2,348 — 3,579 With allowance recorded: Real estate: Commercial real estate 2,402 2,189 268 1,533 One-to-four family residential 306 299 45 234 Construction and development — — — 8 Commercial and industrial 4,854 3,887 540 6,521 SBA PPP, net of deferred income — — — — Tax-exempt — — — — Consumer 114 113 111 103 Total with related allowance 7,676 6,488 964 8,399 Total impaired loans $ 10,119 $ 8,836 $ 964 $ 11,978 The interest income recognized on impaired loans for the three months ended June 30, 2021 and June 30, 2020, was $21,000 and $71,000, respectively. The interest income recognized on impaired loans for the six months ended June 30, 2021 and June 30, 2020, was $86,000 and $162,000, respectively. Troubled Debt Restructurings The restructuring of a loan is considered a TDR if the borrower is experiencing financial difficulties and the bank has granted a concession. Concessions grant terms to the borrower that would not be offered for new debt with similar risk characteristics. Concessions typically include interest rate reductions or below market interest rates, revising amortization schedules to defer principal and interest payments, and other changes necessary to provide payment relief to the borrower and minimize the risk of loss. There were no unfunded commitments to extend credit related to these loans as of June 30, 2021 or December 31, 2020. A summary of current, past due, and nonaccrual TDR loans as of June 30, 2021, is as follows: (dollars in thousands) Current 30-89 90 Days Nonaccrual Total Real estate: Commercial real estate $ 1,782 $ — $ — $ — $ 1,782 One-to-four family residential 296 — — — 296 Construction and development — — — — — Commercial and industrial — — — — — SBA PPP, net of deferred income — — — — — Tax-exempt — — — — — Consumer — — — — — Total $ 2,078 $ — $ — $ — $ 2,078 Number of TDR loans 10 — — — 10 A summary of current, past due, and nonaccrual TDR loans as of December 31, 2020, is as follows: (dollars in thousands) Current 30-89 90 Days Nonaccrual Total Real estate: Commercial real estate $ 1,151 $ — $ — $ 1,212 $ 2,363 One-to-four family residential 303 — — — 303 Construction and development — — — — — Commercial and industrial — — — 5 5 SBA PPP, net of deferred income — — — — — Tax-exempt — — — — — Consumer — — — — — Total $ 1,454 $ — $ — $ 1,217 $ 2,671 Number of TDR loans 8 — — 4 12 There were no loans modified as TDRs during the six months ended June 30, 2021 and June 30, 2020. Additionally, there were no defaults on loans during the six months ended June 30, 2021 or June 30, 2020, that had been modified as a TDR during the prior twelve months. Short-term loan modifications on loans HFI were made to provide temporary relief to borrowers that have been adversely affected by the outbreak of COVID-19. In accordance with interagency regulatory guidance issued in March 2020, and revised in April 2020, these short-term deferrals are not deemed to be TDRs to the extent they meet the terms of such guidance. Credit Quality Indicators Loans are categorized based on the degree of risk inherent in the credit and the ability of the borrower to service the debt. A description of the general characteristics of the Bank’s risk rating grades follows: Pass - These loans are of satisfactory quality and do not require a more severe classification. Special Mention - This category includes loans with potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan. Substandard - Loans in this category have well defined weaknesses which jeopardize normal repayment of principal and interest. Doubtful - Loans in this category have well defined weaknesses that make full collection improbable. Loss - Loans classified in this category are considered uncollectible and charged-off to the allowance for loan losses. The following table summarizes loans by risk rating as of June 30, 2021: (in thousands) Pass Special Substandard Doubtful Loss Total Real estate: Commercial real estate $ 573,788 $ 521 $ 3,696 $ — $ — $ 578,005 One-to-four family residential 461,909 331 371 — — 462,611 Construction and development 100,466 — 607 — — 101,073 Commercial and industrial 274,360 2,016 3,628 — — 280,004 SBA PPP, net of deferred income 82,972 — — — — 82,972 Tax-exempt 73,289 — — — — 73,289 Consumer 22,327 — 107 — — 22,434 Total loans HFI $ 1,589,111 $ 2,868 $ 8,409 $ — $ — $ 1,600,388 The following table summarizes loans by risk rating as of December 31, 2020: (in thousands) Pass Special Substandard Doubtful Loss Total Real estate: Commercial real estate $ 551,954 $ 555 $ 4,260 $ — $ — $ 556,769 One-to-four family residential 441,374 486 1,029 — — 442,889 Construction and development 126,542 — 779 — — 127,321 Commercial and industrial 245,043 1,310 4,075 — — 250,428 SBA PPP, net of deferred income 118,447 — — — — 118,447 Tax-exempt 68,666 — — — — 68,666 Consumer 23,813 — 113 — — 23,926 Total loans HFI $ 1,575,839 $ 2,351 $ 10,256 $ — $ — $ 1,588,446 Commitments to Extend Credit Commitments to extend credit are agreements to lend to a customer if all conditions of the commitment have been met. Commitments generally have fixed expiration dates or other termination clauses and may require the payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if it is deemed necessary by the Company upon extension of credit, is based on management’s evaluation of the customer’s ability to repay. As of June 30, 2021, unfunded loan commitments totaled approximately $315.5 million. As of December 31, 2020, unfunded loan commitments totaled approximately $283.3 million.

Deposits

Deposits	6 Months Ended
	Jun. 30, 2021
Deposits [Abstract]
Deposits	Deposits Deposits were $2.57 billion and $2.34 billion as of June 30, 2021 and December 31, 2020, respectively. This increase was a result of customers receiving funds from government stimulus programs, customers depositing the proceeds from their PPP2 loans, and customers maintaining larger deposit balances. Deposits are summarized below: (in thousands) June 30, 2021 December 31, 2020 Noninterest-bearing deposits $ 1,031,486 $ 943,615 Interest-bearing deposits: NOW accounts 383,753 402,572 Money market accounts 637,845 506,902 Savings accounts 173,428 146,264 Time deposits < $100,000 110,105 108,982 Time deposits $100,000 to $250,000 137,879 138,683 Time deposits > $250,000 95,103 93,342 Total interest-bearing deposits 1,538,113 1,396,745 Total deposits $ 2,569,599 $ 2,340,360

Contingencies

Contingencies	6 Months Ended
	Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Contingencies	ContingenciesThe Company and the Bank are involved, from time to time, in various legal matters arising in the ordinary course of business. While the outcome of these claims or litigation cannot be determined at this time, in the opinion of management, neither the Company nor the Bank are involved in such legal proceedings that the resolution is expected to have a material adverse effect on the consolidated results of operations, financial condition, or cash flows.

Fair Value

Fair Value	6 Months Ended
	Jun. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value	Fair Value The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. The fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair Value Disclosure Securities AFS, loans HFS, and equity securities are recorded at fair value on a recurring basis. Additionally, the Company may be required to record at fair value other assets on a nonrecurring basis, such as impaired loans, foreclosed assets, and other certain assets. The nonrecurring fair value adjustments typically involve application of lower of cost or market accounting or write-downs of individual assets. ASC 820, Fair Value Measurements and Disclosures indicates that assets and liabilities are recorded at fair value according to a fair value hierarchy comprised of three levels: Level 1 pricing represents quotes on the exact financial instrument that is traded in active markets. Quoted prices on actively traded equities, for example, are in this category. Level 2 pricing is derived from observable data including market spreads, current and projected rates, prepayment data, and credit quality. The valuation may be based on quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data. Level 3 pricing is derived without the use of observable data. In such cases, mark-to-model strategies are typically employed. Often, these types of instruments have no active market, possess unique characteristics, and are thinly traded. The Company used the following methods and significant assumptions to estimate fair value: Investment Securities and other Stocks: The fair values for marketable securities are determined by quoted market prices, if available (Level 1). For securities where quoted prices are not available, fair values are calculated based on market prices of similar securities (Level 2). For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows or other market indicators (Level 3). Loans HFS: Residential mortgage loans originated and held for sale are carried at the lower of cost or estimated fair value on an individual basis. The fair values of mortgage loans HFS are based on commitments on hand from investors within the secondary market for loans with similar characteristics. As such, the fair value adjustments for mortgage loans HFS are recurring Level 2. Loans HFI: The Company does not record loans HFI at fair value on a recurring basis. However, from time to time, a loan may be considered impaired and an allowance for loan losses may be established. Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement are considered impaired. Once a loan is identified as individually impaired, management measures impairment using estimated fair value methodologies. The fair value of impaired loans is estimated using one of several methods, including collateral value, market value of similar debt, enterprise value, liquidation value, and discounted cash flows. When the fair value of the collateral is based on an observable market price or a current appraised value, the Company considers the impaired loan as nonrecurring Level 2. When an appraised value is not available or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price, the Company considers the impaired loan as nonrecurring Level 3. Foreclosed Assets: Foreclosed assets, consisting of properties obtained through foreclosure or in satisfaction of loans, are reported at fair value, determined on the basis of current appraisals, comparable sales, and other estimates of value obtained principally from independent sources, adjusted for estimated selling costs (Level 2). However, foreclosed assets are considered Level 3 in the fair value hierarchy because management has qualitatively applied a discount due to the size, supply of inventory, and the incremental discounts applied to the appraisals. Management also considers other factors, including changes in absorption rates, length of time the property has been on the market, and anticipated sales values, which have resulted in adjustments to the collateral value estimates indicated in certain appraisals. Fair Value of Assets Measured on a Recurring Basis The table below presents the recorded amount of assets measured at fair value on a recurring basis: (in thousands) Fair Value Level 1 Level 2 Level 3 June 30, 2021 Loans HFS $ 12,291 $ — $ 12,291 $ — Securities AFS: Mortgage-backed securities 293,778 — 293,778 — Municipal bonds 211,051 — 211,051 — U.S. agency securities 7,183 — 7,183 — Equity securities 3,961 3,961 — — December 31, 2020 Loans HFS $ 29,116 $ — $ 29,116 $ — Securities AFS: Mortgage-backed securities 274,827 — 274,827 — Municipal bonds 213,281 — 213,281 — U.S. agency securities 10,098 — 10,098 — Equity securities 4,021 4,021 — — There were no transfers between Level 1, 2, or 3 for the six months ended June 30, 2021 and the year ended December 31, 2020. Fair Value of Assets and Liabilities Measured on a Nonrecurring Basis Financial Assets and Financial Liabilities: Certain financial assets and financial liabilities are measured at fair value on a nonrecurring basis and are subject to fair value adjustments in certain circumstances. Financial assets measured at fair value on a nonrecurring basis include certain impaired collateral dependent loans reported at fair value of the underlying collateral if repayment is expected solely from the collateral. Prior to foreclosure of these loans, fair value of the collateral is estimated using Level 3 inputs based on customized discounting criteria. The table below presents certain impaired loans that were remeasured and reported at fair value through the allowance for loan losses based upon the fair value of the underlying collateral during the reported periods: For the Six Months Ended (in thousands) June 30, 2021 June 30, 2020 Carrying value of impaired loans before allowance for loan losses $ 1,537 $ 585 Specific allowance for loan losses (10) (290) Fair value of impaired loans $ 1,527 $ 295 We did not have any financial liabilities measured at fair value on a nonrecurring basis for the six months ended June 30, 2021 and June 30, 2020. Nonfinancial Assets and Liabilities: Certain nonfinancial assets and nonfinancial liabilities are measured at fair value on a nonrecurring basis. These include certain foreclosed assets, which are remeasured and reported at fair value through a charge-off to the allowance for loan losses upon initial recognition as a foreclosed asset. Subsequent to their initial recognition, certain foreclosed assets are remeasured at fair value through an adjustment included in other noninterest income. The fair value of foreclosed assets is estimated using Level 3 inputs based on customized discounting criteria less estimated selling costs. The following table presents foreclosed assets that were remeasured and reported at fair value during the reported periods: For the Six Months Ended (in thousands) June 30, 2021 June 30, 2020 Foreclosed assets remeasured at initial recognition: Carrying value of foreclosed assets prior to remeasurement $ 266 $ 23 Charge-offs — — Fair value of foreclosed assets $ 266 $ 23 There were no foreclosed assets that were remeasured subsequent to initial recognition for the six months ended June 30, 2021 or June 30, 2020. We did not have any nonfinancial liabilities measured at fair value on a nonrecurring basis for the six months ended June 30, 2021 and June 30, 2020. The unobservable inputs used for the Level 3 fair value measurements on a nonrecurring basis are as follows: (dollars in thousands) Fair Value Valuation Technique Unobservable Input Discount Ranges Weighted Average Discount June 30, 2021 Impaired loans $ 4,926 Discounted appraisals Collateral discounts and costs to sell 0% - 100% 13.08% Foreclosed assets $ 1,059 Discounted appraisals Collateral discounts and costs to sell N/A N/A December 31, 2020 Impaired loans $ 7,872 Discounted appraisals Collateral discounts and costs to sell 0% - 100% 10.91% Foreclosed assets $ 896 Discounted appraisals Collateral discounts and costs to sell 0% - 13% 1.86% Fair Value of Financial Instruments The carrying amounts and estimated fair values of financial instruments as of June 30, 2021 and December 31, 2020, were as follows: (in thousands) Carrying Fair Value Level 1 Level 2 Level 3 June 30, 2021 Financial assets: Cash and due from banks $ 33,728 $ 33,728 $ 33,728 $ — $ — Interest-bearing deposits in other banks 633,744 633,744 633,744 — — Securities AFS 512,012 512,012 — 512,012 — Equity securities 3,961 3,961 3,961 — — Nonmarketable equity securities 3,449 3,449 — 3,449 — Loans HFS 12,291 12,291 — 12,291 — Loans HFI, net of allowance 1,580,928 1,588,641 — — 1,588,641 Accrued interest receivable 6,039 6,039 — — 6,039 Financial liabilities: Deposits 2,569,599 2,572,486 — 2,572,486 — Accrued interest payable 1,432 1,432 — 1,432 — December 31, 2020 Financial assets: Cash and due from banks $ 29,537 $ 29,537 $ 29,537 $ — $ — Interest-bearing deposits in other banks 417,664 417,664 417,664 — — Securities AFS 498,206 498,206 — 498,206 — Equity securities 4,021 4,021 4,021 — — Nonmarketable equity securities 3,447 3,447 — 3,447 — Loans HFS 29,116 29,116 — 29,116 — Loans HFI, net of allowance 1,570,495 1,578,398 — — 1,578,398 Accrued interest receivable 6,880 6,880 — — 6,880 Financial liabilities: Deposits 2,340,360 2,344,969 — 2,344,969 — Accrued interest payable 1,774 1,774 — 1,774 —

Regulatory Capital Requirements

Regulatory Capital Requirements	6 Months Ended
	Jun. 30, 2021
Regulatory Capital Requirements Under Banking Regulations [Abstract]
Regulatory Capital Requirements	Regulatory Capital Requirements Red River Bank The Bank is subject to various regulatory capital requirements administered by the FDIC. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Bank's and the Company's financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of its assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. The Bank is subject to Basel III capital guidelines. Basel III requires the Bank to maintain certain minimum ratios to meet capital adequacy requirements. In addition, a capital conservation buffer was established above the minimum regulatory capital requirements. Effective January 1, 2019, the final capital conservation buffer was fully phased in at 2.500%. It is management’s belief that, as of June 30, 2021, the Bank met all capital adequacy requirements under Basel III. Management expects that the capital ratios for the Bank under Basel III will continue to exceed capital adequacy requirements. The most recent notification from the FDIC (as of December 31, 2019) categorized the Bank as "well capitalized" under the regulatory framework for prompt corrective action. Capital amounts and ratios for Red River Bank as of June 30, 2021 and December 31, 2020, are presented in the following table: Regulatory Requirements Actual Minimum Minimum Plus CCB (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio June 30, 2021 Total Risk-Based Capital $ 289,125 17.83 % $ 129,746 8.00 % $ 170,291 10.50 % Tier I Risk-Based Capital $ 269,665 16.63 % $ 97,309 6.00 % $ 137,855 8.50 % Common Equity Tier I Capital $ 269,665 16.63 % $ 72,982 4.50 % $ 113,527 7.00 % Tier I Leverage Capital $ 269,665 9.41 % $ 114,627 4.00 % $ 114,627 4.00 % December 31, 2020 Total Risk-Based Capital $ 271,061 17.17 % $ 126,307 8.00 % $ 165,778 10.50 % Tier I Risk-Based Capital $ 253,110 16.03 % $ 94,731 6.00 % $ 134,202 8.50 % Common Equity Tier I Capital $ 253,110 16.03 % $ 71,048 4.50 % $ 110,519 7.00 % Tier I Leverage Capital $ 253,110 9.98 % $ 101,495 4.00 % $ 101,495 4.00 % Red River Bancshares, Inc. As a general matter, bank holding companies are subject to capital adequacy requirements under applicable Federal Reserve regulations. However, bank holding companies which qualify as "small bank holding companies" under the Federal Reserve's Small Bank Holding Company Policy Statement are exempt from the Federal Reserve's capital adequacy guidelines at the holding company level. In May 2018, the Economic Growth Act was enacted, and it increased the asset threshold for "small bank holding companies" from $1.0 billion to $3.0 billion. Because the Company had less than $3.0 billion in assets as of June 30, 2020, the last applicable measurement date, it is not subject to capital adequacy guidelines on a consolidated basis. Although the minimum regulatory capital requirements are not applicable to the Company, the Company calculates these ratios for its own planning and monitoring purposes. Capital amounts and ratios for Red River Bancshares, Inc. as of June 30, 2021 and December 31, 2020, are presented in the following table: Actual (dollars in thousands) Amount Ratio June 30, 2021 Total Risk-Based Capital $ 309,780 19.10 % Tier I Risk-Based Capital $ 290,320 17.90 % Common Equity Tier I Capital $ 290,320 17.90 % Tier I Leverage Capital $ 290,320 10.13 % December 31, 2020 Total Risk-Based Capital $ 294,962 18.68 % Tier I Risk-Based Capital $ 277,011 17.55 % Common Equity Tier I Capital $ 277,011 17.55 % Tier I Leverage Capital $ 277,011 10.92 % Community Bank Leverage Ratio Framework As part of the directive under the Economic Growth Act, on September 17, 2019, the FDIC and other federal bank regulatory agencies approved the CBLR framework. This optional framework became effective January 1, 2020, and is available as an alternative to the Basel III risk-based capital framework. The CBLR framework provides for a simple measure of capital adequacy for certain community banking organizations. Specifically, depository institutions and depository institution holding companies that have less than $10.0 billion in total consolidated assets and meet other qualifying criteria, including a Tier 1 leverage ratio of greater than 9.00% (subsequently temporarily reduced to 8.00% for 2020 and 8.50% for 2021 as a COVID-19 relief measure), are considered qualifying community banking organizations and are eligible to opt into the CBLR framework and replace the applicable Basel III risk-based capital requirements.

Earnings Per Common Share

Earnings Per Common Share	6 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
Earnings Per Common Share	Earnings Per Common Share Basic EPS is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period, after giving retroactive effect to stock splits. Diluted EPS includes accrued but unissued shares relating to the Amended and Restated Director Compensation Program, stock options, and restricted stock determined using the treasury stock method. The dilutive EPS calculation assumes all outstanding stock options to purchase common stock have been exercised at the beginning of the year, and the pro forma proceeds from the exercised options and restricted stock are used to purchase common stock at the average fair market valuation price. The computations of basic and diluted earnings per common share for the Company were as follows: For the Three Months Ended June 30, For the Six Months Ended June 30, (in thousands, except per share amounts) 2021 2020 2021 2020 Numerator: Net income - basic $ 8,239 $ 6,854 $ 16,304 $ 13,599 Net income - diluted $ 8,239 $ 6,854 $ 16,304 $ 13,599 Denominator: Weighted average shares outstanding - basic 7,300,040 7,322,532 7,308,968 7,317,906 Plus: Effect of Director Compensation Program 283 869 514 800 Plus: Effect of stock options and restricted stock 19,028 25,371 19,028 32,204 Weighted average shares outstanding - diluted 7,319,351 7,348,772 7,328,510 7,350,910 Earnings per common share: Basic $ 1.13 $ 0.94 $ 2.23 $ 1.86 Diluted $ 1.13 $ 0.93 $ 2.22 $ 1.85

Stock Repurchase Program

Stock Repurchase Program	6 Months Ended
	Jun. 30, 2021
Equity [Abstract]
Stock Repurchase Program	Stock Repurchase ProgramOn August 27, 2020, the Company's board of directors approved a stock repurchase program. The repurchase program authorizes the Company to purchase up to $3.0 million of its outstanding shares of common stock through August 27, 2021. Repurchases may be made from time to time in the open market at prevailing prices and based on market conditions, or in privately negotiated transactions. For the three months ended June 30, 2021, the Company repurchased 21,653 shares of its common stock at an aggregate cost of $1.2 million. For the six months ended June 30, 2021, the Company repurchased 41,314 shares of its common stock at an aggregate cost of $2.2 million.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of PresentationThe accompanying unaudited consolidated financial statements of the Company were prepared in accordance with GAAP for interim financial information, general practices within the financial services industry, and with instructions for Form 10-Q and Regulation S-X. Accordingly, these interim financial statements do not include all of the information or footnotes required by GAAP for annual financial statements. However, in the opinion of management, all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of the financial statements have been included. The results of operations for the interim periods disclosed herein are not necessarily indicative of the results which may be expected for the entire fiscal year. These statements should be read in conjunction with the Company's audited consolidated financial statements and notes thereto for the year ended December 31, 2020, included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020.
Reclassification	Certain prior period amounts have been reclassified to conform to the current period presentation. These changes in presentation did not have a material impact on the Company's financial condition or results of operations.
Critical Accounting Policies and Estimates	Critical Accounting Policies and Estimates There were no material changes or developments during the reporting period with respect to methodologies the Company uses when applying critical accounting policies and developing critical accounting estimates as disclosed in Note 1 of the notes to the audited consolidated financial statements for the year ended December 31, 2020, that were included in the Company's Annual Report on Form 10-K for the year ended December 31, 2020. In preparing the financial statements, the Company is required to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. The financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair statement of the Company’s financial condition, results of operations, comprehensive income, changes in stockholders’ equity, and cash flows for the interim period presented. These adjustments are of a normal recurring nature and include appropriate estimated provisions.
Recent Accounting Pronouncements	Recent Accounting Pronouncements ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. ASU 2016-13 sets forth the CECL model requiring the Company to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. ASU 2016-13 requires enhanced disclosures related to the significant estimates and judgments used in estimating credit losses. In addition, the update amends the accounting for credit losses on AFS securities. As an SEC registrant with smaller reporting company filing status as determined on June 30, 2019, CECL is effective for the Company January 1, 2023. The Company continues to evaluate the impact of this ASU on the consolidated financial statements and disclosures. In that regard, the Company has formed a cross-functional working group and is currently working through an implementation plan. The implementation plan includes an assessment of data, model development and documentation, documentation of processes, and implementation of a third-party vendor solution to assist in the adoption of ASU 2016-13 .

Securities (Tables)

Securities (Tables)	6 Months Ended
	Jun. 30, 2021
Investments, Debt and Equity Securities [Abstract]
Schedule of debt securities available for sale	The amortized cost and estimated fair values of securities AFS are summarized in the following tables: June 30, 2021 (in thousands) Amortized Gross Gross Fair Securities AFS: Mortgage-backed securities $ 296,205 $ 1,913 $ (4,340) $ 293,778 Municipal bonds 207,413 4,142 (504) 211,051 U.S. agency securities 7,055 153 (25) 7,183 Total Securities AFS $ 510,673 $ 6,208 $ (4,869) $ 512,012 December 31, 2020 (in thousands) Amortized Gross Gross Fair Securities AFS: Mortgage-backed securities $ 271,709 $ 3,450 $ (332) $ 274,827 Municipal bonds 207,834 5,498 (51) 213,281 U.S. agency securities 9,902 200 (4) 10,098 Total Securities AFS $ 489,445 $ 9,148 $ (387) $ 498,206
Schedule of maturities of securities available for sale	The amortized costs and estimated fair value of debt securities as of June 30, 2021, by contractual maturity, are shown below. Expected maturities may differ from contractual maturities because issuers have the right to call or repay obligations with or without call or prepayment penalties. (in thousands) Amortized Fair Within one year $ 4,069 $ 4,077 After one year but within five years 30,116 30,758 After five years but within ten years 40,610 41,716 After ten years 435,878 435,461 Total $ 510,673 $ 512,012
Schedule of debt securities available for sale in unrealized loss position	Information pertaining to securities with gross unrealized losses as of June 30, 2021 and December 31, 2020, aggregated by investment category and length of time that individual securities have been in a continuous loss position is described as follows: Less than twelve months Twelve months or more (in thousands) Gross Fair Gross Fair June 30, 2021 Securities AFS: Mortgage-backed securities $ (4,340) $ 214,411 $ — $ — Municipal bonds (504) 32,969 — — U.S. agency securities (25) 2,955 — — Total Securities AFS $ (4,869) $ 250,335 $ — $ — December 31, 2020 Securities AFS: Mortgage-backed securities $ (332) $ 72,367 $ — $ — Municipal bonds (51) 9,466 — — U.S. agency securities (4) 4,996 — — Total Securities AFS $ (387) $ 86,829 $ — $ —
Schedule of realized gain (loss)	The proceeds from sales and calls of securities AFS and their gross gain (loss) for the three and six months ended June 30, 2021 and 2020, are shown below: Three Months Ended Six Months Ended (in thousands) 2021 2020 2021 2020 Proceeds (1) $ 50,399 $ 55,765 $ 115,168 $ 86,925 Gross gain $ 408 $ 861 $ 850 $ 1,316 Gross loss $ (374) $ (21) $ (657) $ (93)

Loans and Asset Quality (Tables

Loans and Asset Quality (Tables)	6 Months Ended
	Jun. 30, 2021
Receivables [Abstract]
Schedule of loans information	Loans HFI by category and loans HFS are summarized below: (in thousands) June 30, 2021 December 31, 2020 Real estate: Commercial real estate $ 578,005 $ 556,769 One-to-four family residential 462,611 442,889 Construction and development 101,073 127,321 Commercial and industrial 280,004 250,428 SBA PPP, net of deferred income 82,972 118,447 Tax-exempt 73,289 68,666 Consumer 22,434 23,926 Total loans HFI $ 1,600,388 $ 1,588,446 Total loans HFS $ 12,291 $ 29,116
Schedule of allowance for credit losses	The following table summarizes the activity in the allowance for loan losses by category for the six months ended June 30, 2021: (in thousands) Beginning Provision Charge-offs Recoveries Ending Real estate: Commercial real estate $ 5,798 $ 730 $ — $ — $ 6,528 One-to-four family residential 5,390 412 (10) 7 5,799 Construction and development 1,699 (326) — 1 1,374 Commercial and industrial 3,631 698 (40) 13 4,302 SBA PPP, net of deferred income 318 (91) — — 227 Tax-exempt 680 69 — — 749 Consumer 435 108 (163) 101 481 Total allowance for loan losses $ 17,951 $ 1,600 $ (213) $ 122 $ 19,460 The following table summarizes the activity in the allowance for loan losses by category for the twelve months ended December 31, 2020: (in thousands) Beginning Provision Charge-offs Recoveries Ending Real estate: Commercial real estate $ 3,454 $ 2,344 $ — $ — $ 5,798 One-to-four family residential 3,323 2,057 — 10 5,390 Construction and development 1,211 501 (14) 1 1,699 Commercial and industrial 5,175 551 (2,184) 89 3,631 SBA PPP, net of deferred income — 318 — — 318 Tax-exempt 334 346 — — 680 Consumer 440 176 (355) 174 435 Total allowance for loan losses $ 13,937 $ 6,293 $ (2,553) $ 274 $ 17,951 The balance in the allowance for loan losses and the related recorded investment in loans by category as of June 30, 2021, are as follows: (in thousands) Individually Collectively Acquired with Total Allowance for loan losses: Real estate: Commercial real estate $ 614 $ 5,914 $ — $ 6,528 One-to-four family residential 11 5,788 — 5,799 Construction and development — 1,374 — 1,374 Commercial and industrial 10 4,292 — 4,302 SBA PPP, net of deferred income — 227 — 227 Tax-exempt — 749 — 749 Consumer 106 375 — 481 Total allowance for loan losses $ 741 $ 18,719 $ — $ 19,460 Loans: Real estate: Commercial real estate $ 3,610 $ 574,395 $ — $ 578,005 One-to-four family residential 401 462,210 — 462,611 Construction and development 750 100,323 — 101,073 Commercial and industrial 800 279,204 — 280,004 SBA PPP, net of deferred income — 82,972 — 82,972 Tax-exempt — 73,289 — 73,289 Consumer 106 22,328 — 22,434 Total loans HFI $ 5,667 $ 1,594,721 $ — $ 1,600,388 The balance in the allowance for loan losses and the related recorded investment in loans by category as of December 31, 2020, are as follows: (in thousands) Individually Collectively Acquired with Total Allowance for loan losses: Real estate: Commercial real estate $ 268 $ 5,530 $ — $ 5,798 One-to-four family residential 45 5,345 — 5,390 Construction and development — 1,699 — 1,699 Commercial and industrial 540 3,091 — 3,631 SBA PPP, net of deferred income — 318 — 318 Tax-exempt — 680 — 680 Consumer 111 324 — 435 Total allowance for loan losses $ 964 $ 16,987 $ — $ 17,951 Loans: Real estate: Commercial real estate $ 3,617 $ 553,152 $ — $ 556,769 One-to-four family residential 1,126 441,763 — 442,889 Construction and development — 127,321 — 127,321 Commercial and industrial 3,979 246,449 — 250,428 SBA PPP, net of deferred income — 118,447 — 118,447 Tax-exempt — 68,666 — 68,666 Consumer 114 23,812 — 23,926 Total loans HFI $ 8,836 $ 1,579,610 $ — $ 1,588,446
Schedule of financing receivable past due	A summary of current, past due, and nonaccrual loans as of June 30, 2021, is as follows: Accruing (in thousands) Current 30-89 Days 90 Days Nonaccrual Total Real estate: Commercial real estate $ 577,258 $ — $ — $ 747 $ 578,005 One-to-four family residential 462,380 — — 231 462,611 Construction and development 100,824 — — 249 101,073 Commercial and industrial 279,198 7 — 799 280,004 SBA PPP, net of deferred income 82,972 — — — 82,972 Tax-exempt 73,289 — — — 73,289 Consumer 22,396 37 1 — 22,434 Total loans HFI $ 1,598,317 $ 44 $ 1 $ 2,026 $ 1,600,388 A summary of current, past due, and nonaccrual loans as of December 31, 2020, is as follows: Accruing (in thousands) Current 30-89 Days 90 Days Nonaccrual Total Real estate: Commercial real estate $ 554,861 $ 62 $ — $ 1,846 $ 556,769 One-to-four family residential 442,096 219 — 574 442,889 Construction and development 127,258 63 — — 127,321 Commercial and industrial 249,453 93 — 882 250,428 SBA PPP, net of deferred income 118,447 — — — 118,447 Tax-exempt 68,666 — — — 68,666 Consumer 23,891 27 3 5 23,926 Total loans HFI $ 1,584,672 $ 464 $ 3 $ 3,307 $ 1,588,446
Schedule of impaired financing receivable	Information pertaining to impaired loans as of June 30, 2021, is as follows: (in thousands) Unpaid Recorded Related Average With no related allowance recorded: Real estate: Commercial real estate $ 1,659 $ 1,656 $ — $ 1,488 One-to-four family residential 343 311 — 652 Construction and development 750 750 — 250 Commercial and industrial 1,730 786 — 323 SBA PPP, net of deferred income — — — — Tax-exempt — — — — Consumer — — — 1 Total with no related allowance 4,482 3,503 — 2,714 With allowance recorded: Real estate: Commercial real estate 1,958 1,954 614 1,947 One-to-four family residential 90 90 11 212 Construction and development — — — — Commercial and industrial 14 14 10 2,587 SBA PPP, net of deferred income — — — — Tax-exempt — — — — Consumer 106 106 106 109 Total with related allowance 2,168 2,164 741 4,855 Total impaired loans $ 6,650 $ 5,667 $ 741 $ 7,569 Information pertaining to impaired loans as of December 31, 2020, is as follows: (in thousands) Unpaid Recorded Related Average With no related allowance recorded: Real estate: Commercial real estate $ 1,459 $ 1,428 $ — $ 1,417 One-to-four family residential 891 827 — 987 Construction and development — — — — Commercial and industrial 92 92 — 1,173 SBA PPP, net of deferred income — — — — Tax-exempt — — — — Consumer 1 1 — 2 Total with no related allowance 2,443 2,348 — 3,579 With allowance recorded: Real estate: Commercial real estate 2,402 2,189 268 1,533 One-to-four family residential 306 299 45 234 Construction and development — — — 8 Commercial and industrial 4,854 3,887 540 6,521 SBA PPP, net of deferred income — — — — Tax-exempt — — — — Consumer 114 113 111 103 Total with related allowance 7,676 6,488 964 8,399 Total impaired loans $ 10,119 $ 8,836 $ 964 $ 11,978
Schedule of TDRs	A summary of current, past due, and nonaccrual TDR loans as of June 30, 2021, is as follows: (dollars in thousands) Current 30-89 90 Days Nonaccrual Total Real estate: Commercial real estate $ 1,782 $ — $ — $ — $ 1,782 One-to-four family residential 296 — — — 296 Construction and development — — — — — Commercial and industrial — — — — — SBA PPP, net of deferred income — — — — — Tax-exempt — — — — — Consumer — — — — — Total $ 2,078 $ — $ — $ — $ 2,078 Number of TDR loans 10 — — — 10 A summary of current, past due, and nonaccrual TDR loans as of December 31, 2020, is as follows: (dollars in thousands) Current 30-89 90 Days Nonaccrual Total Real estate: Commercial real estate $ 1,151 $ — $ — $ 1,212 $ 2,363 One-to-four family residential 303 — — — 303 Construction and development — — — — — Commercial and industrial — — — 5 5 SBA PPP, net of deferred income — — — — — Tax-exempt — — — — — Consumer — — — — — Total $ 1,454 $ — $ — $ 1,217 $ 2,671 Number of TDR loans 8 — — 4 12
Schedule of financing receivable by credit risk	The following table summarizes loans by risk rating as of June 30, 2021: (in thousands) Pass Special Substandard Doubtful Loss Total Real estate: Commercial real estate $ 573,788 $ 521 $ 3,696 $ — $ — $ 578,005 One-to-four family residential 461,909 331 371 — — 462,611 Construction and development 100,466 — 607 — — 101,073 Commercial and industrial 274,360 2,016 3,628 — — 280,004 SBA PPP, net of deferred income 82,972 — — — — 82,972 Tax-exempt 73,289 — — — — 73,289 Consumer 22,327 — 107 — — 22,434 Total loans HFI $ 1,589,111 $ 2,868 $ 8,409 $ — $ — $ 1,600,388 The following table summarizes loans by risk rating as of December 31, 2020: (in thousands) Pass Special Substandard Doubtful Loss Total Real estate: Commercial real estate $ 551,954 $ 555 $ 4,260 $ — $ — $ 556,769 One-to-four family residential 441,374 486 1,029 — — 442,889 Construction and development 126,542 — 779 — — 127,321 Commercial and industrial 245,043 1,310 4,075 — — 250,428 SBA PPP, net of deferred income 118,447 — — — — 118,447 Tax-exempt 68,666 — — — — 68,666 Consumer 23,813 — 113 — — 23,926 Total loans HFI $ 1,575,839 $ 2,351 $ 10,256 $ — $ — $ 1,588,446

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Jun. 30, 2021
Deposits [Abstract]
Summary of deposits	Deposits are summarized below: (in thousands) June 30, 2021 December 31, 2020 Noninterest-bearing deposits $ 1,031,486 $ 943,615 Interest-bearing deposits: NOW accounts 383,753 402,572 Money market accounts 637,845 506,902 Savings accounts 173,428 146,264 Time deposits < $100,000 110,105 108,982 Time deposits $100,000 to $250,000 137,879 138,683 Time deposits > $250,000 95,103 93,342 Total interest-bearing deposits 1,538,113 1,396,745 Total deposits $ 2,569,599 $ 2,340,360

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jun. 30, 2021
Fair Value Disclosures [Abstract]
Schedule of fair value of assets measured on recurring basis	The table below presents the recorded amount of assets measured at fair value on a recurring basis: (in thousands) Fair Value Level 1 Level 2 Level 3 June 30, 2021 Loans HFS $ 12,291 $ — $ 12,291 $ — Securities AFS: Mortgage-backed securities 293,778 — 293,778 — Municipal bonds 211,051 — 211,051 — U.S. agency securities 7,183 — 7,183 — Equity securities 3,961 3,961 — — December 31, 2020 Loans HFS $ 29,116 $ — $ 29,116 $ — Securities AFS: Mortgage-backed securities 274,827 — 274,827 — Municipal bonds 213,281 — 213,281 — U.S. agency securities 10,098 — 10,098 — Equity securities 4,021 4,021 — —
Schedule of fair value of assets measured on nonrecurring basis	The table below presents certain impaired loans that were remeasured and reported at fair value through the allowance for loan losses based upon the fair value of the underlying collateral during the reported periods: For the Six Months Ended (in thousands) June 30, 2021 June 30, 2020 Carrying value of impaired loans before allowance for loan losses $ 1,537 $ 585 Specific allowance for loan losses (10) (290) Fair value of impaired loans $ 1,527 $ 295 The following table presents foreclosed assets that were remeasured and reported at fair value during the reported periods: For the Six Months Ended (in thousands) June 30, 2021 June 30, 2020 Foreclosed assets remeasured at initial recognition: Carrying value of foreclosed assets prior to remeasurement $ 266 $ 23 Charge-offs — — Fair value of foreclosed assets $ 266 $ 23
Schedule of inputs used for the Level 3 fair value measurement	The unobservable inputs used for the Level 3 fair value measurements on a nonrecurring basis are as follows: (dollars in thousands) Fair Value Valuation Technique Unobservable Input Discount Ranges Weighted Average Discount June 30, 2021 Impaired loans $ 4,926 Discounted appraisals Collateral discounts and costs to sell 0% - 100% 13.08% Foreclosed assets $ 1,059 Discounted appraisals Collateral discounts and costs to sell N/A N/A December 31, 2020 Impaired loans $ 7,872 Discounted appraisals Collateral discounts and costs to sell 0% - 100% 10.91% Foreclosed assets $ 896 Discounted appraisals Collateral discounts and costs to sell 0% - 13% 1.86%
Schedule of carrying amounts and estimated fair values of financial instruments	The carrying amounts and estimated fair values of financial instruments as of June 30, 2021 and December 31, 2020, were as follows: (in thousands) Carrying Fair Value Level 1 Level 2 Level 3 June 30, 2021 Financial assets: Cash and due from banks $ 33,728 $ 33,728 $ 33,728 $ — $ — Interest-bearing deposits in other banks 633,744 633,744 633,744 — — Securities AFS 512,012 512,012 — 512,012 — Equity securities 3,961 3,961 3,961 — — Nonmarketable equity securities 3,449 3,449 — 3,449 — Loans HFS 12,291 12,291 — 12,291 — Loans HFI, net of allowance 1,580,928 1,588,641 — — 1,588,641 Accrued interest receivable 6,039 6,039 — — 6,039 Financial liabilities: Deposits 2,569,599 2,572,486 — 2,572,486 — Accrued interest payable 1,432 1,432 — 1,432 — December 31, 2020 Financial assets: Cash and due from banks $ 29,537 $ 29,537 $ 29,537 $ — $ — Interest-bearing deposits in other banks 417,664 417,664 417,664 — — Securities AFS 498,206 498,206 — 498,206 — Equity securities 4,021 4,021 4,021 — — Nonmarketable equity securities 3,447 3,447 — 3,447 — Loans HFS 29,116 29,116 — 29,116 — Loans HFI, net of allowance 1,570,495 1,578,398 — — 1,578,398 Accrued interest receivable 6,880 6,880 — — 6,880 Financial liabilities: Deposits 2,340,360 2,344,969 — 2,344,969 — Accrued interest payable 1,774 1,774 — 1,774 —

Regulatory Capital Requiremen_2

Regulatory Capital Requirements (Tables)	6 Months Ended
	Jun. 30, 2021
Regulatory Capital Requirements Under Banking Regulations [Abstract]
Schedule of compliance with regulatory capital requirements under banking regulations	Capital amounts and ratios for Red River Bank as of June 30, 2021 and December 31, 2020, are presented in the following table: Regulatory Requirements Actual Minimum Minimum Plus CCB (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio June 30, 2021 Total Risk-Based Capital $ 289,125 17.83 % $ 129,746 8.00 % $ 170,291 10.50 % Tier I Risk-Based Capital $ 269,665 16.63 % $ 97,309 6.00 % $ 137,855 8.50 % Common Equity Tier I Capital $ 269,665 16.63 % $ 72,982 4.50 % $ 113,527 7.00 % Tier I Leverage Capital $ 269,665 9.41 % $ 114,627 4.00 % $ 114,627 4.00 % December 31, 2020 Total Risk-Based Capital $ 271,061 17.17 % $ 126,307 8.00 % $ 165,778 10.50 % Tier I Risk-Based Capital $ 253,110 16.03 % $ 94,731 6.00 % $ 134,202 8.50 % Common Equity Tier I Capital $ 253,110 16.03 % $ 71,048 4.50 % $ 110,519 7.00 % Tier I Leverage Capital $ 253,110 9.98 % $ 101,495 4.00 % $ 101,495 4.00 % Capital amounts and ratios for Red River Bancshares, Inc. as of June 30, 2021 and December 31, 2020, are presented in the following table: Actual (dollars in thousands) Amount Ratio June 30, 2021 Total Risk-Based Capital $ 309,780 19.10 % Tier I Risk-Based Capital $ 290,320 17.90 % Common Equity Tier I Capital $ 290,320 17.90 % Tier I Leverage Capital $ 290,320 10.13 % December 31, 2020 Total Risk-Based Capital $ 294,962 18.68 % Tier I Risk-Based Capital $ 277,011 17.55 % Common Equity Tier I Capital $ 277,011 17.55 % Tier I Leverage Capital $ 277,011 10.92 %

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
Schedule of earnings per share	The computations of basic and diluted earnings per common share for the Company were as follows: For the Three Months Ended June 30, For the Six Months Ended June 30, (in thousands, except per share amounts) 2021 2020 2021 2020 Numerator: Net income - basic $ 8,239 $ 6,854 $ 16,304 $ 13,599 Net income - diluted $ 8,239 $ 6,854 $ 16,304 $ 13,599 Denominator: Weighted average shares outstanding - basic 7,300,040 7,322,532 7,308,968 7,317,906 Plus: Effect of Director Compensation Program 283 869 514 800 Plus: Effect of stock options and restricted stock 19,028 25,371 19,028 32,204 Weighted average shares outstanding - diluted 7,319,351 7,348,772 7,328,510 7,350,910 Earnings per common share: Basic $ 1.13 $ 0.94 $ 2.23 $ 1.86 Diluted $ 1.13 $ 0.93 $ 2.22 $ 1.85

Securities - Narrative (Details

Securities - Narrative (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2021USD ($)loan	Jun. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Investments, Debt and Equity Securities [Abstract]
Purchases	$ 188,583	$ 198,841
Sales	111,535	86,925
Maturities, principal repayments, and calls	54,607	$ 42,076
Increase in fair value	$ 7,400
Number of positions | loan	97
Securities in a loss position as a percent of total AFS securities	0.95%
Securities pledged to secure public deposits	$ 114,300		$ 105,100

Securities - Schedule of Amorti

Securities - Schedule of Amortized Cost and Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 510,673	$ 489,445
Gross Unrealized Gains	6,208	9,148
Gross Unrealized Losses	(4,869)	(387)
Fair Value	512,012	498,206
Mortgage-backed securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	296,205	271,709
Gross Unrealized Gains	1,913	3,450
Gross Unrealized Losses	(4,340)	(332)
Fair Value	293,778	274,827
Municipal bonds
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	207,413	207,834
Gross Unrealized Gains	4,142	5,498
Gross Unrealized Losses	(504)	(51)
Fair Value	211,051	213,281
U.S. agency securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	7,055	9,902
Gross Unrealized Gains	153	200
Gross Unrealized Losses	(25)	(4)
Fair Value	$ 7,183	$ 10,098

Securities - Schedule of AFS De

Securities - Schedule of AFS Debt Securities, By Maturity Date (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Amortized Cost
Within one year	$ 4,069
After one year but within five years	30,116
After five years but within ten years	40,610
After ten years	435,878
Amortized Cost	510,673	$ 489,445
Fair Value
Within one year	4,077
After one year but within five years	30,758
After five years but within ten years	41,716
After ten years	435,461
Fair Value	$ 512,012

Securities - Schedule of Securi

Securities - Schedule of Securities With Gross Unrealized Losses (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]
Gross Unrealized Losses	$ (4,869)	$ (387)
Fair Value	250,335	86,829
Gross Unrealized Losses	0	0
Fair Value	0	0
Mortgage-backed securities
Debt Securities, Available-for-sale [Line Items]
Gross Unrealized Losses	(4,340)	(332)
Fair Value	214,411	72,367
Gross Unrealized Losses	0	0
Fair Value	0	0
Municipal bonds
Debt Securities, Available-for-sale [Line Items]
Gross Unrealized Losses	(504)	(51)
Fair Value	32,969	9,466
Gross Unrealized Losses	0	0
Fair Value	0	0
U.S. agency securities
Debt Securities, Available-for-sale [Line Items]
Gross Unrealized Losses	(25)	(4)
Fair Value	2,955	4,996
Gross Unrealized Losses	0	0
Fair Value	$ 0	$ 0

Securities - Schedule of Procee

Securities - Schedule of Proceeds from Sale Of Securities AFS and Their Gains (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Investments, Debt and Equity Securities [Abstract]
Proceeds	$ 50,399	$ 55,765	$ 115,168	$ 86,925
Gross gain	408	861	850	1,316
Gross loss	$ (374)	$ (21)	$ (657)	$ (93)

Loans and Asset Quality - Total

Loans and Asset Quality - Total Loans Held for Investment by Category and Loans Held for Sale (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans HFI	$ 1,600,388	$ 1,588,446
Total loans HFS	12,291	29,116
Real estate | Commercial real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans HFI	578,005	556,769
Real estate | One-to-four family residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans HFI	462,611	442,889
Real estate | Construction and development
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans HFI	101,073	127,321
Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans HFI	280,004	250,428
SBA PPP, net of deferred income
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans HFI	82,972	118,447
Tax-exempt
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans HFI	73,289	68,666
Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans HFI	$ 22,434	$ 23,926

Loans and Asset Quality - Sched

Loans and Asset Quality - Schedule of Allowance of Loan Losses By Category (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	$ 17,951	$ 13,937
Provision for Loan Losses	1,600	6,293
Charge-offs	(213)	(2,553)
Recoveries	122	274
Ending Balance	19,460	17,951
Real estate | Commercial real estate
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	5,798	3,454
Provision for Loan Losses	730	2,344
Charge-offs	0	0
Recoveries	0	0
Ending Balance	6,528	5,798
Real estate | One-to-four family residential
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	5,390	3,323
Provision for Loan Losses	412	2,057
Charge-offs	(10)	0
Recoveries	7	10
Ending Balance	5,799	5,390
Real estate | Construction and development
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	1,699	1,211
Provision for Loan Losses	(326)	501
Charge-offs	0	(14)
Recoveries	1	1
Ending Balance	1,374	1,699
Commercial and industrial
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	3,631	5,175
Provision for Loan Losses	698	551
Charge-offs	(40)	(2,184)
Recoveries	13	89
Ending Balance	4,302	3,631
SBA PPP, net of deferred income
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	318	0
Provision for Loan Losses	(91)	318
Charge-offs	0	0
Recoveries	0	0
Ending Balance	227	318
Tax-exempt
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	680	334
Provision for Loan Losses	69	346
Charge-offs	0	0
Recoveries	0	0
Ending Balance	749	680
Consumer
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	435	440
Provision for Loan Losses	108	176
Charge-offs	(163)	(355)
Recoveries	101	174
Ending Balance	$ 481	$ 435

Loans and Asset Quality - Sch_2

Loans and Asset Quality - Schedule of Allowance for Loan Losses and the Related Recorded Investment in Loans by Category (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Allowance for loan losses:
Individually Evaluated for Impairment	$ 741	$ 964
Collectively Evaluated for Impairment	18,719	16,987
Loans and Leases Receivable, Allowance	19,460	17,951	$ 13,937
Loans:
Individually Evaluated for Impairment	5,667	8,836
Collectively Evaluated for Impairment	1,594,721	1,579,610
Loans held for investment	1,600,388	1,588,446
Acquired with Deteriorated Credit Quality
Allowance for loan losses:
Loans and Leases Receivable, Allowance	0	0
Loans:
Loans held for investment	0	0
Real estate | Commercial real estate
Allowance for loan losses:
Individually Evaluated for Impairment	614	268
Collectively Evaluated for Impairment	5,914	5,530
Loans and Leases Receivable, Allowance	6,528	5,798	3,454
Loans:
Individually Evaluated for Impairment	3,610	3,617
Collectively Evaluated for Impairment	574,395	553,152
Loans held for investment	578,005	556,769
Real estate | Commercial real estate | Acquired with Deteriorated Credit Quality
Allowance for loan losses:
Loans and Leases Receivable, Allowance	0	0
Loans:
Loans held for investment	0	0
Real estate | One-to-four family residential
Allowance for loan losses:
Individually Evaluated for Impairment	11	45
Collectively Evaluated for Impairment	5,788	5,345
Loans and Leases Receivable, Allowance	5,799	5,390	3,323
Loans:
Individually Evaluated for Impairment	401	1,126
Collectively Evaluated for Impairment	462,210	441,763
Loans held for investment	462,611	442,889
Real estate | One-to-four family residential | Acquired with Deteriorated Credit Quality
Allowance for loan losses:
Loans and Leases Receivable, Allowance	0	0
Loans:
Loans held for investment	0	0
Real estate | Construction and development
Allowance for loan losses:
Individually Evaluated for Impairment	0	0
Collectively Evaluated for Impairment	1,374	1,699
Loans and Leases Receivable, Allowance	1,374	1,699	1,211
Loans:
Individually Evaluated for Impairment	750	0
Collectively Evaluated for Impairment	100,323	127,321
Loans held for investment	101,073	127,321
Real estate | Construction and development | Acquired with Deteriorated Credit Quality
Allowance for loan losses:
Loans and Leases Receivable, Allowance	0	0
Loans:
Loans held for investment	0	0
Commercial and industrial
Allowance for loan losses:
Individually Evaluated for Impairment	10	540
Collectively Evaluated for Impairment	4,292	3,091
Loans and Leases Receivable, Allowance	4,302	3,631	5,175
Loans:
Individually Evaluated for Impairment	800	3,979
Collectively Evaluated for Impairment	279,204	246,449
Loans held for investment	280,004	250,428
Commercial and industrial | Acquired with Deteriorated Credit Quality
Allowance for loan losses:
Loans and Leases Receivable, Allowance	0	0
Loans:
Loans held for investment	0	0
SBA PPP, net of deferred income
Allowance for loan losses:
Individually Evaluated for Impairment	0	0
Collectively Evaluated for Impairment	227	318
Loans and Leases Receivable, Allowance	227	318	0
Loans:
Individually Evaluated for Impairment	0	0
Collectively Evaluated for Impairment	82,972	118,447
Loans held for investment	82,972	118,447
SBA PPP, net of deferred income | Acquired with Deteriorated Credit Quality
Allowance for loan losses:
Loans and Leases Receivable, Allowance	0	0
Loans:
Loans held for investment	0	0
Tax-exempt
Allowance for loan losses:
Individually Evaluated for Impairment	0	0
Collectively Evaluated for Impairment	749	680
Loans and Leases Receivable, Allowance	749	680	334
Loans:
Individually Evaluated for Impairment	0	0
Collectively Evaluated for Impairment	73,289	68,666
Loans held for investment	73,289	68,666
Tax-exempt | Acquired with Deteriorated Credit Quality
Allowance for loan losses:
Loans and Leases Receivable, Allowance	0	0
Loans:
Loans held for investment	0	0
Consumer
Allowance for loan losses:
Individually Evaluated for Impairment	106	111
Collectively Evaluated for Impairment	375	324
Loans and Leases Receivable, Allowance	481	435	$ 440
Loans:
Individually Evaluated for Impairment	106	114
Collectively Evaluated for Impairment	22,328	23,812
Loans held for investment	22,434	23,926
Consumer | Acquired with Deteriorated Credit Quality
Allowance for loan losses:
Loans and Leases Receivable, Allowance	0	0
Loans:
Loans held for investment	$ 0	$ 0

Loans and Asset Quality - Summa

Loans and Asset Quality - Summary of Current, Past Due, and Nonaccrual Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	$ 1,600,388	$ 1,588,446
Nonaccrual	2,026	3,307
Current
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	1,598,317	1,584,672
30-89 Days Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	44	464
90 Days or More Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	1	3
Real estate | Commercial real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	578,005	556,769
Nonaccrual	747	1,846
Real estate | Commercial real estate | Current
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	577,258	554,861
Real estate | Commercial real estate | 30-89 Days Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	62
Real estate | Commercial real estate | 90 Days or More Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Real estate | One-to-four family residential
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	462,611	442,889
Nonaccrual	231	574
Real estate | One-to-four family residential | Current
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	462,380	442,096
Real estate | One-to-four family residential | 30-89 Days Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	219
Real estate | One-to-four family residential | 90 Days or More Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Real estate | Construction and development
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	101,073	127,321
Nonaccrual	249	0
Real estate | Construction and development | Current
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	100,824	127,258
Real estate | Construction and development | 30-89 Days Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	63
Real estate | Construction and development | 90 Days or More Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Commercial and industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	280,004	250,428
Nonaccrual	799	882
Commercial and industrial | Current
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	279,198	249,453
Commercial and industrial | 30-89 Days Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	7	93
Commercial and industrial | 90 Days or More Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
SBA PPP, net of deferred income
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	82,972	118,447
Nonaccrual	0	0
SBA PPP, net of deferred income | Current
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	82,972	118,447
SBA PPP, net of deferred income | 30-89 Days Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
SBA PPP, net of deferred income | 90 Days or More Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Tax-exempt
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	73,289	68,666
Nonaccrual	0	0
Tax-exempt | Current
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	73,289	68,666
Tax-exempt | 30-89 Days Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Tax-exempt | 90 Days or More Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	22,434	23,926
Nonaccrual	0	5
Consumer | Current
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	22,396	23,891
Consumer | 30-89 Days Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	37	27
Consumer | 90 Days or More Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	$ 1	$ 3

Loans and Asset Quality - Sch_3

Loans and Asset Quality - Schedule of Loans Impaired (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Unpaid Principal Balance
With no related allowance recorded:	$ 4,482	$ 2,443
With allowance recorded:	2,168	7,676
Total impaired loans	6,650	10,119
Recorded Investment
With no related allowance recorded:	3,503	2,348
With allowance recorded:	2,164	6,488
Total impaired loans	5,667	8,836
Related Allowance	741	964
Average Recorded Investment
With no related allowance recorded:	2,714	3,579
With allowance recorded:	4,855	8,399
Total impaired loans	7,569	11,978
Real estate | Commercial real estate
Unpaid Principal Balance
With no related allowance recorded:	1,659	1,459
With allowance recorded:	1,958	2,402
Recorded Investment
With no related allowance recorded:	1,656	1,428
With allowance recorded:	1,954	2,189
Related Allowance	614	268
Average Recorded Investment
With no related allowance recorded:	1,488	1,417
With allowance recorded:	1,947	1,533
Real estate | One-to-four family residential
Unpaid Principal Balance
With no related allowance recorded:	343	891
With allowance recorded:	90	306
Recorded Investment
With no related allowance recorded:	311	827
With allowance recorded:	90	299
Related Allowance	11	45
Average Recorded Investment
With no related allowance recorded:	652	987
With allowance recorded:	212	234
Real estate | Construction and development
Unpaid Principal Balance
With no related allowance recorded:	750	0
With allowance recorded:	0	0
Recorded Investment
With no related allowance recorded:	750	0
With allowance recorded:	0	0
Related Allowance	0	0
Average Recorded Investment
With no related allowance recorded:	250	0
With allowance recorded:	0	8
Commercial and industrial
Unpaid Principal Balance
With no related allowance recorded:	1,730	92
With allowance recorded:	14	4,854
Recorded Investment
With no related allowance recorded:	786	92
With allowance recorded:	14	3,887
Related Allowance	10	540
Average Recorded Investment
With no related allowance recorded:	323	1,173
With allowance recorded:	2,587	6,521
SBA PPP, net of deferred income
Unpaid Principal Balance
With no related allowance recorded:	0	0
With allowance recorded:	0	0
Recorded Investment
With no related allowance recorded:	0	0
With allowance recorded:	0	0
Related Allowance	0	0
Average Recorded Investment
With no related allowance recorded:	0	0
With allowance recorded:	0	0
Tax-exempt
Unpaid Principal Balance
With no related allowance recorded:	0	0
With allowance recorded:	0	0
Recorded Investment
With no related allowance recorded:	0	0
With allowance recorded:	0	0
Related Allowance	0	0
Average Recorded Investment
With no related allowance recorded:	0	0
With allowance recorded:	0	0
Consumer
Unpaid Principal Balance
With no related allowance recorded:	0	1
With allowance recorded:	106	114
Recorded Investment
With no related allowance recorded:	0	1
With allowance recorded:	106	113
Related Allowance	106	111
Average Recorded Investment
With no related allowance recorded:	1	2
With allowance recorded:	$ 109	$ 103

Loans and Asset Quality - Narra

Loans and Asset Quality - Narrative (Details)	Jun. 30, 2021USD ($)loan	Dec. 31, 2020USD ($)loan	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)loan	Jun. 30, 2020USD ($)loan	Dec. 31, 2019USD ($)
Financing Receivable, Troubled Debt Restructuring [Line Items]
Interest income on impaired loans			$ 21,000	$ 71,000	$ 86,000	$ 162,000
Increase for allowance for loan losses	$ 19,460,000	$ 17,951,000	19,460,000		$ 19,460,000		$ 13,937,000
Loans modified as TDRs | loan	10	12			0	0
Defaults on loans					$ 0	$ 0
Unfunded Loan Commitment
Financing Receivable, Troubled Debt Restructuring [Line Items]
Other commitments	$ 315,500,000	$ 283,300,000	315,500,000		315,500,000
Standby Letters of Credit
Financing Receivable, Troubled Debt Restructuring [Line Items]
Other commitments	$ 12,000,000	$ 10,500,000	$ 12,000,000		$ 12,000,000

Loans and Asset Quality - Sum_2

Loans and Asset Quality - Summary of Current, Past Due, and Nonaccrual TDR Loans (Details) $ in Thousands	Jun. 30, 2021USD ($)loan	Dec. 31, 2020USD ($)loan	Jun. 30, 2021USD ($)loan	Jun. 30, 2020loan
TDR
Current	$ 2,078	$ 1,454	$ 2,078
Nonaccrual	0	1,217	0
Total TDRs	$ 2,078	$ 2,671	$ 2,078
Number of TDR loans
Current | loan	10	8
Nonaccrual | loan	0	4
Total TDRs | loan	10	12	0	0
30-89 Days Past Due
TDR
Past Due	$ 0	$ 0	$ 0
Number of TDR loans
Past Due | loan	0	0
90 Days or More Past Due
TDR
Past Due	$ 0	$ 0	0
Number of TDR loans
Past Due | loan	0	0
Real estate | Commercial real estate
TDR
Current	$ 1,782	$ 1,151	1,782
Nonaccrual	0	1,212	0
Total TDRs	1,782	2,363	1,782
Real estate | Commercial real estate | 30-89 Days Past Due
TDR
Past Due	0	0	0
Real estate | Commercial real estate | 90 Days or More Past Due
TDR
Past Due	0	0	0
Real estate | One-to-four family residential
TDR
Current	296	303	296
Nonaccrual	0	0	0
Total TDRs	296	303	296
Real estate | One-to-four family residential | 30-89 Days Past Due
TDR
Past Due	0	0	0
Real estate | One-to-four family residential | 90 Days or More Past Due
TDR
Past Due	0	0	0
Real estate | Construction and development
TDR
Current	0	0	0
Nonaccrual	0	0	0
Total TDRs	0	0	0
Real estate | Construction and development | 30-89 Days Past Due
TDR
Past Due	0	0	0
Real estate | Construction and development | 90 Days or More Past Due
TDR
Past Due	0	0	0
Commercial and industrial
TDR
Current	0	0	0
Nonaccrual	0	5	0
Total TDRs	0	5	0
Commercial and industrial | 30-89 Days Past Due
TDR
Past Due	0	0	0
Commercial and industrial | 90 Days or More Past Due
TDR
Past Due	0	0	0
SBA PPP, net of deferred income
TDR
Current	0	0	0
Nonaccrual	0	0	0
Total TDRs	0	0	0
SBA PPP, net of deferred income | 30-89 Days Past Due
TDR
Past Due	0	0	0
SBA PPP, net of deferred income | 90 Days or More Past Due
TDR
Past Due	0	0	0
Tax-exempt
TDR
Current	0	0	0
Nonaccrual	0	0	0
Total TDRs	0	0	0
Tax-exempt | 30-89 Days Past Due
TDR
Past Due	0	0	0
Tax-exempt | 90 Days or More Past Due
TDR
Past Due	0	0	0
Consumer
TDR
Current	0	0	0
Nonaccrual	0	0	0
Total TDRs	0	0	0
Consumer | 30-89 Days Past Due
TDR
Past Due	0	0	0
Consumer | 90 Days or More Past Due
TDR
Past Due	$ 0	$ 0	$ 0

Loans and Asset Quality - Sum_3

Loans and Asset Quality - Summary of Loans by Risk Rating (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	$ 1,600,388	$ 1,588,446
Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	1,589,111	1,575,839
Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	2,868	2,351
Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	8,409	10,256
Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Real estate | Commercial real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	578,005	556,769
Real estate | Commercial real estate | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	573,788	551,954
Real estate | Commercial real estate | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	521	555
Real estate | Commercial real estate | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	3,696	4,260
Real estate | Commercial real estate | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Real estate | Commercial real estate | Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Real estate | One-to-four family residential
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	462,611	442,889
Real estate | One-to-four family residential | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	461,909	441,374
Real estate | One-to-four family residential | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	331	486
Real estate | One-to-four family residential | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	371	1,029
Real estate | One-to-four family residential | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Real estate | One-to-four family residential | Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Real estate | Construction and development
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	101,073	127,321
Real estate | Construction and development | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	100,466	126,542
Real estate | Construction and development | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Real estate | Construction and development | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	607	779
Real estate | Construction and development | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Real estate | Construction and development | Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Commercial and industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	280,004	250,428
Commercial and industrial | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	274,360	245,043
Commercial and industrial | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	2,016	1,310
Commercial and industrial | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	3,628	4,075
Commercial and industrial | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Commercial and industrial | Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
SBA PPP, net of deferred income
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	82,972	118,447
SBA PPP, net of deferred income | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	82,972	118,447
SBA PPP, net of deferred income | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
SBA PPP, net of deferred income | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
SBA PPP, net of deferred income | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
SBA PPP, net of deferred income | Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Tax-exempt
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	73,289	68,666
Tax-exempt | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	73,289	68,666
Tax-exempt | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Tax-exempt | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Tax-exempt | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Tax-exempt | Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	22,434	23,926
Consumer | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	22,327	23,813
Consumer | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Consumer | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	107	113
Consumer | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	0	0
Consumer | Loss
Financing Receivable, Credit Quality Indicator [Line Items]
Loans held for investment	$ 0	$ 0

Deposits - Narrative (Details)

Deposits - Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Deposits [Abstract]
Deposits	$ 2,569,599	$ 2,340,360

Deposits - Summary (Details)

Deposits - Summary (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Deposits [Abstract]
Noninterest-bearing deposits	$ 1,031,486	$ 943,615
Interest-bearing deposits:
NOW accounts	383,753	402,572
Money market accounts	637,845	506,902
Savings accounts	173,428	146,264
Time deposits less than $100,000	110,105	108,982
Time deposits $100,000 to $250,000	137,879	138,683
Time deposits > $250,000	95,103	93,342
Total interest-bearing deposits	1,538,113	1,396,745
Total Deposits	$ 2,569,599	$ 2,340,360

Fair Value - Assets Measured on

Fair Value - Assets Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities AFS	$ 512,012	$ 498,206
Equity securities	3,961	4,021
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans HFS	0	0
Securities AFS	0	0
Equity securities	3,961	4,021
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans HFS	12,291	29,116
Securities AFS	512,012	498,206
Equity securities	0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans HFS	0	0
Securities AFS	0	0
Equity securities	0	0
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans HFS	12,291	29,116
Equity securities	3,961	4,021
Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans HFS	0	0
Equity securities	3,961	4,021
Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans HFS	12,291	29,116
Equity securities	0	0
Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans HFS	0	0
Equity securities	0	0
Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities AFS	293,778	274,827
Mortgage-backed securities | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities AFS	293,778	274,827
Mortgage-backed securities | Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities AFS	0	0
Mortgage-backed securities | Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities AFS	293,778	274,827
Mortgage-backed securities | Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities AFS	0	0
Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities AFS	211,051	213,281
Municipal bonds | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities AFS	211,051	213,281
Municipal bonds | Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities AFS	0	0
Municipal bonds | Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities AFS	211,051	213,281
Municipal bonds | Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities AFS	0	0
U.S. agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities AFS	7,183	10,098
U.S. agency securities | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities AFS	7,183	10,098
U.S. agency securities | Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities AFS	0	0
U.S. agency securities | Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities AFS	7,183	10,098
U.S. agency securities | Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities AFS	$ 0	$ 0

Fair Value - Assets Measured _2

Fair Value - Assets Measured on Nonrecurring Basis (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Specific allowance for loan losses	$ (1,600)		$ (6,293)
Remeasured Loans | Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying value of impaired loans before allowance for loan losses	1,537	$ 585
Specific allowance for loan losses	(10)	(290)
Fair value of impaired loans	1,527	295
Foreclosed assets remeasured at initial recognition:
Carrying value of foreclosed assets prior to remeasurement	266	23
Charge-offs	0	0
Fair value of foreclosed assets	$ 266	$ 23

Fair Value - Unobservable Input

Fair Value - Unobservable Inputs Used for the Level 3 (Details) $ in Thousands	Jun. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Minimum | Discounted appraisals | Collateral discounts and costs to sell
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans (percent)	0	0
Foreclosed assets (percent)		0
Maximum | Discounted appraisals | Collateral discounts and costs to sell
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans (percent)	1	1
Foreclosed assets (percent)		0.13
Weighted Average Discount | Discounted appraisals | Collateral discounts and costs to sell
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans (percent)	0.1308	0.1091
Foreclosed assets (percent)		0.0186
Nonrecurring | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	$ 4,926	$ 7,872
Foreclosed assets	$ 1,059	$ 896

Fair Value - Carrying Amounts a

Fair Value - Carrying Amounts and Estimated Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Financial assets:
Securities AFS	$ 512,012	$ 498,206
Equity securities	3,961	4,021
Nonmarketable equity securities	3,449	3,447
Level 1
Financial assets:
Cash and due from banks	33,728	29,537
Interest-bearing deposits in other banks	633,744	417,664
Securities AFS	0	0
Equity securities	3,961	4,021
Nonmarketable equity securities	0	0
Loans HFS	0	0
Loans HFI, net of allowance	0	0
Accrued interest receivable	0	0
Financial liabilities:
Deposits	0	0
Accrued interest payable	0	0
Level 2
Financial assets:
Cash and due from banks	0	0
Interest-bearing deposits in other banks	0	0
Securities AFS	512,012	498,206
Equity securities	0	0
Nonmarketable equity securities	3,449	3,447
Loans HFS	12,291	29,116
Loans HFI, net of allowance	0	0
Accrued interest receivable	0	0
Financial liabilities:
Deposits	2,572,486	2,344,969
Accrued interest payable	1,432	1,774
Level 3
Financial assets:
Cash and due from banks	0	0
Interest-bearing deposits in other banks	0	0
Securities AFS	0	0
Equity securities	0	0
Nonmarketable equity securities	0	0
Loans HFS	0	0
Loans HFI, net of allowance	1,588,641	1,578,398
Accrued interest receivable	6,039	6,880
Financial liabilities:
Deposits	0	0
Accrued interest payable	0	0
Carrying Amount
Financial assets:
Cash and due from banks	33,728	29,537
Interest-bearing deposits in other banks	633,744	417,664
Securities AFS	512,012	498,206
Equity securities	3,961	4,021
Nonmarketable equity securities	3,449	3,447
Loans HFS	12,291	29,116
Loans HFI, net of allowance	1,580,928	1,570,495
Accrued interest receivable	6,039	6,880
Financial liabilities:
Deposits	2,569,599	2,340,360
Accrued interest payable	1,432	1,774
Fair Value
Financial assets:
Cash and due from banks	33,728	29,537
Interest-bearing deposits in other banks	633,744	417,664
Securities AFS	512,012	498,206
Equity securities	3,961	4,021
Nonmarketable equity securities	3,449	3,447
Loans HFS	12,291	29,116
Loans HFI, net of allowance	1,588,641	1,578,398
Accrued interest receivable	6,039	6,880
Financial liabilities:
Deposits	2,572,486	2,344,969
Accrued interest payable	$ 1,432	$ 1,774

Regulatory Capital Requiremen_3

Regulatory Capital Requirements - Schedule of Regulatory Requirements (Details) $ in Thousands	Jun. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Red River Bank
Total Risk-Based Capital
Actual Amount	$ 289,125	$ 271,061
Actual Ratio	0.1783	0.1717
Regulatory Requirements, Minimum, Amount	$ 129,746	$ 126,307
Regulatory Requirements, Minimum, Ratio	0.0800	0.0800
Regulatory Requirements, Minimum Plus CCB, Amount	$ 170,291	$ 165,778
Regulatory Requirements, Minimum Plus CCB, Ratio	0.1050	0.1050
Tier I Risk-Based Capital
Actual Amount	$ 269,665	$ 253,110
Actual Ratio	0.1663	0.1603
Regulatory Requirements, Minimum, Amount	$ 97,309	$ 94,731
Regulatory Requirements, Minimum, Ratio	0.0600	0.0600
Regulatory Requirements, Minimum Plus CCB, Amount	$ 137,855	$ 134,202
Regulatory Requirements, Minimum Plus CCB, Ratio	0.0850	0.0850
Common Equity Tier I Capital
Actual Amount	$ 269,665	$ 253,110
Actual Ratio	0.1663	0.1603
Regulatory Requirements, Minimum, Amount	$ 72,982	$ 71,048
Regulatory Requirements, Minimum, Ratio	0.0450	0.0450
Regulatory Requirements, Minimum Plus CCB, Amount	$ 113,527	$ 110,519
Regulatory Requirements, Minimum Plus CCB, Ratio	0.0700	0.0700
Tier I Leverage Capital
Actual Amount	$ 269,665	$ 253,110
Actual Ratio	0.0941	0.0998
Regulatory Requirements, Minimum, Amount	$ 114,627	$ 101,495
Regulatory Requirements, Minimum, Ratio	0.0400	0.0400
Regulatory Requirements, Minimum Plus CCB, Amount	$ 114,627	$ 101,495
Regulatory Requirements, Minimum Plus CCB, Ratio	0.0400	0.0400
Red River Bancshares, Inc.
Total Risk-Based Capital
Actual Amount	$ 309,780	$ 294,962
Actual Ratio	0.1910	0.1868
Tier I Risk-Based Capital
Actual Amount	$ 290,320	$ 277,011
Actual Ratio	0.1790	0.1755
Common Equity Tier I Capital
Actual Amount	$ 290,320	$ 277,011
Actual Ratio	0.1790	0.1755
Tier I Leverage Capital
Actual Amount	$ 290,320	$ 277,011
Actual Ratio	0.1013	0.1092

Earnings Per Common Share (Deta

Earnings Per Common Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Numerator:
Net income - basic	$ 8,239	$ 6,854	$ 16,304	$ 13,599
Net income - diluted	$ 8,239	$ 6,854	$ 16,304	$ 13,599
Denominator:
Weighted average shares outstanding - basic (in shares)	7,300,040	7,322,532	7,308,968	7,317,906
Weighted average shares outstanding - diluted (in shares)	7,319,351	7,348,772	7,328,510	7,350,910
Earnings per common share:
Basic (in dollars per share)	$ 1.13	$ 0.94	$ 2.23	$ 1.86
Diluted (in dollars per share)	$ 1.13	$ 0.93	$ 2.22	$ 1.85
Plus: Effect of Director Compensation Program
Denominator:
Effect of dilutive securities (in shares)	283	869	514	800
Plus: Effect of stock options and restricted stock
Denominator:
Effect of dilutive securities (in shares)	19,028	25,371	19,028	32,204

Stock Repurchase Program (Detai

Stock Repurchase Program (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2021	Aug. 27, 2020
Equity [Abstract]
Stock repurchase program, authorized amount				$ 3,000,000
Stock repurchased (in shares)	21,653		41,314
Stock repurchased value	$ 1,159,000	$ 1,018,000	$ 2,200,000