Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-05

Red River Bancshares Inc (RRBI)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$1,132,306
R. Blake Chatelain total, FY2025
21st
CEO pay percentile vs peers
22:1
CEO-to-median pay ratio
98.47%
Say-on-pay support, latest vote
Companies that benchmark against RRBI
3 companies name RRBI as a compensation peer

Each company listed discloses RRBI in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named RRBI in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
R. Blake Chatelain$571,006$375,000$26,005$0$117,094$43,201$1,132,306
President Chief Executive Officer
Bryon C. Salazar330,235140,00052,010063,52828,411614,184
Senior Executive Vice President Chief Banking Officer
Isabel V. Carriere256,188105,00052,010073,61515,141501,954
Senior Executive Vice President Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
R. Blake Chatelain$1,132,306$1,143,264$932,441−10,958
Bryon C. Salazar614,184610,426+3,758
Isabel V. Carriere501,954502,674−720

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
R. Blake ChatelainDirector2026-04-01A600$0$0CommonForm 4 ↗
Bryon C. SalazarSee Remarks2026-04-01A80000CommonForm 4 ↗
Isabel V. CarriereSee Remarks2026-04-01A80000CommonForm 4 ↗
Bryon C. SalazarSee Remarks2026-04-01A80000CommonForm 4 ↗
Bryon C. SalazarSee Remarks2026-04-01A80000CommonForm 4 ↗
Bryon C. SalazarSee Remarks2026-04-01A80000CommonForm 4 ↗
Teddy R. PriceDirector2026-05-05A16871,392CommonForm 4 ↗
Teddy R. PriceDirector2026-05-05A1,0808692,502CommonForm 4 ↗
Teddy R. PriceDirector2026-05-05A1898716,349CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Bryon C. SalazarRSU2025-03-191,000$52,010
R. Blake ChatelainPSU2025-03-1950050050026,005
Bryon C. SalazarRSU2025-03-191,00052,010
Isabel V. CarriereRSU2025-03-191,00052,010
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Bryon C. Salazar$104,020$0$00.0%
R. Blake Chatelain026,0050100.0%
Isabel V. Carriere52,010000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
R. Blake ChatelainRSU2,290$163,575
Isabel V. CarriereRSU2,660190,004
Bryon C. SalazarRSU2,660190,004
05

Incentive-plan design — the Compensation Discussion & Analysis

Our compensation philosophy is to establish and maintain programs that reflect position responsibilities, are competitive with the external market, and are capable of attracting, retaining, and motivating competent executives. Our goal is to align our compensation programs with the long-term interests of our shareholders.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantBlanchard Consulting Group
Clawback policytrue
Anti-hedging
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-05-013,794,41259,118172,13598.47%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20252025-05-0198.47%a

a. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)22 : 1
CEO total compensation$1,132,306
Median employee compensation$52,641
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
H. Lindsey TorbettIndependent · Audit (Chair) · Nominating and Corporate Governance · Executive$36,400$0$0$0$0$36,400
Don L. ThompsonIndependent · Audit · Compensation · Executive35,400000035,400
Willie P. ObeyIndependent · Audit32,500000032,500
Teddy R. PriceIndependent · Board Chair · Compensation (Chair) · Nominating and Corporate Governance (Chair) · Executive (Chair)15,30016,50000031,800
Michael D. CrowellIndependent · Compensation · Nominating and Corporate Governance31,800000031,800
Kirk D. CooperIndependent · Directors Loan Committee31,100000031,100
Anna Brasher Moreau, D.D.S., M.SIndependent · Nominating and Corporate Governance · Partial-year service14,30016,50000030,800
M. Scott AshbrookIndependent · Directors Loan Committee14,10015,00000029,100
R. Blake ChatelainEmployee director · Executive00000
09

Board fee structure and ownership guideline

Annual cash retainer$10,000
Annual equity retainer
Per board meeting fee$1,500
Committee chair fees (audit / comp / nom-gov)500
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$210,900
Equity awards (grant-date value)$48,000
All other compensation$0
Total cost of the board$258,900

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Red River Bancshares Inc names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Red River Bancshares Inc.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Triumph Financial, Inc.2025Aaron Graft$725,000$2,808,839$634,360$362,895$4,607,786
2Capital City Bank Group, Inc.2025William G. Smith, Jr.511,667371,11001,284,2533,135,873
3MetroCity Bankshares, Inc.2025Nack Paek507,500995,11101,040,0002,563,611
4Third Coast Bancshares, Inc.2025Bart Caraway654,231385,457002,503,561
5Great Southern Bancorp, Inc.2025Joseph Turner518,072093,756872,9701,815,277
6Wilson Bank Holding Company2025John C. McDearman III627,32800961,6011,810,845
7USCB Financial Holdings, Inc.2025Luis de la Aguilera700,000481,763001,644,771
8Investar Holding Corporation2025John D'Angelo647,689381,1840408,5001,484,431
9River Financial Corporation2025James M. (Jimmy) Stubbs625,0000344,2501,463,288
10Guaranty Bancshares, Inc.2024Tyson Abston688,95300493,3351,347,196
11Home Bancorp, Inc.2025John Bordelon585,00400485,0001,235,742
12South Plains Financial, Inc.2025Curtis Griffith425,000124,972153,717255,0001,232,779
13Red River Bancshares Inc2025R. Blake Chatelain571,00626,00501,132,306
14Colony Bankcorp, Inc.2025T. Heath Fountain535,000129,573001,008,595
15Southern Missouri Bancorp, Inc.2025Greg A. Steffens461,00037,76340,5900690,774
16First Guaranty Bancshares, Inc.2025Michael Mineer413,333000464,421

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Red River Bancshares Incnot disclosedRSU 100not disclosedBlanchard Consulting Group
Capital City Bank Group, Inc.160.63%PSU 60 · Cash LTI 40NoBlanchard Consulting Group
Colony Bankcorp, Inc.not disclosedRSU 100not disclosednot disclosed
First Guaranty Bancshares, Inc.not disclosednot disclosednot disclosednot disclosed
Great Southern Bancorp, Inc.not disclosedOption 100not disclosedPearl Meyer & Partners, LLC
Guaranty Bancshares, Inc.not disclosednot disclosednot disclosedPearl Meyer & Partners
Home Bancorp, Inc.not disclosedRSU 100not disclosednot disclosed
Investar Holding Corporationnot disclosedRSU 100not disclosedBlanchard Consulting Group
MetroCity Bankshares, Inc.200%RSU 100not disclosednot disclosed
River Financial Corporationnot disclosednot disclosednot disclosednot disclosed
South Plains Financial, Inc.not disclosednot disclosednot disclosednot disclosed
Southern Missouri Bancorp, Inc.16.7%not disclosednot disclosednot disclosed
Third Coast Bancshares, Inc.not disclosednot disclosednot disclosedHFG
Triumph Financial, Inc.83%PSU 50 · RSU 25 · Options 25Yes — Total Shareholder Return (TSR) - Banking Peer Group (Relative)Meridian Compensation Partners LLC
USCB Financial Holdings, Inc.not disclosedRSU 100not disclosednot disclosed
Wilson Bank Holding Companynot disclosednot disclosednot disclosedNewcleus Compensation Advisors

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Red River Bancshares Inc in fiscal 2025?
The highest-paid executive at Red River Bancshares Inc in fiscal 2025 was R. Blake Chatelain, who held the title of President Chief Executive Officer and received total compensation of $1,132,306.
How does Red River Bancshares Inc's chief executive pay compare to its disclosed peer group?
The company reported that R. Blake Chatelain's pay fell within the 21st percentile of the disclosed peer group.
What is Red River Bancshares Inc's CEO-to-median employee pay ratio?
The filing shows that Red River Bancshares Inc's CEO-to-median employee pay ratio was 22:1.
How did shareholders vote on Red River Bancshares Inc's executive compensation?
Shareholders voted in favor of the executive compensation plan with 98.47% support in the latest vote.
How much does Red River Bancshares Inc spend in total on board compensation for fiscal 2025?
The total board compensation for fiscal 2025 was $258,900.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, R. Blake ChatelainDEF 14A2026-03-130001071236-26-000028Section “Summary Compensation Table” · page 22. As printed: 1,132,306. Filing ↗machine: t19 · r2 · c19 · span 367929–367938
2Section 01, Bryon C. SalazarDEF 14A2026-03-130001071236-26-000028Section “Summary Compensation Table” · page 22. As printed: 614,184. Filing ↗machine: t19 · r5 · c19 · span 379050–379057
3Section 01, Isabel V. CarriereDEF 14A2026-03-130001071236-26-000028Section “Summary Compensation Table” · page 22. As printed: 501,954. Filing ↗machine: t19 · r11 · c19 · span 400603–400610
4Section 03, Bryon C. Salazar RSUDEF 14A2026-03-130001071236-26-000028Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t21 · r4 · c6 · span 433964–433969
5Section 03, R. Blake Chatelain PSUDEF 14A2026-03-130001071236-26-000028Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t21 · r2 · c6 · span 430300–430303
6Section 03, Bryon C. Salazar RSUDEF 14A2026-03-130001071236-26-000028Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t21 · r3 · c6 · span 432261–432266
7Section 03, Isabel V. Carriere RSUDEF 14A2026-03-130001071236-26-000028Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t21 · r5 · c8 · span 436110–436116
8Section 07, pay ratioDEF 14A2026-03-130001071236-26-000028Section “CEO Pay Ratio”. As printed: 22 : 1. Filing ↗machine: span 505106–505113
9Section 08, H. Lindsey TorbettDEF 14A2026-03-130001071236-26-000028Section “Director Compensation”. As printed: 36,400. Filing ↗machine: t14 · r10 · c2 · span 248786–248792
10Section 08, Don L. ThompsonDEF 14A2026-03-130001071236-26-000028Section “Director Compensation”. As printed: 35,400. Filing ↗machine: t14 · r9 · c2 · span 246675–246681
11Section 08, Willie P. ObeyDEF 14A2026-03-130001071236-26-000028Section “Director Compensation”. As printed: 32,500. Filing ↗machine: t14 · r7 · c2 · span 242460–242466
12Section 08, Teddy R. PriceDEF 14A2026-03-130001071236-26-000028Section “Director Compensation”. As printed: 31,800. Filing ↗machine: t14 · r8 · c12 · span 245866–245872
13Section 08, Michael D. CrowellDEF 14A2026-03-130001071236-26-000028Section “Director Compensation”. As printed: 31,800. Filing ↗machine: t14 · r5 · c2 · span 238228–238234
14Section 08, Kirk D. CooperDEF 14A2026-03-130001071236-26-000028Section “Director Compensation”. As printed: 31,100. Filing ↗machine: t14 · r4 · c2 · span 236117–236123
15Section 08, Anna Brasher Moreau, D.D.S., M.SDEF 14A2026-03-130001071236-26-000028Section “Director Compensation”. As printed: 30,800. Filing ↗machine: t14 · r6 · c12 · span 241652–241658
16Section 08, M. Scott AshbrookDEF 14A2026-03-130001071236-26-000028Section “Director Compensation”. As printed: 29,100. Filing ↗machine: t14 · r2 · c12 · span 232987–232993
17Section 08, R. Blake ChatelainDEF 14A2026-03-130001071236-26-000028Section “Director Compensation”. As printed: 0. Filing ↗
18Section 02, R. Blake Chatelain 2026-04-01Form 42026-04-020001770077-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Bryon C. Salazar 2026-04-01Form 42026-04-020001770153-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Isabel V. Carriere 2026-04-01Form 42026-04-020001770010-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Bryon C. Salazar 2026-04-01Form 42026-04-020001770154-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Bryon C. Salazar 2026-04-01Form 42026-04-020001770153-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Bryon C. Salazar 2026-04-01Form 42026-04-020001770154-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Teddy R. Price 2026-05-05Form 42026-05-050001770071-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Teddy R. Price 2026-05-05Form 42026-05-050001770071-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Teddy R. Price 2026-05-05Form 42026-05-050001770071-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
27Section 06, 2025 voteForm 8-K2025-05-020001071236-25-000043Item 5.07 · say-on-pay result. As reported: 98.47%. Filing ↗
28Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
29Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
30Section 09b board cost (computed)ComputedcomputedCash 210,900 + equity 48,000 + all other 0 = 258,900, summed across the director compensation table rows.machine: formula: Σ = 258,900
31Triumph Financial, Inc., Section 10b CEO totalDEF 14A2026-03-110001193125-26-102190CEO total compensation as printed in Triumph Financial, Inc.'s own proxy. As printed: 4,607,786. Filing ↗machine: r3 · c39 · span 604064–604073
32Capital City Bank Group, Inc., Section 10b CEO totalDEF 14A2026-03-100001140361-26-008786CEO total compensation as printed in Capital City Bank Group, Inc.'s own proxy. As printed: 3,135,873. Filing ↗machine: t149 · r2 · c25 · span 550486–550495
33MetroCity Bankshares, Inc., Section 10b CEO totalDEF 14A2026-04-200001104659-26-045475CEO total compensation as printed in MetroCity Bankshares, Inc.'s own proxy. As printed: 2,563,611. Filing ↗machine: t70 · r5 · c14 · span 404519–404528
34Third Coast Bancshares, Inc., Section 10b CEO totalDEF 14A2026-04-160001193125-26-159039CEO total compensation as printed in Third Coast Bancshares, Inc.'s own proxy. As printed: 2,503,561. Filing ↗machine: r2 · c27 · span 240742–240751
35Great Southern Bancorp, Inc., Section 10b CEO totalDEF 14A2026-03-310002077096-26-000017CEO total compensation as printed in Great Southern Bancorp, Inc.'s own proxy. As printed: 1,815,277. Filing ↗machine: span 320537–320546
36Wilson Bank Holding Company, Section 10b CEO totalDEF 14A2026-03-200001193125-26-117756CEO total compensation as printed in Wilson Bank Holding Company's own proxy. As printed: 1,810,845. Filing ↗machine: t10 · r4 · c24 · span 602820–602829
37USCB Financial Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-210000927089-26-000070CEO total compensation as printed in USCB Financial Holdings, Inc.'s own proxy. As printed: 1,644,771. Filing ↗machine: t62 · r1 · c25 · span 271106–271115
38Investar Holding Corporation, Section 10b CEO totalDEF 14A2026-04-080001437749-26-011771CEO total compensation as printed in Investar Holding Corporation's own proxy. As printed: 1,484,431. Filing ↗machine: t121 · r2 · c25 · span 746704–746713
39River Financial Corporation, Section 10b CEO totalDEF 14A2026-04-060001193125-26-143184CEO total compensation as printed in River Financial Corporation's own proxy. As printed: 1,463,288. Filing ↗
40Guaranty Bancshares, Inc., Section 10b CEO totalDEF 14A2025-03-310000950170-25-047789CEO total compensation as printed in Guaranty Bancshares, Inc.'s own proxy. As printed: 1,347,196. Filing ↗machine: t17 · r2 · c29 · span 620930–620939
41Home Bancorp, Inc., Section 10b CEO totalDEF 14A2026-04-020002077096-26-000037CEO total compensation as printed in Home Bancorp, Inc.'s own proxy. As printed: 1,235,742. Filing ↗machine: span 239000–239009
42South Plains Financial, Inc., Section 10b CEO totalDEF 14A2026-04-060001140361-26-013355CEO total compensation as printed in South Plains Financial, Inc.'s own proxy. As printed: 1,232,779. Filing ↗machine: r2 · c27 · span 556174–556183
43Red River Bancshares Inc (subject), Section 10b CEO totalDEF 14A2026-03-130001071236-26-000028CEO total compensation as printed in Red River Bancshares Inc's own proxy. As printed: 1,132,306. Filing ↗machine: t19 · r2 · c19 · span 367929–367938
44Colony Bankcorp, Inc., Section 10b CEO totalDEF 14A2026-04-160001104659-26-044388CEO total compensation as printed in Colony Bankcorp, Inc.'s own proxy. As printed: 1,008,595. Filing ↗machine: t35 · r3 · c17 · span 278949–278958
45Southern Missouri Bancorp, Inc., Section 10b CEO totalDEF 14A2025-09-190001104659-25-091709CEO total compensation as printed in Southern Missouri Bancorp, Inc.'s own proxy. As printed: 690,774. Filing ↗machine: t45 · r6 · c26 · span 506049–506056
46First Guaranty Bancshares, Inc., Section 10b CEO totalDEF 14A2026-04-210001408534-26-000024CEO total compensation as printed in First Guaranty Bancshares, Inc.'s own proxy. As printed: 464,421. Filing ↗machine: t7 · r2 · c10 · span 148583–148591
47Section 10a, Triumph Financial, Inc. reciprocityDEF 14A0001193125-26-102190Triumph Financial, Inc.'s most recent proxy was read; its disclosed peer group does not include Red River Bancshares Inc. Filing ↗
48Section 10a, Guaranty Bancshares, Inc. reciprocityDEF 14A0000950170-25-047789Guaranty Bancshares, Inc. names Red River Bancshares Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
49Section 10a, Capital City Bank Group, Inc. reciprocityDEF 14A0001140361-26-008786Capital City Bank Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Red River Bancshares Inc. Filing ↗
50Section 10a, Investar Holding Corporation reciprocityDEF 14A0001437749-26-011771Investar Holding Corporation names Red River Bancshares Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗