Set a Dutch oven or heavy-bottomed, large pot over medium heat. Add the sliced bacon and olive oil and cook about 5 minutes or until the fat is rendered.
4 slices bacon, 2 tbsp olive oil
Add onion, green pepper, and celery. Cook 4 minutes, stirring often.
1 cup yellow onion, ½ cup green pepper, 1 celery stalk
Add smoked sausage and cook, stirring often, 2-3 minutes, until sausage has begun to brown, onion is translucent and the green pepper and celery have softened.
7 oz. smoked sausage
Add bay leaf, paprika and hot sauce. Stir and remove from the heat.
1 bay leaf, 1½ tsp sweet paprika, 1½ tbsp hot sauce
Drain and rinse the soaked beans, and remove any pebbles or impurities. Add the beans and ham hock to the pot.
1 cup dried red beans, 1 smoked ham hock
Add chicken stock, being sure the beans are covered with enough stock.
1 qt. chicken stock
Increase heat to high, and bring to a boil. Skim off any foam that might boil to the top of the mixture.
Reduce heat to LOW, cover and simmer 3-4 hours or until beans are tender and liquid has reduced and thickened.
Remove the ham hock, pulling the meat from the bone, and adding it to the beans, if desired. If not, refrigerate for up to 5 days for a different use.
Stir the pot often, being sure beans aren’t sticking to the bottom of the pot.
Discard the bay leaf.
Season the beans with salt and pepper and add the sugar. Stir well and simmer another 10 minutes.
3 tsp kosher salt, 1 tsp ground black pepper, 1 tbsp granulated sugar
Taste the beans and season with additional salt, pepper and hot sauce, if needed.