Welcome to our dedicated page for Rhinebeck Bancorp SEC filings (Ticker: RBKB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Rhinebeck Bancorp, Inc. filings document the public-company disclosures of a Maryland bank holding company for Rhinebeck Bank and its common stock listed on Nasdaq under RBKB. Form 8-K reports provide operating and financial results, including net interest income, expenses, credit-loss provisions and other bank performance measures.
Proxy materials cover annual meeting voting matters, board composition, governance and executive compensation. Registration statements and amendments address securities offering disclosures, the Rhinebeck Bank 401(k) Plan, capital structure and related risk factors for the company, Rhinebeck Bancorp, MHC and the bank.
Rhinebeck Bancorp, Inc. (RBKB) reported that on August 18, 2026 it appointed Suzanne Rhulen Loughlin to its Board of Directors, effective immediately. She will serve on the Compensation Committee and the Governance and Nominating Committee. Ms. Loughlin is a co-founder and Executive Vice President of CrisisRisk Strategies, LLC and previously held senior legal and administrative roles at several public companies, including a publicly traded insurance holding company. She has served as a director of Rhinebeck Bank, the Company’s wholly owned subsidiary, since 2011 and as a director from 2019 until December 17, 2025. The Company states there are no arrangements or understandings regarding her selection and no related-party transactions requiring disclosure under Item 404(a) of Regulation S-K.
Rhinebeck Bancorp, Inc. reports that on May 19, 2026 the Board of Directors of Rhinebeck Bank, its wholly owned subsidiary, terminated the Rhinebeck Bank Executive Long-Term Incentive and Retention Plan, a non-qualified deferred compensation plan subject to Section 409A of the Internal Revenue Code. The plan credited contributions to bookkeeping accounts for participating officers, with balances vesting 20% annually over five years. Participation was limited to designated officers, and among named executive officers only Jamie Bloom and Kevin Nihill participated. Upon termination, participants’ account balances became fully vested. In accordance with Section 409A, no distributions will occur earlier than 12 months after the Termination Date, and all distributions will be completed within 24 months of that date, aside from payments that would have occurred even without termination.
Rhinebeck Bancorp, Inc. reported total assets of $1.47 billion at June 30, 2026, up from $1.30 billion at year-end 2025, driven by a large increase in cash and cash equivalents to $304.6 million and deposit growth to $1.28 billion. Net loans declined to $918.5 million as indirect automobile and multifamily balances fell, while available-for-sale securities stood at $171.4 million with net unrealized losses of $8.8 million.
For the quarter ended June 30, 2026, net income was $2.6 million (basic EPS $0.24), versus $2.7 million a year earlier; six‑month net income was $4.8 million. Net interest income for the first six months was $22.8 million, and the total (credit to) provision for credit losses was $0.1 million. The allowance for credit losses on loans was $7.7 million, with non‑accrual loans of $3.0 million.
On July 21, 2026, after quarter‑end, the company completed a second-step conversion and sold 8,880,210 shares at $10.00 per share for gross proceeds of $88.8 million, resulting in 15,635,966 shares outstanding. Earnings per share and share data in this report do not reflect this transaction.
M3 Partners, L.P., together with M3 Funds, LLC, M3F, Inc., Jason A. Stock and William C. Waller, reports beneficial ownership of 815,333 shares of Rhinebeck Bancorp common stock. This represents 5.21% of the outstanding class.
All reported shares are held directly by M3 Partners, L.P., whose general partner is M3 Funds, LLC and whose investment adviser is M3F, Inc. The entities and individuals are reported as potential indirect beneficial owners, with shared voting and dispositive power over the 815,333 shares and no sole voting or dispositive power.
Rhinebeck Bancorp, Inc. executive Michael Vitale, EVP and Head of Commercial Banking, purchased 4,834 shares of common stock on August 6, 2026 at $12.35 per share. Following this open-market or private transaction, he directly holds 22,414 shares, including restricted stock vesting 33 1/3% annually starting April 21, 2027.
Rhinebeck Bancorp, Inc. reported net income of $2.6 million for the quarter ended June 30, 2026, or $0.24 per basic and diluted share, down $110,000 or 4.0% from $2.7 million ($0.25 per share) a year earlier. Net income for the first six months of 2026 was $4.8 million, or $0.45 basic and $0.44 diluted, $182,000 or 3.6% below the prior-year period.
Quarterly net interest income rose to $11.6 million, but the net interest margin narrowed to 3.78% from 3.97% as asset yields declined. Non-interest income increased 8.8% to $1.7 million, led by higher investment advisory fees, while non-interest expense grew 3.1% to $10.0 million, mainly from higher salaries, professional fees and data processing. Credit quality metrics remained stable, with an allowance for credit losses of 0.83% of total loans and coverage of 227.06% of non-performing loans; past-due loans and non-performing assets both declined versus year-end 2025.
On July 21, 2026 the company completed a second-step conversion, selling 8,880,210 shares at $10.00 per share for gross proceeds of $88.8 million, and converting public shares at an exchange ratio of 1.3978, resulting in 15,638,237 shares outstanding, subject to fractional adjustments. Current earnings per share figures do not reflect this transaction. At June 30, 2026, total assets were $1.47 billion, deposits $1.28 billion, stockholders’ equity $139.6 million, return on average assets 0.79%, return on average equity 7.56%, and the Tier 1 capital ratio 14.61%.
Rhinebeck Bancorp, Inc. director Suzanne Loughlin purchased a total of 12,500 shares of common stock on July 22, 2026, in open market or private transactions at prices of $11.92 and $11.93 per share. Footnotes state these shares are restricted stock vesting 33 1/3% annually starting May 26, 2027. She also holds fully vested stock options exercisable for 22,875 shares of common stock at an exercise price of $4.70 per share, expiring August 25, 2030.
Rhinebeck Bancorp, Inc. executive Michael Vitale, EVP and Head of Commercial Banking, purchased 5,000 shares of common stock on July 22, 2026 at $11.94 per share in a direct open-market or private transaction, bringing his direct holdings to 17,580 shares, including restricted stock vesting 33 1/3% annually starting April 21, 2027.
Rhinebeck Bancorp, Inc. director Nancy Koskey Patzwahl reported purchasing 25,000 shares of common stock on July 22, 2026 at $11.94 per share in a transaction classified as an open-market or private purchase, increasing her direct holdings to 27,270 shares of restricted stock that vest 33 1/3% annually beginning May 26, 2027.
Rhinebeck Bancorp, Inc. President & CEO Matthew James Smith purchased a total of 12,425 shares of common stock on July 22, 2026, in two direct transactions: 2,300 shares at $11.995 per share and 10,125 shares at $12.00 per share.
The acquired shares are described as restricted stock that vest 33 1/3% per year commencing on May 26, 2027. Smith also reports indirect ownership of 479 common shares held through a 401(k), reflecting plan transactions not required to be reported under Section 16.