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. has entered into an Agency Agreement with Keefe, Bruyette & Woods, Inc. to assist in marketing its common stock in an ongoing conversion and stock offering.
KBW receives a $50,000 management fee, already paid, and success fees equal to 1.0% of subscription offering proceeds and 1.5% of any community offering proceeds, payable at completion and reduced by the management fee. If a syndicated community offering is used, KBW may earn up to 6.0% of those proceeds. As records agent, KBW is paid $45,000 (including $20,000 already paid), with potential increases of up to $15,000 for regulatory or plan changes or processing delays. The shares are being offered under a Form S-1 registration statement and related prospectus dated May 14, 2026.
Rhinebeck Bancorp, Inc. reported Q1 2026 net income of $2.2M, slightly below $2.3M a year earlier, with diluted earnings per share of $0.20 versus $0.21. Net interest income edged up to $11.2M, while provision for credit losses on loans fell to $82K from $377K, indicating relatively stable credit costs.
Total assets were $1.28B as of March 31, 2026, compared with $1.30B at year-end 2025, as net loans declined and cash and cash equivalents increased. Deposits totaled $1.10B, modestly higher than $1.10B at December 31, 2025, and stockholders’ equity rose to $138.6M.
Total comprehensive income declined to $1.8M from $4.1M in Q1 2025, mainly because unrealized gains on available-for-sale securities turned into a modest unrealized loss. Regulatory capital ratios remained strong, and the bank continued to be categorized as well capitalized.
Rhinebeck Bancorp, Inc. is registering participation interests in up to 3,298,199 shares of common stock for purchase through the Rhinebeck Bank 401(k) Plan at $10.00 per share. This is part of a broader mutual-to-stock conversion in which the holding company is offering between 6,587,500 and 8,912,500 shares of common stock to eligible depositors, employee benefit plans and the community.
401(k) participants may redirect existing plan balances into a temporary Stock Purchase Fund during a dedicated election window that closes at 2:00 p.m. Eastern time on June 11, 2026, subject to minimum (25 shares) and maximum purchase limits. Purchased shares will be held in a new Rhinebeck Bancorp, Inc. Stock Fund inside the plan, alongside converted shares from the existing employer stock fund, and will fluctuate with the market price. The filing details purchase priorities, oversubscription handling, diversification warnings and ERISA considerations for investing retirement assets in employer stock.
Vitale Michael reported acquisition or exercise transactions in this Form 4 filing.
Rhinebeck Bancorp, Inc. reported that Executive Vice President and Head of Commercial Banking Michael Vitale received a grant of 9,000 shares of common stock as a stock award. These shares are restricted stock and will vest in stages rather than all at once.
The restricted stock vests at a rate of 33 1/3% per year, beginning on April 21, 2027. After this grant, Vitale holds 9,000 common shares directly, reflecting a routine compensation-related equity award rather than an open-market purchase or sale.
Rhinebeck Bancorp, Inc. senior vice president and chief accounting officer Phillip Lekanides exercised stock options to acquire 500 shares of common stock at $6.57 per share. After the exercise, he holds 2,305 shares directly, along with 1,852 shares through an ESOP and 3,733 shares through a 401(k) plan. The stock options are fully vested, and 1,500 options remain outstanding following this transaction.
Rhinebeck Bancorp, Inc. executive Philip J. Bronzi reported routine equity transactions involving company common stock. On April 28, 2026, he exercised stock options to acquire 7,000 shares of common stock at $6.57 per share, converting a derivative award into direct share ownership.
To cover tax obligations, 2,838 shares of common stock were used in a tax-withholding disposition at $16.20 per share. After these transactions, Bronzi directly held 4,162 shares of common stock and had additional indirect holdings of 3,548 shares through an ESOP and 10,980 shares through a 401(k) plan. The filing notes that some reflected transactions are not required to be reported under Section 16, underscoring their routine nature.
Rhinebeck Bancorp’s 401(k) plan may purchase up to 3,298,199 shares of common stock at $10.00 per share in the conversion stock offering. These purchases occur through a new Rhinebeck Bancorp, Inc. Stock Fund that holds only company shares and tracks their market value daily.
The overall conversion offering registers between 6,587,500 and 8,912,500 primary shares, with estimated net proceeds ranging from approximately $62.95 million to $85.98 million. As of December 31, 2025, Rhinebeck Bank’s 401(k) Plan held about $32.98 million in assets and had roughly 243 active and former employee participants.
Plan participants can direct part of their retirement accounts into the Stock Purchase Fund during the offering, subject to a 25-share minimum and individual limits up to 60,000 shares (or 120,000 shares when acting in concert). After the offering, ongoing purchases and sales of Rhinebeck Bancorp stock inside the plan are allowed within diversification caps and normal trading rules.
Rhinebeck Bancorp, Inc. reported first quarter 2026 net income of $2.2 million, or $0.20 per share, slightly below $2.3 million, or $0.21 per share, a year earlier. Results reflected modestly higher net interest income and a sharply lower credit loss provision, offset by weaker non-interest income and higher operating expenses.
Return on average assets was 0.70% and return on average equity was 6.50%. Net interest margin was 3.77%, supported by lower funding costs and reduced Federal Home Loan Bank advances. Asset quality metrics remained solid, with non-performing assets at $3.5 million and the allowance covering 227.65% of non-performing loans.
Total assets were $1.28 billion at March 31, 2026, down from $1.30 billion a year earlier, as the loan portfolio shrank, particularly indirect automobile loans, while cash and deposits grew. Deposits increased to $1.10 billion, and stockholders’ equity rose to $138.6 million, lifting book value per share to $12.43 and tangible book value per share to $12.22.
Rhinebeck Bancorp, Inc. executive Michael Vitale, EVP and Head of Commercial Banking, filed an initial ownership report on Form 3. The filing lists his position in the company’s common stock as 0 shares held directly following the reported date, establishing a baseline of reported insider ownership.