Rhinebeck Bancorp, INC

Rhinebeck Bancorp, Inc. announced its second quarter 2026 financial results, reporting a slight decrease in net income compared to the prior year, alongside the successful completion of its second-step conversion and a significant stock offering.

Rhinebeck Bancorp, Inc. has successfully completed its conversion to a fully-public stock holding company and a related stock offering, issuing new shares and exchanging existing ones.

Rhinebeck Bancorp, Inc. announced the successful oversubscription of its subscription offering as part of its mutual-to-stock conversion, with an expected closing date of July 21, 2026.

Rhinebeck Bancorp, Inc. announced that its stockholders and Rhinebeck Bank depositors have approved the Amended and Restated Plan of Conversion and Reorganization, moving the company towards a fully public stock holding company structure.

Rhinebeck Bancorp, Inc. announced the commencement of a public offering of up to 8,912,500 shares of common stock at $10.00 per share, marking a transition from a mutual holding company to a fully stock holding company.

Rhinebeck Bancorp, Inc. announced the results of its Annual Meeting of Stockholders held on May 19, 2026, including the election of directors and ratification of its independent auditor.

Rhinebeck Bancorp, Inc. reported a marginal decrease in net income for the first quarter of 2026 compared to the prior year, with diluted EPS also slightly lower.

Rhinebeck Bancorp reports a significant turnaround in Q3 2025 with net income of $2.7 million, reversing a prior-year loss, driven by strong net interest income growth and strategic shifts.

Rhinebeck Bancorp reports a significant increase in net income and earnings per share for the second quarter and first half of 2025, driven by improved net interest margin and reduced credit loss provisions.

Rhinebeck Bancorp's first quarter 2025 net income increased significantly to $2.3 million, driven by a rise in net interest income and improved margins.

Rhinebeck Bancorp experienced a net loss in the third quarter of 2024, primarily due to a strategic balance sheet restructuring, despite an increase in net interest income.

Rhinebeck Bancorp's second quarter 2024 earnings declined compared to the previous year, influenced by strategic decisions to reduce indirect auto loans and a changing interest rate environment.

Rhinebeck Bancorp reported a significant turnaround to net income in 2025, driven by improved net interest income and a strategic shift in its loan portfolio, while planning a full public conversion.

Rhinebeck Bancorp, Inc. reports a net loss of $8.6 million for 2024, primarily due to a $16 million loss on the sale of securities during a balance sheet restructuring.

Rhinebeck Bancorp's 2023 annual report reveals a decrease in net income, influenced by higher interest expenses and a strategic shift in loan portfolio management.

Suzanne Loughlin, a Director of Rhinebeck Bancorp, Inc., purchased 12,500 shares of common stock on July 22, 2026.

Michael Vitale, EVP, Head of Comm Banking of Rhinebeck Bancorp, Inc., purchased 5,000 shares of common stock on July 22, 2026 for $11.94 per share.

Nancy Koskey Patzwahl, a Director of Rhinebeck Bancorp, Inc., purchased 25,000 shares of common stock on July 22, 2026 for $11.94 per share.

Matthew James Smith, President & CEO and a Director of Rhinebeck Bancorp, Inc., purchased 12,425 shares of common stock on July 22, 2026.

William C. Irwin, a Director of Rhinebeck Bancorp, Inc., received 10,000 shares of common stock on July 21, 2026.

Freddimir Garcia, a Director of Rhinebeck Bancorp, Inc., received 500 shares of common stock on July 21, 2026.

Rhinebeck Bancorp, Inc. has issued its 2026 proxy statement detailing the upcoming annual meeting, director elections, and executive compensation advisory vote.

Rhinebeck Bancorp announces its 2025 annual meeting of stockholders to vote on director elections, an equity incentive plan, auditor ratification, and executive compensation.

Rhinebeck Bancorp issues an errata sheet clarifying the term length for one of its director nominees in the proxy statement for the 2024 annual meeting.

Rhinebeck Bancorp will conduct its annual stockholders meeting virtually on May 21, 2024, to elect directors and ratify the appointment of its independent accounting firm.

Rhinebeck Bancorp, Inc. is proceeding with its conversion from a mutual holding company structure to a fully public stock holding company, including a stock offering of up to 8,912,500 shares at $10.00 per share.

Rhinebeck Bancorp, Inc. is proceeding with its conversion from a mutual holding company structure to a stock holding company structure, offering shares of common stock to eligible depositors and the public.

Rhinebeck Bancorp, Inc. is converting from a mutual holding company to a fully public stock holding company, offering up to 8.9 million shares at $10.00 each to strengthen capital and support growth initiatives.