---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-24-000395"
form_type: "8-K"
ticker: "RBKB"
cik: "0001751783"
company_name: "Rhinebeck Bancorp, Inc."
filed_at: "2024-09-27T23:59:59+00:00"
generated_at: "2026-05-31T01:12:49.818115+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Rhinebeck Bancorp sells $71M low-yield securities, records $12M loss to boost future earnings

## Summary
- Sold $71M of available-for-sale securities yielding 1.11%; reinvested into securities yielding 4.22% (spread +3.11%).
- One-time pre-tax loss of $12.0M; no impact on tangible equity.
- Projected to increase EPS by $0.12 and net interest margin by 0.17% over next 12 months, starting Q4 2024.
- Weighted-average life of portfolio reduced from 5.8 years to 2.7 years.
- Bank remains well capitalized with $40M+ cash and $200M unused FHLB line.

## SEC filing metadata
- accession: 0000943374-24-000395
- form_type: 8-K
- ticker: RBKB
- cik: 0001751783
- company_name: Rhinebeck Bancorp, Inc.
- filed_at: 2024-09-27T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1751783/000094337424000395/0000943374-24-000395-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1751783/000094337424000395/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-24-000395
- JSON: https://secwatch.observer/filing/0000943374-24-000395.json
- Plain text: https://secwatch.observer/filing/0000943374-24-000395.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.