---
schema_version: "secwatch.filing_event.v1"
accession: "0001751783-21-000032"
form_type: "8-K"
ticker: "RBKB"
cik: "0001751783"
company_name: "Rhinebeck Bancorp, Inc."
filed_at: "2021-07-29T23:59:59+00:00"
generated_at: "2026-06-30T01:07:16.137239+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Rhinebeck Bancorp reports Q2 net income $2.6M, up 90% YoY; provision credit of $1.1M

## Summary
- Net income Q2 2021 $2.6M ($0.24 diluted) vs $1.4M a year ago; H1 net income $5.9M ($0.54 diluted), up 143%.
- Provision for loan losses swung to a $1.1M credit in Q2 from $2.3M expense in Q2 2020; credit $1.2M for H1.
- Total assets $1.21B (+7.2% from Dec 2020); deposits $1.03B (+10.5%); capital ratios strong (T1 Leverage 9.69%).
- Completed branch acquisition from ConnectOne Bank assumed $33.9M deposits; PPP loans $74.3M outstanding at June 30.
- Non-interest expense rose 31.2% to $8.9M in Q2 due to branch expansion, salaries, and a reserve for indirect auto compliance.

## SEC filing metadata
- accession: 0001751783-21-000032
- form_type: 8-K
- ticker: RBKB
- cik: 0001751783
- company_name: Rhinebeck Bancorp, Inc.
- filed_at: 2021-07-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1751783/000175178321000032/0001751783-21-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1751783/000175178321000032/rbkb-20210729x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001751783-21-000032
- JSON: https://secwatch.observer/filing/0001751783-21-000032.json
- Plain text: https://secwatch.observer/filing/0001751783-21-000032.txt

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