---
schema_version: "secwatch.filing_event.v1"
accession: "0001751783-21-000040"
form_type: "8-K"
ticker: "RBKB"
cik: "0001751783"
company_name: "Rhinebeck Bancorp, Inc."
filed_at: "2021-10-28T23:59:59+00:00"
generated_at: "2026-06-28T16:54:18.936512+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Rhinebeck Bancorp Q3 net income $2.7M, up 134% YoY; credit to loan loss provision drives results

## Summary
- Net income $2.7M ($0.25/share) in Q3 2021, up 133.5% from $1.2M in Q3 2020; nine-month net income $8.6M, up 139.9%.
- Provision for loan losses recorded a credit of $954k in Q3 2021 vs. provision of $2.3M in prior year, reflecting improved credit quality.
- Net interest margin stable at 3.44% for nine months; total assets grew 11.9% to $1.26B; deposits up 17% to $1.09B.
- Company recorded $450k reserve for potential consumer compliance issues in indirect auto loan portfolio; further reserves possible.
- CEO expects slight loan growth in Q4 2021 and normalized growth in 2022.

## SEC filing metadata
- accession: 0001751783-21-000040
- form_type: 8-K
- ticker: RBKB
- cik: 0001751783
- company_name: Rhinebeck Bancorp, Inc.
- filed_at: 2021-10-28T23:59:59+00:00
- event_type: earnings
- 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/1751783/000175178321000040/0001751783-21-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1751783/000175178321000040/rbkb-20211028x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001751783-21-000040
- JSON: https://secwatch.observer/filing/0001751783-21-000040.json
- Plain text: https://secwatch.observer/filing/0001751783-21-000040.txt

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