{"schema_version":"secwatch.filing_event.v1","accession":"0001751783-23-000029","form_type":"8-K","ticker":"RBKB","cik":"0001751783","company_name":"Rhinebeck Bancorp, Inc.","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.089336+00:00","generated_at":"2026-06-13T00:41:32.512817+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Rhinebeck Bancorp Q2 net income down 29.5% to $1.4M; deposits decline 4.6%","bullets":["Net income $1.4M ($0.13 per share) for Q2 2023, down 29.5% vs Q2 2022; H1 net income $2.2M, down 45.4%.","Net interest income fell 14.4% to $9.3M in Q2 due to higher deposit costs and rising rate environment.","Provision for credit losses was a credit of $452K vs expense of $346K last year; net charge-offs increased to $622K.","Deposits decreased $52.5M (4.6%) from Dec 2022; uninsured deposits ~29% of total deposits.","Stockholders' equity down $669K; repurchased 200K shares for $1.4M; adoption of CECL reduced retained earnings $633K."],"urls":{"canonical":"https://secwatch.observer/filing/0001751783-23-000029","json":"https://secwatch.observer/filing/0001751783-23-000029.json","markdown":"https://secwatch.observer/filing/0001751783-23-000029.md","text":"https://secwatch.observer/filing/0001751783-23-000029.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1751783/000175178323000029/0001751783-23-000029-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1751783/000175178323000029/rbkb-20230727x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T00:41:32.512817+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1513342e2ba6c7920d976134a28b024e620537da","claim":"Rhinebeck Bancorp, Inc. reported the three months ended June 30, 2023 results: net income $1.4 million, EPS $0.13 per basic and diluted share.","evidence_excerpt":"Rhinebeck Bancorp, Inc. (the “Company”) (NASDAQ: RBKB), the holding company of Rhinebeck Bank (the “Bank”), reported net income for the three months ended June 30, 2023 of $1.4 million ($0.13 per basic and diluted share), which was $598,000, or 29.5%, less than the comparable prior year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1751783/000175178323000029/0001751783-23-000029-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended June 30, 2023"},{"label":"Net income","value":"$1.4 million"},{"label":"EPS","value":"$0.13 per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"9539666c94fc5feac6e2d2a8c5898c04e664675d","claim":"Rhinebeck Bancorp, Inc. reported the six months ended June 30, 2023 results: net income $2.2 million, EPS $0.21 per basic and $0.20 per diluted share.","evidence_excerpt":"Net income for the six months ended June 30, 2023 of $2.2 million ($0.21 per basic and $0.20 per diluted share), was $1.9 million, or 45.4%, less than the same period last year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1751783/000175178323000029/0001751783-23-000029-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six months ended June 30, 2023"},{"label":"Net income","value":"$2.2 million"},{"label":"EPS","value":"$0.21 per basic and $0.20 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}