{"schema_version":"secwatch.filing_event.v1","accession":"0001751783-24-000022","form_type":"8-K","ticker":"RBKB","cik":"0001751783","company_name":"Rhinebeck Bancorp, Inc.","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.889972+00:00","generated_at":"2026-06-03T08:08:28.176108+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Rhinebeck Bancorp Q1 net income $1.1M ($0.10 EPS), up 40.5% YoY; tangible book value $10.10 per share","bullets":["Net income $1.1M ($0.10 per share) vs $798K ($0.07) in Q1 2023, up 40.5%.","Net interest income down 9.8% to $8.9M due to higher deposit costs; net interest margin 2.92% (down 29 bps).","Provision for credit losses decreased 91.8% to $83K; net charge-offs down to $250K.","Non-interest income up 9.4% to $1.5M; non-interest expenses down 3.5% to $8.9M (salary/benefits down 4.7% after 5% workforce reduction).","Total assets $1.30B (down 1.1%); loans decreased $15.5M to $993.3M; deposits up $6.5M; equity $114.3M."],"urls":{"canonical":"https://secwatch.observer/filing/0001751783-24-000022","json":"https://secwatch.observer/filing/0001751783-24-000022.json","markdown":"https://secwatch.observer/filing/0001751783-24-000022.md","text":"https://secwatch.observer/filing/0001751783-24-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1751783/000175178324000022/0001751783-24-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1751783/000175178324000022/rbkb-20240425x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T08:08:28.176108+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":"8870bac864d7a87238a724c5ed1ce992d4445b0e","claim":"Rhinebeck Bancorp, Inc. reported First Quarter 2024 results: net income $1.1 million, EPS $0.10.","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 March 31, 2024 of $1.1 million ($0.10 per basic and diluted share), which was $323,000, or 40.5%, higher than the comparable prior year period of $798,000 ($0.07 per basic and diluted share).","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1751783/000175178324000022/0001751783-24-000022-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"First Quarter 2024"},{"label":"Net income","value":"$1.1 million"},{"label":"EPS","value":"$0.10"},{"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"}