---
schema_version: "secwatch.filing_event.v1"
accession: "0001751783-24-000034"
form_type: "8-K"
ticker: "RBKB"
cik: "0001751783"
company_name: "Rhinebeck Bancorp, Inc."
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:20:28.227504+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Rhinebeck Bancorp Q2 net income falls 31.9% to $975K; EPS $0.09

## Summary
- Q2 2024 net income $975K ($0.09 diluted EPS), down from $1.4M ($0.13) in Q2 2023.
- Net interest income $9.1M, down 1.8% YoY; provision for credit losses increased $899K.
- Tangible book value per share $10.27, up 8.5% from June 2023.
- Loans decreased $26.5M, led by $50.7M drop in indirect auto loans.
- Non-performing assets flat at $4.2M; past due loans improved to 1.58% of total.

## SEC filing metadata
- accession: 0001751783-24-000034
- form_type: 8-K
- ticker: RBKB
- cik: 0001751783
- company_name: Rhinebeck Bancorp, Inc.
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1751783/000175178324000034/0001751783-24-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1751783/000175178324000034/rbkb-20240725x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001751783-24-000034
- JSON: https://secwatch.observer/filing/0001751783-24-000034.json
- Plain text: https://secwatch.observer/filing/0001751783-24-000034.txt

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