---
schema_version: "secwatch.filing_event.v1"
accession: "0001751783-24-000042"
form_type: "8-K"
ticker: "RBKB"
cik: "0001751783"
company_name: "Rhinebeck Bancorp, Inc."
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:35:20.115165+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Rhinebeck Bancorp Q3 net loss $8.1M on $12M securities restructuring loss

## Summary
- Net loss of $8.1M ($0.75 loss per share) vs net income of $1.2M ($0.11 EPS) in Q3 2023.
- Pre-tax loss of $12.0M from sale of low-yield securities (1.11% yield, 5.8yr life); reinvested at 4.22% yield, 2.7yr life.
- Net interest income flat at $9.7M, net interest margin improved 17bps to 3.26%.
- Total assets down 3.6% to $1.27B; loans fell 4.4% to $964.9M; deposits up 1.5% to $1.07B.
- Non-performing assets rose to $4.8M; allowance for credit losses at 0.84% of loans.

## SEC filing metadata
- accession: 0001751783-24-000042
- form_type: 8-K
- ticker: RBKB
- cik: 0001751783
- company_name: Rhinebeck Bancorp, Inc.
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1751783/000175178324000042/0001751783-24-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1751783/000175178324000042/rbkb-20241024x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001751783-24-000042
- JSON: https://secwatch.observer/filing/0001751783-24-000042.json
- Plain text: https://secwatch.observer/filing/0001751783-24-000042.txt

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