NASDAQ : RBKB
Rhinebeck Bancorp, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 12.93 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 198.65M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 58.74M | 61.16M | 57.84M | 55.08M | 44.42M | 41.36M |
| Interest Income on Investments | 11.25M | 7.72M | 5.39M | 5.58M | 4.17M | 2.34M |
| Total Interest Income | 69.99M | 68.87M | 63.22M | 60.66M | 48.59M | 43.70M |
| Interest Paid on Deposits | 21.48M | 20.52M | 21.29M | 17.62M | 5.61M | 3.60M |
| Interest Paid on Borrowings | 845.00K | 1.96M | 4.23M | 5.08M | 1.15M | 686.00K |
| Total Interest Expense | 22.33M | 22.48M | 25.53M | 22.69M | 6.76M | 4.29M |
| Net Interest Income | 47.66M | 46.39M | 37.70M | 37.97M | 41.84M | 39.41M |
| Gain (Loss) on Sale of Assets | 9.00K | 9.00K | -18.00K | -329.00K | -38.00K | 17.00K |
| Gain (Loss) on Sale of Investments | -16.04M | -170.00K | -4.00K | |||
| Other Non-Interest Income | 3.85M | 3.73M | 3.91M | 2.74M | 2.41M | 2.23M |
| Total Non-Interest Income | 6.95M | 6.97M | -8.98M | 5.41M | 5.90M | 7.42M |
| Revenues Before Loan Losses | 54.62M | 53.36M | 28.71M | 43.37M | 47.73M | 46.84M |
| Provision for Loan Losses | 1.34M | 1.66M | 2.80M | 1.70M | 1.41M | -3.67M |
| Revenue | 53.28M | 51.70M | 25.91M | 41.67M | 46.32M | 50.50M |
| Salaries and Employee Benefits | 22.34M | 21.33M | 20.17M | 18.90M | 20.77M | 19.27M |
| Federal Deposit Insurance | 873.00K | 1.04M | 1.10M | 1.23M | 829.00K | 769.00K |
| Amortization of Goodwill & Intangibles | 28.00K | 60.00K | 80.00K | 88.00K | 99.00K | 96.00K |
| Selling, General & Administrative | 9.87M | 9.49M | 9.03M | 9.30M | 9.73M | 9.26M |
| Other Non-Interest Expense | 7.02M | 7.09M | 6.47M | 6.53M | 5.99M | 6.04M |
| Total Non-Interest Expense | 40.13M | 39.02M | 36.85M | 36.05M | 37.42M | 35.44M |
| EBT Excluding Unusual Items | 13.15M | 12.69M | -10.94M | 5.61M | 8.90M | 15.06M |
| Pretax Income | 13.15M | 12.69M | -10.94M | 5.61M | 8.90M | 14.99M |
| Income Tax Expense | 2.83M | 2.64M | -2.32M | 1.22M | 1.90M | 3.43M |
| Net Income | 10.32M | 10.04M | -8.62M | 4.39M | 7.00M | 11.56M |
| Net Income to Common | 10.32M | 10.04M | -8.62M | 4.39M | 7.00M | 11.56M |
| Basic Shares Outstanding | 15.09M | 15.10M | 15.04M | 15.08M | 15.15M | 15.05M |
| Diluted Shares Outstanding | 15.27M | 15.32M | 15.04M | 15.17M | 15.38M | 15.31M |
| EPS (Basic) | 0.68 | 0.67 | -0.57 | 0.29 | 0.46 | 0.77 |
| EPS (Diluted) | 0.68 | 0.66 | -0.57 | 0.29 | 0.46 | 0.76 |
| Effective Tax Rate | 21.50% | 20.81% | 21.71% | 21.35% | 22.90% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 201.33M | 101.99M | 37.48M | 22.13M | 31.38M | 72.09M |
| Investment Securities | 281.64M | 73.22M | 66.45M | 63.41M | 79.12M | 103.79M |
| Trading Asset Securities | 7.20M | 6.74M | 6.28M | 4.55M | 644.00K | |
| Mortgage-Backed Securities | 88.98M | 93.49M | 128.58M | 144.53M | 176.49M | |
| Total Investments | 281.64M | 169.41M | 166.69M | 198.26M | 228.21M | 280.93M |
| Gross Loans | 952.62M | 961.74M | 980.32M | 1.02B | 1.00B | 858.58M |
| Allowance for Loan Losses | -8.13M | -8.35M | -8.54M | -8.12M | -7.94M | -7.56M |
| Net Loans | 944.48M | 953.38M | 971.78M | 1.01B | 994.12M | 851.02M |
| Property, Plant & Equipment | 13.20M | 19.67M | 21.41M | 23.81M | 25.62M | 27.02M |
| Goodwill | 2.23M | 2.23M | 2.23M | 2.23M | 2.23M | 2.23M |
| Other Intangible Assets | 85.00K | 106.00K | 166.00K | 246.00K | 334.00K | 433.00K |
| Loans Held for Sale | 908.00K | 247.00K | 3.95M | |||
| Accrued Interest Receivable | 5.49M | 5.00M | 4.59M | 4.62M | 4.31M | 3.38M |
| Long-Term Deferred Tax Assets | 5.32M | 4.94M | 8.11M | 9.94M | 10.13M | 3.35M |
| Other Real Estate Owned & Foreclosed | 25.00K | |||||
| Other Long-Term Assets | 56.25M | 43.09M | 39.34M | 36.58M | 36.13M | 35.44M |
| Total Assets | 1.51B | 1.30B | 1.26B | 1.31B | 1.34B | 1.28B |
| Accrued Expenses | 30.45M | 7.15M | 7.79M | 8.50M | 9.04M | 7.75M |
| Interest Bearing Deposits | 986.05M | 770.41M | 687.07M | 680.65M | 807.47M | 763.48M |
| Institutional Deposits | 99.66M | 95.59M | 100.06M | 38.90M | 23.70M | |
| Non-Interest Bearing Deposits | 258.33M | 227.27M | 238.13M | 249.79M | 283.56M | 314.81M |
| Total Deposits | 1.24B | 1.10B | 1.02B | 1.03B | 1.13B | 1.10B |
| Short-Term Borrowings | 7.20M | 6.74M | 6.28M | 4.55M | 644.00K | |
| Current Portion of Long-Term Debt | 1.61M | |||||
| Current Portion of Leases | 692.00K | |||||
| Accrued Interest Payable | 115.00K | 152.00K | ||||
| Federal Home Loan Bank Debt, Long-Term | 5.75M | 23.54M | 69.77M | 128.06M | 57.72M | 18.04M |
| Long-Term Leases | 5.45M | 7.39M | 6.31M | 6.90M | 7.84M | |
| Trust Preferred Securities | 5.16M | 5.16M | 5.16M | 5.16M | 5.16M | 5.16M |
| Pension & Post-Retirement Benefits | 2.19M | 1.26M | 194.00K | 232.00K | 216.00K | |
| Other Long-Term Liabilities | 4.63M | 14.46M | 14.88M | 14.51M | 14.32M | 13.55M |
| Total Liabilities | 1.29B | 1.16B | 1.13B | 1.20B | 1.23B | 1.16B |
| Common Stock | 156.00K | 112.00K | 111.00K | 111.00K | 113.00K | 113.00K |
| Additional Paid-In Capital | 130.70M | 45.71M | 45.95M | 45.96M | 47.08M | 46.57M |
| Retained Earnings | 109.13M | 101.80M | 91.77M | 100.39M | 96.62M | 89.63M |
| Comprehensive Income & Other | -19.15M | -10.77M | -15.99M | -32.77M | -35.68M | -10.34M |
| Shareholders' Equity | 220.84M | 136.85M | 121.83M | 113.69M | 108.13M | 125.97M |
| Total Liabilities & Equity | 1.51B | 1.30B | 1.26B | 1.31B | 1.34B | 1.28B |
| Total Debt | 10.90M | 43.66M | 89.06M | 145.80M | 74.32M | 31.68M |
| Net Cash (Debt) | 190.43M | 65.53M | -44.83M | -117.40M | -38.39M | 41.06M |
| Net Cash Per Share | 12.47 | 4.28 | -2.98 | -7.74 | -2.50 | 2.68 |
| Filing Date Shares Outstanding | 15.04M | 15.18M | 15.08M | 15.02M | 15.29M | 15.27M |
| Total Common Shares Outstanding | 15.04M | 15.18M | 15.08M | 15.02M | 15.29M | 15.27M |
| Book Value Per Share | 14.69 | 9.02 | 8.08 | 7.57 | 7.07 | 8.25 |
| Tangible Book Value | 218.52M | 134.51M | 119.43M | 111.20M | 105.56M | 123.30M |
| Tangible Book Value Per Share | 14.53 | 8.86 | 7.92 | 7.40 | 6.91 | 8.07 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 10.04M | -8.62M | 4.39M | 7.00M | 11.56M | |
| Depreciation & Amortization | 1.36M | 1.42M | 1.49M | 1.65M | 1.66M | |
| Gain (Loss) on Sale of Assets | -9.00K | 14.00K | 329.00K | 38.00K | -26.00K | |
| Gain (Loss) on Sale of Investments | -158.00K | 16.09M | 281.00K | 400.00K | 333.00K | |
| Provision for Credit Losses | 1.66M | 2.80M | 1.70M | 1.41M | -3.67M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 252.00K | 1.07M | -543.00K | 4.57M | 1.35M | |
| Accrued Interest Receivable | -447.00K | 181.00K | -361.00K | -889.00K | 453.00K | |
| Change in Other Net Operating Assets | -2.83M | -1.53M | -114.00K | 634.00K | -3.38M | |
| Other Operating Activities | 1.84M | -2.99M | -573.00K | 14.00K | 1.11M | |
| Operating Cash Flow | 11.74M | 8.47M | 7.05M | 14.79M | 7.65M | |
| Capital Expenditures | -850.00K | -791.00K | -578.00K | -1.13M | -1.77M | |
| Sale of Property, Plant and Equipment | 45.00K | 2.89M | ||||
| Cash Acquisitions | 32.77M | |||||
| Investment in Securities | 3.25M | 35.70M | 34.07M | 24.00M | -182.40M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | 16.74M | 33.36M | -16.16M | -144.52M | 23.75M | |
| Other Investing Activities | 1.98M | 3.56M | -2.61M | -1.96M | -8.22M | |
| Investing Cash Flow | 21.16M | 74.75M | 14.70M | -123.61M | -135.73M | |
| Short-Term Debt Issued | 28.73M | 34.51M | ||||
| Long-Term Debt Issued | 216.00K | 41.61M | 5.18M | |||
| Total Debt Issued | 216.00K | 70.34M | 39.68M | |||
| Short-Term Debt Repaid | -44.84M | -33.55M | -15.87M | |||
| Long-Term Debt Repaid | -24.74M | -16.77M | ||||
| Total Debt Repaid | -44.84M | -58.29M | -32.63M | |||
| Net Debt Issued (Repaid) | -44.62M | -58.29M | 70.34M | 39.68M | -32.63M | |
| Issuance of Common Stock | 36.00K | |||||
| Repurchase of Common Stock | -313.00K | -1.46M | -111.00K | -125.00K | ||
| Net Increase (Decrease) in Deposit Accounts | 76.56M | -9.72M | -99.43M | 27.93M | 138.77M | |
| Other Financing Activities | -26.00K | 151.00K | -458.00K | 602.00K | 636.00K | |
| Financing Cash Flow | 31.60M | -67.86M | -31.00M | 68.11M | 106.69M | |
| Net Cash Flow | 64.50M | 15.36M | -9.26M | -40.71M | -21.39M | |
| Free Cash Flow | 10.89M | 7.68M | 6.47M | 13.66M | 5.88M | |
| Free Cash Flow Margin | 21.07% | 29.64% | 15.53% | 29.50% | 11.64% | |
| Free Cash Flow Per Share | 0.71 | 0.51 | 0.43 | 0.89 | 0.38 | |
| Cash Interest Paid | 22.35M | 26.08M | 21.98M | 6.07M | 4.61M | |
| Cash Income Tax Paid | 603.00K | 874.00K | 1.50M | 1.90M | -40.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 198.80M | 130.50M | 104.21M | 86.46M | 99.57M | 116.41M |
| Last Close Price | 12.94 | 8.60 | 6.92 | 5.76 | 6.52 | 7.63 |
| PE Ratio | 19.08 | 12.99 | 19.67 | 14.23 | 10.07 | |
| PS Ratio | 3.73 | 2.52 | 4.02 | 2.08 | 2.15 | 2.31 |
| PB Ratio | 0.88 | 0.95 | 0.85 | 0.76 | 0.92 | 0.92 |
| P/FCF Ratio | 15.63 | 11.98 | 13.57 | 13.36 | 7.29 | 19.80 |
| P/OCF Ratio | 14.09 | 11.11 | 12.30 | 12.27 | 6.73 | 15.21 |
| Debt / Equity Ratio | 0.05 | 0.32 | 0.73 | 1.28 | 0.69 | 0.25 |
| Debt / FCF Ratio | 4.01 | 11.60 | 22.54 | 5.44 | 5.39 | |
| Net Debt / Equity Ratio | -0.86 | -0.48 | 0.37 | 1.03 | 0.35 | -0.33 |
| Net Debt / FCF Ratio | -6.02 | 5.84 | 18.14 | 2.81 | -6.99 | |
| Return on Equity (ROE) | 5.83% | 7.77% | -7.32% | 3.96% | 5.98% | 9.53% |
| Return on Assets (ROA) | 0.73% | 0.78% | -0.67% | 0.33% | 0.53% | 0.96% |
| Earnings Yield | 5.24% | 7.70% | -8.27% | 5.08% | 7.03% | 9.93% |
| FCF Yield | 6.40% | 8.35% | 7.37% | 7.48% | 13.72% | 5.05% |
| Buyback Yield / Dilution | -0.12% | -1.86% | 0.90% | 1.35% | -0.46% | -2.00% |