Earnings · Oct 29, 2026

Reports Q3 net income of $3.2 million, or $0.21 per share

RBKBRhinebeck Bancorp, Inc.

Rhinebeck Bancorp reported third-quarter net income of $3.2 million, or $0.21 per diluted share, a 17% increase from the prior year period. Net interest income rose 8.1% to $13.0 million, while non-interest expense increased 6.0% to $10.3 million. The company also announced it successfully completed its second-step mutual-to-stock conversion in July, raising $88.8 million in gross proceeds through a public stock offering.