For the quarter ending 2025-09-30, RBKB made $36,078K in revenue. $2,695K in net income. Net profit margin of 7.47%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Interest and fees on loans | 15,712 | 15,066 | 15,008 | 14,584 |
| Interest and dividends on securities | 1,124 | 1,275 | 1,351 | 1,161 |
| Other income | 923 | 414 | 279 | 226 |
| Total interest and dividend income | 17,759 | 16,755 | 16,638 | 15,971 |
| Interest expense on deposits | 5,443 | 4,866 | 4,762 | 5,179 |
| Interest expense on borrowings | 281 | 397 | 839 | 1,095 |
| Total interest expense | 5,724 | 5,263 | 5,601 | 6,274 |
| Net interest income | 12,035 | 11,492 | 11,037 | 9,698 |
| Provision for credit losses - loans | 928 | - | - | - |
| (reversal of) provision for credit losses - unfunded commitments | -24 | - | - | - |
| Provision for credit losses | 904 | -101 | 353 | 732 |
| Net interest income after provision for credit losses | 11,131 | 11,593 | 10,684 | 8,966 |
| Net gain from sale of other real estate owned | - | - | - | 1 |
| Service charges on deposit accounts | 739 | 728 | 773 | 69 |
| Net realized loss on sales of securities | - | - | - | -1,348 |
| Net gain on sales of loans | 89 | 69 | 38 | 38 |
| Increase in cash surrender value of life insurance | 198 | 194 | 188 | 186 |
| Net loss on disposal of premises and equipment | -1 | - | - | -4 |
| Investment advisory income | 467 | 269 | 336 | 390 |
| Gain on life insurance | - | - | - | 0 |
| Other | 447 | 342 | 416 | 167 |
| Total non-interest income (loss) | 1,939 | 1,602 | 1,751 | -503 |
| Salaries and employee benefits | 5,470 | 5,242 | 5,134 | 5,209 |
| Occupancy | 1,081 | 1,115 | 1,071 | 1,085 |
| Data processing | 524 | 534 | 525 | 508 |
| Professional fees | 501 | 492 | 477 | 481 |
| Marketing | 151 | 223 | 200 | 172 |
| Fdic deposit insurance and other insurance | 274 | 295 | 297 | 278 |
| Amortization of intangible assets | 16 | 17 | 20 | 21 |
| Other | 1,710 | 1,789 | 1,784 | 1,658 |
| Total non-interest expense | 9,727 | 9,707 | 9,508 | 9,410 |
| Net income (loss) before income taxes | 3,343 | 3,488 | 2,927 | -947 |
| Net provision (benefit) for income taxes | 648 | 762 | 639 | -181 |
| Net income (loss) | 2,695 | 2,726 | 2,288 | -766 |
| Earnings per share, basic | 0.25 | 0.25 | 0.21 | -0.07 |
| Earnings per share, diluted | 0.25 | 0.25 | 0.21 | -0.07 |
| Weighted average number of shares outstanding, basic | 10,811,808 | 10,787,446 | 10,777,044 | -5,377,312 |
| Weighted average number of shares outstanding, diluted | 10,982,343 | 10,954,124 | 10,923,364 | -5,410,457.5 |
Rhinebeck Bancorp, Inc. (RBKB)
Rhinebeck Bancorp, Inc. (RBKB)