| Rhinebeck Bancorp, Inc. Reports Results for the Quarter and Year Ended December 31, 2024 |
POUGHKEEPSIE, NY / ACCESS Newswire / January 30, 2025 / Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ:RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported a net loss for the fourth quarter of 2024 of $2.7 million, compared to net income of $930,000 for the fourth quarter of 2023. Diluted loss per share was $0.25 for the fourth quarter of 2024, compared to diluted earnings per share of $0.09 for the same quarter of 2023. |
accessnewswire.com |
2025-01-30 18:55:00 |
Czytaj oryginał (ang.) |
| Rhinebeck Bancorp, Inc. Completes Further Balance Sheet Restructuring |
POUGHKEEPSIE, NY / ACCESSWIRE / December 26, 2024 / Rhinebeck Bancorp, Inc. (NASDAQ:RBKB) (the "Company"), the parent company of Rhinebeck Bank (the "Bank"), announced the sale of a portion of its available-for-sale investment securities portfolio as part of a strategic balance sheet repositioning. In September 2024, the Company announced the sale of $71 million of available-for-sale securities. |
accesswire.com |
2024-12-26 18:15:00 |
Czytaj oryginał (ang.) |
| Rhinebeck Bancorp, Inc. Reports Results for the Quarter Ended September 30, 2024 |
POUGHKEEPSIE, NY / ACCESSWIRE / October 24, 2024 / Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ:RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported a net loss for the third quarter of 2024 of $8.1 million, compared to net income of $1.2 million for the third quarter of 2023. Loss per share was $0.75 for the third quarter of 2024, compared to diluted earnings per share of $0.11 for the same quarter of 2023. |
accesswire.com |
2024-10-24 20:25:00 |
Czytaj oryginał (ang.) |
| Rhinebeck Bancorp, Inc. Completes Balance Sheet Restructuring |
POUGHKEEPSIE, NY / ACCESSWIRE / September 27, 2024 / Rhinebeck Bancorp, Inc. (NASDAQ:RBKB) (the "Company"), the parent company of Rhinebeck Bank (the "Bank"), announced the sale of a significant portion of its available-for-sale investment securities portfolio as part of a strategic balance sheet repositioning. In September 2024, the Bank sold $71 million of available-for-sale securities. |
accesswire.com |
2024-09-27 20:15:00 |
Czytaj oryginał (ang.) |
| Rhinebeck Bancorp, Inc. Reports Results for the Quarter Ended June 30, 2024 |
POUGHKEEPSIE, NY / ACCESSWIRE / July 25, 2024 / Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ:RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported net income for the three months ended June 30, 2024 of $975,000 ($0.09 per basic and diluted share), which was $456,000, or 31.9% less than the comparable prior year period of $1.4 million ($0.13 per basic and diluted share). Net income for the six months ended June 30, 2024 of $2.1 million ($0.19 per basic and diluted share) was $133,000, or 6.0%, less than the same period last year. |
accesswire.com |
2024-07-25 20:25:00 |
Czytaj oryginał (ang.) |
| Rhinebeck Bancorp Announces Appointment of Kevin Nihill as Chief Financial Officer |
POUGHKEEPSIE, NY / ACCESSWIRE / June 25, 2024 / Rhinebeck Bancorp, Inc. (NASDAQ:RBKB), the holding company of Rhinebeck Bank, announced the appointment of Kevin Nihill as Chief Financial Officer of Rhinebeck Bancorp and Rhinebeck Bank. Nihill replaced former Chief Financial Officer, Michael McDermott, who retired from the Bank after 23 years of service. |
accesswire.com |
2024-06-25 20:25:00 |
Czytaj oryginał (ang.) |
| Rhinebeck Bancorp, Inc. Reports Results for the Quarter Ended March 31, 2024 |
POUGHKEEPSIE, NY / ACCESSWIRE / April 25, 2024 / Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ:RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported net income for the three months ended March 31, 2024 of $1.1 million ($0.10 per basic and diluted share), which was $323,000, or 40.5%, higher than the comparable prior year period of $798,000 ($0.07 per basic and diluted share). The increase in net income for the quarter ended March 31, 2024 was primarily due to an increase in non-interest income and decreases in the provision for credit losses and non-interest expenses, partially offset by a decrease in net interest income, as compared to the quarter ended March 31, 2023. |
accesswire.com |
2024-04-25 20:25:00 |
Czytaj oryginał (ang.) |
| Rhinebeck Bancorp, Inc. Reports Results for the Quarter and Year Ended December 31, 2023 |
POUGHKEEPSIE, NY / ACCESSWIRE / January 25, 2024 / Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ:RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported net income for the three months ended December 31, 2023 of $930,000 ($0.09 per basic and diluted share), which was $122,000, or 15.1%, higher than the comparable prior year period. Net income for the year ended December 31, 2023 of $4.4 million ($0.41 per basic and $0.40 per diluted share) was $2.6 million, or 37.2%, less than the prior year. |
accesswire.com |
2024-01-25 18:25:00 |
Czytaj oryginał (ang.) |
| Rhinebeck Bancorp, Inc. Reports Results for the Three and Nine Months Ended September 30, 2023 |
POUGHKEEPSIE, NY / ACCESSWIRE / October 26, 2023 / Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ:RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported net income for the three months ended September 30, 2023 of $1.2 million ($0.12 per basic and $0.11 per diluted share), which was $871,000, or 41.3%, less than the comparable prior year period. Net income for the nine months ended September 30, 2023 of $3.5 million ($0.32 per basic and diluted share), was $2.7 million, or 44.0%, less than the same period last year. |
accesswire.com |
2023-10-26 20:25:00 |
Czytaj oryginał (ang.) |
| Rhinebeck Bancorp, Inc. Reports Results for the Three and Six Months Ended June 30, 2023 |
POUGHKEEPSIE, NY / ACCESSWIRE / July 27, 2023 / Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ:RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported net income for the three months ended June 30, 2023 of $1.4 million ($0.13 per basic and diluted share), which was $598,000, or 29.5%, less than the comparable prior year period. Net income for the six months ended June 30, 2023 of $2.2 million ($0.21 per basic and $0.20 per diluted share), was $1.9 million, or 45.4%, less than the same period last year. |
accesswire.com |
2023-07-27 20:25:00 |
Czytaj oryginał (ang.) |
| Rhinebeck Bancorp, Inc. Reports Results for the Three and Six Months Ended June 30, 2021 |
POUGHKEEPSIE, N.Y., July 29, 2021 /PRNewswire/ -- Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ: RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported net income for the three months ended June 30, 2021 of $2.6 million ($0.24 per basic and $0.23 per diluted share), which was $1.2 million, or 90.3%, more than the comparable prior year period, and net income for the six months ended June 30, 2021 of $5.9 million ($0.55 per basic and $0.54 per diluted share), which was $3.5 million, or 142.9%, greater than the same period last year. |
prnewswire.com |
2021-07-29 20:25:00 |
Czytaj oryginał (ang.) |
| Rhinebeck Bank expands Commercial Lending Team into Albany market |
ALBANY, N.Y., June 9, 2021 /PRNewswire/ -- Rhinebeck Bank, the wholly-owned subsidiary of Rhinebeck Bancorp, Inc. (NASDAQ: RBKB), has expanded its presence in the Capital District with a new Commercial Lending office in the Albany market. |
prnewswire.com |
2021-06-09 17:00:00 |
Czytaj oryginał (ang.) |
| Rhinebeck Bank promotes Philip J. Bronzi to Chief Lending Officer |
POUGHKEEPSIE, N.Y., June 2, 2021 /PRNewswire/ -- Rhinebeck Bank, the wholly-owned subsidiary of Rhinebeck Bancorp, Inc. (NASDAQ: RBKB), has promoted Philip J. |
prnewswire.com |
2021-06-02 18:00:00 |
Czytaj oryginał (ang.) |