Rhinebeck Bancorp Inc
For the period ended Dec 31, 2023. Filed Mar 26, 2024.
View on SEC.govAbout this filing
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FY2023 · Filed Mar 26, 2024
RBKB$13.31+0.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Stockholders’ Equity
(Dollars in thousands)
| | | | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · · · · · Unearned · · · · Accumulated · · | |||||||||||||||||||
| · · · · Additional · · Common · · · · Other · · · | |||||||||||||||||||
| · · Common · · Paid-in · · Stock Held · · Retained · · Comprehensive · · · | |||||||||||||||||||
| · Stock · Capital · · by the ESOP · Earnings · Loss · Total · | |||||||||||||||||||
| Balance at December 31, 2021 | | $113 | | $46,573 | | $(3,709) | | $89,627 | | $(6,635) | | $125,969 | | ||||||
| | | | | | | | | | | | | | | | | | | | |
| Net income | | | — | | | — | | | — | | | 6,997 | | | — | | | 6,997 | |
| Other comprehensive loss | | | — | | | — | | | — | | | — | | | (25,554) | | | (25,554) | |
| ESOP shares committed to be allocated | | | — | | | (2) | | | 218 | | | — | | | — | | | 216 | |
| Share-based compensation expense | | | — | | | 615 | | | — | | | — | | | — | | | 615 | |
| Share redemption for tax withholding on restricted stock vesting | | | — | | | (111) | | | — | | | — | | | — | | | (111) | |
| | | | | | | | | | | | | | | | | | | | |
| Balance at December 31, 2022 | | $113 | | $47,075 | | $(3,491) | | $96,624 | | $(32,189) | | $108,132 | | ||||||
| Cumulative effect of change in accounting principle (See Note 1 of the Consolidated Financial Statements–Recent Accounting Pronouncements), net of tax | | $— | | $— | | $— | | $(633) | | $— | | $(633) | | ||||||
| Balance at January 1, 2023 | | $113 | | $47,075 | | $(3,491) | | $95,991 | | $(32,189) | | $107,499 | | ||||||
| | | | | | | | | | | | | | | | | | | | |
| Net income | | | — | | | — | | | — | | | 4,395 | | | — | | | 4,395 | |
| Other comprehensive income | | | — | | | — | | | — | | | — | | | 2,691 | | | 2,691 | |
| ESOP shares committed to be allocated | | | — | | | (56) | | | 218 | | | — | | | — | | | 162 | |
| Share-based compensation expense | | | — | | | 396 | | | — | | | — | | | — | | | 396 | |
| Repurchase of common stock | | | (2) | | | (1,378) | | | — | | | — | | | — | | | (1,380) | |
| Share redemption for tax withholding on restricted stock vesting | | | — | | | (78) | | | — | | | — | | | — | | | (78) | |
| | | | | | | | | | | | | | | | | | | | |
| Balance at December 31, 2023 | | $111 | | $45,959 | | $(3,273) | | $100,386 | | $(29,498) | | $113,685 | | ||||||
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