Rhinebeck Bancorp Inc
For the period ended Dec 31, 2023. Filed Mar 26, 2024.
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FY2023 · Filed Mar 26, 2024
RBKB$13.26-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Comprehensive Income (Loss)
(Dollars in thousands)
| · · · · · · | ||||
|---|---|---|---|---|
| · · Years Ended December 31, | ||||
| · · 2023 · 2022 | ||||
| Net Income | | $4,395 | | $6,997 |
| Other Comprehensive Income (Loss) | | | | |
| Unrealized holding gains (losses) arising during the period | | 2,676 | | (32,395) |
| Reclassification adjustment for gains or losses included in net realized loss on sales and calls of securities on the consolidated statements of income | | — | | 170 |
| Net unrealized gains (losses) on available for sale securities | | 2,676 | | (32,225) |
| Tax effect | | (562) | | 6,767 |
| Unrealized gains (losses) on available for sale securities, net of tax | | 2,114 | | (25,458) |
| Defined benefit pension plan: | | | ||
| Actuarial gains (losses) arising during the period | | 356 | | (389) |
| Reclassification adjustment for amortization of net actuarial loss | | 374 | | 267 |
| Total | | 730 | | (122) |
| Tax effect | | (153) | | 26 |
| Defined benefit pension plan gains (losses), net of tax | | 577 | | (96) |
| Other comprehensive income (loss): | | 2,691 | | (25,554) |
| Total Comprehensive Income (Loss) | | $7,086 | | $(18,557) |
| (1) | For additional details related to other comprehensive loss see Note 15, “Accumulated Other Comprehensive Loss.” |
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