Rhinebeck Bancorp, Inc.
For the period ended Dec 31, 2024. Filed Mar 25, 2025.
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FY2024 · Filed Mar 25, 2025
RBKB$13.26-0.4%Stored close · as of Nov 10, 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, 2022 | | $113 | | $47,075 | | $(3,491) | | $96,624 | | $(32,189) | | $108,132 | | ||||||
| | | | | | | | | | | | | | | | | | | | |
| Cumulative effect of change in accounting principle (ASU 2016-13), net of tax | | $— | | $— | | $— | | $(633) | | $— | | $(633) | | ||||||
| Balance at January 1, 2023 as adjusted for change in accounting principle | | $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 | | ||||||
| | | | | | | | | | |||||||||||
| Net loss | | | — | | | — | | | — | | | (8,620) | | | — | | | (8,620) | |
| Other comprehensive income | | | — | | | — | | | — | | | — | | | 16,563 | | | 16,563 | |
| ESOP shares committed to be allocated | | | — | | | (32) | | | 218 | | | — | | | — | | | 186 | |
| Share-based compensation expense | | | — | | | 19 | | | — | | | — | | | — | | | 19 | |
| | | | | | | | | | | | | | | | | | | | |
| Balance at December 31, 2024 | | $111 | | $45,946 | | $(3,055) | | $91,766 | | $(12,935) | | $121,833 | | ||||||
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