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
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Consolidated Statements of Comprehensive Income
(Dollars in thousands)
| · · · · · · | ||||
|---|---|---|---|---|
| · · Years Ended December 31, | ||||
| · · 2024 · 2023 | ||||
| Net (Loss) Income | | $(8,620) | | $4,395 |
| Other Comprehensive Income | | | | |
| Unrealized holding gains arising during the period | | 3,702 | | 2,676 |
| Reclassification adjustment for (gains) or losses included in net realized gains or losses on sales of securities on the consolidated statements of income | | 16,041 | | — |
| Net unrealized gains on available for sale securities | | 19,743 | | 2,676 |
| Tax effect | | (4,146) | | (562) |
| Unrealized gains on available for sale securities, net of tax | | 15,597 | | 2,114 |
| Defined benefit pension plan: | | | ||
| Actuarial gains arising during the period | | 925 | | 356 |
| Reclassification adjustment for amortization of net actuarial gain | | 298 | | 374 |
| Total | | 1,223 | | 730 |
| Tax effect | | (257) | | (153) |
| Defined benefit pension plan gains, net of tax | | 966 | | 577 |
| Other comprehensive income: | | 16,563 | | 2,691 |
| Total Comprehensive Income | | $7,943 | | $7,086 |
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