Rhinebeck Bancorp, Inc. (RBKB) FY2025 10-K Annual Report
Rhinebeck Bancorp, Inc. (RBKB) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Mar 13, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.
Rhinebeck Bancorp, Inc. FY2025 10-K Analysis
Business Overview
- • Core business: community bank focused on loans, deposits, and wealth management services
- • New emphasis: technology investments including AI and machine learning to improve product offerings and operational efficiency
- • Strategic shift: expansion of market area and digital offerings despite short-term rise in expenses, efficiency ratio improved to 73.12% from 82.34%
- • Quantitative metric: wealth management assets under management reached $243.0 million as of December 31, 2025
- • Noteworthy risk: increased cybersecurity threats and AI-related operational risks amid remote work and third-party technology use
Management Discussion & Analysis
- • Revenue: Net interest income $46.4M, up $8.7M YoY; Non-interest income $7.0M vs loss $(9.0)M in prior year
- • Profitability: Net income $10.0M vs net loss $(8.6)M; Net interest margin 3.89% vs 3.17%; Efficiency ratio 73.12% vs 82.34%
- • Best segment: Commercial real estate loans +$52.1M (10.8% increase); Worst segment: Indirect automobile loans -$81.9M (27.7% decrease)
- • Capital: Stockholders’ equity up $15.0M to $136.9M; Deposits up $76.6M (7.5%) to $1.10B; FHLB advances down $44.6M; No mention of buybacks/dividends
- • Outlook: Focus on commercial lending growth, expanding core deposits, investing in technology, private banking services, cautious credit risk management, potential acquisitions
Risk Factors
- • Commercial real estate and business loans $626.3M, 65.4% of portfolio, exposed to regional economic downturns and borrower concentration risk
- • Collateral illiquidity risk due to fewer buyers of commercial real estate, extending holding periods after foreclosure
- • Declining occupancy and property values from shifting consumer work and living preferences impacting loan recoveries
- • Large loan balances to single or related borrowers increasing loss severity on credit deterioration
- • Potential significant credit loss provisions and charge-offs from impaired commercial real estate collateral
Rhinebeck Bancorp, Inc. FY2025 Key Financial MetricsXBRL
Revenue
$3M
▼ -0.6% YoY
Net Income
$10M
▲ +216.5% YoY
Net Margin
336.6%
▲ +62377bp YoY
ROE
7.3%
▲ +1442bp YoY
Total Assets
$1.3B
▲ +3.7% YoY
EPS (Diluted)
$0.92
▲ +215.0% YoY
Operating Cash Flow
$12M
▲ +38.6% YoY
Source: XBRL data from Rhinebeck Bancorp, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.
Get deeper insights on Rhinebeck Bancorp, Inc.
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.