The bank maintains a conservative capital position with an equity-to-assets ratio of 0.11, while investment securities continue to dominate the balance sheet at $1.2 billion.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|
| Cash & Short Term Investments | 276.02M | 122.03M | 147.24M | 159.05M | 240.47M | 299.73M | 196.42M | 126.81M | 151.9M | 123.76M | 153.24M | 28.32M | 30.57M | 17.43M |
| Cash & Due from Banks | 17.59M | 18.83M | 19.18M | 14.61M | 16.82M | 19.45M | 93.48M | 11.98M | 50.59M | 10.46M | 12.98M | 28.32M | 30.57M | 17.43M |
| Short Term Investments | 0 | 103.2M | 128.07M | 144.45M | 223.66M | 280.28M | 102.93M | 114.83M | 101.31M | 113.3M | 140.27M | 0 | 0 | 0 |
| Total Investments | 1.2B | 1.12B | 1.13B | 1.2B | 1.22B | 1.14B | 976.75M | 908.3M | 779.71M | 681.39M | 654.5M | 0 | 0 | 0 |
| Investments Growth % | -7.6% | -1.43% | -5.76% | -1.41% | 7.29% | 16.23% | 7.54% | 16.49% | 14.43% | 4.11% | - | - | - | - |
| Long-Term Investments | 4.15B | 1.01B | 1B | 1.06B | 994.37M | 854.97M | 873.81M | 793.47M | 678.4M | 568.09M | 514.23M | 0 | 0 | 0 |
| Accounts Receivables | 0 | 4.88M | 4.43M | 4.62M | 4.25M | 3.37M | 3.82M | 2.9M | 2.52M | 2.15M | 1.98M | 0 | 0 | 0 |
| Goodwill & Intangibles | 2.33M | 2.34M | 2.4M | 2.48M | 2.57M | 2.67M | 1.61M | 1.65M | 1.69M | 1.83M | 3.51M | 3.89M | 5.34M | 5.52M |
| Goodwill | 2.23M | 2.23M | 2.23M | 2.23M | 2.23M | 2.23M | 1.41M | 1.41M | 1.41M | 1.5M | 2.78M | 2.98M | 4M | 4M |
| Intangible Assets | 99K | 106K | 166K | 246K | 334K | 433K | 199K | 241K | 284K | 326K | 727K | 911.6K | 1.34M | 1.52M |
| PP&E (Net) | 19.54M | 13.62M | 14.11M | 17.57M | 18.72M | 19.18M | 18.84M | 18.34M | 17.04M | 17.02M | 18.22M | 18.37M | 19.87M | 20.87M |
| Other Assets | 40.5M | 141.56M | 75.81M | 63.16M | 65.46M | 97.9M | 30.63M | 28.52M | 27.93M | 26.22M | 26.72M | 617.57M | 594.71M | 569.01M |
| Total Current Assets | 22.42M | 126.91M | 151.68M | 163.67M | 244.73M | 303.1M | 200.24M | 129.71M | 154.43M | 125.91M | 155.22M | 28.32M | 30.57M | 17.43M |
| Total Non-Current Assets | 1.26B | 1.17B | 1.1B | 1.15B | 1.09B | 978.07M | 928.59M | 844.23M | 728M | 616.19M | 567.34M | 639.83M | 619.92M | 595.39M |
| Total Assets | 1.28B | 1.3B | 1.26B | 1.31B | 1.34B | 1.28B | 1.13B | 973.95M | 882.42M | 742.1M | 722.56M | 668.15M | 650.5M | 612.83M |
| Asset Growth % | 9.77% | 3.66% | -4.37% | -1.7% | 4.28% | 13.5% | 15.9% | 10.37% | 18.91% | 2.71% | 8.14% | 2.71% | 6.15% | - |
| Return on Assets (ROA) | 0.77% | 0.79% | -0.67% | 0.33% | 0.53% | 0.96% | 0.56% | 0.64% | 0.54% | 0.41% | 0.39% | 0.13% | 0.15% | 0.23% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 16.48M | 30.31M | 74.93M | 133.22M | 62.88M | 23.2M | 55.83M | 71.46M | 41.75M | 20.05M | 14.65M | 5.16M | 12.65M | 12.65M |
| Net Debt | -1.12M | 11.48M | 55.75M | 118.61M | 46.06M | 3.75M | -37.66M | 59.48M | -8.84M | 9.6M | 1.68M | -23.16M | -17.92M | -4.78M |
| Long-Term Debt | 8.69M | 28.69M | 54.93M | 133.22M | 62.88M | 23.2M | 55.83M | 71.46M | 36.75M | 20.05M | 14.65M | 5.16M | 12.65M | 12.65M |
| Short-Term Debt | 2.15M | 1.61M | 20M | 0 | 0 | 0 | 0 | 0 | 5M | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 1.13B | 37.27M | 38.22M | 35.8M | 9.73M | 9.13M | 8.49M | 8.11M | 86.87M | 7.28M | 7.06M | 612.07M | 587.34M | 548.58M |
| Total Current Liabilities | 2.15M | 1.1B | 1.04B | 1.03B | 1.16B | 1.12B | 948.01M | 784.5M | 699.53M | 659.79M | 648.33M | 8.46M | 8.49M | 8.4M |
| Total Non-Current Liabilities | 1.14B | 65.96M | 93.15M | 169.01M | 72.61M | 32.33M | 64.32M | 79.56M | 123.62M | 27.34M | 21.71M | 608.76M | 591.5M | 552.84M |
| Total Liabilities | 1.15B | 1.16B | 1.13B | 1.2B | 1.23B | 1.16B | 1.01B | 864.06M | 823.15M | 687.13M | 670.04M | 617.22M | 600M | 561.23M |
| Total Equity | 138.64M | 136.85M | 121.83M | 113.69M | 108.13M | 125.97M | 116.5M | 109.88M | 59.28M | 54.98M | 52.52M | 50.93M | 50.5M | 51.59M |
| Equity Growth % | 41.79% | 12.33% | 7.17% | 5.14% | -14.16% | 8.13% | 6.02% | 85.37% | 7.82% | 4.68% | 3.12% | 0.85% | -2.12% | - |
| Equity / Assets (Capital Ratio) | 10.79% | 10.51% | 9.7% | 8.66% | 8.09% | 9.83% | 10.32% | 11.28% | 6.72% | 7.41% | 7.27% | 7.62% | 7.76% | 8.42% |
| Return on Equity (ROE) | 7.42% | 7.77% | -7.32% | 3.96% | 5.98% | 9.53% | 5.23% | 7.05% | 7.63% | 5.59% | 5.2% | 1.69% | 1.81% | 2.7% |
| Book Value per Share | 12.62 | 12.49 | 11.32 | 10.47 | 9.83 | 11.50 | 10.85 | 10.26 | 14.24 | 13.21 | 12.62 | 12.23 | 12.13 | 12.39 |
| Tangible BV per Share | 12.41 | 12.27 | 11.10 | 10.24 | 9.59 | 11.26 | 10.70 | 10.11 | 13.83 | 12.77 | 11.77 | 11.30 | 10.85 | 11.07 |
| Common Stock | 112K | 112K | 111K | 111K | 113K | 113K | 113K | 111K | 0 | 0 | 0 | 0 | 0 | 0 |
| Additional Paid-in Capital | 45.68M | 45.71M | 45.95M | 45.96M | 47.08M | 46.57M | 46.04M | 45.87M | 100K | 100K | 100K | 100K | 100K | 100K |
| Retained Earnings | 103.96M | 101.8M | 91.77M | 100.39M | 96.62M | 89.63M | 78.07M | 72.15M | 66.19M | 61.83M | 57.69M | 55M | 54.14M | 53.22M |
| Accumulated OCI | -8.33M | -7.93M | -12.94M | -29.5M | -32.19M | -6.63M | -3.79M | -4.1M | -7.01M | -6.96M | -5.27M | -4.17M | -3.74M | -1.72M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Geographic and credit concentration
According to the provided financial data, Rhinebeck Bancorp's total assets have remained locked at $1.3 billion for ten consecutive quarters, suggesting that the institution is currently prioritizing balance sheet stability and capital preservation over aggressive expansion within its Hudson Valley and Capital Region footprint.
The lack of asset growth indicates a conservative management posture that may be limiting the bank's ability to scale its earnings power. Investors should monitor whether this stagnation is a deliberate choice to manage credit risk or a symptom of limited loan demand in the bank's core operating markets.
As reported in recent financial statements, the equity-to-assets ratio has hovered between 0.09 and 0.11 over the last ten quarters, which suggests that the bank maintains a stable, albeit potentially under-leveraged, capital position relative to its regional peers in the New York market.
The consistent equity-to-assets ratio implies that the bank is not aggressively deploying capital to drive growth, which may be a function of its mutual holding company structure. This capital cushion appears sufficient to absorb moderate credit shocks, though it may continue to weigh on the bank's overall return on equity.
Based on the reported figures, cash and cash equivalents fluctuated between $14.6 million and $36.0 million, representing a relatively thin liquidity buffer given the bank's $1.3 billion asset base and its reliance on localized, relationship-based deposit funding in the Hudson Valley.
The volatility in cash levels suggests that liquidity management is highly tactical and potentially reactive to loan demand or deposit outflows. A sustained period of low cash balances could leave the bank vulnerable to sudden funding stress, particularly if the indirect auto loan portfolio requires unexpected liquidity support.
As indicated by the balance sheet data, investment securities account for nearly the entirety of the $1.3 billion asset base, which suggests that the bank's earnings are disproportionately sensitive to interest rate movements and the duration risk inherent in its large bond portfolio.
This heavy concentration in securities rather than a diversified loan book may indicate that the bank is struggling to find high-quality, local lending opportunities that meet its underwriting standards. This structural imbalance warrants further investigation into the duration of the securities portfolio and the potential for unrealized losses to impact future capital adequacy.
Quick answers to the most common questions about buying RBKB stock.
As of 2025, Rhinebeck Bancorp, Inc. (RBKB) had total assets of $1.30B including $126.9M in current assets.
Rhinebeck Bancorp, Inc. (RBKB) carries total debt of $30.3M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Rhinebeck Bancorp, Inc. (RBKB) has total shareholders' equity (book value) of $136.9M ($12.49 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Rhinebeck Bancorp, Inc. (RBKB) reported a current ratio of 0.12x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.