Every material Form 8-K Rhinebeck Bancorp, Inc. has filed with the SEC since August 18, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Rhinebeck Bancorp reported third-quarter 2026 net income of $3.2 million, or $0.21 per diluted share, up 17.0% from $2.7 million a year earlier. The gain was driven mainly by higher net interest income, partly offset by higher non-interest expense, and follows the July 21, 2026 second-step conversion that raised $88.8 million in gross proceeds.
Q3 2026 net income $3.2 million ($0.21 per diluted share) vs. $2.7 million ($0.18) in Q3 2025
Net interest income rose 8.1% to $13.0 million; net interest margin fell 14 basis points to 3.79%
Nine-month net income of $8.0 million, up 3.6% from the same period in 2025
Second-step conversion completed July 21, 2026; stockholders' equity rose to $220.8 million
Rhinebeck Bank notified employees with change in control agreements, including CFO Kevin Nihill, that the agreements will not renew and will expire on December 31, 2027. The bank says the decision reflects a broader change in corporate philosophy and not individual performance, and it plans to create a new change in control benefit arrangement to replace the agreements.
Notice of non-renewal provided on October 1, 2026 to each employee with a change in control agreement
Existing agreements, including the CFO's, expire on December 31, 2027
Bank intends to develop a new change in control benefit arrangement for affected employees
Rhinebeck Bancorp, Inc. appointed Suzanne Rhulen Loughlin to its Board of Directors effective immediately on August 18, 2026, and placed her on the Compensation Committee and the Governance and Nominating Committee. Loughlin previously served as a director of Rhinebeck Bank, the company's wholly-owned subsidiary, from 2011 until December 17, 2025, and is now returning to the board at the holding company level. The filing reports no financial results and describes a board appointment rather than a change in operations.
Suzanne Rhulen Loughlin appointed to the Board of Directors effective August 18, 2026
Appointed to the Compensation Committee and the Governance and Nominating Committee
Loughlin has been a director of Rhinebeck Bank, the wholly-owned subsidiary, since 2011, with a break from 2019 until December 17, 2025
Filing states no arrangements with other persons for her selection and no related-party disclosure under Item 404(a)
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Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Rhinebeck Bancorp, Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →