• Rhinebeck Bancorp’s third-quarter 2026 net income rose 17% year over year to $3.15 million, primarily due to higher net interest income.
• Quarterly net interest income climbed 8% year over year to $13.01 million, supported by higher interest-earning asset balances and lower funding costs.
• Quarterly net charge-offs dropped 78% year over year to $211,000, primarily due to lower commercial real estate loan charge-offs.
• Total deposits increased 13% from December 31, 2025, to $1.24 billion at September 30, 2026.
• The July 21 second-step conversion raised $88.8 million in gross proceeds; management plans commercial banking expansion and new digital banking capabilities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rhinebeck Bancorp Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202610291625ACCESSWRNAPR_____1243803) on October 29, 2026, and is solely responsible for the information contained therein.