Rhinebeck bancorp, inc. (RBKB)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Dec'17
Assets
Cash and due from banks

21,796

11,978

18,356

11,969

15,439

50,590

12,596

10,460

Available for sale securities (at fair value)

115,134

114,832

115,705

111,398

109,395

101,312

102,387

113,302

Held to maturity securities (fair value of $0 and $1,928, respectively)

-

-

-

-

-

-

-

1,914

Loans receivable (net of allowance for loan losses of $6,620 and $5,954, respectively)

810,361

793,471

758,999

737,293

706,882

678,402

652,053

566,178

Federal Home Loan Bank stock

4,035

3,435

2,608

3,355

3,919

1,883

2,874

1,108

Accrued interest receivable

3,102

2,903

2,793

2,874

2,782

2,523

2,418

2,149

Cash surrender value of life insurance

18,554

18,457

18,359

18,218

18,118

18,018

17,918

17,577

Deferred tax assets (net of valuation allowance of $1,247 and $1,202, respectively)

1,541

2,255

-

-

-

2,934

-

-

Deferred tax assets (net of valuation allowance of $1,210 and $1,085, respectively)

-

-

2,340

2,488

2,776

-

3,332

3,021

Premises and equipment, net

18,504

18,338

18,571

16,846

16,955

17,040

16,593

17,025

Other real estate owned

1,382

1,417

1,505

1,578

1,633

1,685

-

2,233

Other real estate owned

-

-

-

-

-

-

1,739

-

Goodwill

1,410

1,410

1,410

1,410

1,410

1,410

1,410

1,505

Intangible assets, net

230

241

252

262

273

284

294

326

Other assets

11,217

5,209

5,129

5,393

5,181

6,342

6,093

5,305

Total assets

1,007,266

973,946

946,027

913,084

884,763

882,423

819,707

742,103

Liabilities and Stockholders' Equity
Liabilities
Deposits
Noninterest bearing

174,958

179,236

179,924

152,705

159,626

171,829

185,222

157,828

Interest bearing

609,697

594,107

590,061

564,153

524,398

512,589

506,496

492,277

Total deposits

784,655

773,343

769,985

716,858

684,024

684,418

691,718

650,105

Mortgagors’ escrow accounts

7,063

8,106

3,693

10,400

6,311

7,725

-

7,284

Mortgagors' escrow accounts

-

-

-

-

-

-

3,521

-

Advances from the Federal Home Loan Bank

79,645

66,304

47,936

64,541

76,845

31,598

53,621

14,900

Subordinated debt

5,155

5,155

5,155

5,155

5,155

5,155

5,155

5,155

Other borrowings

-

-

-

-

-

5,000

-

-

Subscription offering proceeds

-

-

-

-

-

79,142

-

-

Accrued expenses and other liabilities

16,851

11,156

11,003

10,573

9,643

10,108

8,679

9,682

Total liabilities

893,369

864,064

837,772

807,527

781,978

823,146

762,694

687,126

Stockholders' Equity
Common stock (par value $0.01 per share; 25,000,000 authorized, 11,133,290 issued and outstanding)

111

111

111

111

111

-

0

0

Additional paid-in capital

45,869

45,869

45,865

-

-

100

-

-

Additional paid-in capital

-

-

-

45,844

-21

-

100

100

Unearned common stock held by the employee stock ownership plan ("ESOP")

4,091

4,146

4,200

4,364

4,364

-

-

-

Retained earnings

73,227

72,152

70,412

68,321

112,975

66,189

64,991

61,832

Accumulated other comprehensive loss:
Net unrealized gain (loss) on available for sale securities, net of taxes

2,412

-195

363

-12

-1,535

-2,576

-4,244

-2,322

Defined benefit pension plan, net of taxes

3,631

3,909

4,296

4,343

4,381

4,436

3,834

4,633

Total accumulated other comprehensive loss

-1,219

-4,104

-3,933

-4,355

-5,916

-7,012

-8,078

-6,955

Total stockholders' equity

113,897

109,882

108,255

105,557

102,785

59,277

57,013

54,977

Total liabilities and stockholders' equity

1,007,266

973,946

946,027

913,084

884,763

882,423

819,707

742,103