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Income Statement
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Rhinebeck Bancorp, Inc. (RBKB)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21
   10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q
Interest and Dividend Income          
Interest and fees on loans  50.347.744.442.941.940.841.441.9
Interest and dividends on securities  4.34.03.83.53.12.72.21.9
Other income  0.80.50.30.20.10.10.10.1
    Total interest and dividend income  55.452.248.646.645.143.643.743.9
   
Interest Expense          
Interest expense on deposits  12.38.85.63.63.23.33.64.1
Interest expense on borrowings  3.11.81.10.50.50.60.70.8
    Total interest expense  15.410.66.84.13.63.94.34.9
    Net interest income  40.041.641.842.541.539.739.439.0
Provision for (reversal of) credit losses  1.42.21.4-0.4-1.9-3.4-3.7-0.7
Provision for (reversal of) credit losses  1.42.21.4-0.4-1.9-3.4-3.7-0.7
    Net interest income after provision for (reversal of) credit losses  38.639.440.442.943.443.143.139.8
   
Non-interest Income          
Service charges on deposit accounts  44.044.946.349.249.950.050.548.4
            Service charges on deposit accounts growth  -11.8%-10.1%-8.3%1.7%11.9%22.1%34.5%36.9%
Net gain on sales of loans  0.20.50.91.21.61.92.63.6
Increase in cash surrender value of life insurance  0.60.60.60.60.60.60.60.5
Gain on disposal of premises and equipment  0.00.00.0     
Investment advisory income  1.11.21.21.31.31.31.11.2
Other  0.60.60.50.50.40.40.30.3
    Total non-interest income  5.45.65.96.36.56.97.48.6
   
Non-interest Expense          
Salaries and employee benefits  20.821.321.621.821.621.020.119.2
Occupancy  4.54.64.64.54.44.34.14.0
Data processing  1.91.91.91.91.91.81.71.6
Professional fees  1.91.71.71.81.81.81.82.0
Marketing  0.60.70.70.80.80.70.70.5
FDIC deposit insurance and other insurance  1.10.90.80.80.80.80.80.7
Amortization of intangible assets  0.10.10.10.10.10.10.10.1
Other  6.56.36.05.85.96.16.16.3
    Total non-interest expense  37.337.537.437.437.336.735.534.5
    Income before income taxes  6.77.48.911.812.613.415.013.9
Provision for income taxes  1.61.71.92.62.93.13.42.9
    Net income  5.15.77.09.29.810.311.610.9
   
Earnings per common share:          
Basic  $0.47$0.53$0.65$0.84$0.90$0.95$1.07$1.02
Diluted  $0.47$0.52$0.64$0.83$0.89$0.94$1.06$1.01
   
Weighted average shares outstanding, basic  10.810.810.810.810.810.810.810.7
Weighted average shares outstanding, diluted  11.011.011.011.011.011.010.910.9

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