Regulatory Matters

3 Months Ended

Mar. 31, 2026

Regulatory Matters

Regulatory Matters

10.  Regulatory Matters

The Bank is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities and certain off-balance-sheet items, as calculated under regulatory accounting practices. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors.

Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the tables below) of total, common equity Tier 1 and additional Tier I capital (as defined in 12 C.F.R. § 324.20) to risk-weighted assets and of Tier I capital to average assets. Management believes, as of March 31, 2026 and December 31, 2025, that the Bank met all capital adequacy requirements to which it was subject.

The most recent notification from the FDIC categorized the Bank as “well capitalized” under the regulatory framework. To be categorized as well capitalized, the Bank must maintain minimum total risk-based, common equity Tier 1, Tier I risk-based and Tier I leverage ratios as set forth in the table below. There are no conditions or events since then which management believes have changed the Bank’s category.

The Bank’s actual capital amounts and ratios were:

									To be Well Capitalized under
					For Capital Adequacy				Prompt Corrective Action
	Actual				Purposes				Provisions
	Amount		Ratio		Amount		Ratio		Amount		Ratio
	March 31, 2026
Rhinebeck Bank
Total capital (to risk-weighted assets)	$	149,998	14.95	%	$	80,259	8.00	%	$	100,324	10.00	%
Tier 1 capital (to risk-weighted assets)		141,969	14.15	%		60,194	6.00	%		80,259	8.00	%
Common equity tier one capital (to risk weighted assets)		141,969	14.15	%		45,146	4.50	%		65,210	6.50	%
Tier 1 capital (to average assets)		141,969	10.94	%		51,907	4.00	%		64,883	5.00	%

	December 31, 2025
Rhinebeck Bank
Total capital (to risk-weighted assets)	$	147,671	14.40	%	$	82,039	8.00	%	$	102,549	10.00	%
Tier 1 capital (to risk-weighted assets)		139,166	13.57	%		61,529	6.00	%		82,039	8.00	%
Common equity tier one capital (to risk weighted assets)		139,166	13.57	%		46,147	4.50	%		66,657	6.50	%
Tier 1 capital (to average assets)		139,166	10.62	%		52,423	4.00	%		65,529	5.00	%