Rhinebeck Bancorp, Inc. reported its financial results for the first quarter ending March 31, 2025. The company's interest and dividend income rose to $16.638 million from $15.551 million in the same quarter of the previous year. Net interest income increased to $11.037 million, compared to $8.812 million last year. The company also recorded a significant increase in net income, reaching $2.288 million, up from $1.121 million in the previous year. Earnings per share improved to $0.21, compared to $0.10 in the first quarter of 2024. Total non-interest expense for the quarter was $9.508 million, up from $8.877 million in the previous year. The provision for credit losses also increased to $353,000 from $83,000 in the prior year. Rhinebeck Bancorp continues to navigate various challenges, including changes in monetary and fiscal policies, political developments, and potential operational disruptions from catastrophic events or cyberattacks. The company has not revised its forward-looking statements or provided updates on future events or circumstances.