Rhinebeck Bancorp Inc. reported net income of $2.7 million for the third quarter of 2025, compared to a net loss of $8.1 million in the same quarter of 2024. For the first nine months of 2025, net income was $7.7 million, compared to a net loss of $6.0 million for the same period in 2024. Non-interest income for the third quarter of 2025 totaled $1.9 million, an increase of $11.9 million from the same period in 2024, which included a $12.0 million loss on the sale of investment securities. Excluding this loss, non-interest income decreased by $65,000 year over year, primarily due to a decrease in income related to life insurance proceeds, which was partially offset by increases in swap income, investment advisory income, and gain on sale of loans.