Rhinebeck Bancorp, Inc. operates as a bank holding company. It operates through the following segments: Commercial Real Estate, Residential Real Estate, Commercial and Industrial and Consumer. The Commercial Real Estate loans segment is separated into the three classes: construction, non-residential and multi-family, Non-residential and multi-family loans include long-term loans financing commercial properties and include both owner and non-owner occupied properties. Construction loans, which include land loans, are comprised mostly of non-owner occupied projects, whereby the property is generally under development and tends to have more risk than the owner occupied loans. The Residential Real Estate loans are secured by the borrower's residential real estate generally in a first lien position. The Commercial and Industrial loans segment consists of loans made for purposes of financing the activities of commercial customers. The Consumer loans are classified into the following three classes: indirect automobile loans, home equity loans and other consumer loans. The firm also engages in the provision of financial services. It offers mobile banking, savings and money markets, lendi
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