Filing Overview
Rhinebeck Bancorp, Inc. filed a Form 8-K dated May 28, 2019, under Item 5.07 to report the results of its Annual Meeting of Stockholders held on that date. The company’s common stock trades on Nasdaq under the symbol RBKB. The filing identifies the company as an emerging growth company.
Meeting Results
Director Elections
| Nominee | For | Withhold | Broker Non-Votes |
|---|---|---|---|
| Freddimir Garcia | 8,669,141 | 179,274 | 1,580,883 |
| Suzanne Rhulen Loughlin | 8,790,881 | 57,534 | 1,580,883 |
| Louis Tumolo, Jr. | 8,785,318 | 63,097 | 1,580,883 |
All three nominees were elected to three-year terms or until their successors are elected and qualified.
Independent Auditor Ratification
| Vote | Shares |
|---|---|
| For | 10,183,684 |
| Against | 168,610 |
| Abstentions | 77,004 |
Stockholders ratified the appointment of Baker Tilly Virchow Krause, LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2019.
Financial Metrics and Material Changes
This filing does not report revenue, earnings, cash flow, margins, debt, liquidity, balance-sheet information, financial guidance, or operating results. It also does not disclose a prior-period comparison or material financial change.
Outlook, Risks, and Unusual Items
The filing contains no management outlook, guidance, risk update, contingency, or unusual financial item. The primary governance matters were the election of directors and auditor ratification.
Key Facts to Verify
- Confirm the three elected directors’ three-year terms and any subsequent changes in board composition.
- Confirm Baker Tilly’s appointment and any audit-related disclosures in later filings.
- Review the company’s periodic reports for financial performance, capital, liquidity, credit quality, and forward-looking commentary not included in this 8-K.