Add ¼ cup water to 4 quart saucepan over medium heat. Add first 10 ingredients to pot. Bring bean mixture to a boil. Reduce heat to medium-low and simmer until flavors come together, about 10 minutes. Discard bay leaf; season beans with Adobo.
Divide beans evenly among serving plates. Divide cooked rice evenly among plates alongside beans.
Leftovers? No problem! Cooked bean dishes, like this one, are great candidates for freezing. The hearty legumes tend to retain their taste, texture and color for up to 3 months in the freezer. Just place the cooled beans in an air-tight container, freeze, and you’ll have a delicious homemade side on call!