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Business Segments | 12 Months Ended
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Dec. 31, 2019
Segment Reporting [Abstract] |
Business Segments | Note 22. Business Segments The Company utilizes its subsidiaries and divisions to provide multiple business segments including retail banking, mortgage banking, and payroll processing services. Revenues from retail banking operations consist primarily of interest earned on loans and investment securities and service charges on deposit accounts. Mortgage banking operating revenues consist principally of gains on sales of loans in the secondary market, loan origination fee income and interest earned on mortgage loans held for sale. Revenues from payroll processing services consist of fees charged to customers for payroll services.
Twelve Months Ended December 31, 2019
(Dollars in thousands) |  | Blue Ridge Bank |  | Blue Ridge Bank Mortgage Division |  | MoneyWise Payroll Solutions, Inc. |  | Parent Only |  | Eliminations |  | Blue Ridge Bankshares, Inc. Consolidated
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  | $ | 29,640 |  |  | $ | 1,243 |  |  | $ | — |  |  | $ | 5 |  |  | $ | — |  |  | $ | 30,888
Service charges on deposit accounts |  |  | 651 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 651
Mortgage banking income, net |  |  | — |  |  |  | 14,433 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 14,433
Payroll processing revenue |  |  | — |  |  |  | — |  |  |  | 980 |  |  |  | — |  |  |  | — |  |  |  | 980
Other operating income |  |  | 2,649 |  |  |  | — |  |  |  | — |  |  |  | 110 |  |  |  | (28) |  |  |  | 2,731
Total income |  |  | 32,940 |  |  |  | 15,676 |  |  |  | 980 |  |  |  | 115 |  |  |  | (28) |  |  |  | 49,683
Expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  | 8,132 |  |  |  | 679 |  |  |  | — |  |  |  | 709 |  |  |  | — |  |  |  | 9,520
Provision for loan losses |  |  | 1,742 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,742
Salary and benefits |  |  | 13,518 |  |  |  | 5,438 |  |  |  | 372 |  |  |  | — |  |  |  | — |  |  |  | 19,328
Other operating expenses |  |  | 2,558 |  |  |  | 8,959 |  |  |  | 457 |  |  |  | 1,570 |  |  |  | (28) |  |  |  | 13,516
Total expense |  |  | 25,950 |  |  |  | 15,076 |  |  |  | 829 |  |  |  | 2,279 |  |  |  | (28) |  |  |  | 44,106
Income (loss) before income taxes |  |  | 6,990 |  |  |  | 600 |  |  |  | 151 |  |  |  | (2,164) |  |  |  | — |  |  |  | 5,577
Income tax expense |  |  | 1,153 |  |  |  | 162 |  |  |  | 30 |  |  |  | (372) |  |  |  | — |  |  |  | 973
Net income (loss) |  | $ | 5,837 |  |  | $ | 438 |  |  | $ | 121 |  |  | $ | (1,792) |  |  | $ | — |  |  | $ | 4,604
Net (income) loss attributable to noncontrolling interest |  | $ | — |  |  | $ | — |  |  | $ | (24) |  |  | $ | — |  |  | $ | — |  |  | $ | (24)
Net income (loss) attributable to Blue Ridge Bankshares |  | $ | 5,837 |  |  | $ | 438 |  |  | $ | 97 |  |  | $ | (1,792) |  |  | $ | — |  |  | $ | 4,580
Twelve Months Ended December 31, 2018
(Dollars in thousands) |  | Blue Ridge Bank |  | Blue Ridge Bank Mortgage Division |  | MoneyWise Payroll Solutions, Inc. |  | Parent Only |  | Eliminations |  | Blue Ridge Bankshares, Inc. Consolidated
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  | $ | 21,909 |  |  | $ | 521 |  |  | $ | — |  |  | $ | 7 |  |  | $ | — |  |  | $ | 22,437
Service charges on deposit accounts |  |  | 635 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 635
Mortgage banking income, net |  |  | — |  |  |  | 7,265 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 7,265
Payroll processing revenue |  |  | — |  |  |  | — |  |  |  | 1,015 |  |  |  | — |  |  |  | — |  |  |  | 1,015
Other operating income |  |  | 1,233 |  |  |  | — |  |  |  | — |  |  |  | 4 |  |  |  | (28) |  |  |  | 1,209
Total income |  |  | 23,777 |  |  |  | 7,786 |  |  |  | 1,015 |  |  |  | 11 |  |  |  | (28) |  |  |  | 32,561
Expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  | 4,441 |  |  |  | — |  |  |  | — |  |  |  | 710 |  |  |  | — |  |  |  | 5,151
Provision for loan losses |  |  | 1,225 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,225
Salary and benefits |  |  | 6,153 |  |  |  | 5,284 |  |  |  | 406 |  |  |  | — |  |  |  | — |  |  |  | 11,843
Other operating expenses |  |  | 5,868 |  |  |  | 1,983 |  |  |  | 528 |  |  |  | 271 |  |  |  | (28) |  |  |  | 8,622
Total expense |  |  | 17,687 |  |  |  | 7,267 |  |  |  | 934 |  |  |  | 981 |  |  |  | (28) |  |  |  | 26,841
Income (loss) before income taxes |  |  | 6,090 |  |  |  | 519 |  |  |  | 81 |  |  |  | (970) |  |  |  | — |  |  |  | 5,720
Income tax expense |  |  | 1,222 |  |  |  | 115 |  |  |  | 14 |  |  |  | (204) |  |  |  | — |  |  |  | 1,147
Net income (loss) |  | $ | 4,868 |  |  | $ | 404 |  |  | $ | 67 |  |  | $ | (766) |  |  | $ | — |  |  | $ | 4,573
Net (income) loss attributable to noncontrolling interest |  | $ | — |  |  | $ | — |  |  | $ | (13) |  |  | $ | — |  |  | $ | — |  |  | $ | (13)
Net income (loss) attributable to Blue Ridge Bankshares |  | $ | 4,868 |  |  | $ | 404 |  |  | $ | 54 |  |  | $ | (766) |  |  | $ | — |  |  | $ | 4,560

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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