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Parent Company Only Financial Statements | 12 Months Ended
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Dec. 31, 2019
Statement Of Financial Position [Abstract] |
Parent Company Only Financial Statements | Note 24. Parent Company Only Financial Statements The Blue Ridge Bankshares, Inc. (Parent Company only) condensed financial statements are as follows: PARENT COMPANY ONLY CONDENSED STATEMENTS OF FINANCIAL CONDITION December 31, 2019 and 2018 (in thousands)
Assets |  | 2019 |  | 2018
Cash and cash equivalents |  | $ | 934 |  |  | $ | 27 |
Investment in subsidiary |  |  | 100,330 |  |  |  | 48,688 |
Other investments |  |  | 911 |  |  |  | 670 |
Income tax receivable |  |  | 306 |  |  |  | — |
Other assets |  |  | 30 |  |  |  | 58 |
Total Assets |  | $ | 102,511 |  |  | $ | 49,443 |
Liabilities |  |  |  |  |  |  |  |
Accrued expenses |  | $ | 374 |  |  | $ | 56 |
Subordinated debt, net of issuance costs |  |  | 9,800 |  |  |  | 9,767 |
Total Liabilities |  |  | 10,174 |  |  |  | 9,823 |
Stockholders’ Equity |  | $ | 92,337 |  |  | $ | 39,620 |
Total Liabilities and Equity |  | $ | 102,511 |  |  | $ | 49,443 |
PARENT COMPANY ONLY CONDENSED STATEMENTS OF INCOME For the Years ended December 31, 2019 and 2018 (in thousands)
Income |  | 2019 |  | 2018
Dividends from subsidiary |  | $ | — |  |  | $ | 1,990 |
Interest income |  |  | 5 |  |  |  | 7 |
Gains on securities |  |  | 110 |  |  |  | 4 |
Total Income |  | $ | 115 |  |  | $ | 2,001 |
Expenses |  |  |  |  |  |  |  |
Interest on subordinated notes |  | $ | 709 |  |  | $ | 710 |
Professional fees |  |  | 294 |  |  |  | 197 |
Merger expenses |  |  | 1,250 |  |  |  | — |
Other operating expenses |  |  | 27 |  |  |  | 74 |
Total expenses |  | $ | 2,280 |  |  | $ | 981 |
Net income (loss) before income tax benefit and equity in undistributed earnings of subsidiary |  | $ | (2,165 | ) |  | $ | 1,020 |
Income tax benefit |  | $ | (372 | ) |  | $ | (204 | )
Equity in undistributed earnings of subsidiary |  | $ | 6,397 |  |  | $ | 3,349 |
Net income |  | $ | 4,604 |  |  | $ | 4,573 |
PARENT COMPANY ONLY CONDENSED STATEMENTS OF CASH FLOWS For the Years ended December 31, 2019 and 2018 (in thousands)
Cash flows From Operating Activities |  | 2019 |  | 2018
Net income |  | $ | 4,604 |  |  | $ | 4,573 |
Equity in undistributed earnings of subsidiary |  |  | (6,397 | ) |  |  | (3,349 | )
Deferred income tax (benefit) expense |  |  | (19 | ) |  |  | 7 |
Amortization of subordinated debt issuance costs |  |  | 33 |  |  |  | 34 |
Realized gains on securities sales |  |  | 110 |  |  |  | (4 | )
Release of unearned ESOP shares |  |  | — |  |  |  | 199 |
Change in other assets and liabilities |  |  | (206 | ) |  |  | (53 | )
Net cash (used in) provided by operating activities |  |  | (1,875 | ) |  |  | 1,407 |
Cash flows From Investing Activities |  |  |  |  |  |  |  |
Purchases of securities available-for-sale |  |  | (161 | ) |  |  | (25 | )
Proceeds from sales of securities available for sale |  |  | 66 |  |  |  | 113 |
Cash contributed to banking subsidiary |  |  | (17,000 | ) |  |  | — |
Net cash (used in) provided by investing activities |  |  | (17,095 | ) |  |  | 88 |
Cash flows From Financing Activities |  |  |  |  |  |  |  |
Common stock issuance |  |  | 22,350 |  |  |  | 128 |
Dividends paid in cash |  |  | (2,473 | ) |  |  | (1,501 | )
Repayment of contingent ESOP liability |  |  | — |  |  |  | (151 | )
Net cash provided by financing activities |  |  | 19,877 |  |  |  | (1,524 | )
Net increase (decrease) in cash and cash equivalents |  |  | 907 |  |  |  | (29 | )
Cash and cash equivalents, beginning of year |  |  | 27 |  |  |  | 56 |
Cash and cash equivalents, end of year |  | $ | 934 |  |  | $ | 27 |

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 Reference 2: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=108774443&loc=d3e5283-111683 + Details
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