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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Interest income:    
Interest and fees on loans $ 27,090 $ 20,478
Interest on taxable securities 3,552 1,650
Interest on nontaxable securities 236 292
Interest on federal funds sold 10 17
Total interest income 30,888 22,437
Interest expense:    
Interest on deposits 6,209 3,511
Interest on subordinated debentures 709 710
Interest on other borrowings 2,602 930
Total interest expense 9,520 5,151
Net interest income 21,368 17,285
Provision for loan losses 1,742 1,225
Net interest income after provision for loan losses 19,626 16,060
Non-interest income:    
Service charges on deposit accounts 651 635
Mortgage brokerage income 4,046 2,724
Gain on sale of mortgages 10,387 4,541
Income from investment in life insurance contracts 936 200
Other income 2,776 2,023
Total other income 18,796 10,123
Non-interest expenses:    
Salaries and employee benefits 19,328 11,843
Occupancy and equipment expense 2,538 1,614
Data processing fees 1,902 1,111
Legal and other professional fees 1,778 413
Advertising fees 810 485
Debit card expenses 363 290
Communications 441 401
Audit and accounting fees 258 143
FDIC insurance expense 420 250
Director fees 231 190
Other contractual services 382 347
Other taxes and assessments 661 551
Other operating 3,733 2,826
Total other expenses 32,845 20,464
Income before income tax 5,577 5,720
Income tax expense 973 1,147
Net income 4,604 4,573
Net Income attributable to noncontrolling interest (24) (13)
Net Income attributable to Blue Ridge Bankshares, Inc. 4,580 4,560
Net Income available to common stockholders $ 4,580 $ 4,560
Basic earnings per common share $ 1.10 $ 1.64
Diluted earnings per common share $ 1.10 $ 1.64