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Stock-Based Compensation | 9 Months Ended
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Sep. 30, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] |
Stock-Based Compensation | Note 9 – Stock-Based Compensation The Company has granted restricted stock awards to employees under the Blue Ridge Bankshares, Inc. Equity Incentive Plan. The restricted stock awards are considered fixed awards as the number of shares and fair value is known at the date of grant and the fair value at the grant date is amortized over the vesting period. Non-cash compensation expense recognized in the Consolidated Statements of Income related to restricted stock awards, net of forfeitures, was $203 thousand and $41 thousand for the three months ended September 30, 2020 and 2019, respectively, and $352 thousand and $160 thousand for the nine months ended September 30, 2020 and 2019, respectively. The grant date fair value of restricted stock awards outstanding at September 30, 2020 and December 31, 2019 was $1.1 million and $1.3 million, respectively.

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