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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 98,305 $ 130,548 [1]
Federal funds sold 10,581 43,903 [1]
Securities available for sale, at fair value 359,516 373,532 [1]
Restricted equity investments 13,639 8,334 [1]
Other equity investments 23,570 14,184 [1]
Other investments 17,468 12,681 [1]
Loans held for sale 25,800 121,943 [1]
Paycheck Protection Program loans, net of deferred fees and costs 13,148 30,406 [1]
Loans held for investment, net of deferred fees and costs 2,158,342 1,777,172 [1]
Less allowance for loan losses (20,534) (12,121) [1]
Loans held for investment, net 2,137,808 1,765,051 [1]
Accrued interest receivable 9,577 9,573 [1]
Other real estate owned 195 157 [1]
Premises and equipment, net 23,838 26,624 [1]
Right-of-use asset 6,323 6,317 [1]
Bank owned life insurance 47,095 46,545 [1]
Goodwill 26,826 26,826 [1]
Other intangible assets 7,016 7,594 [1]
Mortgage derivative asset 1,045 1,876 [1]
Mortgage servicing rights, net 29,861 16,469 [1]
Mortgage brokerage receivable 0 4,064 [1]
Deferred tax asset, net 10,912 150 [1]
Other assets 17,049 17,061 [1]
Assets of discontinued operations 0 1,301 [1]
Total assets 2,879,572 2,665,139 [1]
Deposits:    
Noninterest-bearing demand 787,514 685,801 [1]
Interest-bearing demand and money market deposits 1,097,585 962,092 [1]
Savings 152,225 150,376 [1]
Time deposits 372,162 499,502 [1]
Total deposits 2,409,486 2,297,771 [1]
FHLB borrowings 150,100 10,111 [1]
FRB borrowings 55 17,901 [1]
Subordinated notes, net 39,937 39,986 [1]
Lease liability 7,344 7,651 [1]
Other liabilities 22,148 14,543 [1]
Liabilities of discontinued operations 0 37 [1]
Total liabilities 2,629,070 2,388,000 [1]
Commitments and contingencies (Note 12)
Stockholders’ Equity:    
Common stock, no par value; 50,000,000 and 25,000,000 shares authorized at September 30, 2022 and December 31, 2021, respectively; 18,946268 and 18,774,082 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 195,351 194,309 [1]
Additional paid-in capital 252 252 [1]
Retained earnings 104,279 85,982 [1]
Accumulated other comprehensive loss, net of tax (49,380) (3,632) [1]
Total Blue Ridge Bankshares, Inc. stockholders' equity before noncontrolling interest 250,502 276,911 [1]
Noncontrolling interest of discontinued operations 0 228 [1]
Total stockholders’ equity 250,502 277,139 [1]
Total liabilities and stockholders’ equity $ 2,879,572 $ 2,665,139 [1]
[1] Derived from audited December 31, 2021 Consolidated Financial Statements.