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Minimum Regulatory Capital Requirements (Tables)
 12 Months Ended
Dec. 31, 2022
Regulatory Matters [Abstract]  
Summary of Capital Requirements Administered by Banking Agencies Capital Ratios

The following tables present capital ratios for the Bank as of the periods stated. Adequately capitalized ratios include the conservation buffer.

 

 

 

December 31, 2022 (Restated)

 

 

 

Actual

 

 

For Capital Adequacy Purposes

 

 

To Be Well Capitalized

 

(Dollars in thousands)

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

Total risk based capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(To risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Blue Ridge Bank, N.A.

 

$

301,097

 

 

 

10.93

%

 

$

289,246

 

 

 

10.50

%

 

$

275,473

 

 

 

10.00

%

Tier 1 capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(To risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Blue Ridge Bank, N.A.

 

$

268,545

 

 

 

9.75

%

 

$

234,152

 

 

 

8.50

%

 

$

220,379

 

 

 

8.00

%

Common equity tier 1 capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(To risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Blue Ridge Bank, N.A.

 

$

268,545

 

 

 

9.75

%

 

$

192,831

 

 

 

7.00

%

 

$

179,058

 

 

 

6.50

%

Tier 1 leverage

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(To average assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Blue Ridge Bank, N.A.

 

$

268,545

 

 

 

8.90

%

 

$

120,644

 

 

 

4.00

%

 

$

150,805

 

 

 

5.00

%

 

 

 

December 31, 2021

 

 

 

Actual

 

 

For Capital Adequacy Purposes

 

 

To Be Well Capitalized

 

(Dollars in thousands)

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

Total risk based capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(To risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Blue Ridge Bank, N.A.

 

$

273,978

 

 

 

13.11

%

 

$

219,393

 

 

 

10.50

%

 

$

208,946

 

 

 

10.00

%

Tier 1 capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(To risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Blue Ridge Bank, N.A.

 

$

260,896

 

 

 

12.49

%

 

$

177,604

 

 

 

8.50

%

 

$

167,157

 

 

 

8.00

%

Common equity tier 1 capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(To risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Blue Ridge Bank, N.A.

 

$

260,896

 

 

 

12.49

%

 

$

146,262

 

 

 

7.00

%

 

$

135,815

 

 

 

6.50

%

Tier 1 leverage

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(To average assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Blue Ridge Bank, N.A.

 

$

260,896

 

 

 

10.05

%

 

$

103,883

 

 

 

4.00

%

 

$

129,853

 

 

 

5.00

%