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Earnings Per Share | 6 Months Ended
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Jun. 30, 2023
Earnings Per Share [Abstract] |
Earnings Per Share | Note 13 – Earnings Per Share (Restated) This note has been restated to reflect the changes described in the Explanatory Note and in the Restatement section of Note 1 of this Form 10-Q/A. The following table shows the calculation of basic and diluted earnings per share ("EPS") and the weighted average number of shares outstanding used in computing EPS and the effect on the weighted average number of shares outstanding of dilutive potential common stock for the periods stated. Basic EPS amounts are computed by dividing net income (the numerator) by the weighted average number of common shares outstanding (the denominator). Diluted EPS amounts assume the conversion, exercise, or issuance of all potential common stock instruments, unless the effect would be to reduce the loss or increase earnings per common share. Potential dilutive common stock instruments include exercisable stock options and PSAs. For the three and six months ended June 30, 2023, all outstanding stock options and PSAs of the Company’s common stock were considered anti-dilutive and excluded from the computation of diluted EPS, due to the net loss in the same respective periods. For the three and six months ended June 30, 2022, no stock options for the Company's common stock were considered anti-dilutive and excluded from the computation of diluted EPS, and there were no outstanding PSAs during these periods.
|  | For the three months ended |  |  | For the six months ended |
|  | June 30, 2023 |  |  | June 30, 2022 |  |  | June 30, 2023 |  |  | June 30, 2022 |
(Dollars in thousands, except per share data) |  | (Restated) |  |  |  |  |  | (Restated) |  |  |  |
Weighted average common shares outstanding, basic |  |  | 18,850,625 |  |  |  | 18,766,542 |  |  |  | 18,853,553 |  |  |  | 18,769,384 |
Effect of dilutive securities |  |  | — |  |  |  | 11,666 |  |  |  | — |  |  |  | 14,502 |
Weighted average common shares outstanding, dilutive |  |  | 18,850,625 |  |  |  | 18,778,208 |  |  |  | 18,853,553 |  |  |  | 18,783,886 |
Net (loss) income: |  |  |  |  |  |  |  |  |  |  |  |
Net (loss) income from continuing operations |  |  | (8,613 | ) |  | $ | 1,118 |  |  | $ | (4,643 | ) |  | $ | 18,538 |
Net income from discontinued operations |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 337 |
Net income from discontinued operations attributable to noncontrolling interest |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (1 | )
Net (loss) income attributable to Blue Ridge Bankshares, Inc. |  | $ | (8,613 | ) |  | $ | 1,118 |  |  | $ | (4,643 | ) |  | $ | 18,874 |
Basic and diluted (loss) earnings per share: |  |  |  |  |  |  |  |  |  |  |  |
(Loss) earnings per share from continuing operations |  | $ | (0.45 | ) |  | $ | 0.06 |  |  | $ | (0.25 | ) |  | $ | 0.99 |
(Loss) earnings per share from discontinued operations |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 0.02 |
(Loss) earnings per share attributable to Blue Ridge Bankshares, Inc. |  | $ | (0.45 | ) |  | $ | 0.06 |  |  | $ | (0.25 | ) |  | $ | 1.01 |

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