XML 44 R34.htm IDEA: XBRL DOCUMENT v3.23.3
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted EPS For the three and nine months ended September 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 nine months ended September 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 nine months ended

 

(Dollars in thousands, except per share data)

 

September 30, 2023

 

 

September 30, 2022

 

 

September 30, 2023

 

 

September 30, 2022

 

Weighted average common shares outstanding, basic

 

 

19,014,883

 

 

 

18,849,246

 

 

 

18,907,921

 

 

 

18,796,297

 

Effect of dilutive securities

 

 

 

 

 

10,847

 

 

 

 

 

 

14,254

 

Weighted average common shares outstanding, dilutive

 

 

19,014,883

 

 

 

18,860,093

 

 

 

18,907,921

 

 

 

18,810,551

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income:

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income from continuing operations

 

 

(41,371

)

 

 

2,736

 

 

$

(46,014

)

 

$

21,273

 

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.

 

$

(41,371

)

 

$

2,736

 

 

$

(46,014

)

 

$

21,609

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic (loss) earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

(Loss) earnings per share from continuing operations

 

$

(2.18

)

 

$

0.15

 

 

$

(2.43

)

 

$

1.13

 

(Loss) earnings per share from discontinued operations

 

 

 

 

 

 

 

 

 

 

 

0.02

 

(Loss) earnings per share attributable to Blue Ridge Bankshares, Inc.

 

$

(2.18

)

 

$

0.15

 

 

$

(2.43

)

 

$

1.15