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Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
INTEREST INCOME        
Interest and fees on loans $ 38,551 $ 30,206 $ 114,009 $ 77,892
Interest on securities, deposit accounts, and federal funds sold 3,934 2,940 11,826 7,299
Total interest income 42,485 33,146 125,835 85,191
INTEREST EXPENSE        
Interest on deposits 16,115 3,032 42,070 6,129
Interest on subordinated notes 566 570 1,666 1,668
Interest on FHLB and FRB borrowings 3,612 867 10,821 959
Total interest expense 20,293 4,469 54,557 8,756
Net interest income 22,192 28,677 71,278 76,435
Provision for loan losses 11,600 3,900 21,103 13,894
Benefit for credit losses - unfunded commitments (550) 0 (1,550) 0
Total provision for credit losses 11,050 3,900 19,553 13,894
Net interest income after provision for credit losses 11,142 24,777 51,725 62,541
NONINTEREST INCOME        
Fair value adjustments of other equity investments 55 (50) (277) 9,228
Residential mortgage banking income, including MSRs 3,811 3,167 9,409 18,686
Gain on sale of guaranteed government loans 6 1,565 4,799 4,530
Wealth and trust management 462 513 1,356 1,318
Service charges on deposit accounts 365 354 1,057 996
Increase in cash surrender value of bank owned life insurance 311 398 885 946
Bank and purchase card, net 357 353 1,257 1,374
Loss on sale of securities available for sale (649) 0 (649) 0
Other 2,697 1,668 6,597 5,174
Total noninterest income 7,415 7,968 24,434 42,252
NONINTEREST EXPENSE        
Salaries and employee benefits 14,640 14,174 44,447 44,143
Occupancy and equipment 1,475 1,422 4,957 4,407
Data processing 1,710 1,332 4,187 3,152
Legal, issuer, and regulatory filing 912 804 4,899 1,704
Advertising and marketing 350 302 973 1,142
Communications 1,181 932 3,483 2,761
Audit and accounting fees 791 308 1,440 828
FDIC insurance 1,322 460 3,297 797
Intangible amortization 308 377 998 1,160
Other contractual services 1,492 703 5,649 1,803
Other taxes and assessments 802 711 2,407 1,952
Regulatory remediation 3,782 4,025 7,304 4,558
Merger-related 0 0 0 50
Goodwill impairment 26,826 0 26,826 0
ESOP litigation 6,000 6,000
Other 3,030 3,658 10,653 8,767
Total noninterest expense 64,621 29,208 127,520 77,224
(Loss) income from continuing operations before income tax expense (46,064) 3,537 (51,361) 27,569
Income tax (benefit) expense (4,693) 801 (5,347) 6,296
Net (loss) income from continuing operations (41,371) 2,736 (46,014) 21,273
Income from discontinued operations before income taxes 0 0 0 426
Income tax expense 0 0 0 89
Net income from discontinued operations 0 0 0 337
Net (loss) income (41,371) 2,736 (46,014) 21,610
Net Income from discontinued operations attributable to noncontrolling interest 0 0 0 (1)
Net (loss) income attributable to Blue Ridge Bankshares, Inc (41,371) 2,736 (46,014) 21,609
Net (loss) income available to common stockholders $ (41,371) $ 2,736 $ (46,014) $ 21,609
Basic (loss) earnings per share from continuing operations $ (2.18) $ 0.15 $ (2.43) $ 1.13
Diluted (loss) earnings per share from continuing operations (2.18) 0.15 (2.43) 1.13
Basic earnings per share from discontinued operations 0 0 0 0.02
Diluted earnings per share from discontinued operations 0 0 0 0.02
Basic (loss) earnings per share attributable to Blue Ridge Bankshares, Inc. (2.18) 0.15 (2.43) 1.15
Diluted (loss) earnings per share attributable to Blue Ridge Bankshares, Inc. $ (2.18) $ 0.15 $ (2.43) $ 1.15