XML 29 R20.htm IDEA: XBRL DOCUMENT
v3.23.3

Earnings Per Share | 3 Months Ended
--- | ---
Mar. 31, 2023
Earnings Per Share [Abstract] |
Earnings Per Share | Note 13 – Earnings Per S hare (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 nu mber 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 months ended March 31, 2023 and 2022, stock options and PSAs for 1,643 and 0 shares of the Company’s common stock, respectively, were considered anti-dilutive and excluded from the computation of diluted EPS.
|  | For the three months ended March 31, |
|  | 2023 |  |  | 2022 |
(Dollars in thousands, except per share data) |  | (Restated) |  |  |  |
Weighted average common shares outstanding, basic |  |  | 18,856,515 |  |  |  | 18,772,258 |
Effect of dilutive securities |  |  | 3,506 |  |  |  | 17,087 |
Weighted average common shares outstanding, dilutive |  |  | 18,860,021 |  |  |  | 18,789,345 |
Net income: |  |  |  |  |  |
Net income from continuing operations |  | $ | 3,970 |  |  | $ | 17,420 |
Net income from discontinued operations |  |  | — |  |  |  | 337 |
Net income from discontinued operations attributable to noncontrolling interest |  |  | — |  |  |  | (1 | )
Net income attributable to Blue Ridge Bankshares, Inc. |  | $ | 3,970 |  |  | $ | 17,756 |
Basic earnings per share: |  |  |  |  |  |
Earnings per share from continuing operations |  | $ | 0.21 |  |  | $ | 0.93 |
Earnings per share from discontinued operations |  |  | — |  |  |  | 0.02 |
Earnings per share attributable to Blue Ridge Bankshares, Inc. |  | $ | 0.21 |  |  | $ | 0.95 |
Diluted earnings per share: |  |  |  |  |  |
Earnings per share from continuing operations |  | $ | 0.21 |  |  | $ | 0.93 |
Earnings per share from discontinued operations |  |  | — |  |  |  | 0.02 |
Earnings per share attributable to Blue Ridge Bankshares, Inc. |  | $ | 0.21 |  |  | $ | 0.95 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration