XML 37 R31.htm IDEA: XBRL DOCUMENT v3.24.3
Minimum Regulatory Capital Requirements (Tables)
 9 Months Ended
Sep. 30, 2024
Regulatory Matters [Abstract]  
Summary of Capital Requirements Administered by Banking Agencies Capital Ratios

The following tables present the capital ratios to which banks are subject to be adequately and well capitalized, as well as the capital and capital ratios for the Bank as of the dates stated. Adequately capitalized ratios include the conservation buffer, if applicable. The following table also includes the capital adequacy ratios to which bank holding companies are subject. On January 1, 2024, the Company became subject to these ratios. Also presented are the minimum capital ratios set forth in the Consent Order for the Bank and the related capital amounts for both the leverage ratio and the total capital ratio. The CECL Transitional Amount was $8.1 million, of which $4.1 million and $2.0 million reduced the regulatory capital amounts and capital ratios as of September 30, 2024 and December 31, 2023, respectively.

 

 

September 30, 2024

 

 

 

Actual

 

 

For Capital Adequacy Purposes

 

 

To Be Well Capitalized

 

 

Minimum Capital Ratios

 

(Dollars in thousands)

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

Total risk based capital (to risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Blue Ridge Bank, N.A.

 

$

367,736

 

 

 

16.64

%

 

$

232,080

 

 

 

10.50

%

 

$

221,028

 

 

 

10.00

%

 

$

287,337

 

 

 

13.00

%

Blue Ridge Bankshares, Inc.

 

$

427,441

 

 

 

19.26

%

 

$

177,546

 

 

 

8.00

%

 

n/a

 

 

n/a

 

 

n/a

 

 

n/a

 

Tier 1 capital (to risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Blue Ridge Bank, N.A.

 

$

346,545

 

 

 

15.68

%

 

$

187,875

 

 

 

8.50

%

 

$

176,823

 

 

 

8.00

%

 

n/a

 

 

n/a

 

Blue Ridge Bankshares, Inc.

 

$

345,839

 

 

 

15.58

%

 

$

133,186

 

 

 

6.00

%

 

n/a

 

 

n/a

 

 

n/a

 

 

n/a

 

Common equity tier 1 capital (to risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Blue Ridge Bank, N.A.

 

$

346,545

 

 

 

15.68

%

 

$

154,720

 

 

 

7.00

%

 

$

143,669

 

 

 

6.50

%

 

n/a

 

 

n/a

 

Blue Ridge Bankshares, Inc.

 

$

345,839

 

 

 

15.58

%

 

$

99,889

 

 

 

4.50

%

 

n/a

 

 

n/a

 

 

n/a

 

 

n/a

 

Tier 1 leverage (to average assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Blue Ridge Bank, N.A.

 

$

346,545

 

 

 

11.56

%

 

$

119,912

 

 

 

4.00

%

 

$

149,890

 

 

 

5.00

%

 

$

299,779

 

 

 

10.00

%

Blue Ridge Bankshares, Inc.

 

$

345,839

 

 

 

11.46

%

 

$

120,712

 

 

 

4.00

%

 

n/a

 

 

n/a

 

 

n/a

 

 

n/a

 

 

 

 

December 31, 2023

 

 

 

Actual

 

 

For Capital Adequacy Purposes

 

 

To Be Well Capitalized

 

 

Minimum Capital Ratios

 

(Dollars in thousands)

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

Total risk based capital (to risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Blue Ridge Bank, N.A.

 

$

270,293

 

 

 

10.25

%

 

$

276,842

 

 

 

10.50

%

 

$

263,659

 

 

 

10.00

%

 

$

342,757

 

 

 

13.00

%

Tier 1 capital (to risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Blue Ridge Bank, N.A.

 

$

239,775

 

 

 

9.09

%

 

$

224,111

 

 

 

8.50

%

 

$

210,928

 

 

 

8.00

%

 

n/a

 

 

n/a

 

Common equity tier 1 capital (to risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Blue Ridge Bank, N.A.

 

$

239,775

 

 

 

9.09

%

 

$

184,562

 

 

 

7.00

%

 

$

171,379

 

 

 

6.50

%

 

n/a

 

 

n/a

 

Tier 1 leverage (to average assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Blue Ridge Bank, N.A.

 

$

239,775

 

 

 

7.49

%

 

$

128,001

 

 

 

4.00

%

 

$

160,001

 

 

 

5.00

%

 

$

320,003

 

 

 

10.00

%