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Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Summary of Segment Reporting Information by Segment

Information about reportable segments, and reconciliation of such information to the consolidated financial statements follows, as of the dates and periods stated.

		As of and for the three months ended September 30, 2025
(Dollars in thousands)		Commercial Banking				Mortgage Banking				Parent Only				Eliminations				Blue Ridge Bankshares, Inc. Consolidated
NET INTEREST INCOME
Interest income		$	36,203			$	10			$	—			$	—			$	36,213
Interest expense			13,964				—				338				—				14,302
Net interest income			22,239				10				(338	)			—				21,911
Recovery of credit losses			(1,800	)			—				—				—				(1,800	)
Net interest income after recovery of credit losses			24,039				10				(338	)			—				23,711
NONINTEREST INCOME
Fair value adjustments of other equity investments			—				—				163				—				163
Residential mortgage banking income			—				5				—				—				5
MSRs			—				(48	)			—				—				(48	)
Income on sale of MSRs			—				737				—				—				737
Other			3,075				—				—				(99	)			2,976
Total noninterest income			3,075				694				163				(99	)			3,833
NONINTEREST EXPENSE
Salaries and employee benefits			11,325				63				—				—				11,388
Occupancy and equipment			1,179				11				—				—				1,190
Technology and communication			2,147				167				—				—				2,314
Other			5,121				71				56				(99	)			5,149
Total noninterest expense			19,772				312				56				(99	)			20,041
Income (loss) before income tax expense			7,342				392				(231	)			—				7,503
Income tax expense (benefit)			1,949				—				(49	)			—				1,900
Net income (loss)		$	5,393			$	392			$	(182	)		$	—			$	5,603
Total assets		$	2,475,826			$	947			$	371,288			$	(351,112	)		$	2,496,949

		As of and for the three months ended September 30, 2024
(Dollars in thousands)		Commercial Banking				Mortgage Banking				Parent Only				Eliminations				Blue Ridge Bankshares, Inc. Consolidated
NET INTEREST INCOME
Interest income		$	38,803			$	422			$	—			$	—			$	39,225
Interest expense			19,385				174				565				—				20,124
Net interest income			19,418				248				(565	)			—				19,101
Recovery of credit losses			(6,200	)			—				—				—				(6,200	)
Net interest income after recovery of credit losses			25,618				248				(565	)			—				25,301
NONINTEREST INCOME
Fair value adjustments of other equity investments			—				—				160				—				160
Residential mortgage banking income			—				2,746				—				—				2,746
MSRs			—				(2,915	)			—				—				(2,915	)
Loss on sale of MSRs			—				(1,011	)			—				—				(1,011	)
Other			3,812				—				2				(96	)			3,718
Total noninterest income			3,812				(1,180	)			162				(96	)			2,698
NONINTEREST EXPENSE
Salaries and employee benefits			12,554				1,365				19				—				13,938
Occupancy and equipment			1,286				108				—				—				1,394
Technology and communication			2,457				310				—				—				2,767
Regulatory remediation			357				—				—				—				357
Other			6,953				722				419				(96	)			7,998
Total noninterest expense			23,607				2,505				438				(96	)			26,454
Income (loss) before income tax expense			5,823				(3,437	)			(841	)			—				1,545
Income tax expense (benefit)			1,523				(751	)			(173	)			—				599
Net income (loss)		$	4,300			$	(2,686	)		$	(668	)		$	—			$	946
Total assets		$	2,900,927			$	33,519			$	377,806			$	(367,561	)		$	2,944,691

		As of and for the nine months ended September 30, 2025
(Dollars in thousands)		Commercial Banking				Mortgage Banking				Parent Only				Eliminations				Blue Ridge Bankshares, Inc. Consolidated
NET INTEREST INCOME
Interest income		$	106,108			$	191			$	—			$	—			$	106,299
Interest expense			43,797				40				1,720				—				45,557
Net interest income			62,311				151				(1,720	)			—				60,742
Recovery of credit losses			(2,500	)			—				—				—				(2,500	)
Net interest income after recovery of credit losses			64,811				151				(1,720	)			—				63,242
NONINTEREST INCOME
Fair value adjustments of other equity investments			—				—				8				—				8
Residential mortgage banking income			—				847				—				—				847
MSRs			—				(185	)			—				—				(185	)
Income on sale of MSRs			—				1,026				—				—				1,026
Other			8,750				—				—				(297	)			8,453
Total noninterest income			8,750				1,688				8				(297	)			10,149
NONINTEREST EXPENSE
Salaries and employee benefits			35,095				1,903				—				—				36,998
Occupancy and equipment			3,625				75				—				—				3,700
Technology and communication			6,686				977				—				—				7,663
Other			15,571				626				740				(297	)			16,640
Total noninterest expense			60,977				3,581				740				(297	)			65,001
Income (loss) before income tax expense			12,584				(1,742	)			(2,452	)			—				8,390
Income tax expense (benefit)			2,923				(483	)			(515	)			—				1,925
Net income (loss)		$	9,661			$	(1,259	)		$	(1,937	)		$	—			$	6,465
Total assets		$	2,475,826			$	947			$	371,288			$	(351,112	)		$	2,496,949

		As of and for the nine months ended September 30, 2024
(Dollars in thousands)		Commercial Banking				Mortgage Banking				Parent Only				Eliminations				Blue Ridge Bankshares, Inc. Consolidated
NET INTEREST INCOME
Interest income		$	121,181			$	1,206			$	—			$	—			$	122,387
Interest expense			60,636				539				1,677				—				62,852
Net interest income			60,545				667				(1,677	)			—				59,535
Recovery of credit losses			(4,100	)			—				—				—				(4,100	)
Net interest income after recovery of credit losses			64,645				667				(1,677	)			—				63,635
NONINTEREST INCOME
Fair value adjustments of other equity investments			—				—				(8,384	)			—				(8,384	)
Residential mortgage banking income			—				8,214				—				—				8,214
MSRs			—				(166	)			—				—				(166	)
Loss on sale of MSRs			—				(1,011	)			—				—				(1,011	)
Other			12,374				—				19				(288	)			12,105
Total noninterest income			12,374				7,037				(8,365	)			(288	)			10,758
NONINTEREST EXPENSE
Salaries and employee benefits			40,307				4,548				63				—				44,918
Occupancy and equipment			3,870				351				—				—				4,221
Technology and communication			6,425				953				—				—				7,378
Regulatory remediation			4,398				—				—				—				4,398
Other			24,460				2,231				881				(288	)			27,284
Total noninterest expense			79,460				8,083				944				(288	)			88,199
(Loss) income before income tax expense			(2,441	)			(379	)			(10,986	)			—				(13,806	)
Income tax expense (benefit)			1,960				(90	)			(2,294	)			—				(424	)
Net (loss) income		$	(4,401	)		$	(289	)		$	(8,692	)		$	—			$	(13,382	)
Total assets		$	2,900,927			$	33,519			$	377,806			$	(367,561	)		$	2,944,691

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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