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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Assets      
Cash and due from banks $ 130,643 $ 117,945 $ 60,026
Federal funds sold 43,903 775  
Securities available for sale, at fair value 373,532 109,475  
Restricted and other equity investments 22,518 11,173  
Other investments 13,643 6,565  
Loans held for sale 121,943 152,931  
Paycheck Protection Program loans, net of fees 30,406 288,533  
Loans held for investment, net of deferred fees and costs 1,777,172 728,161  
Less allowance for loan losses (12,121) (13,827) (4,572)
Loans held for investment, net 1,765,051 714,334  
Accrued interest receivable 9,573 5,428  
Other real estate owned 157  
Premises and equipment, net 26,661 14,831  
Right-of-use asset 6,317 5,328  
Bank owned life insurance 46,545 15,724  
Goodwill 26,826 19,620  
Other intangible assets 7,742 2,581  
Mortgage derivative asset 1,876 5,293  
Mortgage servicing rights, net 16,469 7,084  
Mortgage brokerage receivable 4,064 8,516  
Interest rate swap asset 199 1,716  
Other assets 17,071 10,406  
Total assets 2,665,139 1,498,258  
Deposits:      
Noninterest-bearing demand 706,088 333,051  
Interest-bearing demand and money market deposits 941,805 282,263  
Savings 150,376 78,352  
Time deposits 499,502 251,443  
Total deposits 2,297,771 945,109  
FHLB borrowings 10,111 115,000  
FRB borrowings 17,901 281,650  
Subordinated notes, net 39,986 24,506  
Lease liability 7,651 5,506  
Interest rate swap liability 199 2,735  
Other liabilities 14,381 15,552  
Total liabilities 2,388,000 1,390,058  
Commitments and contingencies (Note 23)  
Stockholders’ Equity:      
Common stock, no par value; 25,000,000 shares authorized; 18,774,082 and 8,577,932 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively [1] 194,309 66,771  
Additional paid-in capital 252 252  
Retained earnings 85,982 40,688  
Accumulated other comprehensive (loss) income, net of tax (3,632) 264  
Total Blue Ridge Bankshares, Inc. stockholders' equity 276,911 107,975  
Noncontrolling interest 228 225  
Total stockholders’ equity 277,139 108,200 $ 92,337
Total liabilities and stockholders’ equity $ 2,665,139 $ 1,498,258  
[1] Common stock as of the periods presented is reflective of the Company's 3-for-2 stock split effective April 30, 2021.