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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 77,274 $ 130,548
Federal funds sold 1,426 43,903
Securities available for sale, at fair value 354,341 373,532
Restricted equity investments 21,257 8,334
Other equity investments 23,776 14,184
Other investments 24,672 12,681
Loans held for sale 69,534 121,943
Paycheck Protection Program loans, net of deferred fees and costs 11,967 30,406
Loans held for investment, net of deferred fees and costs 2,399,092 1,777,172
Less allowance for loan losses (22,939) (12,121)
Loans held for investment, net 2,376,153 1,765,051
Accrued interest receivable 12,393 9,573
Other real estate owned 195 157
Premises and equipment, net 23,152 26,624
Right-of-use asset 6,903 6,317
Bank owned life insurance 47,245 46,545
Goodwill 26,826 26,826
Other intangible assets 6,583 7,594
Mortgage servicing rights, net 28,991 16,469
Deferred tax asset, net 9,182 150
Other assets 19,175 23,001
Assets of discontinued operations 0 1,301
Total assets 3,141,045 2,665,139
Deposits:    
Noninterest-bearing demand 640,101 685,801
Interest-bearing demand and money market deposits 1,318,799 962,092
Savings 151,646 150,376
Time deposits 391,961 499,502
Total deposits 2,502,507 2,297,771
FHLB borrowings 311,700 10,111
FRB borrowings 51 17,901
Subordinated notes, net 39,920 39,986
Lease liabilities 7,860 7,651
Other liabilities 19,634 14,543
Liabilities of discontinued operations 0 37
Total liabilities 2,881,672 2,388,000
Commitments and contingencies (Note 22)
Stockholders’ Equity:    
Common stock, no par value; 50,000,000 and 25,000,000 shares authorized at December 31, 2022 and December 31, 2021, respectively; 18,950,329 and 18,774,082 shares issued and outstanding at December 31, 2022 and December 31, 2021, respectively 195,960 194,309
Additional paid-in capital 252 252
Retained earnings 108,262 85,982
Accumulated other comprehensive loss, net of tax (45,101) (3,632)
Total Blue Ridge Bankshares, Inc. stockholders' equity before noncontrolling interest 259,373 276,911
Noncontrolling interest of discontinued operations 0 228
Total stockholders’ equity 259,373 277,139
Total liabilities and stockholders’ equity $ 3,141,045 $ 2,665,139