XML 43 R33.htm IDEA: XBRL DOCUMENT v3.23.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted EPS For the three and six months ended June 30, 2023, all outstanding stock options and PSAs of the Company’s common stock were considered anti-dilutive and excluded from the computation of diluted EPS, due to the net loss in the same respective periods. For the three and six months ended June 30, 2022, no stock options for the Company's common stock were considered anti-dilutive and excluded from the computation of diluted EPS, and there were no outstanding PSAs during these periods.

 

 

 

For the three months ended

 

 

For the six months ended

 

(Dollars in thousands, except per share data)

 

June 30, 2023

 

 

June 30, 2022

 

 

June 30, 2023

 

 

June 30, 2022

 

Weighted average common shares outstanding, basic

 

 

18,850,625

 

 

 

18,766,542

 

 

 

18,853,553

 

 

 

18,769,384

 

Effect of dilutive securities

 

 

 

 

 

11,666

 

 

 

 

 

 

14,502

 

Weighted average common shares outstanding, dilutive

 

 

18,850,625

 

 

 

18,778,208

 

 

 

18,853,553

 

 

 

18,783,886

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income:

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income from continuing operations

 

 

(19,464

)

 

$

1,118

 

 

$

(17,860

)

 

$

18,538

 

Net income from discontinued operations

 

 

 

 

 

 

 

 

 

 

 

337

 

Net income from discontinued operations attributable to noncontrolling interest

 

 

 

 

 

 

 

 

 

 

 

(1

)

Net (loss) income attributable to Blue Ridge Bankshares, Inc.

 

$

(19,464

)

 

$

1,118

 

 

$

(17,860

)

 

$

18,874

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted (loss) earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

(Loss) earnings per share from continuing operations

 

$

(1.03

)

 

$

0.06

 

 

$

(0.95

)

 

$

0.99

 

(Loss) earnings per share from discontinued operations

 

 

 

 

 

 

 

 

 

 

 

0.02

 

(Loss) earnings per share attributable to Blue Ridge Bankshares, Inc.

 

$

(1.03

)

 

$

0.06

 

 

$

(0.95

)

 

$

1.01