Welcome to our dedicated page for Blue Ridge Bnksh SEC filings (Ticker: BRBS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for Blue Ridge Bankshares, Inc. (BRBS) provides access to the company’s official regulatory documents as filed with the U.S. Securities and Exchange Commission. As a commercial banking holding company for Blue Ridge Bank, National Association, and BRB Financial Group, Inc., Blue Ridge Bankshares, Inc. uses its filings to disclose financial performance, capital actions, and material events affecting its retail and commercial banking, wealth management, and trust services businesses.
Investors can review Forms 10-K and 10-Q for detailed information on net interest income, noninterest income and expense, asset quality, loan and deposit composition, and capital ratios at both the bank and holding company levels. These periodic reports also describe the company’s segment structure, which has included commercial banking, mortgage banking, and holding company activities, and explain how strategic changes—such as the exit from fintech banking-as-a-service operations and the sale of the Monarch Mortgage division—affect its balance sheet and earnings profile.
Current reports on Form 8-K are particularly important for Blue Ridge Bankshares, Inc. They have been used to announce quarterly results, a private placement capital raise, the adoption of a share repurchase program, the declaration of a special cash dividend, and the termination of the Consent Order with the Office of the Comptroller of the Currency. These filings provide timely insight into regulatory developments, capital management decisions, and other significant corporate actions.
In addition, investors can consult proxy statements for information on governance and executive compensation, and Form 4 filings for any reportable insider transactions in BRBS common stock. Stock Titan’s platform enhances these documents with AI-powered summaries that highlight key points from lengthy filings, explain complex regulatory and accounting terms in plain language, and help users quickly identify trends in Blue Ridge Bankshares, Inc.’s financial condition, risk management, and strategic direction.
Blue Ridge Bankshares, Inc. generated a modest profit for the quarter, reporting net income of $836,000, or $0.01 per share, for the three months ended March 31, 2026, compared with a net loss of $434,000 a year earlier. Net interest income fell to $16.9 million from $19.0 million as both loan and securities interest declined, while a $600,000 recovery of credit losses and lower noninterest expenses helped support earnings.
Total assets were $2.41 billion, with loans held for investment of $1.83 billion and deposits of $1.89 billion. Nonaccrual loans totaled $19.5 million, slightly lower than at year-end, and the allowance for credit losses on loans was $19.2 million. Cash and due from banks increased to $146.6 million, driven by strong operating and investing cash flows.
The company declared a special cash dividend of $0.60 per share, totaling approximately $54.1 million, which was paid in April 2026 and contributed to stockholders’ equity declining to $277.0 million from $323.7 million. Despite this, regulatory capital ratios at the bank remained well above well-capitalized thresholds, with a common equity Tier 1 ratio of 15.33% and a Tier 1 leverage ratio of 11.01%.
Blue Ridge Bankshares, Inc. is asking shareholders to vote at its June 17, 2026 virtual annual meeting on two items: electing five directors to one-year terms and ratifying Elliott Davis, PLLC as independent auditor for 2026.
The proxy details a largely independent 11‑member board, ongoing declassification so all directors will stand for annual elections by 2028, and concentrated ownership, including several institutional holders with stakes above 5%. It explains virtual meeting access, street‑name voting mechanics, and how broker non‑votes affect the director election and auditor ratification. The filing also outlines executive compensation, highlighting performance‑based restricted stock tied to Core ROAA goals, 2025 short‑term incentive payouts based on financial and strategic metrics, and clawback provisions aligned with NYSE and SEC rules.
Blue Ridge Bankshares, Inc. reported first quarter 2026 net income of $0.8 million, or $0.01 per diluted share, down from $4.2 million, or $0.04 per share, in the prior quarter but improved from a net loss a year earlier. Results included $1.6 million of pre-tax executive transition costs and $1.0 million of incentive-related expenses; excluding transition expenses, net income was $2.1 million, or $0.02 per share.
The company declared a special cash dividend of $0.60 per common share, totaling about $54.1 million, which reduced tangible book value per share from $3.65 to $3.11 and lowered capital ratios, though regulatory capital levels remained well above minimums. Net interest income declined to $16.9 million, with net interest margin at 2.90%, reflecting smaller loan balances and fewer higher-yield out-of-market loans.
Total assets were $2.41 billion, and loans held for investment fell to $1.83 billion as the company continued shrinking non-strategic and fintech-related lending. Asset quality improved: nonperforming loans decreased to $21.0 million, or 0.87% of total assets, and credit quality trends supported a $0.6 million recovery of credit losses. Headcount declined to 281 employees, about 20% lower than a year earlier, as management emphasized a leaner community banking model following the termination of a prior regulatory consent order.
Blue Ridge Bankshares, Inc. disclosed changes to the compensation of Harry Golliday, its Interim Chief Executive Officer and Interim President, and Interim CEO of Blue Ridge Bank, National Association. Effective with his new role, Mr. Golliday’s annual base salary will increase to $525,000, and his annual short-term incentive opportunity will rise to up to 50% of his base salary. The company states that his existing employment agreement with the bank, dated May 3, 2024, remains in effect and is not being amended in connection with these adjustments. This filing focuses solely on leadership compensation terms rather than broader financial performance.
BLUE RIDGE BANKSHARES, INC. President & CEO G. William Beale reported share dispositions that reflect tax-withholding events rather than open-market sales. On March 2, 2026, 17,068 shares of common stock were withheld at $4.06 per share to cover tax obligations. On March 6, 2026, an additional 5,581 shares were withheld at $3.99 per share for the same purpose.
After these transactions, Beale directly held 1,163,828 common shares and indirectly held 400,000 shares through the G. William Beale Revocable Living Trust. A footnote states that his beneficial ownership figure included unvested restricted stock that was subsequently cancelled on March 6, 2026 in connection with his retirement.
Blue Ridge Bankshares, Inc. announced two actions affecting its common shareholders and warrant holders. Effective March 28, 2026, the company amended and restated its common stock warrants so that the per share exercise price is reduced by the per share amount of certain cash distributions on the common stock, including the cash dividend paid in November 2025. This is intended to adjust warrant pricing instead of paying those past dividends on exercised warrant shares.
On March 30, 2026, the board declared a special cash dividend of $0.60 per share on the company’s common stock, payable on April 27, 2026 to shareholders of record as of the close of business on April 13, 2026.
BLUE RIDGE BANKSHARES, INC. reported compensation-related stock activity for Chief Ops & Technology Officer Brown M Dean. On the same date, 200,000 shares of performance-based restricted common stock were canceled and returned to the issuer at no cost, then 200,000 shares of performance-based restricted stock were granted, subject to company performance achievements and a vesting schedule. Following these transactions, Dean directly holds 429,902 shares of common stock. These are not open-market buy or sell trades but adjustments to equity-based compensation.
BLUE RIDGE BANKSHARES, INC. executive Brown M. Dean, the Chief Operations & Technology Officer, reported his initial ownership of company stock. The Form 3 shows direct ownership of 429,902 shares of common stock. This total includes 20,679 unvested time-based restricted shares and 320,000 unvested performance-based awards subject to company performance and vesting schedules.
BLUE RIDGE BANKSHARES, INC. Chief Risk Officer Grace Vallacchi reported several non-market changes to her common stock holdings tied to performance-based equity awards. On January 23, 2026, 66,666 shares were disposed of back to the issuer as a forfeiture of performance-based restricted shares for not meeting performance conditions, and 23,308 shares at $4.33 per share were delivered to cover tax obligations. On March 20, 2026, 120,000 performance-based restricted shares were canceled and replaced with a new award of 120,000 performance-based restricted stock subject to company performance achievements and a vesting schedule. Following these transactions, Vallacchi directly owns 310,026 common shares. No open-market purchases or sales were reported.
BLUE RIDGE BANKSHARES, INC. Executive Vice President and Chief Financial Officer Judy Carol Gavant reported several compensation-related stock adjustments, not open-market trades. On March 20, 2026, 160,000 performance-based restricted shares were forfeited to the issuer and 160,000 new performance-based restricted shares were awarded, leaving 577,372 common shares held directly.
On January 23, 2026, 73,333 performance-based restricted shares were canceled, and she continued to hold stock options covering 3,750 shares at $13.5000 per share expiring on December 7, 2027 and 3,750 shares at $10.8000 per share expiring on June 12, 2029. She also indirectly holds 4,819 common shares through a 401(k) plan.