{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-035724","form_type":"8-K","ticker":"BRBS","cik":"0000842717","company_name":"BLUE RIDGE BANKSHARES, INC.","filed_at":"2023-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.774560+00:00","generated_at":"2026-06-12T22:37:38.244941+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Blue Ridge Bankshares posts Q2 net loss of $19.5M, cites $58.1M in problem loans","bullets":["Net loss from continuing ops of $19.5M ($1.03 diluted EPS) vs net income of $1.6M in Q1 2023.","Provision for credit losses surged to $20.5M from $3.7M in Q1; net charge-offs were $8.0M.","Nonperforming loans rose to $86.1M (2.68% of assets) from $30.7M, driven by $58.1M specialty finance loans placed on nonaccrual.","Net interest margin dropped to 2.67% from 3.58%, pressured by $4.7M interest income reversal on nonaccrual loans.","Company to forgo Q3 2023 common dividend to preserve capital; tangible book value fell to $10.55 from $11.93."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-035724","json":"https://secwatch.observer/filing/0000950170-23-035724.json","markdown":"https://secwatch.observer/filing/0000950170-23-035724.md","text":"https://secwatch.observer/filing/0000950170-23-035724.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/842717/000095017023035724/0000950170-23-035724-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/842717/000095017023035724/brbs-20230731.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T22:37:38.244941+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f574039f547e94f3e9e66a0bec0df6ae51541b1b","claim":"BLUE RIDGE BANKSHARES, INC. reported quarter ended June 30, 2023 results: net income net loss from continuing operations of $19.5 million, EPS $1.03 per diluted common share.","evidence_excerpt":"Blue Ridge Bankshares, Inc. issued a press release announcing its financial results for the second quarter ended June 30, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/842717/000095017023035724/0000950170-23-035724-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended June 30, 2023"},{"label":"Net income","value":"net loss from continuing operations of $19.5 million"},{"label":"EPS","value":"$1.03 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}