{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-056906","form_type":"8-K","ticker":"BRBS","cik":"0000842717","company_name":"BLUE RIDGE BANKSHARES, INC.","filed_at":"2023-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.138752+00:00","generated_at":"2026-06-09T05:15:53.462765+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 Q3 net loss $41.4M ($2.18/sh); goodwill impairment $26.8M, suspends dividend","bullets":["Net loss from continuing ops of $41.4M includes $26.8M non-cash goodwill impairment and $6.0M ESOP litigation reserve.","Board suspended future quarterly dividends to preserve capital; prior dividend rate was $0.09/quarter.","Restating 2022 annual and 2023 Q1/Q2 financials to reflect nonaccrual status of certain specialty finance loans.","Net interest margin fell to 2.92% from 3.12%; allowance for credit losses rose to 2.03% of loans from 1.58%.","Tangible book value per share declined to $9.30 from $10.55; Bank remains well-capitalized under regulatory guidelines."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-056906","json":"https://secwatch.observer/filing/0000950170-23-056906.json","markdown":"https://secwatch.observer/filing/0000950170-23-056906.md","text":"https://secwatch.observer/filing/0000950170-23-056906.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/842717/000095017023056906/0000950170-23-056906-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/842717/000095017023056906/brbs-20231031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T05:15:53.462765+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":"8140895caa89b7523077f9a39d625e04b2e6bf7a","claim":"BLUE RIDGE BANKSHARES, INC. reported third quarter ended September 30, 2023 results: net income net loss from continuing operations of $41.4 million, EPS $2.18 per diluted common share.","evidence_excerpt":"On October 31, 2023 Blue Ridge Bankshares, Inc. issued a press release announcing its financial results for the third quarter ended September 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/842717/000095017023056906/0000950170-23-056906-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Net income","value":"net loss from continuing operations of $41.4 million"},{"label":"EPS","value":"$2.18 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"}