{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-009488","form_type":"8-K","ticker":"BRBS","cik":"0000842717","company_name":"BLUE RIDGE BANKSHARES, INC.","filed_at":"2024-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.041561+00:00","generated_at":"2026-06-06T14:22:57.072970+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Blue Ridge Bankshares Q4 net loss $5.8M; OCC consent order, $150M capital raise","bullets":["Net loss of $5.8M ($0.30 diluted EPS) vs net loss of $41.4M ($2.18 EPS) in Q3 2023.","Nonperforming loans fell to $62.6M (2.01% of assets) from $81.8M; $12.5M specialty finance charge-offs.","Bank's tier 1 leverage ratio 7.49% below OCC consent order minimum of 10.00%; total capital 10.25% vs 13.00% minimum.","Fintech-related deposits dropped to $465.9M (18.2% of total) from $720.8M (26.0%) at Sept. 30, 2023.","Announced $150M private placement at $2.50/share; closing expected March 2024 subject to shareholder approval."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-009488","json":"https://secwatch.observer/filing/0000950170-24-009488.json","markdown":"https://secwatch.observer/filing/0000950170-24-009488.md","text":"https://secwatch.observer/filing/0000950170-24-009488.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/842717/000095017024009488/0000950170-24-009488-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/842717/000095017024009488/brbs-20240131.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T14:22:57.072970+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":"2cf17c8257f438b312ab51fc94f9bf149381a3c0","claim":"BLUE RIDGE BANKSHARES, INC. reported the year ended December 31, 2023 results: net income a net loss from continuing operations of $51.8 million, EPS $2.73 per diluted common share.","evidence_excerpt":"For the year ended December 31, 2023, the Company reported a net loss from continuing operations of $51.8 million, or $2.73 per diluted common share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/842717/000095017024009488/0000950170-24-009488-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Net income","value":"a net loss from continuing operations of $51.8 million"},{"label":"EPS","value":"$2.73 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"daf66cdaaac57ff4c4306f07ece0cf134c45e1a6","claim":"BLUE RIDGE BANKSHARES, INC. reported the fourth quarter ended December 31, 2023 results: net income a net loss of $5.8 million, EPS $0.30 per diluted common share.","evidence_excerpt":"For the fourth quarter of 2023, the Company reported a net loss of $5.8 million, or $0.30 per diluted common share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/842717/000095017024009488/0000950170-24-009488-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Net income","value":"a net loss of $5.8 million"},{"label":"EPS","value":"$0.30 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"}