---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-015560"
form_type: "8-K"
ticker: "BRBS"
cik: "0000842717"
company_name: "BLUE RIDGE BANKSHARES, INC."
filed_at: "2024-01-25T23:59:59+00:00"
generated_at: "2026-06-06T18:51:23.490939+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Blue Ridge Bank enters OCC consent order; must maintain 10% leverage, halt new fintech without OCC okay

## Summary
- OCC consent order replaces Aug 2022 agreement; bank neither admits nor denies BSA/AML violations and unsafe practices.
- Bank must maintain leverage ratio 10.00% and total capital ratio 13.00%; deemed not well capitalized and in troubled condition.
- No new third-party fintech relationships, products, or services without OCC prior non-objection; existing fintechs face enhanced oversight.
- Dividends and capital distributions require OCC prior non-objection and compliance with capital plan.

## SEC filing metadata
- accession: 0001193125-24-015560
- form_type: 8-K
- ticker: BRBS
- cik: 0000842717
- company_name: BLUE RIDGE BANKSHARES, INC.
- filed_at: 2024-01-25T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/842717/000119312524015560/0001193125-24-015560-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/842717/000119312524015560/d870968d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-015560
- JSON: https://secwatch.observer/filing/0001193125-24-015560.json
- Plain text: https://secwatch.observer/filing/0001193125-24-015560.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.