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Blue Ridge Bankshares eliminates COTO position, terminates M. Dean Brown without cause effective June 30, 2026
Position of Chief Operations and Technology Officer eliminated as part of cost reduction efforts.
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Blue Ridge Bankshares annual meeting elects all five director nominees, ratifies auditor
All five director nominees elected: Cozart, Golliday, Jones, Scavuzzo, Stokes; each received >60M votes for.
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Blue Ridge Bankshares COTO M. Dean Brown to retire effective June 30, 2026
M. Dean Brown steps down as Chief Operations and Technology Officer of Blue Ridge Bankshares and Blue Ridge Bank.
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Blue Ridge Q1 net income $0.8M, down 81% QoQ; declares $0.60 special dividend
Net income of $0.8M ($0.01 EPS) vs $4.2M ($0.04) in Q4 2025; adjusted EPS $0.02 excluding $1.3M exec transition costs.
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Blue Ridge Bankshares raises interim CEO Harry Golliday base to $525,000
April 15, 2026: Board approved compensation adjustments for Interim CEO Harry Golliday.
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Blue Ridge Bankshares declares $0.60 special dividend, amends warrants
Special cash dividend of $0.60 per share, payable April 27, 2026 to holders of record April 13, 2026.
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Blue Ridge Bankshares appoints Interim CEO Harry Golliday to board
Harry Golliday appointed director of Blue Ridge Bankshares and its bank subsidiary, effective March 18, 2026.
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Blue Ridge Bankshares CEO Billy Beale retires; Harry Golliday appointed Interim CEO
G. William Beale stepped down as President and CEO effective March 6, 2026, under a Retirement Agreement.
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Blue Ridge Bankshares reports Q4 net income $4.2M ($0.04 EPS); FY net income $10.7M; OCC consent order terminated
Q4 2025 net income $4.2M ($0.04 diluted EPS) vs Q4 2024 loss of $2.0M (-$0.03); FY net income $10.7M ($0.11) vs FY loss $15.4M.
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OCC terminates January 2024 consent order against Blue Ridge Bank, effective Nov 13, 2025
OCC terminated the Consent Order against Blue Ridge Bank effective November 13, 2025.
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Blue Ridge Bankshares updates Q3 2025 investor presentation; no specific financial figures disclosed in filing text
Company furnished an updated investor presentation under Regulation FD on Nov 5, 2025.
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Blue Ridge Bankshares declares $0.25 special cash dividend payable Nov 21
Special cash dividend of $0.25 per share declared on common stock.
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Blue Ridge Q3 net income $5.6M ($0.06 EPS), highest since 2022; NIM expands to 3.60%
Net income of $5.6M ($0.06 diluted EPS) vs $1.3M in Q2 2025 and $0.9M in Q3 2024; year-to-date net income $6.5M.
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Blue Ridge Bankshares authorizes up to $15M share repurchase program
Board authorized repurchase of up to $15M of common stock.
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Blue Ridge Bankshares reports Q2 net income of $1.3M, turns profitable
Net income of $1.3M ($0.01 EPS) vs net loss of $0.4M in Q1 and $11.4M loss in Q2 2024.
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Blue Ridge Bankshares eliminates classified board, phases in annual director elections over three years
Shareholders approved amendment to declassify Board of Directors at May 21, 2025 annual meeting; effective same day.
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Blue Ridge Bankshares shareholders approve board declassification and ratify auditor
Elected G. William Beale, Ciaran McMullan, Vance H. Spilman as directors for three-year terms.
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Blue Ridge Bankshares narrows Q1 net loss to $0.4M; cost cuts and NIM improvement highlight progress
Net loss of $0.4M ($0.01 diluted EPS) vs $2.0M loss in Q4 2024; net interest margin improved to 2.90% from 2.80%.
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Blue Ridge Bankshares to sell Monarch Mortgage assets to third party, exit mortgage banking
Entered definitive agreement to sell certain assets of Monarch Mortgage to an unrelated third-party mortgage company.
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Blue Ridge Bankshares Q4 net loss $2.0M; exits 45 fintech BaaS partnerships
Net loss of $2.0M ($0.03/sh) vs net income of $0.9M ($0.01/sh) in Q3 2024.
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Blue Ridge Bankshares amends CEO Beale's employment agreement; severance, change-in-control terms revised
Effective Jan 1, 2025, Beale's agreement: 2-year term, base salary floor $547,000; annual bonus up to 40% of base.
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Blue Ridge Bankshares issues 10.9M common shares to Castle Creek in preferred exchange
Issued 10,928,000 common shares to Castle Creek for 2,732 Series C Preferred shares on November 7.
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Blue Ridge Bankshares updates investor presentation; no material news
Company updated investor presentation for use in meetings with investors.
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Blue Ridge Bankshares Q3 net income $0.9M; fintech BaaS exit ahead of schedule
Net income of $0.9M ($0.01/diluted share) vs. loss of $11.4M in Q2 2024 and loss of $41.4M in Q3 2023.
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Blue Ridge Bankshares shareholders elect directors, approve stock plan, ratify auditor
All 7 director nominees elected: Bost, Montano, Patterson, Reynolds (3-yr terms); Beale, McMullan (2-yr); Scavuzzo (1-yr).
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Blue Ridge Bankshares EVP & Commercial Banking Executive C. Douglass Riddle to depart Sep 9
C. Douglass Riddle, EVP and Commercial Banking Executive, separated employment effective September 9, 2024.
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Blue Ridge Bankshares sets 2024 annual meeting for Oct 10; Aug 10 deadline for nominations
Annual meeting of shareholders scheduled for October 10, 2024.
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Blue Ridge Bankshares posts Q2 net loss of $11.4M; completes $161.6M capital raise
Net loss of $11.4M ($0.47 diluted EPS) vs. loss of $2.9M in Q1 2024; includes $6.7M after-tax fintech investment write-down.
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Tony Scavuzzo appointed to Compensation Committee after regulatory approval
Scavuzzo received regulatory approval to serve as director of Blue Ridge Bankshares and Blue Ridge Bank.
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Blue Ridge Bankshares converts all Series B Preferred to 50.2M common shares
All 12,558 Series B preferred shares automatically converted into 50,232,000 common shares on June 28, 2024.
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Blue Ridge Bankshares appoints McMullan to Compliance, Montano to Enterprise Risk committees
Ciaran McMullan appointed to Compliance Committee of Blue Ridge Bank board effective June 18, 2024.
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Blue Ridge Bankshares increases authorized shares to 150M; shareholders approve preferred conversion
Five directors retiring effective Sept 25, 2024 annual meeting: voluntary (Farmar, Holzwarth, Janney) and mandatory age (Dean, Dees).
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Blue Ridge Bankshares raises $11.6M in private placement with insider Spurzem
On June 13, 2024, closed a private placement with shareholder Richard T. Spurzem for gross proceeds of ~$11.6M.
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Blue Ridge Bankshares raises ~$11.6M in private placement with shareholder Richard Spurzem
Gross proceeds of ~$11.6M from sale of 290,000 common shares ($2.39/share), 1,140 Series B preferred shares ($9,566.13/share), and a warrant.
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Blue Ridge Bankshares posts Q1 net loss of $2.9M; closes $150M capital raise post-quarter
Net loss of $2.9M ($0.15/diluted share) vs loss of $5.8M in Q4 2023 and net income of $4.0M in Q1 2023.
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Blue Ridge Bankshares raises $150M via common/preferred stock and warrants; appoints three directors
Gross proceeds $150M from 3.4M common shares at $2.50, 14,150 preferred shares at $10,000 each, and warrants.
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Blue Ridge Bankshares closes $150M private placement after shareholder vote issue
Closed $150M private placement of 3.4M common shares at $2.50, convertible preferred, and warrants.
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BRBS shareholders approve capital raise and tripling of authorized shares
Capital raise proposal approved: 12.66M for, 918,795 against, 237,623 abstain.
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Blue Ridge Bankshares Q4 net loss $5.8M; OCC consent order, $150M capital raise
Net loss of $5.8M ($0.30 diluted EPS) vs net loss of $41.4M ($2.18 EPS) in Q3 2023.
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Blue Ridge Bank enters OCC consent order; must maintain 10% leverage, halt new fintech without OCC okay
OCC consent order replaces Aug 2022 agreement; bank neither admits nor denies BSA/AML violations and unsafe practices.
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Blue Ridge Bankshares to raise $150M via 60M shares and warrants at $2.50 per share
Gross proceeds of $150M from 60M shares and ~29.4M warrants at $2.50 each; warrants exercisable for 5 years.
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Blue Ridge Bankshares updates investor presentation for investor meetings
Presentation updated on November 16, 2023, for meetings with investors.
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Blue Ridge Bankshares suspends common stock dividend indefinitely to preserve capital
Board declared no Q4 2023 cash dividend and suspended all future quarterly dividends until further notice.
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Blue Ridge Bankshares restates 2022 and Q1-Q2 2023 financials due to loan classification errors
Restatement lowers 2022 net income by $10.6M to $17.0M; EPS cut from $1.46 to $0.90.
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Blue Ridge Q3 net loss $41.4M ($2.18/sh); goodwill impairment $26.8M, suspends dividend
Net loss from continuing ops of $41.4M includes $26.8M non-cash goodwill impairment and $6.0M ESOP litigation reserve.
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Blue Ridge Bankshares amends CEO Beale's employment agreement, no material changes
Amended agreement with CEO G. William Beale effective Oct 24, 2023, replacing May 7, 2023 agreement.
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Blue Ridge Bankshares posts Q2 net loss of $19.5M, cites $58.1M in problem loans
Net loss from continuing ops of $19.5M ($1.03 diluted EPS) vs net income of $1.6M in Q1 2023.
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Blue Ridge Bankshares CEO Brian Plum resigns; G. William Beale appointed as replacement effective July 12
Brian K. Plum resigned as President, CEO, and director effective July 12, 2023; no reason stated.
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Blue Ridge Bankshares suspends Q3 2023 common dividend to preserve capital
Board decided to forego declaration and payment of Q3 2023 cash dividend on common stock.
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Blue Ridge Bankshares reports annual meeting voting results; all directors elected
Five directors elected for three-year terms: Farmar, Holzwarth, Stokes, Cozart, Jones.