secwatch / observer

BLUE RIDGE BANKSHARES, INC. — fact timeline

Source-grounded facts extracted from BLUE RIDGE BANKSHARES, INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

BRBS BLUE RIDGE BANKSHARES, INC. JSON

M. Dean Brown was terminated as Chief Operations and Technology Officer at BLUE RIDGE BANKSHARES, INC..

“effective June 30, 2026, the position of Chief Operations and Technology Officer of Blue Ridge Bankshares, Inc. and its wholly owned subsidiary Blue Ridge Bank, National Association (the “Bank”) held by M. Dean Brown will be eliminated as part of the Company’s cost reduction efforts, and his employment will be terminated without cause effective June 30, 2026.”
Shareholder Votes

BLUE RIDGE BANKSHARES, INC. shareholders approved Ratification of appointment of Elliott Davis, PLLC as independent registered public accounting firm for 2026 at the 2026-06-17 meeting.

“Proposal 2: Ratification of Independent Registered Public Accounting Firm for 2026 Shareholders ratified the appointment of Elliott Davis, PLLC as the Company’s independent registered public accounting firm for 2026. For Against Abstain Non-votes 80,371,599 217,271 16,205 0”

M. Dean Brown resigned as Chief Operations and Technology Officer at BLUE RIDGE BANKSHARES, INC..

“The board of directors of Blue Ridge Bankshares, Inc. (the “ Company ”) and M. Dean Brown agreed that Mr. Brown will step down as Chief Operations and Technology Officer of the Company and its wholly owned subsidiary Blue Ridge Bank, National Association (the “ Bank ”).”
Earnings Releases

BLUE RIDGE BANKSHARES, INC. reported the first quarter ended March 31, 2026 results: net income net income of $0.8 million, or $0.01 per diluted common share.

“and BRB Financial Group, Inc., today announced financial results for the quarter ended March 31, 2026. For the quarter ended March 31, 2026, the Company reported net income of $0.8 million, or $0.01 per diluted common share, compared to net income of $4.2 million, or $0.04 per diluted common share, for the quarter ended December 31, 2025, and a net loss of $0.4”
Governance Changes

BLUE RIDGE BANKSHARES, INC.: Amended multiple bylaw sections to conform to declassification, including officer roles at shareholder meetings, removal of director class references, and board election provisions (effective 2025-05-21).

“On May 21, 2025, the Company’s Board of Directors adopted amendments to the Company’s Bylaws, effective upon the effective date of the Amendment (May 21, 2025), as follows: (i) revisions to Article 3, Section 6 to reflect that the Company’s Chief Executive Officer and not the President shall serve as chairman of shareholder meetings and that the Company’s President and not any Vice President shall preside over shareholder meetings if the Chief Executive Officer is not present at a shareholders meeting; (ii) revisions to Article 4, Section 4, Paragraph 6 to remove references to classes of directors; (iii) revisions to Article 4, Section 4, Paragraph 8 to remove a provision relating to the ability of the Board of Directors to remove a director; (iv) revisions to Article 4, Section 5 to replace provisions relating to the Company having a classified Board of Directors with staggered three-year board terms with provisions relating to the Company having a nonclassified Board of Directors wit”
Governance Changes

BLUE RIDGE BANKSHARES, INC.: Eliminated classified board structure to provide for annual election of directors, phased in over three years starting 2026 (effective 2025-05-21).

“On May 21, 2025, Article VI of the Articles of Incorporation of Blue Ridge Bankshares, Inc. (the “Company”) was amended to eliminate the classified structure of the Company’s Board of Directors and provide for the annual election of directors (the “Amendment”).”

C. Douglass Riddle departed as Executive Vice President and Commercial Banking Executive at BLUE RIDGE BANKSHARES, INC..

“separated employment with C. Douglass Riddle, the Executive Vice President and the Commercial Banking Executive of the Bank, effective September 9, 2024.”

Larry Dees retired as Director at BLUE RIDGE BANKSHARES, INC..

“the Company announced that Mensel D. Dean, Jr. and Larry Dees, directors of the Company and the Bank, are retiring from the Boards of Directors of the Company and the Bank effective as of the date of the Annual Meeting pursuant to the Company’s mandatory director retirement age provision set forth in the Company’s Bylaws”

Mensel D. Dean, Jr. retired as Director at BLUE RIDGE BANKSHARES, INC..

“the Company announced that Mensel D. Dean, Jr. and Larry Dees, directors of the Company and the Bank, are retiring from the Boards of Directors of the Company and the Bank effective as of the date of the Annual Meeting pursuant to the Company’s mandatory director retirement age provision set forth in the Company’s Bylaws”

Robert S. Janney retired as Director at BLUE RIDGE BANKSHARES, INC..

“Richard A. Farmar, III, Andrew C. Holzwarth and Robert S. Janney, directors of Blue Ridge Bankshares, Inc. (the “Company”) and Blue Ridge Bank, National Association (the “Bank”), a wholly-owned subsidiary of the Company, each notified the Company and the Bank that they are voluntarily retiring from the Boards of Directors of the Company and the Bank effective as of the date of the Company’s 2024 annual meeting of shareholders”

Andrew C. Holzwarth retired as Director at BLUE RIDGE BANKSHARES, INC..

“Richard A. Farmar, III, Andrew C. Holzwarth and Robert S. Janney, directors of Blue Ridge Bankshares, Inc. (the “Company”) and Blue Ridge Bank, National Association (the “Bank”), a wholly-owned subsidiary of the Company, each notified the Company and the Bank that they are voluntarily retiring from the Boards of Directors of the Company and the Bank effective as of the date of the Company’s 2024 annual meeting of shareholders”

Richard A. Farmar, III retired as Director at BLUE RIDGE BANKSHARES, INC..

“Richard A. Farmar, III, Andrew C. Holzwarth and Robert S. Janney, directors of Blue Ridge Bankshares, Inc. (the “Company”) and Blue Ridge Bank, National Association (the “Bank”), a wholly-owned subsidiary of the Company, each notified the Company and the Bank that they are voluntarily retiring from the Boards of Directors of the Company and the Bank effective as of the date of the Company’s 2024 annual meeting of shareholders”
Earnings Releases

BLUE RIDGE BANKSHARES, INC. reported first quarter ended March 31, 2024 results: net income net loss of $2.9 million, EPS $0.15 per diluted common share.

“Blue Ridge Bankshares, Inc. issued a press release announcing its financial results for the first quarter ended March 31, 2024.”
Governance Changes

BLUE RIDGE BANKSHARES, INC.: Filed Articles of Amendment to create Series B and Series C Preferred Stock (effective 2024-04-03).

“On April 3, 2024, the Company filed Articles of Amendment to its Articles of Incorporation with the Virginia State Corporation Commission creating and authorizing 30,000 shares of Series B Preferred Stock and 10,000 shares of Series C Preferred Stock.”
Material Agreements

BLUE RIDGE BANKSHARES, INC. amended Amended and Restated Securities Purchase Agreement with Kenneth R. Lehman, Castle Creek Capital Partners VIII, LP, and other investors and certain directors and executive officers of the Company valued at $150,000,000 (effective 2024-04-03).

“On April 3, 2024, Blue Ridge Bankshares, Inc. (the “Company”), entered into an Amended and Restated Securities Purchase Agreement (the “Securities Purchase Agreement”) with Kenneth R. Lehman, Castle Creek Capital Partners VIII, LP (“Castle Creek”), other investors and certain directors and executive officers of the Company (each, a “Purchaser” and collectively, the “Purchasers”), which amends and restates, in its entirety, the previously disclosed Securities Purchase Agreement entered into by the Company on December 21, 2023.”

Tony Scavuzzo was appointed as Director at BLUE RIDGE BANKSHARES, INC..

“On April 1, 2024, the Board of Directors of the Company (the “Board”) appointed Ciaran McMullan, Trevor Montano and Tony Scavuzzo as directors of the Company and the Bank (the “New Directors”), effective as of the closing of the Private Placement but subject to receiving the required approvals by applicable regulatory agencies.”

Trevor Montano was appointed as Director at BLUE RIDGE BANKSHARES, INC..

“On April 1, 2024, the Board of Directors of the Company (the “Board”) appointed Ciaran McMullan, Trevor Montano and Tony Scavuzzo as directors of the Company and the Bank (the “New Directors”), effective as of the closing of the Private Placement but subject to receiving the required approvals by applicable regulatory agencies.”

Ciaran McMullan was appointed as Director at BLUE RIDGE BANKSHARES, INC..

“On April 1, 2024, the Board of Directors of the Company (the “Board”) appointed Ciaran McMullan, Trevor Montano and Tony Scavuzzo as directors of the Company and the Bank (the “New Directors”), effective as of the closing of the Private Placement but subject to receiving the required approvals by applicable regulatory agencies.”
Shareholder Votes

BLUE RIDGE BANKSHARES, INC. shareholders approved Articles Amendment Proposal at the 2024-03-06 meeting.

“Proposal 2: Articles Amendment Proposal Shareholders approved the Articles Amendment Proposal. For Against Abstain Non-votes 15,291,932 1,842,381 285,559 0”
Shareholder Votes

BLUE RIDGE BANKSHARES, INC. shareholders approved Capital Raise Proposal at the 2024-03-06 meeting.

“Proposal 1: Capital Raise Proposal Shareholders approved the Capital Raise Proposal. For Against Abstain Non-votes 12,655,931 918,795 237,623 3,607,523”
Earnings Releases

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.

“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”
Earnings Releases

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.

“For the fourth quarter of 2023, the Company reported a net loss of $5.8 million, or $0.30 per diluted common share”
Material Agreements

BLUE RIDGE BANKSHARES, INC. entered into Securities Purchase Agreement with Kenneth R. Lehman, Castle Creek Capital Partners VIII, L.P., other institutional investors and certain directors and executive officers valued at $150,000,000 (effective 2023-12-21).

“On December 21, 2023, Blue Ridge Bankshares, Inc. (the “Company”), entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with Kenneth R. Lehman, Castle Creek Capital Partners VIII, L.P. (“Castle Creek”), other institutional investors and certain directors and executive officers of the Company”
Earnings Releases

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.

“On October 31, 2023 Blue Ridge Bankshares, Inc. issued a press release announcing its financial results for the third quarter ended September 30, 2023.”
Auditor Changes

BLUE RIDGE BANKSHARES, INC. reported that prior financial statements should not be relied upon.

“he Company’s annual report on Form 10-K for the year ended December 31, 2022, and unaudited interim financial statements included in quarterly reports on Form 10-Q for the quarters ended March 31, 2023 and June 30, 2023 should no longer be relied upon and will be restated. The restated financial statements will be reflected in an amendment to the Company’s annual report on Form 10-K for the year ended December 31, 2022, and amendments to the Company’s quarterly reports on Form 10-Q for the interim periods ended March 31, 2023 and June 30, 2023. The Company expects to file these amendments to Form 10-K and Form 10-Q in the next several weeks. Net Impact of Financial Restatements The Company does not believe that the restatement reflects any significant financial impact on the Company’s financial condition as of June 30, 2023 and September 30, 2023, or any trends in the Company’s business”
Earnings Releases

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.

“Blue Ridge Bankshares, Inc. issued a press release announcing its financial results for the second quarter ended June 30, 2023”

G. William Beale was appointed as Director at BLUE RIDGE BANKSHARES, INC..

“Mr. Beale was also appointed to the Board of Directors of the Company effective July 12, 2023, as well as its Executive Committee.”

G. William Beale was appointed as President and Chief Executive Officer at BLUE RIDGE BANKSHARES, INC..

“the Board of Directors of the Company appointed G. William Beale, the current Chief Executive Officer of the Company’s wholly-owned subsidiary, Blue Ridge Bank, National Association (the “Bank”), as President and Chief Executive Officer of the Company, effective July 12, 2023.”

Brian K. Plum resigned as Director at BLUE RIDGE BANKSHARES, INC..

“On July 12, 2023, Brian K. Plum, President and Chief Executive Officer of Blue Ridge Bankshares, Inc. (the “Company”), notified the Company of his resignation as President and Chief Executive Officer and as a director of the Company, effective on such date.”

Brian K. Plum resigned as President and Chief Executive Officer at BLUE RIDGE BANKSHARES, INC..

“On July 12, 2023, Brian K. Plum, President and Chief Executive Officer of Blue Ridge Bankshares, Inc. (the “Company”), notified the Company of his resignation as President and Chief Executive Officer and as a director of the Company, effective on such date.”
Shareholder Votes

BLUE RIDGE BANKSHARES, INC. shareholders approved Ratify the appointment of Elliott Davis, PLLC as the Company's independent registered public accounting firm for 2023 at the 2023-06-14 meeting.

“Proposal 3: Ratification of Independent Registered Public Accounting Firm for 2023 Shareholders ratified the appointment of Elliott Davis, PLLC as the Company's independent registered public accounting firm for 2023. For Against Abstain Non-votes 16,063,558 64,118 40,250 0”
Shareholder Votes

BLUE RIDGE BANKSHARES, INC. shareholders approved Approve the Blue Ridge Bankshares, Inc. 2023 Stock Incentive Plan at the 2023-06-14 meeting.

“Proposal 2: Approve the Blue Ridge Bankshares, Inc. 2023 Stock Incentive Plan Shareholders approved the Blue Ridge Bankshares, Inc. 2023 Stock Incentive Plan. For Against Abstain Non-votes 12,008,202 830,831 140,659 3,188,235”
Shareholder Votes

BLUE RIDGE BANKSHARES, INC. shareholders approved Election of five directors for a three-year term at the 2023-06-14 meeting.

“Proposal 1: Election of Directors The individuals named below were elected to serve as directors of the Company for a three-year term expiring at the 2026 Annual Meeting of Shareholders: Name For Withheld Non-votes Richard A. Farmar, III 12,345,361 634,331 3,188,235 Andrew C. Holzwarth 12,055,059 924,633 3,188,235 William W. Stokes 12,456,825 522,867 3,188,235 Heather M. Cozart 12,634,275 345,417 3,188,235 Otis S. Jones 12,315,806 663,886 3,188,235”
Earnings Releases

BLUE RIDGE BANKSHARES, INC. reported the first quarter ended March 31, 2023 results: net income $1.6 million, EPS $0.09 per diluted common share.

“For the first quarter of 2023, the Company reported net income from continuing operations of $1.6 million, or $0.09 per diluted common share”

C. Frank Scott, III departed as Director at BLUE RIDGE BANKSHARES, INC..

“On February 17, 2023, C. Frank Scott, III, a director of Blue Ridge Bankshares, Inc. (the “Company”) and Blue Ridge Bank, National Association (the “Bank”), a wholly-owned subsidiary of the Company, notified the Company and the Bank that he will not stand for re-election to the Board of Directors of the Company at its 2023 annual meeting of shareholders (the “Annual Meeting”), and will retire from the Boards of Directors of the Company and the Bank effective as of the date of the Annual Meeting.”
Earnings Releases

BLUE RIDGE BANKSHARES, INC. reported the year ended December 31, 2022 results: net income $27.6 million, EPS $1.47 earnings per diluted common share.

“For the year ended December 31, 2022, the Company reported net income from continuing operations of $27.6 million, or $1.47 earnings per diluted common share”
Earnings Releases

BLUE RIDGE BANKSHARES, INC. reported the quarter ended December 31, 2022 results: net income $6.3 million, EPS $0.33 earnings per diluted common share.

“For the fourth quarter of 2022, the Company reported net income from continuing operations of $6.3 million, or $0.33 earnings per diluted common share”

C. Rodes Boyd, Jr. departed as Executive Vice President and Chief Lending Officer at BLUE RIDGE BANKSHARES, INC..

“On and effective June 27, 2022, C. Rodes Boyd, Jr. separated employment with Blue Ridge Bankshares, Inc.”

Judy C. Gavant changed role as President of Blue Ridge Bank, National Association and Director at BLUE RIDGE BANKSHARES, INC..

“On April 20, 2022, Judy C. Gavant was promoted to the position of President of Blue Ridge Bank, National Association (the “Bank”), a wholly-owned subsidiary of Blue Ridge Bankshares, Inc. (the “Company”), and was appointed to serve on the Bank’s Board of Directors.”

Amanda G. Story departed as Chief Accounting Officer at BLUE RIDGE BANKSHARES, INC..

“Amanda G. Story will step down from this role on March 31, 2022 and will continue to serve in a significant accounting role with and as the corporate secretary of the Company and the Bank.”

Brett E. Raynor was appointed as Chief Accounting Officer at BLUE RIDGE BANKSHARES, INC..

“On March 16, 2022, the Board of Directors of Blue Ridge Bankshares, Inc. (the “Company”) appointed Brett E. Raynor as Chief Accounting Officer of the Company and its wholly-owned subsidiary, Blue Ridge Bank, National Association (the “Bank”), effective April 1, 2022.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.