Blue Ridge Bankshares (BRBS) 10-Q 11 May 21 2021 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 31, 2021	May 06, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
Entity Registrant Name	BLUE RIDGE BANKSHARES, INC.
Entity Central Index Key	0000842717
Current Fiscal Year End Date	--12-31
Entity File Number	001-39165
Entity Incorporation, State or Country Code	VA
Entity Tax Identification Number	54-1470908
Entity Address, Address Line One	1807 Seminole Trail
Entity Address, City or Town	Charlottesville
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	22835
City Area Code	540
Local Phone Number	743-6521
Trading Symbol	BRBS
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Title of 12(b) Security	Common Stock, no par value
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding		18,622,669
Document Quarterly Report	true
Document Transition Report	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands		Mar. 31, 2021	Dec. 31, 2020	[1]
ASSETS
Cash and due from banks		$ 273,540	$ 117,945
Federal funds sold		5,238	775
Certificates of deposit		1,018
Securities available for sale, at fair value		278,734	109,475
Restricted equity and other investments		14,821	11,173
Loans held for sale		122,453	148,209
Paycheck Protection Program loans, net of deferred fees and costs		597,626	288,533
Loans held for investment, net of deferred fees and costs		1,706,916	732,883
Less allowance for loan losses		(13,402)	(13,827)
Loans held for investment, net		1,693,514	719,056
Accrued interest receivable		10,507	5,428
Other real estate owned		594
Premises and equipment, net		29,677	14,831
Right-of-use asset		6,805	5,328
Bank owned life insurance		36,164	15,724
Goodwill		27,098	19,892
Other intangible assets		9,440	2,922
Mortgage derivative asset		5,949	5,293
Mortgage servicing rights, net		11,442	7,084
Mortgage brokerage receivable		2,546	8,516
Interest rate swap asset		7,248	1,716
Other assets		32,960	16,358
Total assets		3,167,374	1,498,258
Deposits:
Noninterest-bearing demand		617,102	333,051
Interest-bearing demand and money market deposits		751,390	282,263
Savings		159,455	78,352
Time deposits		612,171	251,443
Total deposits		2,140,118	945,109
Securities sold under repurchase agreements		1,198
FHLB borrowings		183,122	115,000
FRB borrowings		509,667	281,650
Subordinated notes, net		54,588	24,506
Lease liability		7,990	5,506
Interest rate swap liability		1,593	2,735
Other liabilities		29,364	15,552
Total liabilities		2,927,640	1,390,058
Commitments and contingencies (Note 14)
Stockholders’ Equity:
Common stock, no par value; 37,500,000 shares authorized; 18,621,531 and 8,577,932 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively	[2]	192,974	66,771
Additional paid-in capital		252	252
Retained earnings		42,239	40,688
Accumulated other comprehensive income, net of tax		4,035	264
Total stockholders' equity		239,500	107,975
Noncontrolling interest		234	225
Total stockholders’ equity		239,734	108,200
Total liabilities and stockholders’ equity		$ 3,167,374	$ 1,498,258
[1]	Derived from audited December 31, 2020 Consolidated Financial Statements.
[2]	Common stock as of the periods presented is reflective of the Company’s 3-for-2 stock split effective April 30, 2021.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical)	Mar. 31, 2021$ / sharesshares	Dec. 31, 2020$ / sharesshares
Common stock, no par value | $ / shares
Common stock, shares authorized	37,500,000	37,500,000
Common stock, shares, issued	18,621,531	8,577,932
Common stock, shares, outstanding	18,621,531	8,577,932

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2021	Mar. 31, 2019
INTEREST INCOME
Interest and fees on loans		$ 21,363	$ 9,544
Interest on taxable securities		1,130	829
Interest on nontaxable securities		52	48
Interest on deposit accounts and federal funds sold		31	2
Total interest income		22,576	10,423
INTEREST EXPENSE
Interest on deposits		1,540	1,725
Interest on subordinated notes		630	177
Interest on FHLB and FRB borrowings		389	498
Total interest expense		2,559	2,400
Net interest income		20,017	8,023
Provision for loan losses			575
Net interest income after provision for loan losses		20,017	7,448
NONINTEREST INCOME
Service charges on deposit accounts		327	272
Residential mortgage banking income, net		9,301	3,861
Mortgage servicing rights		3,371
Gain on sale of guaranteed USDA loans		1,074	20
Wealth and trust management		602
Increase in cash surrender value of bank owned life insurance		164	93
Payroll processing		270	303
Bank and purchase card, net		300	129
Other		400	162
Total noninterest income		15,809	4,840
NONINTEREST EXPENSE
Salaries and employee benefits		14,009	7,160
Occupancy and equipment		1,357	856
Data processing		845	382
Legal, issuer, and regulatory filing		576	194
Advertising and marketing		290	224
Communications		368	135
Audit and accounting fees		189	43
FDIC insurance		343	150
Intangible amortization		400	143
Other contractual services		853	175
Other taxes and assessments		348	224
Merger-related		9,019	269
Other		1,915	1,225
Total noninterest expenses		30,512	11,180
Income before income tax		5,314	1,108
Income tax expense		1,077	267
Net income		4,237	841
Net income attributable to noncontrolling interest		(9)	(9)
Net income attributable to Blue Ridge Bankshares, Inc.		4,228	832
Net income available to common stockholders		$ 4,228	$ 832
Basic and diluted earnings per common share (EPS)	[1]	$ 0.28	$ 0.10
[1]	EPS has been adjusted for all periods presented to reflect the Company’s 3-for-2 stock split effective April 30, 2021.

Consolidated Statements of In_2

Consolidated Statements of Income (Parenthetical)	Apr. 30, 2021
Subsequent Event [Member]
Stockholders equity reverse stock split	3-for-2
Stockholders equity note reverse stocks split conversion ratio	1.5

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 4,237	$ 841
Other comprehensive income (loss):
Gross unrealized losses on securities available for sale arising during the period	(3,142)	(612)
Deferred income tax benefit	660	128
Unrealized losses on securities available for sale arising during period, net of tax	(2,482)	(484)
Unrealized gains (losses) on interest rate swaps	7,915	(3,164)
Deferred income tax (expense) benefit	(1,662)	665
Unrealized gains (losses) on interest rate swaps, net of tax	6,253	(2,499)
Other comprehensive income (loss), net of tax	3,771	(2,983)
Comprehensive income (loss), net of tax	8,008	(2,142)
Comprehensive income attributable to noncontrolling interest	(9)	(9)
Comprehensive income (loss) attributable to Blue Ridge Bankshares, Inc.	$ 7,999	$ (2,151)

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands		Total		Common Stock [Member]		Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss), Net [Member]	Noncontrolling Interest [Member]
Beginning Balance at Dec. 31, 2019		$ 92,337		$ 66,204		$ 252	$ 25,428	$ 229	$ 224
Beginning Balance, Shares at Dec. 31, 2019	[1]			8,487,878
Net income		841					832		9
Other comprehensive income (loss), net of tax		(2,983)						(2,983)
Restricted stock awards, net of forfeitures		79		$ 79
Restricted stock awards, net of forfeitures, Shares	[1]			3,600
Ending Balance at Mar. 31, 2020		90,274		$ 66,283		252	26,260	(2,754)	233
Ending Balance, Shares at Mar. 31, 2020	[1]			8,491,478
Beginning Balance at Dec. 31, 2020		108,200	[2]	$ 66,771		252	40,688	264	225
Beginning Balance, Shares at Dec. 31, 2020	[1]			8,577,932
Net income		4,237					4,228		9
Other comprehensive income (loss), net of tax		3,771						3,771
Dividends on common stock		(2,677)					(2,677)
Issuance of common stock and other consideration paid in business combination		125,403		$ 125,403
Issuance of common stock and other consideration paid in business combination, Shares	[1]			9,951,743
Stock option exercises		$ 633		$ 633
Stock option exercises, Shares		44,688		67,031	[1]
Restricted stock awards, net of forfeitures		$ 167		$ 167
Restricted stock awards, net of forfeitures, Shares	[1]			24,825
Ending Balance at Mar. 31, 2021		$ 239,734		$ 192,974		$ 252	$ 42,239	$ 4,035	$ 234
Ending Balance, Shares at Mar. 31, 2021	[1]			18,621,531
[1]	Common stock outstanding as of and for the periods presented is reflective of the Company’s 3-for-2 stock split effective April 30, 2021.
[2]	Derived from audited December 31, 2020 Consolidated Financial Statements.

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Parenthetical)	Apr. 30, 2021	Mar. 17, 2021
Stock split description		On March 17, 2021, the Company announced that its board of directors had approved a three-for-two stock split (“Stock Split”) effected in the form of a 50% stock dividend on its common stock outstanding paid on April 30, 2021 to shareholders of record as of April 20, 2021.
Stockholders equity note reverse stocks split conversion ratio		1.5
Subsequent Event [Member]
Stock split description	3-for-2 stock split
Stockholders equity note reverse stocks split conversion ratio	1.5

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021		Mar. 31, 2020
Cash Flows From Operating Activities
Net income	$ 4,237		$ 841
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	453		211
Deferred income taxes	(1,002)		85
Provision for loan losses			575
Accretion of fair value adjustments (discounts) on acquired loans	(359)		(388)
Accretion of fair value adjustments (premiums) on acquired time deposits	(697)		(23)
Accretion of fair value adjustments (premiums) on acquired subordinated notes	(35)
Proceeds from sale of loans held for sale	412,139		67,362
Loans held for sale, originated	(377,854)		(104,815)
Gain on sale of loans held for sale, originated	(4,715)		(3,041)
Loss on disposal of premises and equipment	32		4
Investment amortization expense, net	463		229
Amortization of subordinated debt issuance costs	17		8
Intangible amortization	400		143
Increase in cash surrender value of bank owned life insurance	(164)		(93)
Increase in other assets	(2,873)		(12,248)
Increase in other liabilities	5,674		5,618
Net cash provided by (used in) operating activities	35,716		(45,532)
Cash Flows From Investing Activities
Net (increase) decrease in federal funds sold	(2,731)		316
Purchases of securities available for sale	(107,057)		(200)
Proceeds from calls, sales, paydowns and maturities of securities available for sale	12,490		9,012
Proceeds from calls, sales, paydowns and maturities of securities held to maturity			960
Proceeds from sale of other real estate owned	4
Net change in restricted equity securities	1,944		(1,970)
Net increase in loans held for investment	(252,760)		(17,843)
Purchase of premises and equipment	(78)		(832)
Proceeds from sale of premises and equipment	278		6
Capital calls of small business investment company funds and other investments	(376)		(38)
Net cash acquired in acquisition of Bay Banks of Virginia, Inc.	44,066
Nonincome distributions from limited liability companies	107
Net cash used in investing activities	(304,113)		(10,589)
Cash Flows From Financing Activities:
Net increase in demand, savings and other interest-bearing deposits	181,850		45,358
Net (decrease) increase in time deposits	(17,032)		1,795
Common stock dividends paid	(2,677)
Federal Home Loan Bank advances	200,000		147,300
Federal Home Loan Bank repayments	(142,000)		(131,200)
Federal Reserve Bank advances	265,908
Federal Reserve Bank repayments	(62,706)
Stock option exercises	633
Net increase in securities sold under repurchase agreements	16
Net cash provided by financing activities	423,992		63,253
Net increase in cash and due from banks	155,595		7,132
Cash and due from banks at beginning of period	117,945	[1]	60,026
Cash and due from banks at end of period	273,540		67,158
Supplemental Schedule of Cash Flow Information
Cash paid for Interest	2,039		2,289
Cash paid for Income taxes	1,000
Non-cash investing and financing activities:
Unrealized loss on available-for-sale securities	(3,142)		(612)
Issuance of restricted stock awards, net of forfeitures	167		79
Assets acquired in business combination	1,224,583
Liabilities assumed in business combination	1,107,036
Effective settlement of subordinated notes in business combination	650
Change in goodwill	$ 7,206		$ 23
[1]	Derived from audited December 31, 2020 Consolidated Financial Statements.

Organization and Basis of Prese

Organization and Basis of Presentation	3 Months Ended
	Mar. 31, 2021
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Organization and Basis of Presentation	Note 1 – Organization and Basis of Presentation Blue Ridge Bankshares, Inc. (the "Company"), a Virginia corporation, was formed in 1988 and is registered as a bank holding company under the Bank Holding Company Act of 1956, as amended. The Company is headquartered in Charlottesville, Virginia and conducts its business activities primarily through the branch offices of its wholly-owned subsidiary bank, Blue Ridge Bank, National Association (the "Bank"). The Company exists primarily for the purposes of holding the stock of its subsidiary, the Bank. The Bank operates under a national charter and is subject to regulation by the Office of the Comptroller of the Currency (the “OCC”). Consequently, it undergoes periodic examinations by this regulatory authority. On January 31, 2021, the Company completed a merger with Bay Banks of Virginia, Inc. (“Bay Banks”), a bank holding company conducting substantially all its operations through its bank subsidiary, Virginia Commonwealth Bank, and its wealth and trust management subsidiary, VCB Financial Group, Inc. (the “Financial Group”). Immediately following the Company’s merger with Bay Banks, Bay Banks’ subsidiary bank was merged with and into the Bank, while the Financial Group became a subsidiary of the Company (collectively, the “Bay Banks Merger”). The Financial Group provides management services for personal and corporate trusts, including estate planning, estate settlement and trust administration, and investment and wealth management services from its Richmond and Kilmarnock, Virginia offices. Products and services include revocable and irrevocable living trusts, testamentary trusts, custodial accounts, investment planning, brokerage services, insurance investment managed accounts, and managed and self-directed individual retirement accounts. The accompanying unaudited consolidated financial statements of the Company include the accounts of the Bank, the Financial Group, PVB Properties, LLC, and MoneyWise Payroll Solutions, Inc. (net of noncontrolling interest) and were prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and to general practices within the banking industry. All significant intercompany balances and transactions have been eliminated in consolidation. These interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. Information contained herein as of March 31, 2021 includes the balances of Bay Banks; information contained herein as of and for the year ended December 31, 2020 does not include the balances of Bay Banks. Information for the three months ended March 31, 2021 includes the operations of Bay Banks only for the period immediately following the effective date of the Bay Banks Merger (January 31, 2021) through March 31, 2021. On March 17, 2021, the Company announced that its board of directors had approved a three-for-two stock split (“Stock Split”) effected in the form of a 50% stock dividend on its common stock outstanding paid on April 30, 2021 to shareholders of record as of April 20, 2021. Cash was paid in lieu of fractional shares based on the closing price of common stock on the record date. References made to outstanding shares or per share amounts in the accompanying consolidated financial statements and disclosures have been adjusted to reflect the Stock Split for all periods presented, unless otherwise noted. Certain amounts presented in the consolidated financial statements of prior periods have been reclassified to conform to current year presentations, including the following circumstance. The reclassifications had no effect on net income, net income per share, or shareholders’ equity as previously reported. Correction of Immaterial Classification Error During the first quarter of 2021, the Company determined a loan arrangement with a third-party financial institution for the purpose of residential mortgage loan originations, which had been reported on its consolidated balance sheets in loans held for sale, should be reported as loans held for investment. The Company has changed the classification of this loan on its December 31, 2020 consolidated balance sheet to reflect it as held for investment. The change in classification resulted in a $30.4 million decrease from what was previously reported in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 in loans held for sale with a corresponding increase of the same amount in loans held for investment as of December 31, 2020. The change in classification does not affect the Company’s reported earnings for 2020, as the Company does not believe any material allowance for loan losses (“ALL”) would have been necessary for this loan as of December 31, 2020, and the Company believes its ALL was adequate as of December 31, 2020. This reclassification does not change total loans or total assets on the Company’s consolidated balance sheets. The Company has evaluated the effect of the incorrect presentation, both qualitatively and quantitatively, and concluded that it did not materially misstate the Company’s previously issued financial statements.

Amendments to the Accounting St

Amendments to the Accounting Standards Codification	3 Months Ended
	Mar. 31, 2021
New Accounting Pronouncements And Changes In Accounting Principles [Abstract]
Amendments to the Accounting Standards Codification	Note 2 – Amendments to the Accounting Standards Codification In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The amendments in this ASU, among other things, require the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. In addition, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. As a “smaller reporting company” under Securities and Exchange Commission (“SEC”) rules, the Company will be required to apply the guidance for fiscal years, and interim periods within those years, beginning after December 15, 2022. The Company has formed a cross-functional working group to assess and implement the requirements of ASU 2016-13 by the adoption date. In November 2019, the FASB issued ASU 2019-11, Codification Improvements to Topic 326, Financial Instruments – Credit Losses. This ASU addresses issues raised by stakeholders during the implementation of ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. Among other narrow-scope improvements, the new ASU clarifies guidance around how to report expected recoveries. “Expected recoveries” describes a situation in which an organization recognizes a full or partial write-off of the amortized cost basis of a financial asset, but then later determines that the amount written off, or a portion of that amount, will in fact be recovered. While applying the credit losses standard, stakeholders questioned whether expected recoveries were permitted on assets that had already shown credit deterioration at the time of purchase (also known as purchased credit-deteriorated (“PCD”) assets). In response to this question, the ASU permits organizations to record expected recoveries on PCD assets. In addition to other narrow technical improvements, the ASU also reinforces existing guidance that prohibits organizations from recording negative allowances for available-for-sale debt securities. The ASU includes effective dates and transition requirements that vary depending on whether or not an entity has already adopted ASU 2016-13. The Company is currently assessing the impact that ASU 2019-11 will have on its consolidated financial statements.

Business Combinations

Business Combinations	3 Months Ended
	Mar. 31, 2021
Business Combinations [Abstract]
Business Combinations	Note 3 – Business Combinations On January 31, 2021, the Company completed its acquisition of Bay Banks, which was accounted for as a business combination. At the effective date of the merger, Bay Banks’ shareholders received 0.5000 shares of the Company’s common stock in exchange for each share of Bay Banks common stock held (“Exchange Ratio”), plus cash in lieu of any fractional shares, resulting in the Company issuing 6,634,495 shares (9,951,743 shares on a post Stock Split basis) with an aggregate fair market value of $124.9 million based on the closing price of the Company’s common stock at January 29, 2021, the last trading day prior to the effective date of the merger, and paying $3.4 thousand in lieu of fractional shares. In addition, options to purchase 198,362 shares of Bay Banks common stock, whether vested or unvested, were converted to options to acquire 99,176 shares of the Company’s common stock (148,764 shares on a post Stock Split basis) at an estimated fair value of $472 thousand as of the merger date. Finally, Bay Banks had previously acquired $1.75 million of the Company’s subordinated notes, while the Bank had previously acquired $1.10 million of Bay Banks’ subordinated notes. In the merger, an effective settlement of the notes occurred in the amount of $650 thousand, which reduced the consideration paid. The Bay Banks Merger combined two banks with complementary capabilities and geographical focus, thus provided the opportunity for the organization to leverage its existing infrastructure, including people, processes and systems, across a larger asset base. The Company has accounted for the Bay Banks Merger under the acquisition method of accounting, whereby the acquired assets and assumed liabilities are recorded by the Company at their estimated fair values as of the effective date of the merger. Fair value estimates were based on management’s assessment of the best information available at the time of determination and are highly subjective. The following table presents the consideration paid in the merger and the summary balance sheet of Bay Banks as of the date of the merger inclusive of estimated fair value adjustments and the allocation of consideration paid in the merger to the acquired assets and assumed liabilities. The goodwill resulting from the Bay Banks Merger was $7.2 million. (Dollars in thousands, except per share data) Consideration paid: Reference: Company's common shares issued 9,951,743 A Purchase price per share $ 12.55 A, B Value of common stock issued $ 124,928 Estimated fair value of stock options 472 Cash in lieu of fractional shares 3 Total consideration paid $ 125,403 Effective settlement of subordinated notes (650 ) Total consideration paid less effective settlement of subordinated notes $ 124,753 Fair value of assets acquired: Cash and due from banks $ 44,066 Federal funds sold 1,732 Certificates of deposit 1,018 Securities available for sale 79,505 Restricted securities 4,385 Loans held for investment 1,030,433 C Loans held for sale 3,814 Premises and equipment 15,532 D Right of use asset 1,864 Other real estate owned 598 Bank owned life insurance 20,259 Mortgage servicing rights 987 Core deposit intangible 6,850 E Deferred tax asset, net 2,685 F Other assets 10,855 G Total assets $ 1,224,583 Fair value of liabilities assumed: Deposits $ 1,030,888 H FHLB borrowings 10,124 I FRB borrowings 24,815 Subordinated notes 31,850 J Other liabilities 9,359 Total liabilities $ 1,107,036 Net identifiable assets acquired at fair value $ 117,547 Goodwill $ 7,206 Reference: Explanation of reference: A Common shares issued and purchase price per share are presented on a post Stock Split basis, which was effective April 30, 2021. B The value of the shares of the Company's common stock exchanged for shares of legacy Bay Banks common stock was based upon the closing price of the Company's common stock at January 29, 2021, the last trading day prior to the date of completion of the merger on January 31, 2021. C Reflective of a $17.9 million (or 1.70%) fair value adjustment (discount) to the amortized cost of the loan portfolio acquired. D Reflective of a $4.4 million fair value adjustment (premium) over the net book value of premises and equipment acquired. E Core deposit intangible asset recorded to reflect the fair value of nonmaturity deposits, except for time deposits over $100,000, assumed by the Company. F Reflective of a $2.1 million net deferred tax asset recorded on all fair value adjustments, excluding goodwill, at the statutory federal income tax rate of 21%. G Reflective of a $203 thousand fair vale adjustment (premium) on other assets acquired. H Reflective of a $5.8 million fair value adjustment (premium) over the book value of time deposits assumed. I Reflective of a $124 thousand fair value adjustment (premium) on the $10 million Federal Home Loan Bank of Atlanta ("FHLB") advance assumed. J Reflective of a $950 thousand fair value adjustment (premium) over the book value of subordinated notes assumed. Below are the methods used to determine the fair values of the significant assets acquired and liabilities assumed in the acquisition. Cash and cash equivalents . The carrying amounts of cash, due from banks, federal funds sold, and certificates of deposit was deemed to be a reasonable estimate of fair value. Securities available for sale. The estimated fair value of investment securities acquired was based on quoted market and third-party broker provided prices as of the merger date. Restricted securities. The carrying amount of restricted equity securities was used as a reasonable estimate of fair value. These investments are carried at cost as no active trading market exists. Loans. The acquired loan portfolio was segregated into two categories for valuation purposes: purchased credit-impaired (“PCI”) and purchased performing loans. PCI loans were identified as those loans that were nonaccrual prior to the business combination and those loans that were identified as potentially impaired. Potentially impaired loans were those loans that were identified during the credit review process where there was an indication that the borrower did not have sufficient cash flows to service the loan in accordance with its terms. Specifically, loans with a risk rating of special mention or worse, loans that had been previously restructured as a troubled debt restructuring (“TDR”), or loans that had a history of delinquent payments were deemed PCI. Performing loans were those loans that were currently performing in accordance with the loan contract and did not exhibit any significant deterioration in credit quality since origination. For loans that were identified as performing, the fair values were determined using a discounted cash flow analysis (the "income approach"). Performing loans were segmented into pools based on loan type including commercial mortgages, multifamily, commercial and industrial, construction and land development, consumer residential, and consumer nonresidential, and further segmented based on payment structure (fully amortizing, non-fully amortizing balloon, or interest only), rate type (fixed versus variable), and remaining maturity. The estimated cash flows expected to be collected for each loan were determined using a valuation model that included the following key assumptions: prepayment speeds, expected credit loss rates, and discount rates. Prepayment speeds were influenced by many factors including, but not limited to, current yields, historic rate trends, payment types, interest rate type, and the duration of the individual loan. Expected credit loss rates were based on recent and historical default and loss rates observed for loans with similar characteristics, and further influenced by a third-party loan review on a selection of loans within the acquired portfolio. The discount rates used were based on rates market participants may require for cash flows with similar risk characteristics at the acquisition date. For loans that were identified as PCI, either the above income approach or the asset approach was used. The income approach was used for PCI loans where there was an expectation that the borrower would more likely than not continue to pay based on the current terms of the loan contract. Management used the asset approach for all nonaccrual loans to reflect market participant assumptions. Under the asset approach, the fair value of each loan was determined based on the estimated fair values of the underlying collateral, less estimated costs to sell. The methods used to estimate the fair values of loans are sensitive to the assumptions and estimates used. While management attempted to use assumptions and estimates that best reflected the acquired loan portfolios and current market conditions, a greater degree of subjectivity is inherent in these values than in those determined in active markets. The following table presents the purchased performing and PCI loans receivable at the date of the Bay Banks Merger and the fair value adjustments (discounts) recorded immediately following the merger. As of January 31, 2021 (dollars in thousands) Purchased Performing PCI Total Principal payments receivable $ 936,523 $ 111,766 $ 1,048,289 Fair value adjustment - credit and interest (2,784 ) (15,072 ) (17,856 ) Fair value of acquired loans $ 933,739 $ 96,694 $ 1,030,433 Premises and equipment. Land and buildings (collectively, “premises”) acquired were recorded at estimated fair value as determined by third-party appraisals at or near the merger date. Equipment, including office furniture, computers, and similar assets, were recorded at the their net book values as of the merger date, which approximated fair value. Bank owned life insurance. The carrying value of bank owned life insurance was deemed to reasonably approximate fair value. These policies are recorded at their cash surrender value, using information provided by the insurance carriers. Core deposit intangible. Core deposit intangible ("CDI") is the measure of the value of noninterest-bearing checking, savings, interest-bearing checking, money market, and certain certificates of deposits assumed in a business combination. Certificates of deposit with balances over $100,000 and brokered deposits are excluded from evaluation, as the Company determined customer related intangible assets are non-existent for these accounts. The estimated fair value of CDI was based on the present value of the expected cost savings attributable to the core deposit funding relative to an alternative funding source. The CDI is being amortized over an estimated useful life of 10 years, which approximates the existing deposit relationships acquired. Deposits. The fair values of deposit liabilities with no stated maturity (noninterest-bearing checking, savings, interest-bearing checking, and money market deposits) are equal to the carrying amounts payable on demand. The estimated fair value of the certificates of deposit represents contractual cash flows, discounted to present value using interest rates currently offered by market participants on deposits with similar characteristics and remaining maturities. FHLB borrowings. The fair value of the FHLB borrowings was estimated by discounting the future cash flows using current interest rates offered for similar advances as of the acquisition date. FRB borrowings. The fair value of Federal Reserve Bank (“FRB”) borrowings was deemed to approximate its carrying value. These borrowings are pursuant to the FRB’s Paycheck Protection Plan Liquidity Facility (“PPPLF”) and there is no comparable borrowing to advances under this facility. Subordinated notes. The fair value of the subordinated notes was estimated by utilizing recent issuance rates for subordinated debt offerings of similar issuer size near the merger date. The fair value estimates are subject to change for up to one year after the effective date of the merger, if additional information relative to effective date fair values becomes available. Impact of Certain Fair Value Adjustments The net effect of the amortization and accretion of premiums and discounts associated with the Company’s fair value adjustments to assets acquired and liabilities assumed in the Bay Banks Merger had the following effect on the Company’s consolidated income statement for the three months ended March 31, 2021. For the three months ended March 31, (dollars in thousands) 2021 Loans (1) $ 272 Time deposits (2) 687 FHLB borrowings (3) 2 Subordinated notes (4) 35 CDI (5) (226 ) Net impact to income before income taxes $ 770 (1) Loan discount accretion is included in the “Interest and fees on loans” section of “Interest Income” in the consolidated income statements. (2) Time deposit premium amortization is included in the “Interest on deposits” section of “Interest Expense” in the consolidated income statements. (3) FHLB borrowing (4) Subordinated notes premium amortization is included in the “Interest on subordinated notes” section of “Interest Expense” in the consolidated income statements. (5) CDI amortization is included in the “Intangible amortization” section of “Noninterest Expense” in the consolidated income statements. Pro Forma Financial Information The following table presents the effect of the Bay Banks Merger on the Company on a pro forma basis, as if the merger had occurred at the beginning of the three-month periods ended March 31, 2021 and 2020. There were no merger-related expenses incurred in the first quarter of 2020 related to the Bay Banks Merger. Merger-related expenses of $9.0 million for the three months ended March 31, 2021, which are included in the Company’s consolidated income statements, are not included in the pro forma information below. Merger-related expenses incurred by Bay Banks prior to the completion of the Bay Banks Merger are not included in the Company’s consolidated income statements and are also not included in the pro forma information below. Net income includes pro forma adjustments for the accretion and amortization of estimated fair value adjustments on acquired loans and assumed time deposits and borrowings, as well as amortization of estimated CDI. An income tax rate of 21% was used in determining pro forma net income. For the three months ended March 31, (dollars in thousands, except per share data) 2021 2020 Revenue (net interest income plus noninterest income) $ 39,005 $ 24,098 Net income 11,944 3,928 Earnings per common share 0.64 0.21

Investments

Investments	3 Months Ended
	Mar. 31, 2021
Schedule Of Investments [Abstract]
Investments	Investment securities available for sale are carried at fair value in the Company’s consolidated balance sheets. The following tables present amortized cost and fair values of investment securities available for sale as of the dates stated. March 31, 2021 (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available for sale State and municipal $ 31,630 $ 185 $ (339 ) $ 31,476 U.S. Treasury and agencies 54,477 56 (807 ) 53,726 Mortgage backed securities 159,239 440 (2,552 ) 157,127 Corporate bonds 35,716 738 (49 ) 36,405 Total investment securities $ 281,062 $ 1,419 $ (3,747 ) $ 278,734 December 31, 2020 (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available for sale State and municipal $ 14,069 $ 258 $ (68 ) $ 14,259 U.S. Treasury and agencies 2,500 — (91 ) 2,409 Mortgage backed securities 72,337 696 (398 ) 72,635 Corporate bonds 19,755 469 (52 ) 20,172 Total investment securities $ 108,661 $ 1,423 $ (609 ) $ 109,475 As of As of March 31, 2021 and December 31, 2020, securities with a market value of $23.6 million and $29.4 million, respectively, were pledged to secure the Bank’s borrowing facility with the FHLB. As a result of the Bay Banks Merger, the Company assumed a limited number of reverse repurchase agreements, all of which had remaining contractual maturities that were overnight and continuous. Securities sold under repurchase agreements were $1.2 million as of March 31, 2021 and are included in liabilities on the Company’s consolidated balance sheets. The securities pledged to each agreement are reviewed daily and can be changed at the option of the Bank with minimal risk of loss due to fair value changes. Securities with a fair value of $3.0 million were pledged as collateral for securities sold under repurchase agreements as of March 31, 2021, and all securities pledged were state and municipal obligations. The following table presents the amortized cost and fair value of securities available for sale by contractual maturity as of the date stated. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. March 31, 2021 (Dollars in thousands) Amortized Cost Fair Value Due in one year or less $ 20,100 $ 19,986 Due after one year through five years 52,994 53,082 Due after five years through ten years 41,606 41,811 Due after ten years 166,362 163,855 Total $ 281,062 $ 278,734 The following tables present a summary of unrealized losses and the length of time in a continuous loss position, by security type, as of the dates stated. March 31, 2021 Less than 12 Months 12 Months or Greater Total (Dollars in thousands) Number of Securities Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses State and municipal 38 $ 17,258 $ (339 ) $ — $ — $ 17,258 $ (339 ) U.S. Treasury and agencies 46 31,377 (807 ) — — 31,377 (807 ) Mortgage backed securities 37 105,822 (2,381 ) 10,182 (171 ) 116,004 (2,552 ) Corporate bonds 4 5,005 (24 ) 976 (25 ) 5,981 (49 ) Total 125 $ 159,462 $ (3,551 ) $ 11,158 $ (196 ) $ 170,620 $ (3,747 ) December 31, 2020 Less than 12 Months 12 Months or Greater Total (Dollars in thousands) Number of Securities Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses State and municipal 6 $ 3,111 $ (68 ) $ — $ — $ 3,111 $ (68 ) U.S. Treasury and agencies 1 2,410 (91 ) — — 2,410 (91 ) Mortgage backed securities 22 20,545 (65 ) 8,592 (333 ) 29,137 (398 ) Corporate bonds 7 3,242 (7 ) 1,955 (45 ) 5,197 (52 ) Total 36 $ 29,308 $ (231 ) $ 10,547 $ (378 ) $ 39,855 $ (609 ) The Company reviews for other-than-temporary impairment of its investment securities portfolio at least quarterly. As of March 31, 2021 and December 31, 2020, only investment grade securities were in an unrealized loss position. Investment securities with unrealized losses are a result of pricing changes due to recent and negative conditions in the current market environment and not as a result of permanent credit impairment. Contractual cash flows for the agency mortgage-backed securities are guaranteed and/or funded by the U.S. government. Municipal securities show no indication that the contractual cash flows will not be received when due. The Company does not intend to sell nor does it believe that it will be required to sell any of its temporarily impaired securities prior to the recovery of the amortized cost. Restricted equity investments consisted of stock in the FHLB (carrying value of $8.2 million and $5.8 million as of March 31, 2021 and December 31, 2020, respectively), FRB stock (carrying value of $4.9 million and $2.2 million as of March 31, 2021 and December 31, 2020, respectively), and stock in the Company’s correspondent bank (carrying value of $468 thousand and $248 thousand as of March 31, 2021 and December 31, 2020, respectively). Restricted equity investments are carried at cost. The Company also has various other equity investments totaling $1.2 million and $3.0 million as of March 31, 2021 and December 31, 2020, respectively, which are marked to market through the consolidated income statement each reporting period.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2021
Receivables [Abstract]
Loans and Allowance for Loan Losses	Note 5 – Loans and Allowance for Loan Losses The following table presents loans held for investment as of the dates stated. (Dollars in thousands) March 31, 2021 December 31, 2020 Commercial and industrial $ 286,835 $ 123,675 Paycheck Protection Program 608,692 292,068 Real estate – construction, commercial 155,631 54,702 Real estate – construction, residential 49,338 18,040 Real estate – mortgage, commercial 649,474 273,499 Real estate – mortgage, residential 496,301 213,404 Real estate – mortgage, farmland 5,245 3,615 Consumer 65,210 46,684 Gross loans 2,316,726 1,025,687 Less: Deferred loan fees, net of costs (12,184 ) (4,271 ) Total $ 2,304,542 $ 1,021,416 In 2020, the Company participated in the Paycheck Protection Program (“PPP”) under the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) (“PPP 1”). Through the PPP 1, which is administered by the Small Business Administration, the federal government partnered with banks, including the Bank, to provide over $650 billion to small businesses to support payrolls and other operating expenses. PPP 1 loans have a two-year term if originated prior to June 5, 2020 or a five-year term if originated on or subsequent to June 5, 2020 and earn an annual interest rate of 1%. Banks originating PPP 1 loans earned a processing fee of 1%, 3%, or 5% of the loan amount, depending on the size of the loan. The Company originated approximately $363.4 million in PPP 1 loans in 2020 and approximately $71.3 million were forgiven or paid back by the borrower by December 31, 2020. As of March 31, 2021, $261.0 million of PPP 1 loans were outstanding, including those acquired in the Bay Banks Merger. In the first quarter of 2021, the Company participated in the PPP pursuant to the Economic Aid Act, passed into law on December 27, 2020 (“PPP 2”), and through March 31, 2021, the Company had funded over 3,800 PPP 2 loans for approximately $348.0 million. PPP 2 loans have a contractual term of five years and earn an annual interest rate of 1%. Banks originating PPP 2 loans earn processing fees that are tiered depending on the size of the loan. Specifically, processing fees for loans of not more than $50,000 equal 50% of the loan balance or $2,500, whichever is less; processing fees for loans more than $50,000 and not more than $350,000 equal 5% of the loan balance, and processing fees for loans above $350,000 equal 3% of the loan balance. As of March 31, 2021, no PPP 2 loans had been forgiven. The Company believes that the majority of PPP 1 and PPP 2 loans will be forgiven, in accordance with the terms of the program, and will be paid in full pursuant to the U.S. government guarantee. The Company is accounting for the PPP processing fees in accordance with ASC 310-20, Receivables - Nonrefundable Fees and Other Costs, which requires fees, net of costs, to be deferred and amortized as a component of loan yield over the expected life of the loans, which the Company believes is 1.5 years for PPP 1 loans and one to three years for PPP 2 loans, depending on the loan balance. Of the $11.5 million of processing fees received in 2020 for PPP 1 loans, approximately $1.3 million of unamortized fees remain as of March 31, 2021, with $2.2 million recognized as a component of interest income in the first quarter of 2021. Of the $11.2 million of net processing fees received in the first quarter of 2021 for PPP 2 loans, approximately $10.1 million of unamortized fees remain as of March 31, 2021, with $1.1 million recognized as interest income in three months ended March 31, 2021. From the onset of the global COVID-19 pandemic, the Company has proactively addressed the needs of its commercial and individual borrowers by modifying loans allowing for the short-term deferral of principal payments or of principal and interest payments. Pursuant to the CARES Act, banks have the option to temporarily suspend certain requirements of GAAP related to TDRs for a limited period of time if certain conditions are met. All loan modifications made by the Company were made on a good faith basis to borrowers who met the requirements for modifications under the CARES Act. As a result of regulatory and accounting guidance regarding such modifications, the loans are not designated as TDRs, as of March 31, 2021 and December 31, 2020. In response to the COVID-19 pandemic, during 2020, the Company approved over 550 loan deferrals for a total of $110.6 million. In addition, Bay Banks approved nearly 400 loan deferrals for approximately $160.0 million. Most of these loans are now past the deferment period and are back on normal payment schedules, and as of March 31, 2021, 30 loans were in deferment for a total of approximately $31.0 million. The Company has pledged certain commercial and residential mortgages as collateral for borrowings with the FHLB. Loans totaling $567.0 million and $213.3 million were pledged as of March 31, 2021 and December 31, 2020, respectively. Additionally, PPP loans in the amount of $509.7 million and $281.6 million were pledged as collateral for PPPLF advances as of March 31, 2021 and December 31, 2020, respectively. As a result of the Bay Banks Merger and the 2019 acquisition of Virginia Community Bankshares, Inc., the acquired loan portfolios were initially measured at fair value as of the respective acquisition dates and subsequently accounted for as either purchased performing loans or PCI loans. The following table presents the outstanding principal balance and related recorded investment of these acquired loans included in the Company’s consolidated balance sheets as of the dates stated. (Dollars in thousands) March 31, 2021 December 31, 2020 PCI loans Outstanding principal balance $ 112,964 $ 1,278 Recorded investment 97,892 1,085 Purchased performing loans Outstanding principal balance 967,580 97,301 Recorded investment 964,056 96,317 Total acquired loans Outstanding principal balance 1,080,544 98,579 Recorded investment 1,061,948 97,402 The following table presents the changes in the accretable yield for PCI loans for the periods stated. For the three months ended (Dollars in thousands) March 31, 2021 March 31, 2020 Balance, beginning of period $ 123 $ 188 Additions 10,030 — Accretion (840 ) (16 ) Reclassification of nonaccretable difference due to improvement in expected cash flows 104 — Other changes, net 22 (1 ) Balance, end of period $ 9,439 $ 171 The following tables present the aging of the recorded investment of loans held for investment as of the dates stated. March 31, 2021 (Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days Past Due & Accruing Nonaccrual Total Past Due & Nonaccrual PCI Loans Current Loans Total Loans Commercial and industrial $ 1,166 $ 128 $ — $ 1,432 $ 2,726 $ 10,213 $ 273,896 $ 286,835 Paycheck Protection Program — — — — — — 608,692 608,692 Real estate – construction, commercial 310 — — — 310 31,049 124,272 155,631 Real estate – construction, residential 1,185 — — 262 1,447 — 47,891 49,338 Real estate – mortgage, commercial 3,287 685 — 2,032 6,004 47,520 595,950 649,474 Real estate – mortgage, residential 6,027 800 7 965 7,799 7,379 481,123 496,301 Real estate – mortgage, farmland — — — — — — 5,245 5,245 Consumer 752 145 — 655 1,552 1,731 61,927 65,210 Less: Deferred loan fees, net of costs — — — — — — (12,184 ) (12,184 ) Total Loans $ 12,727 $ 1,758 $ 7 $ 5,346 $ 19,838 $ 97,892 $ 2,186,812 $ 2,304,542 December 31, 2020 (Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days Past Due & Accruing Nonaccrual Total Past Due & Nonaccrual PCI Loans Current Loans Total Loans Commercial and industrial $ 1,117 $ — $ — $ 1,310 $ 2,427 $ — $ 121,248 $ 123,675 Paycheck Protection Program — — — — — — 292,068 292,068 Real estate – construction, commercial — — — — — 35 54,667 54,702 Real estate – construction, residential 262 — — — 262 — 17,778 18,040 Real estate – mortgage, commercial 771 211 — 3,643 4,625 808 268,066 273,499 Real estate – mortgage, residential 1,062 — 46 881 1,989 242 211,173 213,404 Real estate – mortgage, farmland — — — — — — 3,615 3,615 Consumer 935 334 — 714 1,983 — 44,701 46,684 Less: Deferred loan fees, net of costs — — — — (4,271 ) (4,271 ) Total Loans $ 4,147 $ 545 $ 46 $ 6,548 $ 11,286 $ 1,085 $ 1,009,045 $ 1,021,416 The following tables present the aging of the recorded investment of PCI loans as of the dates stated. March 31, 2021 (Dollars in thousands) 30-89 Days Past Due Greater than 90 Days Past Due & Accruing Current Loans Total Loans Commercial and industrial $ — $ 187 $ 10,026 $ 10,213 Real estate – construction, commercial 8 10 31,032 31,050 Real estate – mortgage, commercial 722 29 46,768 47,519 Real estate – mortgage, residential 739 978 5,662 7,379 Consumer — 4 1,727 1,731 Total PCI Loans $ 1,469 $ 1,208 $ 95,215 $ 97,892 December 31, 2020 (Dollars in thousands) 30-89 Days Past Due Greater than 90 Days Past Due & Accruing Current Loans Total Loans Real estate – construction, commercial — — 35 35 Real estate – mortgage, commercial 224 — 584 808 Real estate – mortgage, residential 35 — 207 242 Total PCI Loans $ 259 $ — $ 826 $ 1,085 T he Company prepares a quarterly analysis of the ALL, with the objective of quantifying portfolio risk into a dollar amount of inherent losses. The ALL is established as losses are estimated to have occurred through a provision for loan losses charged against income and decreased by loans charged-off (net of recoveries, if any). Management’s periodic evaluation of the adequacy of the ALL is based on past loan loss experience, known and inherent risks in the portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral, and current economic conditions. While management uses the best information available to make evaluations, future adjustments may be necessary, if economic or other conditions differ substantially from the assumptions used. The allowance consists of specific and general components. The specific component relates to loans that are identified as impaired. For loans that are classified as impaired, an allowance is established when the discounted cash flows or the net realizable value, which is equal to the estimated fair value less estimated costs to sell, of the impaired loan is lower than the carrying value of that loan. The general component covers non-classified loans and those loans classified that are not impaired and is based on historical loss experience adjusted for other internal or external influences on credit quality that are not fully reflected in the historical data. The Company follows applicable guidance issued by the Financial Accounting Standards Board. This guidance requires that losses be accrued when they are probable of occurring and can be estimated. It also requires that impaired loans, within its scope, be measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate, except that as a practical expedient, a creditor may measure impairment based on a loan’s observable market price, or the fair value of the collateral if the loan is collateral dependent. PPP loans are fully guaranteed by the U.S. government; therefore, the Company recorded no ALL for these loans as of March 31, 2021 and December 31, 2020. In future periods, the Company may be required to establish an ALL for these loans, which would result in a provision for loan losses charged to earnings. The following tables present a summary of the loan portfolio individually and collectively evaluated for impairment as of the dates stated. (Dollars in thousands) Individually Evaluated for Impairment Collectively Evaluated for Impairment Total March 31, 2021 Originated and purchased performing loans: Commercial and industrial $ 3,169 $ 273,453 $ 276,622 Real estate – construction, commercial 540 124,041 124,581 Real estate – construction, residential — 49,338 49,338 Real estate – mortgage, commercial 1,391 600,564 601,955 Real estate – mortgage, residential 592 488,330 488,922 Real estate – mortgage, farmland — 5,245 5,245 Consumer — 63,479 63,479 Total originated and purchased performing loans 5,692 1,604,450 1,610,142 PCI loans: Commercial and industrial — 10,213 10,213 Real estate – construction, commercial — 31,050 31,050 Real estate – mortgage, commercial — 47,519 47,519 Real estate – mortgage, residential — 7,379 7,379 Consumer — 1,731 1,731 Total PCI loans — 97,892 97,892 Gross loans 5,692 1,702,342 1,708,034 Less: Deferred loan fees, net of costs — (1,118 ) (1,118 ) Total $ 5,692 $ 1,701,224 $ 1,706,916 (Dollars in thousands) Individually Evaluated for Impairment Collectively Evaluated for Impairment Total December 31, 2020 Originated and purchased performing loans: Commercial and industrial $ 234 $ 123,441 $ 123,675 Real estate – construction, commercial — 54,667 54,667 Real estate – construction, residential — 18,040 18,040 Real estate – mortgage, commercial 1,645 271,046 272,691 Real estate – mortgage, residential 452 212,710 213,162 Real estate – mortgage, farmland — 3,615 3,615 Consumer — 46,684 46,684 Total originated and purchased performing loans 2,331 730,203 732,534 PCI loans: Real estate – construction, commercial — 35 35 Real estate – mortgage, commercial — 808 808 Real estate – mortgage, residential — 242 242 Total PCI loans — 1,085 1,085 Gross loans 2,331 731,288 733,619 Less: Deferred loan fees, net of costs — (736 ) (736 ) Total $ 2,331 $ 730,552 $ 732,883 The tables above exclude gross PPP loans of $608.7 million and $292.1 million as of March 31, 2021 and December 2020, respectively. The Company carries no ALL on PPP loans as these loans are fully guaranteed by the U.S. government. The following tables present information related to impaired loans by loan type as of the dates presented. March 31, 2021 (Dollars in thousands) Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no specific allowance recorded: Real estate – construction, commercial $ 540 $ 539 $ — $ 542 $ 8 Real estate – mortgage, commercial 1,391 1,460 — 1,384 14 Real estate – mortgage, residential 592 591 — 583 6 Commercial and industrial 3,169 3,162 — 3,250 35 $ 5,692 $ 5,752 $ — $ 5,217 $ 63 December 31, 2020 (Dollars in thousands) Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no specific allowance recorded: Real estate – mortgage, commercial $ 1,645 $ 2,030 $ — $ 2,091 $ 4 Real estate – mortgage, residential 452 571 — 538 2 With an allowance recorded: Commercial and industrial 234 234 144 362 — $ 2,331 $ 2,835 $ 144 $ 2,991 $ 6 Impaired loans also include certain loans that have been modified in TDRs where economic concessions have been granted to borrowers who have experienced or are expected to experience financial difficulties. These concessions typically result from the Company’s loss mitigation activities and could include reductions in the interest rate, payment extensions, forgiveness of principal, forbearance or other actions. Certain TDRs are classified as non-performing at the time of restructure and may only be returned to performing status after considering the borrower’s sustained repayment performance for a reasonable period, generally six months. The Company had three TDRs in the amount of $293 thousand as of March 31, 2021, two of which were classified as a TDR due to a change in interest rate and payment terms and one of which was classified as a TDR due to a change in payment terms. The Company had two TDRs in the amount of $142 thousand as of December 31, 2020, one of which was classified as a TDR due to a change in interest rate and payment terms and the other loan was classified as a TDR due to a change in payment terms. The following table presents an analysis of the change in the ALL by loan type as of and for the periods stated. For the three months ended (Dollars in thousands) March 31, 2021 March 31, 2020 ALL, beginning of period $ 13,827 $ 4,572 Charge-offs Commercial and industrial $ (359 ) $ — Real estate – mortgage (12 ) — Consumer (263 ) (319 ) Total charge-offs (634 ) (319 ) Recoveries Commercial and industrial 56 1 Real estate – mortgage 16 — Consumer 137 68 Total recoveries 209 69 Net charge-offs (425 ) (250 ) Provision for loan losses — 575 ALL, end of period $ 13,402 $ 4,897 The following tables summarize the primary segments of the ALL, segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment for the periods stated. For the three months ended March 31, 2021 (Dollars in thousands) Commercial and Industrial Real Estate – Construction Commercial Real Estate – Construction Residential Real Estate – Mortgage, Commercial Real Estate – Mortgage, Residential Real Estate – Mortgage, Farmland Consumer Total ALL, beginning of period $ 3,762 $ 960 $ 150 4,215 $ 1,481 $ 18 $ 3,241 $ 13,827 Charge-offs (359 ) — — — (12 ) — (263 ) (634 ) Recoveries 56 — — — 16 — 137 209 Provision for loan losses — — — — — — — — ALL, end of period $ 3,459 $ 960 $ 150 $ 4,215 $ 1,485 $ 18 $ 3,115 $ 13,402 Individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — $ — Collectively evaluated for impairment $ 3,459 $ 960 $ 150 $ 4,215 $ 1,485 $ 18 $ 3,115 $ 13,402 For the three months ended March 31, 2020 (Dollars in thousands) Commercial and Industrial Real Estate – Construction Commercial Real Estate – Construction Residential Real Estate – Mortgage Commercial Real Estate – Mortgage Residential Real Estate – Mortgage, Farmland Consumer Total ALL, beginning of period $ 841 $ 220 $ 60 1,604 $ 510 $ 9 $ 1,328 $ 4,572 Charge-offs — — — — — — (319 ) (319 ) Recoveries 1 — — — — — 68 69 Provision for loan losses 86 27 11 62 16 — 373 575 ALL, end of period $ 928 $ 247 $ 71 $ 1,666 $ 526 $ 9 $ 1,450 $ 4,897 Individually evaluated for impairment $ 144 $ — $ — $ — $ — $ — $ — $ 144 Collectively evaluated for impairment $ 784 $ 247 $ 71 $ 1,666 $ 526 $ 9 $ 1,450 $ 4,753 The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as current financial information, historical payment experience, collateral adequacy, credit documentation, and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans as to credit risk (loan grade). This analysis typically includes larger non-homogeneous loans, such as commercial real estate and commercial and industrial loans. This analysis is performed on an ongoing basis as new information is obtained. The following tables present the Company’s loan portfolio by internal loan grade as of the dates stated. March 31, 2021 (Dollars in thousands) Grade 1 Prime Grade 2 Desirable Grade 3 Good Grade 4 Acceptable Grade 5 Pass/Watch Grade 6 Special Mention Grade 7 Substandard Total Commercial and industrial $ 1,218 $ 552 $ 125,985 $ 128,054 $ 13,434 $ 7,300 $ 10,292 $ 286,835 Paycheck Protection Program 608,692 — — — — — — 608,692 Real estate – construction, commercial — 650 36,028 78,234 9,045 29,605 2,069 155,631 Real estate – construction, residential 147 74 21,005 20,622 7,228 — 262 49,338 Real estate – mortgage, commercial — 2,645 316,340 228,523 47,630 45,092 9,244 649,474 Real estate – mortgage residential 536 9,561 329,777 131,986 15,773 2,870 5,798 496,301 Real estate – mortgage, farmland 410 — 1,220 3,615 — — — 5,245 Consumer 398 23 18,806 42,638 2,191 497 657 65,210 Gross loans $ 611,401 $ 13,505 $ 849,161 $ 633,672 $ 95,301 $ 85,364 $ 28,322 $ 2,316,726 Less: Deferred loan fees, net of costs (12,184 ) Total $ 2,304,542 December 31, 2020 (Dollars in thousands) Grade 1 Prime Grade 2 Desirable Grade 3 Good Grade 4 Acceptable Grade 5 Pass/Watch Grade 6 Special Mention Grade 7 Substandard Total Commercial and industrial $ 844 $ 484 $ 23,828 $ 85,928 $ 7,251 $ 4 $ 5,336 $ 123,675 Paycheck Protection Program 292,068 — — — — — — 292,068 Real estate – construction, commercial — 2,143 19,524 26,324 5,916 218 577 54,702 Real estate – construction, residential — — 3,073 8,247 6,458 — 262 18,040 Real estate – mortgage, commercial — 3,994 128,163 114,977 15,799 2,968 7,598 273,499 Real estate – mortgage residential — 3,583 101,078 100,601 5,750 158 2,234 213,404 Real estate – mortgage, farmland 444 — 1,175 1,996 — — — 3,615 Consumer 324 36 17,062 28,033 521 1 707 46,684 Gross loans $ 293,680 $ 10,240 $ 293,903 $ 366,106 $ 41,695 $ 3,349 $ 16,714 $ 1,025,687 Less: Deferred loan fees, net of costs (4,271 ) Total $ 1,021,416

Goodwill and Intangibles

Goodwill and Intangibles	3 Months Ended
	Mar. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Intangibles	Note 6 – Goodwill and Intangibles Goodwill and intangible assets acquired in a business combination and determined to have an indefinite useful life are not amortized, but tested for impairment at least annually or more frequently if events and circumstances exists that indicate that a goodwill impairment test should be performed. Intangible assets with definite useful lives are amortized over their estimated useful lives, which range from 5 to 12 years. Goodwill is the only intangible asset with an indefinite life on the Company’s consolidated balance sheets. The following table presents the components of goodwill as of the dates stated. (Dollars in thousands) Year of acquisition March 31, 2021 December 31, 2020 Charlottesville branch acquisition 2011 $ 366 $ 366 River Bancorp, Inc. acquisition 2016 1,728 1,728 Mortgage business acquisition 2018 600 600 Hammond Insurance Agency acquisition 2019 613 613 Virginia Community Bankshares, Inc. acquisition 2019 16,585 16,585 Bay Banks Merger 2021 7,206 — $ 27,098 $ 19,892 The following table presents information on amortizable intangible assets included on the Company’s consolidated balance sheets as of the dates stated. Gross Net (Dollars in thousands) Carrying Accumulated Carrying March 31, 2021 Value Amortization Value Core deposit intangibles $ 9,626 $ (1,683 ) $ 7,943 Other amortizable intangibles 2,528 (1,031 ) 1,497 Total $ 12,154 $ (2,714 ) $ 9,440 Gross Net (Dollars in thousands) Carrying Accumulated Carrying December 31, 2020 Value Amortization Value Core deposit intangibles $ 2,776 $ (1,366 ) $ 1,410 Other amortizable intangibles 2,528 (1,016 ) 1,512 Total $ 5,304 $ (2,382 ) $ 2,922 As a result of the Bay Banks Merger, a core deposit intangible asset of $6.9 million was recorded as of the acquisition date and is being amortized on an accelerated basis over 10 years using the sum-of-years digits method. Included in other amortizable intangibles were loan servicing assets of $277 thousand and $209 thousand at March 31, 2021 and December 31, 2020, respectively, related to the sale of the government guaranteed portion of certain loans that the Company continues to service. Loan servicing assets of $68 thousand and $189 thousand were added during the three months ended March 31, 2021 and the year ended December 31, 2020, respectively. The amortization of these intangibles is included in interest and fees on loans in the Company’s consolidated statement of income. The Company retains servicing rights on mortgages originated and sold to the secondary market. The Company records mortgage servicing rights (“MSR”) initially at fair value and subsequently accounts for them under the amortization method, pursuant to which an impairment assessment is performed each reporting period. The amortization method requires that the MSR assets be recorded at the lower of cost or fair value. As of March 31, 2021 and December 31, 2020, the carrying value of MSR assets were $11.4 million and $7.1 million, respectively.

Other Real Estate Owned

Other Real Estate Owned	3 Months Ended
	Mar. 31, 2021
Other Real Estate [Abstract]
Other Real Estate Owned	Note 7 – Other Real Estate Owned The following table presents the number and carrying values of properties included in other real estate owned (“OREO”) as of the dates stated. March 31, 2021 December 31, 2020 Number of Carrying Number of Carrying Properties Value Properties Value Residential 1 $ — 1 $ — Land 6 420 — — Commercial properties 1 174 — — Total other real estate owned 8 $ 594 1 $ — As a result of the Bay Banks Merger, the Company acquired $598 thousand of OREO as of the merger date. As of March 31, 2021, the carrying value of the OREO portfolio totaled $594 thousand. As of December 31, 2020, the Company had one OREO property with a carrying value of $0 that was acquired in 2019 as a result of the merger with Virginia Community Bankshares, Inc. No residential mortgage loans were in the process of foreclosure as of March 31, 2021.

Borrowings

Borrowings	3 Months Ended
	Mar. 31, 2021
Debt Disclosure [Abstract]
Borrowings	Note 8 – Borrowings FHLB Borrowings The Bank has a borrowing facility from the FHLB secured by the Bank’s real estate loans and certain pledged securities. The FHLB will lend up to 30% of the Bank’s total assets as of the prior quarter end, subject to certain eligibility requirements, including adequate collateral. The available line of credit totaled $426.8 million as of March 31, 2021. The Bank had borrowings from the FHLB that totaled $183.1 million and $115.0 million as of March 31, 2021 and December 31, 2020, respectively. Of these advances, the Company assumed $10.1 million in the Bay Banks Merger. The borrowings also required the Bank to own $8.2 million of FHLB stock, as March 31, 2021, which is included in restricted equity investments on the Company’s consolidated balance sheets. The following table presents information regarding FHLB advances outstanding as of the date stated. March 31, 2021 Stated Originated Interest Maturity (Dollars in thousands) Balance Date Rate Date Convertible $ 10,122 2/28/2020 0.56 % 2/28/2030 Daily Rate Credit 31,000 11/6/2020 0.36 % 11/8/2021 Fixed Rate Credit 15,000 1/4/2021 0.23 % 4/1/2021 Fixed Rate Credit 25,000 2/2/2021 0.21 % 5/3/2021 Fixed Rate Credit 35,000 2/8/2021 0.18 % 5/6/2021 Fixed Rate Credit 10,000 2/26/2021 0.19 % 5/28/2021 Fixed Rate Credit 10,000 2/26/2021 0.19 % 5/28/2021 Fixed Rate Credit 27,000 3/8/2021 0.18 % 4/8/2021 Fixed Rate Credit 20,000 3/17/2021 0.17 % 6/17/2021 Total FHLB borrowings $ 183,122 As of March 31, 2021, 1-4 family residential loans held for investment with a lendable value of $229.3 million, multi-family residential loans with a lendable value of $34.4 million, commercial real estate loans with a lendable value of $117.3 million, 1-4 family residential loans held for sale with a lendable value of $23.3 million, and securities with a lendable value of $22.6 million were pledged against the available line of credit with the FHLB. The Bank also has letters of credit with the FHLB totaling $59.0 million for the purpose of collateral for public deposits with the Treasury Board of the Commonwealth of Virginia . FRB Borrowings In the second quarter of 2020, the Company began participating in the FRB’s PPPLF, which allows banks to pledge PPP loans as collateral in exchange for advances. The PPPLF advances are at 100% of the PPP loan value and term, have a fixed annual cost of 35 basis points, and receive favorable regulatory capital treatment. As of March 31, 2021, these FRB borrowings were composed of 77 PPPLF advances, totaling $509.7 million with maturities ranging from 1.0 to 4.9 years. Of this balance, 6 PPPLF advances totaling $24.8 million were assumed by the Company in the Bay Banks Merger. As of December 31, 2020, the Company’s FRB borrowings were composed of 23 PPPLF advances, totaling $281.6 million with maturities ranging from 1.2 years to 4.5 years. Other Borrowings The Company has unsecured lines of credit with correspondent banks, which totaled $79.0 million and $38.0 million at March 31, 2021 and December 31, 2020, respectively. These lines bear interest at the prevailing rates for such loans and are cancellable any time by the correspondent bank. As of March 31, 2021 and December 31, 2020, none of these lines of credit with correspondent banks were drawn upon. The Company had $54.6 million and $24.5 million of subordinated notes, net, outstanding as of March 31, 2021 and December 31, 2020, respectively. The Company assumed $30.9 million par value (or $31.9 million fair value) of subordinated notes in the Bay Banks Merger, which is composed of an issuance in October 2019 and maturing October 15, 2029 (the “2029 Bay Banks Notes”) and an issuance in May 2015 and maturing May 28, 2025 (the “2025 Bay Banks Notes”). The Bay Banks 2029 Notes bear interest at 5.625% per annum, through October 14, 2024, payable semi-annually in arrears. From October 15, 2024 through October 14, 2029, or up to an early redemption date, the interest rate shall reset quarterly to an interest rate per annum equal to the then current three-month Secured Overnight Funding Rate (“SOFR”) (as defined in the 2029 Bay Banks Notes) plus 433.5 basis points, payable quarterly in arrears. The Bay Banks 2029 Notes are unsecured, subordinated obligations of the Company and rank junior in right of payment to the Company’s existing and future senior indebtedness and rank in parity with the other subordinated notes issued by the Company. Beginning on October 15, 2024 through maturity, the 2029 Bay Banks Notes may be redeemed, at the Company's option, on any scheduled interest payment date. As of March 31, 2021, the net carrying amount of the 2029 Bay Banks Notes was $25.4 million, inclusive of a $855 thousand purchase accounting adjustment (premium). For the three months ended March 31, 2021, the effective interest rate on the 2029 Bay Banks Notes was 4.74%, inclusive of the amortization of the purchase accounting adjustment (premium) recorded at the effective date of the Bay Banks Merger. The 2025 Bay Banks Notes bear interest, payable on the first of March and September of each year, at a fixed interest rate of 6.50% per year. The Company has the right to redeem the 2025 Bay Banks Notes, in whole or in part, without premium or penalty, at any interest payment date. The 2025 Bay Banks Notes are unsecured, subordinated obligations of the Company and rank junior in right of payment to the Company’s existing and future senior indebtedness and rank in parity with the other subordinated notes issued by the Company. As of March 31, 2021, the net carrying amount of the 2025 Bay Banks Notes was $6.5 million, inclusive of a $60 thousand purchase accounting adjustment (premium). For the three months ended March 31, 2021, the effective interest rate on the 2025 Bay Banks Notes was 4.84%, inclusive of the amortization of the purchase accounting adjustment (premium) recorded at the effective date of the Bay Banks Merger. On May 28, 2020, the Company issued a subordinated note with a principal amount of $15.0 million which matures on June 1, 2030 (the “2030 Note”). The aggregate carrying value of the 2030 Note, including capitalized, unamortized debt issuance costs, was $14.7 million as of March 31, 2021. For the three months ended March 31, 2021, the effective interest rate on the 2020 Note was 6.13%. On November 20, 2015, the Company issued an aggregate of $10.0 million of subordinated notes to institutional accredited investors, which mature on December 1, 2025 (the “2025 Notes”). The Company has the right to redeem the 2025 Notes, in whole or in part, without premium or penalty, at any interest payment date. The aggregate carrying value of the 2025 Notes, including capitalized, unamortized debt issuance costs, was $8.0 million as of March 31, 2021. For the three months ended March 31, 2021 and 2020, the effective interest rate on the 2025 notes was 5.56% and 6.88%, respectively.

Derivatives

Derivatives	3 Months Ended
	Mar. 31, 2021
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivatives	Note 9 – Derivatives The Company enters into interest rate swap agreements (‘‘swap agreements’’) to facilitate the risk management strategies to accommodate the needs of its banking customers. The Company mitigates the risk of entering into these loan agreements by entering into equal and offsetting swap agreements with highly rated third-party financial institutions. These back-to-back swap agreements are free-standing derivatives and are recorded at fair value in the Company’s consolidated balance sheets (asset positions are included in other assets and liability positions are included in other liabilities). The following tables present the notional and fair value of interest rate swaps recorded as other assets and other liabilities on the Company’s consolidated balance sheets as of the dates stated. March 31, 2021 (Dollars in thousands) Notional Amount Fair Value Interest rate swap agreement Receive fixed/pay variable swaps $ 2,088 $ 215 Pay fixed/receive variable swaps 2,088 (215 ) December 31, 2020 (Dollars in thousands) Notional Amount Fair Value Interest rate swap agreement Receive fixed/pay variable swaps $ 2,100 $ 339 Pay fixed/receive variable swaps 2,100 (339 ) The Company has entered into various cash flow hedges as defined by ASC 815-20, Derivatives and Hedging 3-Month LIBOR Cash & Securities Period Hedged Hedged Notional Exposure Hedged From To $ 15,000 $ 15,000 July 1, 2019 July 1, 2022 $ 25,000 $ 25,000 August 2, 2019 February 2, 2023 $ 10,000 $ 10,000 August 29, 2019 August 29, 2023 Each hedge layer has a variable receive leg of 3-month LIBOR and a fixed pay leg of 1.80%. At the time the hedges identified in the table above expire, new hedges will begin summarized as follows (in thousands): 3-Month LIBOR Cash & Securities Period Hedged Hedged Notional Exposure Hedged From To $ 15,000 $ 15,000 July 1, 2022 July 1, 2032 $ 25,000 $ 25,000 February 2, 2023 February 2, 2033 $ 10,000 $ 10,000 August 29, 2023 August 29, 2033 Each hedge layer has a variable receive leg of 3-month LIBOR and a fixed pay leg ranging from 0.92% to 0.95%. Beginning in 2020, the Company entered into three additional hedges summarized as follows (in thousands): 3-Month LIBOR Cash & Securities Period Hedged Hedged Notional Exposure Hedged From To $ 20,000 $ 20,000 March 13, 2020 March 13, 2030 $ 35,000 $ 35,000 May 6, 2020 May 6, 2027 $ 10,000 $ 10,000 May 29, 2020 May 29, 2027 Each hedge layer has a variable receive leg of 3-month LIBOR and a fixed pay leg ranging from 0.83% to 0.86%. The Company has the intent and ability to fund the 3-month rate advances during the term of these cash flow hedges. Interest rate swap assets and liabilities were $7.2 million and $1.6 million, respectively, as of March 31, 2021, and $1.7 million and $2.7 million, respectively, as of December 31, 2020. The Company had cash collateral with the counterparties of $6.0 million included within other assets on the consolidated balance sheets as of March 31, 2021 and December 31, 2020. The Bank also participates in a “mandatory” delivery program for its government guaranteed and conventional mortgage loans held for sale. Under the mandatory delivery program, loans with interest rate locks are paired with the sale of a to-be-announced mortgage-backed security bearing similar attributes. Under the mandatory delivery program, the Bank commits to deliver loans to an investor at an agreed upon price after the close of such loans. This differs from a “best efforts” delivery, which sets the sale price with the investor on a loan-by-loan basis when each loan is locked. The Bank had entered into $129.8 million and $154.3 million of rate lock commitments with borrowers, net of expected fallout, as of March 31, 2021 and December 31, 2020, respectively, and $87.7 million and $97.1 million of closed loan inventory waiting for sale, which were hedged by $182.5 million and $225.0 million in forward to-be-announced mortgage-backed securities as of March 31, 2021 and December 31, 2020, respectively. Mortgage derivative assets of $5.9 million and $5.3 million and mortgage derivative liabilities of $0 and $1.6 million were included in other liabilities on the consolidated balance sheets as of March 31, 2021 and December 31, 2020, respectively.

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-Based Compensation	Note 10 – Stock-Based Compensation The Company has granted restricted stock awards to employees and directors under the Company’s 2017 Equity Incentive Plan. The restricted stock awards are considered fixed awards as the number of shares and fair value is known at the date of grant, and the fair value of the award at the grant date is amortized over the requisite service period. Compensation expense recognized in the consolidated statements of income related to restricted stock awards, net of forfeitures, was $167 thousand and $79 thousand for the three months ended March 31, 2021 and 2020, respectively. At March 31, 2021, restricted stock awards relating to 115,617 shares of the Company’s common stock were outstanding (173,425 shares on a post Stock Split basis) totaling $1.4 million of unrecognized compensation expense as of the same date. The Company converted options to purchase 198,362 shares of Bay Banks common stock into options to acquire 99,176 shares (148,764 on a post Stock Split basis) of the Company’s common stock pursuant to the Bay Banks Merger. The converted stock options are fully vested, and the estimated fair value as of the effective date of the merger was $472 thousand and included in the Bay Banks Merger consideration. The estimated fair value of $472 thousand was determined using the Black-Scholes Model, which requires the use of assumptions including the risk-free interest rate, expected term, expected volatility (of the underlying stock), and expected dividend yield. The following table presents the ranges and weighted-averages of assumptions used in the Black-Scholes Model to determine the estimated fair value of the converted stock options from the Bay Banks Merger. As of January 31, 2021 Range Weighted-average Risk free interest rate (U.S. Treasury) 0.06% - 0.45% 0.32% Expected term (years) 0.14 - 5.00 3.89 Expected volatility 21.2% - 38.2% 32.8% Expected dividend yield 2.85% 2.85% The weighted-average exercise price and remaining contractual life (in years) of the stock options as of the date of the Bay Banks Merger was $14.83 per stock option ($9.89 on a post Stock Split basis) and 5.47 years, respectively. During the first quarter of 2021, 44,688 stock options were exercised (67,031 on a post Stock Split basis), resulting in 54,488 options outstanding (81,732 on a post Stock Split basis) as of March 31, 2021.

Fair Value

Fair Value	3 Months Ended
	Mar. 31, 2021
Fair Value Disclosures [Abstract]
Fair Value	Note 11 – Fair Value The fair value of a financial instrument is the current amount that would be exchanged between willing parties in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Fair value is best determined based upon quoted market prices. However, in many instances, there are no quoted market prices for the Company’s various financial instruments. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. Accordingly, the fair value estimates may not be realized in an immediate settlement of the instrument. The Company records fair value adjustments to certain assets and liabilities and determines fair value disclosures utilizing a definition of fair value of assets and liabilities that states that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. Additional considerations are involved to determine the fair value of financial assets in markets that are not active. The Company uses a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s market assumptions. The three levels of the fair value hierarchy based on these two types of inputs are as follows: Level 1 – Valuation is based on quoted prices in active markets for identical assets and liabilities. Level 2 – Valuation is based on observable inputs including quoted prices in active markets for similar assets and liabilities, quoted prices for identical or similar assets and liabilities in less active markets, and model-based valuation techniques for which significant assumptions can be derived primarily from or corroborated by observable data in the market. Level 3 – Valuation is based on model-based techniques that use one or more significant inputs or assumptions that are unobservable in the market. The following describes the valuation techniques used by the Company to measure certain financial assets and liabilities recorded at fair value on a recurring basis in the financial statements: Securities Where quoted prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. Level 1 securities would include highly liquid government bonds, mortgage products and exchange traded equities. If quoted market prices are not available, then fair values are estimated by using pricing models, quoted prices of securities with similar characteristics, or discounted cash flow. Level 2 securities would include U.S. agency securities, mortgage-backed agency securities, obligations of states and political subdivisions and certain corporate, asset backed and other securities. In certain cases where there is limited activity or less transparency around inputs to the valuation, securities are classified within Level 3 of the valuation hierarchy. The carrying value of restricted FRB and FHLB stock approximates fair value based upon the redemption provisions of each entity and is therefore excluded from the following table. Rabbi trust assets As a result of the Bay Banks Merger, the Company acquired and assumed a rabbi trust and deferred compensation plan. The assets held by the rabbi trust are invested at the direction of the individual participants and are generally invested in marketable investment securities, such as common stocks and mutual funds or short-term investments (e.g., cash) (Level 1). Rabbi trust assets and the associated deferred compensation plan liability are included in other assets and other liabilities, respectively, in the Company’s consolidated balance sheets. Derivative financial instruments Derivative instruments used to hedge residential mortgage loans held for sale and the related interest rate lock commitments include forward commitments to sell mortgage loans and are reported at fair value utilizing Level 2 inputs. The fair values of derivative financial instruments are based on derivative market data inputs as of the valuation date and the underlying value of mortgage loans for rate lock commitments. Cash flow hedges (interest rate swaps) hedge against the risk of variability in cash flows attributable to changes in the 3-month LIBOR index rate component of forecasted 3-month fixed rate funding advances from the FHLB. These cash flow hedges are recorded at fair value utilizing Level 2 inputs. The following tables present the balances of financial assets measured at fair value on a recurring basis as of the dates stated. March 31, 2021 (Dollars in thousands) Total Level 1 Level 2 Level 3 Securities available for sale State and municipals $ 31,476 $ — $ 31,476 $ — U.S. Treasury and agencies 53,726 — 53,726 — Mortgage backed securities 157,128 — 157,128 — Corporate bonds 36,404 — 36,404 — Total securities available for sale $ 278,734 $ — $ 278,734 $ — Other assets Rabbi trust assets $ 1,130 $ 1,130 $ — $ — Mortgage derivative asset 5,949 — 5,949 — Interest rate swap asset 7,248 — 7,248 — Other liabilities Mortgage derivative liability $ — $ — $ — $ — Interest rate swap liability 1,593 — 1,593 — December 31, 2020 (Dollars in thousands) Total Level 1 Level 2 Level 3 Securities available for sale State and municipals $ 14,259 $ — $ 14,259 $ — U.S. Treasury and agencies 2,409 — 2,409 — Mortgage backed securities 72,635 — 72,635 — Corporate bonds 20,172 — 20,172 — Total securities available for sale $ 109,475 $ — $ 109,475 $ — Other assets Mortgage derivative asset $ 5,293 $ — $ 5,293 $ — Interest rate swap asset 1,716 — 1,716 — Other liabilities Mortgage derivative liability $ 1,569 $ — $ 1,569 $ — Interest rate swap liability 2,735 — 2,735 — Certain financial assets are measured at fair value on a nonrecurring basis in accordance with GAAP. Adjustments to the fair value of these assets usually result from the application of lower-of-cost-or-market accounting or write-downs of individual assets. The following describes the valuation techniques used by the Company to measure certain financial assets recorded at fair value on a nonrecurring basis in the financial statements. Mortgage Servicing Rights The Company records MSR assets initially at fair value and subsequently accounts for them under the amortization method and performs an impairment assessment each reporting period. The amortization method requires that the MSR assets be recorded at the lower of cost or fair value. The following tables present the change in MSR assets using Level 3 inputs as of and for the periods stated. (Dollars in thousands) MSRs Balance, December 31, 2020 $ 7,084 Acquired in Bay Banks Merger 987 Additions 3,935 Write-offs (122 ) Amortization (452 ) Impairments (1 ) Fair value adjustments 2,397 Balance, March 31, 2021 - fair value $ 13,828 Balance, March 31, 2021 - amortized cost $ 11,442 (Dollars in thousands) MSRs Balance, December 31, 2019 $ — Additions 7,539 Write-offs (61 ) Amortization (391 ) Impairments (3 ) Fair value adjustments 207 Balance, December 31, 2020 - fair value $ 7,291 Balance, December 31, 2020 - amortized cost $ 7,084 A third-party model is used to determine the fair value of the Company’s MSR assets. The model establishes pools of performing loans, calculates projected future cash flows for each pool, and applies a discount rate to each pool. As of March 31, 2021 and December 31, 2020, the Company was servicing approximately $1.38 billion and $846.5 million of loans, respectively. Loans are segregated into homogenous pools based on loan term, interest rates, and other similar characteristics. Cash flows are then estimated based on net servicing fee income and utilizing assumed servicing costs and prepayment speeds. The weighted average net servicing fee income of the portfolio was 27.5 basis points as of March 31, 2021. Estimated base annual servicing costs were $65.00 to $80.00 per loan depending on the guarantor. Prepayment speeds in the model are based on empirically derived data for mortgage pool factors and differences between a mortgage pool’s weighted average coupon and its current mortgage rate. The weighted average prepayment speed assumption used in the fair value model was 12.41% as of March 31, 2021. A base discount rate of 9.50% to 12.50% (9.74% weighted average discount rate) was then applied to each pool’s projected future cash flows as of March 31, 2021. The discount rate is intended to represent the estimated market yield for the highest quality grade of comparable servicing. MSR assets are classified as Level 3. Impaired Loans Loans are designated as impaired when, in the judgment of management based on current information and events, it is probable that all amounts due will not be collected according to the contractual terms of the loan agreement. The measurement of loss associated with impaired loans can be based on either the discounted cash flows of the loan or the fair value of the collateral, if any, less estimated costs to sell, if the loan is collateral dependent. Collateral may be in the form of real estate or business assets including equipment, inventory, and accounts receivable. Any given loan may have multiple types of collateral; however, the majority of the Company’s loan collateral is real estate. The value of real estate collateral is generally determined utilizing a market valuation approach based on an appraisal conducted by an independent, licensed appraiser outside of the Company using observable market data (Level 2). If the collateral value is significantly adjusted due to differences in the comparable properties or is discounted by the Company because of lack of marketability, then the fair value is considered Level 3. The value of business equipment is based upon an outside appraisal if deemed significant or the net book value based on the borrower’s financial statements if not considered significant. Likewise, values for inventory and accounts receivables collateral are based on financial statements or aging reports (Level 3). Fair value adjustments are recorded in the period incurred as provision for loan losses on the consolidated statements of income. Loans Held for Sale Mortgage loans originated or purchased and intended for sale in the secondary market are carried at the lower of cost or estimated market value in the aggregate. The agreed upon sales price is considered fair value as all of these loans are under agreements to sell to investors at the time of origination. This amount is generally the loan’s principal amount. Changes in fair value are recognized in the gain on sale of mortgages on the consolidated statements of income. Other Real Estate Owned Certain assets such as OREO are measured at fair value less estimated costs to sell. Valuation of OREO is generally determined using current appraisals from independent appraisers, a Level 2 input. If current appraisals cannot be obtained prior to reporting dates, or if declines in value are identified after a recent appraisal is received, appraisal values are discounted, resulting in Level 3 estimates. If the Company markets the property with a real estate agent or broker, estimated selling costs reduce the listing price, resulting in a valuation based on Level 3 inputs. The Company had no OREO at December 31, 2020. The following tables summarize assets that were measured at fair value on a nonrecurring basis as of the dates stated. March 31, 2021 (Dollars in thousands) Total Level 1 Level 2 Level 3 Impaired loans, net $ 5,692 $ — $ — $ 5,692 Loans held for sale 122,453 — 122,453 — OREO 594 — — 594 December 31, 2020 (Dollars in thousands) Total Level 1 Level 2 Level 3 Impaired loans, net $ 2,187 $ — $ — $ 2,187 Loans held for sale 148,209 — 148,209 — The following tables present quantitative information about Level 3 fair value measurements as of the dates stated. Balance as of Valuation Unobservable Weighted (Dollars in thousands) March 31, 2021 Technique Input Average Impaired loans, net $ 5,692 Discounted appraised value Selling costs 10 % OREO 594 Discounted appraised value Selling costs 7 % (Dollars in thousands) December 31, 2020 Technique Input Average Impaired loans, net $ 2,097 Discounted appraised value Selling costs 10 % 90 Discounted cash flows Discount rate 6 % Fair value information about financial instruments, whether or not recognized in the balance sheet, for which it is The carrying values of cash and due from banks and federal funds sold are of such short duration that carrying value reasonably approximates fair value (Level 1). The carrying values of accrued interest receivable and accrued interest payable are of such short duration that carrying value reasonably approximates fair value (Level 2). The carrying value of restricted equity investments approximates fair value based on the redemption provisions of the issuer (Level 2). The fair value of the Company’s loan portfolio includes a credit risk assumption in the determination of the fair value of its loans. This credit risk assumption is intended to approximate the fair value that a market participant would realize in a hypothetical orderly transaction. The Company’s loan portfolio is initially fair valued using a segmented approach. The Company divides its loan portfolio into the following categories: variable rate loans, impaired loans, and all other loans. The results are then adjusted to account for credit risk as described above. The fair value of the Company’s loan portfolio also considers illiquidity risk through the use of a discounted cash flow model to compensate for based on certain assumptions included within the discounted cash flow model, primarily the use of discount rates that better capture inherent credit risk over the lifetime of a loan. This consideration of both credit risk and illiquidity risk provides an estimated exit price for the Company’s loan portfolio. Loans held for investment are reported as Level 3. There is no credit risk associated with PPP loans as they are fully guaranteed by the U.S. government. Further, the Company believes the PPP loans will be forgiven within 1.5 years for PPP 1 loans and between one and three years for PPP 2 loans, depending on the loan’s balance, and any fair value adjustment for potential interest rate change was considered inconsequential as of March 31, 2021. As a result, the carrying value of PPP loans reasonably approximates fair value (Level 3). The carrying value of cash surrender value of life insurance reasonably approximates fair value. The Company records these policies at their cash surrender value, which is estimated using information by insurance carriers (Level 2). The carrying value of noninterest-bearing deposits approximates fair value (Level 1). The carrying values of interest-bearing demand, money market, and savings deposits approximates fair value based on their current pricing and are reported as Level 2. The fair value of certificates of deposits were valued using a discounted cash flow calculation that includes a market rate analysis of the current rates offered by market participants for certificates of deposits that mature in the same period. Time deposits are reported as Level 3. The fair value of the FHLB borrowings is estimated by discounting the future cash flows using current interest rates offered for similar advances (Level 2). The fair value of FRB borrowings was approximated as its carrying value as there is no comparable debt to PPPLF advances (Level 2). The fair value of the Company’s subordinated notes was estimated by utilizing recent issuance rates for subordinated debt offerings of similar issuer size (Level 3). The Company assumes interest rate risk (the risk that general interest rate levels will change) as a result of its normal operations. As a result, the fair values of the Company’s financial instruments will change when interest rate levels change, and these changes may be either favorable or unfavorable to the Company. Management attempts to match maturities of assets and liabilities to the extent believed necessary to minimize interest rate risk. Borrowers with fixed rate obligations, however, are less likely to prepay in a rising rate environment and more likely to prepay in a falling rate environment. Conversely, depositors who are receiving fixed rates are more likely to withdraw funds before maturity in a rising rate environment and less likely to do so in a falling rate environment. Management monitors rates and maturities of assets and liabilities and attempts to minimize interest rate risk by adjusting terms of new loans and deposits and by investing in securities with terms that mitigate the Company’s overall interest rate risk. The following tables present the estimated fair values, related carrying amounts, and valuation level of the Company’s financial instruments as of the dates stated. Carrying Value as of Fair Value as of Fair Value Measurements as of March 31, 2021 (Dollars in thousands) March 31, 2021 March 31, 2021 Level 1 Level 2 Level 3 Financial Assets Cash and due from banks $ 273,540 $ 273,540 $ 273,540 $ — $ — Federal funds sold 5,238 5,238 5,238 — — Certificates of deposit 1,018 1,018 — 1,018 — Securities available for sale 278,734 278,734 — 278,734 — Restricted equity and other investments 14,821 14,821 — 14,821 — PPP loans receivable, net 597,626 597,626 — — 597,626 Loans held for investment, net 1,693,514 1,713,201 — — 1,713,201 Accrued interest receivable 10,507 10,507 — 10,507 — Bank owned life insurance 36,164 36,164 — 36,164 — Financial Liabilities Noninterest-bearing demand deposits $ 617,102 $ 617,102 $ 617,102 $ — $ — Interest-bearing demand and money market deposits 751,390 751,390 — 751,390 — Savings deposits 159,455 159,455 — 159,455 — Time deposits 612,171 618,166 — — 618,166 Securities sold under repurchase agreements 1,198 1,198 1,198 — — FHLB borrowings 183,122 182,890 — 182,890 — FRB borrowings 509,667 509,667 — 509,667 — Subordinated notes, net 54,588 56,342 — — 56,342 Carrying Value as of Fair Value as of Fair Value Measurements as of December 31, 2020 (Dollars in thousands) December 31, 2020 December 31, 2020 Level 1 Level 2 Level 3 Financial Assets Cash and due from banks $ 117,945 $ 117,945 $ 117,945 $ — $ — Federal funds sold 775 775 775 — — Securities available for sale 109,475 109,475 — 109,475 — Restricted equity investments 11,173 11,173 — 11,173 — PPP loans receivable, net 288,533 288,533 — — 288,533 Loans held for investment, net 719,056 720,396 — — 720,396 Accrued interest receivable 5,428 5,428 — 5,428 — Bank owned life insurance 15,724 15,724 — 15,724 — Financial Liabilities Noninterest-bearing demand deposits $ 333,051 $ 333,051 $ 333,051 $ — $ — Interest-bearing demand and money market deposits 282,263 282,263 — 282,263 Savings deposits 78,352 78,352 — 78,352 — Time deposits 251,443 257,647 — — 257,647 FHLB borrowings 115,000 114,983 — 114,983 — FRB borrowings 281,650 281,650 — 281,650 — Subordinated notes, net 24,506 25,830 — — 25,830

Leases

Leases	3 Months Ended
	Mar. 31, 2021
Leases [Abstract]
Leases	Note 12 – Leases Lease liabilities represent the Company’s obligation to make lease payments and are presented at each reporting date as the net present value of the remaining contractual cash flows. Cash flows are discounted at the Company’s incremental borrowing rate in effect at the commencement date of the lease. Right-of-use assets represent the Company’s right to use the underlying asset for the lease term and are calculated as the sum of the lease liability and if applicable, prepaid rent, initial direct costs, and any incentives received from the lessor. The Company’s long-term lease agreements are classified as operating leases. Certain of these leases offer the option to extend the lease term and the Company has included such extensions in its calculation of the lease liabilities to the extent the options are reasonably assured of being exercised. The lease agreements do not provide for residual value guarantees and have no restrictions or covenants that would impact dividends or require incurring additional financial obligations. The Company assumed five operating leases for real estate in the Bay Banks Merger. In accordance with ASC 842–Leases, the original classification of each lease was retained and not re-evaluated as part of the accounting for the business combination. The Company measured each of the assumed lease liabilities as if the lease was new, determined the appropriate lease liability and right-of-use asset fair value based on the Company’s incremental borrowing rate at merger date, and obtained independent assessments of favorable or unfavorable market terms for each lease contract. The following tables present information about the Company’s leases as of and for the periods stated. (Dollars in thousands) March 31, 2021 Lease liabilities $ 7,990 Right-of-use asset $ 6,805 Weighted average remaining lease term (years) 6.22 Weighted average discount rate 2.94 % For the three months ended March 31, (Dollars in thousands) 2021 2020 Operating lease cost $ 646 $ 431 Total lease cost $ 646 $ 431 The following table presents a maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total of operating lease liabilities as of the date stated. (Dollars in thousands) March 31, 2021 Nine months ending December 31, 2021 $ 1,636 Twelve months ending December 31, 2022 1,596 Twelve months ending December 31, 2023 1,268 Twelve months ending December 31, 2024 940 Twelve months ending December 31, 2025 786 Thereafter 2,403 Total undiscounted cash flows 8,629 Discount (639 ) Lease liabilities $ 7,990

Minimum Regulatory Capital

Minimum Regulatory Capital	3 Months Ended
	Mar. 31, 2021
Regulatory Matters [Abstract]
Minimum Regulatory Capital	Note 13 – Minimum Regulatory Capital Banks and bank holding companies are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory, possibly additional discretionary, actions by regulators that, if undertaken, could have a direct material effect on the Bank's financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, financial institutions must meet specific capital guidelines that involve quantitative measures of assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. A financial institution's capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. The final rules implementing Basel Committee on Banking Supervision's capital guidelines for U.S. banks (the “Basel III rules”) became effective for the Bank on January 1, 2015 with full compliance with all of the requirements phased-in over a multi-year schedule and fully phased-in at January 1, 2019. Under the Basel III rules, the Bank must hold a capital conservation buffer above the adequately capitalized risk-based capital ratios of 2.50% for all ratios, except the tier 1 leverage ratio. If a banking organization dips into its capital conservation buffer, it is subject to limitations on certain activities, including payment of dividends, share repurchases, and discretionary compensation to certain officers. Management believes as of March 31, 2021 and December 31, 202, the Bank met all capital adequacy requirement to which it is subject. Prompt corrective action regulations provide five classifications: well capitalized, adequately capitalized, undercapitalized, significantly undercapitalized, and critically undercapitalized; although, these terms are not used to represent overall financial condition. If adequately capitalized, regulatory approval is required to accept brokered deposits. If undercapitalized, capital distributions are limited, as is asset growth and expansion, and capital restoration plans are required. At March 31, 2021, the most recent regulatory notification categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. There are no conditions or events since that notification that management believes have changed the institution's category. The following tables present the capital and capital ratios to which the Bank is subject and the amounts and ratios to be adequately and well capitalized as of the dates stated. Adequately capitalized ratios include the conversation buffer. Actual For Capital Adequacy Purposes To Be Well Capitalized (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of March 31, 2021 Total risk based capital (To risk-weighted assets) Blue Ridge Bank, N.A. $ 236,932 13.67 % $ 182,013 10.50 % $ 173,345 10.00 % Tier 1 capital (To risk-weighted assets) Blue Ridge Bank, N.A. $ 223,428 12.89 % $ 147,343 8.50 % $ 138,676 8.00 % Common equity tier 1 capital (To risk-weighted assets) Blue Ridge Bank, N.A. $ 223,428 12.89 % $ 121,342 7.00 % $ 112,674 6.50 % Tier 1 leverage (To average assets) Blue Ridge Bank, N.A. $ 223,428 10.69 % $ 83,617 4.00 % $ 104,521 5.00 % Actual For Capital Adequacy Purposes To Be Well Capitalized (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2020 Total risk based capital (To risk-weighted assets) Blue Ridge Bank, N.A. $ 109,219 13.10 % $ 87,574 10.50 % $ 83,404 10.00 % Tier 1 capital (To risk-weighted assets) Blue Ridge Bank, N.A. $ 98,751 11.84 % $ 70,893 8.50 % $ 66,723 8.00 % Common equity tier 1 capital (To risk-weighted assets) Blue Ridge Bank, N.A. $ 98,751 11.84 % $ 58,383 7.00 % $ 54,213 6.50 % Tier 1 leverage (To average assets) Blue Ridge Bank, N.A. $ 98,751 8.34 % $ 47,363 4.00 % $ 59,180 5.00 % The Company's principal source of funds for dividend payments is dividends received from the Bank. Banking regulations limit the amounts of dividends that may be paid without approval of regulatory agencies.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2021
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Commitments and Contingencies	Note 14 – Commitments & Contingencies In the ordinary course of operations, the Company is party to legal proceedings. Based upon information currently available, the Company’s management believes that such legal proceedings, in the aggregate, will not have a material adverse effect on the Company’s business, financial condition, results of operations, or cash flows. Also in the ordinary course of operations, the Company offers various financial products to its customers to meet their credit and liquidity needs. These instruments involve elements of credit and interest rate risk in excess of the amount recognized in the consolidated balance sheets. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instruments for commitments to extend credit and stand-by letters of credit written is represented by the contractual amount of these instruments. The Company uses the same credit policies in making commitments and conditional commitments as it does for on-balance sheet commitments. Subject to its normal credit standards and risk monitoring procedures, the Company makes contractual commitments to extend credit. Commitments generally have fixed expiration dates or other termination clauses and may require the payment of a fee. Since many of the commitments may expire without being completely drawn upon, the total commitment amounts do not necessarily represent future cash requirements. As of March 31, 2021 and December 31, 2020, the Company had outstanding loan commitments of $315.7 million and $126.0 million, respectively. Conditional commitments are issued by the Company in the form of performance stand-by letters of credit, which guarantee the performance of a customer to a third party. As of March 31, 2021 and December 31, 2020, commitments under outstanding performance stand-by letters of credit totaled $7.3 million and $0, respectively. Additionally, the Company issues financial stand-by letters of credit, which guarantee payment to the underlying beneficiary (i.e., third party) if the customer fails to meet its designated financial obligation. As of March 31, 2021 and December 31, 2020, commitments under outstanding financial stand-by letters of credit totaled $4.8 million and $6.1 million, respectively. The credit risk of issuing stand-by letters of credit is essentially the same as that involved in extending loans to customers. The Company had no reserve for unfunded commitments recorded as of March 31, 2021 and December 31, 2020.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2021
Earnings Per Share [Abstract]
Earnings Per Share	Note 15 – Earnings Per Share The following table shows the calculation of basic and diluted EPS and the weighted average number of shares outstanding used in computing EPS and the effect on the weighted average number of shares outstanding of dilutive potential common stock. Basic EPS amounts are computed by dividing net income (the numerator) by the weighted average number of common shares outstanding (the denominator). Diluted EPS amounts assume the conversion, exercise, or issuance of all potential common stock instruments, unless the effect is to reduce the loss or increase earnings per common share. Potential dilutive common stock instruments include exercisable stock options, including those converted and assumed in the Bay Banks Merger. For the three months ended March 31, 2021, stock options for 75,410 shares of the Company’s common stock were not included in the computation of diluted earnings per share because their effects would have been anti-dilutive. Weighted average common shares outstanding, basic and dilutive, for all periods presented are presented on a post Stock Split basis. For the three months ended March 31, (Dollars in thousands, except per share data) 2021 2020 Net income $ 4,237 $ 841 Net income attributable to noncontrolling interest (9 ) (9 ) Net income available to common shareholders $ 4,228 $ 832 Weighted average common shares outstanding, basic 15,137,446 8,496,581 Effect of dilutive securities 16,533 — Weighted average common shares outstanding, dilutive 15,153,979 8,496,581 Basic and diluted earnings per common share $ 0.28 $ 0.10

Business Segments

Business Segments	3 Months Ended
	Mar. 31, 2021
Segment Reporting [Abstract]
Business Segments	Note 16 – Business Segments The Company has identified two primary business segments which are commercial banking and mortgage banking. Revenues from commercial banking operations consist primarily of interest earned on loans and investment securities and service charges on deposit accounts. Mortgage banking operating revenues consist principally of gains on sales of loans in the secondary market, loan origination fee income, and interest earned on mortgage loans held for sale. The following tables present revenues and expenses by segment for the periods stated. For the three months ended March 31, 2021 (Dollars in thousands) Commercial Banking Mortgage Banking Parent Only Eliminations Blue Ridge Bankshares, Inc. Consolidated Revenues: Interest income $ 21,707 $ 820 $ 49 $ — $ 22,576 Service charges on deposit accounts 327 — — — 327 Residential mortgage banking income, net — 9,301 — — 9,301 Mortgage servicing rights — 3,371 — — 3,371 Gain on sale of guaranteed USDA loans 1,074 — — — 1,074 Wealth and trust management 602 — — — 602 Increase in cash surrender value of bank owned life insurance 164 — — — 164 Payroll processing revenue 270 — — — 270 Bank and purchase card, net 300 — — — 300 Other income 373 — 52 (25 ) 400 Total income 24,817 13,492 101 (25 ) 38,385 Expenses: Interest expense 1,871 58 630 — 2,559 Provision for loan losses — — — — — Salaries and employee benefits 5,741 8,268 — — 14,009 Merger-related expenses 8,137 — 882 — 9,019 Other operating expenses 5,170 2,181 158 (25 ) 7,484 Total expense 20,919 10,507 1,670 (25 ) 33,071 Income (loss) before income taxes 3,898 2,985 (1,569 ) — 5,314 Income tax expense 763 605 (291 ) — 1,077 Net income (loss) $ 3,135 $ 2,380 $ (1,278 ) $ — $ 4,237 Net (income) loss attributable to noncontrolling interest $ (9 ) $ — $ — $ — $ (9 ) Net income (loss) attributable to Blue Ridge Bankshares, Inc. $ 3,126 $ 2,380 $ (1,278 ) $ — $ 4,228 For the three months ended March 31, 2020 (Dollars in thousands) Commercial Banking Mortgage Banking Parent Only Eliminations Blue Ridge Bankshares, Inc. Consolidated Revenues: Interest income $ 10,057 $ 362 $ 4 $ — $ 10,423 Service charges on deposit accounts 272 — — — 272 Residential mortgage banking income, net — 3,861 — — 3,861 Gain on sale of guaranteed USDA loans 20 — — — 20 Increase in cash surrender value of bank owned life insurance 93 — — — 93 Payroll processing revenue 303 — — — 303 Bank and purchase card, net 129 — — — 129 Other income 168 — — (6 ) 162 Total income 11,042 4,223 4 (6 ) 15,263 Expenses: Interest expense 2,121 102 177 — 2,400 Provision for loan losses 575 — — — 575 Salaries and employee benefits 3,433 3,908 — — 7,341 Merger-related expenses 265 — 4 269 Other operating expenses 2,266 1,105 205 (6 ) 3,570 Total expense 8,660 5,115 386 (6 ) 14,155 Income (loss) before income taxes 2,382 (892 ) (382 ) — 1,108 Income tax expense 498 (188 ) (43 ) — 267 Net income (loss) $ 1,884 $ (704 ) $ (339 ) $ — $ 841 Net (income) loss attributable to noncontrolling interest $ (9 ) $ — $ — $ — $ (9 ) Net income (loss) attributable to Blue Ridge Bankshares, Inc. $ 1,875 $ (704 ) $ (339 ) $ — $ 832

Changes to Accumulated Other Co

Changes to Accumulated Other Comprehensive Income, Net	3 Months Ended
	Mar. 31, 2021
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Changes to Accumulated Other Comprehensive Income, Net	Note 17 – Changes to Accumulated Other Comprehensive Income, net The following tables present components of accumulated other comprehensive income (loss) for the periods stated. For the three months ended March 31, 2021 (Dollars in thousands) Net Unrealized Gains (Losses) on Available for Sale Securities Net Unrealized Gains (Losses) on Interest Rate Swaps Accumulated Other Comprehensive Income (Loss), net Balance as of January 1, 2021 $ 1,069 $ (805 ) $ 264 Change in net unrealized holding (losses) gains on securities available for sale, net of deferred tax benefit of $660 (2,482 ) — (2,482 ) Change in net unrealized holding gains (losses) on interest rate swaps, net of deferred tax expense of $1,662 — 6,253 6,253 Balance as of March 31, 2021 $ (1,413 ) $ 5,448 $ 4,035 For the three months ended March 31, 2020 (Dollars in thousands) Net Unrealized Gains (Losses) on Available for Sale Securities Net Unrealized Gains (Losses) on Interest Rate Swaps Accumulated Other Comprehensive Income (Loss), net Balance as of January 1, 2020 $ 423 $ (194 ) $ 229 Change in net unrealized holding (losses) gains on securities available for sale, net of deferred tax benefit of $128 (484 ) — (484 ) Change in net unrealized holding (losses) gains on interest rate swaps, net of deferred tax benefit of $665 — (2,499 ) (2,499 ) Balance as of March 31, 2020 $ (61 ) $ (2,693 ) $ (2,754 )

Legal Matters

Legal Matters	3 Months Ended
	Mar. 31, 2021
Loss Contingency [Abstract]
Legal Matters	Note 18 – Legal Matters On August 12, 2019, a former employee of Virginia Community Bankshares, Inc. (“VCB”) and participant in its Employee Stock Ownership Plan (the “VCB ESOP”) filed a class action complaint against VCB, Virginia Community Bank, and certain individuals associated with the VCB ESOP in the U.S. District Court for the Western District of Virginia, Charlottesville Division. The complaint alleges, among other things, that the defendants breached their fiduciary duties to VCB ESOP participants in violation of the Employee Retirement Income Security Act of 1974, as amended. The complaint alleges that the VCB ESOP incurred damages “that approach or exceed $12 million.” The Company automatically assumed any liability of VCB in connection with this litigation as a result of the Company’s 2019 acquisition of VCB. The outcome of this litigation is uncertain, and the plaintiff and other individuals may file additional lawsuits related to the VCB ESOP. The defense, settlement, or adverse outcome of any such lawsuit or claim could have a material adverse financial impact on the Company. The Company believes the claims are without merit and no loss has been accrued for this lawsuit.

Business Combinations (Tables)

Business Combinations (Tables) - Bay Banks [Member]	3 Months Ended
	Mar. 31, 2021
Summary of Estimated Fair Value Adjustments of Consideration Paid, Acquired Asset and Assumed Liabilities	The following table presents the consideration paid in the merger and the summary balance sheet of Bay Banks as of the date of the merger inclusive of estimated fair value adjustments and the allocation of consideration paid in the merger to the acquired assets and assumed liabilities. The goodwill resulting from the Bay Banks Merger was $7.2 million. (Dollars in thousands, except per share data) Consideration paid: Reference: Company's common shares issued 9,951,743 A Purchase price per share $ 12.55 A, B Value of common stock issued $ 124,928 Estimated fair value of stock options 472 Cash in lieu of fractional shares 3 Total consideration paid $ 125,403 Effective settlement of subordinated notes (650 ) Total consideration paid less effective settlement of subordinated notes $ 124,753 Fair value of assets acquired: Cash and due from banks $ 44,066 Federal funds sold 1,732 Certificates of deposit 1,018 Securities available for sale 79,505 Restricted securities 4,385 Loans held for investment 1,030,433 C Loans held for sale 3,814 Premises and equipment 15,532 D Right of use asset 1,864 Other real estate owned 598 Bank owned life insurance 20,259 Mortgage servicing rights 987 Core deposit intangible 6,850 E Deferred tax asset, net 2,685 F Other assets 10,855 G Total assets $ 1,224,583 Fair value of liabilities assumed: Deposits $ 1,030,888 H FHLB borrowings 10,124 I FRB borrowings 24,815 Subordinated notes 31,850 J Other liabilities 9,359 Total liabilities $ 1,107,036 Net identifiable assets acquired at fair value $ 117,547 Goodwill $ 7,206 Reference: Explanation of reference: A Common shares issued and purchase price per share are presented on a post Stock Split basis, which was effective April 30, 2021. B The value of the shares of the Company's common stock exchanged for shares of legacy Bay Banks common stock was based upon the closing price of the Company's common stock at January 29, 2021, the last trading day prior to the date of completion of the merger on January 31, 2021. C Reflective of a $17.9 million (or 1.70%) fair value adjustment (discount) to the amortized cost of the loan portfolio acquired. D Reflective of a $4.4 million fair value adjustment (premium) over the net book value of premises and equipment acquired. E Core deposit intangible asset recorded to reflect the fair value of nonmaturity deposits, except for time deposits over $100,000, assumed by the Company. F Reflective of a $2.1 million net deferred tax asset recorded on all fair value adjustments, excluding goodwill, at the statutory federal income tax rate of 21%. G Reflective of a $203 thousand fair vale adjustment (premium) on other assets acquired. H Reflective of a $5.8 million fair value adjustment (premium) over the book value of time deposits assumed. I Reflective of a $124 thousand fair value adjustment (premium) on the $10 million Federal Home Loan Bank of Atlanta ("FHLB") advance assumed. J Reflective of a $950 thousand fair value adjustment (premium) over the book value of subordinated notes assumed.
Summary of Purchased Performing and PCI Loans Receivable	The following table presents the purchased performing and PCI loans receivable at the date of the Bay Banks Merger and the fair value adjustments (discounts) recorded immediately following the merger. As of January 31, 2021 (dollars in thousands) Purchased Performing PCI Total Principal payments receivable $ 936,523 $ 111,766 $ 1,048,289 Fair value adjustment - credit and interest (2,784 ) (15,072 ) (17,856 ) Fair value of acquired loans $ 933,739 $ 96,694 $ 1,030,433
Summary of Fair Value Adjustments of Acquired Asset and Assumed Liabilities	The net effect of the amortization and accretion of premiums and discounts associated with the Company’s fair value adjustments to assets acquired and liabilities assumed in the Bay Banks Merger had the following effect on the Company’s consolidated income statement for the three months ended March 31, 2021. For the three months ended March 31, (dollars in thousands) 2021 Loans (1) $ 272 Time deposits (2) 687 FHLB borrowings (3) 2 Subordinated notes (4) 35 CDI (5) (226 ) Net impact to income before income taxes $ 770 (1) Loan discount accretion is included in the “Interest and fees on loans” section of “Interest Income” in the consolidated income statements. (2) Time deposit premium amortization is included in the “Interest on deposits” section of “Interest Expense” in the consolidated income statements. (3) FHLB borrowing (4) Subordinated notes premium amortization is included in the “Interest on subordinated notes” section of “Interest Expense” in the consolidated income statements. (5) CDI amortization is included in the “Intangible amortization” section of “Noninterest Expense” in the consolidated income statements.
Summary of Business Acquisition, Pro Forma Information	The following table presents the effect of the Bay Banks Merger on the Company on a pro forma basis, as if the merger had occurred at the beginning of the three-month periods ended March 31, 2021 and 2020. There were no merger-related expenses incurred in the first quarter of 2020 related to the Bay Banks Merger. Merger-related expenses of $9.0 million for the three months ended March 31, 2021, which are included in the Company’s consolidated income statements, are not included in the pro forma information below. Merger-related expenses incurred by Bay Banks prior to the completion of the Bay Banks Merger are not included in the Company’s consolidated income statements and are also not included in the pro forma information below. Net income includes pro forma adjustments for the accretion and amortization of estimated fair value adjustments on acquired loans and assumed time deposits and borrowings, as well as amortization of estimated CDI. An income tax rate of 21% was used in determining pro forma net income. For the three months ended March 31, (dollars in thousands, except per share data) 2021 2020 Revenue (net interest income plus noninterest income) $ 39,005 $ 24,098 Net income 11,944 3,928 Earnings per common share 0.64 0.21

Investments (Tables)

Investments (Tables)	3 Months Ended
	Mar. 31, 2021
Schedule Of Investments [Abstract]
Summary of Amortized Cost and Fair Values of Investment Securities Available for Sale	Investment securities available for sale are carried at fair value in the Company’s consolidated balance sheets. The following tables present amortized cost and fair values of investment securities available for sale as of the dates stated. March 31, 2021 (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available for sale State and municipal $ 31,630 $ 185 $ (339 ) $ 31,476 U.S. Treasury and agencies 54,477 56 (807 ) 53,726 Mortgage backed securities 159,239 440 (2,552 ) 157,127 Corporate bonds 35,716 738 (49 ) 36,405 Total investment securities $ 281,062 $ 1,419 $ (3,747 ) $ 278,734 December 31, 2020 (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available for sale State and municipal $ 14,069 $ 258 $ (68 ) $ 14,259 U.S. Treasury and agencies 2,500 — (91 ) 2,409 Mortgage backed securities 72,337 696 (398 ) 72,635 Corporate bonds 19,755 469 (52 ) 20,172 Total investment securities $ 108,661 $ 1,423 $ (609 ) $ 109,475
Summary of Investments Classified by Contractual Maturity Date	The following table presents the amortized cost and fair value of securities available for sale by contractual maturity as of the date stated. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. March 31, 2021 (Dollars in thousands) Amortized Cost Fair Value Due in one year or less $ 20,100 $ 19,986 Due after one year through five years 52,994 53,082 Due after five years through ten years 41,606 41,811 Due after ten years 166,362 163,855 Total $ 281,062 $ 278,734
Summary of Unrealized Losses	The following tables present a summary of unrealized losses and the length of time in a continuous loss position, by security type, as of the dates stated. March 31, 2021 Less than 12 Months 12 Months or Greater Total (Dollars in thousands) Number of Securities Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses State and municipal 38 $ 17,258 $ (339 ) $ — $ — $ 17,258 $ (339 ) U.S. Treasury and agencies 46 31,377 (807 ) — — 31,377 (807 ) Mortgage backed securities 37 105,822 (2,381 ) 10,182 (171 ) 116,004 (2,552 ) Corporate bonds 4 5,005 (24 ) 976 (25 ) 5,981 (49 ) Total 125 $ 159,462 $ (3,551 ) $ 11,158 $ (196 ) $ 170,620 $ (3,747 ) December 31, 2020 Less than 12 Months 12 Months or Greater Total (Dollars in thousands) Number of Securities Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses State and municipal 6 $ 3,111 $ (68 ) $ — $ — $ 3,111 $ (68 ) U.S. Treasury and agencies 1 2,410 (91 ) — — 2,410 (91 ) Mortgage backed securities 22 20,545 (65 ) 8,592 (333 ) 29,137 (398 ) Corporate bonds 7 3,242 (7 ) 1,955 (45 ) 5,197 (52 ) Total 36 $ 29,308 $ (231 ) $ 10,547 $ (378 ) $ 39,855 $ (609 )

Loans and Allowance for Loan _2

Loans and Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2021
Receivables [Abstract]
Summary of Loans Held for Investment	The following table presents loans held for investment as of the dates stated. (Dollars in thousands) March 31, 2021 December 31, 2020 Commercial and industrial $ 286,835 $ 123,675 Paycheck Protection Program 608,692 292,068 Real estate – construction, commercial 155,631 54,702 Real estate – construction, residential 49,338 18,040 Real estate – mortgage, commercial 649,474 273,499 Real estate – mortgage, residential 496,301 213,404 Real estate – mortgage, farmland 5,245 3,615 Consumer 65,210 46,684 Gross loans 2,316,726 1,025,687 Less: Deferred loan fees, net of costs (12,184 ) (4,271 ) Total $ 2,304,542 $ 1,021,416
Summary of Acquired Loans Included in Consolidated Statement of Condition	The following table presents the outstanding principal balance and related recorded investment of these acquired loans included in the Company’s consolidated balance sheets as of the dates stated. (Dollars in thousands) March 31, 2021 December 31, 2020 PCI loans Outstanding principal balance $ 112,964 $ 1,278 Recorded investment 97,892 1,085 Purchased performing loans Outstanding principal balance 967,580 97,301 Recorded investment 964,056 96,317 Total acquired loans Outstanding principal balance 1,080,544 98,579 Recorded investment 1,061,948 97,402
Summary of Changes in Accretable Yield on Purchased Credit Impaired Loans	The following table presents the changes in the accretable yield for PCI loans for the periods stated. For the three months ended (Dollars in thousands) March 31, 2021 March 31, 2020 Balance, beginning of period $ 123 $ 188 Additions 10,030 — Accretion (840 ) (16 ) Reclassification of nonaccretable difference due to improvement in expected cash flows 104 — Other changes, net 22 (1 ) Balance, end of period $ 9,439 $ 171
Summary of Financing Receivable, Past Due	The following tables present the aging of the recorded investment of loans held for investment as of the dates stated. March 31, 2021 (Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days Past Due & Accruing Nonaccrual Total Past Due & Nonaccrual PCI Loans Current Loans Total Loans Commercial and industrial $ 1,166 $ 128 $ — $ 1,432 $ 2,726 $ 10,213 $ 273,896 $ 286,835 Paycheck Protection Program — — — — — — 608,692 608,692 Real estate – construction, commercial 310 — — — 310 31,049 124,272 155,631 Real estate – construction, residential 1,185 — — 262 1,447 — 47,891 49,338 Real estate – mortgage, commercial 3,287 685 — 2,032 6,004 47,520 595,950 649,474 Real estate – mortgage, residential 6,027 800 7 965 7,799 7,379 481,123 496,301 Real estate – mortgage, farmland — — — — — — 5,245 5,245 Consumer 752 145 — 655 1,552 1,731 61,927 65,210 Less: Deferred loan fees, net of costs — — — — — — (12,184 ) (12,184 ) Total Loans $ 12,727 $ 1,758 $ 7 $ 5,346 $ 19,838 $ 97,892 $ 2,186,812 $ 2,304,542 December 31, 2020 (Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days Past Due & Accruing Nonaccrual Total Past Due & Nonaccrual PCI Loans Current Loans Total Loans Commercial and industrial $ 1,117 $ — $ — $ 1,310 $ 2,427 $ — $ 121,248 $ 123,675 Paycheck Protection Program — — — — — — 292,068 292,068 Real estate – construction, commercial — — — — — 35 54,667 54,702 Real estate – construction, residential 262 — — — 262 — 17,778 18,040 Real estate – mortgage, commercial 771 211 — 3,643 4,625 808 268,066 273,499 Real estate – mortgage, residential 1,062 — 46 881 1,989 242 211,173 213,404 Real estate – mortgage, farmland — — — — — — 3,615 3,615 Consumer 935 334 — 714 1,983 — 44,701 46,684 Less: Deferred loan fees, net of costs — — — — (4,271 ) (4,271 ) Total Loans $ 4,147 $ 545 $ 46 $ 6,548 $ 11,286 $ 1,085 $ 1,009,045 $ 1,021,416
Summary of Recorded Investment of PCI Loans, Past Due	The following tables present the aging of the recorded investment of PCI loans as of the dates stated. March 31, 2021 (Dollars in thousands) 30-89 Days Past Due Greater than 90 Days Past Due & Accruing Current Loans Total Loans Commercial and industrial $ — $ 187 $ 10,026 $ 10,213 Real estate – construction, commercial 8 10 31,032 31,050 Real estate – mortgage, commercial 722 29 46,768 47,519 Real estate – mortgage, residential 739 978 5,662 7,379 Consumer — 4 1,727 1,731 Total PCI Loans $ 1,469 $ 1,208 $ 95,215 $ 97,892 December 31, 2020 (Dollars in thousands) 30-89 Days Past Due Greater than 90 Days Past Due & Accruing Current Loans Total Loans Real estate – construction, commercial — — 35 35 Real estate – mortgage, commercial 224 — 584 808 Real estate – mortgage, residential 35 — 207 242 Total PCI Loans $ 259 $ — $ 826 $ 1,085
Summary of Loan Portfolio Individually and Collectively Evaluated for Impairment	T he Company prepares a quarterly analysis of the ALL, with the objective of quantifying portfolio risk into a dollar amount of inherent losses. The ALL is established as losses are estimated to have occurred through a provision for loan losses charged against income and decreased by loans charged-off (net of recoveries, if any). Management’s periodic evaluation of the adequacy of the ALL is based on past loan loss experience, known and inherent risks in the portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral, and current economic conditions. While management uses the best information available to make evaluations, future adjustments may be necessary, if economic or other conditions differ substantially from the assumptions used. The allowance consists of specific and general components. The specific component relates to loans that are identified as impaired. For loans that are classified as impaired, an allowance is established when the discounted cash flows or the net realizable value, which is equal to the estimated fair value less estimated costs to sell, of the impaired loan is lower than the carrying value of that loan. The general component covers non-classified loans and those loans classified that are not impaired and is based on historical loss experience adjusted for other internal or external influences on credit quality that are not fully reflected in the historical data. The Company follows applicable guidance issued by the Financial Accounting Standards Board. This guidance requires that losses be accrued when they are probable of occurring and can be estimated. It also requires that impaired loans, within its scope, be measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate, except that as a practical expedient, a creditor may measure impairment based on a loan’s observable market price, or the fair value of the collateral if the loan is collateral dependent. PPP loans are fully guaranteed by the U.S. government; therefore, the Company recorded no ALL for these loans as of March 31, 2021 and December 31, 2020. In future periods, the Company may be required to establish an ALL for these loans, which would result in a provision for loan losses charged to earnings. The following tables present a summary of the loan portfolio individually and collectively evaluated for impairment as of the dates stated. (Dollars in thousands) Individually Evaluated for Impairment Collectively Evaluated for Impairment Total March 31, 2021 Originated and purchased performing loans: Commercial and industrial $ 3,169 $ 273,453 $ 276,622 Real estate – construction, commercial 540 124,041 124,581 Real estate – construction, residential — 49,338 49,338 Real estate – mortgage, commercial 1,391 600,564 601,955 Real estate – mortgage, residential 592 488,330 488,922 Real estate – mortgage, farmland — 5,245 5,245 Consumer — 63,479 63,479 Total originated and purchased performing loans 5,692 1,604,450 1,610,142 PCI loans: Commercial and industrial — 10,213 10,213 Real estate – construction, commercial — 31,050 31,050 Real estate – mortgage, commercial — 47,519 47,519 Real estate – mortgage, residential — 7,379 7,379 Consumer — 1,731 1,731 Total PCI loans — 97,892 97,892 Gross loans 5,692 1,702,342 1,708,034 Less: Deferred loan fees, net of costs — (1,118 ) (1,118 ) Total $ 5,692 $ 1,701,224 $ 1,706,916 (Dollars in thousands) Individually Evaluated for Impairment Collectively Evaluated for Impairment Total December 31, 2020 Originated and purchased performing loans: Commercial and industrial $ 234 $ 123,441 $ 123,675 Real estate – construction, commercial — 54,667 54,667 Real estate – construction, residential — 18,040 18,040 Real estate – mortgage, commercial 1,645 271,046 272,691 Real estate – mortgage, residential 452 212,710 213,162 Real estate – mortgage, farmland — 3,615 3,615 Consumer — 46,684 46,684 Total originated and purchased performing loans 2,331 730,203 732,534 PCI loans: Real estate – construction, commercial — 35 35 Real estate – mortgage, commercial — 808 808 Real estate – mortgage, residential — 242 242 Total PCI loans — 1,085 1,085 Gross loans 2,331 731,288 733,619 Less: Deferred loan fees, net of costs — (736 ) (736 ) Total $ 2,331 $ 730,552 $ 732,883
Summary of Impaired Financing Receivables	The following tables present information related to impaired loans by loan type as of the dates presented. March 31, 2021 (Dollars in thousands) Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no specific allowance recorded: Real estate – construction, commercial $ 540 $ 539 $ — $ 542 $ 8 Real estate – mortgage, commercial 1,391 1,460 — 1,384 14 Real estate – mortgage, residential 592 591 — 583 6 Commercial and industrial 3,169 3,162 — 3,250 35 $ 5,692 $ 5,752 $ — $ 5,217 $ 63 December 31, 2020 (Dollars in thousands) Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no specific allowance recorded: Real estate – mortgage, commercial $ 1,645 $ 2,030 $ — $ 2,091 $ 4 Real estate – mortgage, residential 452 571 — 538 2 With an allowance recorded: Commercial and industrial 234 234 144 362 — $ 2,331 $ 2,835 $ 144 $ 2,991 $ 6
Summary of Allowance for Loans Losses	The following table presents an analysis of the change in the ALL by loan type as of and for the periods stated. For the three months ended (Dollars in thousands) March 31, 2021 March 31, 2020 ALL, beginning of period $ 13,827 $ 4,572 Charge-offs Commercial and industrial $ (359 ) $ — Real estate – mortgage (12 ) — Consumer (263 ) (319 ) Total charge-offs (634 ) (319 ) Recoveries Commercial and industrial 56 1 Real estate – mortgage 16 — Consumer 137 68 Total recoveries 209 69 Net charge-offs (425 ) (250 ) Provision for loan losses — 575 ALL, end of period $ 13,402 $ 4,897
Summary of Primary Segments of ALLL, Loans Individually and Collectively Evaluated for Impairment	The following tables summarize the primary segments of the ALL, segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment for the periods stated. For the three months ended March 31, 2021 (Dollars in thousands) Commercial and Industrial Real Estate – Construction Commercial Real Estate – Construction Residential Real Estate – Mortgage, Commercial Real Estate – Mortgage, Residential Real Estate – Mortgage, Farmland Consumer Total ALL, beginning of period $ 3,762 $ 960 $ 150 4,215 $ 1,481 $ 18 $ 3,241 $ 13,827 Charge-offs (359 ) — — — (12 ) — (263 ) (634 ) Recoveries 56 — — — 16 — 137 209 Provision for loan losses — — — — — — — — ALL, end of period $ 3,459 $ 960 $ 150 $ 4,215 $ 1,485 $ 18 $ 3,115 $ 13,402 Individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — $ — Collectively evaluated for impairment $ 3,459 $ 960 $ 150 $ 4,215 $ 1,485 $ 18 $ 3,115 $ 13,402 For the three months ended March 31, 2020 (Dollars in thousands) Commercial and Industrial Real Estate – Construction Commercial Real Estate – Construction Residential Real Estate – Mortgage Commercial Real Estate – Mortgage Residential Real Estate – Mortgage, Farmland Consumer Total ALL, beginning of period $ 841 $ 220 $ 60 1,604 $ 510 $ 9 $ 1,328 $ 4,572 Charge-offs — — — — — — (319 ) (319 ) Recoveries 1 — — — — — 68 69 Provision for loan losses 86 27 11 62 16 — 373 575 ALL, end of period $ 928 $ 247 $ 71 $ 1,666 $ 526 $ 9 $ 1,450 $ 4,897 Individually evaluated for impairment $ 144 $ — $ — $ — $ — $ — $ — $ 144 Collectively evaluated for impairment $ 784 $ 247 $ 71 $ 1,666 $ 526 $ 9 $ 1,450 $ 4,753
Summary of Accounts Notes Loans and Financing Receivable	The following tables present the Company’s loan portfolio by internal loan grade as of the dates stated. March 31, 2021 (Dollars in thousands) Grade 1 Prime Grade 2 Desirable Grade 3 Good Grade 4 Acceptable Grade 5 Pass/Watch Grade 6 Special Mention Grade 7 Substandard Total Commercial and industrial $ 1,218 $ 552 $ 125,985 $ 128,054 $ 13,434 $ 7,300 $ 10,292 $ 286,835 Paycheck Protection Program 608,692 — — — — — — 608,692 Real estate – construction, commercial — 650 36,028 78,234 9,045 29,605 2,069 155,631 Real estate – construction, residential 147 74 21,005 20,622 7,228 — 262 49,338 Real estate – mortgage, commercial — 2,645 316,340 228,523 47,630 45,092 9,244 649,474 Real estate – mortgage residential 536 9,561 329,777 131,986 15,773 2,870 5,798 496,301 Real estate – mortgage, farmland 410 — 1,220 3,615 — — — 5,245 Consumer 398 23 18,806 42,638 2,191 497 657 65,210 Gross loans $ 611,401 $ 13,505 $ 849,161 $ 633,672 $ 95,301 $ 85,364 $ 28,322 $ 2,316,726 Less: Deferred loan fees, net of costs (12,184 ) Total $ 2,304,542 December 31, 2020 (Dollars in thousands) Grade 1 Prime Grade 2 Desirable Grade 3 Good Grade 4 Acceptable Grade 5 Pass/Watch Grade 6 Special Mention Grade 7 Substandard Total Commercial and industrial $ 844 $ 484 $ 23,828 $ 85,928 $ 7,251 $ 4 $ 5,336 $ 123,675 Paycheck Protection Program 292,068 — — — — — — 292,068 Real estate – construction, commercial — 2,143 19,524 26,324 5,916 218 577 54,702 Real estate – construction, residential — — 3,073 8,247 6,458 — 262 18,040 Real estate – mortgage, commercial — 3,994 128,163 114,977 15,799 2,968 7,598 273,499 Real estate – mortgage residential — 3,583 101,078 100,601 5,750 158 2,234 213,404 Real estate – mortgage, farmland 444 — 1,175 1,996 — — — 3,615 Consumer 324 36 17,062 28,033 521 1 707 46,684 Gross loans $ 293,680 $ 10,240 $ 293,903 $ 366,106 $ 41,695 $ 3,349 $ 16,714 $ 1,025,687 Less: Deferred loan fees, net of costs (4,271 ) Total $ 1,021,416

Goodwill and Intangibles (Table

Goodwill and Intangibles (Tables)	3 Months Ended
	Mar. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract]
Schedule of Components of Goodwill	The following table presents the components of goodwill as of the dates stated. (Dollars in thousands) Year of acquisition March 31, 2021 December 31, 2020 Charlottesville branch acquisition 2011 $ 366 $ 366 River Bancorp, Inc. acquisition 2016 1,728 1,728 Mortgage business acquisition 2018 600 600 Hammond Insurance Agency acquisition 2019 613 613 Virginia Community Bankshares, Inc. acquisition 2019 16,585 16,585 Bay Banks Merger 2021 7,206 — $ 27,098 $ 19,892
Schedule of Amortizable Intangible Assets	The following table presents information on amortizable intangible assets included on the Company’s consolidated balance sheets as of the dates stated. Gross Net (Dollars in thousands) Carrying Accumulated Carrying March 31, 2021 Value Amortization Value Core deposit intangibles $ 9,626 $ (1,683 ) $ 7,943 Other amortizable intangibles 2,528 (1,031 ) 1,497 Total $ 12,154 $ (2,714 ) $ 9,440 Gross Net (Dollars in thousands) Carrying Accumulated Carrying December 31, 2020 Value Amortization Value Core deposit intangibles $ 2,776 $ (1,366 ) $ 1,410 Other amortizable intangibles 2,528 (1,016 ) 1,512 Total $ 5,304 $ (2,382 ) $ 2,922

Other Real Estate Owned (Tables

Other Real Estate Owned (Tables)	3 Months Ended
	Mar. 31, 2021
Other Real Estate [Abstract]
Summary of Number and Carrying Values of Properties in Other Real Estate Owned	The following table presents the number and carrying values of properties included in other real estate owned (“OREO”) as of the dates stated. March 31, 2021 December 31, 2020 Number of Carrying Number of Carrying Properties Value Properties Value Residential 1 $ — 1 $ — Land 6 420 — — Commercial properties 1 174 — — Total other real estate owned 8 $ 594 1 $ —

Borrowings (Tables)

Borrowings (Tables)	3 Months Ended
	Mar. 31, 2021
Debt Disclosure [Abstract]
Schedule of Information Regarding FHLB Advances Outstanding	The following table presents information regarding FHLB advances outstanding as of the date stated. March 31, 2021 Stated Originated Interest Maturity (Dollars in thousands) Balance Date Rate Date Convertible $ 10,122 2/28/2020 0.56 % 2/28/2030 Daily Rate Credit 31,000 11/6/2020 0.36 % 11/8/2021 Fixed Rate Credit 15,000 1/4/2021 0.23 % 4/1/2021 Fixed Rate Credit 25,000 2/2/2021 0.21 % 5/3/2021 Fixed Rate Credit 35,000 2/8/2021 0.18 % 5/6/2021 Fixed Rate Credit 10,000 2/26/2021 0.19 % 5/28/2021 Fixed Rate Credit 10,000 2/26/2021 0.19 % 5/28/2021 Fixed Rate Credit 27,000 3/8/2021 0.18 % 4/8/2021 Fixed Rate Credit 20,000 3/17/2021 0.17 % 6/17/2021 Total FHLB borrowings $ 183,122

Derivatives (Tables)

Derivatives (Tables)	3 Months Ended
	Mar. 31, 2021
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Summary Notional and Fair Value of Interest Rate Swaps	The following tables present the notional and fair value of interest rate swaps recorded as other assets and other liabilities on the Company’s consolidated balance sheets as of the dates stated. March 31, 2021 (Dollars in thousands) Notional Amount Fair Value Interest rate swap agreement Receive fixed/pay variable swaps $ 2,088 $ 215 Pay fixed/receive variable swaps 2,088 (215 ) December 31, 2020 (Dollars in thousands) Notional Amount Fair Value Interest rate swap agreement Receive fixed/pay variable swaps $ 2,100 $ 339 Pay fixed/receive variable swaps 2,100 (339 )
Summary of Identified Hedge Layers	The identified hedge layers are summarized as follows (in thousands): 3-Month LIBOR Cash & Securities Period Hedged Hedged Notional Exposure Hedged From To $ 15,000 $ 15,000 July 1, 2019 July 1, 2022 $ 25,000 $ 25,000 August 2, 2019 February 2, 2023 $ 10,000 $ 10,000 August 29, 2019 August 29, 2023 Each hedge layer has a variable receive leg of 3-month LIBOR and a fixed pay leg of 1.80%. At the time the hedges identified in the table above expire, new hedges will begin summarized as follows (in thousands): 3-Month LIBOR Cash & Securities Period Hedged Hedged Notional Exposure Hedged From To $ 15,000 $ 15,000 July 1, 2022 July 1, 2032 $ 25,000 $ 25,000 February 2, 2023 February 2, 2033 $ 10,000 $ 10,000 August 29, 2023 August 29, 2033 Each hedge layer has a variable receive leg of 3-month LIBOR and a fixed pay leg ranging from 0.92% to 0.95%. Beginning in 2020, the Company entered into three additional hedges summarized as follows (in thousands): 3-Month LIBOR Cash & Securities Period Hedged Hedged Notional Exposure Hedged From To $ 20,000 $ 20,000 March 13, 2020 March 13, 2030 $ 35,000 $ 35,000 May 6, 2020 May 6, 2027 $ 10,000 $ 10,000 May 29, 2020 May 29, 2027

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Assumptions to Determine Estimated Fair Value of Converted Stock Options	The following table presents the ranges and weighted-averages of assumptions used in the Black-Scholes Model to determine the estimated fair value of the converted stock options from the Bay Banks Merger. As of January 31, 2021 Range Weighted-average Risk free interest rate (U.S. Treasury) 0.06% - 0.45% 0.32% Expected term (years) 0.14 - 5.00 3.89 Expected volatility 21.2% - 38.2% 32.8% Expected dividend yield 2.85% 2.85%

Fair Value (Tables)

Fair Value (Tables)	3 Months Ended
	Mar. 31, 2021
Fair Value Disclosures [Abstract]
Summary of Financial Assets Measured at Fair Value on Recurring Basis	The following tables present the balances of financial assets measured at fair value on a recurring basis as of the dates stated. March 31, 2021 (Dollars in thousands) Total Level 1 Level 2 Level 3 Securities available for sale State and municipals $ 31,476 $ — $ 31,476 $ — U.S. Treasury and agencies 53,726 — 53,726 — Mortgage backed securities 157,128 — 157,128 — Corporate bonds 36,404 — 36,404 — Total securities available for sale $ 278,734 $ — $ 278,734 $ — Other assets Rabbi trust assets $ 1,130 $ 1,130 $ — $ — Mortgage derivative asset 5,949 — 5,949 — Interest rate swap asset 7,248 — 7,248 — Other liabilities Mortgage derivative liability $ — $ — $ — $ — Interest rate swap liability 1,593 — 1,593 — December 31, 2020 (Dollars in thousands) Total Level 1 Level 2 Level 3 Securities available for sale State and municipals $ 14,259 $ — $ 14,259 $ — U.S. Treasury and agencies 2,409 — 2,409 — Mortgage backed securities 72,635 — 72,635 — Corporate bonds 20,172 — 20,172 — Total securities available for sale $ 109,475 $ — $ 109,475 $ — Other assets Mortgage derivative asset $ 5,293 $ — $ 5,293 $ — Interest rate swap asset 1,716 — 1,716 — Other liabilities Mortgage derivative liability $ 1,569 $ — $ 1,569 $ — Interest rate swap liability 2,735 — 2,735 —
Summary of Change in MSR Assets Using Level 3 Inputs	The following tables present the change in MSR assets using Level 3 inputs as of and for the periods stated. (Dollars in thousands) MSRs Balance, December 31, 2020 $ 7,084 Acquired in Bay Banks Merger 987 Additions 3,935 Write-offs (122 ) Amortization (452 ) Impairments (1 ) Fair value adjustments 2,397 Balance, March 31, 2021 - fair value $ 13,828 Balance, March 31, 2021 - amortized cost $ 11,442 (Dollars in thousands) MSRs Balance, December 31, 2019 $ — Additions 7,539 Write-offs (61 ) Amortization (391 ) Impairments (3 ) Fair value adjustments 207 Balance, December 31, 2020 - fair value $ 7,291 Balance, December 31, 2020 - amortized cost $ 7,084
Summary of Assets Measured at Fair Value	The following tables summarize assets that were measured at fair value on a nonrecurring basis as of the dates stated. March 31, 2021 (Dollars in thousands) Total Level 1 Level 2 Level 3 Impaired loans, net $ 5,692 $ — $ — $ 5,692 Loans held for sale 122,453 — 122,453 — OREO 594 — — 594 December 31, 2020 (Dollars in thousands) Total Level 1 Level 2 Level 3 Impaired loans, net $ 2,187 $ — $ — $ 2,187 Loans held for sale 148,209 — 148,209 —
Summary of Quantitative Information about Level 3 Fair Value Measurements	The following tables present quantitative information about Level 3 fair value measurements as of the dates stated. Balance as of Valuation Unobservable Weighted (Dollars in thousands) March 31, 2021 Technique Input Average Impaired loans, net $ 5,692 Discounted appraised value Selling costs 10 % OREO 594 Discounted appraised value Selling costs 7 % (Dollars in thousands) December 31, 2020 Technique Input Average Impaired loans, net $ 2,097 Discounted appraised value Selling costs 10 % 90 Discounted cash flows Discount rate 6 %
Summary of Estimated Fair Values and Related Carrying Amounts and Valuation Level of Financial Instruments	The following tables present the estimated fair values, related carrying amounts, and valuation level of the Company’s financial instruments as of the dates stated. Carrying Value as of Fair Value as of Fair Value Measurements as of March 31, 2021 (Dollars in thousands) March 31, 2021 March 31, 2021 Level 1 Level 2 Level 3 Financial Assets Cash and due from banks $ 273,540 $ 273,540 $ 273,540 $ — $ — Federal funds sold 5,238 5,238 5,238 — — Certificates of deposit 1,018 1,018 — 1,018 — Securities available for sale 278,734 278,734 — 278,734 — Restricted equity and other investments 14,821 14,821 — 14,821 — PPP loans receivable, net 597,626 597,626 — — 597,626 Loans held for investment, net 1,693,514 1,713,201 — — 1,713,201 Accrued interest receivable 10,507 10,507 — 10,507 — Bank owned life insurance 36,164 36,164 — 36,164 — Financial Liabilities Noninterest-bearing demand deposits $ 617,102 $ 617,102 $ 617,102 $ — $ — Interest-bearing demand and money market deposits 751,390 751,390 — 751,390 — Savings deposits 159,455 159,455 — 159,455 — Time deposits 612,171 618,166 — — 618,166 Securities sold under repurchase agreements 1,198 1,198 1,198 — — FHLB borrowings 183,122 182,890 — 182,890 — FRB borrowings 509,667 509,667 — 509,667 — Subordinated notes, net 54,588 56,342 — — 56,342 Carrying Value as of Fair Value as of Fair Value Measurements as of December 31, 2020 (Dollars in thousands) December 31, 2020 December 31, 2020 Level 1 Level 2 Level 3 Financial Assets Cash and due from banks $ 117,945 $ 117,945 $ 117,945 $ — $ — Federal funds sold 775 775 775 — — Securities available for sale 109,475 109,475 — 109,475 — Restricted equity investments 11,173 11,173 — 11,173 — PPP loans receivable, net 288,533 288,533 — — 288,533 Loans held for investment, net 719,056 720,396 — — 720,396 Accrued interest receivable 5,428 5,428 — 5,428 — Bank owned life insurance 15,724 15,724 — 15,724 — Financial Liabilities Noninterest-bearing demand deposits $ 333,051 $ 333,051 $ 333,051 $ — $ — Interest-bearing demand and money market deposits 282,263 282,263 — 282,263 Savings deposits 78,352 78,352 — 78,352 — Time deposits 251,443 257,647 — — 257,647 FHLB borrowings 115,000 114,983 — 114,983 — FRB borrowings 281,650 281,650 — 281,650 — Subordinated notes, net 24,506 25,830 — — 25,830

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2021
Leases [Abstract]
Summary of Company's Leases	The following tables present information about the Company’s leases as of and for the periods stated. (Dollars in thousands) March 31, 2021 Lease liabilities $ 7,990 Right-of-use asset $ 6,805 Weighted average remaining lease term (years) 6.22 Weighted average discount rate 2.94 %
Summary of Lease Cost	For the three months ended March 31, (Dollars in thousands) 2021 2020 Operating lease cost $ 646 $ 431 Total lease cost $ 646 $ 431
Summary of Operating Lease Liabilities	The following table presents a maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total of operating lease liabilities as of the date stated. (Dollars in thousands) March 31, 2021 Nine months ending December 31, 2021 $ 1,636 Twelve months ending December 31, 2022 1,596 Twelve months ending December 31, 2023 1,268 Twelve months ending December 31, 2024 940 Twelve months ending December 31, 2025 786 Thereafter 2,403 Total undiscounted cash flows 8,629 Discount (639 ) Lease liabilities $ 7,990

Minimum Regulatory Capital (Tab

Minimum Regulatory Capital (Tables)	3 Months Ended
	Mar. 31, 2021
Regulatory Matters [Abstract]
Summary of Capital and Capital Ratios to The Bank	The following tables present the capital and capital ratios to which the Bank is subject and the amounts and ratios to be adequately and well capitalized as of the dates stated. Adequately capitalized ratios include the conversation buffer. Actual For Capital Adequacy Purposes To Be Well Capitalized (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of March 31, 2021 Total risk based capital (To risk-weighted assets) Blue Ridge Bank, N.A. $ 236,932 13.67 % $ 182,013 10.50 % $ 173,345 10.00 % Tier 1 capital (To risk-weighted assets) Blue Ridge Bank, N.A. $ 223,428 12.89 % $ 147,343 8.50 % $ 138,676 8.00 % Common equity tier 1 capital (To risk-weighted assets) Blue Ridge Bank, N.A. $ 223,428 12.89 % $ 121,342 7.00 % $ 112,674 6.50 % Tier 1 leverage (To average assets) Blue Ridge Bank, N.A. $ 223,428 10.69 % $ 83,617 4.00 % $ 104,521 5.00 % Actual For Capital Adequacy Purposes To Be Well Capitalized (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2020 Total risk based capital (To risk-weighted assets) Blue Ridge Bank, N.A. $ 109,219 13.10 % $ 87,574 10.50 % $ 83,404 10.00 % Tier 1 capital (To risk-weighted assets) Blue Ridge Bank, N.A. $ 98,751 11.84 % $ 70,893 8.50 % $ 66,723 8.00 % Common equity tier 1 capital (To risk-weighted assets) Blue Ridge Bank, N.A. $ 98,751 11.84 % $ 58,383 7.00 % $ 54,213 6.50 % Tier 1 leverage (To average assets) Blue Ridge Bank, N.A. $ 98,751 8.34 % $ 47,363 4.00 % $ 59,180 5.00 %

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2021
Earnings Per Share [Abstract]
Summary of Computation of Basic and Diluted EPS	The following table shows the calculation of basic and diluted EPS and the weighted average number of shares outstanding used in computing EPS and the effect on the weighted average number of shares outstanding of dilutive potential common stock. Basic EPS amounts are computed by dividing net income (the numerator) by the weighted average number of common shares outstanding (the denominator). Diluted EPS amounts assume the conversion, exercise, or issuance of all potential common stock instruments, unless the effect is to reduce the loss or increase earnings per common share. Potential dilutive common stock instruments include exercisable stock options, including those converted and assumed in the Bay Banks Merger. For the three months ended March 31, 2021, stock options for 75,410 shares of the Company’s common stock were not included in the computation of diluted earnings per share because their effects would have been anti-dilutive. Weighted average common shares outstanding, basic and dilutive, for all periods presented are presented on a post Stock Split basis. For the three months ended March 31, (Dollars in thousands, except per share data) 2021 2020 Net income $ 4,237 $ 841 Net income attributable to noncontrolling interest (9 ) (9 ) Net income available to common shareholders $ 4,228 $ 832 Weighted average common shares outstanding, basic 15,137,446 8,496,581 Effect of dilutive securities 16,533 — Weighted average common shares outstanding, dilutive 15,153,979 8,496,581 Basic and diluted earnings per common share $ 0.28 $ 0.10

Business Segments (Tables)

Business Segments (Tables)	3 Months Ended
	Mar. 31, 2021
Segment Reporting [Abstract]
Summary of Segment Reporting Information by Segment	The following tables present revenues and expenses by segment for the periods stated. For the three months ended March 31, 2021 (Dollars in thousands) Commercial Banking Mortgage Banking Parent Only Eliminations Blue Ridge Bankshares, Inc. Consolidated Revenues: Interest income $ 21,707 $ 820 $ 49 $ — $ 22,576 Service charges on deposit accounts 327 — — — 327 Residential mortgage banking income, net — 9,301 — — 9,301 Mortgage servicing rights — 3,371 — — 3,371 Gain on sale of guaranteed USDA loans 1,074 — — — 1,074 Wealth and trust management 602 — — — 602 Increase in cash surrender value of bank owned life insurance 164 — — — 164 Payroll processing revenue 270 — — — 270 Bank and purchase card, net 300 — — — 300 Other income 373 — 52 (25 ) 400 Total income 24,817 13,492 101 (25 ) 38,385 Expenses: Interest expense 1,871 58 630 — 2,559 Provision for loan losses — — — — — Salaries and employee benefits 5,741 8,268 — — 14,009 Merger-related expenses 8,137 — 882 — 9,019 Other operating expenses 5,170 2,181 158 (25 ) 7,484 Total expense 20,919 10,507 1,670 (25 ) 33,071 Income (loss) before income taxes 3,898 2,985 (1,569 ) — 5,314 Income tax expense 763 605 (291 ) — 1,077 Net income (loss) $ 3,135 $ 2,380 $ (1,278 ) $ — $ 4,237 Net (income) loss attributable to noncontrolling interest $ (9 ) $ — $ — $ — $ (9 ) Net income (loss) attributable to Blue Ridge Bankshares, Inc. $ 3,126 $ 2,380 $ (1,278 ) $ — $ 4,228 For the three months ended March 31, 2020 (Dollars in thousands) Commercial Banking Mortgage Banking Parent Only Eliminations Blue Ridge Bankshares, Inc. Consolidated Revenues: Interest income $ 10,057 $ 362 $ 4 $ — $ 10,423 Service charges on deposit accounts 272 — — — 272 Residential mortgage banking income, net — 3,861 — — 3,861 Gain on sale of guaranteed USDA loans 20 — — — 20 Increase in cash surrender value of bank owned life insurance 93 — — — 93 Payroll processing revenue 303 — — — 303 Bank and purchase card, net 129 — — — 129 Other income 168 — — (6 ) 162 Total income 11,042 4,223 4 (6 ) 15,263 Expenses: Interest expense 2,121 102 177 — 2,400 Provision for loan losses 575 — — — 575 Salaries and employee benefits 3,433 3,908 — — 7,341 Merger-related expenses 265 — 4 269 Other operating expenses 2,266 1,105 205 (6 ) 3,570 Total expense 8,660 5,115 386 (6 ) 14,155 Income (loss) before income taxes 2,382 (892 ) (382 ) — 1,108 Income tax expense 498 (188 ) (43 ) — 267 Net income (loss) $ 1,884 $ (704 ) $ (339 ) $ — $ 841 Net (income) loss attributable to noncontrolling interest $ (9 ) $ — $ — $ — $ (9 ) Net income (loss) attributable to Blue Ridge Bankshares, Inc. $ 1,875 $ (704 ) $ (339 ) $ — $ 832

Changes to Accumulated Other _2

Changes to Accumulated Other Comprehensive Income, Net (Tables)	3 Months Ended
	Mar. 31, 2021
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Components of Accumulated Other Comprehensive Income (Loss)	The following tables present components of accumulated other comprehensive income (loss) for the periods stated. For the three months ended March 31, 2021 (Dollars in thousands) Net Unrealized Gains (Losses) on Available for Sale Securities Net Unrealized Gains (Losses) on Interest Rate Swaps Accumulated Other Comprehensive Income (Loss), net Balance as of January 1, 2021 $ 1,069 $ (805 ) $ 264 Change in net unrealized holding (losses) gains on securities available for sale, net of deferred tax benefit of $660 (2,482 ) — (2,482 ) Change in net unrealized holding gains (losses) on interest rate swaps, net of deferred tax expense of $1,662 — 6,253 6,253 Balance as of March 31, 2021 $ (1,413 ) $ 5,448 $ 4,035 For the three months ended March 31, 2020 (Dollars in thousands) Net Unrealized Gains (Losses) on Available for Sale Securities Net Unrealized Gains (Losses) on Interest Rate Swaps Accumulated Other Comprehensive Income (Loss), net Balance as of January 1, 2020 $ 423 $ (194 ) $ 229 Change in net unrealized holding (losses) gains on securities available for sale, net of deferred tax benefit of $128 (484 ) — (484 ) Change in net unrealized holding (losses) gains on interest rate swaps, net of deferred tax benefit of $665 — (2,499 ) (2,499 ) Balance as of March 31, 2020 $ (61 ) $ (2,693 ) $ (2,754 )

Organization and Basis of Pre_2

Organization and Basis of Presentation - Additional Information (Detail) $ in Millions	Mar. 17, 2021	Mar. 31, 2021USD ($)
Organization And Basis Of Presentation [Line Items]
Stockholders equity note reverse stocks split conversion ratio	1.5
Stock split description	On March 17, 2021, the Company announced that its board of directors had approved a three-for-two stock split (“Stock Split”) effected in the form of a 50% stock dividend on its common stock outstanding paid on April 30, 2021 to shareholders of record as of April 20, 2021.
Percentage of stock dividend payable on stock split of common stock.	50.00%
Dividend, payment date	Apr. 30, 2021
Dividend, record date	Apr. 20, 2021
Correction of Prior Period Classification Error [Member]
Organization And Basis Of Presentation [Line Items]
Decrease in loans held for sale		$ 30.4
Increase in loans held for investment		$ 30.4

Business Combinations - Additio

Business Combinations - Additional Information (Detail) - USD ($)	1 Months Ended	3 Months Ended
	Jan. 31, 2021	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Business Acquisition [Line Items]
Common stock, shares, issued		18,621,531		8,577,932
Options to acquire shares of common stock on post stock split basis	148,764
Goodwill		$ 27,098,000		$ 19,892,000	[1]
Merger-related expense		$ 9,000,000
Statutory federal tax rate		21.00%
Core Deposits [Member]
Business Acquisition [Line Items]
Amortized over an estimated useful life		10 years
Bay Banks [Member]
Business Acquisition [Line Items]
Common stock shares received by shareholders	0.5000
Common stock, shares, issued	6,634,495
Business acquisition, common stock issued post stock split basis	9,951,743
Fair value of consideration transferred	$ 124,900,000
Cash paid in lieu of fractional shares to common shareholders	$ 3,400
Option to purchase additional shares	198,362
Options to acquire shares of common stock	99,176
Options to acquire shares of common stock on post stock split basis	148,764
Estimated fair value of common stock	$ 472,000
Settlement of net debt	650,000
Goodwill	$ 7,206,000	$ 7,206,000
Merger-related expense			$ 0
Statutory federal tax rate	21.00%
Bay Banks [Member] | Subordinated Notes [Member]
Business Acquisition [Line Items]
Acquired subordinated notes	$ 1,750,000
Bay Banks [Member] | Subordinated Notes [Member]
Business Acquisition [Line Items]
Acquired subordinated notes	$ 1,100,000
[1]	Derived from audited December 31, 2020 Consolidated Financial Statements.

Business Combinations - Summary

Business Combinations - Summary of Estimated Fair Value Adjustments of Consideration Paid, Acquired Asset and Assumed Liabilities (Detail) - USD ($)	1 Months Ended
	Jan. 31, 2021	Mar. 31, 2021	Dec. 31, 2020	[1]
Fair value of liabilities assumed:
Goodwill		$ 27,098,000	$ 19,892,000
Bay Banks [Member]
Consideration paid:
Company's common shares issued	9,951,743
Purchase price per share	$ 12.55
Value of common stock issued	$ 124,928,000
Estimated fair value of common stock	472,000
Cash in lieu of fractional shares	3,400
Total consideration paid	125,403,000
Effective settlement of subordinated notes	(650,000)
Total consideration paid less effective settlement of subordinated notes	124,753,000
Fair value of assets acquired:
Cash and due from banks	44,066,000
Federal funds sold	1,732,000
Certificates of deposit	1,018,000
Securities available for sale	79,505,000
Restricted securities	4,385,000
Loans held for investment	1,030,433,000
Loans held for sale	3,814,000
Premises and equipment	15,532,000
Right of use asset	1,864,000
Other real estate owned	598,000
Bank owned life insurance	20,259,000
Mortgage servicing rights	987,000
Core deposit intangible	6,850,000
Deferred tax asset, net	2,685,000
Other assets	10,855,000
Total assets	1,224,583,000
Fair value of liabilities assumed:
Deposits	1,030,888,000
FHLB borrowings	10,124,000
FRB borrowings	24,815,000
Subordinated notes	31,850,000
Other liabilities	9,359,000
Total liabilities	1,107,036,000
Net identifiable assets acquired at fair value	117,547,000
Goodwill	$ 7,206,000	$ 7,206,000
[1]	Derived from audited December 31, 2020 Consolidated Financial Statements.

Business Combinations - Summa_2

Business Combinations - Summary of Estimated Fair Value Adjustments of Consideration Paid, Acquired Asset and Assumed Liabilities (Parenthetical) (Detail) - USD ($)	Apr. 30, 2021	Mar. 17, 2021	Jan. 31, 2021	Mar. 31, 2021
Business Acquisition [Line Items]
Stock split description		On March 17, 2021, the Company announced that its board of directors had approved a three-for-two stock split (“Stock Split”) effected in the form of a 50% stock dividend on its common stock outstanding paid on April 30, 2021 to shareholders of record as of April 20, 2021.
Statutory federal tax rate				21.00%
Subsequent Event [Member]
Business Acquisition [Line Items]
Stock split description	3-for-2 stock split
Bay Banks [Member]
Business Acquisition [Line Items]
Statutory federal tax rate			21.00%
FHLB advance assumed			$ 10,124,000
Bay Banks [Member] | Time Deposits [Member]
Business Acquisition [Line Items]
Fair value adjustment (premium)			5,800,000
Bay Banks [Member] | FHLB [Member]
Business Acquisition [Line Items]
Fair value adjustment (premium)			124,000
Bay Banks [Member] | Subordinated Notes [Member]
Business Acquisition [Line Items]
Fair value adjustment (premium)			950,000
Bay Banks [Member] | Core Deposits [Member]
Business Acquisition [Line Items]
Fair value adjustment (premium)			100,000
Bay Banks [Member] | Premises and Equipment [Member]
Business Acquisition [Line Items]
Fair value adjustment (premium)			4,400,000
Bay Banks [Member] | Deferred Tax Asset, Net [Member]
Business Acquisition [Line Items]
Fair value adjustment (premium)			2,100,000
Bay Banks [Member] | Core Deposits Intangible [Member]
Business Acquisition [Line Items]
Fair value adjustment (premium)			203,000
Bay Banks [Member] | Loan Held for Investment [Member]
Business Acquisition [Line Items]
Fair value adjustment (premium)			$ 17,900,000
Fair value adjustment percentage			1.70%
Bay Banks [Member] | Subsequent Event [Member]
Business Acquisition [Line Items]
Stock split description	Common shares issued and purchase price per share are presented on a post Stock Split basis, which was effective April 30, 2021.

Business Combinations - Summa_3

Business Combinations - Summary of Purchased Performing and PCI Loans Receivable (Detail) - Bay Banks [Member] $ in Thousands	Jan. 31, 2021USD ($)
Business Acquisition [Line Items]
Principal payments receivable	$ 1,048,289
Fair value adjustment - credit and interest	(17,856)
Fair value of acquired loans	1,030,433
Purchased Performing [Member]
Business Acquisition [Line Items]
Principal payments receivable	936,523
Fair value adjustment - credit and interest	(2,784)
Fair value of acquired loans	933,739
PCI [Member]
Business Acquisition [Line Items]
Principal payments receivable	111,766
Fair value adjustment - credit and interest	(15,072)
Fair value of acquired loans	$ 96,694

Business Combinations - Summa_4

Business Combinations - Summary of Fair Value Adjustments of Acquired Asset and Assumed Liabilities (Detail) - Bay Banks [Member] $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)
Business Acquisition [Line Items]
Loans	$ 272
Time deposits	687
FHLB borrowings	2
Subordinated notes	35
CDI	(226)
Net impact to income before income taxes	$ 770

Business Combinations - Summa_5

Business Combinations - Summary of Business Acquisition, Pro Forma Information (Detail) - Bay Banks [Member] - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Business Acquisition [Line Items]
Revenue (net interest income plus noninterest income)	$ 39,005	$ 24,098
Net income	$ 11,944	$ 3,928
Earnings per common share	$ 0.64	$ 0.21

Investments - Summary of Amorti

Investments - Summary of Amortized Cost and Fair Values of Investment Securities Available for Sale (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Schedule Of Available For Sale And Held To Maturity Securities [Line Items]
Investment securities, Amortized Cost	$ 281,062	$ 108,661
Investment securities, Gross Unrealized Gains	1,419	1,423
Investment securities, Gross Unrealized Losses	(3,747)	(609)
Investment securities, Fair Value	278,734	109,475
Mortgage Backed Securities [Member]
Schedule Of Available For Sale And Held To Maturity Securities [Line Items]
Available for sale, Amortized Cost	159,239	72,337
Available for sale, Gross Unrealized Gains	440	696
Available for sale, Gross Unrealized Losses	(2,552)	(398)
Available for sale, Fair Value	157,127	72,635
U.S. Treasury and Agencies [Member]
Schedule Of Available For Sale And Held To Maturity Securities [Line Items]
Available for sale, Amortized Cost	54,477	2,500
Available for sale, Gross Unrealized Gains	56
Available for sale, Gross Unrealized Losses	(807)	(91)
Available for sale, Fair Value	53,726	2,409
Corporate Bonds [Member]
Schedule Of Available For Sale And Held To Maturity Securities [Line Items]
Available for sale, Amortized Cost	35,716	19,755
Available for sale, Gross Unrealized Gains	738	469
Available for sale, Gross Unrealized Losses	(49)	(52)
Available for sale, Fair Value	36,405	20,172
State and Municipal [Member]
Schedule Of Available For Sale And Held To Maturity Securities [Line Items]
Available for sale, Amortized Cost	31,630	14,069
Available for sale, Gross Unrealized Gains	185	258
Available for sale, Gross Unrealized Losses	(339)	(68)
Available for sale, Fair Value	$ 31,476	$ 14,259

Investments - Additional Inform

Investments - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Schedule Of Investments [Line Items]
Securities sold under repurchase agreements	$ 1,198
Securities pledged as collateral fair value	3,000
Federal home loan bank stock	8,200	$ 5,800
Federal reserve bank stock	4,900	2,200
Correspondent bank stock	468	248
Other equity investments	1,200	3,000
FHLB [Member]
Schedule Of Investments [Line Items]
Securities pledged	23,600	29,400
Treasury Board Commonwealth of Virginia [Member]
Schedule Of Investments [Line Items]
Securities pledged	$ 11,900	$ 12,500

Investments - Summary of Invest

Investments - Summary of Investments Classified by Contractual Maturity Date (Detail) $ in Thousands	Mar. 31, 2021USD ($)
Schedule Of Investments [Abstract]
Debt Securities Available for Sale, Amortized Cost, Due in one year or less	$ 20,100
Debt Securities Available for Sale, Amortized Cost, Due after one year through five years	52,994
Debt Securities Available for Sale, Amortized Cost, Due after five years through ten years	41,606
Debt Securities Available for Sale, Amortized Cost, Due after ten years	166,362
Total	281,062
Debt Securities Available for Sale, Fair Value, Due in one year or less	19,986
Debt Securities Available for Sale, Fair Value, Due after one year through five years	53,082
Debt Securities Available for Sale, Fair Value, Due after five years through ten years	41,811
Debt Securities Available for Sale, Fair Value, Due after ten years	163,855
Total	$ 278,734

Investments - Summary of Unreal

Investments - Summary of Unrealized Losses (Detail) $ in Thousands	Mar. 31, 2021USD ($)Security	Dec. 31, 2020USD ($)Security
Schedule Of Available For Sale And Held To Maturity Securities [Line Items]
Number of Securities | Security	125	36
Available-for-sale Securities, Fair Value, Less Than 12 Months	$ 159,462	$ 29,308
Available-for-sale Securities, Unrealized Losses, Less Than 12 Months	(3,551)	(231)
Available-for-sale Securities, Fair Value, 12 Months or Greater	11,158	10,547
Available-for-sale Securities, Unrealized Losses, 12 months or Greater	(196)	(378)
Fair Value, Total	170,620	39,855
Unrealized Losses, Total	$ (3,747)	$ (609)
State and Municipal [Member]
Schedule Of Available For Sale And Held To Maturity Securities [Line Items]
Number of Securities | Security	38	6
Available-for-sale Securities, Fair Value, Less Than 12 Months	$ 17,258	$ 3,111
Available-for-sale Securities, Unrealized Losses, Less Than 12 Months	(339)	(68)
Fair Value, Total	17,258	3,111
Unrealized Losses, Total	$ (339)	$ (68)
U.S. Treasury and Agencies [Member]
Schedule Of Available For Sale And Held To Maturity Securities [Line Items]
Number of Securities | Security	46	1
Available-for-sale Securities, Fair Value, Less Than 12 Months	$ 31,377	$ 2,410
Available-for-sale Securities, Unrealized Losses, Less Than 12 Months	(807)	(91)
Fair Value, Total	31,377	2,410
Unrealized Losses, Total	$ (807)	$ (91)
Mortgage Backed Securities [Member]
Schedule Of Available For Sale And Held To Maturity Securities [Line Items]
Number of Securities | Security	37	22
Available-for-sale Securities, Fair Value, Less Than 12 Months	$ 105,822	$ 20,545
Available-for-sale Securities, Unrealized Losses, Less Than 12 Months	(2,381)	(65)
Available-for-sale Securities, Fair Value, 12 Months or Greater	10,182	8,592
Available-for-sale Securities, Unrealized Losses, 12 months or Greater	(171)	(333)
Fair Value, Total	116,004	29,137
Unrealized Losses, Total	$ (2,552)	$ (398)
Corporate Bonds [Member]
Schedule Of Available For Sale And Held To Maturity Securities [Line Items]
Number of Securities | Security	4	7
Available-for-sale Securities, Fair Value, Less Than 12 Months	$ 5,005	$ 3,242
Available-for-sale Securities, Unrealized Losses, Less Than 12 Months	(24)	(7)
Available-for-sale Securities, Fair Value, 12 Months or Greater	976	1,955
Available-for-sale Securities, Unrealized Losses, 12 months or Greater	(25)	(45)
Fair Value, Total	5,981	5,197
Unrealized Losses, Total	$ (49)	$ (52)

Loans and Allowance for Loan _3

Loans and Allowance for Loan Losses - Summary of Loans Held for Investment (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Loans and Leases Receivable Disclosure [Line Items]
Gross loans	$ 2,316,726	$ 1,025,687
Less: Deferred loan fees, net of costs	(12,184)	(4,271)
Total	2,304,542	1,021,416
Commercial and Industrial [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans	286,835	123,675
Paycheck Protection Program [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans	608,692	292,068
Construction, Commercial [Member] | Real Estate [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans	155,631	54,702
Construction, Residential [Member] | Real Estate [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans	49,338	18,040
Mortgage, Commercial [Member] | Real Estate [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans	649,474	273,499
Mortgage, Residential [Member] | Real Estate [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans	496,301	213,404
Mortgage, Farmland [Member] | Real Estate [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans	5,245	3,615
Consumer [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans	$ 65,210	$ 46,684

Loans and Allowance for Loan _4

Loans and Allowance for Loan Losses - Additional Information (Detail)	1 Months Ended	3 Months Ended	12 Months Ended
	Apr. 30, 2020USD ($)	Mar. 31, 2021USD ($)Loan	Dec. 31, 2020USD ($)Loan		Jan. 31, 2021USD ($)Loan	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Loans and Leases Receivable Disclosure [Line Items]
Gross loans		$ 2,316,726,000	$ 1,025,687,000
Allowance for loan losses		13,402,000	13,827,000	[1]		$ 4,897,000	$ 4,572,000
Nonperforming trouble debt restructuring		293,000	142,000
Payment Deferral [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans		$ 31,000,000	$ 110,600,000
Number of loan deferrals | Loan		30	550
Payment Deferral [Member] | Bay Banks [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans					$ 160,000,000
Number of loan deferrals | Loan					400
PPP 1 [Member]
Loans and Leases Receivable Disclosure [Line Items]
Payrolls and other operating expenses	$ 650,000,000,000
Loans and lease receivable prior period	2 years
Loans and lease receivable subsequent period	5 years
Percentage of Loans receivable interest rate	1.00%
Percentage of loan earned processing fee one rate	1.00%
Percentage of loan earned processing fee two rate	3.00%
Percentage of loan earned processing fee three rate	5.00%
Loans and leases receivable originated			$ 363,400,000
Loans and leases receivable forgiven			71,300,000
Gross loans		$ 261,000,000
Nonrefundable fees and other costs deferred and amortized as component of loan yield over expected life of loans		1 year 6 months
Loans and leases receivable of processing fees, net of agent fees			11,500,000
Loans and leases receivable unamortized fee		$ 1,300,000
Loans and leases receivable recognized interest income		$ 2,200,000
PPP 2 [Member]
Loans and Leases Receivable Disclosure [Line Items]
Percentage of Loans receivable interest rate		1.00%
Loans and leases receivable forgiven		$ 0
Gross loans		$ 348,000,000
Number of loans | Loan		3,800
Loans and lease receivable contractual term		5 years
Loans and leases receivable of processing fees, net of agent fees		$ 11,200,000
Loans and leases receivable unamortized fee		10,100,000
Loans and leases receivable recognized interest income		$ 1,100,000
PPP 2 [Member] | Minimum [Member]
Loans and Leases Receivable Disclosure [Line Items]
Nonrefundable fees and other costs deferred and amortized as component of loan yield over expected life of loans		1 year
PPP 2 [Member] | Maximum [Member]
Loans and Leases Receivable Disclosure [Line Items]
Nonrefundable fees and other costs deferred and amortized as component of loan yield over expected life of loans		3 years
PPP 2 [Member] | Scenario One [Member]
Loans and Leases Receivable Disclosure [Line Items]
Processing fee for loans not more than loan balance		$ 50,000
Processing fee for loans not more than loan balance percentage		50.00%
Processing fee for loans balance		$ 2,500
PPP 2 [Member] | Scenario Two [Member]
Loans and Leases Receivable Disclosure [Line Items]
Processing fee for loans not more than loan balance		$ 350,000
Processing fee for loans not more than loan balance percentage		5.00%
Processing fee for loans more than loan balance		$ 50,000
PPP 2 [Member] | Scenario Three [Member]
Loans and Leases Receivable Disclosure [Line Items]
Processing fee for loans more than loan balance		$ 350,000
Processing fee for loans more than loan balance percentage		3.00%
Commercial and Residential Mortgages [Member] | FHLB [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans pledged		$ 567,000,000	213,300,000
Pay Check Protection Loans [Member] | Paycheck Protection Plan Liquidity Facility Advances [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans pledged		509,700,000	281,600,000
Paycheck Protection Program [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans		608,692,000	292,068,000
Allowance for loan losses		$ 0	$ 0
[1]	Derived from audited December 31, 2020 Consolidated Financial Statements.

Loans and Allowance for Loan _5

Loans and Allowance for Loan Losses - Acquired Loans Included in Consolidated Statement of Condition (Detail) - Bay Bank and Virginia Community Bankshares, Inc., [Member] - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable Impaired [Line Items]
Outstanding principal balance	$ 1,080,544	$ 98,579
Recorded investment	1,061,948	97,402
PCI Loans [Member]
Financing Receivable Impaired [Line Items]
Outstanding principal balance	112,964	1,278
Recorded investment	97,892	1,085
Purchased Performing Loans [Member]
Financing Receivable Impaired [Line Items]
Outstanding principal balance	967,580	97,301
Recorded investment	$ 964,056	$ 96,317

Loans and Allowance for Loan _6

Loans and Allowance for Loan Losses - Summary of Changes in Accretable Yield on Purchased Credit Impaired Loans (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Receivables [Abstract]
Balance, beginning of period	$ 123	$ 188
Additions	10,030
Accretion	(840)	(16)
Reclassification of nonaccretable difference due to improvement in expected cash flows	104
Other changes, net	22	(1)
Balance, end of period	$ 9,439	$ 171

Loans and Allowance for Loan _7

Loans and Allowance for Loan Losses - Summary of Financing Receivable, Past Due (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Past Due [Line Items]
Nonaccrual	$ 5,346	$ 6,548
Total Past Due & Nonaccrual	19,838	11,286
PCI Loans	97,892	1,085
Gross loans	2,316,726	1,025,687
Less: Deferred loan fees, net of costs	(12,184)	(4,271)
Total	2,304,542	1,021,416
30-59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Days past due	12,727	4,147
60-89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Days past due	1,758	545
Greater than 90 Days Past Due & Accruing [Member]
Financing Receivable, Past Due [Line Items]
Days past due	7	46
PCI Loans [Member]
Financing Receivable, Past Due [Line Items]
PCI Loans	97,892	1,085
Current Loans [Member]
Financing Receivable, Past Due [Line Items]
Current Loans	2,186,812	1,009,045
Less: Deferred loan fees, net of costs	(12,184)	(4,271)
Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual	1,432	1,310
Total Past Due & Nonaccrual	2,726	2,427
PCI Loans	10,213
Gross loans	286,835	123,675
Commercial and Industrial [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Days past due	1,166	1,117
Commercial and Industrial [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Days past due	128
Commercial and Industrial [Member] | PCI Loans [Member]
Financing Receivable, Past Due [Line Items]
PCI Loans	10,213
Commercial and Industrial [Member] | Current Loans [Member]
Financing Receivable, Past Due [Line Items]
Current Loans	273,896	121,248
Paycheck Protection Program [Member]
Financing Receivable, Past Due [Line Items]
Gross loans	608,692	292,068
Paycheck Protection Program [Member] | Current Loans [Member]
Financing Receivable, Past Due [Line Items]
Current Loans	608,692	292,068
Construction, Commercial [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due & Nonaccrual	310
PCI Loans	31,050	35
Gross loans	155,631	54,702
Construction, Commercial [Member] | 30-59 Days Past Due [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Days past due	310
Construction, Commercial [Member] | PCI Loans [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
PCI Loans	31,049	35
Construction, Commercial [Member] | Current Loans [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Current Loans	124,272	54,667
Construction, Residential [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual	262
Total Past Due & Nonaccrual	1,447	262
Gross loans	49,338	18,040
Construction, Residential [Member] | 30-59 Days Past Due [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Days past due	1,185	262
Construction, Residential [Member] | Current Loans [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Current Loans	47,891	17,778
Mortgage, Commercial [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual	2,032	3,643
Total Past Due & Nonaccrual	6,004	4,625
PCI Loans	47,519	808
Gross loans	649,474	273,499
Mortgage, Commercial [Member] | 30-59 Days Past Due [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Days past due	3,287	771
Mortgage, Commercial [Member] | 60-89 Days Past Due [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Days past due	685	211
Mortgage, Commercial [Member] | PCI Loans [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
PCI Loans	47,520	808
Mortgage, Commercial [Member] | Current Loans [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Current Loans	595,950	268,066
Mortgage, Residential [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual	965	881
Total Past Due & Nonaccrual	7,799	1,989
PCI Loans	7,379	242
Gross loans	496,301	213,404
Mortgage, Residential [Member] | 30-59 Days Past Due [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Days past due	6,027	1,062
Mortgage, Residential [Member] | 60-89 Days Past Due [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Days past due	800
Mortgage, Residential [Member] | Greater than 90 Days Past Due & Accruing [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Days past due	7	46
Mortgage, Residential [Member] | PCI Loans [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
PCI Loans	7,379	242
Mortgage, Residential [Member] | Current Loans [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Current Loans	481,123	211,173
Mortgage, Farmland [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Gross loans	5,245	3,615
Mortgage, Farmland [Member] | Current Loans [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Current Loans	5,245	3,615
Consumer [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual	655	714
Total Past Due & Nonaccrual	1,552	1,983
PCI Loans	1,731
Gross loans	65,210	46,684
Consumer [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Days past due	752	935
Consumer [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Days past due	145	334
Consumer [Member] | PCI Loans [Member]
Financing Receivable, Past Due [Line Items]
PCI Loans	1,731
Consumer [Member] | Current Loans [Member]
Financing Receivable, Past Due [Line Items]
Current Loans	$ 61,927	$ 44,701

Loans and Allowance for Loan _8

Loans and Allowance for Loan Losses - Summary of Recorded Investment of PCI Loans, Past Due (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Past Due [Line Items]
Current Loans	$ 95,215	$ 826
Total Loans	97,892	1,085
Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Current Loans	10,026
Total Loans	10,213
Construction, Commercial [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Current Loans	31,032	35
Total Loans	31,050	35
Mortgage, Commercial [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Current Loans	46,768	584
Total Loans	47,519	808
Mortgage, Residential [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Current Loans	5,662	207
Total Loans	7,379	242
Consumer [Member]
Financing Receivable, Past Due [Line Items]
Current Loans	1,727
Total Loans	1,731
30-89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Days past due	1,469	259
30-89 Days Past Due [Member] | Construction, Commercial [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Days past due	8
30-89 Days Past Due [Member] | Mortgage, Commercial [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Days past due	722	224
30-89 Days Past Due [Member] | Mortgage, Residential [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Days past due	739	$ 35
Greater than 90 Days Past Due & Accruing [Member]
Financing Receivable, Past Due [Line Items]
Days past due	1,208
Greater than 90 Days Past Due & Accruing [Member] | Commercial and Industrial [Member]
Financing Receivable, Past Due [Line Items]
Days past due	187
Greater than 90 Days Past Due & Accruing [Member] | Construction, Commercial [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Days past due	10
Greater than 90 Days Past Due & Accruing [Member] | Mortgage, Commercial [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Days past due	29
Greater than 90 Days Past Due & Accruing [Member] | Mortgage, Residential [Member] | Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Days past due	978
Greater than 90 Days Past Due & Accruing [Member] | Consumer [Member]
Financing Receivable, Past Due [Line Items]
Days past due	$ 4

Loans and Allowance for Loan _9

Loans and Allowance for Loan Losses - Summary of Loan Portfolio Individually and Collectively Evaluated for Impairment (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	$ 1,708,034	$ 733,619
Less: Deferred loan fees, net of costs, excluding PPP loans	(1,118)	(736)
Total, excluding PPP loans	1,706,916	732,883
Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	1,610,142	732,534
PCI Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	97,892	1,085
Individually Evaluated for Impairment [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	5,692	2,331
Total, excluding PPP loans	5,692	2,331
Individually Evaluated for Impairment [Member] | Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	5,692	2,331
Collectively Evaluated for Impairment [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	1,702,342	731,288
Less: Deferred loan fees, net of costs, excluding PPP loans	(1,118)	(736)
Total, excluding PPP loans	1,701,224	730,552
Collectively Evaluated for Impairment [Member] | Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	1,604,450	730,203
Collectively Evaluated for Impairment [Member] | PCI Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	97,892	1,085
Commercial and Industrial [Member] | Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	276,622	123,675
Commercial and Industrial [Member] | PCI Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	10,213
Commercial and Industrial [Member] | Individually Evaluated for Impairment [Member] | Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	3,169	234
Commercial and Industrial [Member] | Collectively Evaluated for Impairment [Member] | Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	273,453	123,441
Commercial and Industrial [Member] | Collectively Evaluated for Impairment [Member] | PCI Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	10,213
Construction, Commercial [Member] | PCI Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans		35
Construction, Commercial [Member] | Real Estate [Member] | Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	124,581	54,667
Construction, Commercial [Member] | Real Estate [Member] | PCI Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	31,050
Construction, Commercial [Member] | Individually Evaluated for Impairment [Member] | Real Estate [Member] | Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	540
Construction, Commercial [Member] | Collectively Evaluated for Impairment [Member] | PCI Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans		35
Construction, Commercial [Member] | Collectively Evaluated for Impairment [Member] | Real Estate [Member] | Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	124,041	54,667
Construction, Commercial [Member] | Collectively Evaluated for Impairment [Member] | Real Estate [Member] | PCI Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	31,050
Construction, Residential [Member] | Real Estate [Member] | Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	49,338	18,040
Construction, Residential [Member] | Collectively Evaluated for Impairment [Member] | Real Estate [Member] | Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	49,338	18,040
Mortgage, Commercial [Member] | PCI Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans		808
Mortgage, Commercial [Member] | Real Estate [Member] | Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	601,955	272,691
Mortgage, Commercial [Member] | Real Estate [Member] | PCI Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	47,519
Mortgage, Commercial [Member] | Individually Evaluated for Impairment [Member] | Real Estate [Member] | Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	1,391	1,645
Mortgage, Commercial [Member] | Collectively Evaluated for Impairment [Member] | PCI Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans		808
Mortgage, Commercial [Member] | Collectively Evaluated for Impairment [Member] | Real Estate [Member] | Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	600,564	271,046
Mortgage, Commercial [Member] | Collectively Evaluated for Impairment [Member] | Real Estate [Member] | PCI Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	47,519
Mortgage, Residential [Member] | PCI Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans		242
Mortgage, Residential [Member] | Real Estate [Member] | Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	488,922	213,162
Mortgage, Residential [Member] | Real Estate [Member] | PCI Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	7,379
Mortgage, Residential [Member] | Individually Evaluated for Impairment [Member] | Real Estate [Member] | Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	592	452
Mortgage, Residential [Member] | Collectively Evaluated for Impairment [Member] | PCI Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans		242
Mortgage, Residential [Member] | Collectively Evaluated for Impairment [Member] | Real Estate [Member] | Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	488,330	212,710
Mortgage, Residential [Member] | Collectively Evaluated for Impairment [Member] | Real Estate [Member] | PCI Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	7,379
Mortgage, Farmland [Member] | Real Estate [Member] | Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	5,245	3,615
Mortgage, Farmland [Member] | Collectively Evaluated for Impairment [Member] | Real Estate [Member] | Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	5,245	3,615
Consumer [Member] | Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	63,479	46,684
Consumer [Member] | PCI Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	1,731
Consumer [Member] | Collectively Evaluated for Impairment [Member] | Originated and Purchased Performing Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	63,479	$ 46,684
Consumer [Member] | Collectively Evaluated for Impairment [Member] | PCI Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Gross loans, excluding PPP loans	$ 1,731

Loans and Allowance for Loan_10

Loans and Allowance for Loan Losses - Summary of Impaired Financing Receivables (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable Impaired [Line Items]
Impaired financing receivable, related allowance		$ 144
Impaired financing receivable, recorded investment	$ 5,692	2,331
Impaired financing receivable, unpaid principal balance	5,752	2,835
Impaired financing receivable, with an allowance recorded, average recorded investment	5,217	2,991
Impaired financing receivable, interest income recognized	63	6
Real Estate [Member] | Construction, Commercial [Member]
Financing Receivable Impaired [Line Items]
Impaired financing receivable, with no specific allowance recorded, recorded investment	540
Impaired financing receivable, with no specific allowance recorded, unpaid principal balance	539
Impaired financing receivable, with no specific allowance recorded, average recorded investment	542
Impaired financing receivable, with no specific allowance recorded, interest income, accrual method	8
Real Estate [Member] | Mortgage, Commercial [Member]
Financing Receivable Impaired [Line Items]
Impaired financing receivable, with no specific allowance recorded, recorded investment	1,391	1,645
Impaired financing receivable, with no specific allowance recorded, unpaid principal balance	1,460	2,030
Impaired financing receivable, with no specific allowance recorded, average recorded investment	1,384	2,091
Impaired financing receivable, with no specific allowance recorded, interest income, accrual method	14	4
Real Estate [Member] | Mortgage, Residential [Member]
Financing Receivable Impaired [Line Items]
Impaired financing receivable, with no specific allowance recorded, recorded investment	592	452
Impaired financing receivable, with no specific allowance recorded, unpaid principal balance	591	571
Impaired financing receivable, with no specific allowance recorded, average recorded investment	583	538
Impaired financing receivable, with no specific allowance recorded, interest income, accrual method	6	2
Real Estate [Member] | Commercial and Industrial [Member]
Financing Receivable Impaired [Line Items]
Impaired financing receivable, with no specific allowance recorded, recorded investment	3,169
Impaired financing receivable, with no specific allowance recorded, unpaid principal balance	3,162
Impaired financing receivable, with no specific allowance recorded, average recorded investment	3,250
Impaired financing receivable, with no specific allowance recorded, interest income, accrual method	$ 35
Impaired financing receivable, with an allowance recorded, recorded investment		234
Impaired financing receivable, with an allowance recorded, unpaid principal balance		234
Impaired financing receivable, related allowance		144
Impaired financing receivable, with an allowance recorded, average recorded investment		$ 362

Loans and Allowance for Loan_11

Loans and Allowance for Loan Losses - Summary of Allowance for Loans Losses (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021		Mar. 31, 2020	Mar. 31, 2019
Financing Receivable Impaired [Line Items]
ALL, beginning of period	$ 13,827	[1]	$ 4,572
Charge-offs	(634)		(319)
Recoveries	209		69
Net charge-offs	(425)		(250)
Provision for loan losses			575	$ 575
ALL, end of period	13,402		4,897
Commercial and Industrial [Member]
Financing Receivable Impaired [Line Items]
ALL, beginning of period	3,762		841
Charge-offs	(359)
Recoveries	56		1
Provision for loan losses			86
ALL, end of period	3,459		928
Real Estate, Mortgage [Member]
Financing Receivable Impaired [Line Items]
Charge-offs	(12)
Recoveries	16
Consumer [Member]
Financing Receivable Impaired [Line Items]
ALL, beginning of period	3,241		1,328
Charge-offs	(263)		(319)
Recoveries	137		68
Provision for loan losses			373
ALL, end of period	$ 3,115		$ 1,450
[1]	Derived from audited December 31, 2020 Consolidated Financial Statements.

Loans and Allowance for Loan_12

Loans and Allowance for Loan Losses - Summary of Primary Segments of ALLL, Loans Individually and Collectively Evaluated for Impairment (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021		Mar. 31, 2020	Mar. 31, 2019
Financing Receivable Impaired [Line Items]
ALL, beginning of period	$ 13,827	[1]	$ 4,572
Charge-offs	(634)		(319)
Recoveries	209		69
Provision for loan losses			575	$ 575
ALL, end of period	13,402		4,897
Individually evaluated for impairment			144
Collectively evaluated for impairment	13,402		4,753
Commercial and Industrial [Member]
Financing Receivable Impaired [Line Items]
ALL, beginning of period	3,762		841
Charge-offs	(359)
Recoveries	56		1
Provision for loan losses			86
ALL, end of period	3,459		928
Individually evaluated for impairment			144
Collectively evaluated for impairment	3,459		784
Construction, Commercial [Member] | Real Estate [Member]
Financing Receivable Impaired [Line Items]
ALL, beginning of period	960		220
Provision for loan losses			27
ALL, end of period	960		247
Collectively evaluated for impairment	960		247
Construction, Residential [Member] | Real Estate [Member]
Financing Receivable Impaired [Line Items]
ALL, beginning of period	150		60
Provision for loan losses			11
ALL, end of period	150		71
Collectively evaluated for impairment	150		71
Mortgage, Commercial [Member] | Real Estate [Member]
Financing Receivable Impaired [Line Items]
ALL, beginning of period	4,215		1,604
Provision for loan losses			62
ALL, end of period	4,215		1,666
Collectively evaluated for impairment	4,215		1,666
Mortgage, Residential [Member] | Real Estate [Member]
Financing Receivable Impaired [Line Items]
ALL, beginning of period	1,481		510
Charge-offs	(12)
Recoveries	16
Provision for loan losses			16
ALL, end of period	1,485		526
Collectively evaluated for impairment	1,485		526
Mortgage, Farmland [Member] | Real Estate [Member]
Financing Receivable Impaired [Line Items]
ALL, beginning of period	18		9
ALL, end of period	18		9
Collectively evaluated for impairment	18		9
Consumer [Member]
Financing Receivable Impaired [Line Items]
ALL, beginning of period	3,241		1,328
Charge-offs	(263)		(319)
Recoveries	137		68
Provision for loan losses			373
ALL, end of period	3,115		1,450
Collectively evaluated for impairment	$ 3,115		$ 1,450
[1]	Derived from audited December 31, 2020 Consolidated Financial Statements.

Loans and Allowance for Loan_13

Loans and Allowance for Loan Losses - Summary of Accounts Notes Loans and Financing Receivable (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	$ 2,316,726	$ 1,025,687
Less: Deferred loan fees, net of costs	(12,184)	(4,271)
Total	2,304,542	1,021,416
Commercial and Industrial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	286,835	123,675
Paycheck Protection Program [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	608,692	292,068
Consumer [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	65,210	46,684
Grade 1 Prime [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	611,401	293,680
Grade 1 Prime [Member] | Commercial and Industrial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	1,218	844
Grade 1 Prime [Member] | Paycheck Protection Program [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	608,692	292,068
Grade 1 Prime [Member] | Consumer [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	398	324
Grade 2 Desirable [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	13,505	10,240
Grade 2 Desirable [Member] | Commercial and Industrial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	552	484
Grade 2 Desirable [Member] | Consumer [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	23	36
Grade 3 Good [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	849,161	293,903
Grade 3 Good [Member] | Commercial and Industrial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	125,985	23,828
Grade 3 Good [Member] | Consumer [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	18,806	17,062
Grade 4 Acceptable [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	633,672	366,106
Grade 4 Acceptable [Member] | Commercial and Industrial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	128,054	85,928
Grade 4 Acceptable [Member] | Consumer [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	42,638	28,033
Grade 5 Pass/Watch [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	95,301	41,695
Grade 5 Pass/Watch [Member] | Commercial and Industrial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	13,434	7,251
Grade 5 Pass/Watch [Member] | Consumer [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	2,191	521
Grade 6 Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	85,364	3,349
Grade 6 Special Mention [Member] | Commercial and Industrial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	7,300	4
Grade 6 Special Mention [Member] | Consumer [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	497	1
Grade 7 Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	28,322	16,714
Grade 7 Substandard [Member] | Commercial and Industrial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	10,292	5,336
Grade 7 Substandard [Member] | Consumer [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	657	707
Real Estate [Member] | Construction, Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	155,631	54,702
Real Estate [Member] | Construction, Residential [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	49,338	18,040
Real Estate [Member] | Mortgage, Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	649,474	273,499
Real Estate [Member] | Mortgage, Residential [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	496,301	213,404
Real Estate [Member] | Mortgage, Farmland [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	5,245	3,615
Real Estate [Member] | Grade 1 Prime [Member] | Construction, Residential [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	147
Real Estate [Member] | Grade 1 Prime [Member] | Mortgage, Residential [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	536
Real Estate [Member] | Grade 1 Prime [Member] | Mortgage, Farmland [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	410	444
Real Estate [Member] | Grade 2 Desirable [Member] | Construction, Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	650	2,143
Real Estate [Member] | Grade 2 Desirable [Member] | Construction, Residential [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	74
Real Estate [Member] | Grade 2 Desirable [Member] | Mortgage, Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	2,645	3,994
Real Estate [Member] | Grade 2 Desirable [Member] | Mortgage, Residential [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	9,561	3,583
Real Estate [Member] | Grade 3 Good [Member] | Construction, Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	36,028	19,524
Real Estate [Member] | Grade 3 Good [Member] | Construction, Residential [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	21,005	3,073
Real Estate [Member] | Grade 3 Good [Member] | Mortgage, Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	316,340	128,163
Real Estate [Member] | Grade 3 Good [Member] | Mortgage, Residential [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	329,777	101,078
Real Estate [Member] | Grade 3 Good [Member] | Mortgage, Farmland [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	1,220	1,175
Real Estate [Member] | Grade 4 Acceptable [Member] | Construction, Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	78,234	26,324
Real Estate [Member] | Grade 4 Acceptable [Member] | Construction, Residential [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	20,622	8,247
Real Estate [Member] | Grade 4 Acceptable [Member] | Mortgage, Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	228,523	114,977
Real Estate [Member] | Grade 4 Acceptable [Member] | Mortgage, Residential [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	131,986	100,601
Real Estate [Member] | Grade 4 Acceptable [Member] | Mortgage, Farmland [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	3,615	1,996
Real Estate [Member] | Grade 5 Pass/Watch [Member] | Construction, Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	9,045	5,916
Real Estate [Member] | Grade 5 Pass/Watch [Member] | Construction, Residential [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	7,228	6,458
Real Estate [Member] | Grade 5 Pass/Watch [Member] | Mortgage, Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	47,630	15,799
Real Estate [Member] | Grade 5 Pass/Watch [Member] | Mortgage, Residential [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	15,773	5,750
Real Estate [Member] | Grade 6 Special Mention [Member] | Construction, Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	29,605	218
Real Estate [Member] | Grade 6 Special Mention [Member] | Mortgage, Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	45,092	2,968
Real Estate [Member] | Grade 6 Special Mention [Member] | Mortgage, Residential [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	2,870	158
Real Estate [Member] | Grade 7 Substandard [Member] | Construction, Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	2,069	577
Real Estate [Member] | Grade 7 Substandard [Member] | Construction, Residential [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	262	262
Real Estate [Member] | Grade 7 Substandard [Member] | Mortgage, Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	9,244	7,598
Real Estate [Member] | Grade 7 Substandard [Member] | Mortgage, Residential [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Gross loans	$ 5,798	$ 2,234

Goodwill and Intangibles - Addi

Goodwill and Intangibles - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended			12 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2020
Goodwill [Line Items]
Net assets acquired	$ 9,440			$ 2,922
Accumulated amortization of intangibles	2,714			2,382
Amortization of intangibles	400	$ 143	$ 143
Mortgage servicing asset	11,400			7,100
Core Deposits [Member]
Goodwill [Line Items]
Net assets acquired	7,943			1,410
Accumulated amortization of intangibles	1,683			1,366
Loan Servicing Assets Included in Other Amortization Intangibles [Member]
Goodwill [Line Items]
Accumulated amortization of intangibles	277			209
Loan Servicing Assets Included in Interest and Fees on Loans [Member]
Goodwill [Line Items]
Amortization of intangibles	$ 68			$ 189
Bay Banks [Member] | Core Deposits [Member]
Goodwill [Line Items]
Amortization of intangible assets	10 years
Net assets acquired	$ 6,900
Minimum [Member]
Goodwill [Line Items]
Amortization of intangible assets	5 years
Maximum [Member]
Goodwill [Line Items]
Amortization of intangible assets	12 years

Goodwill and Intangibles - Sche

Goodwill and Intangibles - Schedule of Components of Goodwill (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Jan. 31, 2021	Dec. 31, 2020
Goodwill [Line Items]
Goodwill	$ 27,098		$ 19,892	[1]
Charlottesville Branch [Member]
Goodwill [Line Items]
Year of acquisition	2011
Goodwill	$ 366		366
River Bancorp, Inc. [Member]
Goodwill [Line Items]
Year of acquisition	2016
Goodwill	$ 1,728		1,728
Mortgage Business [Member]
Goodwill [Line Items]
Year of acquisition	2018
Goodwill	$ 600		600
Hammond Insurance Agency [Member]
Goodwill [Line Items]
Year of acquisition	2019
Goodwill	$ 613		613
Virginia Community Bankshares, Inc. [Member]
Goodwill [Line Items]
Year of acquisition	2019
Goodwill	$ 16,585		$ 16,585
Bay Banks [Member]
Goodwill [Line Items]
Year of acquisition	2021
Goodwill	$ 7,206	$ 7,206
[1]	Derived from audited December 31, 2020 Consolidated Financial Statements.

Goodwill and Intangibles - Sc_2

Goodwill and Intangibles - Schedule of Amortizable Intangible Assets (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Finite Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 12,154	$ 5,304
Accumulated Amortization	(2,714)	(2,382)
Net Carrying Value	9,440	2,922
Core Deposits [Member]
Finite Lived Intangible Assets [Line Items]
Gross Carrying Value	9,626	2,776
Accumulated Amortization	(1,683)	(1,366)
Net Carrying Value	7,943	1,410
Other [Member]
Finite Lived Intangible Assets [Line Items]
Gross Carrying Value	2,528	2,528
Accumulated Amortization	(1,031)	(1,016)
Net Carrying Value	$ 1,497	$ 1,512

Other Real Estate Owned - Summa

Other Real Estate Owned - Summary of Number and Carrying Values of Properties in Other Real Estate Owned (Detail) $ in Thousands	Mar. 31, 2021USD ($)Property	Dec. 31, 2020USD ($)Property
Other Real Estate Owned [Line Items]
Number of Properties	8	1
Carrying Value | $	$ 594	$ 0
Residential
Other Real Estate Owned [Line Items]
Number of Properties	1	1
Land
Other Real Estate Owned [Line Items]
Number of Properties	6
Carrying Value | $	$ 420
Commercial Properties
Other Real Estate Owned [Line Items]
Number of Properties	1
Carrying Value | $	$ 174

Other Real Estate Owned - Addit

Other Real Estate Owned - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Other Real Estate [Abstract]
Other real estate owned acquired	$ 598,000
Carrying value of the OREO portfolio	594,000	$ 0
Mortgage loans in process of foreclosure, amount	$ 0

Borrowings - Additional Informa

Borrowings - Additional Information (Detail)	3 Months Ended		12 Months Ended
	Mar. 31, 2021USD ($)Advance	Jun. 30, 2020	Dec. 31, 2020USD ($)Advance		Jan. 31, 2021USD ($)Advance	May 28, 2020USD ($)	Mar. 31, 2020	Nov. 20, 2015USD ($)
Debt Instrument [Line Items]
FHLB borrowings	$ 183,122,000		$ 115,000,000	[1]
Federal home loan bank stock	8,200,000		5,800,000
Subordinated notes, net outstanding	54,588,000		24,506,000	[1]
Subordinated Notes [Member]
Debt Instrument [Line Items]
Subordinated notes, net outstanding	$ 54,600,000		24,500,000
Subordinated debt instrument face value						$ 15,000,000		$ 10,000,000
Subordinated Notes [Member] | 2029 Bay Banks Notes [Member]
Debt Instrument [Line Items]
Subordinated debt instrument maturity date	Oct. 15, 2029
Debt instrument interest rate stated percentage	5.625%
Maturity Date	Oct. 14, 2024
Debt Instrument, frequency of periodic payment	semi-annually
Debt instrument carrying amount	$ 25,400,000
Debt instrument, unamortized premium	$ 855,000
Effective interest rate	4.74%
Subordinated Notes [Member] | 2029 Bay Banks Notes [Member] | SOFR [Member]
Debt Instrument [Line Items]
Debt instrument basis spread on variable rate1	433.50%
Subordinated Notes [Member] | 2025 Bay Banks Notes [Member]
Debt Instrument [Line Items]
Subordinated debt instrument maturity date	May 28, 2025
Debt instrument interest rate stated percentage	6.50%
Debt instrument carrying amount	$ 6,500,000
Debt instrument, unamortized premium	$ 60,000
Effective interest rate	4.84%
Subordinated Notes [Member] | 2030 Notes [Member]
Debt Instrument [Line Items]
Effective interest rate	6.13%
Unamortized debt issuance cost						$ 14,700,000
Subordinated Notes [Member] | 2025 Notes [Member]
Debt Instrument [Line Items]
Effective interest rate	5.56%						6.88%
Unamortized debt issuance cost								$ 8,000,000
Unsecured Lines of Credit [Member]
Debt Instrument [Line Items]
Maximum overnight line of credit facilities available	$ 79,000,000		38,000,000
Overnight line of credit facilities outstanding	$ 0		$ 0
Federal Reserve Paycheck Protection Program Liquidity [Member]
Debt Instrument [Line Items]
Percentage of advances on PPP loan value and term		100.00%
Fixed annual cost basis points		35.00%
Number of advances | Advance	77		23
Total advances	$ 509,700,000		$ 281,600,000
Federal Reserve Paycheck Protection Program Liquidity [Member] | Minimum [Member]
Debt Instrument [Line Items]
Borrowing maturity	1 year		1 year 2 months 12 days
Federal Reserve Paycheck Protection Program Liquidity [Member] | Maximum [Member]
Debt Instrument [Line Items]
Borrowing maturity	4 years 10 months 24 days		4 years 6 months
Bay Banks [Member] | Subordinated Notes [Member]
Debt Instrument [Line Items]
Subordinated notes, net outstanding					$ 30,900,000
Subordinated debt instrument face value					$ 31,900,000
Bay Banks [Member] | Federal Reserve Paycheck Protection Program Liquidity [Member]
Debt Instrument [Line Items]
Number of advances | Advance					6
Total advances					$ 24,800,000
FHLB [Member]
Debt Instrument [Line Items]
Federal home loan bank advances, maximum borrowing capacity percentage on assets	30.00%
FHLB borrowings	$ 183,100,000		$ 115,000,000
FHLB [Member] | Bay Banks [Member]
Debt Instrument [Line Items]
Federal home loan, advances assumed					$ 10,100,000
FHLB [Member] | Restricted Equity Investments [Member]
Debt Instrument [Line Items]
Federal home loan bank stock	8,200,000
FHLB [Member] | Line of Credit [Member]
Debt Instrument [Line Items]
Federal home loan bank, advances, general debt obligations, amount available	426,800,000
FHLB [Member] | Line of Credit [Member] | 1-4 Family Residential Loans [Member]
Debt Instrument [Line Items]
Assets pledged with federal home loan bank against credit facilities	229,300,000
FHLB [Member] | Line of Credit [Member] | Multi-Family Residential Loans [Member]
Debt Instrument [Line Items]
Assets pledged with federal home loan bank against credit facilities	34,400,000
FHLB [Member] | Line of Credit [Member] | Commercial Real Estate Loans [Member]
Debt Instrument [Line Items]
Assets pledged with federal home loan bank against credit facilities	117,300,000
FHLB [Member] | Line of Credit [Member] | 1-4 Family Residential Loans Held for Sale [Member]
Debt Instrument [Line Items]
Assets pledged with federal home loan bank against credit facilities	23,300,000
FHLB [Member] | Line of Credit [Member] | Securities [Member]
Debt Instrument [Line Items]
Assets pledged with federal home loan bank against credit facilities	22,600,000
FHLB [Member] | Line of Credit [Member] | Public Deposits with Treasury Board of Virginia [Member]
Debt Instrument [Line Items]
Assets pledged with federal home loan bank against credit facilities	$ 59,000,000
[1]	Derived from audited December 31, 2020 Consolidated Financial Statements.

Borrowings - Schedule of Inform

Borrowings - Schedule of Information Regarding FHLB Advances Outstanding (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Dec. 31, 2020	[1]
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Balance	$ 183,122	$ 115,000
Convertible [Member]
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Balance	$ 10,122
Originated Date	Feb. 28, 2020
Stated Interest Rate	0.56%
Maturity Date	Feb. 28, 2030
Daily Rate Credit [Member]
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Balance	$ 31,000
Originated Date	Nov. 6, 2020
Stated Interest Rate	0.36%
Maturity Date	Nov. 8, 2021
Fixed Rate Credit One [Member]
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Balance	$ 15,000
Originated Date	Jan. 4, 2021
Stated Interest Rate	0.23%
Maturity Date	Apr. 1, 2021
Fixed Rate Credit Two [Member]
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Balance	$ 25,000
Originated Date	Feb. 2, 2021
Stated Interest Rate	0.21%
Maturity Date	May 3, 2021
Fixed Rate Credit Three [Member]
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Balance	$ 35,000
Originated Date	Feb. 8, 2021
Stated Interest Rate	0.18%
Maturity Date	May 6, 2021
Fixed Rate Credit Four [Member]
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Balance	$ 10,000
Originated Date	Feb. 26, 2021
Stated Interest Rate	0.19%
Maturity Date	May 28, 2021
Fixed Rate Credit Five [Member]
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Balance	$ 10,000
Originated Date	Feb. 26, 2021
Stated Interest Rate	0.19%
Maturity Date	May 28, 2021
Fixed Rate Credit Six [Member]
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Balance	$ 27,000
Originated Date	Mar. 8, 2021
Stated Interest Rate	0.18%
Maturity Date	Apr. 8, 2021
Fixed Rate Credit Seven [Member]
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Balance	$ 20,000
Originated Date	Mar. 17, 2021
Stated Interest Rate	0.17%
Maturity Date	Jun. 17, 2021
[1]	Derived from audited December 31, 2020 Consolidated Financial Statements.

Derivatives - Summary Notional

Derivatives - Summary Notional and Fair Value of Interest Rate Swaps (Detail) - Interest Rate Swap Agreement [Member] - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Receive Fixed/Pay Variable Swaps [Member]
Derivative [Line Items]
Notional Amount	$ 2,088	$ 2,100
Fair Value	215	339
Pay Fixed/Receive Variable Swaps [Member]
Derivative [Line Items]
Notional Amount	2,088	2,100
Fair Value	$ (215)	$ (339)

Derivatives - Summary of Identi

Derivatives - Summary of Identified Hedge Layers (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)
Identified Hedge [Member] | 3-Month LIBOR Hedged Agreement One [Member]
Derivative [Line Items]
Notional Amount	$ 15,000
Cash & securities exposure hedged amount	$ 15,000
Derivative, inception date	Jul. 1, 2019
Derivative, maturity date	Jul. 1, 2022
Identified Hedge [Member] | 3-Month LIBOR Hedged Agreement Two [Member]
Derivative [Line Items]
Notional Amount	$ 25,000
Cash & securities exposure hedged amount	$ 25,000
Derivative, inception date	Aug. 2, 2019
Derivative, maturity date	Feb. 2, 2023
Identified Hedge [Member] | 3-Month LIBOR Hedged Agreement Three [Member]
Derivative [Line Items]
Notional Amount	$ 10,000
Cash & securities exposure hedged amount	$ 10,000
Derivative, inception date	Aug. 29, 2019
Derivative, maturity date	Aug. 29, 2023
New Hedges [Member] | 3-Month LIBOR Hedged Agreement One [Member]
Derivative [Line Items]
Notional Amount	$ 15,000
Cash & securities exposure hedged amount	$ 15,000
Derivative, inception date	Jul. 1, 2022
Derivative, maturity date	Jul. 1, 2032
New Hedges [Member] | 3-Month LIBOR Hedged Agreement Two [Member]
Derivative [Line Items]
Notional Amount	$ 25,000
Cash & securities exposure hedged amount	$ 25,000
Derivative, inception date	Feb. 2, 2023
Derivative, maturity date	Feb. 2, 2033
New Hedges [Member] | 3-Month LIBOR Hedged Agreement Three [Member]
Derivative [Line Items]
Notional Amount	$ 10,000
Cash & securities exposure hedged amount	$ 10,000
Derivative, inception date	Aug. 29, 2023
Derivative, maturity date	Aug. 29, 2033
Additional Hedges [Member] | 3-Month LIBOR Hedged Agreement One [Member]
Derivative [Line Items]
Notional Amount	$ 20,000
Cash & securities exposure hedged amount	$ 20,000
Derivative, inception date	Mar. 13, 2020
Derivative, maturity date	Mar. 13, 2030
Additional Hedges [Member] | 3-Month LIBOR Hedged Agreement Two [Member]
Derivative [Line Items]
Notional Amount	$ 35,000
Cash & securities exposure hedged amount	$ 35,000
Derivative, inception date	May 6, 2020
Derivative, maturity date	May 6, 2027
Additional Hedges [Member] | 3-Month LIBOR Hedged Agreement Three [Member]
Derivative [Line Items]
Notional Amount	$ 10,000
Cash & securities exposure hedged amount	$ 10,000
Derivative, inception date	May 29, 2020
Derivative, maturity date	May 29, 2027

Derivatives - Additional Inform

Derivatives - Additional Information (Detail) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Derivative [Line Items]
Interest rate swap asset	$ 7,248,000	$ 1,716,000	[1]
Interest rate swap liability	1,593,000	2,735,000	[1]
Cash collateral with counterparties	6,000,000	6,000,000
Derivative assets held for sale	87,700,000	97,100,000
Mortgage derivative asset	5,949,000	5,293,000	[1]
Mortgage derivative liabilities including in other liabilities	0	1,600,000
Interest Rate Lock Commitments [Member]
Derivative [Line Items]
Notional Amount	129,800,000	154,300,000
Hedged Instrument [Member]
Derivative [Line Items]
Derivative assets held for sale	$ 182,500,000	$ 225,000,000
Identified Hedge [Member]
Derivative [Line Items]
Derivative, fixed interest rate	1.80%
New Hedges [Member] | Minimum [Member]
Derivative [Line Items]
Derivative, fixed interest rate	0.92%
New Hedges [Member] | Maximum [Member]
Derivative [Line Items]
Derivative, fixed interest rate	0.95%
Additional Hedges [Member] | Minimum [Member]
Derivative [Line Items]
Derivative, fixed interest rate	0.83%
Additional Hedges [Member] | Maximum [Member]
Derivative [Line Items]
Derivative, fixed interest rate	0.86%
[1]	Derived from audited December 31, 2020 Consolidated Financial Statements.

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended
	Jan. 31, 2021	Mar. 31, 2021	Mar. 31, 2020
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Non-cash equity compensation		$ 167	$ 79
Restricted stock awards outstanding		115,617
Unrecognized compensation expense		$ 1,400
Share-based compensation arrangement by share-based payment award, converted options to purchase common stock	198,362
Share-based compensation arrangement by share-based payment award options to acquire common stock	99,176
Options to acquire shares of common stock on post stock split basis	148,764
Estimated fair value	$ 472
Stock option exercises, Shares		44,688
Stock options outstanding		54,488
Bay Banks [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Options to acquire shares of common stock on post stock split basis	148,764
Weighted-average exercise price per stock option	$ 14.83
Remaining contractual life (in years)	5 years 5 months 19 days
Post Stock Split basis [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Restricted stock awards outstanding		173,425
Stock option exercises, Shares		67,031
Stock options outstanding		81,732
Post Stock Split basis [Member] | Bay Banks [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average exercise price per stock option	$ 9.89

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Assumptions to Determine Estimated Fair Value of Converted Stock Options (Detail)	1 Months Ended
	Jan. 31, 2021
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Risk free interest rate (U.S. Treasury)	0.06%
Risk free interest rate (U.S. Treasury)	0.45%
Expected volatility	21.20%
Expected volatility	38.20%
Expected dividend yield	2.85%
Risk free interest rate (U.S. Treasury)	0.32%
Expected term (years)	3 years 10 months 20 days
Expected volatility	32.80%
Expected dividend yield	2.85%
Minimum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Expected term (years)	1 month 20 days
Maximum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Expected term (years)	5 years

Fair Value - Additional Informa

Fair Value - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2021USD ($)$ / shares	Dec. 31, 2020USD ($)
Servicing Assets At Fair Value [Line Items]
Other real estate owned fair value disclosure		$ 0
Servicing rights of sold loans	$ 1,380,000,000	$ 846,500,000
Weighted average net servicing fee income, Basis points	0.275%
Weighted average prepayment speed assumption used in the fair value	12.41%
Weighted average discount rate	9.74%
Paycheck Protection Program [Member]
Servicing Assets At Fair Value [Line Items]
Credit risk	$ 0
PPP 1 [Member]
Servicing Assets At Fair Value [Line Items]
Loan forgiveness period	1 year 6 months
Minimum [Member]
Servicing Assets At Fair Value [Line Items]
Estimated base annual servicing costs | $ / shares	65
Base discount rate	9.50%
Minimum [Member] | PPP 2 [Member]
Servicing Assets At Fair Value [Line Items]
Loan forgiveness period	1 year
Maximum [Member]
Servicing Assets At Fair Value [Line Items]
Estimated base annual servicing costs | $ / shares	80
Base discount rate	12.50%
Maximum [Member] | PPP 2 [Member]
Servicing Assets At Fair Value [Line Items]
Loan forgiveness period	3 years

Fair Value - Summary of Financi

Fair Value - Summary of Financial Assets Measured at Fair Value on a Recurring Basis (Detail) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total securities available for sale	$ 278,734,000	$ 109,475,000
Mortgage derivative asset	5,949,000	5,293,000	[1]
Mortgage derivative liability	0	1,600,000
State and Municipal [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Securities available for sale	31,476,000	14,259,000
U.S. Treasury and Agencies [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Securities available for sale	53,726,000	2,409,000
Corporate Bonds [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Securities available for sale	36,405,000	20,172,000
Fair Value, Recurring [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total securities available for sale	278,734,000	109,475,000
Rabbi trust assets	1,130,000
Mortgage derivative asset	5,949,000	5,293,000
Mortgage derivative liability		1,569,000
Fair Value, Recurring [Member] | State and Municipal [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Securities available for sale	31,476,000	14,259,000
Fair Value, Recurring [Member] | U.S. Treasury and Agencies [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Securities available for sale	53,726,000	2,409,000
Fair Value, Recurring [Member] | Mortgage Backed Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Securities available for sale	157,128,000	72,635,000
Fair Value, Recurring [Member] | Corporate Bonds [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Securities available for sale	36,404,000	20,172,000
Fair Value, Recurring [Member] | Interest Rate Swap Agreement [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Interest rate swap asset	7,248,000	1,716,000
Interest rate swap liability	1,593,000	2,735,000
Fair Value, Recurring [Member] | Level 1 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Rabbi trust assets	1,130,000
Fair Value, Recurring [Member] | Level 2 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Total securities available for sale	278,734,000	109,475,000
Mortgage derivative asset	5,949,000	5,293,000
Mortgage derivative liability		1,569,000
Fair Value, Recurring [Member] | Level 2 [Member] | State and Municipal [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Securities available for sale	31,476,000	14,259,000
Fair Value, Recurring [Member] | Level 2 [Member] | U.S. Treasury and Agencies [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Securities available for sale	53,726,000	2,409,000
Fair Value, Recurring [Member] | Level 2 [Member] | Mortgage Backed Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Securities available for sale	157,128,000	72,635,000
Fair Value, Recurring [Member] | Level 2 [Member] | Corporate Bonds [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Securities available for sale	36,404,000	20,172,000
Fair Value, Recurring [Member] | Level 2 [Member] | Interest Rate Swap Agreement [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Interest rate swap asset	7,248,000	1,716,000
Interest rate swap liability	$ 1,593,000	$ 2,735,000
[1]	Derived from audited December 31, 2020 Consolidated Financial Statements.

Fair Value - Summary of Change

Fair Value - Summary of Change in MSR Assets Using Level 3 Inputs (Detail) - MSR Assets [Member] - Level 3 [Member] - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Servicing Assets At Amortized Value [Line Items]
Beginning Balance	$ 7,084
Additions	3,935	$ 7,539
Write-offs	(122)	(61)
Amortization	(452)	(391)
Impairments	(1)	(3)
Fair value adjustments	2,397	207
Ending Balance, fair value	13,828	7,291
Ending Balance, amortized cost	11,442	$ 7,084
Bay Banks [Member]
Servicing Assets At Amortized Value [Line Items]
Additions	$ 987

Fair Value - Summary of Assets

Fair Value - Summary of Assets Measured at Fair Value (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Disclosure Of Other Real Estate Owned Measured At Fair Value On A Recurring And Nonrecurring Basis Table [Line Items]
Impaired loans, net	$ 5,692	$ 2,187
Loans held for sale	122,453	148,209	[1]
OREO	594
Level 2 [Member]
Disclosure Of Other Real Estate Owned Measured At Fair Value On A Recurring And Nonrecurring Basis Table [Line Items]
Loans held for sale	122,453	148,209
Level 3 [Member]
Disclosure Of Other Real Estate Owned Measured At Fair Value On A Recurring And Nonrecurring Basis Table [Line Items]
Impaired loans, net	5,692	$ 2,187
OREO	$ 594
[1]	Derived from audited December 31, 2020 Consolidated Financial Statements.

Fair Value - Summary of Quantit

Fair Value - Summary of Quantitative Information about Level 3 Fair Value Measurements (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Disclosure Of Other Real Estate Owned Measured On Nonrecurring Vasis Valuation Techniques [Line Items]
Impaired loans, net	$ 5,692	$ 2,187
Balance as of March 31, 2021		0
Fair Value, Nonrecurring [Member]
Disclosure Of Other Real Estate Owned Measured On Nonrecurring Vasis Valuation Techniques [Line Items]
Balance as of March 31, 2021	$ 594
Valuation Technique	Discounted appraised value
Unobservable Input	Selling costs
Weighted Average	7.00%
Fair Value, Nonrecurring [Member] | Selling Costs [Member]
Disclosure Of Other Real Estate Owned Measured On Nonrecurring Vasis Valuation Techniques [Line Items]
Impaired loans, net	$ 5,692	$ 2,097
Valuation Technique	Discounted appraised value	Discounted appraised value
Unobservable Input	Selling costs	Selling costs
Weighted Average	10.00%	10.00%
Fair Value, Nonrecurring [Member] | Discount Rate [Member]
Disclosure Of Other Real Estate Owned Measured On Nonrecurring Vasis Valuation Techniques [Line Items]
Impaired loans, net		$ 90
Valuation Technique		Discounted cash flows
Unobservable Input		Discount rate
Weighted Average		6.00%

Fair Value - Summary of Estimat

Fair Value - Summary of Estimated Fair Values and Related Carrying Amounts and Valuation Level of Financial Instruments (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020		Mar. 31, 2020	Dec. 31, 2019
Financial Assets
Cash and due from banks	$ 273,540	$ 117,945	[1]	$ 67,158	$ 60,026
Securities available for sale	278,734	109,475	[1]
Restricted equity and other investments	14,821	11,173	[1]
Financial Liabilities
Noninterest-bearing demand deposits	617,102	333,051	[1]
Savings	159,455	78,352	[1]
Time deposits	612,171	251,443	[1]
Securities sold under repurchase agreements	1,198
FHLB borrowings	183,122	115,000	[1]
Subordinated notes, net	54,588	24,506	[1]
Carrying Value
Financial Assets
Cash and due from banks	273,540	117,945
Federal funds sold	5,238	775
Certificates of deposit	1,018
Securities available for sale	278,734	109,475
Restricted equity and other investments	14,821	11,173
PPP loans receivable, net	597,626	288,533
Loans held for investment, net	1,693,514	719,056
Accrued interest receivable	10,507	5,428
Bank owned life insurance	36,164	15,724
Financial Liabilities
Noninterest-bearing demand deposits	617,102	333,051
Interest-bearing demand and money market deposits	751,390	282,263
Savings	159,455	78,352
Time deposits	612,171	251,443
Securities sold under repurchase agreements	1,198
FHLB borrowings	183,122	115,000
FRB borrowings	509,667	281,650
Subordinated notes, net	54,588	24,506
Fair Value
Financial Assets
Cash and due from banks	273,540	117,945
Federal funds sold	5,238	775
Certificates of deposit	1,018
Securities available for sale	278,734	109,475
Restricted equity and other investments	14,821	11,173
PPP loans receivable, net	597,626	288,533
Loans held for investment, net	1,713,201	720,396
Accrued interest receivable	10,507	5,428
Bank owned life insurance	36,164	15,724
Financial Liabilities
Noninterest-bearing demand deposits	617,102	333,051
Interest-bearing demand and money market deposits	751,390	282,263
Savings	159,455	78,352
Time deposits	618,166	257,647
Securities sold under repurchase agreements	1,198
FHLB borrowings	182,890	114,983
FRB borrowings	509,667	281,650
Subordinated notes, net	56,342	25,830
Level 1 [Member]
Financial Assets
Cash and due from banks	273,540	117,945
Federal funds sold	5,238	775
Financial Liabilities
Noninterest-bearing demand deposits	617,102	333,051
Securities sold under repurchase agreements	1,198
Level 2 [Member]
Financial Assets
Certificates of deposit	1,018
Securities available for sale	278,734	109,475
Restricted equity and other investments	14,821	11,173
Accrued interest receivable	10,507	5,428
Bank owned life insurance	36,164	15,724
Financial Liabilities
Interest-bearing demand and money market deposits	751,390	282,263
Savings	159,455	78,352
FHLB borrowings	182,890	114,983
FRB borrowings	509,667	281,650
Level 3 [Member]
Financial Assets
PPP loans receivable, net	597,626	288,533
Loans held for investment, net	1,713,201	720,396
Financial Liabilities
Time deposits	618,166	257,647
Subordinated notes, net	$ 56,342	$ 25,830
[1]	Derived from audited December 31, 2020 Consolidated Financial Statements.

Leases - Additional Information

Leases - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2021Lease
Leases [Abstract]
Operating lease, option to extend	Certain of these leases offer the option to extend the lease term and the Company has included such extensions in its calculation of the lease liabilities to the extent the options are reasonably assured of being exercised.
Operating lease, existence of to extend	true
Number of operating leases assumed	5

Leases - Summary of Company's L

Leases - Summary of Company's Leases (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	[1]
Leases [Abstract]
Lease liabilities	$ 7,990	$ 5,506
Right-of-use asset	$ 6,805	$ 5,328
Weighted average remaining lease term (years)	6 years 2 months 19 days
Weighted average discount rate	2.94%
[1]	Derived from audited December 31, 2020 Consolidated Financial Statements.

Leases - Summary of Lease Cost

Leases - Summary of Lease Cost (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Leases [Abstract]
Operating lease cost	$ 646	$ 431
Total lease cost	$ 646	$ 431

Leases - Summary of Operating L

Leases - Summary of Operating Lease Liabilities (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	[1]
Leases [Abstract]
Nine months ending December 31, 2021	$ 1,636
Twelve months ending December 31, 2022	1,596
Twelve months ending December 31, 2023	1,268
Twelve months ending December 31, 2024	940
Twelve months ending December 31, 2025	786
Thereafter	2,403
Total undiscounted cash flows	8,629
Discount	(639)
Lease liabilities	$ 7,990	$ 5,506
[1]	Derived from audited December 31, 2020 Consolidated Financial Statements.

Minimum Regulatory Capital - Ad

Minimum Regulatory Capital - Additional Information (Detail)	Mar. 31, 2021
Common Equity Tier One Capital
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Capital conservation buffer	2.50%

Minimum Regulatory Capital - Su

Minimum Regulatory Capital - Summary of Capital and Capital Ratios to The Bank (Detail) - Blue Ridge Bank, N.A [Member] $ in Thousands	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Total risk based capital, Actual Amount	$ 236,932	$ 109,219
Total risk based capital, Actual Ratio	13.67	13.10
Total risk based capital, For Capital Adequacy Purposes Amount	$ 182,013	$ 87,574
Total risk based capital, For Capital Adequacy Purposes Ratio	10.50	10.50
Total risk based capital, To Be Well Capitalized Under the Prompt Corrective Action Provisions Amount	$ 173,345	$ 83,404
Total risk based capital, To Be Well Capitalized Under the Prompt Corrective Action Provisions Ratio	10	10
Tier 1 capital to risk-weighted assets, Actual Amount	$ 223,428	$ 98,751
Tier 1 capital to risk-weighted assets, Actual Ratio	12.89	11.84
Tier 1 capital to risk-weighted assets, For Capital Adequacy Purposes Amount	$ 147,343	$ 70,893
Tier 1 capital to risk-weighted assets, For Capital Adequacy Purposes Ratio	8.50	8.50
Tier 1 capital to risk-weighted assets, To Be Well Capitalized Under the Prompt Corrective Action Provisions Amount	$ 138,676	$ 66,723
Tier 1 capital to risk-weighted assets, To Be Well Capitalized Under the Prompt Corrective Action Provisions Ratio	8	8
Common equity tier 1 capital, Actual Amount	$ 223,428	$ 98,751
Common equity tier 1 capital, Actual Ratio	12.89%	11.84%
Common equity tier 1 capital, For Capital Adequacy Purposes Amount	$ 121,342	$ 58,383
Common equity tier 1 capital, For Capital Adequacy Purposes Ratio	7.00%	7.00%
Common equity tier 1 capital, To Be Well Capitalized Under the Prompt Corrective Action Provisions Amount	$ 112,674	$ 54,213
Common equity tier 1 capital, To Be Well Capitalized Under the Prompt Corrective Action Provisions Ratio	6.50%	6.50%
Tier 1 leverage, Actual Amount	$ 223,428	$ 98,751
Tier 1 leverage, Actual Ratio	10.69	8.34
Tier 1 leverage, For Capital Adequacy Purposes Amount	$ 83,617	$ 47,363
Tier 1 leverage, For Capital Adequacy Purposes Ratio	4	4
Tier 1 leverage, To Be Well Capitalized Under the Prompt Corrective Action Provisions Amount	$ 104,521	$ 59,180
Tier 1 leverage, To Be Well Capitalized Under the Prompt Corrective Action Provisions Ratio	5	5

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Other Commitments [Line Items]
Outstanding loan commitments	$ 315,700,000	$ 126,000,000
Reserve for unfunded commitments	0	0
Performance Stand-by Letters of Credit [Member]
Other Commitments [Line Items]
Outstanding stand-by letters of credit	7,300,000	0
Financial Stand-by Letters of Credit [Member]
Other Commitments [Line Items]
Outstanding stand-by letters of credit	$ 4,800,000	$ 6,100,000

Earning Per Share - Additional

Earning Per Share - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2021shares
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount	75,410

Earning Per Share - Summary of

Earning Per Share - Summary of Computation of Basic and Diluted EPS (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2021		Mar. 31, 2020	Mar. 31, 2019
Earnings Per Share [Abstract]
Net income	$ 4,237		$ 841
Net income attributable to noncontrolling interest	(9)		(9)	$ (9)
Net income attributable to Blue Ridge Bankshares, Inc.	$ 4,228		$ 832	$ 832
Weighted average common shares outstanding, basic	15,137,446		8,496,581
Effect of dilutive securities	16,533
Weighted average common shares outstanding, dilutive	15,153,979		8,496,581
Basic and diluted earnings per common share (EPS)	$ 0.28	[1]	$ 0.10	$ 0.10	[1]
[1]	EPS has been adjusted for all periods presented to reflect the Company’s 3-for-2 stock split effective April 30, 2021.

Business Segments - Additional

Business Segments - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2021segment
Segment Reporting [Abstract]
Number of business segments	2

Business Segments - Summary of

Business Segments - Summary of Segment Reporting Information by Segment (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2019
Segment Reporting Information [Line Items]
Interest income	$ 22,576	$ 10,423	$ 10,423
Residential mortgage banking income, net	9,301	3,861	3,861
Gain on sale of guaranteed USDA loans	1,074	20	20
Increase in cash surrender value of bank owned life insurance	164	93	93
Bank and purchase card, net	300	129
Revenues	38,385	15,263
Interest expense	2,559	2,400	2,400
Provision for loan losses		575	575
Salaries and employee benefits	14,009	7,341	7,160
Merger-related expenses	9,019	269	269
Other operating expenses	7,484	3,570
Total expense	33,071	14,155
Income (loss) before income taxes	5,314	1,108
Income tax expense	1,077	267	267
Net income (loss)	4,237	841
Net income attributable to noncontrolling interest	(9)	(9)	(9)
Net income attributable to Blue Ridge Bankshares, Inc.	4,228	832	$ 832
Wealth and Trust Management [Member]
Segment Reporting Information [Line Items]
Revenues	602
Wealth and trust management	602
Mortgage Servicing Rights [Member]
Segment Reporting Information [Line Items]
Revenues	3,371
Other Income [Member]
Segment Reporting Information [Line Items]
Revenues	400	162
Commercial Banking [Member]
Segment Reporting Information [Line Items]
Interest income	21,707	10,057
Gain on sale of guaranteed USDA loans	1,074	20
Increase in cash surrender value of bank owned life insurance	164	93
Bank and purchase card, net	300	129
Revenues	24,817	11,042
Interest expense	1,871	2,121
Provision for loan losses		575
Salaries and employee benefits	5,741	3,433
Merger-related expenses	8,137	265
Other operating expenses	5,170	2,266
Total expense	20,919	8,660
Income (loss) before income taxes	3,898	2,382
Income tax expense	763	498
Net income (loss)	3,135	1,884
Net income attributable to noncontrolling interest	(9)	(9)
Net income attributable to Blue Ridge Bankshares, Inc.	3,126	1,875
Commercial Banking [Member] | Wealth and Trust Management [Member]
Segment Reporting Information [Line Items]
Revenues	602
Wealth and trust management	602
Commercial Banking [Member] | Other Income [Member]
Segment Reporting Information [Line Items]
Revenues	373	168
Mortgage Banking [Member]
Segment Reporting Information [Line Items]
Interest income	820	362
Residential mortgage banking income, net	9,301	3,861
Revenues	13,492	4,223
Interest expense	58	102
Salaries and employee benefits	8,268	3,908
Other operating expenses	2,181	1,105
Total expense	10,507	5,115
Income (loss) before income taxes	2,985	(892)
Income tax expense	605	(188)
Net income (loss)	2,380	(704)
Net income attributable to Blue Ridge Bankshares, Inc.	2,380	(704)
Mortgage Banking [Member] | Mortgage Servicing Rights [Member]
Segment Reporting Information [Line Items]
Revenues	3,371
Parents Only [Member]
Segment Reporting Information [Line Items]
Interest income	49	4
Revenues	101	4
Interest expense	630	177
Merger-related expenses	882	4
Other operating expenses	158	205
Total expense	1,670	386
Income (loss) before income taxes	(1,569)	(382)
Income tax expense	(291)	(43)
Net income (loss)	(1,278)	(339)
Net income attributable to Blue Ridge Bankshares, Inc.	(1,278)	(339)
Parents Only [Member] | Other Income [Member]
Segment Reporting Information [Line Items]
Revenues	52
Eliminations [Member]
Segment Reporting Information [Line Items]
Revenues	(25)	(6)
Other operating expenses	(25)	(6)
Total expense	(25)	(6)
Eliminations [Member] | Other Income [Member]
Segment Reporting Information [Line Items]
Revenues	(25)	(6)
Service Charge on Deposit Accounts [Member]
Segment Reporting Information [Line Items]
Revenues	327	272
Wealth and trust management	327	272
Service Charge on Deposit Accounts [Member] | Commercial Banking [Member]
Segment Reporting Information [Line Items]
Revenues	327	272
Wealth and trust management	327	272
Payroll Processing Revenue [Member]
Segment Reporting Information [Line Items]
Revenues	270	303
Wealth and trust management	270	303
Payroll Processing Revenue [Member] | Commercial Banking [Member]
Segment Reporting Information [Line Items]
Revenues	270	303
Wealth and trust management	$ 270	$ 303

Changes to Accumulated Other _3

Changes to Accumulated Other Comprehensive Income, Net - Components of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021		Mar. 31, 2020
Beginning Balance	$ 108,200	[1]	$ 92,337
Change in net unrealized holding (losses) gains on securities available for sale, net of deferred tax benefit	(2,482)		(484)
Change in net unrealized holding gains (losses) on interest rate swaps, net of deferred tax expense	6,253		(2,499)
Ending Balance	239,734		90,274
Net Unrealized Gains (Losses) on Available-For-Sale Securities [Member]
Beginning Balance	1,069		423
Change in net unrealized holding (losses) gains on securities available for sale, net of deferred tax benefit	(2,482)		(484)
Ending Balance	(1,413)		(61)
Net Unrealized Gains (Losses) on Interest Rate Swaps [Member
Beginning Balance	(805)		(194)
Change in net unrealized holding gains (losses) on interest rate swaps, net of deferred tax expense	6,253		(2,499)
Ending Balance	5,448		(2,693)
Accumulated Other Comprehensive Income (Loss), Net [Member]
Beginning Balance	264		229
Change in net unrealized holding (losses) gains on securities available for sale, net of deferred tax benefit	(2,482)		(484)
Change in net unrealized holding gains (losses) on interest rate swaps, net of deferred tax expense	6,253		(2,499)
Ending Balance	$ 4,035		$ (2,754)
[1]	Derived from audited December 31, 2020 Consolidated Financial Statements.

Changes to Accumulated Other _4

Changes to Accumulated Other Comprehensive Income, Net - Components of Accumulated Other Comprehensive Income (Loss) (Parenthetical) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Change in net unrealized holding (losses) gains on securities available-for-sale,net of deferred tax benefit	$ 660	$ 128
Change in net unrealized holding gains (losses) on interest rate swaps, net of deferred tax (expense) benefit	$ (1,662)	$ 665

Legal Matters - Additional Info

Legal Matters - Additional Information (Detail)	Aug. 12, 2019USD ($)
Loss Contingency [Abstract]
Loss contingency, damages value	$ 12,000,000
Loss accrued for lawsuit	$ 0