Blue Ridge Bankshares Q1 2025 10-Q Filed
Ticker: BRBS · Form: 10-Q · Filed: May 7, 2025 · CIK: 842717
Sentiment: neutral
Topics: 10-Q, banking, financials, loan-portfolio
TL;DR
**BRBS Q1 2025 10-Q: Loan portfolio details, fair value inputs for securities released. Check for asset quality trends.**
AI Summary
Blue Ridge Bankshares, Inc. filed its 10-Q for the period ending March 31, 2025. The filing details various financial metrics, including financing receivables, loan types such as residential construction and commercial and industrial loans, and the status of past-due receivables. It also provides information on fair value measurements for corporate debt and U.S. Treasury securities, indicating a mix of Level 2 inputs.
Why It Matters
This filing provides investors with a quarterly update on Blue Ridge Bankshares' financial health, loan portfolio performance, and asset valuations, crucial for assessing investment risk and potential returns.
Risk Assessment
Risk Level: medium — The filing contains detailed financial information, including loan performance and asset valuations, which can reveal potential risks in the banking sector.
Key Numbers
- 2025-03-31 — Reporting Period End Date (Quarterly financial data)
- 2024-12-31 — Previous Year End Date (Comparative financial data)
- 2025-01-01 — Start of Reporting Quarter (Period for Principal Forgiveness)
Key Players & Entities
- BLUE RIDGE BANKSHARES, INC. (company) — Filer
- 20250331 (date) — Period of Report
- 888-331-6521 (phone_number) — Business Phone
- us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember (financial_metric) — Financing Receivables Past Due
- brbs:ResidentialConstructionMember (loan_type) — Loan Category
- us-gaap:FairValueInputsLevel2Member (valuation_input) — Fair Value Measurement
FAQ
What is the status of financing receivables that are 90 days or more past due as of March 31, 2025?
The filing indicates data related to 'us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember' for the period ending March 31, 2025, suggesting a focus on delinquent loans.
What types of loans are detailed in the filing for the period ending March 31, 2025?
The filing mentions 'brbs:ResidentialConstructionMember' and 'brbs:CommercialAndIndustrialMember' as types of loans being reported on.
What level of inputs were used for fair value measurements of corporate debt and U.S. Treasury securities as of March 31, 2025?
The filing specifies 'us-gaap:FairValueInputsLevel2Member' for 'us-gaap:CorporateDebtSecuritiesMember' and 'us-gaap:USTreasurySecuritiesMember', indicating Level 2 inputs were used.
What was the reporting period for the 'PrincipalForgiveness' data?
The 'us-gaap:PrincipalForgivenessMember' data pertains to the period from January 1, 2025, to March 31, 2025.
What is the company's fiscal year end?
Blue Ridge Bankshares, Inc.'s fiscal year ends on December 31.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 7, 2025 regarding BLUE RIDGE BANKSHARES, INC. (BRBS).