Blue Ridge Bankshares Terminates Material Agreement
Ticker: BRBS · Form: 8-K · Filed: Nov 13, 2025 · CIK: 842717
| Field | Detail |
|---|---|
| Company | Blue Ridge Bankshares, INC. (BRBS) |
| Form Type | 8-K |
| Filed Date | Nov 13, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: agreement-termination, regulatory-filing, financials
TL;DR
BRBS terminated a major deal, filing 8-K today. Watch for fallout.
AI Summary
Blue Ridge Bankshares, Inc. filed an 8-K on November 13, 2025, reporting the termination of a material definitive agreement. The filing also includes other events and financial statements/exhibits. The company, incorporated in Virginia, operates in the state commercial banks sector.
Why It Matters
The termination of a material definitive agreement could significantly impact the company's operations, financial standing, and future strategic direction.
Risk Assessment
Risk Level: medium — Termination of a material definitive agreement introduces uncertainty and potential financial repercussions for the company.
Key Numbers
- 001-39165 — SEC File Number (Identifies the company's filing with the SEC.)
- 54-1838100 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- BLUE RIDGE BANKSHARES, INC. (company) — Registrant
- November 13, 2025 (date) — Date of earliest event reported
- Virginia (location) — State of Incorporation
- 6022 (number) — Standard Industrial Classification
FAQ
What was the specific material definitive agreement that was terminated?
The filing indicates the termination of a material definitive agreement but does not specify the agreement's details in the provided text.
What are the implications of this termination for Blue Ridge Bankshares, Inc.?
The filing does not detail the specific implications, but the termination of a material agreement typically suggests a significant change in business relationships or strategic plans.
When was the termination effective?
The filing reports the event as of November 13, 2025, which is the date of the earliest event reported.
Are there any financial statements or exhibits attached to this 8-K filing?
Yes, the filing explicitly lists 'Financial Statements and Exhibits' as an item information.
What is Blue Ridge Bankshares, Inc.'s primary business sector?
Blue Ridge Bankshares, Inc. is classified under 'STATE COMMERCIAL BANKS' with the SIC code 6022.
Filing Stats: 517 words · 2 min read · ~2 pages · Grade level 10.4 · Accepted 2025-11-13 17:00:28
Filing Documents
- brbs-20251113.htm (8-K) — 51KB
- brbs-ex99_1.htm (EX-99.1) — 6KB
- brbs-ex99_2.htm (EX-99.2) — 11KB
- 0001193125-25-280430.txt ( ) — 176KB
- brbs-20251113.xsd (EX-101.SCH) — 24KB
- brbs-20251113_htm.xml (XML) — 5KB
02 Termination of a Material Definitive Agreement
Item 1.02 Termination of a Material Definitive Agreement The information included in Item 8.01 below is incorporated by reference into this Item 1.02.
01 Other Events
Item 8.01 Other Events. On November 13, 2025, Blue Ridge Bankshares, Inc. (the "Company") issued a press release announcing that Blue Ridge Bank, National Association (the "Bank"), the Company's bank subsidiary, received notification from the Bank's primary regulator, the Office of the Comptroller of the Currency (the "OCC"), of the termination of the Consent Order entered into with the OCC on January 24, 2024, effective November 13, 2025. A copy of the Company's press release dated November 13, 2025 is attached hereto as Exhibit 99.1 and a copy of the Order Terminating the Consent Order issued by the OCC is attached hereto as Exhibit 99.2.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release, dated November 13, 2025. 99.2 Order Terminating the Consent Order, dated November 13, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BLUE RIDGE BANKSHARES, INC. Date: November 13, 2025 By: /s/ Judy C. Gavant Judy C. Gavant Executive Vice President and Chief Financial Officer