For the quarter ending 2025-09-30, BRBS had -$10,167K decrease in cash & cash equivalents over the period. $5,729K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Interest income | 106,299 | - |
| Interest expense | 45,557 | - |
| Net interest income | 60,742 | - |
| Commercial Banking | 2,500 | - |
| Mortgage Banking Segment | 0 | - |
| Parents Only | 0 | - |
| Eliminations | 0 | - |
| Recovery of credit losses | 2,500 | - |
| Net interest income after recovery of credit losses | 63,242 | - |
| Total noninterest income | 10,149 | - |
| Salaries and employee benefits | 36,998 | - |
| Occupancy and equipment | 3,700 | - |
| Technology and communication | 7,663 | - |
| Commercial Banking | 15,571 | - |
| Mortgage Banking Segment | 626 | - |
| Parents Only | 740 | - |
| Eliminations | -297 | - |
| Other | 16,640 | - |
| Total noninterest expense | 65,001 | - |
| Income (loss) before income tax expense | 8,390 | - |
| Commercial Banking | 2,923 | - |
| Mortgage Banking Segment | -483 | - |
| Parents Only | -515 | - |
| Eliminations | 0 | - |
| Income tax expense (benefit) | 1,925 | - |
| Net income (loss) | 5,603 | 862 |
| Depreciation and amortization | 325 | 703 |
| Deferred income tax expense | 1,988 | 1,408 |
| Recovery of credit losses - loans | -1,800 | -700 |
| Recovery of credit losses - unfunded commitments | 0 | 0 |
| Accretion of fair value adjustments on acquired loans, time deposits and subordinated notes | 673 | 845 |
| Fair value adjustments of other equity investments | 163 | -155 |
| Net adjustments attributable to msrs | 48 | 137 |
| (income) loss on sale of msrs | -1,026 | - |
| Realized loss on sale of securities available for sale | 0 | - |
| Increase in cash surrender value of bank owned life insurance | 9 | 16 |
| Proceeds from sale of other loans held for sale | 0 | - |
| Proceeds from sale of mortgage loans held for sale | 295 | 42,075 |
| Mortgage loans held for sale, originated | -148 | 34,316 |
| Gain on sale of mortgage loans | -9 | 541 |
| Proceeds from sale of guaranteed government loans held for sale | 0 | 0 |
| Guaranteed government loans held for sale, originated | 0 | 0 |
| Gain on sale of guaranteed government loans | 0 | 0 |
| Loss (gain) on disposal of premises and equipment, other investments, other assets, and other real estate owned | -6 | -250 |
| Investment amortization expense, net | -34 | -145 |
| Amortization of subordinated debt issuance costs | 1 | 188 |
| Intangible amortization | 223 | 478 |
| Decrease in accrued interest receivable | -699 | -826 |
| Decrease in other assets | -778 | -10,809 |
| Decrease in other liabilities | -57 | -14,550 |
| Cash provided by operating activities | 6,429 | 7,068 |
| Purchase of securities available for sale | 13,335 | 21,174 |
| Proceeds from calls, sales, paydowns, and maturities of securities available for sale | 8,803 | 10,643 |
| Net (increase) decrease in federal funds sold | -7,145 | 210 |
| Proceeds from sale of premises and equipment, other investments, other assets, msrs, and other real estate owned | 1,132 | - |
| Proceeds from sale of other investments, other assets, msrs, and other real estate owned | - | 395 |
| Capital calls of sbic funds and other investments | 342 | 1,544 |
| Nonincome distributions from limited liability companies | 450 | 53 |
| Net decrease in loans held for investment | -66,641 | -133,821 |
| Proceeds from surrender of bank owned life insurance policies | 0 | 212 |
| Net change in restricted equity and other investments | 86 | -346 |
| Purchase of premises and equipment | 700 | 152 |
| Cash provided by investing activities | 55,023 | 122,810 |
| Net decrease in demand, savings, and other interest-bearing deposits | -25,939 | 6,185 |
| Net (decrease) increase in time deposits | -33,226 | -175,301 |
| Fhlb advances | 0 | 0 |
| Fhlb repayments | 0 | 0 |
| Frb repayments | 0 | 0 |
| Subordinated note repayments | 10,000 | 15,000 |
| Proceeds from private placements, net of issuance costs | 0 | 0 |
| Repurchases of common stock | 2,767 | - |
| Exercises of warrants to purchase common stock | 313 | 9,445 |
| Cash used in financing activities | -71,619 | -174,671 |
| Net (decrease) increase in cash and due from banks | -10,167 | -44,793 |
| Cash and cash equivalents at beginning of period | 175,992 | - |
| Cash and cash equivalents at end of period | 121,032 | - |
BLUE RIDGE BANKSHARES, INC. (BRBS)
BLUE RIDGE BANKSHARES, INC. (BRBS)