Blue Ridge Bank, National Association
Martinsville, Virginia, Martinsville City County
$2.3B in total assets, the 554th largest of 4,309 US banks and 14th of 57 headquartered in Virginia.
- FDIC certificate
- 35274
- Established
- 2000
- Owned by
- Blue Ridge Bankshares Inc
- Primary regulator
- OCC
- Website
- www.mybrb.com
At a glance
Compared with 22 banks headquartered in Virginia with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $2.3B | 68% | $1.8B | |
| Loans | $1.9B | 64% | $1.3B | |
| Deposits | $1.9B | 59% | $1.6B | |
| Return on assets | 0.43% | 4% | 1.22% | |
| Net interest margin | 3.00% | 9% | 3.68% | |
| Efficiency ratio | 88.7% | 98% | 59.1% | |
| Equity to assets | 10.64% | 50% | 10.35% | |
| Loans to deposits | 98% | 86% | 89% |
Growth
Total assets grew -3.4% a year over the last 5 years and 35.2% a year over 10 years, including 3 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jan 2021 | Virginia Commonwealth Bank Richmond, VA | $1.2B |
| Dec 2019 | Virginia Community Bank Louisa, VA | $251M |
| Dec 2016 | Blue Ridge Bank Luray, VA, an affiliate under the same holding company | $296M |
| Aug 2010 | Imperial Savings and Loan Association Martinsville, VA | $9M |
Where they operate
27 branches in 21 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Henrico County, VA | $441M | 4.8% | 7 of 22 |
| Page County, VA | $232M | 41.6% | 1 of 3 |
| Lancaster County, VA | $181M | 24.9% | 2 of 4 |
| Louisa County, VA | $138M | 29.2% | 1 of 5 |
| Orange County, VA | $104M | 17.5% | 4 of 4 |
| Chesterfield County, VA | $103M | 1.4% | 11 of 20 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 23 branches since 2016 (4 to 27, +575.0%). 1 opened, 30 acquired, 8 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 4 | |||
| 2016 | Acquired Blue Ridge Bank | 5 | 0 | +5 | 9 |
| 2017 | Closed Bassett | 0 | 1 | −1 | 8 |
| 2018 | Opened Greensboro | 1 | 0 | +1 | 9 |
| 2019 | Acquired Virginia Community BankClosed Mc Gaheysville | 8 | 1 | +7 | 16 |
| 2020 | Closed Louisa | 0 | 1 | −1 | 15 |
| 2021 | Acquired Virginia Commonwealth BankClosed 5 in Virginia | 17 | 5 | +12 | 27 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| 1-4 family residential | 34% | 30% | |
| Commercial real estate | 33% | 37% | |
| Business (C&I) | 14% | 10% | |
| Multifamily | 11% | 7% | |
| Construction and land | 5% | 8% | |
| Consumer | 1% | 4% | |
| Farmland | 0% | 2% | |
| Other | 1% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Time deposits | 41% | 24% | |
| Other interest-bearing | 37% | 52% | |
| Noninterest-bearing | 22% | 25% |
Brokered deposits are 9.8% of deposits (peers 6.1%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.67% | 0.33% |
| Net charge-offs, annualized | 0.03% | 0.06% |
| Reserves to loans | 1.19% | 1.01% |
| Leverage ratio | 11.23% | 10.38% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Virginia
Largest competitors in Henrico County, VA
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/blue-ridge-bank-martinsville-va