 Blue Ridge Bankshares, Inc. the Company NYSE American: BRBS announced today its first quarter 2020 net income of 841,000, or 0.15 earnings per share, compared to 1,282,000, or 0.38 per share, for the quarterly period ended March 31, 2019. The decline in quarterly earnings are primarily attributable to fair value adjustments in the mortgage division, the addition of personnel in retail mortgage, the integration of the LenderSelect Mortgage Group in January 2020, and the spillover of costs into 2020 for the acquisition of Virginia Community Bankshares, Inc. VCB, which closed in December 2019 but was operationally integrated at the bank level on January 24, 2020. 