Blue Ridge Bankshares Inc., the parent company of Henrico-based Blue Ridge Bank, reported a $4.2 million loss in the third quarter, months after telling investors it had cleaned up problems that had weighed on the bank for several years.
The loss was largely driven by a $9.9 million charge-off tied to a single borrower relationship involving an out-of-market hydroponic farming business.
Read the full story in the Richmond Times-Dispatch.
