Blue Ridge completed the merger with Virginia Community Bankshares for $43m.

Blue Ridge Bankshares, the parent holding company of Blue Ridge Bank, completed the merger with Virginia Community Bankshares, the parent holding company of Virginia Community Bank, for $43m. The combination expands Blue Ridge's presence into central Virginia through the addition of VCB's seven branches and will add approximately $252m in assets, $168m in loans, and $223m in deposits to Blue Ridge. "We are incredibly excited to partner with the Virginia Community Bankshares leadership team to continue building one of the premier community banks in the region. The complementary culture and geography will allow us to better serve our communities and clients with responsive commercial banking services while also growing our noninterest income lines of business, including purchase and credit cards, payroll, insurance, mortgage, and qualified intermediary services." Brian K. Plum, Blue Ridge President, and Chief Executive Officer.