Company Description (as filed with the SEC)
Unless indicated otherwise, the terms “we,” “us,” or “our” refer to Hampton Roads Bankshares, Inc. and its consolidated subsidiaries. Hampton Roads Bankshares, Inc. (the “Company”), a Virginia corporation, incorporated under the laws of the Commonwealth of Virginia on February 28, 2001, serves as a multi-bank holding company for Bank of Hampton Roads (“BOHR”) and Shore Bank (“Shore” and collectively, the “Banks”). Other wholly-owned subsidiaries include Shore Investments, Inc. and Hampton Roads Investments, Inc., which provide securities, brokerage, and investment advisory services. Hampton Roads Investments, Inc. is currently inactive, and the Company is in the process of consolidating it into Shore Investments, Inc. The Company expects this process to be complete in the first quarter of 2013. On June 1, 2008, the Company acquired via merger all the outstanding shares of Shore Financial Corporation, making Shore a wholly-owned subsidiary of the Company. ... More ...