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William Thompson, III Joins Bank of Hampton Roads as Commercial Relationship Manager in Elizabeth City, NC

VIRGINIA BEACH, Va., May 6, 2015 (GLOBE NEWSWIRE) -- Hampton Roads Bankshares, Inc. (Nasdaq:HMPR) (the "Company"), the holding company for The Bank of Hampton Roads ("BHR") and Shore Bank ("Shore"), today announced that William Thompson, III has joined BHR as a Commercial Relationship Manager in Elizabeth City, NC. BHR does business in North Carolina under the "Gateway Bank" brand name.

Thompson will report to Matt Scribner, Northeast North Carolina Market Leader, at the North Road Street branch in Elizabeth City. In this position, Thompson shares responsibility for commercial banking business growth and development in the Northeast North Carolina market.

Douglas J. Glenn, President and CEO of the Company, said, "Will is a great addition to our commercial banking team in Northeast North Carolina and his energy and experience will further renew our commitment to this important market. He brings over 10 years of banking experience and civic and community involvement, giving him a strong understanding of the needs and dreams of our customers. This makes Will a great fit with our culture as a company."

Thompson most recently worked at First South Bank, serving as a Community Banking Officer. Previous to that, he was a Senior Business Analyst and Project Manager with nCino, LLC and also worked for over 5 years with PNC in Business Banking. Mr. Thompson began his banking career at Bank of America.

Thompson received a Bachelor of Science in Business Administration from Elizabeth City State University. He is actively involved in a number of local community organizations, including serving on the Board of Directors for the Elizabeth City Morning Rotary and is also a color analyst for local high school football games with East Carolina Radio.

About Hampton Roads Bankshares

Hampton Roads Bankshares, Inc. is a bank holding company that was formed in 2001 and is headquartered in Virginia Beach, Virginia. The Company's primary subsidiaries are The Bank of Hampton Roads, which opened for business in 1987, and Shore Bank, which opened in 1961 (the "Banks"). The Banks engage in general community and commercial banking business, targeting the needs of individuals and small to medium-sized businesses. Currently, The Bank of Hampton Roads operates banking offices in Virginia and North Carolina doing business as The Bank of Hampton Roads and Gateway Bank & Trust Co. Shore Bank serves the Eastern Shore of Virginia, eastern Maryland, and southern Delaware through eight banking offices, ATMs, and loan production offices in West Ocean City, Maryland, Rehoboth Beach, Delaware and Baltimore, Maryland. Through various affiliates, the Banks also offer mortgage banking services. Shares of the Company's common stock are traded on the NASDAQ Global Select Market under the symbol "HMPR." Additional information about the Company and its subsidiaries can be found at www.hamptonroadsbanksharesinc.com.

CONTACT: Douglas J. Glenn President and Chief Executive Officer (757) 217-1000

Source:Hampton Roads Bankshares, Inc.