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John Schroeder Joins Shore Bank as Senior Vice President - Commercial Banking



John Schroeder Joins Shore Bank as Senior Vice President - Commercial Banking

Over 35 Years of Experience in Commercial Banking

VIRGINIA BEACH, Va., Feb. 27, 2013 (GLOBE NEWSWIRE) -- Hampton Roads
Bankshares, Inc. (Nasdaq:HMPR) (the "Company"), the holding company for The
Bank of Hampton Roads ("BHR") and Shore Bank, today announced that John R.
Schroeder has joined Shore Bank's commercial banking team in Rehoboth Beach,
Delaware as Senior Vice President – Commercial Banking, reporting to James D.
Barr, Delaware Market President for Shore Bank. Schroeder brings over 35 years
of experience in commercial banking in southern Delaware and surrounding
areas.

Douglas J. Glenn, President and Chief Executive Officer of the Company and
Chief Executive Officer of BHR, said, "We are very pleased to welcome John to
our team. He brings a proven track record, deep knowledge of the markets in
the Delaware region, and decades of experience across all aspects of
commercial real estate finance, including origination, underwriting,
structuring, and servicing."

Prior to joining Shore Bank, Schroeder served as Senior Vice President with
Applied Bank in Rehoboth Beach, Delaware. From 1994 to 2009, he served as a
Vice-President and commercial relationship manager with PNC and its
predecessors Baltimore Trust and Mercantile Peninsula Bank. From 1984 to 1994,
Schroeder worked for Second National Federal Savings Bank in the Delaware
markets. Prior to that, he began his banking career as a Branch Manager for
Sussex Trust Company.

Schroeder earned a BA in Political Science from the University of Delaware. He
is also a graduate of the University of Virginia's Graduate School of Retail
Bank Management. From 1988 to 2002 Schroeder was an elected member of the
Delaware House of Representatives, serving on the Education, Environmental,
Agricultural and Bond Committees during his seven terms. Mr. Schroeder also
served on the Family Law Commission of Delaware and currently serves on the
Greater Lewes Foundation, the Sussex County Land Trust, the Delaware Open
Space Council and the Rehoboth Art League.

Caution About Forward-Looking Statements

Certain statements made in this press release may constitute "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements are statements that include projections,
predictions, expectations, or beliefs about events or results or otherwise are
not statements of historical facts, including prospective statements about the
performance of the Company's personnel. Although the Company believes that its
expectations with respect to such forward-looking statements are based upon
reasonable assumptions within the bounds of its existing knowledge of its
business and operations, there can be no assurance that actual results,
performance or achievements of the Company will not differ materially from
those expressed or implied by such forward-looking statements.  Factors that
could cause actual events or results to differ significantly from those
described in the forward-looking statements include, but are not limited to
those described in the cautionary language included under the headings "Risk
Factors" and "Management's Discussion and Analysis of Financial Condition and
Results of Operations" in the Company's Annual Report on Form 10-K for the
fiscal year ended December 31, 2011, Quarterly Report on Form 10-Q for the
quarter ended September 30, 2012 and other filings made with the SEC.

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 Maryland and Virginia through seven banking
offices, ATMs and a loan production office in West Ocean City, Maryland.
Through various affiliates, the Banks also offer mortgage banking services and
investment products. 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: Stephen P. Theobald
         Executive Vice President and Chief Financial Officer
         (757) 217-1000
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