NORFOLK, Va., Feb. 4, 2009 (GLOBE NEWSWIRE) -- Hampton Roads Bankshares, Inc. (Nasdaq:HMPR), the financial holding company for Bank of Hampton Roads, Shore Bank and Gateway Bank & Trust, is pleased to announce that Paul A. Driscoll has joined the company as Associate General Counsel.
Prior to joining Hampton Roads Bankshares, Driscoll practiced law for twelve years at Pender & Coward, P.C. in Virginia Beach; he had served as counsel in the law firm since 2005. In his private practice he specialized in bankruptcy and creditors rights, commercial litigation, and immigration. Driscoll is admitted in the state courts of Virginia and North Carolina as well as the United States District and Bankruptcy Courts for the Eastern and Western Districts of Virginia and the United States District Courts for the Eastern and Middle Districts of North Carolina.
Driscoll also has a distinguished military career. He currently serves as a Lieutenant Colonel in the United States Army Reserve and recently returned from active duty in Iraq where he served as National Police Transition Team Chief, Baghdad. His military badges and awards include the Combat Infantryman's Badge, Ranger Tab, Bronze Star and the Iraq Campaign Medal.
Driscoll is a cum laude graduate of Washington and Lee University, where he obtained his undergraduate and law degree. He is currently pursuing a Master of Strategic Studies at the United States Army War College.
About Hampton Roads Bankshares
Hampton Roads Bankshares, Inc. is a financial holding company that was formed in 2001 and is headquartered in Norfolk, Virginia. The Company's primary subsidiaries are Bank of Hampton Roads, which opened for business in 1987; Shore Bank, which opened in 1961; and Gateway Bank & Trust Co., which opened in 1998. The Banks engage in general community and commercial banking business, targeting the needs of individuals and small to medium-sized businesses. Currently, Bank of Hampton Roads operates eighteen banking offices in the Hampton Roads region of southeastern Virginia. Shore Bank serves the Eastern Shore of Maryland and Virginia through eight banking offices and twenty-two ATMs. Gateway Bank & Trust Co. serves Virginia and North Carolina through thirty-seven banking offices. Through various affiliates, the Banks also offer mortgage banking services, insurance, title insurance 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.
Certain statements in this report 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. Although the Company believes that its expectations with respect to certain 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 any future results, performance or achievements expressed or implied by such forward-looking statements. Actual future results and trends may differ materially from historical results or those anticipated depending on a variety of factors. For an explanation of the risks and uncertainties associated with forward-looking statements, please refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2007, and other reports filed and furnished to the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements made in this press release and this release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction in which such solicitation would be unlawful.