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EX-99.1 - Xenith Bankshares, Inc.f8k072811pressrelease.htm


 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)    
July 28, 2011
 


Hampton Roads Bankshares, Inc.
(Exact name of registrant as specified in its charter)
     
Virginia
001-32968
54-2053718
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)
     
999 Waterside Drive, Suite 200, Norfolk, Virginia 23510
(Address of principal executive offices) (Zip Code)
 
 
Registrant's telephone number, including area code (757) 217-1000
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filin
obligation of the registrant under any of the following provisions:
 
 
o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 


 
 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b)           On July 28, 2011, Kevin Pack, President and Chief Executive Officer of Gateway Bank Mortgage, Inc. (“Gateway Mortgage”), a wholly-owned subsidiary of Hampton Roads Bankshares, Inc., resigned from employment with Gateway Mortgage, effective September 1, 2011.

Item 8.01. Other Events.

On July 28, 2011, Hampton Roads Bankshares, Inc. (the “Company”), the holding company for Bank of Hampton Roads and Shore Bank, announced new leadership for its subsidiary, Gateway Bank Mortgage, Inc.

A copy of the press release making such announcement is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01.                      Financial Statements and Exhibits.

(d) Exhibits

Ex. 99.1
 
Press Release, dated July 28, 2011, announcing new leadership for Gateway Bank Mortgage, Inc.


Caution about Forward-Looking Statements

Certain statements made herein and in the attached 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, such as statements about the Company’s growth and profitability going forward.  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, 2010, as amended, Quarterly Report on Form 10-Q for the quarter ended March 31, 2011, those factors addressed in the Company’s most recent prospectus supplement filed with the Securities and Exchange Commission (“SEC”) on June 15, 2011 and other filings made with the SEC.



 
 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
Hampton Roads Bankshares, Inc.
 
       
Date:  July 28, 2011
By:
/s/ John A.B. Davies, Jr.  
    John A.B. Davies, Jr.  
    President and Chief Executive  
    Officer  

 
 

 

EXHIBIT INDEX
 

Exhibit No.                                                      Description
 
Ex. 99.1
 
Press Release, dated July 28, 2011, announcing new leadership for Gateway Bank Mortgage, Inc.