Bank of Hampton Roads in Norfolk, Virginia (VA), NC
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Bank of Hampton Roads in Norfolk, Virginia (VA), NC
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Bank of Hampton Roads - Overview

  • General
  • FDIC Certificate #: 27125
    Status: Active
    Federal Reserve ID: 1161029
    Bank Holding Company (Regulatory Top Holder): Capgen Capital Group Vi Lp (RSSDID: 4156660, Location: New York, NY)
    Date Established: December 08, 1987
    WWW: http://www.bankofhamptonroads.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 47 (Domestic: 47, Interstate: Yes)
    FDIC's unique #: 38827
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 08, 1987
    Last Structure Change Effective Date: May 09, 2009
    Last Structure Change Process Date: May 20, 2009
    Last Data Update: May 20, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 999 Waterside Drive, Norfolk, VA 23510
    County: Norfolk City
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Richmond
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Norfolk-Virginia Beach-Newport News, VA-NC (#5720)
    Core Based Statistical Area (CBSA): Virginia Beach-Norfolk-Newport News, VA-NC (#47260)
    CBSA Metro Statistical Area: Virginia Beach-Norfolk-Newport News, VA-NC (#47260)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $1,899.1 mil
    Equity capital: $131.6 mil
    Deposits held in domestic offices: $1,581.4 mil
    Return on assets (ROA): -4.19% (-$79.6 mil)
    Quarterly return on assets: -4.06% (-$77.1 mil)
    Return on Equity (ROE): -58.80% (-$77.6 mil)
    Quarterly return on equity: -57.89% (-$76.4 mil)
    Net income: -$95.3 mil
    Quarterly Net income: -$20.6 mil
    Pretax return on assets: -4.10% (-$77,861.5 mil)
    Quarterly Pretax return on assets: -4.06% (-$77,101.9 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 495Total employees (full-time equivalent)
  • $1,899,061Total assets
  • $125,177Cash and due from depository institutions
  • $100,102Interest-bearing balances
  • $263,734Securities
  • $10Federal funds sold & reverse repurchase agreements
  • $1,277,437Net loans & leases
  • $71,562Loan loss allowance
  • $0Trading account assets
  • $76,289Bank premises and fixed assets
  • $60,305Other real estate owned
  • $1,099Goodwill and other intangibles
  • $1,899,061Life insurance assets
  • $95,010All other assets
  • $1,767,242Total liabilities and capital
  • $1,581,401Total liabilities
  • $1,390,461Total deposits
  • $1,581,401Interest-bearing deposits
  • $75Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $175,960Trading liabilities
  • $0Other borrowed funds
  • $9,881Subordinated debt
  • $131,819All other liabilities
  • $131,576Total equity capital
  • $131,576Total bank equity capital
  • $0Perpetual preferred stock
  • $18,359Common stock
  • $556,404Surplus
  • $-443,187Undivided profits
  • Memoranda
  • $243Noncurrent loans and leases
  • $63,171Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $125,403Income earned, not collected on loans
  • $0Earning assets
  • $5,517Long-term assets (5+ years)
  • $1,641,283Average Assets, year-to-date
  • $304,785Average Assets, quarterly
  • $2,273,659Volatile liabilities
  • $2,030,704Insider loans
  • $1,450,593FHLB advances
  • $1,983,355Loans and leases held for sale
  • $47,239Unused loan commitments
  • $25,571Tier 1 (core) risk-based capital
  • $115,043Tier 2 risk-based capital
  • $12,226Total risk weighted assets
  • $9,442Total unused commitments
  • $167,908Restructured Loans and leases
  • $98,133Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $88,304Total interest income
  • $23,762Total interest expense
  • $64,542Net interest income
  • $67,240Provision for loan and lease losses
  • $896Total noninterest income
  • $0Fiduciary activities
  • $4,601Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$3,705Additional noninterest income
  • $91,935Total noninterest expense
  • $39,750Salaries and employee benefits
  • $8,966Premises and equipment expense
  • $43,219Additional noninterest expense
  • -$93,737Pre-tax net operating income
  • $1,170Securities gains (losses)
  • $2,107Applicable income taxes
  • -$94,674Income before extraordinary items
  • $0Extraordinary gains - net
  • -$95,286Net income attributable to bank
  • $612Net charge-offs
  • -$94,674Cash dividends
  • $148,310Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.42%Yield on earning assets
  • 1.19%Cost of funding earning assets
  • 3.23%Net interest margin
  • 0.04%Noninterest income to earning assets
  • 4.60%Noninterest expense to earning assets
  • -4.22%Net operating income to assets
  • -4.19%Return on assets (ROA)
  • -4.10%Pretax return on assets
  • -58.80%Return on equity (ROE)
  • -58.80%Retained earnings to average equity (YTD only)
  • 9.64%Net charge-offs to loans
  • 45.34%Credit loss provision to net charge-offs
  • -0.18%Efficiency ratio
  • 138,727Assets per employee
  • 3.84%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.30%Loss allowance to noncurrent loans
  • 57.07%Noncurrent assets plus other real estate owned to assets
  • 9.78%Noncurrent loans to loans
  • 9.30%Net loans and leases to deposits
  • 80.78%Net loans and leases to core deposits
  • 89.53%Equity capital to assets
  • 6.93%Core capital (leverage) ratio
  • 5.80%Tier 1 risk-based capital ratio
  • 7.93%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $2,273,659Average earning assets
  • $162,038Average equity
  • $1,997,218Average loans

List of branches

  • 14 North Carolina Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    2361824Elizabeth City Main Branch1145 North Road Street, Elizabeth City, NC 27909December 01, 1998Full Service Brick and Mortar
    25221277Roper Branch102 West Buncombe Street, Roper, NC 27970May 06, 1963Full Service Brick and Mortar
    26261210Plymouth Branch433 U.S. Highway 64, Plymouth, NC 27962August 15, 1997Full Service Brick and Mortar
    27363680Edenton Branch322 S. Broad Street, Edenton, NC 27932January 02, 2002Full Service Brick and Mortar
    29419893Kitty Hawk Branch3600 North Croatan Highway, Kitty Hawk, NC 27949September 09, 2002Full Service Brick and Mortar
    32204885Southgate Branch1404 West Ehringhaus Street, Elizabeth City, NC 27909August 17, 1970Full Service Brick and Mortar
    34432014Nags Head Branch2808 South Croatan Highway, Nags Head, NC 27959August 23, 2004Full Service Brick and Mortar
    38438936Moyock Branch100 Moyock Commons Drive, Moyock, NC 27958December 01, 2004Full Service Brick and Mortar
    44454930Southern Shores Branch5406 N Croatan Highway, Kitty Hawk, NC 27949April 06, 2006Full Service Brick and Mortar
    53467265Falls Of The Neuse Branch8470 Falls Of The Neuse Road, Raleigh, NC 27615June 19, 2007Full Service Brick and Mortar
    54469935Lake Boone Branch2235 Gateway Access Point, Raleigh, NC 27607December 17, 2007Full Service Brick and Mortar
    56478995Wilmington Branch901 Military Cutoff Road, Wilmington, NC 28405November 07, 2007Full Service Brick and Mortar
    57478996Chapel Hill Branch504 Meadowmont Village Circle, Chapel Hill, NC 27517March 17, 2008Full Service Brick and Mortar
    60493434Preston Corners Office Branch4725 Sw Cary Parkway, Cary, NC 27513March 16, 2009Full Service Brick and Mortar
  • 33 Virginia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    038827Bank Of Hampton Roads999 Waterside Drive, Norfolk, VA 23510December 08, 1987Full Service Brick and Mortar
    2261149Deep Creek Branch852 North George Washington Highway, Chesapeake, VA 23323May 02, 1989Full Service Brick and Mortar
    3261150The Crossroads Branch1500 Mount Pleasant Road, Chesapeake, VA 23322July 09, 1990Full Service Brick and Mortar
    4261151South Norfolk Branch712 Liberty Street, Chesapeake, VA 23324October 21, 1991Full Service Brick and Mortar
    536325Indian River Branch5472 Indian River Road, Virginia Beach, VA 23464April 01, 1987Full Service Brick and Mortar
    6261152Corporate Landing Branch1100 Dam Neck Road, Virginia Beach, VA 23454March 29, 1993Full Service Brick and Mortar
    9261154Market Street Branch117 Market Street, Suffolk, VA 23434December 13, 1993Full Service Brick and Mortar
    11261156Princess Anne Branch4500 East Princess Anne Road, Norfolk, VA 23502March 02, 1998Full Service Brick and Mortar
    12261157Portsmouth Boulevard Branch4108 Portsmouth Boulevard, Chesapeake, VA 23321December 29, 1997Full Service Brick and Mortar
    16261161East Beach Branch4037 East Little Creek Road, Norfolk, VA 23518October 01, 1998Full Service Brick and Mortar
    17261162Great Neck Branch1316 N. Great Neck Road, Virginia Beach, VA 23454Febuary 16, 1999Full Service Brick and Mortar
    19361302Pembroke Branch281 Independence Boulevard, Ste 100, Virginia Beach, VA 23464September 01, 2001Full Service Brick and Mortar
    20443128Great Bridge239 S. Battefield Blvd., Chesapeake, VA 23322January 31, 2005Full Service Brick and Mortar
    21445541Dominion Tower999 Waterside Drive, Norfolk, VA 23510August 16, 2005Full Service Brick and Mortar
    22473062Edinburgh Branch204 Carmichael Way, Chesapeake, VA 23322Febuary 25, 2008Full Service Brick and Mortar
    28418908Shore Drive Branch3001 Shore Drive, Virginia Beach, VA 23451April 21, 2003Full Service Brick and Mortar
    30419894Gainsborough Branch111 Gainsborough Square, Chesapeake, VA 23320November 14, 2002Full Service Brick and Mortar
    33426567Independence Branch713 Independence Boulevard, Virginia Beach, VA 23455Febuary 02, 2004Full Service Brick and Mortar
    35432814Emporia Branch520 S Main Street, Emporia, VA 23847October 18, 2004Full Service Brick and Mortar
    36432815Suffolk Branch2825 Godwin Blvd, Suffolk, VA 23434October 18, 2004Full Service Brick and Mortar
    39442302Hilltop Branch1580 Laskin Road, Virginia Beach, VA 23451March 01, 2005Full Service Brick and Mortar
    40442303Sandbridge Branch2098 Princess Anne Road, Virginia Beach, VA 23456May 02, 2005Full Service Brick and Mortar
    42454908Ghent Branch539 21st Street, Norfolk, VA 23517Febuary 06, 2006Full Service Retail
    43454909Lynnhaven Branch641 S Lynnhaven Parkway, Virginia Beach, VA 23452March 06, 2006Full Service Retail
    4575631Buford Road Branch2730 Buford Road, Richmond, VA 23235July 15, 1999Full Service Brick and Mortar
    46363498Broad Street Branch8209 West Broad Street, Richmond, VA 23294March 21, 2002Full Service Brick and Mortar
    47364636Patterson Branch5300 Patterson Ave., Richmond, VA 23226January 22, 2001Full Service Brick and Mortar
    49441146Harbour Point Branch13804 Hull Street, Midlothian, VA 23112May 24, 2005Full Service Brick and Mortar
    50452974Short Pump Branch12090 W Broad St, Richmond, VA 23233May 20, 2006Full Service Brick and Mortar
    51467263Pacific Avenue Branch3801 Pacific Avenue, Virginia Beach, VA 23451August 06, 2006Full Service Brick and Mortar
    55472628Dominion Drive Branch100 Dominion Drive, Emporia, VA 23847Febuary 07, 2008Full Service Brick and Mortar
    58478997Charlottesville Branch204 Albemarle Square, Charlottesville, VA 22901April 28, 2008Full Service Brick and Mortar
    61512907Volvo Parkway Branch201 Volvo Parkway, Chesapeake, VA 23320August 16, 2005Full Service Brick and Mortar

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