Hampton Roads Bankshares Inc. announced that James F. Burr has been appointed to its Board of Directors. Burr has been a Managing Director in the Carlyle Group's Global Financial Services Group since 2008.

Hampton Roads Bankshares Inc. announced that Charles M. Johnston, age 57, has been appointed Chairman of the company's Board of Directors. He succeeds Henry P. Custis, Jr., who will remain a member of the Board and will serve as Chairman Emeritus. Johnston joined the company's Board of Directors in September, 2012. He served as Chief Financial Officer of Eastern Bank Corporation, from 2003 until his retirement in March, 2012.

Hampton Roads Bankshares Inc. reported financial results for the first quarter ended March 31, 2013. For the first quarter, the company reported net profit available to shareholders of $0.63 million or $0.03 per basic and diluted share compared to net loss available to shareholders of $7.91 million or $0.23 per basic and diluted share last year. Net interest income for the first quarter of 2013 was $15.9 million compared to $16.7 million in the first quarter of 2012. The year over year decline in net interest income is the result of declines in average interest earning assets, partly offset by an increase in net interest margin. Interest income was $19.53 million compared to $21.61 million last year. Net income was $1.93 million compared to net loss of $7.40 million last year. Book value per common share was $1.09 compared to $3.05 per share last year. Tangible book value per common share was $1.08 compared to $2.95 per share last year. Return on average assets was 0.13% compared to negative return on average assets of 1.47% last year. Return on average common equity was 1.38% compared to negative return on average common equity of 28.32% last year. Tangible return on average common equity was 1.40% compared to negative tangible return on average common equity of 29.25% last year.