8-K

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)                 August 7, 2012           

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 filing 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 7.01. Regulation FD Disclosure.

On August 7, 2012, Hampton Roads Bankshares, Inc. (the “Company”), the holding company for The Bank of Hampton Roads (“BHR”) and Shore Bank, announced the appointment of Donna W. Richards as president of BHR.

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 August 7, 2012, announcing the appointment of Donna W. Richards as president of The Bank of Hampton Roads.

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:    August 7, 2012	By:	/s/ Douglas J. Glenn
		Douglas J. Glenn
		President and
		Chief Executive Officer

EXHIBIT INDEX

Exhibit No.	Description
Ex. 99.1	Press Release, dated August 7, 2012, announcing the appointment of Donna W. Richards as president of The Bank of Hampton Roads.

EX-99.1

Exhibit 99.1

         August 7, 2012

Contact:          Stephen P. Theobald

Executive Vice President and Chief Financial Officer

(757) 217-1000

BANK OF HAMPTON ROADS APPOINTS DONNA RICHARDS PRESIDENT

 Norfolk, Virginia, August 7, 2012:  Hampton Roads Bankshares, Inc. (NASDAQ:  HMPR) (the “Company”), the holding company for The Bank of Hampton Roads (“BHR”) and Shore Bank, today announced that Donna W. Richards has been appointed President of BHR.  She was previously President – Virginia/North Carolina, with responsibility for all of BHR's branches, marketing, and the Small Business Banking and Private Banking units.  As President, Richards will retain these responsibilities and will play an expanded role in developing and executing BHR’s operating strategies going forward.

Douglas J. Glenn, President and Chief Executive Officer of the Company and BHR, said, “Since Donna’s appointment as President  - Virginia/North Carolina last year, she has played a key role in refining and executing the Company’s plan to sharpen our focus on our core community banking franchise, improve our operating efficiency and return to profitability.  Her appointment as President reflects the scope of her organizational responsibilities and the significant contributions she has already made.”

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Richards has been with BHR and its predecessor organizations, Gateway Bank and The Bank of Richmond, since 2005. At Gateway, she served as Senior Vice President and Senior Banking Executive and, prior to that, as Charlottesville Market President. Prior to joining The Bank of Richmond in May 2005, Richards served as Chief Operating Officer on the management team that opened Charlottesville-based Sonabank in 2005.  Prior to Sonabank, she was Senior Vice President of Commercial Lending at Northern Virginia-based Southern Financial Bank and also served nearly ten years in various positions at Guaranty Bank, finally as Chief Operating Officer. Her career spans 25 years, with a broad range of experience that includes retail banking, audit, mortgage banking, and commercial lending. 

About Hampton Roads Bankshares

Hampton Roads Bankshares, Inc. is a bank holding company that was formed in 2001 and is headquartered in Norfolk, Virginia. The Company’s primary subsidiaries are BHR, 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, BHR 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 recently opened 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.

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