Institution Statistics
| Bank of Hampton Roads | | FDIC Certificate # | 27125 | | BankRate Report | View | | Year Established | 1987 | | Employees | 495 | | Primary Regulator | FED |
Assets and Liabilities | | Assets | $1.90 billion | | Loans | $1.28 billion | | Deposits | $1.58 billion | | Equity Capital | $131.58 million | | Loan Loss Allowance | $71.56 million | | Unbacked Noncurrent Loans | $125.40 million | | Real Estate Owned | $60.31 million |
Historic Data - December 2010 | | Assets | $2.58 billion | | Equity Capital | $183.28 million | | Loan Loss Allowance | $152.63 million | | Unbacked Noncurrent Loans | $246.06 million | | Real Estate Owned | $57.51 million |
Profit Margin - Quarterly | | Net Interest Margin | 3.23% | | Return on Assets | -4.19% | | Return on Equity | -58.8% | | Interest Income | $88.30 million |
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Institution Health
Overall Score:
2 out of 5 
| Texas Ratio |  | | The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Bank of Hampton Roads had $185.71 million in non-current loans and owned real-estate with $203.14 million in equity and loan loss allowances on hand to cover it. This gives Bank of Hampton Roads a Texas Ratio of 91.42% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Bank of Hampton Roads held steady from 90.37% as of December 31, 2010 to 91.42% as of December 31, 2011, resulting in a negative change of 1.16%. This indicates that the balance sheet and financial strength for Bank of Hampton Roads has held steady in recent periods. | | Deposit Growth | | | In the past year, Bank of Hampton Roads has decreased its total deposits by -$600.21 million, resulting in -27.51% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bank of Hampton Roads has shown is poor. | | Capitalization |  | | Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bank of Hampton Roads has $1.9 billion in assets with $203.14 million in equity, resulting in a capitalization level of 10.70%, which is above average. |
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Average User Rating:
First Hand
Having worked at this bank for four years, I have first hand experience with its inner workings. Trying to take over Gateway and Shore Bank-- I think we all know that was a big mistake. I mean, they couldn't even afford the raises promised to their employees after that. Then Jack Gibson is forced out... Embarrassing to say the least... In fact, all of their former "head honchos" are gone... Stocks have plummeted... Things are falling apart left and right. Not only do the high and mighty ones at corporate headquarters mistreat their employees, but the customers are allowed to curse at employees, say crude and vile things to employees, inappropriately touch employees, you name it-- it has probably happened. If you can't make your employees stick around, you certainly cannot make customers stick around. BoHR's fees are high, and their rates are lousy. It would be wise to take your money to a more stable institution.