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641 Lynnhaven Parkway
Virginia Beach, VA 23452

Bank of Hampton Roads is headquartered in Virginia Beach and is the 13st largest bank in the state of Virginia. It is also the 434th largest bank in the nation. It was established in 1987 and as of March of 2014, it had grown to 452 employees at 31 locations. Bank of Hampton Roads has a C+ health rating.

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Reviews (2)

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.

Offering New .8% Money Market Account

The bank is now offering a new .8% money market account for deposits over $25k.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Bank of Hampton Roads had $64.89 million in non-current loans and owned real-estate with $200.63 million in equity and loan loss allowances on hand to cover it. This gives Bank of Hampton Roads a Texas Ratio of 32.34% which is average. 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 decreased dramatically from 51.04% as of March 31, 2013 to 32.34% as of March 31, 2014, resulting in a positive change of 36.63%.This indicates that the balance sheet and financial strength for Bank of Hampton Roads has improved dramatically in recent periods.

Deposit Growth


In the past year, Bank of Hampton Roads has decreased its total deposits by -$91.1 million, resulting in -6.66% 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 below average.



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 $1.63 billion in assets with $200.63 million in equity, resulting in a capitalization level of 12.33%, which is excellent.

Institution Statistics

FDIC Certificate #27125
Year Established1987
Primary RegulatorFED
Assets and Liabilities
Assets$1.63 billion
Loans$1.09 billion
Deposits$1.28 billion
Equity Capital$172.62 million
Loan Loss Allowance$28.01 million
Unbacked Noncurrent Loans$39.67 million
Real Estate Owned$25.22 million
Historic Data - March 2013
Assets$1.72 billion
Equity Capital$166.05 million
Loan Loss Allowance$41.04 million
Unbacked Noncurrent Loans$39.67 million
Real Estate Owned$30.58 million
Profit Margin - Quarterly
Net Interest Margin3.48%
Return on Assets1.21%
Return on Equity11.64%
Interest Income$14.64 million

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Bank of Hampton Roads has 31 locations. Click to view all Bank of Hampton Roads locations.