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Hampton Roads Bankshares,
Inc.
HMPR, the holding company for The Bank of
Hampton Roads and Shore Bank, today announced the mutual termination
of an agreement dated July 14, 2011 between BHR and The East Carolina Bank,
the wholly-owned subsidiary of ECB Bancorp. Inc.
ECBE,
under which ECB was to purchase all deposits and selected assets associated
with seven Gateway Bank branches in North Carolina. The branches included in
the agreement were Preston Corners, Plymouth, Roper, Chapel Hill, Falls of
Neuse, Lake Boone and Wilmington.
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