Hampton Roads Bankshares has hired four lenders from Northwest Savings Bank in Baltimore to run its new commercial lending office there.
Hampton Roads has $2 billion of assets and is based in Virginia Beach, Va. Its Baltimore office will focus on commercial real estate and commercial and industrial lending, the company said in a press release Monday. The office will complement the Baltimore-based specialty finance unit that Shore Bank a Hampton Roads subsidiary opened in Baltimore in May, the company said.
Company executives are trying "to expand and broaden our presence in an attractive contiguous market," Chief Executive Douglas J. Glenn said of their plans for Baltimore.
Richard J. Hunt, Jr., will be president of the greater Baltimore market. Hunt has 25 years of commercial and retail banking experience with Northwest Savings and Provident banks. Michael G. Tilstra will be senior vice president for commercial real estate; he is a 30-year veteran of CRE and C&I lending who worked for Carrollton, SunTrust and Wachovia banks before joining Northwest Savings.
The other two hires are Keith M. Dukes and Ann-Marie P. Monroe, who will be senior vice presidents and client-relationship managers. Dukes has 40 years of experience at Northwest Savings, Carrollton and K banks; Monroe has been a banker for almost 30 years in various roles with Northwest Savings, Provident (later M&T) and 1st Mariner banks.
Hampton Roads Bankshares is the parent of The Bank of Hampton Roads, which runs banking offices in Virginia and North Carolina, and Shore Bank whose eight branches are located in Virginia, Maryland and Delaware.