Russell E. Twiford

The Group's principal activity is to provide commercial and retail banking and brokerage services. The services include checking and savings accounts, commercial, installment and personal loans, safe deposit boxes and other associated services. The Group acts as an agent providing brokerage services for non-bank investment products and services. In addition, it offers insurance services, debit card program, automated teller machines, drive-through facilities and internet banking to both business and individual customers. The Group operates through twenty-two offices eleven in Virginia: Virginia Beach, Chesapeake, Suffolk, Norfolk and Emporia and eleven in North Carolina: Elizabeth City, Edenton, Kitty Hawk, Moyock, Nags Head, Plymouth, Roper and Raleigh, and a private banking center in Raleigh. On 01-Jun-07, it acquired The Bank of Richmond and on Jan 2007, Breen Title and Settlement Inc.