Bill Callaghan

Xenith Bankshares, Inc. is a holding company, which engages in the provision of a broad selection of commercial and retail banking products. Its wholly owned subsidiary Xenith Bank engages in commercial banking specifically targeting banking needs of middle market and small businesses, local real estate developers and investors, and retail banking clients. The company was founded on February 28, 2001 and is headquartered in Richmond, VA.

Bay Banks of Virginia, Inc. is a bank holding company, which engages in the provision of financial services through the Bank of Lancaster and Bay Trust Company. Its products include checking accounts, savings accounts, money market accounts, cash management accounts, certificates of deposit, individual retirement accounts, commercial and industrial loans, residential mortgages, commercial mortgages, home equity loans, consumer installment loans, investment accounts, insurance, credit cards, online banking, telephone banking, and mobile banking. The company was founded on February 10, 1997 and is headquartered in Richmond, VA.