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                                                                   Exhibit 10.19

                              EMPLOYMENT AGREEMENT

        THIS EMPLOYMENT AGREEMENT, ("Agreement"), made this 31st day of,
December, 2002, by and between THE BANK OF HAMPTON ROADS, INC., a banking
association organized under the laws of the Commonwealth of Virginia (the "Bank"
or "Employer"), and JULIE R. ANDERSON, (the "Executive");

                              W I T N E S S E T H :

        WHEREAS, the Executive currently is rendering valuable services to the
Employer and it is the desire of the Employer to have the benefit of the
Executive's continued loyalty, service and counsel; and

        WHEREAS, the Executive wishes to continue in the employ of the Employer;

        NOW, THEREFORE, in consideration of the mutual covenants and agreements
herein set forth, the parties covenant and agree as follows:

        1.      EMPLOYMENT: The Employer agrees to continue to employ the
Executive to perform services for the Employer and the Executive agrees to
continue to serve the Employer upon the terms and conditions herein provided.
The Executive agrees to perform such managerial duties and responsibilities as
shall be assigned to him by the Board of Directors of the Employer, which duties
and responsibilities shall be substantially those functions of the Executive on
the date of this Agreement and the commencement date hereof. The Executive shall
devote his time and attention on a full-time basis to the discharge of the
duties undertaken by him hereunder.

        2.      TERMS AND COMPENSATION:

                (a) Term of Employment. The term of employment hereunder shall
commence as of the date of this agreement and shall continue to the first to
occur of (i) except as otherwise provided in Section 3 hereof, the end of the
sixtieth consecutive month, following the commencement date aforesaid (ii) the
Executive's death, or (iii) except as provided in Paragraph (d) of this Section
2, the Executive's disability. In the event the Executive is not informed, in
writing, prior to the last day of the forty-eighth consecutive month following
the commencement date of employment as aforesaid that this Agreement will not be
renewed, this Agreement will automatically renew itself for an additional period
of sixty months from the anniversary date established by the commencement of
employment as aforesaid.

                (b) Compensation. During the term of employment hereunder, the
Executive shall receive for his services a basic salary and incentive or bonus
compensation in amounts determined by the Board of Directors or an appropriate
committee of the Employer in accordance with the salary administration program
of the Employer as the same may from time to time be in effect, but in no event
shall such basic salary be less than the Executive's basic salary at the date
hereof.

                (c) Benefits. The Executive shall be eligible for participation
in any additional plans, programs or forms of compensation or benefits that the
Employer's Board of Directors might hereinafter provide to the class of
employees that includes the Executive.

                (d) Disability. In the event of the physical or mental
disability of the Executive by reason of which the Executive is unable to
perform the duties of his employment hereunder, the Employer shall continue to
pay or provide to the Executive the compensation and benefits provided under
Paragraphs (b) and (c) of this Section 2 for the first six months of such
disability. If, however, the disability continues beyond such six-month period,
the Employer may, at its election, terminate the Executive's employment under
this Agreement, in which case the Executive shall receive any disability
benefits payable under the Employer's plans in effect at that time.

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                (e) Death. In the event that the Executive's death should occur
during the term of this Agreement, this Agreement shall terminate and the
Executive or his estate or beneficiaries, as the case may be, shall be entitled
only to any and all retirement or death benefits payable under the Employer's
plans in effect at that time and no further compensation will be paid under this
Agreement.

        3.      TERMINATION:

                (a) Termination by the Employer. Nothing herein contained shall
prevent the Employer from terminating the services of the Executive at any time
prior to the expiration of this Agreement.

                    (1) If such termination is effective prior to the time "a
change in control" (as defined in part (b) of this Paragraph (3) occurs with
respect to the Bank, and prior to the time the Employer enters into negotiations
which result in such change of control, then unless the termination is "for good
cause " as hereinafter defined, the Employer shall pay the Executive a
termination allowance in 12 equal monthly payments commencing on the last day of
the month in which the date of actual termination occurs, the total amount of
which will equal the base salary plus director's fees, if any, but not including
any bonuses paid to the Executive by the Bank in the 12 months next preceding
the Notice of Termination. Except as provided in this Paragraph 3(a)(1), upon
the termination herein described, the compensation and benefits of the Executive
will cease as of the Date of Termination as defined in Paragraph 3(d).

                    (2) Termination of employment "for good cause" means a
dismissal of the Executive because of (i) the material failure of the Executive,
after written notice, for reasons other than disability, to render services to
the Employer as provided herein, (ii) the Executive's gross or willful neglect
of duty, or (iii) illegal or intentional acts by the Executive demonstrating bad
faith toward the Employer. If the Employer shall terminate the Executive's
employment for good cause, the Executive shall be entitled only to receive his
basic salary in respect of services performed through the Date of Termination.

                (b) Termination by the Executive. The Executive shall be
entitled to terminate his employment for good reason, in which event the
Employer shall be obligated to pay the Executive and furnish him the benefits
provided in Section 4 hereof. By way of illustration and not limitation, the
following circumstances shall constitute "good reason" and shall be deemed to be
a breach of this Agreement by the Employer:

                    (i) the Executive is assigned any duties or responsibilities
that are inconsistent with his positions, duties, responsibilities and status
with the Employer in effect at the date of this Agreement; or

                    (ii) a change in control occurs with respect to the Bank.

        For purposes of this Agreement, the term "a change in control" shall
mean (a) any "person" (as such term is used in Sections 13(d) and 14(d) of the
Securities Exchange Act of 1934) who is, or who has entered into a definite
agreement with the Bank to become, the beneficial owner, directly or indirectly,
of securities of the Bank representing more than 50% of the combined voting
power of the then outstanding securities of the Bank; or (b) a change in the
composition of a majority of the Board of Directors of the Bank within twelve
months after any person (as defined above) is or becomes the beneficial owner,
directly or indirectly, of securities of the Bank representing 25% of the
combined voting power of the then outstanding securities of the Bank. The right
herein conferred upon the Executive to terminate his employment for good reason
may be exercised by the Executive at any time during the terms of this Agreement
at his sole discretion, and any failure by the Executive to exercise this right
after he has "good reason" to do so shall not be deemed a waiver of the right.

        In the event the Executive terminates his employment without "good
reason" then he shall be entitled to no termination allowance and no severance
allowance and no further compensation after the "Date of Termination" as defined
in part (d) of this Paragraph 3.

                (c) Notice of Termination. Any termination of the Executive's
employment by the Employer or by

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the Executive shall be communicated by a written Notice of Termination to the
other party hereto. For purposes of this Agreement, a "Notice of Termination"
shall mean a notice which shall indicate the specific termination provision in
this Agreement relied upon and shall set forth in reasonable detail the facts
and circumstances claimed to provide a basis for termination.

                (d) Date of Termination. "Date of Termination" shall mean (i) if
the Agreement is terminated by the Executive, the date on which the Notice of
Termination is delivered, (ii) if the Agreement is terminated by the Employer
because of the Executive's disability, thirty days after the Notice of
Termination is given, or (iii) if the Executive's employment is terminated by
the Employer for any other reason, the date on which a Notice of Termination is
given, unless within thirty days thereafter the Executive notifies the Employer
that a dispute exists concerning the termination, in which case the Date of
Termination shall be the date on which the dispute is finally determined,
whether by mutual written agreement of the parties or by a final judgement,
order or decree of a court of competent jurisdiction (the time for appeal
therefrom having expired and no appeal having been perfected).

        4.      Compensation Upon Termination. Except as provided in Paragraph
3(a)(1) above, if, without good cause, the Employer terminates the services of
the Executive prior to the expiration of this Agreement or if the Executive
terminates his employment for good reason, then:

                (a) Accrued But Unpaid Compensation. The Employer shall pay the
Executive's full base salary through the Date of Actual Termination at the rate
then in effect and the amount, if any, of awards theretofore made which have not
yet been paid.

                (b) Severance Allowance. The Employer shall pay the Executive a
severance allowance in 60 equal monthly payments commencing on the last day of
the month in which the date of actual termination occurs, the total amount of
which will equal and will not exceed the present value of three times the base
amount minus $1.00 plus the present value of any other payments in the nature of
compensation within the meaning of Section 280G(b)(2)(A)(ii) of the Internal
Revenue Code of 1954, as amended (Code).

For purposes of this Paragraph 4(b), the following definitions shall apply:

        (i)     Base Amount - The term "base amount" means the Executive's
average annualized includible compensation for the base period.

        (ii)    Annualized Includible Compensation for the Base Period - The
term "annualized includible compensation for the base period" means the average
annual compensation paid by the Bank, which was includible in the gross income
of the executive for federal income tax purposes for taxable years in the base
period.

        (iii)   Base Period - The term "base period" means the period consisting
of the most recent five taxable years ending before the date on which
termination occurs, except for termination as a result of the operation of
Paragraph 3(b)(ii) above in which case the date of termination shall be deemed
to be the date a change in control occurs with respect to the Bank.

        (iv)    Present Value - Present value shall be determined in accordance
with Section 1274(b)(2) of the Code.

                (c) Employee Benefits. The Employer shall maintain in full force
and effect, for the Executive's continued benefit until the earlier of the third
anniversary of the Date of Termination or the date the Executive becomes a
participant in similar plans, programs or arrangements provided by a subsequent
employer, all life, accident, medical and dental insurance benefit plans and
programs or arrangements in which the Executive was entitled to participate
immediately prior to the Date of Termination, provided that the Executive's
continued participation is possible under the general terms and provisions of
such plans and programs. In the event that the Executive's participation in any
such plan or program is barred, the Employer shall arrange to provide the
Executive with benefits substantially similar to those which the Executive is
entitled to receive under such plans and programs. At the end of the period of
coverage, the Executive shall have the option to have assigned to him at no cost
and with no apportionment of prepaid premiums, any assignable insurance policy
owned by the Employer, or any one of

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them, and relating specifically to the Executive.

                (d) No Duty to Mitigate. The Executive shall not be required to
mitigate the amount of any payment provided for in this Section 4 by seeking
other employment or otherwise, nor shall the amount of any payment provided for
in this Section 4 be reduced by any compensation earned by the Executive as the
result of employment by another employer after the Date of Termination, or
otherwise.

        5.      MISCELLANEOUS:

                (a) Waiver. A waiver by any party of any of the terms and
conditions of this Agreement in any instance shall not be deemed or construed to
be a waiver of such terms and conditions for the future, or of any subsequent
breach thereof.

                (b) Severability. If any provision of this Agreement, as applied
to any circumstances, shall be adjudged by a court to be void and unenforceable,
the same shall in no way affect any other provision of this Agreement or the
applicability of such provision to any other circumstances.

                (c) Amendment. This Agreement may not be varied, altered,
modified, changed, or in any way amended except by an instrument in writing,
executed by the parties hereto or their legal representatives.

                (d) Nonassignability. Neither the Executive nor his estate shall
have any right to commute, sell, assign, transfer or otherwise convey the right
to receive any payments hereunder, which payments and the right thereto are
expressly declared to be nonassignable and nontransferable.

                (e) Binding Effect. This Agreement shall be binding upon and
inure to the benefit of the Executive (and his personal representative), the
Bank and any successor organization or organizations which shall succeed to
substantially all of the business and property of the Bank, whether by means of
merger, consolidation, acquisition of all or substantially all of the assets of
the Bank or otherwise, including by operation of law.

                (f) Governing Law. This Agreement shall be governed by and
construed in accordance with the Laws of the Commonwealth of Virginia, whether
statutory or decisional, applicable to agreements made and entirely to be
performed within such state and such provisions of federal law as may be
applicable.

        IN WITNESS WHEREOF, the parties have executed this Agreement as of the
day and year first above written.

                                            The Bank of Hampton Roads, Inc.

                                      By:   /s/ Emil A. Viola
                                            ------------------------------------
                                            Emil A. Viola, Chairman of the Board

                                            /s/ Julie R. Anderson
                                            ------------------------------------
                                            Julie R. Anderson, Executive

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