HBSI Financials 07/16/2014 04:12:59 Highlands Ban
Post# of 3
Highlands Bankshares, Inc.
Period Ending Dec 31, 2011 Dec 31, 2010
Total Revenue 23,282 25,042
Cost of Revenue 4,145 5,740
Gross Profit - -
Operating Expenses
Research and Development - -
Sales, General and Admin. 13,145 13,109
Non-Recurring Items - -
Other 3,624 3,487
Operating Income - -
Income From Continuing Operations
Add'l Income/Expense Items - -
Earnings Before Interest and Tax 2,368 2,706
Interest Expense 438 474
Earnings Before Tax 1,930 2,232
Income Tax 538 640
Minority Interest - -
Equity Earnings Unconsolidated Subsidiary - -
Net Income Cont. Operations 1,392 1,592
Non Recurring Events
Discontinued Operations - -
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income 1,392 1,592
Preferred Stock and Other Adjustments - -
Net Income Applicable to Common Shareholders 1,392 1,592