Highlands Bankshares Inc/Va (HBKA) 5.5000

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Highlands Bankshares Inc/Va (HBKA) 5.5000 $HBKA

Highlands Bankshares Earnings Grow 11% to $2.14 Million for the First Nine Months 2015; Propelled by Strong Growth in Loans and Solid Improvements in Asset Quality with NPAs Declining 35% YOY
GlobeNewswire - Mon Nov 16, 3:00PM CST
Highlands Bankshares, Inc. (OTC Pink:HBKA), (the "Company"parent company for Highlands Union Bank, (the "Bank", today reported operating profitability continued to improve reflecting strong loan growth and improving credit quality. Earnings totaled $430,000, or $0.04 per diluted share for the third quarter of 2015, which included a tax expense of $114,000. Net income for the second quarter of 2015 was $1.1 million, or $0.11 per diluted share, which included a $1.0 million tax benefit from the final reversal of its deferred tax asset (DTA) valuation allowance. Third quarter 2014 earnings were $526,000 or $0.05 per diluted share and incurred a tax expense of $47,000.

Highlands Bankshares to Participate in FIG Partners East Coast Bank CEO Forum
GlobeNewswire - Wed Sep 23, 3:00PM CDT
Highlands Bankshares, Inc. (OTC Pink:HBKA), parent company for Highlands Union Bank announced that San Neese, CEO, and Jim Edmondson, CFO of Highlands Union Bank, will be attending the 11th Annual FIG Partners Bank CEO Forum September 28 - 29, 2015, at the Four Seasons Hotel in Midtown, Atlanta.

Highlands Bankshares Earnings Grow to $1.1 Million in Second Quarter of 2015
GlobeNewswire - Thu Aug 06, 4:13PM CDT
Highlands Bankshares, Inc. (OTC Pink:HBKA), (the "Company" parent company for Highlands Union Bank, (the "Bank", today announced earnings grew to $1.1 million, or $0.11 per diluted share, for the second quarter of 2015, compared to $580,000, or $0.06 per diluted share, for the first quarter of 2015, and $906,000, or $0.10 per diluted share for the second quarter of 2014. Net income for the second quarter included a $1.0 million tax benefit from the final reversal of its deferred tax asset (DTA) valuation allowance, compared to the first quarter of 2015 that incurred a tax expense of $177,000. The second quarter of 2014 also included a tax benefit of $1.2 million primarily from the DTA valuation allowance reversal.

Highlands Bankshares, Inc. Announces 2015 First Quarter Earnings
PR Newswire - Mon May 04, 4:00PM CDT
Highlands Bankshares, Inc. (OTCBB: HBKA) (the "Company" and its wholly-owned banking subsidiary, Highlands Union Bank (the "Bank", today announced consolidated earnings for the quarter ended March 31, 2015 of $580 thousand. Earnings for the first quarter of 2014 totaled $501 thousand.

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