HIGHLANDS BANKSHARES, INC. (OTCMKTS:HLND) Files An 8-K Results of Operations and Financial Condition

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HIGHLANDS BANKSHARES, INC. (OTCMKTS:HLND) Files An 8-K Results of Operations and Financial Condition

HIGHLANDS BANKSHARES, INC. (OTCMKTS:HLND) Files An 8-K Results of Operations and Financial Condition
Item 2.02.Results of Operations and Financial Condition.

On February 8, 2019, Highlands Bankshares, Inc. (the “Company”) issued a press release reporting its financial results for the period ended December 31, 2018. A copy of the press release is being furnished as Exhibit 99.1 to this report and is incorporated by reference into this Item 2.02.

Item 8.01.Other Events

The information set forth in Item 2.02 of this Current Report on Form 8-K is incorporated herein by reference.

None of the information furnished in Item 2.02, Item 8.01 or Exhibit 99.1 hereto shall be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended. Unless expressly set forth by specific reference in such filings, none of the information furnished in this report shall be incorporated by reference in any filing under the Securities Act of 1933, as amended, whether made before or after the date hereof and regardless of any general incorporation language in such filings.

Item 9.01.Financial Statements and Exhibits.

(d)Exhibits

Exhibit No.Description of Exhibit

99.1Press release dated February 8, 2019

HIGHLANDS BANKSHARES INC /VA/ Exhibit
EX-99.1 2 exhibit991-4qearningsrelea.htm EXHIBIT 99.1 Exhibit Highlands Bankshares,…
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About HIGHLANDS BANKSHARES, INC. (OTCMKTS:HLND)

Highlands Bankshares, Inc. is a bank holding company. The Company conducts its business operations through its bank subsidiary, Highlands Union Bank (the Bank). The Bank operates a commercial banking business, which offers general retail and commercial banking services to individuals, businesses and local government unit customers. The Bank’s products and services include accepting deposits in the form of checking accounts, money market deposit accounts, interest-bearing demand deposit accounts, savings accounts and time deposits; making residential one- to four-family loans, owner occupied and non-owner occupied commercial real estate loans, second mortgages and equity lines, consumer loans, commercial and industrial loans, credit cards and agricultural loans; offering letters of credit; providing other consumer financial services, such as automatic funds transfer, collections, safe deposit, travelers checks and savings bond sales, and providing other miscellaneous services.