<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
     This schedule contains summary financial information extracted from
Highlands Bankshares, Inc. Form 10QSB and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<MULTIPLIER>                                   1,000

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                              DEC-31-1999
<PERIOD-START>                                 JAN-01-1999
<PERIOD-END>                                   JUN-30-1999
<CASH>                                           4,284
<INT-BEARING-DEPOSITS>                           5,117
<FED-FUNDS-SOLD>                                 7,944
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     31,067
<INVESTMENTS-CARRYING>                           3,456
<INVESTMENTS-MARKET>                             3,496
<LOANS>                                        153,725
<ALLOWANCE>                                     (1,326)
<TOTAL-ASSETS>                                 217,201
<DEPOSITS>                                     190,014
<SHORT-TERM>                                       173
<LIABILITIES-OTHER>                              1,305
<LONG-TERM>                                      2,371
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         2,734
<OTHER-SE>                                      20,604
<TOTAL-LIABILITIES-AND-EQUITY>                 217,201
<INTEREST-LOAN>                                  6,625
<INTEREST-INVEST>                                  990
<INTEREST-OTHER>                                   379
<INTEREST-TOTAL>                                 7,994
<INTEREST-DEPOSIT>                               3,766
<INTEREST-EXPENSE>                               3,834
<INTEREST-INCOME-NET>                            4,160
<LOAN-LOSSES>                                      135
<SECURITIES-GAINS>                                   3
<EXPENSE-OTHER>                                  2,803
<INCOME-PRETAX>                                  1,597
<INCOME-PRE-EXTRAORDINARY>                       1,597
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,041
<EPS-BASIC>                                     2.07
<EPS-DILUTED>                                     2.07
<YIELD-ACTUAL>                                    4.24
<LOANS-NON>                                         35
<LOANS-PAST>                                     1,550
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                 1,355
<CHARGE-OFFS>                                      214
<RECOVERIES>                                        50
<ALLOWANCE-CLOSE>                                1,326
<ALLOWANCE-DOMESTIC>                             1,326
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0



</TABLE>