<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>                   9-MOS
<FISCAL-YEAR-END>                              DEC-31-1999
<PERIOD-START>                                 JAN-01-1999
<PERIOD-END>                                   SEP-30-1999
<CASH>                                           5,123
<INT-BEARING-DEPOSITS>                           3,544
<FED-FUNDS-SOLD>                                 6,411
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     27,292
<INVESTMENTS-CARRYING>                           3,238
<INVESTMENTS-MARKET>                             3,263
<LOANS>                                        160,449
<ALLOWANCE>                                     (1,307)
<TOTAL-ASSETS>                                 217,185
<DEPOSITS>                                     189,523
<SHORT-TERM>                                       178
<LIABILITIES-OTHER>                              1,368
<LONG-TERM>                                      2,390
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         2,734
<OTHER-SE>                                      20,992
<TOTAL-LIABILITIES-AND-EQUITY>                 217,185
<INTEREST-LOAN>                                 10,096
<INTEREST-INVEST>                                1,476
<INTEREST-OTHER>                                   512
<INTEREST-TOTAL>                                12,084
<INTEREST-DEPOSIT>                               5,638
<INTEREST-EXPENSE>                               5,742
<INTEREST-INCOME-NET>                            6,342
<LOAN-LOSSES>                                      220
<SECURITIES-GAINS>                                   4
<EXPENSE-OTHER>                                  4,260
<INCOME-PRETAX>                                  2,462
<INCOME-PRE-EXTRAORDINARY>                       1,621
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,621
<EPS-BASIC>                                     3.23
<EPS-DILUTED>                                     3.23
<YIELD-ACTUAL>                                    4.28
<LOANS-NON>                                         66
<LOANS-PAST>                                     1,209
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                 1,355
<CHARGE-OFFS>                                      220
<RECOVERIES>                                        72
<ALLOWANCE-CLOSE>                                1,307
<ALLOWANCE-DOMESTIC>                             1,307
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0



</TABLE>