<TABLE> <S> <C>


<ARTICLE>                                            9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM HIGHLANDS
BANKSHARES, INC. FORM 10KSB AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK>                         0000756862
<NAME>                        HIGHLANDS BANKSHARES, INC.
<MULTIPLIER>                                   1,000

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                              DEC-31-1999
<PERIOD-START>                                 JAN-01-1999
<PERIOD-END>                                   DEC-31-1999
<CASH>                                         7,312
<INT-BEARING-DEPOSITS>                         2,436
<FED-FUNDS-SOLD>                               2,703
<TRADING-ASSETS>                                   0
<INVESTMENTS-HELD-FOR-SALE>                   26,638
<INVESTMENTS-CARRYING>                         3,177
<INVESTMENTS-MARKET>                           3,176
<LOANS>                                      166,614
<ALLOWANCE>                                   (1,318)
<TOTAL-ASSETS>                               220,481
<DEPOSITS>                                   192,345
<SHORT-TERM>                                     224
<LIABILITIES-OTHER>                            1,344
<LONG-TERM>                                    2,344
<PREFERRED-MANDATORY>                              0
<PREFERRED>                                        0
<COMMON>                                       2,734
<OTHER-SE>                                    21,490
<TOTAL-LIABILITIES-AND-EQUITY>               220,481
<INTEREST-LOAN>                               13,664
<INTEREST-INVEST>                              1,926
<INTEREST-OTHER>                                 653
<INTEREST-TOTAL>                              16,243
<INTEREST-DEPOSIT>                             7,524
<INTEREST-EXPENSE>                             7,663
<INTEREST-INCOME-NET>                          8,580
<LOAN-LOSSES>                                    320
<SECURITIES-GAINS>                               (64)
<EXPENSE-OTHER>                                5,912
<INCOME-PRETAX>                                3,375
<INCOME-PRE-EXTRAORDINARY>                     2,325
<EXTRAORDINARY>                                    0
<CHANGES>                                          0
<NET-INCOME>                                   2,325
<EPS-BASIC>                                     4.63
<EPS-DILUTED>                                   4.63
<YIELD-ACTUAL>                                  4.35
<LOANS-NON>                                      194
<LOANS-PAST>                                   1,694
<LOANS-TROUBLED>                                   0
<LOANS-PROBLEM>                                    0
<ALLOWANCE-OPEN>                               1,355
<CHARGE-OFFS>                                    448
<RECOVERIES>                                      91
<ALLOWANCE-CLOSE>                              1,318
<ALLOWANCE-DOMESTIC>                           1,318
<ALLOWANCE-FOREIGN>                                0
<ALLOWANCE-UNALLOCATED>                            0


</TABLE>