HIGHLANDS BANKSHARES INC /VA/ company info

CIK 1008579
IRS Number 000000000
State of incorporation VA
Business address 340 W MAIN ST
C/O HIGHLANDS UNION BANK
ABINGDON
VA
24210
Mail address 340 WEST MAIN STREET
C/O HIGHLANDS UNION BANK
ABINGDON
VA
24210

Short summary

HIGHLANDS BANKSHARES INC /VA/ is a Virginia company, with head office located at 340 W Main St Abingdon, Virginia 24210. In 2019 the company owned a total of 575.27 million USD worth of assets. 2010 was the year when the company amassed the most assets.

HIGHLANDS BANKSHARES INC /VA/ Income Statement

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Interest expense 12.549.987.496.095.224.564.183.843.41
Income Tax Expense (Benefit) -2.272.360.22-2.68-0.78-1.21-0.365.690.95
Net income -2.14-6.522.021.482.531.340.01-0.443.59

HIGHLANDS BANKSHARES INC /VA/ Balance Sheet

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Cash and cash equivalents 40.4471.2172.9378.5083.3751.7528.2644.7123.9730.07
Available-for-sale Securities, Current 41.4734.7135.9631.44
Property, Plant and Equipment, Gross 36.3636.6936.5737.4238.713.6737.9438.27
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 14.5715.5116.3817.2018.1318.7719.6120.83
Total assets 634.81599.48598.97605.76610.09602.34616.89584.08611.72575.27
Long-term Debt 14.0613.8847.8347.7847.7247.6740.1730.120.070.05
Total liabilities 603.16569.66566.66554.17555.99546.77560.94529.92551.69513.91
Common Stock, Value, Issued 3.133.133.134.804.915.075.125.125.165.16
Retained Earnings (Accumulated Deficit) 23.8220.4724.1724.3227.1526.6328.4528.0731.7632.61
Accumulated Other Comprehensive Income (Loss), Net of Tax -3.09-1.57-2.78-0.16-0.090.81-0.81-2.44-0.360.11

HIGHLANDS BANKSHARES INC /VA/ Cash Flow

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Net income -2.14-6.522.021.482.531.340.01-0.443.59
Depreciation 1.080.960.880.860.930.971.041.07
Depreciation and amortization 1.311.100.980.900.881.021.871.711.55
Deferred Income Tax Expense (Benefit) 0.280.060.52-0.020.305.690.88
Net Cash Provided by (Used in) Operating Activities 6.116.694.997.993.454.983.963.1913.46
Payments to Acquire Property, Plant, and Equipment 0.170.130.341.000.891.290.371.830.20
Net Cash Provided by (Used in) Investing Activities 33.7927.9320.34-7.97-36.57-25.273.52-4.14-8.17
Proceeds from Issuance of Common Stock 9.4201.1100
Net Cash Provided by (Used in) Financing Activities 12.91-30.69-30.192.774.9311.36-3.99-18.64-6.02
Cash and Cash Equivalents, Period Increase (Decrease) 52.823.92-4.872.79-28.19-8.923.49-19.59-0.73