SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 9, 2006
HIGHLANDS BANKSHARES, INC.
(Exact name of registrant as specified in its charter)
| | West Virginia | | 0-16761 | | 55-0650793 | |
| | (State or other jurisdiction of | | (Commission File Number) | | (I.R.S. Employer | |
| | incorporation or organization) | | | | Identification No.) | |
| | | | | | | |
| | | | | | | |
| | P. O. Box 929 | | | | | |
| | Petersburg, West Virginia | | | | 26847 | |
| | (Address of principal executive offices) | | | | (Zip Code) | |
Registrant's telephone number, including area code (304) 257-4111
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ___ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ___ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ___ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ___ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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Item 8 Other Events
The Board of Directors of Highlands Bankshares, Inc, at its regularly scheduled meeting held May 9, 2006 declared a dividend of 23 cents per share. This dividend is payable on June 30, 2006 to shareholders of record June 5, 2006.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | HIGHLANDS BANKSHARES, INC. | |
| | (Registrant) | |
| | | |
| | /s/ R. ALAN MILLER | |
| | R. Alan Miller | |
| | Finance Officer | |
| May 9, 2006 | | |
