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

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                              DEC-31-2000
<PERIOD-START>                                 JAN-01-2000
<PERIOD-END>                                   MAR-31-2000
<CASH>                                          5,043
<INT-BEARING-DEPOSITS>                          3,461
<FED-FUNDS-SOLD>                                5,296
<TRADING-ASSETS>                                    0
<INVESTMENTS-HELD-FOR-SALE>                    26,776
<INVESTMENTS-CARRYING>                          3,019
<INVESTMENTS-MARKET>                            2,997
<LOANS>                                       167,629
<ALLOWANCE>                                    (1,389)
<TOTAL-ASSETS>                                222,867
<DEPOSITS>                                    194,006
<SHORT-TERM>                                      183
<LIABILITIES-OTHER>                             1,826
<LONG-TERM>                                     2,297
<PREFERRED-MANDATORY>                               0
<PREFERRED>                                         0
<COMMON>                                        2,734
<OTHER-SE>                                     21,821
<TOTAL-LIABILITIES-AND-EQUITY>                222,867
<INTEREST-LOAN>                                 3,633
<INTEREST-INVEST>                                 454
<INTEREST-OTHER>                                   93
<INTEREST-TOTAL>                                4,180
<INTEREST-DEPOSIT>                              1,925
<INTEREST-EXPENSE>                              1,960
<INTEREST-INCOME-NET>                           2,220
<LOAN-LOSSES>                                     120
<SECURITIES-GAINS>                                  0
<EXPENSE-OTHER>                                 1,571
<INCOME-PRETAX>                                   808
<INCOME-PRE-EXTRAORDINARY>                        538
<EXTRAORDINARY>                                     0
<CHANGES>                                           0
<NET-INCOME>                                      538
<EPS-BASIC>                                      1.07
<EPS-DILUTED>                                    1.07
<YIELD-ACTUAL>                                   4.41
<LOANS-NON>                                       214
<LOANS-PAST>                                      314
<LOANS-TROUBLED>                                    0
<LOANS-PROBLEM>                                     0
<ALLOWANCE-OPEN>                                1,318
<CHARGE-OFFS>                                      87
<RECOVERIES>                                       38
<ALLOWANCE-CLOSE>                               1,389
<ALLOWANCE-DOMESTIC>                            1,389
<ALLOWANCE-FOREIGN>                                 0
<ALLOWANCE-UNALLOCATED>                             0