Attached files

file filename
EX-99 - HIGHLANDS BANKSHARES INC /VA/ex991.htm

 

UNITED STATES

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): February 4, 2009

___________

 

HIGHLANDS BANKSHARES, INC.

(Exact name of registrant as specified in its charter)

        

Virginia

(State or other jurisdiction

of incorporation)

0-27622

(Commission File Number)

54-1796693

(IRS Employer

Identification No.)

 

 

 

340 West Main Street

Abingdon, Virginia  

(Address of principal executive offices)

 

24210-1128

(Zip Code)

 

Registrant’s telephone number, including area code: (276) 628-9181

 

Not Applicable

(Former name or former address, if changed since last report)

 

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:

 

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 


Item 8.01.

Other Events.

 

On February 4, 2010, the Registrant mailed a letter to its shareholders regarding the current economic environment and the Board of Directors’ decision to suspend the Registrant’s cash dividend. The Board of Directors will consider the reinstatement of a cash dividend in July 2010. A copy of letter is being furnished as Exhibit 99.1 to this report and is incorporated by reference into this Item 8.01.

 

Item 9.01.

Financial Statements and Exhibits.

 

 

(d)

Exhibits.

 

 

Exhibit No.

Description

 

 

99.1

Letter to Shareholders.

 

 


SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

HIGHLANDS BANKSHARES, INC.

 

(Registrant)

 

 

Date: February 5, 2010

By:

/s/James R. Edmondson

 

James R. Edmondson

 

Vice President of Accounting

 

 

 


EXHIBIT INDEX

 

 

Exhibit No.

Description

 

 

99.1

Letter to Shareholders.