Highlands Bankshares Inc (West Virginia). Stock Analysis HBSI

Highlands Bankshares, Inc. is a holding company, which engages in the provision of online banking and merchant processing services. The company is headquartered in Petersburg, West Virginia. The firm's subsidiary banks operate approximately 12 banking locations in West Virginia and Virginia and offer credit insurance through its wholly owned subsidiary, HBI Life Insurance Company. The Banks provide services to customers located mainly in Grant, Hardy, Hampshire, Mineral, Pendleton, Randolph and Tucker counties of West Virginia, including the towns of Petersburg, Keyser, Moorefield, Davis and Wardensville through 10 locations and in two locations in Virginia in the county of Frederick and the town of Stephens City. The insurance company sells life and accident coverage exclusively through the Banks. The Banks offer personal checking and savings accounts. The Banks offer business checking and savings accounts. The Banks offer various personal loans, including auto loans, consumer loans, home equity line of credit, and mortgage.