Highlands Bankshares Inc. announced earnings results for the year ended December 31, 2015. The company posted year ended 2015 earnings of $3,331,000 or $2.49 per share of common stock outstanding (EPS), compared to $3,307,000 or $2.47 EPS for the same period of 2014. Net interest income, on a fully taxable equivalent basis increased $298,000 during 2015 as compared to the same period in 2014, as a result of the changes in average rates earned on assets and paid on interest bearing liabilities and the changes in the relative mix of earning assets and interest bearing liabilities.

Return on average assets (ROAA) remained unchanged at 0.85% for the years ended 2015 and 2014. Return on average equity (ROAE) decreased to 7.00% at December 31, 2015, as compared to 7.05% at December 31, 2014.