# HIGHLANDS COMMUNITY BANK
COVINGTON, VA · FDIC certificate 57420 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $188.9M | |
| Deposits | $167.3M | |
| Loans and leases | $82.4M | |
| Total equity | $20.4M | |
| Loans / deposits | 48.58% (p18 of band) | 73.59% |
| Liquid assets / assets | 51.20% (p79 of band) | |
| Uninsured deposits / deposits | 18.08% (p43 of band) | 19.81% |
| Brokered deposits | 5.36% | |
| Wholesale funding | 5.38% (p74 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 12.63% (p59 of band) | 11.76% |
| Unrealized securities loss / equity | -22.09% (p20 of band) | -6.57% |
| AOCI / equity | -2.25% (p10 of band) | |
| ROA (annualized) | 0.39% (p14 of band) | 1.17% |
| Net interest margin | 3.36% (p24 of band) | 3.93% |
| Efficiency ratio | 87.10% (p87 of band) | |
| Noncurrent loans | 2.51% (p90 of band) | 0.36% |
| Net charge-offs (annualized) | 0.12% (p88 of band) | |
| Reserve coverage of noncurrent | 54.32% | |
| Real estate % of loans | 69% | |
| Construction % of loans | 37.61% (p70 of band) | |
| Auto loans | $8.6M (10.40% of loans; DQ 4.72%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -2.2% | |
| Employees | 32 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 | capital falling | reserve under noncurrent |
| 2011-12 | 0 |  | capital falling |
| 2012-03 | 1 | reserve under noncurrent |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 0 |  | reserve under noncurrent |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 1 | uninsured deposits leaving |  |
| 2014-06 | 0 |  | uninsured deposits leaving |
| 2014-09 | 1 | reserve under noncurrent |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 0 |  | reserve under noncurrent |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | reserve under noncurrent |  |
| 2015-12 | 0 |  | reserve under noncurrent |
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | reserve under noncurrent |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 3 | noncurrent p90, charge-offs p90 |  |
| 2017-03 | 1 |  | noncurrent p90, charge-offs p90 |
| 2017-06 | 2 | charge-offs p90 |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 1 |  | charge-offs p90 |
| 2018-03 | 2 | charge-offs p90 |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 1 |  | charge-offs p90 |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 2 | capital falling |  |
| 2019-12 | 1 |  | capital falling |
| 2020-03 | 1 |  |  |
| 2020-06 | 3 | capital falling, charge-offs p90 |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 2 |  | capital falling |
| 2021-03 | 2 |  |  |
| 2021-06 | 3 | capital falling |  |
| 2021-09 | 2 |  | capital falling |
| 2021-12 | 2 |  |  |
| 2022-03 | 5 | capital falling, AOCI drag >20% of equity, noncurrent p90 |  |
| 2022-06 | 6 | securities losses >30% of equity |  |
| 2022-09 | 4 |  | capital falling, noncurrent p90 |
| 2022-12 | 5 | noncurrent p90 |  |
| 2023-03 | 3 |  | AOCI drag >20% of equity, noncurrent p90 |
| 2023-06 | 3 |  |  |
| 2023-09 | 3 |  |  |
| 2023-12 | 3 |  |  |
| 2024-03 | 3 |  |  |
| 2024-06 | 2 |  | reserve under noncurrent |
| 2024-09 | 1 |  | securities losses >30% of equity |
| 2024-12 | 2 | securities losses >30% of equity |  |
| 2025-03 | 4 | deposits shrinking, assets shrinking |  |
| 2025-06 | 3 | reserve under noncurrent | securities losses >30% of equity, assets shrinking |
| 2025-09 | 4 | assets shrinking |  |
| 2025-12 | 2 |  | charge-offs p90, assets shrinking |
| 2026-03 | 1 |  | deposits shrinking |
| 2026-06 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-09-03 [Georgia Skyline Team Set to Combine with Highlands Community Bank of Covington, Virginia - citybiz](https://news.google.com/rss/articles/CBMixAFBVV95cUxNQlNIQjN5ekw5MXQ3SzZkLWJVN0wydEFlMC0tZGlsbU9vb3ZCQ2dBZFRrWVJKM012N0t6RGFUbTNRVEhDZXVNU3cwdHBGUnZKLVhEdHN3MmVjMVJ4T2ZJY0lmWERvMGNtdWh5bDlNZHJXemtTcWI3ZDQ3VVZiSkhDbHhCRDFvNTNkeXNtRWtHUVBUVTlOZXBQdEp1d3ZuVzBWYlJuaFhJSDFNSHU1MExBSnVnS0E0MzNsSlZoOVpxNXFQSkcz?oc=5) · citybiz
- 2026-09-04 [Georgia investors evolve their plan for starting a new bank - American Banker](https://news.google.com/rss/articles/CBMimwFBVV95cUxNLTVjLVh6d1lndlJVcVYxTnM4d0VFSllnLUdneDZrdTZGZnNLTzNhdHJnaXZzXzdsRUpNaFVhYTdRZkozdktnME5aRmVBOHU3NXF1THlKVG1WSC04MFBFN2FYQTAwRE00Rm1HdGJ2ck5OeVRaM2Q2dWpJem5WNFQxZ3R0SmluVFcxMDV3aFJheWdnbWlsYVJXeDRUbw?oc=5) · American Banker
- 2024-01-25 [Bank welcomes new president - The Recorder Online](https://news.google.com/rss/articles/CBMie0FVX3lxTE1hM3pHTnViZFJSSnFyN0pmLVFzeDVqamZBQkpRQkYyakZLNzllNGJlZ2h4YTlTV3RUVzI2MFV3SnVOR2EwZHQyUktRNzM1LWFQQXl3eDgtaXdETlFCQVFNMXZodUZLTVBGTmtWSGhWQWJnaC1vR283VTREUQ?oc=5) · The Recorder Online
- 2026-09-08 [Georgia de novo opts to recapitalize Virginia bank - Yahoo Finance](https://news.google.com/rss/articles/CBMipwFBVV95cUxOd1h6T0VVTFJlTUNIdS02ZEo4bnpOamRMS191T1RzcWdFY19KQkRyRm84RldDdzQ0ZGNKazI4d01aVnFjSGZaREpJc2F3a253ZWk2ODFzMlFtUWdXR1lrMU5yVHh2MV9nU2YwOGp6V2ZVX1F4Q3NyOFd3UXRWMU41bzBwano4el9kNGU4N2hHR05oSDA5QkItQVRid0p3ak81V3l1OFptdw?oc=5) · Yahoo Finance
- 2024-12-25 [Obituary: RUSTY CRANCE - thenews-gazette.com](https://news.google.com/rss/articles/CBMibEFVX3lxTE9nNkw2Y1J1cTIzeUhqN2duMm9TMDgyajlhT294a2wtTnUtbTI3eTZGZlJ4a0RfMUdZd1VHVlREbzl2bG5KUV90VU1jcHBYNFRlX01GQmlEdTRZa0RuN0hRaVRMYXVIN0lZT0dnSg?oc=5) · thenews-gazette.com
- 2026-03-24 [Michael Haven Persinger Obituary (2026) - Covington, VA - Arritt Funeral Home - legacy.com](https://news.google.com/rss/articles/CBMihwFBVV95cUxQYUlHY3JQX2Q1NE01Skc2dFBVNXNEeFlkME82UTRLZG00ekZZVnVPaW1kOHo0dnJCTGlaN18wMnZRVzdiR0dMZ200MEZGVlYyZjBPTWpFeDlPaFk3Nm1RV3V0S3VqVG9UUWtGUGZwa1dGS2JLQWtPeVQtNnpWSFFxRnRPSTZEaG8?oc=5) · legacy.com
- 2020-02-24 [More than $48,000 raised for Covington boy battling rare skin disorder - WSLS](https://news.google.com/rss/articles/CBMi7wFBVV95cUxNdDhfczVDWVZkSndzSGNoUk9YeGZnTjZleWVNQmdjN3lnZHcwdGsxMmxVanA0ZFVxeVlNNFhSSHQ0Sy00c0RRZEpTZnZzU0VWWXR0RGY3QW92VnB4UDBiQW9vSlA1a0I0cjRMUFljVDdGU3J0ZUpHRnZ2Q01kT01xSVN1Q3hjWGpIMzhTQ3JUYmo4b3B6MVlhN19iT0lGa2NzdWJWblZfVU0zVkhDc3pmLXlmR1NpZmpNQ1VCNUFTRDE0emMwcHJmOGE3TnpmV3NIM1NkbHhxNm02RTZFZXhmZF9ibzBya0duYzVMNl9MSQ?oc=5) · WSLS
- 2024-12-20 [Obituary: RUSTY CRANCE - thenews-gazette.com](https://news.google.com/rss/articles/CBMibEFVX3lxTE5FM3RseWFYdFVUZS10T2x1S2dBVU1sOVhYUVp0ZGlKbG51Q0tyVnZjc1d6dlJOMkZPUjBxOHotSnplbm5DdVlIeTJDQTJhdmJQdlJDME9Fc2VhQUxTRXM2MDhRNF9QWXBKNWFOUg?oc=5) · thenews-gazette.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57420 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/12.json (key "57420", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide