Highlands Bankshares in Abingdon, Va., has elected a new chairman and president.

The $606 million-asset company disclosed in a regulatory filing that James Moore Jr. had become its chairman, succeeding James Morefield, who recently died.

Charles Olinger succeeded Moore as the company's president. Ollinger, a Highlands' director since 1995, is a principal partner at Blackley, Olinger & Associates in Bristol, Tenn.

The company also disclosed that Samuel Neese, its chief executive, had become president of its unit, Highlands Union Bank.

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