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.