High signal-to-noise ratio optical spectrophotometry of a sample of fi
eld subluminous B stars drawn largely from the Palomar Green ultraviol
et-excess survey is analyzed with a new grid of model atmospheres and
synthetic spectra. The stellar effective temperatures, surface graviti
es, and photospheric helium abundances are determined simultaneously f
rom a detailed analysis of hydrogen and helium absorption fine profile
s. The derived temperatures and gravities place the subluminous B star
s in the theoretical H-R diagram along and bounded below by theoretica
l sequences of the zero-age extended horizontal branch, lending strong
support to the hypothesis that these stars are composed of helium-bur
ning cores of approximately 0.5 M., overlain by very thin layers of hy
drogen (less-than-or-similar-to 0.02 M.). Various scenarios for their
past evolutionary history are examined in the context of their probabl
e future evolution into white dwarfs of lower than average mass.