A method and apparatus for storing, processing and reconstructing full resolution image out of sub band encoded images are provided. The method of rendering high resolution images based on sub-band encoded data of an image includes steps of performing downscaling of a selected image, creating a time-stamped downscaled image, extracting sub-band information associated with the selected image at one instance in time, compressing the downscaled image and the sub-band information, and decompressing and adding the sub-band information with extrapolated downscaled image to reconstruct and render high resolution image.