**Wilson Bank Holding Co. Reports Strong Earnings Growth in 2025**
Wilson Bank Holding Company (WBHC) announced net earnings of $75.7 million for the year ended December 31, 2025, a 33.9% increase compared to $56.5 million in 2024. This translates to basic earnings per share of $6.28 and diluted earnings per share of $6.26, up from $4.79 and $4.78, respectively, in the previous year. The company attributes this growth to an increase in net interest income before provision for credit losses, driven by higher average interest-earning asset balances and yields, coupled with a decrease in the cost of funds. Total assets reached $5.88 billion at year-end, compared to $5.36 billion the prior year.
The company's net interest income for 2025 was $195.6 million, compared to $157.3 million in 2024. The net interest margin increased to 3.69% from 3.30% during the same period. WBHC's loan portfolio, net of the allowance for credit losses, grew by 6.3% to $4.30 billion. The company's deposit base also expanded, reaching $5.24 billion, an 8.6% increase from the previous year. The provision for credit losses on loans increased to $7.1 million, while the provision for credit losses on off-balance sheet exposures resulted in a benefit of $215,000.
Strategic developments during the year included the sale of the Bank's 51% membership interest in Encompass Home Lending, LLC, effective June 1, 2025. Additionally, the Bank acquired a branch office in Cookeville, Tennessee, in April 2025, adding approximately $14.1 million in loans and $25.3 million in deposits. The company also opened a loan production office in Nolensville, Tennessee, in July 2025. As of February 25, 2026, the company employed 635 full-time equivalent employees across its 32 full-service banking offices and one loan production office, located in various counties throughout middle Tennessee.
Looking ahead, the company's Board of Directors authorized an $8.0 million share repurchase program, effective through March 31, 2027. As of the filing date, 350 shares had been repurchased under the current program at an average price of $80.45. The company also declared cash dividends of $2.25 per share in 2025, compared to $1.75 per share in 2024. The company's ability to declare and pay dividends is subject to regulatory limitations and the Board's discretion, considering factors such as profitability, capital needs, and overall financial condition.
About WILSON BANK HOLDING CO
Wilson Bank Holding Company is a Tennessee-based bank holding company that operates Wilson Bank and Trust, offering a full range of banking services including personal, commercial, and real estate loans, deposit accounts, mortgage origination, and investment services. It serves local communities in middle Tennessee, emphasizing relationship banking, community development, and regulatory compliance within a highly regulated financial environment.
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