secwatch.observer — SEC 8-K summary
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Issuer:     WILSON BANK HOLDING CO (WBHC)
CIK:        0000885275
Form:       8-K
Filed at:   2022-10-19T23:59:59+00:00
Accession:  0001437749-22-024382
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wilson Bank reports 9-month net income $40.7M, EPS $3.58; equity down 17.2% on unrealized losses
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- Net income for nine months ended Sep 30, 2022: $40.7M, up 14.25% YoY from $35.6M; diluted EPS $3.58 vs $3.20.
- Assets $4.13B, up 3.53% from Dec 2021; shareholder equity $342.6M, down 17.2% due to $115.2M unrealized losses.
- Loan growth strong early Q3 but slowed in September due to rising rates; net interest margin likely to reverse trend.
- Expanding into Chattanooga market: hired three commercial bankers (Kathryn Gann, Ami Ingle, Elise O'Brien).
- Allowance for loan losses at 1.26% of loans; bank does not anticipate needing to sell investments at a loss.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885275/000143774922024382/0001437749-22-024382-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885275/000143774922024382/wbhc20221018b_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-024382

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