Wilson Bank Holding Company - Parent Company Financial Information (Tables)

12 Months Ended

Dec. 31, 2014

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Balance Sheets - Parent Company Only

WILSON BANK HOLDING COMPANY

(Parent Company Only)

Balance Sheets

December 31, 2014 and 2013

	Dollars In Thousands
	2014			2013
ASSETS
Cash	$	1,120	*		2,662	*
Investment in wholly-owned commercial bank subsidiary		199,560			174,836
Refundable income taxes		212			173
Total assets	$	200,892			177,671
LIABILITIES AND STOCKHOLDERS’ EQUITY
Stockholders’ equity:
Common stock, par value $2.00 per share, authorized 15,000,000 shares, 7,571,968 and 7,498,588 shares issued and outstanding, respectively	$	15,144			14,997
Additional paid-in capital		57,709			54,519
Retained earnings		128,718			112,451
Net unrealized losses on available-for-sale securities, net of income taxes of $421 and $2,666, respectively		(679	)		(4,296	)
Total stockholders’ equity		200,892			177,671
Total liabilities and stockholders’ equity	$	200,892			177,671

* Eliminated in consolidation.

Statements of Earnings and Comprehensive Earnings - Parent Company Only

WILSON BANK HOLDING COMPANY

(Parent Company Only)

Statements of Earnings and Comprehensive Earnings

Three Years Ended December 31, 2014

	Dollars In Thousands
	2014			2013			2012
Expenses:
Directors’ fees	$	351			337			319
Other		191			83			88
Loss before Federal income tax benefits and equity in undistributed earnings of commercial bank subsidiaries		(542	)		(420	)		(407	)
Federal income tax benefits		212			173			173
		(330	)		(247	)		(234	)
Equity in undistributed earnings of commercial bank subsidiary		21,107	*		16,116	*		12,382	*
Net earnings		20,777			15,869			12,148
Other comprehensive earnings (losses), net of tax:
Net unrealized gains (losses) on available-for-sale-securities arising during period, net of taxes of $2,454, $4,231 and $1,158, respectively		3,953			(6,820	)		1,867
Reclassification adjustments for net gains included in net earnings, net of taxes of $209, $30 and $100, respectively		(336	)		(48	)		(160	)
Other comprehensive earnings (losses)		3,617			(6,868	)		1,707
Comprehensive earnings	$	24,394			9,001			13,855

* Eliminated in consolidation.

Statements of Changes in Stockholders' Equity - Parent Company Only

WILSON BANK HOLDING COMPANY

(Parent Company Only)

Statements of Changes in Stockholders’ Equity

Three Years Ended December 31, 2014

	Dollars In Thousands
										Net Unrealized
				Additional						Gain (Loss) On
	Common			Paid-In			Retained			Available-For-
	Stock			Capital			Earnings			Sale Securities			Total
Balance December 31, 2011		14,608			46,734			95,141			865			157,348
Cash dividends declared, $.85 per share		—			—			(6,243	)		—			(6,243	)
Issuance of 106,230 shares of stock pursuant to dividend reinvestment plan		212			4,306			—			—			4,518
Issuance of 8,788 shares of stock pursuant to exercise of stock options		18			171			—			—			189
Share based compensation expense		—			31			—			—			31
Net change in fair value of available-for-sale securities during the year, net of taxes of $1,058		—			—			—			1,707			1,707
Net earnings for the year		—			—			12,148			—			12,148
Balance December 31, 2012		14,838			51,242			101,046			2,572			169,698
Cash dividends declared, $.60 per share		—			—			(4,464	)		—			(4,464	)
Issuance of 73,411 shares of stock pursuant to dividend reinvestment plan		147			3,101			—			—			3,248
Issuance of 5,973 shares of stock pursuant to exercise of stock options		12			144			—			—			156
Share based compensation expense		—			32			—			—			32
Net change in fair value of available-for-sale securities during the year, net of taxes of $4,261		—			—			—			(6,868	)		(6,868	)
Net earnings for the year		—			—			15,869			—			15,869
Balance December 31, 2013		14,997			54,519			112,451			(4,296	)		177,671
Cash dividends declared, $.60 per share		—			—			(4,510	)		—			(4,510	)
Issuance of 69,289 shares of stock pursuant to dividend reinvestment plan		139			3,065			—			—			3,204
Issuance of 6,144 shares of stock pursuant to exercise of stock options		12			174			—			—			186
Share based compensation expense		—			41			—			—			41
Net change in fair value of available-for-sale securities during the year, net of taxes of $2,245		—			—			—			3,617			3,617
Repurchase of 2,053 common shares		(4	)		(90	)		—			—			(94	)
Net earnings for the year		—			—			20,777			—			20,777
Balance December 31, 2014	$	15,144			57,709			128,718			(679	)		200,892

Statements of Cash Flows - Parent Company Only

WILSON BANK HOLDING COMPANY

(Parent Company Only)

Statements of Cash Flows

Three Years Ended December 31, 2014

Increase (Decrease) in Cash and Cash Equivalents

	Dollars In Thousands
	2014			2013			2012
Cash flows from operating activities:
Cash paid to suppliers and other	$	(501	)		(388	)		(376	)
Tax benefits received		173			173			170
Net cash used in operating activities		(328	)		(215	)		(206	)
Cash flows from investing activities:
Dividends received from commercial bank subsidiary		—			2,600			1,500
Net cash provided by investing activities		—			2,600			1,500
Cash flows from financing activities:
Dividends paid		(4,510	)		(4,464	)		(6,243	)
Proceeds from sale of stock pursuant to dividend reinvestment		3,204			3,248			4,518
Proceeds from exercise of stock options		186			156			189
Common shares repurchased		(94	)		—			—
Net cash used in financing activities		(1,214	)		(1,060	)		(1,536	)
Net increase (decrease) in cash and cash equivalents		(1,542	)		1,325			(242	)
Cash and cash equivalents at beginning of year		2,662			1,337			1,579
Cash and cash equivalents at end of year	$	1,120			2,662			1,337

	Dollars In Thousands
	2014			2013			2012
Reconciliation of net earnings to net cash used in operating activities:
Net earnings	$	20,777			15,869			12,148
Adjustments to reconcile net earnings to net cash used in operating activities:
Equity in earnings of commercial bank subsidiary		(21,107	)		(16,116	)		(12,382	)
Increase in refundable income taxes		(39	)		—			(3	)
Share based compensation expense		41			32			31
Total adjustments		(21,105	)		(16,084	)		(12,354	)
Net cash used in operating activities	$	(328	)		(215	)		(206	)