WILSON BANK HOLDING CO
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
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FY2023 · Filed Feb 28, 2024
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EX-13.1 · Credit Quality Indicators
Credit Quality Indicators
The following table presents loan balances classified within each risk rating category by primary loan type and based on year of origination as well as current period gross charge-offs by primary loan type and based on year of origination as of December 31, 2023.
| In Thousands | ||||||||
|---|---|---|---|---|---|---|---|---|
| Revolving | ||||||||
| 2023 | 2022 | 2021 | 2020 | 2019 | Prior | Loans | Total | |
| Residential 1-4 family real estate: | ||||||||
| Pass | $165,655 | 297,535 | 239,035 | 89,563 | 56,092 | 90,119 | 16,585 | 954,584 |
| Special mention | 76 | 859 | 225 | 876 | 137 | 1,558 | — | 3,731 |
| Substandard | — | — | — | — | 128 | 775 | — | 903 |
| Total Residential 1-4 family real estate | $165,731 | 298,394 | 239,260 | 90,439 | 56,357 | 92,452 | 16,585 | 959,218 |
| Residential 1-4 family real estate: | ||||||||
| Current-period gross charge-offs | $— | — | — | — | — | — | — | — |
| Commercial and multi-family real estate: | ||||||||
| Pass | $103,050 | 321,767 | 378,418 | 143,178 | 91,640 | 217,645 | 57,320 | 1,313,018 |
| Special mention | — | — | 155 | — | — | 31 | — | 186 |
| Substandard | — | — | — | — | — | 80 | — | 80 |
| Total Commercial and multi-family real estate | $103,050 | 321,767 | 378,573 | 143,178 | 91,640 | 217,756 | 57,320 | 1,313,284 |
| Commercial and multi-family real estate: | ||||||||
| Current-period gross charge-offs | $— | — | — | — | — | — | — | — |
| Construction, land development and farmland: | ||||||||
| Pass | $231,337 | 306,056 | 99,456 | 26,710 | 7,586 | 10,141 | 219,999 | 901,285 |
| Special mention | — | — | — | — | — | 51 | — | 51 |
| Substandard | — | — | — | — | — | — | — | — |
| Total Construction, land development and farmland | $231,337 | 306,056 | 99,456 | 26,710 | 7,586 | 10,192 | 219,999 | 901,336 |
| Construction, land development and farmland: | ||||||||
| Current-period gross charge-offs | $— | — | — | — | — | — | — | — |
| Commercial, industrial and agricultural: | ||||||||
| Pass | $16,811 | 34,507 | 7,460 | 12,272 | 17,066 | 7,593 | 31,832 | 127,541 |
| Special mention | 93 | 7 | 6 | — | — | — | 12 | 118 |
| Substandard | — | — | — | — | — | — | — | — |
| Total Commercial, industrial and agricultural | $16,904 | 34,514 | 7,466 | 12,272 | 17,066 | 7,593 | 31,844 | 127,659 |
| Commercial, industrial and agricultural: | ||||||||
| Current-period gross charge-offs | $— | 30 | — | — | — | — | — | 30 |
| 1-4 family equity lines of credit: | ||||||||
| Pass | $— | — | — | — | — | — | 202,189 | 202,189 |
| Special mention | — | — | — | — | — | — | 404 | 404 |
| Substandard | — | — | — | — | — | — | 138 | 138 |
| Total 1-4 family equity lines of credit | $— | — | — | — | — | — | 202,731 | 202,731 |
| 1-4 family equity lines of credit: | ||||||||
| Current-period gross charge-offs | $— | — | — | — | — | — | — | — |
| Consumer and other: | ||||||||
| Pass | $27,998 | 15,511 | 5,331 | 14,497 | 4,728 | 6,381 | 29,638 | 104,084 |
| Special mention | 4 | 52 | 57 | 7 | — | — | — | 120 |
| Substandard | 51 | 106 | — | 11 | — | 1 | — | 169 |
| Total Consumer and other | $28,053 | 15,669 | 5,388 | 14,515 | 4,728 | 6,382 | 29,638 | 104,373 |
| Consumer and other: | ||||||||
| Current-period gross charge-offs | $1,843 | 213 | 98 | 22 | — | — | 151 | 2,328 |
The following table presents loan balances classified within each risk rating category based on year of origination as of December 31, 2023.
| In Thousands | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | 2021 | 2020 | 2019 | Prior | Revolving Loans | Total | |
| Pass | $544,851 | 975,376 | 729,700 | 286,220 | 177,112 | 331,879 | 557,563 | 3,602,701 |
| Special mention | 173 | 918 | 443 | 883 | 137 | 1,640 | 416 | 4,610 |
| Substandard | 51 | 106 | — | 11 | 128 | 856 | 138 | 1,290 |
| Total | $545,075 | 976,400 | 730,143 | 287,114 | 177,377 | 334,375 | 558,117 | 3,608,601 |
The following table presents loan balances classified within each risk rating category by primary loan type and based on year of origination as well as current period gross charge-offs by primary loan type and based on year of origination as of December 31, 2022.
| In Thousands | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | 2020 | 2019 | 2018 | Prior | Revolving Loans | Total | |
| Residential 1-4 family real estate: | ||||||||
| Pass | $290,315 | 262,690 | 106,107 | 61,984 | 29,526 | 81,229 | 17,751 | 849,602 |
| Special mention | 245 | 300 | 885 | 62 | 115 | 1,955 | 349 | 3,911 |
| Substandard | — | — | — | 131 | — | 1,326 | — | 1,457 |
| Total Residential 1-4 family real estate | $290,560 | 262,990 | 106,992 | 62,177 | 29,641 | 84,510 | 18,100 | 854,970 |
| Residential 1-4 family real estate: | ||||||||
| Current-period gross charge-offs | $— | — | — | — | — | 8 | — | 8 |
| Commercial and multi-family real estate: | ||||||||
| Pass | $271,403 | 246,265 | 161,326 | 107,908 | 74,494 | 166,267 | 36,342 | 1,064,005 |
| Special mention | — | — | 162 | — | — | 40 | — | 202 |
| Substandard | — | — | — | — | — | 90 | — | 90 |
| Total Commercial and multi- family real estate | $271,403 | 246,265 | 161,488 | 107,908 | 74,494 | 166,397 | 36,342 | 1,064,297 |
| Commercial and multi-family real estate: | ||||||||
| Current-period gross charge-offs | $— | — | — | — | — | — | — | — |
| Construction, land development and farmland: | ||||||||
| Pass | $364,681 | 237,051 | 90,341 | 9,648 | 5,212 | 9,445 | 163,076 | 879,454 |
| Special mention | — | — | — | — | — | 60 | — | 60 |
| Substandard | — | — | — | — | — | 14 | — | 14 |
| Total Construction, land development and farmland | $364,681 | 237,051 | 90,341 | 9,648 | 5,212 | 9,519 | 163,076 | 879,528 |
| Construction, land development and farmland: | ||||||||
| Current-period gross charge-offs | $— | — | — | — | — | 1 | — | 1 |
| Commercial, industrial and agricultural: | ||||||||
| Pass | $39,222 | 10,812 | 15,743 | 20,441 | 5,062 | 4,641 | 28,567 | 124,488 |
| Special mention | 7 | 44 | 17 | — | — | 47 | — | 115 |
| Substandard | — | — | — | — | — | — | — | — |
| Total Commercial, industrial and agricultural | $39,229 | 10,856 | 15,760 | 20,441 | 5,062 | 4,688 | 28,567 | 124,603 |
| Commercial, industrial and agricultural: | ||||||||
| Current-period gross charge-offs | $21 | — | — | — | — | — | — | 21 |
| 1-4 family equity lines of credit: | ||||||||
| Pass | $— | — | — | — | — | — | 150,849 | 150,849 |
| Special mention | — | — | — | — | — | — | 67 | 67 |
| Substandard | — | — | — | — | — | — | 116 | 116 |
| Total 1-4 family equity lines of credit | $— | — | — | — | — | — | 151,032 | 151,032 |
| 1-4 family equity lines of credit: | ||||||||
| Current-period gross charge-offs | $— | — | — | — | — | — | — | — |
| Consumer and other: | ||||||||
| Pass | $28,487 | 11,163 | 18,075 | 5,995 | 345 | 6,757 | 22,166 | 92,988 |
| Special mention | 74 | 130 | 20 | 2 | — | — | — | 226 |
| Substandard | 74 | 19 | 13 | — | 11 | 1 | — | 118 |
| Total Consumer and other | $28,635 | 11,312 | 18,108 | 5,997 | 356 | 6,758 | 22,166 | 93,332 |
| Consumer and other: | ||||||||
| Current-period gross charge-offs | $66 | 74 | 41 | 1 | — | — | 1,345 | 1,527 |
The following table presents loan balances classified within each risk rating category based on year of origination as of December 31, 2022.
| In Thousands | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | 2020 | 2019 | 2018 | Prior | RevolvingLoans | Total | |
| Pass | $994,108 | 767,981 | 391,592 | 205,976 | 114,639 | 268,339 | 418,751 | 3,161,386 |
| Special mention | 326 | 474 | 1,084 | 64 | 115 | 2,102 | 416 | 4,581 |
| Substandard | 74 | 19 | 13 | 131 | 11 | 1,431 | 116 | 1,795 |
| Total | $994,508 | 768,474 | 392,689 | 206,171 | 114,765 | 271,872 | 419,283 | 3,167,762 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.