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 · Impact of Inflation
Impact of Inflation
Although interest rates are significantly affected by inflation, for the fiscal years ended December 31, 2023, 2022 and 2021, the inflation rate is believed to have had an immaterial impact on the Company’s results of operations. Outside of its potential impact on our customers and their ability to make loan payments, we do not expect such inflation to have a material impact on our operations in 2024 other than any effect it may have on interest rates, though continued elevated levels of inflation could also negatively impact our non-interest expense.
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