Wilson Bank Holding Co. Files Definitive Proxy Statement

TL;DR

<b>Wilson Bank Holding Co. has filed its Definitive Proxy Statement (DEF 14A) on March 22, 2024.</b>

AI Summary

WILSON BANK HOLDING CO (WBHC) filed a Proxy Statement (DEF 14A) with the SEC on March 22, 2024. Filing type: DEF 14A (Definitive Proxy Statement). Filed by: WILSON BANK HOLDING CO (WBHC). Filing date: 2024-03-22. Reporting period: 2024-03-22. Incorporation state: TN.

Why It Matters

For investors and stakeholders tracking WILSON BANK HOLDING CO, this filing contains several important signals. This filing is a standard regulatory requirement for public companies to provide shareholders with information before annual meetings, including details on executive compensation, board nominations, and voting matters. Investors and analysts will review this document to understand the company's governance, executive pay structures, and any proposals being put forth for shareholder approval.

Risk Assessment

Risk Level: low — WILSON BANK HOLDING CO shows low risk based on this filing. The filing is a routine proxy statement and does not contain new financial performance data or significant strategic changes, indicating a low level of immediate risk.

Analyst Insight

Monitor future filings for details on executive compensation, board composition, and shareholder proposals that may impact company strategy or governance.

Key Numbers

• 2024-03-22 — Filing Date (Date the DEF 14A was filed.)
• 2024-03-22 — Period of Report (The period the filing pertains to.)
• 000-20402 — SEC File Number (The SEC's file number for the company.)
• 621497076 — IRS Number (Company's IRS identification number.)

Key Players & Entities

• WILSON BANK HOLDING CO (company) — Filer name
• WBHC (company) — Ticker symbol
• DEF 14A (document) — Form type
• 2024-03-22 (date) — Filing date
• TN (location) — State of incorporation
• 6021 (industry_code) — Standard Industrial Classification for National Commercial Banks

FAQ

Industry Context

Wilson Bank Holding Co. operates within the National Commercial Banks sector (SIC 6021).

Regulatory Implications

This filing is made under the Securities Exchange Act of 1934, requiring public companies to disclose information to shareholders.

What Investors Should Do

1. Review the full DEF 14A filing for specific details on executive compensation packages.
2. Analyze any shareholder proposals or director nominations presented in the filing.
3. Note the company's fiscal year end (12/31) for context on financial reporting cycles.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure. No comparative data from a previous filing is directly presented in this extract.

Filing Documents

• ck0000885275-20240321.htm (DEF 14A) — 1319KB
• img107700076_0.jpg (GRAPHIC) — 5KB
• img107700076_1.jpg (GRAPHIC) — 6KB
• img107700076_2.jpg (GRAPHIC) — 10KB
• img107700076_3.jpg (GRAPHIC) — 136KB
• img107700076_4.jpg (GRAPHIC) — 142KB
• img107700076_5.jpg (GRAPHIC) — 134KB
• img107700076_6.jpg (GRAPHIC) — 10KB
• 0000950170-24-035137.txt (&nbsp;) — 3376KB
• ck0000885275-20240321.xsd (EX-101.SCH) — 76KB
• ck0000885275-20240321_htm.xml (XML) — 392KB

From the Filing

DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 WILSON BANK HOLDING COMPANY (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 March 22, 202 4 Dear Shareholder, The year 2023 presented challenges for many in the banking industry. Fortunately, in our case, these same challenges also provided opportunities to deepen relationships with many of our customers as well as seek new clients in the markets we serve. Our focus remains on being a stable, reliable bank for our shareholders, customers, employees and communities. To us that means being consistent in our aim to provide solid returns and add value in the marketplace. One of the greatest ways we were able to do that in 2023 was by providing capital through loans to fund well-thought-out projects and small businesses needs as well as purchases or improvements to homes. We were blessed to be able to fund this growth by growing our deposit base. All of this supports our mission of growing and serving our communities in good times and difficult ones as we strive to be the very best at what we do, community banking. I am excited to release the 2023 annual report. I think you will be pleased with the solid performance and financial stability upon which the bank is built. Behind the cover you will find a financial update, along with a few stories illustrating the impact our customers and employees are having within the organization as well as the communities at large. In addition to our annual report, a proxy statement and shareholder voting sheet for our annual meeting are enclosed. For your convenience, voting can be done in advance of the meeting by returning your completed voting sheet by mail or voting online. Instructions for casting your vote online are included with this letter. If you need assistance, please contact us at (615) 443-5900. Our 2024 annual meeting will take place Thursday, April 25, 2024 at 5 p.m. at the Clemons-Richerson Operations Center, located at 105 North Castle Heights Avenue, Lebanon, TN 37087. We are excited to have the opportunity to meet with you again this year. As always, we encourage you to vote your shares ahead of time. Thank you for your continued support of Wilson Bank & Trust and its mission as an independent, community-focused institution. Sincerely, WILSON BANK HOLDING COMPANY John McDearman, III Randall Clemons President/CEO Chairman WILSON BANK HOLDING COMPANY LEBANON, TENNESSEE NOTICE OF ANNUAL MEETING OF SHAREHOLDERS To the Shareholders of Wilson Bank Holding Company: The Annual Meeting of Shareholders (the "Annual Meeting") of Wilson Bank Holding Company (the "Company") will be held on Thursday, April 25, 2024 at 5:00. p.m. (CDT) at the Clemons-Richerson Operations Center of the Company, located at 105 North Castle Heights Avenue, Lebanon, TN 37087, for the following purposes: (1) To elect three (3) Class II directors to hold office for a term of three (3) years and one (1) Class I director to hold office for a term of two (2) years, and in each case until their successors are duly elected and qualified; (2) To ratify the appointment of Maggart & Associates, P.C. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024; (3) To transact such other business as may properly come before the Annual Meeting or any adjournment(s) thereof. Only shareholders of record at the close of business on March 1, 2024 are entitled to notice of and to vote at the Annual Meeting or any adjournment(s) thereof. Your attention is directed to the Proxy Statement accompanying this Notice for a more complete statement regarding the matters proposed to be acted upon at the Annual Meeting. By Order of the Board of Directors, Kayla N. Hawkins, Secretary March 22, 2024 YOUR REPRESENTATION AT THE ANNUAL MEETING IS IMPORTANT. TO ENSURE YOUR REPRESENTATION, WHETHER OR NOT YOU PLAN TO ATTEND THE ANNUAL MEETING, PLEASE VOTE AND SUBMIT YOUR PROXY. YOU MAY VOTE BY EITHER (I) COMPLETING, DATING, SIGNING AND RETURNING THE ENCLOSED PROXY CARD OR (II) IF YOU HAVE ACCESS TO THE COMPANY'S SHAREHOLDER PORTAL, BY VOTING VIA THE PORTAL. SHOULD YOU SUBSEQUENTLY DESIRE TO REVOKE YOUR PROXY, YOU MAY DO

View Full Filing

View this DEF 14A filing on SEC EDGAR