Note 22 - Wilson Bank Holding Company - Parent Company Financial Information (Tables)

12 Months Ended

Dec. 31, 2019

Notes Tables

Condensed Balance Sheet [Table Text Block]

	Dollars In Thousands
	2019			2018
ASSETS
Cash	$	1,899	*		2,759		*
Investment in wholly-owned commercial bank subsidiary		335,915			293,420
Deferred income taxes		625			469
Refundable income taxes		132			177
Total assets	$	338,571			296,825
LIABILITIES AND STOCKHOLDERS’ EQUITY
Stock appreciation rights payable	$	1,587			1,158
Total liabilities		1,587			1,158
Stockholders’ equity:
Common stock, par value $2.00 per share, authorized 50,000,000 shares, 10,792,999 and 10,623,810 shares issued and outstanding, respectively		21,586			21,248
Additional paid-in capital		82,249			73,960
Retained earnings		232,456			208,164
Net unrealized gains (losses) on available-for-sale securities, net of income taxes of $245 and $2,726, respectively		693			(7,705	)
Total stockholders’ equity		336,984			295,667
Total liabilities and stockholders’ equity	$	338,571			296,825

Condensed Income Statement [Table Text Block]

	Dollars In Thousands
	2019			2018			2017
Income:
Dividends from commercial bank subsidiary	$	2,800			3,000			1,500
Expenses:
Directors’ fees		283			254			334
Other		885			1,351			805
		1,168			1,605			1,139
Income before Federal income tax benefits and equity in undistributed earnings of commercial bank subsidiary		1,632			1,395			361
Federal income tax benefits		287			468			359
		1,919			1,863			720
Equity in undistributed earnings of commercial bank subsidiary		34,125	*		30,731	*		22,806	*
Net earnings	$	36,044			32,594			23,526

Condensed Cash Flow Statement [Table Text Block]

	Dollars In Thousands
	2019			2018			2017
Cash flows from operating activities:
Cash paid to suppliers and other	$	(383	)		(367	)		(447	)
Tax benefits received		177			181			169
Net cash used in operating activities		(206	)		(186	)		(278	)
Cash flows from investing activities:
Dividends received from commercial bank subsidiary		2,800			3,000			1,500
Net cash provided by investing activities		2,800			3,000			1,500
Cash flows from financing activities:
Payments made to stock appreciation rights holders		(9	)		(61	)		—
Dividends paid		(11,725	)		(9,447	)		(6,729	)
Proceeds from sale of stock pursuant to dividend reinvestment plan		9,134			7,470			5,266
Proceeds from exercise of stock options		775			394			152
Repurchase of common stock		(1,629	)		—			—
Net cash used in financing activities		(3,454	)		(1,644	)		(1,311	)
Net increase (decrease) in cash and cash equivalents		(860	)		1,170			(89	)
Cash and cash equivalents at beginning of year		2,759			1,589			1,678
Cash and cash equivalents at end of year	$	1,899			2,759			1,589

	Dollars in Thousands
	2019			2018			2017
Reconciliation of net earnings to net cash used in operating activities:
Net earnings	$	36,044			32,594			23,526
Adjustments to reconcile net earnings to net cash used in operating activities:
Equity in earnings of commercial bank subsidiary		(36,925	)		(33,731	)		(24,306	)
Decrease (increase) in refundable income taxes		45			5			(12	)
Increase in deferred taxes		(156	)		(291	)		(178	)
Share based compensation expense		786			1,237			692
Total adjustments		(36,250	)		(32,780	)		(23,804	)
Net cash used in operating activities	$	(206	)		(186	)		(278	)