Wilson Bank Holding Company was incorporated on March 17, 1992 under the laws
of the State of Tennessee. The purpose of the Company was to acquire all of the
issued and outstanding capital stock of Wilson Bank and Trust (the “Bank”)
and act as a one-bank holding company. On November 17, 1992, the Company acquired
100% of the capital stock of the Bank pursuant to the terms of an agreement and
plan of share exchange.
All of the Company’s banking business is conducted through the Bank,
a state chartered bank organized under the laws of the State of Tennessee. The
Bank, had eleven full service banking offices located in Wilson County, Tennessee,
one full service banking facility in Trousdale County, Tennessee, two full service
banking offices in eastern Davidson County, Tennessee, four full service banking
offices located in Rutherford County, Tennessee, two full service banking offices
in DeKalb County, Tennessee, two full service banking offices in Smith County,
Tennessee, two full service banking office in Sumner County, Tennessee and one
full service banking office in Putnam County, Tennessee.
Prior to March 31, 2005, the Company owned a 50% interest in DeKalb Community
Bank and Community Bank of Smith County. On March 31, 2005, the Company acquired
the minority interest in the subsidiaries when the two subsidiaries were merged
into the Bank with the shareholders of these subsidiaries, other than the Company,
receiving shares of the Company’s common stock in exchange for their shares
of common stock in the subsidiaries. Prior to March 31, 2005, these two 50%
owned subsidiaries were included in the consolidated financial statements.
The Company’s principal executive office is located at 623 West Main
Street, Lebanon, Tennessee, which is also the principal location of the Bank.
The Bank’s branch offices are located at 1444 Baddour Parkway, Lebanon,
Tennessee; 200 Tennessee Boulevard, Lebanon, Tennessee; 402 Public Square, Watertown,
Tennessee; 8875 Stewart’s Ferry Pike, Gladeville, Tennessee; 1476 North
Mt. Juliet Road, Mt. Juliet, Tennessee; 11835 Highway 70, Mt. Juliet, Tennessee;
127 McMurry Boulevard, Hartsville, Tennessee; 1130 Castle Heights Avenue North,
Lebanon, Tennessee; the Wal-Mart Super Center, Lebanon, Tennessee; 440 Highway
109 North, Lebanon, Tennessee; 1436 West Main Street, Lebanon, Tennessee; 709
South Mt. Juliet Road, Mt. Juliet, Tennessee 37122; 4736 Andrew Jackson Parkway
in Hermitage, Tennessee; 217 Donelson Pike, Nashville, Tennessee; 710 NW Broad
St, Murfreesboro, Tennessee; 3110 Memorial Blvd, Murfreesboro, Tennessee; 210
Commerce Drive, Smyrna, Tennessee; 2640 South Church Street, Murfreesboro, Tennessee;
576 West Broad Street, Smithville, Tennessee; 306 Brush Creek Road, Alexandria,
Tennessee; 1300 Main Street North, Carthage, Tennessee; 7 New Middleton Highway,
Gordonsville, Tennessee; 455 West Main Street, Gallatin, Tennessee; 175 East
Main Street, Hendersonville, Tennessee and 320 South Jefferson Avenue, Cookeville,
Tennessee. Management believes that Wilson County, Trousdale County, Davidson
County, Rutherford County, DeKalb County, Smith County, Sumner County, and Putnam
County offer an environment for continued banking growth in the Company’s
target market, which consists of local consumers, professionals and small businesses.
The Bank offers a wide range of banking services, including checking, savings,
and money market deposit accounts, certificates of deposit and loans for consumer,
commercial and real estate purposes. The Bank also offers custodial, trust and
discount brokerage services to its customers. The Bank does not have a concentration
of deposits obtained from a single person or entity or a small group of persons
or entities, the loss of which would have a material adverse effect on the business
of the Bank.
The Bank was organized in 1987 to provide Wilson County with a locally-owned,
locally-managed commercial bank. Since its opening, the Bank has experienced
a steady growth in deposits and loans as a result of providing personal, service-oriented
banking services to its targeted market.
%
2.23%