Banks and bank holding companies are subject to regulatory capital requirements administered by federal banking agencies. Capital adequacy guidelines and, additionally for banks, prompt corrective action regulations, involve quantitative measures of assets, liabilities, and certain off-balance-sheet items calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgments by regulators. Failure to meet capital requirements can initiate regulatory action. The net unrealized gain or loss on available for sale securities is not included in computing regulatory capital. Management believes as of June 30, 2025, the Bank and the Company meet all capital adequacy requirements to which they are subject.

Prompt corrective action regulations provide five classifications: well capitalized, adequately capitalized, undercapitalized, significantly undercapitalized and critically undercapitalized, although these terms are not used to represent overall financial condition. If an institution is classified as adequately capitalized or lower, regulatory approval is required to accept brokered deposits. If undercapitalized, capital distributions are limited, as is growth and expansion, and capital restoration plans are required. As of June 30, 2025 and December 31, 2024, the most recent regulatory notifications categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. There are no conditions or events since that notification that management believes have changed the Bank's category.

The Company’s and the Bank’s actual capital amounts and ratios as of June 30, 2025 and December 31, 2024 are presented in the following tables. The capital conservation buffer of 2.5% is not included in the required minimum ratios of the tables presented below.


	Actual					Minimum Capital Adequacy					For Classification as Well Capitalized (1) (2)
	Amount		Ratio			Amount		Ratio			Amount		Ratio
	(dollars in thousands)
June 30, 2025
Total capital to risk weighted assets:
Consolidated	$	649,277		14.7	%	$	352,552		8.0	%	$	440,690		10.0	%
Wilson Bank		641,536		14.6			352,427		8.0			440,534		10.0
Tier 1 capital to risk weighted assets:
Consolidated		594,178		13.5			264,414		6.0			264,414		6.0
Wilson Bank		586,456		13.3			264,320		6.0			352,427		8.0
Common equity Tier 1 capital to risk weighted assets:
Consolidated		594,178		13.5			198,311		4.5		N/A		N/A
Wilson Bank		586,456		13.3			198,240		4.5			286,347		6.5
Tier 1 capital to average assets:
Consolidated		594,178		10.5			226,541		4.0		N/A		N/A
Wilson Bank		586,456		10.4			226,470		4.0			283,088		5.0


	Actual					Minimum Capital Adequacy					For Classification as Well Capitalized (1) (2)
	Amount		Ratio			Amount		Ratio			Amount		Ratio
	(dollars in thousands)
December 31, 2024
Total capital to risk weighted assets:
Consolidated	$	615,180		14.5	%	$	338,916		8.0	%	$	423,646		10.0	%
Wilson Bank		609,568		14.4			338,788		8.0			423,485		10.0
Tier 1 capital to risk weighted assets:
Consolidated		563,128		13.3			254,188		6.0			254,188		6.0
Wilson Bank		557,516		13.2			254,090		6.0			338,787		8.0
Common equity Tier 1 capital to risk weighted assets:
Consolidated		562,925		13.3			190,641		4.5		N/A		N/A
Wilson Bank		557,313		13.2			190,568		4.5			275,264	6.5
Tier 1 capital to average assets:
Consolidated		563,128		10.4			216,949		4.0		N/A		N/A
Wilson Bank		557,516		10.3			216,873		4.0			271,092		5.0

Ratios for Wilson Bank are those under applicable FDIC regulations for prompt corrective action.

Well-capitalized minimum Common equity Tier 1 capital to risk weighted assets and Tier 1 capital to average assets are not formally defined under applicable regulations for bank holding companies.

The Company and the Bank are subject to dividend restrictions set forth by the Tennessee Department of Financial Institutions and federal banking agencies, as applicable. Generally, the Board of Directors may not declare dividends in excess of current year earnings plus the retained net income of the preceding two years without prior approval of the commissioner of the Tennessee Department of Financial Institutions. Additional restrictions may be imposed by the Tennessee Department of Financial Institutions and federal banking agencies under the powers granted to them by law.