ROA edged up 0.01 percentage points to 1.39%, while ROE slipped 0.93 percentage points to 13.76%.
Balance sheet and business update
The company completed a credit card business divestiture in January, moving USD 6.7 million of balances off-book and booking a USD 1.1 million premium.
Quarterly earnings and revenue trends
Wilson Bank Holding posted Q2 net income of USD 20.81 million, up 8.87% year over year, with EPS rising 6.29% to USD 1.69.
Net interest income climbed to USD 54.43 million, up from higher average earning assets and a lower cost of funds.
Non-interest income increased 5.35% to USD 9.42 million, while non-interest expense rose 15.39% to USD 34.99 million.
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