SECOND AMENDMENT TO THE WILSON BANK AND TRUST AMENDED AND RESTATED LIFEINSURANCE ENDORSEMENT METHOD SPLIT DOLLAR PLAN AGREEMENT

Exhibit 10.9

SECOND AMENDMENT TO THE

WILSON BANK AND TRUST AMENDED AND RESTATED LIFE INSURANCE

ENDORSEMENT METHOD SPLIT DOLLAR PLAN AGREEMENT

WHEREAS, Wilson Bank and Trust (the “Bank”) and Gary D. Whitaker, (the “Executive”) established the Wilson Bank and Trust Amended and Restated Life Insurance Endorsement Method Split Dollar Plan Agreement (the “Agreement”), originally effective as of March 30, 1995; and

WHEREAS, the Bank and the Executive most recently amended the Agreement on October 7, 2002, to make changes regarding the division of the death proceeds thereunder; and

WHEREAS, the Bank and the Executive desire to amend the Agreement to clarify that the Executive shall not be entitled to any death proceeds under the Agreement or the underlying insurance policy following the Executive’s termination of employment.

NOW, THEREFORE, effective November 23, 2012, the Bank and the Executive hereby amend the Agreement as follows.

1. Section VI.A. of the Agreement is amended to provide as follows:

2. Section IX. is amended to provide as follows:

This Agreement shall terminate upon the occurrence of any one of the following:

Upon such termination, the Insured (or assignee) shall have a fifteen (15) day option to receive from the Bank an absolute assignment of the policy in consideration of a cash payment to the Bank, whereupon this Agreement shall terminate. Such cash payment referred to hereinabove shall be the greater of:

If, within said fifteen (15) day period, the Insured fails to exercise said option, fails to procure the entire aforestated cash payment, or dies, then the option shall terminate and the Insured (or assignee) agrees that all of the Insured’s rights, interest and claims in the policy shall terminate as of the date of the termination of this Agreement.

The Insured expressly agrees that this Agreement shall constitute sufficient written notice to the Insured of the Insured’s option to receive an absolute assignment of the policy as set forth herein.

Except as provided above, this Agreement shall terminate upon distribution of the death benefit proceeds in accordance with Paragraph VI above.

3. Section XV is amended to provide as follows:

Change of Control shall be deemed to be the cumulative transfer of more than fifty percent (50%) of the voting stock of the Bank from the date of this Agreement. For purposes of this Agreement, transfers on account of death or gifts, transfers between family members, or transfers to a qualified retirement plan maintained by the Bank shall not be considered in determining whether there has been a Change of Control. Upon a Change of Control, the Insured shall become one hundred percent (100%) vested in the benefits the Insured is entitled to hereunder, subject to the termination of the Insured’s rights upon his or her termination of employment as provided in Section VI.A.

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4. To the extent that any paragraph, term or provision of said Agreement is not specifically amended herein, or in any other amendment thereto, said paragraph, term or provision shall remain in full force and effect as set forth in said Agreement

IN WITNESS WHEREOF, both parties hereto acknowledge that each has carefully read and considered this Second Amendment and consent to the changes contained herein. Both parties have caused this Second Amendment to the Wilson Bank and Trust Amended and Restated Life Insurance Endorsement Method Split Dollar Plan Agreement to be executed this 23rd day of November, 2012, effective November 23, 2012.

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