Lebanon, Tenn.-based Wilson Bank and Trust promoted Damon Bates to senior vice president and manager of its investment center.

He is succeeding Larry Squires, who has served as the department's manager since the bank opened the full-service brokerage in 1994. Squires will be transitioning to a 2018 retirement.

Since 2015, Bates has been a financial adviser in the Hermitage, Donelson, Gallatin and Hendersonville, Tenn., markets of the bank, a unit of Wilson Bank Holding Co.