---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-070004"
form_type: "8-K"
ticker: "WTBA"
cik: "0001166928"
company_name: "WEST BANCORPORATION INC"
filed_at: "2022-06-10T23:59:59+00:00"
generated_at: "2026-06-25T02:38:24.407508+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# West Bancorporation prices $60M 5.25% subordinated notes due 2032

## Summary
- Offering of $60 million aggregate principal amount of 5.25% Fixed-to-Floating Rate Subordinated Notes due 2032.
- Interest rate fixed at 5.25% through June 15, 2027, then floats at Three-Month Term SOFR plus 241 bps.
- Notes redeemable at par on or after June 15, 2027; mature June 15, 2032.
- Net proceeds for general corporate purposes and to support organic growth; intended as Tier 2 capital.
- Closing expected June 14, 2022; Piper Sandler & Co. acting as sole underwriter.

## SEC filing metadata
- accession: 0001104659-22-070004
- form_type: 8-K
- ticker: WTBA
- cik: 0001166928
- company_name: WEST BANCORPORATION INC
- filed_at: 2022-06-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1166928/000110465922070004/0001104659-22-070004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1166928/000110465922070004/tm2216205d7_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-070004
- JSON: https://secwatch.observer/filing/0001104659-22-070004.json
- Plain text: https://secwatch.observer/filing/0001104659-22-070004.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.