---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-071006"
form_type: "8-K"
ticker: "WTBA"
cik: "0001166928"
company_name: "WEST BANCORPORATION INC"
filed_at: "2022-06-14T23:59:59+00:00"
generated_at: "2026-06-25T01:52:41.873006+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# West Bancorporation completes $60M offering of 5.25% Fixed-to-Floating Rate Subordinated Notes due 2032

## Summary
- $60 million aggregate principal of 5.25% Fixed-to-Floating Rate Subordinated Notes due 2032 issued.
- Notes bear fixed 5.25% through June 15, 2027, then floating at 3-month SOFR plus 241 bps quarterly.
- Issued under Indenture with Wilmington Trust as trustee; redeemable at company's option at specified prices.
- Net proceeds for general corporate purposes; offering made under effective shelf registration statement.

## SEC filing metadata
- accession: 0001104659-22-071006
- form_type: 8-K
- ticker: WTBA
- cik: 0001166928
- company_name: WEST BANCORPORATION INC
- filed_at: 2022-06-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1166928/000110465922071006/0001104659-22-071006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1166928/000110465922071006/tm2216205d9_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-071006
- JSON: https://secwatch.observer/filing/0001104659-22-071006.json
- Plain text: https://secwatch.observer/filing/0001104659-22-071006.txt

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