secwatch.observer — SEC 8-K summary
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Issuer:     WEST BANCORPORATION INC (WTBA)
CIK:        0001166928
Form:       8-K
Filed at:   2021-10-28T23:59:59+00:00
Accession:  0001166928-21-000108
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

West Bancorporation Q3 net income $12.7M ($0.76 EPS) vs $8.1M a year ago; dividend $0.24
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- Diluted EPS $0.76 for Q3 2021 compared to $0.49 in Q3 2020; 9-month EPS $2.25 vs $1.46.
- No provision for loan losses in Q3; negative $1.5K provision for 9 months from reserve release.
- Loan growth 10.1% YTD (ex-PPP) and 14.3% YoY; Texas ratio improved to 3.24% with no loans past due 30+ days.
- Quarterly dividend of $0.24 per share declared, payable Nov 24, 2021 to holders of record Nov 10.
- Permanent branches in Sartell, MN (completing Jan 2022) and Mankato, MN (planning stage).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1166928/000116692821000108/0001166928-21-000108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1166928/000116692821000108/wtba-20211028.htm
  HTML page:      https://secwatch.observer/filing/0001166928-21-000108

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