secwatch.observer — SEC 8-K summary
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Issuer:     WEST BANCORPORATION INC (WTBA)
CIK:        0001166928
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0001166928-22-000055
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

West Bancorporation Q1 2022 net income rises 12% to $13.2M, declares $0.25 dividend
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- Net income of $13.2M ($0.78 diluted EPS) vs $11.8M ($0.70) in Q1 2021, a record first quarter.
- Declared regular quarterly dividend of $0.25 per share, payable May 25 to holders of record May 11.
- Recorded negative provision for loan losses of $750K due to sustained loan performance and improvement in classified loans.
- Total assets grew to $3.5B at March 31, 2022 from $3.2B a year earlier.
- Opened new bank building in St. Cloud, MN; other building projects in planning.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1166928/000116692822000055/0001166928-22-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1166928/000116692822000055/wtba-20220428.htm
  HTML page:      https://secwatch.observer/filing/0001166928-22-000055

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