secwatch.observer — SEC 8-K summary
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Issuer:     WEST BANCORPORATION INC (WTBA)
CIK:        0001166928
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001166928-22-000105
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

West Bancorp Q3 net income $11.6M ($0.69 diluted), down 8.7% YoY; dividend $0.25
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- Net income $11.6M vs $12.7M in Q3 2021; diluted EPS $0.69 vs $0.76.
- Loans grew $41.0M in Q3 (6.3% annualized); deposits decreased $19.6M.
- Net interest margin (FTE) fell to 2.78% from 2.93% (Q2) and 3.06% (Q3 2021).
- No provision for loan losses; nonperforming assets only 0.01% of total assets.
- Quarterly dividend maintained at $0.25/share, payable Nov 23 to record Nov 9.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1166928/000116692822000105/0001166928-22-000105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1166928/000116692822000105/wtba-20221027.htm
  HTML page:      https://secwatch.observer/filing/0001166928-22-000105

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer