{"schema_version":"secwatch.filing_event.v1","accession":"0001166928-23-000072","form_type":"8-K","ticker":"WTBA","cik":"0001166928","company_name":"WEST BANCORPORATION INC","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.105194+00:00","generated_at":"2026-06-16T08:19:13.476141+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"West Bancorp Q1 net income $7.8M ($0.47 EPS), down from $13.2M year ago; dividend steady","bullets":["Net income $7.8M ($0.47 diluted EPS) vs $8.9M ($0.53) in Q4 2022 and $13.2M ($0.78) in Q1 2022.","Net interest margin fell to 2.23% from 2.49% Q4 and 2.85% year ago; cost of funds increased rapidly.","Deposits declined $82M in Q1; brokered deposits decreased $38.5M to $234.2M; borrowings rose sharply.","Credit quality remains strong: no loans >30 days past due for seventh consecutive quarter; nonaccrual loans only $316K.","Regular quarterly dividend of $0.25 per share declared, payable May 24, 2023; unchanged from prior."],"urls":{"canonical":"https://secwatch.observer/filing/0001166928-23-000072","json":"https://secwatch.observer/filing/0001166928-23-000072.json","markdown":"https://secwatch.observer/filing/0001166928-23-000072.md","text":"https://secwatch.observer/filing/0001166928-23-000072.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1166928/000116692823000072/0001166928-23-000072-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1166928/000116692823000072/wtba-20230427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T08:19:13.476141+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2066b4db2a2af90a892ed297d382908f56b28df4","claim":"WEST BANCORPORATION INC reported first quarter 2023 results: net income $7.8 million, EPS $0.47 per diluted common share.","evidence_excerpt":"first quarter 2023 net income of $7.8 million, or $0.47 per diluted common share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1166928/000116692823000072/0001166928-23-000072-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Net income","value":"$7.8 million"},{"label":"EPS","value":"$0.47 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}