{"schema_version":"secwatch.filing_event.v1","accession":"0001166928-24-000051","form_type":"8-K","ticker":"WTBA","cik":"0001166928","company_name":"WEST BANCORPORATION INC","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.509329+00:00","generated_at":"2026-06-03T07:33:45.142414+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"West Bancorp Q1 net income $5.8M ($0.35 EPS) down 26% YoY; net interest margin 1.88% vs 2.23%","bullets":["Net income $5.8M ($0.35 diluted EPS) vs Q4 $4.5M ($0.27) and Q1 2023 $7.8M ($0.47).","Net interest margin (tax-equivalent) 1.88%, down from 2.23% a year ago on cost of funds pressure.","Deposits rose $91.3M, but brokered deposits increased $91M; excluding brokered, core deposits up only $0.3M.","No credit loss expense in Q1; allowance for credit losses 0.95% of loans; nonaccrual loans $289K.","Quarterly dividend $0.25 per share declared, payable May 22, 2024 to holders of record May 8, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001166928-24-000051","json":"https://secwatch.observer/filing/0001166928-24-000051.json","markdown":"https://secwatch.observer/filing/0001166928-24-000051.md","text":"https://secwatch.observer/filing/0001166928-24-000051.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1166928/000116692824000051/0001166928-24-000051-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1166928/000116692824000051/wtba-20240425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T07:33:45.142414+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":"ddff87d4d75e6be0a1b3843a2d9ac46e1618e603","claim":"WEST BANCORPORATION INC reported first quarter 2024 results: net income $5.8 million, EPS $0.35 per diluted common share.","evidence_excerpt":"West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent company of West Bank, today reported first quarter 2024 net income of $5.8 million, or $0.35 per diluted common share, compared to fourth quarter 2023 net income of $4.5 million, or $0.27 per diluted common share, and 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/1166928/000116692824000051/0001166928-24-000051-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2024"},{"label":"Net income","value":"$5.8 million"},{"label":"EPS","value":"$0.35 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"}