secwatch.observer — SEC 8-K summary
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Issuer:     WEST BANCORPORATION INC (WTBA)
CIK:        0001166928
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0001166928-24-000088
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

West Bancorporation Q2 net income $5.2M ($0.31), down from $5.9M ($0.35) YoY; declares $0.25 dividend
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- Q2 2024 net income $5.2M vs $5.9M in Q2 2023; diluted EPS $0.31 vs $0.35.
- Quarterly dividend of $0.25 declared, payable Aug 21, 2024 to holders of record Aug 7.
- Loans grew $18.6M in Q2; deposits rose $115.9M, excluding brokered deposits +$142M.
- Net interest margin (tax-equivalent) 1.86% vs 1.88% in Q1 and 2.02% a year ago.
- No credit loss expense recorded; nonperforming assets remain negligible at 0.01%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1166928/000116692824000088/0001166928-24-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1166928/000116692824000088/wtba-20240725.htm
  HTML page:      https://secwatch.observer/filing/0001166928-24-000088

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