{"schema_version":"secwatch.filing_event.v1","accession":"0001166928-25-000002","form_type":"8-K","ticker":"WTBA","cik":"0001166928","company_name":"WEST BANCORPORATION INC","filed_at":"2025-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.070893+00:00","generated_at":"2026-05-27T13:21:35.362718+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"West Bancorp Q4 net income $7.1M ($0.42 EPS); declares $0.25 dividend; director not seeking re-election","bullets":["Q4 net income $7.1M ($0.42 EPS) vs Q3 $6.0M and Q4 '23 $4.5M; FY net income $24.1M ($1.42) flat YoY.","Net interest margin (FTE) improved to 1.98% from 1.91% (Q3) and 1.87% (Q4 '23); efficiency ratio 60.79%.","Deposits +$79M in Q4; brokered deposits down $159.5M; borrowed funds decreased to $392.6M.","Sold $11.8M securities for net loss $1.2M; recognized $1.8M energy tax credit.","Director Philip J. Worth not standing for re-election at April 24, 2025 annual meeting; no disagreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001166928-25-000002","json":"https://secwatch.observer/filing/0001166928-25-000002.json","markdown":"https://secwatch.observer/filing/0001166928-25-000002.md","text":"https://secwatch.observer/filing/0001166928-25-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1166928/000116692825000002/0001166928-25-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1166928/000116692825000002/wtba-20250123.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T13:21:35.362718+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":"d11823b091","claim":"Philip Jason Worth departed as Director at WEST BANCORPORATION INC.","evidence_excerpt":"On January 21, 2025, Philip Jason Worth informed West Bancorporation, Inc. (the Company) that he will not stand for re-election to the Company's Board of Directors (the Board) at the Company's 2025 annual meeting of shareholders, scheduled to be held on April 24, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1166928/000116692825000002/0001166928-25-000002-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"not stand for re-election"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}