secwatch.observer — SEC 8-K summary
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Issuer:     WEST BANCORPORATION INC (WTBA)
CIK:        0001166928
Form:       8-K
Filed at:   2025-04-24T23:59:59+00:00
Accession:  0001166928-25-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

West Bancorporation reports Q1 net income of $7.8M ($0.46/sh), up from $5.8M YoY; declares $0.25 dividend
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- Net income $7.8M ($0.46 diluted EPS) vs Q1 2024 $5.8M ($0.35) and Q4 2024 $7.1M ($0.42).
- Net interest margin (tax-equiv) improved to 2.28% from 1.88% YoY; efficiency ratio 56.37% vs 62.04%.
- No credit loss expense in Q1 2025; nonperforming assets at 0.00% of total assets; only one past-due loan ($181k).
- Regular quarterly dividend of $0.25/share declared, payable May 21, 2025, to holders of record May 7, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1166928/000116692825000033/0001166928-25-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1166928/000116692825000033/wtba-20250424.htm
  HTML page:      https://secwatch.observer/filing/0001166928-25-000033

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