UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 0-49677 WEST BANCORPORATION, INC. (Exact Name of Registrant as Specified in its Charter) (State of Incorp ...

West Bancorporation NASDAQ: WTBA Q2 2023 | Earnings Highlights Disclaimers Certain statements in this presentation, other than purely historical information, including estimates, projections, statements relating to the Company's business plans, ob and expected operating results, and the assumptions upon which those statements are based, are "forward-hoking statements" within the meanings of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Secti ...

West Bancorporation, Inc. (NASDAQ:WTBA) Q2 2023 Earnings Call July 27, 2023 3:00 PM ET Company Participants Jane M. Funk - Chief Financial Officer David D. Nelson - Chief Executive Officer Harlee N. Olafson - Chief Risk Officer Brad L. Winterbottom - President Brad P. Peters - Minnesota Group President Conference Call Participants Brendan Nosal - Piper Sandler David Welch - River Oaks Capital Hello, everyone, and welcome to the West Bancorporation, Inc. Second Quarter Earnings Call. My name is Emily, and I' ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 0-49677 WEST BANCORPORATION, INC. (Exact Name of Registrant as Specified in its Charter) (State of Incorporati ...

West Bancorporation, Inc. (NASDAQ:WTBA) Q1 2023 Earnings Conference Call April 27, 2023 3:00 PM ET Company Participants Jane Funk - Chief Financial Officer Dave Nelson - Chief Executive Officer Harlee Olafson - Chief Risk Officer Brad Winterbottom - President Brad Peters - Regional President, Minnesota Conference Call Participants Brendan Nosal - Piper Sandler David Welch - River Oaks Capital Operator Good afternoon, everyone. Thank you for attending today’s West Bancorporation Q1 Earnings Call. My name is ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 Commission File Number: 0-49677 WEST BANCORPORATION, INC. (Exact Name of Registrant as Specified in its Charter) (State of Incorporation) (I.R.S. Employer Identification No.) Iowa 42-1230603 1601 22nd Street, West Des Moines, Iowa 50266 (Address of principal executive offices) (Zip ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number: 0-49677 WEST BANCORPORATION, INC. (Exact name of registrant as specified in its charter) Iowa 42-1230603 (State or ...

Financial Data and Key Metrics Changes - The company reported a return on equity of 21% and a return on assets of 1.32% for Q3 2022 [6] - A quarterly dividend of $0.25 per share was declared, payable on November 23, 2022 [6] - Loan growth was reported at 10.8% year-over-year as of the end of Q3 2022 [7] - The net interest margin decreased to 2.78% in Q3 from 2.93% in Q2, while the loan yield increased to 4.34% from 3.95% [30] Business Line Data and Key Metrics Changes - Excluding PPP loans, the loan portfolio grew just under 2% for the quarter, with year-to-date growth of just under 7.5% or $2.6 billion outstanding [19] - The C&I category saw a nice increase due to a significant customer acquisition, partially offset by real estate asset sales [20] - The company has one nonaccrual loan of $328,000, secured by residential real estate worth over $600,000 [12] Market Data and Key Metrics Changes - The company reported strong performance in its Eastern Iowa market, gaining market share and increasing core deposits and loan balances [17] - The Minnesota market is also seeing solid growth, with new facilities being constructed to support expansion [27] Company Strategy and Development Direction - The company believes it is in a superior position to navigate an economic slowdown or recession due to its strong credit quality and underwriting practices [9] - The focus remains on building relationships and expanding core deposit growth, particularly in the C&I sector [26] Management's Comments on Operating Environment and Future Outlook - Management noted that credit quality remains extremely strong, with no loans past due 30 days for five consecutive quarters [8][12] - The company expects continued pressure on net interest margin due to rising funding costs and competitive deposit rates [32] - There is optimism for slight loan growth in Q4 despite anticipated payoffs from large projects [38] Other Important Information - The company recorded no provision for loan losses this quarter, indicating strong credit quality [30] - The efficiency ratio remains low at 43% for the quarter [32] Q&A Session Summary Question: Insights on loan growth trends - Management noted that asset sales, particularly in the apartment category, have tempered loan growth, but they expect some increase in Q4 [36][38] Question: Customer deposit flows and funding strategies - Management indicated that deposit outflows have slowed, driven by customers utilizing their own liquidity for transactions rather than borrowing [40][42] Question: Expectations for net interest margin - Management acknowledged continued margin pressure due to various variables, including deposit relationships and Fed actions [44] Question: Future of fee income from swap fees - Management mentioned that swap fees were robust this quarter but are difficult to predict going forward [45] Question: Credit quality outlook - Management reported no signs of deterioration in credit quality, with ongoing stress tests showing stability [46]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 0-49677 WEST BANCORPORATION, INC. (Exact Name of Registrant as Specified in its Charter) (State of Incorp ...

West Bancorporation, Inc. (NASDAQ:WTBA) Q2 2022 Earnings Conference Call July 29, 2022 11:00 AM ET Company Participants Jane Funk - Chief Financial Officer David Nelson - President and Chief Executive Officer Harlee Olafson - Executive Vice President and Chief Risk Officer Brad Winterbottom - President Brad Peters - Executive Vice President Conference Call Participants Brendan Nosal - Piper Sandler Operator Ladies and gentlemen, thank you for standing by. Welcome to the West Bancorporation Incorporated Earn ...