Detail akcie West Bancorp online

Business Summary: West Bancorporation, Inc., is a financial holding company. The Company owns West Bank (the Bank), which is a business-focused community bank. The Bank provides full-service community banking and trust services to customers. The Bank offers range of credit to its customers, including commercial, real estate, and consumer loans. It also offers trust services, including the administration of estates, conservatorships, personal trusts, and agency accounts. The Company operates in the markets, including central Iowa, which is generally the greater Des Moines metropolitan area; eastern Iowa, which includes the area surrounding Iowa City and Coralville, and southern Minnesota, which includes the cities of Rochester, Owatonna, Mankato, and St. Cloud. The Bank offers a full range of deposit services, including checking, savings and money market accounts and time certificates of deposit. It also offers online banking, mobile banking, and treasury management services.
Financial Summary: BRIEF: For the three months ended 31 March 2024, West Bancorporation Inc interest income increased 20% to $44.6M. Net interest income after loan loss provision decreased 10% to $16.8M. Net income decreased 26% to $5.8M. Net interest income after loan loss provision reflects Securities: Tax exempt decrease of 8% to $810K. Net income also reflects Deposits increase of 62% to $21.6M (expense), Federal Home Loan Bank advances increase of 84% to $2.3M (expense).