West Bancorporation Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	166.84	166.22	142.92	107.1	95.59
Interest Income on Investments	25.38	23.84	17.38	16.25	11.7
Total Interest Income	192.23	190.07	160.31	123.35	107.28
Interest Paid on Deposits	87.75	97.28	66.8	22.63	7.95
Interest Paid on Borrowings	15.49	21.42	24.48	8.98	4.27
Total Interest Expense	103.24	118.7	91.27	31.61	12.22
Net Interest Income	88.98	71.36	69.03	91.74	95.06
Net Interest Income Growth (YoY)	24.69%	3.38%	-24.75%	-3.49%	14.76%
Trust Income	3.44	3.45	3.07	2.71	2.67
Gain (Loss) on Sale of Assets	-0.01	-0.05	-0.03	-0.03	-
Gain (Loss) on Sale of Investments	-3.96	-1.17	-0.43	-	0.05
Other Non-Interest Income	4.85	4.36	4.91	5.33	4.66
Total Non-Interest Income	6.26	8.43	9.38	10.21	9.73
Non-Interest Income Growth (YoY)	-25.73%	-10.04%	-8.16%	4.92%	1.32%
Revenues Before Loan Losses	95.25	79.8	78.41	101.95	104.79
Provision for Loan Losses	-	1	0.7	-2.5	-1.5
Revenue	95.25	78.8	77.71	104.45	106.29
Revenue Growth (YoY)	20.88%	1.40%	-25.60%	-1.73%	32.14%
Salaries and Employee Benefits	29.38	25.08	23.95	22.48	20.65
Occupancy Expenses	8.17	7.32	5.51	4.91	-
Federal Deposit Insurance	2.37	2.56	1.75	1	1.82
Selling, General & Administrative	6.97	11.17	11.59	9.78	13.69
Other Non-Interest Expense	6.94	5.23	5.82	6.88	7.22
Total Non-Interest Expense	53.83	51.35	48.61	45.05	43.38
EBT Excluding Unusual Items	41.42	27.44	29.1	59.4	62.91
Pretax Income	41.42	27.44	29.79	59.4	62.91
Income Tax Expense	8.86	3.39	5.65	13	13.3
Net Income	32.56	24.05	24.14	46.4	49.61
Net Income to Common	32.56	24.05	24.14	46.4	49.61
Net Income Growth	35.38%	-0.36%	-47.98%	-6.47%	51.65%
Basic Shares Outstanding	17	17	17	17	17
Diluted Shares Outstanding	17	17	17	17	17
Shares Change (YoY)	0.38%	0.87%	-0.29%	0.05%	1.66%
EPS (Basic)	1.92	1.43	1.44	2.79	3.00
EPS (Diluted)	1.92	1.42	1.44	2.76	2.95
EPS Growth	35.21%	-1.39%	-47.83%	-6.44%	48.99%
Dividend Per Share	1.000	1.000	1.000	1.000	0.940
Dividend Growth	-	-	-	6.38%	11.91%
Effective Tax Rate	21.39%	12.36%	18.96%	21.88%	21.14%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.