WEST BANCORPORATION INC company info

CIK 1166928
IRS Number 421230603
State of incorporation IA
Business address 1601 22ND ST
None
WEST DES MOINES
IA
50266
Mail address 1601 22ND ST
None
WEST DES MOINES
IA
50266

Short summary

WEST BANCORPORATION INC is a Iowa company, with head office located at 1601 22Nd St West Des Moines, Iowa 50266. The company achieved a record breaking net income last year - 28.51 million USD. This is 23.57% higher than one reported in 2017. In 2018 the company owned a total of 2.36 billion USD worth of assets. An analysis of the recent trend shows a steady growth of company assets, with a 7.54% growth from the last year and a 87.36% increase in the 8 year period.

WEST BANCORPORATION INC Income Statement

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Interest expense 26.6419.0211.929.467.066.165.997.8812.9822.74
Income Tax Expense (Benefit) 5.336.076.767.326.659.709.9413.376.56
Net income -14.6213.3815.2716.0116.8920.0421.7423.0223.0728.51

WEST BANCORPORATION INC Balance Sheet

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Cash and cash equivalents 196.97283.87102.48112.8641.2658.5882.0772.65
Property, Plant and Equipment, Gross 10.2310.5112.8915.5117.5830.1530.5730.31
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 4.834.915.405.526.026.837.558.82
Total assets 1,261.141,350.021,451.651,535.691,654.461,831.691,917.592,197.172,362.88
Long-term Debt 16.7714.3111.056.7825.4719.6122.98
Total liabilities 1,141.951,219.991,330.051,403.621,509.071,670.711,742.702,014.812,160.94
Common Stock, Value, Issued 333333333
Retained Earnings (Accumulated Deficit) 81.3891.69100.62111.21123.51135.60148.77161.87176.57
Accumulated Other Comprehensive Income (Loss), Net of Tax -4.310.421.64-0.22-0.77-0.531.710.99-6.17-3.32

WEST BANCORPORATION INC Cash Flow

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Net income -14.6213.3815.2716.0116.8920.0421.7423.0223.0728.51
Depreciation 0.690.580.610.700.790.850.921.051.351.41
Deferred Income Tax Expense (Benefit) -7.260.640.730.641.150.540.080.092.83-0.36
Net Cash Provided by (Used in) Operating Activities 17.6125.0826.0324.29
Payments to Acquire Property, Plant, and Equipment 1.350.370.981.041.915.302.5012.801.060.21
Net Cash Provided by (Used in) Investing Activities -121.10216.4827.77-99.46
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -121.08216.4827.77-99.46-135.14-176.73-106.40-105.44-293.97-188.73
Proceeds from Issuance of Long-term Debt 0080160002211.49
Payments for Repurchase of Common Stock 0015.7700
Payments of Ordinary Dividends, Common Stock 1.570.872.966.277.007.849.9510.8011.5012.70
Net Cash Provided by (Used in) Financing Activities 38.02-285.10-54.65159.54
Cash and Cash Equivalents, Period Increase (Decrease) -65.47-43.54-0.8584.37-129.05-2.6432.874.19-28.89-0.48