Welcome to our dedicated page for West Bancorporation SEC filings (Ticker: WTBA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for West Bancorporation, Inc. (Nasdaq: WTBA), the Iowa-based financial holding company and parent of West Bank. Through these regulatory documents, investors can review detailed information about the company’s community banking operations, which focus on lending, deposit services and trust services for consumers and small- to medium-sized businesses.
Key filings include the annual report on Form 10-K, which presents audited financial statements, management’s discussion and analysis, and risk factor disclosures covering topics such as interest rate risk, credit risk, liquidity, competitive pressures, technological change and broader economic and regulatory conditions. Quarterly reports on Form 10-Q update these discussions with unaudited financial data, including net interest income, net interest margin, efficiency ratio, loan and deposit balances, nonperforming assets to total assets and allowance for credit losses.
Current reports on Form 8-K document material events, such as quarterly earnings announcements, dividend declarations and certain corporate governance matters. For example, recent 8-K filings have reported quarterly earnings results, the declaration of regular quarterly dividends and a director’s decision not to stand for re-election, along with furnished earnings presentations.
On Stock Titan, these WTBA filings are updated in near real time as they are released on EDGAR. AI-powered summaries help explain the key points in lengthy documents, highlighting changes in credit quality metrics, loan and deposit trends, capital measures and disclosed risks. Users can quickly locate specific forms, compare disclosures across periods and use the structured information to analyze West Bancorporation’s financial condition, performance and regulatory reporting history.
West Bancorp Inc filed an amendment to a Schedule 13G reporting that The Vanguard Group holds 0 shares and 0% of the class of Common Stock following an internal realignment. The filing notes the realignment occurred on January 12, 2026 and the amendment was signed on March 27, 2026.
The filing states Vanguard will report certain subsidiaries or business divisions separately in reliance on SEC Release No. 34-39538, and that those subsidiaries pursue the same investment strategies previously pursued by Vanguard. The report lists Vanguard's principal business address as 100 Vanguard Blvd., Malvern, PA.
West Bancorporation Inc. CEO David D. Nelson used company stock to cover taxes on vested restricted stock units. On March 25, 2026, 6,811 shares of common stock were withheld at $23.71 per share to pay payroll taxes due at vesting.
After this tax-withholding disposition, Nelson held 117,340 shares directly. He also had indirect ownership of 107,457 shares through the Katherine A. Nelson Revocable Trust and 31,695 shares through a 401(k) plan, reflecting a substantial continuing stake in the company.
WEST BANCORPORATION INC Chief Risk Officer Harlee Olafson reported a routine tax-withholding share disposition related to equity compensation. On March 25, 2026, 6,334 shares of common stock were withheld at $23.71 per share to cover payroll taxes upon vesting of restricted stock units. After this, Olafson directly held 135,948 common shares and indirectly held 20,850 shares through a 401(k) plan. A footnote also notes that 719 previously reported performance stock units did not vest because the performance conditions were not met.
WEST BANCORPORATION INC CFO Jane M. Funk reported a tax-withholding disposition of 6,033 shares of common stock on March 25, 2026, valued at $23.71 per share, to cover payroll taxes upon vesting of restricted stock units. After this withholding, she directly owns 71,517 shares and indirectly holds 220 shares through a 401(k) plan. The footnotes also note that 719 previously reported performance stock units did not vest because performance conditions were not met.
West Bancorporation Inc executive vice president Brad L. Winterbottom reported a compensation-related share withholding rather than an open-market trade. On March 25, 2026, 6,162 shares of common stock were withheld at $23.71 per share to cover payroll taxes due upon the vesting and issuance of restricted stock units. After this tax-withholding disposition, he held 148,589 shares directly, plus 6,607 shares held indirectly by his spouse and 26,058 shares held indirectly through a 401(k) plan. The filing also notes that 719 performance stock units previously reported did not vest because the applicable performance conditions were not satisfied.
West Bancorporation Inc Executive Vice President Bradley P. Peters reported a tax-related share disposition. On March 25, 2026, 6,111 shares of common stock were withheld at $23.71 per share to cover payroll taxes due upon vesting of restricted stock units. After this withholding, Peters directly holds 86,524 shares of common stock. A footnote also states that 719 previously reported performance stock units did not vest because the required performance conditions were not met.
West Bancorporation, Inc. reported 2025 consolidated results and an annual report highlighting stronger earnings, preserved capital and pristine asset quality.
Net income was $32,560 (thousands) for the year ended December 31, 2025, up from $24,050 in 2024. Net interest income improved to $88,981, while deposits were $3,468,470 and stockholders' equity was $265,985 as of December 31, 2025. The company reported no nonperforming loans at year end and capital ratios exceeding well-capitalized benchmarks.
West Bancorporation, Inc. is asking stockholders to vote at its April 23, 2026 annual meeting on three key items: electing eight directors, approving 2025 named executive officer pay on an advisory basis, and ratifying RSM US LLP as auditor for 2026.
The proxy highlights a largely independent board with separate Chair and CEO roles, mandatory retirement at 73, and fully independent key board committees. Executive pay is designed around pay-for-performance, with 2025 net income of 32.6 million, diluted EPS of $1.92, ROE of 13.47%, an efficiency ratio of 54.11%, dividends of $1.00 per share, and no nonperforming assets at year-end. Annual bonuses are tied to relative performance versus a 20‑bank peer group, and 2025 bonuses paid out above target, alongside time‑based and performance‑based RSUs that vest over multi‑year periods.
West Bancorporation, Inc. files a shelf prospectus to offer up to $125,000,000 of common stock, preferred stock, debt securities, warrants, depositary shares, subscription rights, stock purchase contracts, units and related instruments from time to time. The prospectus permits multiple series and sale methods and requires a prospectus supplement for specific terms.
The company lists 16,940,785 shares of common stock issued and outstanding as of February 26, 2026. As context, West Bancorporation reported $4.1 billion in assets, $3.5 billion in deposits and $266 million in shareholders’ equity as of December 31, 2025. The company’s common stock trades on Nasdaq Global Select Market and closed at $24.92 on February 26, 2026.