West bancorporation inc (WTBA)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Interest income:
Loans, including fees

85,512

71,189

63,242

57,419

52,556

47,440

44,992

44,277

46,640

53,215

59,309

Investment securities:
Taxable

10,031

8,124

5,501

4,201

4,363

4,938

5,173

4,240

4,193

4,330

3,937

Tax-exempt

2,022

4,993

3,960

3,266

3,147

2,878

2,457

1,954

2,252

3,057

3,963

Federal funds sold

1,110

487

331

108

81

45

119

191

234

541

521

Total interest income

98,675

84,793

73,034

64,994

60,147

55,301

52,741

50,662

53,319

61,143

-

Interest expense:
Deposits

25,214

17,064

7,622

3,391

2,185

2,426

3,413

4,535

6,941

13,217

-

Federal funds purchased

241

188

99

47

46

11

-

-

-

-

-

Total interest income

-

-

-

-

-

-

-

-

-

-

67,730

Demand deposits

-

-

-

-

-

-

-

-

-

-

2,481

Savings deposits

-

-

-

-

-

-

-

-

-

-

4,157

Time deposits

-

-

-

-

-

-

-

-

-

-

12,910

Federal funds purchased and securities sold under agreements to repurchase

-

-

-

-

-

-

85

114

174

210

320

Short-term borrowings

-

-

-

-

-

40

4

0

0

-

-

Subordinated notes

1,023

1,076

901

728

705

754

711

751

715

1,280

1,472

Federal Home Loan Bank advances

5,130

3,650

3,836

3,565

2,825

2,628

2,657

4,064

4,087

4,316

-

Interest Expense, Long-term Debt

637

757

519

145

232

297

188

0

0

-

5,296

Total interest expense

32,245

22,735

12,977

7,876

5,993

6,156

7,058

9,464

11,917

19,023

26,636

Net interest income

66,430

62,058

60,057

57,118

54,154

49,145

45,683

41,198

41,402

42,120

41,094

Provision for loan losses

600

-250

0

1,000

850

750

-850

625

550

6,050

24,500

Net interest income after provision for loan losses

65,830

62,308

60,057

56,118

53,304

48,395

46,533

40,573

40,852

36,070

16,594

Noninterest income:
Service charges on deposit accounts

-

-

-

-

2,609

2,790

2,923

3,009

3,244

3,361

4,021

Debit card usage fees

-

-

-

-

1,830

1,764

1,787

1,586

1,453

1,329

-

Service fee from SmartyPig, LLC

-

-

-

-

-

-

-

-

-

1,314

0

Debit card usage fees

-

-

-

-

-

-

-

-

-

-

1,123

Trust services

-

-

-

-

1,286

1,327

997

817

792

818

786

Revenue from residential mortgage banking

-

-

-

-

-

1,394

1,275

-

-

-

-

Revenue from residential mortgage banking

-

-

-

-

-

-

-

3,104

1,454

1,533

-

Gains and fees on sales of residential mortgages

-

-

-

-

-

-

-

-

-

-

1,114

Bank Owned Life Insurance Income

644

631

652

647

727

731

646

737

884

869

776

Gain from bank-owned life insurance

0

0

307

443

0

0

-

841

637

422

840

Gain (loss) on disposition of premises and equipment

-

-

-

-

-

1,069

-9

-125

-

-

-

Available-for-sale Securities, Gross Realized Gain (Loss), Excluding Other than Temporary Impairments

-87

-263

326

66

47

223

-

-

-

-

-

Investment securities impairment losses

-

-

-

-

-

-

-

203

99

305

-

Realized investment securities gains (losses), net

-

-

-

-

-

-

0

246

0

40

-

Other income

1,599

1,241

1,272

1,230

1,704

998

875

857

996

1,006

972

Total noninterest income

8,318

7,752

8,648

7,982

8,203

10,296

8,494

10,869

9,361

10,387

9,632

Noninterest expense:
Total other than temporary impairment losses

-

-

-

-

-

-

-

-

-

-

3,444

Portion of loss recognized in other comprehensive income (loss) before taxes

-

-

-

-

-

-

-

-

-

-

-832

Net impairment losses recognized in earnings

-

-

-

-

-

-

-

-

-

-

2,612

Realized securities gains, net

-

-

-

-

-

-

-

-

-

-

1,884

Investment securities (losses), net

-

-

-

-

-

-

-

-

-

-

-728

Salaries and employee benefits

21,790

18,791

17,633

16,731

16,065

16,086

15,757

14,532

13,194

10,996

9,938

Occupancy

5,355

4,996

4,406

4,033

4,105

4,165

3,906

3,519

3,342

3,207

3,451

Data processing

2,735

2,682

2,677

2,510

2,329

2,241

2,030

2,070

1,921

1,815

1,761

FDIC insurance

404

685

677

937

839

757

733

672

1,298

3,082

2,736

Other real estate owned

-

-

-

-

-

1,865

1,359

1,491

2,883

1,716

368

Professional fees

814

840

1,075

774

748

944

1,200

1,064

878

959

964

Director fees

993

1,014

950

888

881

714

584

448

-

-

-

Write-down of premises

0

333

0

0

-

-

-

-

-

-

-

Miscellaneous losses

-

-

-

-

-

-

736

195

455

1,330

70

Consulting fees

-

-

-

-

-

-

-

-

-

235

-

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

13,376

Other expenses

6,315

5,651

4,849

5,275

5,101

5,230

4,511

4,676

4,902

4,404

5,241

Total noninterest expense

38,406

34,992

32,267

31,148

30,068

32,002

30,816

28,667

28,873

27,744

37,905

Income before income taxes

35,742

35,068

36,438

32,952

31,439

26,689

-

-

-

-

-

Income before income taxes

-

-

-

-

-

-

24,211

22,775

21,340

18,713

-

Income before income taxes

-

-

-

-

-

-

-

-

-

-

-12,407

Income taxes

7,052

6,560

13,368

9,936

9,697

6,649

7,320

6,764

6,072

5,330

-

Income taxes (benefits)

-

-

-

-

-

-

-

-

-

-

-7,356

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-5,051

Loss from discontinued operations before income taxes

-

-

-

-

-

-

-

-

-

-

-10,262

Income tax benefits

-

-

-

-

-

-

-

-

-

-

-696

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-9,566

Net Income (Loss) Attributable to Parent

28,690

28,508

23,070

23,016

21,742

20,040

16,891

16,011

15,268

13,383

-14,617

Preferred stock dividends and accretion of discount

-

-

-

-

-

-

-

-

2,387

2,284

2,276

Net income available to common stockholders

-

-

-

-

-

-

-

-

12,881

11,099

-16,893

Basic earnings per common share

1.75

1.75

1.42

1.43

1.35

1.25

1.02

0.92

0.74

0.64

-

Diluted earnings per common share

1.74

1.74

1.41

1.42

1.35

1.25

1.02

0.92

0.74

0.64

-

Basic and diluted earnings (loss) per common share from continuing operations

-

-

-

-

-

-

-

-

-

-

-0.42

Basic and diluted (loss) per common share from discontinued operations

-

-

-

-

-

-

-

-

-

-

-0.55

Basic and diluted earnings per common share

-

-

-

-

-

-

-

-

-

-

-0.97

Deposit accounts [Member]
Revenue from contract with customer

2,492

2,541

2,632

2,461

-

-

-

-

-

-

-

Debit card usage fees [Member]
Revenue from contract with customer, including assessed tax

1,644

1,681

1,754

1,825

-

-

-

-

-

-

-

Trust services [Member]
Revenue from contract with customer, including assessed tax

2,026

1,921

1,705

1,310

-

-

-

-

-

-

-