WEST BANCORPORATION INC WTBA Income Statement

West bancorporation inc (WTBA)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Interest income:
Loans, including fees
87,435	85,512	82,899	79,043	75,103	71,189	68,366	65,873	64,747	63,242	61,617	60,661	58,922	57,419	56,289	54,704	53,400	52,556	51,438	50,059	48,732	47,440	46,311	45,759	45,414	44,992	44,570	44,116	43,995	44,277	44,863	45,609	46,037	46,640	48,386	50,237	0	0	0
Investment securities:
Taxable
10,086	10,031	9,534	9,385	8,639	8,124	7,741	6,934	6,287	5,501	4,734	4,236	4,073	4,201	4,401	4,427	4,393	4,363	4,329	4,503	4,733	4,938	5,182	5,357	5,404	5,173	4,807	4,559	4,368	4,240	4,127	4,052	4,050	4,193	4,340	4,437	0	0	0
Tax-exempt
1,482	2,022	2,801	3,647	4,468	4,993	5,153	5,035	4,544	3,960	3,458	3,157	3,161	3,266	3,320	3,329	3,266	3,147	3,092	3,024	2,966	2,878	2,775	2,730	2,631	2,457	2,246	2,041	1,953	1,954	2,014	2,092	2,151	2,252	2,449	2,736	0	0	0
Federal funds sold
1,241	1,110	970	437	504	487	444	502	395	331	273	164	105	108	79	80	91	81	62	48	45	45	63	69	66	119	161	177	212	191	193	200	215	234	286	426	0	0	0
Total interest income
100,244	98,675	96,204	92,512	88,714	84,793	81,704	78,344	75,973	73,034	70,082	68,218	66,261	64,994	64,089	62,540	61,150	60,147	58,921	57,634	56,476	55,301	54,331	53,915	53,515	52,741	51,784	50,893	50,528	50,662	51,464	52,307	0	-	0	0	-	-	-
Interest expense:
Deposits
24,296	25,214	24,891	22,888	20,016	17,064	14,116	11,456	9,439	7,622	6,074	4,838	3,881	3,391	2,964	2,592	2,319	2,185	2,197	2,289	2,375	2,426	2,673	2,935	3,156	3,413	3,522	3,722	4,135	4,535	0	0	0	-	-	-	-	-	-
Federal funds purchased
170	241	267	311	248	188	157	109	80	99	125	113	91	47	44	45	46	46	9	9	9	11	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Demand deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0
Savings deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0
Time deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0
Federal funds purchased and securities sold under agreements to repurchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	85	101	101	104	114	132	151	165	174	183	203	0	0	0
Short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	44	41	25	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Subordinated notes
1,026	1,023	1,023	1,052	1,080	1,076	1,053	998	937	901	862	799	753	728	712	722	721	705	692	755	752	754	765	703	707	711	717	726	735	751	752	740	732	715	902	1,092	0	0	0
Federal Home Loan Bank advances
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term debt
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Federal Home Loan Bank advances
-	-	-	0	-	-	-	3,710	3,751	3,836	3,757	3,679	3,610	3,565	3,375	3,179	2,973	2,825	2,764	2,726	2,705	2,628	2,621	2,629	2,639	2,657	2,991	3,353	3,710	4,064	0	0	0	-	-	-	-	-	-
Interest Expense, Long-term Debt
-	-	677	714	-	757	764	781	682	519	365	192	132	145	163	189	213	232	247	262	278	297	323	344	271	188	98	5	0	-	0	0	-	0	0	0	0	0	0
Total interest expense
31,239	32,245	31,505	29,242	26,183	22,735	19,758	17,054	14,889	12,977	11,144	9,590	8,453	7,876	7,265	6,731	6,260	5,993	5,966	6,096	6,176	6,156	6,418	6,665	6,848	7,058	7,429	7,907	8,684	9,464	10,184	10,872	11,350	11,917	13,549	15,986	0	0	0
Net interest income
69,005	66,430	64,699	63,270	62,531	62,058	61,946	61,290	61,084	60,057	58,938	58,628	57,808	57,118	56,824	55,809	54,890	54,154	52,955	51,538	50,300	49,145	47,913	47,250	46,667	45,683	44,355	42,986	41,844	41,198	41,013	41,081	41,103	41,402	41,912	41,850	0	0	0
Provision for loan losses
1,600	600	300	-400	-400	-250	-250	150	150	0	100	300	800	1,000	1,350	1,350	1,050	850	900	800	750	750	250	-850	-1,000	-850	-525	775	775	625	-100	-400	50	550	2,950	4,350	0	0	0
Net interest income after provision for loan losses
67,405	65,830	64,399	63,670	62,931	62,308	62,196	61,140	60,934	60,057	58,838	58,328	57,008	56,118	55,474	54,459	53,840	53,304	52,055	50,738	49,550	48,395	47,663	48,100	47,667	46,533	44,880	42,211	41,069	40,573	41,113	41,481	41,053	40,852	38,962	37,500	0	0	0
Noninterest income:
Service charges on deposit accounts
-	-	-	-	-	-	-	-	-	-	-	2,477	2,465	-	2,522	2,553	2,585	2,609	2,618	2,668	2,731	2,790	2,839	2,873	2,894	2,923	2,963	2,984	2,987	3,009	3,061	3,157	3,224	3,244	3,286	3,242	0	0	0
Debit card usage fees
-	-	-	-	-	-	-	-	-	-	-	1,801	1,818	-	1,835	1,848	1,842	1,830	1,825	1,805	1,789	1,764	1,742	1,826	1,804	1,787	1,744	1,620	1,601	1,586	1,561	1,536	0	-	0	0	-	-	-
Service fee from SmartyPig, LLC
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Debit card usage fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Trust services
-	-	-	-	-	-	-	-	-	-	-	1,547	1,405	-	1,288	1,235	1,258	1,286	1,258	1,319	1,334	1,327	1,267	1,170	1,076	997	965	900	852	817	786	760	777	792	811	834	0	0	0
Revenue from residential mortgage banking
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	1,909	2,513	2,868	3,104	2,502	0	0	-	0	-	-	-	-
Gains and fees on sales of residential mortgages
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-
Gains and fees on sales of residential mortgages
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Bank Owned Life Insurance Income
650	644	645	635	625	631	636	645	656	652	639	632	633	647	669	692	706	727	747	762	766	731	688	652	640	646	658	677	698	737	788	830	862	884	887	890	0	0	0
Loan swap fees
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain from bank-owned life insurance
-	-	-	-	-	-	-	-	-	307	307	307	307	443	443	443	443	0	0	0	0	-	-	-	-	-	-	-	-	-	0	0	-	637	1,057	1,057	0	0	0
Available-for-sale Securities, Gross Realized Gain (Loss), Excluding Other than Temporary Impairments
-5	-87	-224	-303	-351	-263	-200	75	329	326	429	232	63	66	60	60	36	47	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment securities impairment losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	203	256	272	145	99	0	0	0	-	-
Realized investment securities gains (losses), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	506	506	0	0	0	279	246	246	246	-33	0	0	0	0	-	-
Realized investment securities gains, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
1,347	1,599	1,446	1,603	1,565	1,241	1,330	1,126	1,264	1,272	1,321	1,329	1,221	1,230	1,721	1,723	1,703	1,704	1,114	1,028	1,018	998	991	969	925	875	852	821	845	857	855	915	905	996	1,017	1,019	0	0	0
Total noninterest income
8,719	8,318	7,978	7,934	7,958	7,752	7,958	8,108	8,401	8,648	8,670	8,325	7,912	7,982	8,538	8,554	8,573	8,203	8,520	9,207	9,603	10,296	9,619	9,127	8,826	8,494	8,942	9,360	10,689	10,869	10,658	10,321	9,091	9,361	10,105	10,813	0	0	0
Noninterest expense:
Total other than temporary impairment losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Portion of loss recognized in other comprehensive income (loss) before taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net impairment losses recognized in earnings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Realized securities gains, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Investment securities (losses), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Salaries and employee benefits
21,614	21,790	21,053	20,387	19,738	18,791	18,479	18,135	17,809	17,633	17,303	17,027	16,812	16,731	16,658	16,560	16,331	16,065	16,078	15,983	15,965	16,086	15,854	15,900	15,899	15,757	15,601	15,280	14,865	14,532	14,489	14,176	13,775	13,194	12,411	11,813	0	0	0
Occupancy
5,482	5,355	5,221	5,092	5,006	4,996	4,822	4,659	4,532	4,406	4,376	4,327	4,179	4,033	3,987	3,980	4,007	4,105	4,148	4,189	4,203	4,165	4,096	4,008	3,984	3,906	3,824	3,720	3,595	3,519	3,476	3,437	3,383	3,342	3,284	3,239	0	0	0
Data processing
2,727	2,735	2,753	2,728	2,686	2,682	2,666	2,631	2,665	2,677	2,692	2,700	2,619	2,510	2,440	2,392	2,334	2,329	2,353	2,304	2,293	2,241	2,141	2,127	2,069	2,030	2,003	2,047	2,052	2,070	2,073	1,997	1,971	1,921	1,894	1,863	0	0	0
FDIC insurance
422	404	590	762	742	685	662	641	626	677	737	858	932	937	933	870	855	839	816	797	778	757	747	739	725	733	703	704	695	672	703	736	915	1,298	1,946	2,613	0	0	0
Other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,865	619	1,753	1,629	1,359	1,401	504	1,425	1,491	2,181	3,591	2,778	2,883	1,927	827	0	0	0
Professional fees
819	814	879	871	840	840	958	946	1,016	1,075	880	885	833	774	792	797	778	748	785	840	884	944	1,012	1,049	1,161	1,200	1,131	1,121	1,075	1,064	977	998	948	878	986	915	0	0	0
Director fees
976	993	998	1,013	1,016	1,014	1,011	1,003	988	950	913	875	859	888	911	935	933	881	831	788	749	714	670	645	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Write-down of premises
-	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Miscellaneous losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	0	0
Consulting fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-	-	-	-
Other expenses
6,485	6,315	6,522	6,188	5,888	5,651	4,907	4,949	4,875	4,849	4,871	5,073	5,158	5,275	5,520	5,263	5,183	5,101	5,479	5,423	5,264	5,230	4,286	4,244	4,435	4,511	4,776	4,708	4,812	4,676	4,731	5,002	4,851	4,902	4,985	4,788	0	0	0
Total noninterest expense
38,525	38,406	38,016	37,041	36,249	34,992	33,838	33,297	32,511	32,267	31,772	31,745	31,392	31,148	31,241	30,797	30,421	30,068	31,688	31,525	31,446	32,002	30,494	31,521	31,572	30,816	29,959	28,650	29,048	28,667	29,485	30,699	29,262	28,873	27,751	27,199	0	0	0
Income before income taxes
37,599	35,742	34,361	34,563	34,640	35,068	36,316	35,951	36,824	36,438	35,736	34,908	33,528	32,952	32,771	32,216	31,992	31,439	30,327	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,706	24,921	24,211	23,863	22,921	22,710	22,775	21,257	21,559	0	-	0	0	-	-	-
Income before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Income taxes
7,719	7,052	6,051	6,646	6,617	6,560	10,841	11,204	12,476	13,368	10,829	10,593	10,102	9,936	9,845	9,677	9,657	9,697	7,248	7,144	6,964	6,649	8,304	7,922	7,578	7,320	7,355	7,024	6,728	6,764	6,442	5,928	6,167	6,072	5,738	5,819	0	0	0
Net Income (Loss) Attributable to Parent
29,880	28,690	28,310	27,917	28,023	28,508	25,475	24,747	24,348	23,070	24,907	24,315	23,426	23,016	22,926	22,539	22,335	21,742	21,639	21,276	20,743	20,040	18,484	17,784	17,343	16,891	16,508	15,897	15,982	16,011	15,844	15,175	14,715	15,268	15,477	14,997	0	0	0
Preferred stock dividends and accretion of discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,387	2,959	3,531	0	0	0
Net income available to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,881	12,518	11,466	0	0	0
Basic earnings per common share
0.49	0.46	0.46	0.41	0.42	0.43	0.44	0.42	0.46	0.25	0.40	0.39	0.38	0.38	0.36	0.34	0.35	0.36	0.34	0.33	0.32	0.35	0.32	0.30	0.28	0.27	0.27	0.25	0.23	0.22	0.22	0.25	0.23	-	0.18	0.12	-	-	-
Diluted earnings per common share
0.49	0.45	0.46	0.41	0.42	0.45	0.43	0.41	0.45	0.26	0.39	0.39	0.37	0.37	0.36	0.34	0.35	0.36	0.34	0.33	0.32	0.36	0.32	0.30	0.27	0.27	0.27	0.25	0.23	0.22	0.22	0.25	0.23	-	0.18	0.12	-	-	-
Basic and diluted earnings per common share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.23	0.19	0.12
Cash dividends declared per common share
-	-	-	-	-	-	-	-	-	-	0.18	0.18	0.17	-	0.17	0.17	0.16	-	0.16	0.16	0.14	-	0.12	0.12	0.11	-	0.11	0.10	0.10	-	0.10	0.08	0.08	-	0.05	0.05	0.00	0.00	0.00
Service charges on deposit accounts [Member]
Revenue from contract with customer, including assessed tax
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debit card usage fees [Member]
Revenue from contract with customer, including assessed tax
1,651	1,644	1,662	1,658	1,657	1,681	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trust services [Member]
Revenue from contract with customer, including assessed tax
2,006	2,026	1,992	1,865	1,959	1,921	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-