Second-quarter profits a record for West Bancorporation
West Bancorporation Inc. reported second-quarter net income of $5.5 million, or 34 cents per share, the highest second-quarter profit level ever recorded by the parent of West Bank. In the second quarter of 2015, West Bancorporation reported net income of $5.3 million, or 33 cents per share. For the first six months of 2016, net income was $11.2 million, or 69 cents per share, up from $10.4 million, or 65 cents per diluted common share, for the same period last year. Profits were driven by higher net interest income that resulted from strong loan growth.
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