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West Bank parent is top notch, trade magazine says

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West Bancorporation Inc. in West Des Moines and Hills Bancorporation in Hills are among the top performing publicly traded banks in the country, according to the current edition of Bank Director magazine. The publication typically breaks its rankings into three categories, based on asset size. The model remains, with West Bancorporation ranked No. 12 and Hills Bancorporation ranked No. 15. This year, Bank Director also lumped all three categories — assets of $1 billion to $5 billion, $5 billion to $50 billion, and $50 billion and above — for a national ranking. In that listing, West Bancorporation was 21st and Hills Bancorporation 24th. The rankings were compiled by Sandler O’Neill + Partners based on data from S&P Global Market Intelligence. Rankings were based on profitability, capital adequacy and asset quality.