West Bancorporation Inc., headquartered in West Des Moines, finished 2025 “very strong,” its president and CEO David Nelson said in a news release. “Through proactive and strategic balance sheet management, we see opportunities for further improvements in 2026. West Bank remains focused on relationship building and outstanding service and support. Our customer base continues to grow in all of our markets.”

In its fourth-quarter and year-end results, West Bancorporation reported:

• Annual net income in 2025 of nearly $32.6 million, or 1.92 cents per diluted common share. In 2024, the company’s net income was $24.1 million, or $1.42 per diluted common share.
• Over $2.97 billion in net loans at the end of 2025, a slight drop from 2024. Thirty-five percent of West Bancorporation’s loan portfolio was for non-owner-occupied commercial properties; 15% for multifamily properties.
• Over $3.41 billion in deposits at the end of 2025, $49 million less than the $3.46 billion in deposits at the end of 2024. West Bancorporation’s end of 2025 deposit mix included 50% of funds in savings and money market accounts; 17% in interest-bearing demand accounts; 16% in non-interest-bearing demand accounts; 13% in timed accounts such as certificates of deposit; and 4% in brokered accounts.
• A quarterly dividend of 25 cents per share that will be payable Feb. 25 to stockholders of record on Feb. 11.

West Bancorporation is the parent company of West Bank, which has 11 locations in Iowa and Minnesota. For more information about West Bancorporation’s fourth-quarter earnings, click here.