West Bancorporation reports second-quarter income
West Bancorporation Inc., the parent company of West Bank, today reported second-quarter net income of $3.9 million, a 51 percent increase from the company’s second-quarter 2010 net income of $2.6 million. On July 27, the company declared a quarterly common stock dividend of 5 cents per share, payable on Aug. 30, to shareholders of record on Aug. 8. Total loans outstanding as of June 30 were $838 million, down from $961 million a year earlier but up from $831 million as of March 31.