West Bancorporation Inc Income Statement

Income Statement Dec2009 Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 24.50M6.05M0.55M0.62M-0.85M0.75M0.85M1.00M-0.25M0.60M12.00M-1.50M-2.50M0.70M2.00M
Revenue 50.73M52.51M50.76M52.07M54.18M59.44M62.36M2.46M2.63M2.54M2.49M2.36M2.67M2.71M3.07M3.45M
Interest income
Interest income - Loans 59.31M53.22M46.64M44.28M44.99M47.44M52.56M57.42M63.24M71.19M85.51M90.67M95.58M107.09M142.92M166.22M
Interest Income - Debt Securities 5.24M4.40M4.90M4.68M5.17M5.23M5.10M5.28M5.50M8.12M10.03M7.82M8.54M12.52M13.70M13.03M
Interest Income - Fed Funds 0.52M0.54M0.23M0.19M0.12M0.04M0.08M0.11M0.33M0.49M1.11M0.30M0.29M0.20M0.17M7.59M
Interest Income - Total 67.73M61.14M53.32M50.66M52.74M55.30M60.15M64.99M73.03M84.79M98.67M100.23M107.28M123.35M160.31M190.07M
Interest expenses
Interest Expense - Deposits 12.91M13.22M6.94M4.54M3.41M2.43M2.19M3.39M7.62M17.06M25.21M11.26M7.95M22.63M66.80M97.28M
Interest Expense - Debt 5.30M4.32M4.09M4.06M2.66M2.63M2.83M3.56M3.84M3.65M5.13M4.71M2.94M2.87M7.69M10.31M
Interest Expense - Fed Funds 0.32M0.21M0.17M0.11M0.09M0.01M0.05M0.05M0.10M0.19M0.24M0.02M0.01M1.76M9.53M4.25M
Interest Expense - Others 0.76M0.64M0.40M0.32M1.68M2.81M2.43M
Interest Expenses 26.64M19.02M11.92M9.46M7.06M6.16M5.99M7.88M12.98M22.73M32.24M17.40M12.22M31.61M91.27M118.70M
Interest Income - Net 41.09M42.12M41.40M41.20M45.68M49.15M54.15M57.12M60.06M62.06M66.43M82.83M95.06M91.74M69.03M71.36M
Non-interest income
Interest Income - Total 16.59M36.07M40.85M40.57M46.53M48.40M53.30M56.12M60.06M62.31M65.83M70.83M96.56M94.24M68.33M70.36M
Financial Services Fees 1.57M0.07M0.83M0.43M
Service Charges 4.02M3.36M3.24M3.01M2.92M2.79M2.61M2.46M2.63M
Investment Gain (Loss) 1.88M0.04M0.25M-0.49M-0.43M-1.17M
Investment Banking Income 1.06M1.53M1.45M3.10M1.08M1.25M0.01M
Income - Trust 0.79M0.82M0.79M0.82M1.00M1.33M1.29M1.31M1.71M
Mortgage Banking 1.27M1.39M0.16M0.15M
Card Income 1.33M1.45M1.59M1.79M1.76M1.83M1.82M1.75M
Other Non-Interest Income 2.74M6.92M4.76M2.58M1.63M1.22M1.70M1.23M1.27M1.24M1.60M1.29M1.82M1.54M1.75M0.02M
Non-Interest Income 9.63M10.39M9.36M10.87M8.49M10.30M8.20M7.98M8.65M7.75M8.32M9.60M9.73M10.21M10.07M8.43M
Operating Items
Amortization - Intangibles 3.96M3.06M2.25M1.95M2.46M2.88M3.15M3.27M3.96M4.99M2.02M1.44M2.86M3.53M3.52M3.22M
Research & Development 1.76M1.81M1.92M2.07M2.03M2.24M2.33M2.51M2.68M2.68M2.57M2.33M2.46M2.60M2.79M2.99M
Wages, Salaries and Other 9.94M11.00M13.19M14.53M15.76M16.09M16.07M16.73M17.63M18.79M21.79M21.59M23.23M25.84M27.06M27.59M
Rent Expense 3.45M3.21M3.34M3.52M3.91M4.17M4.11M4.03M4.41M5.00M4.89M4.88M5.16M4.91M5.51M7.32M
Other Operating Expenses 32.69M22.72M23.61M23.08M24.88M25.60M23.63M24.61M25.18M27.31M30.95M31.84M35.75M37.54M40.31M41.04M
Operating Expenses 37.91M27.74M28.87M28.67M30.82M32.00M30.07M31.15M32.27M34.99M38.41M39.05M43.38M45.05M48.61M51.35M
EBIT 14.23M37.74M33.26M32.24M31.27M32.84M37.43M40.83M49.41M57.80M67.99M58.78M75.13M91.01M121.06M146.15M
Non-operating items
Non Operating Investment Income -0.73M-0.27M-0.10M
Net income details
EBT -12.41M18.71M21.34M22.77M24.21M26.69M31.44M32.95M36.44M35.07M35.74M41.38M62.91M59.40M29.79M27.44M
Tax Provisions -7.36M5.33M6.07M6.76M7.32M6.65M9.70M9.94M13.37M6.56M7.05M8.67M13.30M13.00M5.65M3.39M
Profit After Tax -14.62M13.38M15.27M16.01M16.89M20.04M21.74M23.02M23.07M28.51M28.69M32.71M49.61M46.40M24.14M24.05M
Income from Continuing Operations -5.05M13.38M15.27M16.01M16.89M20.04M21.74M23.02M23.07M28.51M28.69M32.71M49.61M46.40M24.14M24.05M
Consolidated Net Income -10.26M13.38M15.27M16.01M16.89M20.04M21.74M23.02M23.07M28.51M28.69M32.71M49.61M46.40M24.14M24.05M
Income towards Parent Company -10.26M13.38M15.27M16.01M16.89M20.04M21.74M23.02M23.07M28.51M28.69M32.71M49.61M46.40M24.14M24.05M
Preferred Dividend Payments 2.28M2.28M2.39M
Net Income towards Common Stockholders -16.89M11.10M12.88M16.01M16.89M20.04M21.74M23.02M23.07M28.51M28.69M32.71M49.61M46.40M24.14M24.05M
Additional items
EPS (Basic) -0.970.640.740.921.021.251.351.431.421.751.751.993.002.791.441.43
EPS (Weighted Average and Diluted) 0.640.740.921.021.251.351.421.411.741.741.982.952.761.441.42
Shares Outstanding (Weighted Average) 17.40M17.40M17.40M16.14M16.22M16.30M16.38M16.47M16.55M16.64M16.73M16.83M
Tax Rate 59.29%28.48%28.45%29.70%30.23%24.91%30.84%30.15%36.69%18.71%19.73%20.95%21.14%21.88%18.97%12.36%