West Bancorporation, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 29, 2021 at 07:11 am EDT
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West Bancorporation, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced net interest income was USD 22.850 million compared to USD 20.747 million a year ago. Net income was USD 13.239 million compared to USD 7.969 million a year ago. Basic earnings per share from continuing operations was USD 0.8 compared to USD 0.48 a year ago. Diluted earnings per share from continuing operations was USD 0.79 compared to USD 0.48 a year ago. For the half year, net interest income was USD 45.971 million compared to USD 39.211 million a year ago. Net income was USD 24.991 million compared to USD 16.058 million a year ago. Basic earnings per share from continuing operations was USD 1.51 compared to USD 0.98 a year ago. Diluted earnings per share from continuing operations was USD 1.49 compared to USD 0.97 a year ago.
West Bancorporation, Inc., is a financial holding company. The Company owns West Bank (the Bank), which is a business-focused community bank. The Bank provides full-service community banking and trust services to customers. The Bank offers range of credit to its customers, including commercial, real estate, and consumer loans. It also offers trust services, including the administration of estates, conservatorships, personal trusts, and agency accounts. The Company operates in the markets, including central Iowa, which is generally the greater Des Moines metropolitan area; eastern Iowa, which includes the area surrounding Iowa City and Coralville, and southern Minnesota, which includes the cities of Rochester, Owatonna, Mankato, and St. Cloud. The Bank offers a full range of deposit services, including checking, savings and money market accounts and time certificates of deposit. It also offers online banking, mobile banking, and treasury management services.
WEST BANCORPORATION, INC. 
