Fact Sheet

Bailout Bank Bio: West Bancorporation

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January 27, 2009
Programs: Budget & Tax

West Bank LogoWest Bancorporation, Inc. operates as the holding company for West Bank, which provides commercial banking products and services to residential and commercial customers in the Des Moines and Iowa City metropolitan areas. The company operates seven branches in the Des Moines metropolitan area, two branches in Iowa City, and one office in Coralville and is headquartered in West Des Moines, Iowa. The company will receive $36 million through the Treasury Department’s Capital Purchase Program.


Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles


Bailout Bank Bio: West Bancorporation, Inc.

 

Federal Equity Investment

$36 million

Total Revenue

$98.08 million (2007)

Net Income

$18.92 million (2007)

Number of Employees

158

Corporate Headquarters

West Des Moines, Iowa

Business Sector

Financial

Officers and Directors

Stanberry, Thomas, Chairman of the Board, President, Chief Executive Officer; Chairman and CEO of Bank

Other Officers and Directors

Corporate Website

http://www.westbankiowa.com/

Executive Compensation

West Bancorporation Inc.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

►Financial Documents

2008-12-24 West Banc 8K

2008-09-30 West Banc 10Q

2008 West Banc Proxy

2007 West Banc Annual Report

2007 West Banc 10K

Federal contracts

No federal contracts located.

Lobbying reports (if any)

Third Quarter 2008

No lobbying records located.

Political Contributions

No political contributions located.

Related Articles

January 3, 2009 West Bancorp. takes $36 million in bailout DesMoines Register

December 31, 2008 West Bancorp gets $36M from stock, warrant sale Forbes

 

Last Updated January 27, 2009

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