Bailout Bank Bio: West Bancorporation

Jan 27, 2009 | 1 min read | Print Article

West 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.

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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.