Name | Value |
---|---|
Revenues | 20.2M |
Cost of Revenue | -28.5M |
Gross Profit | 48.6M |
Operating Expense | 0.2M |
Operating I/L | 7.4M |
Other Income/Expense | 7.4M |
Interest Income | 48.6M |
Pretax | 7.4M |
Income Tax Expense | 1.5M |
Net Income/Loss | 6.0M |
West Bancorporation, Inc. operates as a financial holding company for West Bank, offering community banking and trust services to individuals and small- to medium-sized businesses. The company generates revenue through various deposit products, including checking, savings, and money market accounts, as well as time certificates of deposit. It also provides a range of loan products such as commercial real estate loans, consumer loans, and residential mortgages. Additionally, the company offers trust services, internet and mobile banking, treasury management services, and merchant credit card processing services. West Bancorporation, Inc. has a strong presence in the Des Moines area and several other locations in Iowa and Minnesota.