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West Bancorporation, Inc. (WTBA)


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West Bancorporation, Inc.

1601 22nd Street
West Des Moines, IA 50266
United States
515-222-2300
http://www.westbankstrong.com

SectorFinancial
IndustryRegional - Southwest Banks
Full Time Employees165

Key Executives

NameTitlePayExercisedAge
Mr. David D. NelsonCEO, Pres, Director, Chairman of West Bank and CEO of West Bank725.27kN/A56
Mr. Douglas Ray GullingCFO, EVP &Treasurer517.48kN/A63
Mr. Brad Lee WinterbottomExec. VP, Pres of West Bank and Director of West Bank537.58kN/A60
Mr. Harlee N. OlafsonChief Risk Officer, EVP, Chief Risk Officer of West Bank, EVP of West Bank and Director of West Bank501.09kN/A59
Mr. John F. McKinney IIIVP, Gen. Counsel, First VP of West Bank and Gen. Counsel of West BankN/AN/AN/A
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

West Bancorporation, Inc. operates as the holding company for West Bank that provides community banking and trust services to individuals and small to medium-sized businesses in the United States. It offers various deposit products, including checking, savings, and money market accounts, as well as time certificates of deposit. The company also provides loan products comprising commercial real estate loans, construction and land development loans, commercial lines of credit, and commercial term loans; consumer loans, including loans extended to individuals for household, family, and other personal expenditures not secured by real estate; and real estate loans and residential mortgages. In addition, it offers trust services, including the administration of estates, conservatorships, personal trusts, and agency accounts. The company has eight offices in the Des Moines metropolitan area; one office in Iowa City; one office in Coralville; and one office in Rochester, Minnesota. West Bancorporation, Inc. was founded in 1893 and is based in West Des Moines, Iowa.

Corporate Governance

West Bancorporation, Inc.’s ISS Governance QualityScore as of June 2, 2017 is 3. The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 2; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.