WEST BANCORPORATION, INC.

West Bancorporation, Inc. is an Iowa corporation and a financial holding company formed in 1984. The company's primary activity in 2025 was the ownership of West Bank, an Iowa-chartered bank headquartered in West Des Moines, Iowa, which was organized in 1893. West Bank operates as a business-focused community bank. The company's and West Bank's sole business is banking, and therefore, no segment information is presented. As a financial holding company, West Bancorporation has the flexibility to engage in a broader range of financial activities through affiliates. The company currently operates in central Iowa, specifically the greater Des Moines metropolitan area; eastern Iowa, including the area surrounding Iowa City and Coralville; and southern Minnesota, encompassing the cities of Rochester, Owatonna, Mankato, and St. Cloud. West Bancorporation continues to grow, with total assets reaching $4.1 billion at the end of 2025, an increase of 3.2 percent from $4.0 billion at the end of 2024. Total deposits also increased by 3.3 percent, totaling $3.5 billion at the end of 2025, up from $3.4 billion at the end of 2024. The company focuses on expanding existing and establishing new customer relationships while maintaining strong credit quality.