SEC Filing Summary: West Bancorporation Inc. (Form 13F)
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by West Bancorporation Inc. for the reporting period ending December 31, 2021. The document discloses the company's equity holdings in registered securities as of the end of the quarter. It does not contain operational financial statements, management commentary, or forward-looking guidance.
Key Financial Metrics and Portfolio Composition
The filing details a diversified portfolio of stocks and exchange-traded funds (ETFs). Key observations include:
- Total Holdings: The portfolio consists of over 200 distinct issuers, including individual equities and broad market ETFs.
- Top Equity Holdings (by Value):
- West Bancorporation Inc. (Self-Held): 57,549 shares valued at $1,788,000.
- Microsoft Corp: 5,754 shares valued at $1,935,000.
- Apple Inc: 9,508 shares valued at $1,688,000.
- Home Depot Inc: 3,956 shares valued at $1,642,000.
- Casey's General Stores Inc: 8,000 shares valued at $1,579,000.
- Top ETF Holdings (by Value):
- iShares Russell Mid-Cap ETF: 110,987 shares valued at $9,213,000.
- iShares Russell 1000 Growth ETF: 33,564 shares valued at $10,257,000.
- Russell 1000 Value iShares ETF: 54,657 shares valued at $9,179,000.
- Vanguard FTSE Developed Markets ETF: 78,386 shares valued at $4,002,000.
- Voting Authority: West Bancorporation reported Sole voting authority for all listed positions.
Material Changes Versus Prior Period
Not Applicable. This filing is a snapshot of holdings as of December 31, 2021. The provided text does not contain comparative data from the prior quarter (September 30, 2021) or year-over-year changes. Therefore, material changes in position size or portfolio composition cannot be determined from this document alone.
Guidance, Outlook, and Risks
Not Applicable. Form 13F filings are strictly regulatory disclosures of equity ownership. They do not include:
- Management commentary or strategic outlook.
- Revenue or earnings guidance.
- Specific risk factors or contingencies related to the company's operations.
- Unusual items or non-recurring charges.
Investor Verification Checklist
- Portfolio Concentration: Verify the total market value of the disclosed holdings against the company's total assets to understand the proportion of capital allocated to this specific equity portfolio.
- Self-Holding: Note the significant holding of West Bancorporation's own stock (57,549 shares), which may indicate treasury stock management or specific corporate strategy.
- ETF Exposure: Confirm the specific exposure to mid-cap and large-cap growth/value indices through the heavy weighting in iShares and Vanguard ETFs.
- Missing Data: Acknowledge that this document provides no data on the company's core banking operations, loan portfolio, net interest margin, or liquidity position. Refer to the 10-K or 10-Q for operational metrics.