West Bancorporation Inc. - Form 13F Information Table Summary
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by West Bancorporation Inc. for the reporting period ending June 30, 2024. The document discloses the equity securities held by the company as of the end of the quarter. It is a regulatory disclosure of investment holdings and does not contain the company's own operational financial results (e.g., revenue, net income, or cash flow).
Key Financial Metrics and Holdings
The filing details a diversified portfolio of equity securities and exchange-traded funds (ETFs). Key metrics derived from the table include:
- Total Portfolio Value: The sum of the "Value" column for all listed securities is approximately $187,500,000 (calculated from the provided line items).
- Top Holdings by Value:
- West Bancorporation Inc. (Own Stock): $7,909,061 (441,847 shares)
- Apple Inc.: $3,145,820 (3,145,820 shares)
- Microsoft Corp: $4,099,872 (9,173 shares)
- Alphabet Inc. (Class C): $1,112,809 (1,112,809 shares)
- Nvidia Corp: $1,188,825 (9,623 shares)
- Significant ETF Exposure: The portfolio includes substantial positions in broad market and factor-based ETFs, including:
- ISHARES Russell Midcap ETF: $8,846,558
- ISHARES Russell 1000 Growth ETF: $12,559,192
- Russell 1000 Value Ishare ETF: $9,835,223
- ISHARES Core S&P 500 ETF: $6,666,903
- Voting Authority: West Bancorporation Inc. reports Sole voting authority for all listed securities.
Material Changes
The filing text provided is a static snapshot of holdings as of June 30, 2024. It does not contain comparative data for the prior quarter (March 31, 2024) or year-over-year figures. Therefore, material changes versus the prior comparable period cannot be determined from this document alone.
Guidance, Outlook, and Risks
Guidance and Outlook: This Form 13F filing does not contain management commentary, forward-looking guidance, or strategic outlook for West Bancorporation Inc.'s banking operations.
Risks and Contingencies: The filing includes a standard SEC disclaimer stating that the Commission has not reviewed the information for accuracy. No specific risk factors or contingencies related to the company's business operations are disclosed in this specific table.
Important Facts for Investor Verification
- Document Type: Verify that this is a Form 13F (investment disclosure) and not a 10-Q or 10-K (operational financial report). It does not show the bank's earnings or loan portfolio performance.
- Own Stock Position: Note the significant holding of West Bancorporation Inc. common stock ($7.9M), which may represent treasury stock or a specific investment account.
- Portfolio Composition: The portfolio is heavily weighted toward large-cap technology stocks (Apple, Microsoft, Nvidia, Alphabet) and broad market ETFs, suggesting a passive or index-tracking investment strategy for the disclosed assets.
- Missing Data: Revenue, profit margins, liquidity ratios, and debt levels for West Bancorporation Inc. are not present in this filing and must be sourced from the company's quarterly (10-Q) or annual (10-K) reports.