West Bancorporation · NASDAQ:WTBA
West Bancorporation — Shareholder Meeting (April 2011)
8 slides from West Bancorporation's shareholder meeting presentation, Apr 29, 2011
Slide 1: 2011 Shareholders' Meeting April 28, 2011
2011 Shareholders’ Meeting April 28, 2011
Slide 2: Quarterly Net Income Available to Common Shareholders
Quarterly Net Income Available to Common Shareholders ($ in 000's) Qtr Net Income (Loss) 1Q 2009 $ 2,374 2Q 2009 $ (22,849 ) 3Q 2009 $ 1,334 4Q 2009 $ 2,248 1Q 2010 $ 2,770 2Q 2010 $ 2,031 3Q 2010 $ 3,369 4Q 2010 $ 2,929 1Q 2011 $ 3,959
Slide 3: Level of Nonperforming Assets
Level of Nonperforming Assets ($ in 000’s) 90 Days Past Due Nonaccrual Loans OREO TDR's Investments Total 2007 $ 408 $ 5,469 $ 155 $ — $ — $ 6,032 2008 $ 92 $ 21,367 $ 4,352 $ 7,376 $ 2,575 $ 35,762 2009 $ 1,150 $ 12,350 $ 25,350 $ 12,817 $ 1,282 $ 52,949 2010 $ 198 $ 7,945 $ 19,193 $ 4,787 $ 1,339
Slide 4: Consolidated Capital Measures
Consolidated Capital Measures 3.31.11 12.31.10 12.31.09 12.31.08 Tangible common equity as % of total tangible assets 9.0 % 8.5 % 6.3 % 6.7 % Tangible common equity ($000’s) $ 115,652 $ 110,803 $ 98,763 $ 102,662 Total tangible assets ($000’s) $ 1,291,499 $ 1,305,338 $ 1,574,782 $ 1,540,423
Slide 5: West Bank's Regulatory Capital Ratios
West Bank’s Regulatory Capital Ratios 3.31.11 12.31.10 12.31.09 12.31.08 Requirements to be well-capitalized Risk-based capital as % of risk-weighted assets 18.2% 16.6% 13.9% 13.1% 10.0% Tier I Capital as % of risk-weighted assets 17.0% 15.3% 11.8% 11.0% 6.0% Tier I Capital as % of average assets 11
Slide 6: Peer Perspective – Asset Quality
Peer Perspective – Asset Quality 12/31/10 “Texas” Ratio Nonaccrual & Past Due (90 days) Loans as % of Total Loans Net Charge-offs as % of Av Loans Bankers Trust 22.49% 1.31% 0.48% First American 48.94% 4.90% 2.63% Hills Bank 7.29% 0.85% 0.56% MidwestOne 22.51% 3.04% 0.72% National Peer Group 28.20%
Slide 7: Peer Perspective – Capital Ratios
Peer Perspective – Capital Ratios 12/31/10 Total Risk Based Capital Ratio Tier I Leverage Ratio Net Income (Loss) ($ in 000’s) Total Assets ($ in 000’s) Bankers Trust 12.56% 8.24% $ 15,429 $ 2,656,841 First American 11.73% 6.85% $ (55,572 ) $ 1,548,582 Hills Bank 13.54% 9.66% $ 23,561 $ 1,929,671 Mi
Slide 8: 2011 Shareholders' Meeting April 28, 2011
2011 Shareholders’ Meeting April 28, 2011
West Bancorporation — Shareholder Meeting (April 2011) on 6ix