Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - WEST BANCORPORATION INC | wtba-20110429form8xk.htm |
| EX-99.1 - EX-99.1 - WEST BANCORPORATION INC | wtba-20110429exhibit991.htm |
EXHIBIT 99.2
2011 Shareholders’ Meeting
April 28, 2011
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 | |
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 | $ | 33,462 | ||||||
1Q11 | $ | — | $ | 6,324 | $ | 16,149 | $ | 1,543 | $ | 1,427 | $ | 25,443 | ||||||
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 | ||||
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 | 11.9% | 10.7% | 8.9% | 9.4% | 5.0% |
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% | 3.29% | 1.26% |
West Bank | 10.32% | 0.91% | 0.67% |
12/31/10 FDIC Call Reports. National Peer Group consists of all banks with total assets between $1 billion and $3 billion. Texas Ratio is noncurrent loans and securities plus other real estate owned divided by tangible equity plus loan loss reserves.
Peer Perspective – Capital Ratios
12/31/10
Total Risk Based Capital Ratio | Tier I Leverage Ratio | Net Income (Loss) ($ 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 | ||
MidwestOne | 13.21% | 9.14% | $ | 11,254 | $ | 1,561,942 | ||
National Peer Group | 14.04% | 8.91% | N/A | N/A | ||||
West Bank | 16.54% | 10.67% | $ | 13,399 | $ | 1,290,140 | ||
12/31/10 FDIC Call Reports. National Peer Group consists of all banks with total assets between $1 billion and $3 billion.
2011 Shareholders’ Meeting
April 28, 2011