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S-3/A Filing
West Bancorporation (WTBA) S-3/AShelf registration (amended)
Filed: 27 Mar 09, 12:00am
Year Ended December 31 | ||||||||||||||||||||
(dollars in thousands) | 2008 | 2007 | 2006 | 2005 | 2004 | |||||||||||||||
Excluding Interest on Deposits: | ||||||||||||||||||||
Income before income taxes | $ | 9,260 | $ | 27,396 | $ | 28,535 | $ | 29,470 | $ | 28,185 | ||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense | 9,910 | 13,672 | 9,200 | 9,161 | 6,510 | |||||||||||||||
1/3 of net rent expense | 525 | 542 | 498 | 331 | 294 | |||||||||||||||
Total fixed charges | 10,435 | 14,214 | 9,698 | 9,492 | 6,804 | |||||||||||||||
Preferred dividend requirement | - | - | - | - | - | |||||||||||||||
Fixed charges and preferred dividends | $ | 10,435 | $ | 14,214 | $ | 9,698 | $ | 9,492 | $ | 6,804 | ||||||||||
Earnings | $ | 19,695 | $ | 41,610 | $ | 38,233 | $ | 38,962 | $ | 34,989 | ||||||||||
Ratio of earnings to fixed charges | 1.89 | 2.93 | 3.94 | 4.10 | 5.14 | |||||||||||||||
Ratio of earnings to fixed charges and preferred dividends | 1.89 | 2.93 | 3.94 | 4.10 | 5.14 | |||||||||||||||
Including Interest on Deposits: | ||||||||||||||||||||
Income before income taxes | $ | 9,260 | $ | 27,396 | $ | 28,535 | $ | 29,470 | $ | 28,185 | ||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense | 31,431 | 43,823 | 40,669 | 25,102 | 13,952 | |||||||||||||||
1/3 of net rent expense | 525 | 542 | 498 | 331 | 294 | |||||||||||||||
Total fixed charges | 31,956 | 44,365 | 41,167 | 25,433 | 14,246 | |||||||||||||||
Preferred dividend requirement | - | - | - | - | - | |||||||||||||||
Fixed charges and preferred dividends | $ | 31,956 | $ | 44,365 | $ | 41,167 | $ | 25,433 | $ | 14,246 | ||||||||||
Earnings | $ | 41,216 | $ | 71,761 | $ | 69,702 | $ | 54,903 | $ | 42,431 | ||||||||||
Ratio of earnings to fixed charges | 1.29 | 1.62 | 1.69 | 2.16 | 2.98 | |||||||||||||||
Ratio of earnings to fixed charges and preferred dividends | 1.29 | 1.62 | 1.69 | 2.16 | 2.98 |