West Bancorporation, Inc. (NASDAQ:WTBA)
A holding company for West Bank, which provides commercial banking services primarily in Iowa. The bank offers various deposit products, including checking accounts, savings & money market accounts and demand deposit accounts.
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West Bank is being acquired by another regional bank at a lower share price that currently listed. Offer made Sept 8 at $12.76 by American Equity. See the story at Des Moines Register: http://www.desmoinesregister.com/apps/pbcs.dll/article?AID=/20080919/BUSINESS/809190373/1029
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Tough economic environment for banks.
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