Unassociated Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of Earliest Event Reported):            June 4, 2009


West Bancorporation, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)


Iowa
  
0-49677
  
42-1230603
_____________________
  
_____________
  
______________
(State or other jurisdiction
  
(Commission
  
(I.R.S. Employer
of incorporation)
  
File Number)
  
Identification No.)


1601 22nd Street, West Des Moines, Iowa
  
50266
_________________________________
  
__________
(Address of principal executive offices)
  
(Zip Code)


Registrant’s telephone number, including area code:                                                                                                 515-222-2300


Not Applicable
______________________________________________
Former name or former address, if changed since last report


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
Item 2.06 Material Impairments.

West Bank, a wholly-owned subsidiary of West Bancorporation, Inc., determined on June 4, 2009, that a $4.5 million charge for impairment of a loan was required.  West Bank was in the process of collecting a past due loan made to an individual who had been a customer of West Bank since 1988 when it discovered an apparent misrepresentation of assets.

West Bank does not believe any material assets will be recovered.
 
 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 
West Bancorporation, Inc.
     
June 10, 2009
    
 
 
By:    Douglas R. Gulling
   
Name: Douglas R. Gulling
   
Title: Executive Vice President and Chief Financial Officer