WEST BANCORPORATION INC (Form: 13F-HR, Received: 04/23/2026 10:25:04)

FORM 13F INFORMATION TABLE

COLUMN 1	COLUMN 2	COLUMN 3		COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
NAME OF ISSUER	TITLE OF CLASS	CUSIP	FIGI	VALUE (round to nearest dollar)	SHRS OR PRN AMT	SH / PRN	PUT / CALL	INVESTMENT DISCRETION	OTHER MANAGER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	FIGI	VALUE (round to nearest dollar)	SHRS OR PRN AMT	SH / PRN	PUT / CALL	INVESTMENT DISCRETION	OTHER MANAGER	SOLE	SHARED	NONE
Abbott Laboratories	COM	002824100	-	527,929	5,142	SH	-	DFND	1	5,142	0	0
Abbvie INC	COM	00287Y109	-	1,074,401	4,940	SH	-	DFND	1	4,940	0	0
Adams Diversified Equity FD	COM	006212104	-	1,026,422	46,890	SH	-	DFND	1	46,890	0	0
Alphabet INC	CAP STK CL A	02079K305	-	549,815	1,912	SH	-	DFND	1	1,912	0	0
Alphabet INC	CAP STK CL C	02079K107	-	1,825,577	6,364	SH	-	DFND	1	6,364	0	0
Altria Group INC	COM	02209S103	-	429,991	6,516	SH	-	DFND	1	6,516	0	0
Amazon com INC	COM	023135106	-	1,216,713	5,842	SH	-	DFND	1	5,842	0	0
American Electric Power Company INC	COM	025537101	-	325,209	2,481	SH	-	DFND	1	2,481	0	0
Amphenol Corp A	CL A	032095101	-	318,402	2,520	SH	-	DFND	1	2,520	0	0
Apple INC	COM	037833100	-	4,342,093	17,109	SH	-	DFND	1	17,109	0	0
AT&T INC	COM	00206R102	-	281,145	9,698	SH	-	DFND	1	9,698	0	0
Berkshire Hathaway INC	CL B NEW	084670702	-	804,098	1,678	SH	-	DFND	1	1,678	0	0
Broadcom INC	COM	11135F101	-	326,533	1,055	SH	-	DFND	1	1,055	0	0
Brookfield Asset Management Ltd Mngmt A	CL A LMT VTG SHS	113004105	-	4,137,895	93,091	SH	-	DFND	1	93,091	0	0
Caseys General Stores INC	COM	147528103	-	259,846	357	SH	-	DFND	1	357	0	0
Chemed Corp New	COM	16359R103	-	245,531	650	SH	-	DFND	1	650	0	0
Chevron Corp	COM	166764100	-	468,215	2,263	SH	-	DFND	1	2,263	0	0
Cisco Systems INC	COM	17275R102	-	650,592	8,385	SH	-	DFND	1	8,385	0	0
Corteva INC	COM	22052L104	-	362,464	4,330	SH	-	DFND	1	4,330	0	0
Costco Wholesale Corp	COM	22160K105	-	1,305,323	1,310	SH	-	DFND	1	1,310	0	0
DBX ETF TR	XTRACKRS S&P 500	233051143	-	240,284	4,035	SH	-	DFND	1	4,035	0	0
Eli Lilly And CO	COM	532457108	-	616,246	670	SH	-	DFND	1	670	0	0
Emerson Electric CO	COM	291011104	-	260,992	1,992	SH	-	DFND	1	1,992	0	0
Eog Resources INC	COM	26875P101	-	240,709	1,665	SH	-	DFND	1	1,665	0	0
Exxon Mobil Corp	COM	30231G102	-	512,034	3,018	SH	-	DFND	1	3,018	0	0
Factset Resh Sys Inc	COM	303075105	-	202,235	932	SH	-	DFND	1	932	0	0
Fastenal Co	COM	311900104	-	535,085	11,532	SH	-	DFND	1	11,532	0	0
Flexshares TR	QLT DIV DEF IDX	33939L845	-	212,640	2,664	SH	-	DFND	1	2,664	0	0
Goldman Sachs Equity Etf	ACTIVEBETA US LG	381430503	-	454,097	3,629	SH	-	DFND	1	3,629	0	0
Honeywell International INC	COM	438516106	-	337,237	1,492	SH	-	DFND	1	1,492	0	0
Industrial Select Sector SPDR	STATE STREET IND	81369Y704	-	203,295	1,257	SH	-	DFND	1	1,257	0	0
International Business Machines Corp	COM	459200101	-	379,340	1,565	SH	-	DFND	1	1,565	0	0
Invesco Exch Traded FD TR II	S&P500 PUR GWT	46137V266	-	802,245	17,164	SH	-	DFND	1	17,164	0	0
Invesco Exchange Traded FD T	RAFI US 1000 ETF	46137V613	-	615,133	12,942	SH	-	DFND	1	12,942	0	0
Invesco Exchange Traded FD T	S&P500 EQL WGT	46137V357	-	834,276	4,347	SH	-	DFND	1	4,347	0	0
Invesco Qqq Trust	UNIT SER 1	46090E103	-	3,492,516	6,051	SH	-	DFND	1	6,051	0	0
Ishares Gold Trust	ISHARES NEW	464285204	-	349,202	3,961	SH	-	DFND	1	3,961	0	0
ISHARES MSCI ACWI Index Fund	MSCI ACWI ETF	464288257	-	2,474,194	17,881	SH	-	DFND	1	17,881	0	0
ISHARES Russell Mid-Cap Value ETF	RUS MDCP VAL ETF	464287473	-	321,794	2,208	SH	-	DFND	1	2,208	0	0
ISHARES Tr	INTL SEL DIV ETF	464288448	-	245,018	5,757	SH	-	DFND	1	5,757	0	0
ISHARES Tr	S&P MC 400GR ETF	464287606	-	215,327	2,140	SH	-	DFND	1	2,140	0	0
ISHARES Tr	CORE S&P SCP ETF	464287804	-	280,692	2,258	SH	-	DFND	1	2,258	0	0
ISHARES Tr	MSCI EAFE ETF	464287465	-	459,522	4,731	SH	-	DFND	1	4,731	0	0
ISHARES Tr	CORE S&P TTL STK	464287150	-	642,787	4,513	SH	-	DFND	1	4,513	0	0
ISHARES Tr	CORE MSCI EAFE	46432F842	-	1,454,364	16,065	SH	-	DFND	1	16,065	0	0
ISHARES Tr	RUSSELL 2000 ETF	464287655	-	2,749,576	11,087	SH	-	DFND	1	11,087	0	0
ISHARES Tr	CORE S&P500 ETF	464287200	-	8,688,999	13,302	SH	-	DFND	1	13,302	0	0
ISHARES Tr	RUS MID CAP ETF	464287499	-	10,313,769	106,076	SH	-	DFND	1	106,076	0	0
ISHARES Tr	RUS 1000 VAL ETF	464287598	-	15,625,901	73,131	SH	-	DFND	1	73,131	0	0
ISHARES Tr	RUS 1000 GRW ETF	464287614	-	15,736,718	36,906	SH	-	DFND	1	36,906	0	0
J P MORGAN Exchange Traded F	EQUITY PREMIUM	46641Q332	-	677,326	11,950	SH	-	DFND	1	11,950	0	0
Johnson & Johnson	COM	478160104	-	422,881	1,730	SH	-	DFND	1	1,730	0	0
JPMORGAN Chase & CO	COM	46625H100	-	1,941,456	6,600	SH	-	DFND	1	6,600	0	0
L3harris Technologies INC	COM	502431109	-	293,032	849	SH	-	DFND	1	849	0	0
Lam Research Corp.	COM NEW	512807306	-	414,928	1,942	SH	-	DFND	1	1,942	0	0
Mastercard INC	CL A	57636Q104	-	293,800	588	SH	-	DFND	1	588	0	0
Mcdonalds Corp	COM	580135101	-	1,044,876	3,362	SH	-	DFND	1	3,362	0	0
Meta Platforms INC A	CL A	30303M102	-	1,075,604	1,880	SH	-	DFND	1	1,880	0	0
Microsoft Corp	COM	594918104	-	3,399,271	9,183	SH	-	DFND	1	9,183	0	0
Monster Beverage Corp	COM	61174X109	-	237,089	3,272	SH	-	DFND	1	3,272	0	0
Nushares ETF Tr	NUVEEN ESG SMLCP	67092P607	-	359,849	7,986	SH	-	DFND	1	7,986	0	0
Nvidia Corp	COM	67066G104	-	1,460,426	8,374	SH	-	DFND	1	8,374	0	0
Pepsico INC	COM	713448108	-	720,546	4,640	SH	-	DFND	1	4,640	0	0
Pfizer INC	COM	717081103	-	555,282	19,775	SH	-	DFND	1	19,775	0	0
Philip Morris International INC	COM	718172109	-	267,355	1,617	SH	-	DFND	1	1,617	0	0
Principal Financial Group INC	COM	74251V102	-	956,067	10,610	SH	-	DFND	1	10,610	0	0
Procter & Gamble CO	COM	742718109	-	492,540	3,410	SH	-	DFND	1	3,410	0	0
Public Service Enterprise Group INC	COM	744573106	-	246,007	3,039	SH	-	DFND	1	3,039	0	0
Pure Storage INC A	CL A	74624M102	-	253,813	4,299	SH	-	DFND	1	4,299	0	0
Ross Stores INC	COM	778296103	-	744,991	3,439	SH	-	DFND	1	3,439	0	0
Schwab Strategic Trust	US DIVIDEND EQ	808524797	-	1,672,674	54,520	SH	-	DFND	1	54,520	0	0
Southern CO	COM	842587107	-	947,440	9,816	SH	-	DFND	1	9,816	0	0
SPDR Gold Trust	GOLD SHS	78463V107	-	401,891	934	SH	-	DFND	1	934	0	0
SPDR S&P 500 EFT Trust	TR UNIT	78462F103	-	8,243,710	12,676	SH	-	DFND	1	12,676	0	0
SPDR SER TR	STATE STREET SPD	78464A763	-	391,849	2,685	SH	-	DFND	1	2,685	0	0
Uber Technologies INC	COM	90353T100	-	233,197	3,242	SH	-	DFND	1	3,242	0	0
Vanguard Admiral FDS INC	500 VAL IDX FD	921932703	-	703,076	3,450	SH	-	DFND	1	3,450	0	0
Vanguard Energy Index Fund Etf	ENERGY ETF	92204A306	-	258,695	1,495	SH	-	DFND	1	1,495	0	0
Vanguard Index FDS	VALUE ETF	922908744	-	3,070,530	15,650	SH	-	DFND	1	15,650	0	0
Vanguard Index FDS	MID CAP ETF	922908629	-	4,583,106	15,959	SH	-	DFND	1	15,959	0	0
Vanguard Index FDS	SMALL CP ETF	922908751	-	6,200,170	23,672	SH	-	DFND	1	23,672	0	0
Vanguard Index FDS	GROWTH ETF	922908736	-	6,793,832	15,554	SH	-	DFND	1	15,554	0	0
Vanguard Index FDS	S&P 500 ETF SHS	922908363	-	10,444,576	17,479	SH	-	DFND	1	17,479	0	0
Vanguard Intl Equity Index F	ALLWRLD EX US	922042775	-	2,997,316	39,911	SH	-	DFND	1	39,911	0	0
Vanguard Mid-cap Growth Index Fund Mid Cap Etf	MCAP GR IDXVIP	922908538	-	596,537	2,318	SH	-	DFND	1	2,318	0	0
Vanguard Mid-cap Value Index Fund Mid Cap Etf	MCAP VL IDXVIP	922908512	-	366,901	1,991	SH	-	DFND	1	1,991	0	0
Vanguard Small Cap Value Etf	SM CP VAL ETF	922908611	-	361,069	1,662	SH	-	DFND	1	1,662	0	0
Vanguard Small-cap Growth Index Fund Small Cap Etf	SML CP GRW ETF	922908595	-	413,176	1,367	SH	-	DFND	1	1,367	0	0
Vanguard specialized Funds	DIV APP ETF	921908844	-	2,088,233	9,710	SH	-	DFND	1	9,710	0	0
Vanguard Tax-Managed FDS	VAN FTSE DEV MKT	921943858	-	5,511,457	86,009	SH	-	DFND	1	86,009	0	0
Vanguard Whitehall FDS	INTL HIGH ETF	921946794	-	12,556,632	133,241	SH	-	DFND	1	133,241	0	0
Vanguard Whitehall FDS	HIGH DIV YLD	921946406	-	13,113,663	88,546	SH	-	DFND	1	88,546	0	0
Vanguard World FD	CONSUM DIS ETF	92204A108	-	244,140	680	SH	-	DFND	1	680	0	0
Visa INC	COM CL A	92826C839	-	258,415	855	SH	-	DFND	1	855	0	0
Walmart INC	COM	931142103	-	1,043,952	8,400	SH	-	DFND	1	8,400	0	0
Wells Fargo CO	COM	949746101	-	782,248	9,826	SH	-	DFND	1	9,826	0	0
West Bancorporation INC	CAP STK	95123P106	-	9,948,050	418,161	SH	-	DFND	1	418,161	0	0
Wisdomtree TR	US MIDCAP DIVID	97717W505	-	369,409	7,031	SH	-	DFND	1	7,031	0	0

	UNITED STATES SECURITIES AND EXCHANGE COMMISSION	OMB APPROVAL
	Washington, D.C. 20549 FORM 13F	OMB Number: 3235-0006 Estimated average burden hours per response: 23.8

Check here if Amendment:		Amendment Number:
This Amendment (Check only one.):		is a restatement.
		adds new holdings entries.

Name:	WEST BANCORPORATION INC
Address:	3330 Westown Parkway
	WEST DES MOINES	IA	50266

Form 13F File Number:		028-19827
CRD Number (if applicable):
SEC File Number (if applicable):

Name:	SueAnn Niehaus
Title:	Vice President/Trust Operations
Phone:	515-222-2399

Institutional Investment Manager Filing this Report:

Person Signing this Report on Behalf of Reporting Manager:

Signature, Place, and Date of Signing:

Report Type (Check only one.):

Form 13F Summary Page

Report Summary:

List of Other Included Managers:

FORM 13F INFORMATION TABLE

/s/ SueAnn Niehaus	West Des Moines, IOWA	04-23-2026
[Signature]	[City, State]	[Date]

Number of Other Included Managers:	1
Form 13F Information table Entry Total:	98
Form 13F Information table Value Total:	200,427,504
	(round to nearest dollar)

No.	Name	Form 13F File Number	CRD No. (if applicable)	SEC File No. (if applicable)	CIK
1	West Bank