THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

West Bancorporation, Inc. (WTBA)

3/7/2006 Proxy Information

Certain directors and executive officers of the Company, their associates, or members of their families were customers of and have had transactions with the Bank from time to time in the ordinary course of business, and additional transactions are expected to occur in the ordinary course of business in the future. All loans and commitments included in such transactions have been made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other persons. In the opinion of management of the Company, such loan transactions do not involve more than the normal risk of collectibility or present other unfavorable features.

The Bank leases two branch facilities from a company that is 33 1/3% owned by Mr. Coppola. Mr. Coppola also serves as the president of the lessor. Annual lease payments on those two branch facilities totaled approximately $167,000 in 2005. One lease, which was modified in 2005, expires in 2030, and the other expires in 2018. The latter lease contains options to renew for up to 25 additional years. Terms of the original leases were consummated prior to Mr. Coppola being named a director in 1996.

The Audit Committee has conducted an appropriate review of these transactions for conflict of interest situations and has approved or ratified same.

3/10/2005 Proxy Information

Certain directors and executive officers of the Company, their associates or members of their families, were customers of, and have had transactions with, the Bank from time to time in the ordinary course of business, and additional transactions may be expected to take place in the ordinary course of business in the future. All loans and commitments included in such transactions have been made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other persons. In the opinion of management of the Company, such loan transactions do not involve more than the normal risk of collectability or present other unfavorable features.

The Bank leases two branch facilities from a company that is 33 1/3% owned by Mr. Coppola. Mr. Coppola also serves as the president of the lessor. Annual lease payments on those two branch facilities totaled approximately $155,000 for 2004. One lease, which was renewed in 2004, expires in 2009 and the other expires in 2018. Both leases contain options to renew for up to 20 and 25 additional years, respectively. Terms of the original leases were consummated prior to Mr. Coppola being named a director in 1996.

Said transactions referred to in the two immediately preceding paragraphs are hereby disclosed under Regulation S-K, Item 404. To that end, and pursuant to NASD Rule 4350(h), the Audit Committee has conducted an appropriate review of these transactions for conflict of interest situations and has approved or ratified same.