Item 8.01 Other Events

On December 3, 2008, the Department of Treasury preliminarily approved the application of West Bancorporation, Inc. (the "Company") to participate in the Troubled Asset Relief Program Capital Purchase Program in the amount of $36 million. The Company issued a press release announcing the preliminary approval on December 8, 2008. The preliminary approval is subject to certain conditions including approval by Company shareholders of an amendment to its Restated Articles of Incorporation to authorize the issuance of preferred stock. A special shareholders meeting is scheduled for December 23, 2008, to vote on that issue.

Item 9.01 Financial Statements and Exhibits.
Exhibit 99: Press Release of West Bancorporation, Inc. dated December 8, 2008

Certain statements in this report constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements preceded by, followed by or that include the words "believes," "expects," "should," or "anticipates," or references to estimates or similar expressions. Such forward-looking statements are based upon certain underlying assumptions, risks and uncertainties. Because of the possibility of change in the underlying assumptions, actual results could differ materially from these forward-looking statements. The Company may not complete a sale of preferred stock under the Treasury's program because of a number of factors, including, among other things, the failure to obtain shareholder approval of the amendment to the restated articles of incorporation, or the failure to satisfy other closing conditions. The Company undertakes no obligation to revise or update such forward-looking statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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