|   | EXHIBIT      10.24 |
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|   | SEPARATION      AGREEMENT AND RELEASE |
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| 1. | Employee’s      employment relationship with Employer ended effective July 15, 2009,      (“Effective Date”) pursuant to Employee’s resignation which was provided      and accepted in lieu of termination. Employee’s salary, less applicable      withholdings and deductions, has been or will be paid through the      Effective Date. |
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| 2. | In      exchange for, and contingent upon, Employee’s resignation and the other      terms and conditions set forthherein: |
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|   | a) | Employer      acknowledges and agrees Employee’s resignation was involuntary in      nature. |
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|   | b) | Employer      agrees to provide Employee notice of Employee’s rights under and to comply      with the Consolidated Omnibus Budget Reconciliation Act      (“COBRA”).  Employee shall receive the maximum COBRA premium      assistance allowed under Title III of the American Recovery and      Reinvestment Act of 2009 (Pub. L.111-5). |
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|   | c) | Employer      agrees to pay Employee a lump sum in the gross amount of $38,942.27 (324      hours, 40.5 days) minus applicable withholdings and deductions in full and      final satisfaction of Employee’s accrued and unused    vacation. |
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|   | d) | Employer      agrees not to protest any application Employee makes for unemployment      compensation benefits, with the understanding the determination of      Employee’s qualification for such benefits is ultimately within the      discretion of Iowa WorkforceDevelopment. |
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|   | e) | Employer      shall pay all of Employee’s reasonable and ordinary unclaimed business      expenses that accrued on or prior to July 15,  2009. |
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|   | f) | If      at any time before July 15, 2012, the Department of the Treasury’s TARP      regulations, any controlling statute, or any other controlling regulations      are interpreted or changed so that Employer may in the future pay Employee      all or any part of a Termination Without Cause Severance Payment (as      defined in the May 23, 2008, Employment Agreement between Employee and      Employer (the “Employment Agreement”)) due to the resignation described      above, then Employer shall pay Employee all or the permitted portion of      the Severance Payment.  This section shall not be interpreted as      creating a deferral, a future entitlement, or a future re-instatement of a      currently prohibited payment.  Rather, the intent of this      section is to allow a severance payment if future controlling regulatory      authority retroactively authorizes the payment of a currently prohibited      payment.  This provision is subject to the condition stated in      paragraph 12 below. |
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|   | g) | Employer      shall at its expense provide for Employee’s coverage under such directors’      and officers’ liability insurance policies as shall from time to time be      in effect for Employer, officers, and employees for not less than six (6)      years following the Effective Date. |
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|   | h) | Employee      shall retain all rights existing through the Effective Date relating to      the pension, profit sharing, and 401(k) plans in which Employee has      participated prior to the EffectiveDate. |
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| 3. | Except      for ongoing obligations pursuant to the Employment Agreement, Employee, on      behalf of Employee and for anyone else who may make a claim on behalf of      Employee, knowingly and voluntarily releases and discharges Employer, and      any subsidiary companies, affiliates, operating groups, and its and their      officers, directors, employees, and agents (“Released Parties”) from all      causes of action, lawsuits, liabilities, rights or claims Employee may      have against the Released Parties as of the date Employee signs this      Agreement, whether now known or unknown, including, without limitation,      all liabilities, rights or claims arising from or in connection with      Employee’s employment with Employer and Employee’s separation from      Employer, including but not limited to all rights, claims, and causes of      action under the following statutes and court-made legal      principles: |
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|   | a) | The      Employee Retirement Income Security Act of 1974, as    amended; |
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|   | b) | Title      VII of the Civil Rights Act of 1964, asamended; |
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|   | c) | Civil      Rights Act of 1991; |
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|   | d) | The      Americans with Disabilities Act; |
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|   | e) | Any      applicable state Civil Rights acts and any other applicable Civil Rights      laws or regulations; |
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|   | f) | Any      applicable municipal civil rightsordinance; |
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|   | g) | The      Family and Medical Leave Act and any applicable state family and medical      leave statute; |
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|   | h) | Age      Discrimination in Employment act of 1967, as amended by the Older Workers’      Benefit Protection Act; |
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|   | i) | Any      applicable wage payment laws; |
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|   | j) | Any      express or implied contract right, except for any claim Employee may have      to a Severance Payment under the termination Without Cause provision set      forth in Section 4.4 of the Employment Agreement and except rights      identified in this Agreement including, without limitation, the COBRA      benefits, insurance coverage, indemnity, and other rights provided      herein; |
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|   | k) | Any      cause of action alleging defamation, invasion of privacy, breach of the      covenant of good faith and fair dealing, wrongful discharge in violation      of public policy, intentional infliction of emotional distress, or      promissory estoppel; and |
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|   | l) | Any      other common law or statutory claim, except for any claim Employee might      make for unemployment benefits during any applicable period for which he      is not receiving SeverancePayments. |
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| 4. | Except      for ongoing obligations pursuant to the Employment Agreement, Employer      hereby releases and discharges Employee from all causes of action,      lawsuits, liabilities, rights or claims Employer may have against Employee      as of the date Employee signs this Agreement, whether now known or      unknown, including all liabilities, rights, or claims arising from or in      connection with Employee’s employment by Employer except any liability,      right, or claim for which indemnification would not be available to      Employee under Section 3.9 of the Employment      Agreement.  Employer agrees to indemnify and save Employee      harmless from any and all claims, liabilities, causes of action, or      expenses of any nature incurred by Employee as a result of the employment      of Employee or the actions of Employee relating to employment conducted      prior to the Effective Date for the benefit of Employer to the fullest      extent permitted by the Articles of Incorporation and Bylaws of Employer      and to the fullest extent permitted bylaw. |
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| 5. | By      entering into this Agreement, neither Employer nor Employee claim or admit      to any liability or wrongdoing, and each denies that it has any liability      to the other or has acted wrongly toward the  other. |
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| 6. | Employee      has twenty-one (21) days from the date of receiving this document to      consider whether or not to execute this Agreement.  In the event      of such execution, Employee has a further period of seven (7) days from      the date of execution in which to revoke such execution, in which case      this Agreement shall become null and void and neither party shall have any      obligation under this Agreement.  This Agreement shall not      become effective or enforceable prior to the expiration of such seven (7)      day period. |
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| 7. | Notwithstanding      any other provision of this Agreement, Employee will retain all rights to      vested benefits, if any, under the Employer’s retirement plan, in      accordance with the terms of thatplan. |
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| 8. | Employer      and Employee agree not to disclose the terms of this Agreement to any      person or entity for any reason at any time without the prior written      consent of the other, except for disclosures to Employee’s immediate      family, to the parties’ attorneys, for tax purposes to the parties’      accountants or tax consultants, to state and federal authorities, or as      required by law. |
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| 9. | Employer      agrees to respond to reference inquiries concerning Employee’s employment      in accordance with its policy of providing only dates of employment and      title of last position held, and confirming the fact that Employee      resigned his employment. |
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| 10. | Employee      agrees not to make any disparaging private or public statements about      Employer or its employees, officers or directors.  Employer      agrees not to make any disparaging private or public statements about      Employee. |
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| 11. | Employee      agrees to cooperate with Employer in the truthful and honest prosecution      and/or defense of any claim in which Employer may have an interest (with      Employee having the right of reimbursement for reasonable expenses      actually incurred) which may include, without limitation, being available      to participate in any proceeding involving any of the Released Parties,      permitting interviews with representatives of Employer, appearing for      depositions and trial testimony, and producing and/or providing any      documents or names of other persons with relevant information in his      possession or control arising out of his employment in a reasonable time,      place and manner.  In addition to the reimbursement of      reasonable expenses, Employer will pay to Employee per diem compensation      at the rate of $250 per hour. |
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| 12. | Employee      and Employer acknowledge and re-affirm their ongoing obligations and      rights under the Employment Agreement except to the extent that Section      7.5 is specifically modified as follows.  Employer hereby waives      the restriction stated in Section 7.5 of the Employment Agreement that      Employee “shall not directly or indirectly engage in any other business in      which the Company engages during the Term of the      Agreement.”  Employer specifically acknowledges and agrees that      Employee may, at any time after the Effective Date, engage in the business      of banking, the business of asset management, or any other business in      which Employer has engaged at any time during the term of the Employment      Agreement, or provide services to any person or entity engaged in any such      business.  If Employee takes advantage of this waiver to work      for a competitor of Employer or any of its subsidiaries, then no payment      shall be made to Employee pursuant to paragraph 2(f)      above.  Employer further specifically acknowledges that engaging      in the business of banking, asset management, or any other business in      which Employer has engaged during the term of the Employment Agreement      will not, absent a specific prohibited act or omission, constitute a      violation by Employee of the confidentiality, non-disclosure,      non-solicitation, tampering, or intellectual property provisions of      Section 7 of the EmploymentAgreement. |
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| 13. | Employee      agrees that should there be a violation or attempted or threatened      violation of this Agreement, Employer or its successor may apply for and      obtain an injunction to restrain such violation or attempted or threatened      violation, to which injunction Employer or its successor shall be entitled      as a matter of right, Employee conceding that such cannot reasonably or      adequately be compensated in damages in an action at law, and that the      right to said injunction is necessary for the protection and preservation      of Employer’s or its successor’s rights and to prevent irreparable damages      to Employer or its successor.  Such injunctive relief shall be      in addition to such other rights and remedies as Employer or its successor      may have against Employee arising from any breach hereof on Employee’s      part. |
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| 14. | The      terms of this Agreement are separable so that if any term or provision is      invalid or unenforceable, that term will be modified to make it valid or      enforceable or deleted if incapable of being modified and the rest of this      Agreement will remain in full force and effect.  This Agreement      shall be controlled by the laws of the State of  Iowa. |
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| EMPLOYEE                                                                                                                                                                                                                                                                                                                                                                       | EMPLOYER                                                                                                                                                                                                                          |
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|   /s/      Thomas E.      Stanberry                                         Thomas      E. Stanberry  Date:  September      4, 2009 | West      Bancorporation, Inc. By:      /s/ Jack G.      Wahlig       Jack      G. Wahlig       Chairman Date:  September      18, 2009 |

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