Call reports 2002
WESTAMERICA BANK — 2002
What WESTAMERICA BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 3,937,306,000 | 4,043,869,000 | 4,180,961,000 | 4,198,167,000 |
| Total loans | 2,461,697,000 | 2,507,968,000 | 2,508,272,000 | 2,494,638,000 |
| Allowance for loan losses | 51,936,000 | 54,113,000 | 54,235,000 | 54,015,000 |
| Securities available for sale | 969,025,000 | 980,114,000 | 998,184,000 | 942,117,000 |
| Securities held to maturity | 201,113,000 | 266,295,000 | 384,684,000 | 423,825,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,260,998,000 | 3,322,857,000 | 3,292,095,000 | 3,302,413,000 |
| Interest-bearing deposits | 2,612,700,000 | 2,662,435,000 | 2,600,841,000 | 2,582,175,000 |
| Noninterest-bearing deposits | 648,298,000 | 660,422,000 | 691,254,000 | 720,238,000 |
| Equity capital | 302,636,000 | 321,157,000 | 328,800,000 | 328,945,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 58,860,000 | 117,881,000 | 178,364,000 | 237,337,000 |
| Interest expense | 10,175,000 | 20,134,000 | 29,874,000 | 38,164,000 |
| Net interest income | 48,685,000 | 97,747,000 | 148,490,000 | 199,173,000 |
| Noninterest income | 9,705,000 | 19,632,000 | 29,906,000 | 39,955,000 |
| Noninterest expense | 25,828,000 | 52,072,000 | 78,420,000 | 104,732,000 |
| Provision for loan losses | 900,000 | 1,800,000 | 2,700,000 | 3,600,000 |
| Pretax income | 31,644,000 | 59,229,000 | 92,998,000 | 126,518,000 |
| Income tax | 10,294,000 | 18,864,000 | 30,147,000 | 40,769,000 |
| Net income | 21,350,000 | 40,365,000 | 62,851,000 | 85,749,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 271,853,000 | 280,334,000 | 281,933,000 | 283,827,000 |
| Total capital | 317,970,000 | 326,831,000 | 326,429,000 | 328,313,000 |
| Risk-weighted assets | 2,994,410,000 | 3,024,382,000 | 3,053,813,000 | 3,053,039,000 |