Call reports 2008
WESTAMERICA BANK — 2008
What WESTAMERICA BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 4,306,325,000 | 4,150,847,000 | 4,050,058,000 | 4,007,679,000 |
| Total loans | 2,448,320,000 | 2,431,011,000 | 2,408,704,000 | 2,382,426,000 |
| Allowance for loan losses | 52,234,000 | 50,965,000 | 50,097,000 | 44,470,000 |
| Securities available for sale | 473,572,000 | 387,026,000 | 299,669,000 | 285,455,000 |
| Securities held to maturity | 1,016,613,000 | 978,297,000 | 962,621,000 | 949,326,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,200,367,000 | 3,165,245,000 | 3,132,773,000 | 3,099,042,000 |
| Interest-bearing deposits | 2,475,052,000 | 2,448,701,000 | 2,428,938,000 | 2,388,989,000 |
| Noninterest-bearing deposits | 725,315,000 | 716,544,000 | 703,835,000 | 710,053,000 |
| Equity capital | 420,762,000 | 412,277,000 | 388,478,000 | 389,295,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 55,373,000 | 108,005,000 | 158,856,000 | 208,231,000 |
| Interest expense | 12,111,000 | 19,895,000 | 26,819,000 | 30,998,000 |
| Net interest income | 43,262,000 | 88,110,000 | 132,037,000 | 177,233,000 |
| Noninterest income | 20,695,000 | 24,242,000 | 38,319,000 | 51,835,000 |
| Noninterest expense | 29,796,000 | 44,504,000 | 69,451,000 | 95,737,000 |
| Provision for loan losses | 600,000 | 1,200,000 | 1,800,000 | 2,700,000 |
| Pretax income | 39,259,000 | 54,168,000 | 45,419,000 | 74,922,000 |
| Income tax | 12,169,000 | 13,676,000 | 4,414,000 | 11,950,000 |
| Net income | 27,090,000 | 40,492,000 | 41,005,000 | 62,972,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 281,198,000 | 267,923,000 | 253,201,000 | 253,478,000 |
| Total capital | 323,393,000 | 309,267,000 | 293,840,000 | 293,688,000 |
| Risk-weighted assets | 2,875,471,000 | 2,808,579,000 | 2,752,592,000 | 2,723,438,000 |