Call reports 2023
WESTAMERICA BANK — 2023
What WESTAMERICA BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 6,661,179,000 | 6,538,595,000 | 6,520,076,000 | 6,320,142,000 |
| Total loans | 938,628,000 | 919,583,000 | 885,850,000 | 866,602,000 |
| Allowance for loan losses | 19,509,000 | 18,480,000 | 17,744,000 | 16,867,000 |
| Securities available for sale | 4,217,513,000 | 4,046,458,000 | 3,906,233,000 | 3,999,801,000 |
| Securities held to maturity | 909,320,000 | 900,357,000 | 888,857,000 | 878,397,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,902,479,000 | 5,709,575,000 | 5,701,665,000 | 5,476,558,000 |
| Interest-bearing deposits | 3,111,944,000 | 2,985,893,000 | 2,976,623,000 | 2,869,442,000 |
| Noninterest-bearing deposits | 2,790,535,000 | 2,723,682,000 | 2,725,042,000 | 2,607,116,000 |
| Equity capital | 528,814,000 | 512,864,000 | 484,770,000 | 578,535,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 69,473,000 | 139,809,000 | 212,505,000 | 283,383,000 |
| Interest expense | 485,000 | 1,100,000 | 2,249,000 | 3,946,000 |
| Net interest income | 68,988,000 | 138,709,000 | 210,256,000 | 279,437,000 |
| Noninterest income | 10,829,000 | 21,938,000 | 33,504,000 | 44,781,000 |
| Noninterest expense | 27,057,000 | 53,827,000 | 80,789,000 | 107,632,000 |
| Provision for loan losses | -1,550,000 | -1,550,000 | -1,150,000 | -1,150,000 |
| Pretax income | 54,310,000 | 108,245,000 | 163,996,000 | 217,611,000 |
| Income tax | 14,334,000 | 28,559,000 | 43,546,000 | 58,630,000 |
| Net income | 39,976,000 | 79,686,000 | 120,450,000 | 158,981,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 632,645,000 | 637,226,000 | 642,857,000 | 641,252,000 |
| Total capital | 658,356,000 | 661,908,000 | 666,804,000 | 664,321,000 |
| Risk-weighted assets | 4,643,271,000 | 4,508,037,000 | 4,411,111,000 | 4,433,746,000 |