Call reports 2024
WESTAMERICA BANK — 2024
What WESTAMERICA BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 6,417,341,000 | 6,267,282,000 | 6,122,740,000 | 6,038,088,000 |
| Total loans | 844,677,000 | 831,842,000 | 833,967,000 | 820,300,000 |
| Allowance for loan losses | 15,879,000 | 15,952,000 | 15,318,000 | 14,780,000 |
| Securities available for sale | 3,889,177,000 | 3,699,318,000 | 3,580,486,000 | 3,395,810,000 |
| Securities held to maturity | 868,726,000 | 860,869,000 | 850,262,000 | 844,635,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,358,036,000 | 5,134,386,000 | 5,068,935,000 | 5,014,531,000 |
| Interest-bearing deposits | 2,841,826,000 | 2,672,805,000 | 2,690,112,000 | 2,679,485,000 |
| Noninterest-bearing deposits | 2,516,210,000 | 2,461,581,000 | 2,378,823,000 | 2,335,046,000 |
| Equity capital | 572,850,000 | 572,838,000 | 642,424,000 | 591,386,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 68,572,000 | 137,469,000 | 205,088,000 | 267,295,000 |
| Interest expense | 3,023,000 | 8,355,000 | 14,031,000 | 17,531,000 |
| Net interest income | 65,549,000 | 129,114,000 | 191,057,000 | 249,764,000 |
| Noninterest income | 10,418,000 | 21,187,000 | 31,781,000 | 42,684,000 |
| Noninterest expense | 26,996,000 | 53,877,000 | 80,950,000 | 107,415,000 |
| Provision for loan losses | 300,000 | 300,000 | 300,000 | 300,000 |
| Pretax income | 48,671,000 | 96,124,000 | 141,588,000 | 184,733,000 |
| Income tax | 12,788,000 | 25,245,000 | 37,442,000 | 48,978,000 |
| Net income | 35,883,000 | 70,879,000 | 104,146,000 | 135,755,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 642,198,000 | 642,686,000 | 642,681,000 | 632,147,000 |
| Total capital | 664,279,000 | 664,841,000 | 664,201,000 | 653,129,000 |
| Risk-weighted assets | 4,315,843,000 | 4,256,566,000 | 4,179,198,000 | 4,124,428,000 |