---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-000330"
form_type: "8-K"
ticker: "WABC"
cik: "0000311094"
company_name: "WESTAMERICA BANCORPORATION"
filed_at: "2023-01-19T23:59:59+00:00"
generated_at: "2026-06-20T13:27:22.477225+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Westamerica Q4 net income $39.3M ($1.46 EPS) vs Q3 $34.8M ($1.29)

## Summary
- Net interest income (FTE) rose to $69.2M in Q4 from $60.8M in Q3; loan/bond/cash yield 3.98% vs 3.47%.
- Funding cost remained 0.03%; non-interest bearing deposits were 47% of average deposits.
- Nonperforming assets only $774K at Dec 31, 2022; quarterly dividend $0.42 per share.
- Annualized return on average common equity 18.6%; noninterest income $10.5M excluding a life insurance gain.

## SEC filing metadata
- accession: 0001171843-23-000330
- form_type: 8-K
- ticker: WABC
- cik: 0000311094
- company_name: WESTAMERICA BANCORPORATION
- filed_at: 2023-01-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/311094/000117184323000330/0001171843-23-000330-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/311094/000117184323000330/f8k_011923.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-000330
- JSON: https://secwatch.observer/filing/0001171843-23-000330.json
- Plain text: https://secwatch.observer/filing/0001171843-23-000330.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.