{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-002426","form_type":"8-K","ticker":"WABC","cik":"0000311094","company_name":"WESTAMERICA BANCORPORATION","filed_at":"2023-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.719688+00:00","generated_at":"2026-06-16T22:51:00.308917+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Westamerica Bancorp Q1 2023 net income $40.5M, EPS $1.51, up from Q4","bullets":["Net income $40.5M, diluted EPS $1.51 vs Q4 2022 $39.3M and $1.46.","Provision for credit losses reversal of $1.6M (increased EPS $0.04) from $2.2M commercial loan recovery.","Net interest income (FTE) $69.6M, up from $69.2M; funding cost unchanged at 0.03%.","Nonperforming assets $785K at March 31, 2023; annualized ROE 19.1%.","Quarterly dividend $0.42 per common share paid in Q1 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-002426","json":"https://secwatch.observer/filing/0001171843-23-002426.json","markdown":"https://secwatch.observer/filing/0001171843-23-002426.md","text":"https://secwatch.observer/filing/0001171843-23-002426.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/311094/000117184323002426/0001171843-23-002426-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/311094/000117184323002426/f8k_042023.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T22:51:00.308917+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"279a7eaaff6bba3df2ae1417ab019ea20b50c2b5","claim":"WESTAMERICA BANCORPORATION reported first quarter 2023 results: net income $40.5 million, EPS $1.51.","evidence_excerpt":"Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the first quarter 2023 of $40.5 million and diluted earnings per common share (\"EPS\") of $1.51.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/311094/000117184323002426/0001171843-23-002426-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Net income","value":"$40.5 million"},{"label":"EPS","value":"$1.51"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}