{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-006310","form_type":"8-K","ticker":"WABC","cik":"0000311094","company_name":"WESTAMERICA BANCORPORATION","filed_at":"2023-10-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.612395+00:00","generated_at":"2026-06-09T21:14:16.392098+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Westamerica reports record Q3 2023 EPS of $1.56, net income $41.6M","bullets":["Net income $41.6M ($1.56 diluted EPS), up from Q2 2023 $40.2M ($1.51); ROE 18.3% annualized.","Net interest income (FTE) $72.1M, up from $70.3M QoQ; cost of funding 0.07%, low-cost deposit base with 48% non-interest checking.","Nonperforming assets stable at $1.2M; provision for credit losses $400K; allowance $17.7M at Sep 30.","Dividend paid $0.44 per share in Q3; no borrowings from Fed or correspondents; variable-rate assets $1.5B in CLOs.","Noninterest income $11.3M (incl. $278K life insurance gain); noninterest expenses $25.7M, well controlled."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-006310","json":"https://secwatch.observer/filing/0001171843-23-006310.json","markdown":"https://secwatch.observer/filing/0001171843-23-006310.md","text":"https://secwatch.observer/filing/0001171843-23-006310.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/311094/000117184323006310/0001171843-23-006310-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/311094/000117184323006310/f8k_101923.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T21:14:16.392098+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":"cc388573d3f3607244586b48dd44351afcb0aae8","claim":"WESTAMERICA BANCORPORATION reported third quarter 2023 results: net income $41.6 million, EPS $1.56.","evidence_excerpt":"Westamerica Bancorporation (Nasdaq: WABC), parent company of Westamerica Bank, generated net income for the third quarter 2023 of $41.6 million and diluted earnings per common share (“EPS”) of $1.56","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/311094/000117184323006310/0001171843-23-006310-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2023"},{"label":"Net income","value":"$41.6 million"},{"label":"EPS","value":"$1.56"},{"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"}