{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-25-000282","form_type":"8-K","ticker":"WABC","cik":"0000311094","company_name":"WESTAMERICA BANCORPORATION","filed_at":"2025-01-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.932417+00:00","generated_at":"2026-05-28T00:30:14.465538+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Westamerica Q4 net income $31.7M ($1.19 EPS), down from Q3's $35.1M","bullets":["Net interest income (FTE) $59.2M vs $62.5M in Q3; yield on earning assets fell to 4.25% from 4.45%.","Noninterest income $10.6M (Q3: $11.9M, which included $1.6M one-time gains).","Nonperforming assets stable at $0.7M; allowance for credit losses $14.8M; no provision.","Operating expenses well controlled at 37% of total revenues; Q4 dividend $0.44 per share.","Cost of funding loan and bond portfolios annualized at 0.24% (Q3: 0.37%)."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-25-000282","json":"https://secwatch.observer/filing/0001171843-25-000282.json","markdown":"https://secwatch.observer/filing/0001171843-25-000282.md","text":"https://secwatch.observer/filing/0001171843-25-000282.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/311094/000117184325000282/0001171843-25-000282-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/311094/000117184325000282/f8k_011625.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T00:30:14.465538+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}