WABC
Westamerica BancorporationยทNASDAQ
--
--(--)
Market Open: --
--
--(--)
Pre-Market: --
WABC Profile
Westamerica Bancorporation
The holding company for Westamerica Bank
1108 Fifth Avenue, San Rafael, California 94901
--
Westamerica Bancorporation is a registered bank holding company. Through its subsidiary bank, Westamerica Bank, it provides comprehensive banking services to corporate and individual customers in Northern and Central California. Banks are subordinate to financial and non-financial institutions as well as certain institutions' regulations and regular inspections by regulators. The Company was incorporated in 1972 as an "independent Bankshares company" under California law under a reorganization plan of three previously unaffiliated Northern California banks. The company plans to acquire five banks in its current market area in the early to mid-1990. The Company's main sources of income are the difference between net interest income or income from earning interest on loans, interest-bearing deposits and other borrowings paid on investment securities and interest expenses.
