WABC - Westamerica Bancorporation

NasdaqGS - NasdaqGS Delayed Price. Currency in USD

Westamerica Bancorporation

1108 Fifth Avenue
San Rafael, CA 94901
United States
415-257-8000
http://www.westamerica.com

SectorFinancial
IndustryRegional - Pacific Banks
Full Time Employees783

Key Executives

NameTitlePayExercisedAge
Mr. David L. PayneChairman, CEO & Pres615.53kN/A62
Mr. John A. ThorsonCFO, Chief Accounting Officer & Sr. VP327.95k224.56k57
Mr. Dennis R. HansenSr. VP of Operations & Systems and Systems Division Mang.254.56kN/A67
Mr. Russell W. RizzardiSr. VP & Chief Credit Administrator190.96k227.71k62
Mr. Kris IrvineVP and Corp. Sec.N/AN/AN/A
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Westamerica Bancorporation operates as a bank holding company for Westamerica Bank that provides various banking products and services to individual and commercial customers in Northern and Central California. The company accepts various deposit products, including retail savings and checking accounts; interest and non-interest bearing demand deposits; money market checking deposits; and certificates of deposit, as well as invests in securities. Its loan portfolio includes commercial, commercial real estate, real estate construction, residential real estate, and consumer installment loans, as well as other loans primarily comprising indirect automobile loans. The company operates through 85 branch offices in 21 counties. The company was formerly known as Independent Bankshares Corporation and changed its name to Westamerica Bancorporation in 1983. Westamerica Bancorporation was founded in 1972 and is headquartered in San Rafael, California.

Corporate Governance

Westamerica Bancorporation’s ISS Governance QualityScore as of December 1, 2017 is 1. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 1; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.