WABC - Westamerica Bancorporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Westamerica Bancorporation

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

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees762

Key Executives

NameTitlePayExercisedYear Born
Mr. David L. PayneChairman, Pres & CEO640.81kN/A1955
Mr. John A. ThorsonSr. VP & CFO338.71k304.39k1960
Mr. George S. EnsingerSr. VP & HR Division Mang.166.97k45.67k1954
Mr. Brian J. DonohoeSr. VP and Operations & Systems Division Mang.N/AN/A1981
Ms. Diane CunninghamCorp. Exec. Sec.N/AN/AN/A
Amounts are as of December 31, 2018 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 provides banking solutions. The bank offers demand deposits and interest and non-interest bearing time and savings deposits. The company's deposits include jumbo deposits and retail time deposits. The company provides commercial and industrial loans, consumer loans, commercial real estate loans, and other loans and leases. The company offers consumer loans, including credit card loans, revolving credit plans, and automotive loans. The company offers commercial real estate loans for land development and on-site construction of industrial, commercial, residential, or farm buildings in the United States; real estate-backed residential loans; and commercial loans collateralized by real estate properties. The company offers domestic and foreign commercial and industrial loans. The bank offers loans for the purpose of financing agricultural production; loans which include planned and unplanned overdrafts, to governments in non-U.S. countries, to their official institutions, and to international and regional institutions. For 2017, the company has an asset value of 5.6 million USD. It has generated a net income of 71,564 USD in December 31, 2017. The company was formerly known as Independent Bankshares Corporation and changed its name to Westamerica Bancorporation in December 1982. Westamerica Bancorporation was founded in 1972 and is based in San Rafael, California.

Corporate Governance

Westamerica Bancorporation’s ISS Governance QualityScore as of October 4, 2019 is 1. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 1; Compensation: 3.

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.