Westamerica Bank
Westamerica Bank reported total assets of $5.8 bn at Q2 2026, down 0.3% on a year earlier, the 254th largest of 497 banks in our US coverage. The CET1 capital ratio at Westamerica Bank was 16.23%, and the uninsured share of Westamerica Bank was 49.57%. Source: FDIC Call Reports.
Key takeaways
- On noncurrent loans to total loans, Westamerica Bank climbed from 305th to 43rd among 500 US banks between and (1 = lowest; FDIC Call Reports).
- Westamerica Bank reports one of the lowest loan-to-deposit ratio readings among banks of $1 bn to $10 bn: 13.78% at , where the median of the 339 banks is 88.61% (FDIC Call Reports).
- Over the year to , the net loans and leases of Westamerica Bank fell by 10.4% to $658.0 mn, a bigger fall than at 97% of covered banks (FDIC Call Reports).
What sets Westamerica Bank apart
- The noncurrent loans to total loans of Westamerica Bank, 0.12% at , places Westamerica Bank in the bottom tenth of banks of $1 bn to $10 bn (group median 0.58%).
How large is Westamerica Bank?
The balance sheet of Westamerica Bank at : assets $5.8 bn, deposits $4.8 bn, net loans $658.0 mn (loans equal to 13.78% of deposits). Securities make up 77.1% of total assets at Westamerica Bank. Since , when Westamerica Bank held $5.2 bn, its assets grew 11.8%. In the year to , deposits at Westamerica Bank rose 0.5% while its total assets fell 0.3%. At , Westamerica Bank employed 573 full-time equivalent staff across 75 offices, about $10.1 mn of assets per employee and $63.7 mn of deposits per office.
How much funding at Westamerica Bank is uninsured?
At Westamerica Bank, uninsured deposits (above the FDIC limit) made up 49.57% of domestic deposits at (+1.73 pp on a year earlier); Westamerica Bank ranks 87th of 500 on this measure. In dollars, Westamerica Bank estimated $2.4 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $4.8 bn | +0.5% | 259th of 499 |
| Net loans and leases | $658.0 mn | -10.4% | 493rd of 500 |
| Loan-to-deposit ratio | 13.78% | -1.68 pp | 492nd of 500 |
| Tier 1 leverage ratio | 10.27% | -0.17 pp | 258th of 500 |
| Total risk-based capital ratio | 16.69% | +0.57 pp | 97th of 448 |
| Net interest margin | 3.86% | -0.16 pp | 179th of 500 |
| Return on assets (ROA) | 1.84% | -0.18 pp | 71st of 500 |
| Efficiency ratio | 42.49% | +3.48 pp | 70th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $17.4 mn | Widened by $686,000 | |
| Unrealized gain/loss on available-for-sale securities | Loss of $166.9 mn | Widened by $1.2 mn | |
| Noncurrent loans to total loans | 0.12% | -0.54 pp | 43rd of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.14% | +0.02 pp | 305th of 500 (1 = lowest) |
US rank of Westamerica Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Westamerica Bank: assets, deposits and loans
- Total assets $5.8bn
- Deposits $4.8bn
- Net loans $658mn
Capital and securities
The CET1 ratio of Westamerica Bank stood at 16.23% in , +0.62 pp year on year. Low and high at Westamerica Bank since : 11.11% () to 16.23% (). Equity capital of Westamerica Bank at : $604.8 mn, or 10.5% of total assets. Westamerica Bank also reported a total capital ratio of 16.69% for , and a tier 1 leverage ratio of 10.27%.
On held-to-maturity securities, Westamerica Bank carried an unrealized loss of $17.4 mn at , equal to 2.9% of equity capital. The loss widened by $686,000 over the year. Its deepest point: $70.5 mn in . The available-for-sale portfolio of Westamerica Bank showed an unrealized loss of $166.9 mn at ; the loss widened by $1.2 mn over the year.
Westamerica Bank: capital ratios
- Total capital 17%
- CET1 16%
- Tier 1 leverage 10%
Westamerica Bank: unrealized securities gains and losses
- Available for sale -$167mn
- Held to maturity -$17mn
Profitability and loan quality
For the year to , Westamerica Bank earned a return on equity of 17.41%; return on assets: 1.84%. Net interest margin at Westamerica Bank: 3.86%, -0.16 pp in a year. Westamerica Bank net income: $53.7 mn, down 10.0% year on year. The efficiency ratio of Westamerica Bank was 42.49%: about 42 cents cost per revenue dollar, against 57 cents at the median peer.
At , noncurrent loans were 0.12% of total loans at Westamerica Bank; net charge-offs: 0.14% of average loans. Gross loans and leases at Westamerica Bank: $668.8 mn, down 10.6% in a year.
Westamerica Bank: profitability
- Return on equity 17%
- Net interest margin 3.9%
- Return on assets 1.8%
Peer group of Westamerica Bank
The peer group of Westamerica Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of Westamerica Bank (state member bank), 6 sit in the same size group ($1 bn to $10 bn) and 2 have head offices in California. Against them, Westamerica Bank shows CET1 ratio 16.23% against a peer median of 11.80%, return on equity 17.41% against a peer median of 13.72% and uninsured deposit share 49.57% against a peer median of 41.20%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Bank First | National bank | WI | $5.9 bn | 10.93% | 12.52% | 32.74% | |
| CTBC Bank Corp. (USA) | State nonmember bank | CA | $5.9 bn | not reported | 6.33% | 66.55% | |
| Farmers & Merchants Bank of Central California | State nonmember bank | CA | $5.8 bn | 14.74% | 15.04% | 51.44% | |
| Westamerica Bank | State member bank | CA | $5.8 bn | 16.23% | 17.41% | 49.57% | |
| Emigrant Bank | State nonmember bank | FL | $5.7 bn | 17.43% | 2.83% | 17.51% | |
| Independent Bank | State member bank | MI | $5.7 bn | 11.45% | 14.92% | 24.38% | |
| Firstrust Savings Bank | State-chartered stock savings bank | PA | $5.6 bn | 11.80% | 16.05% | 49.66% | |
. FDIC Call Reports.
Last eight quarters
Two years at Westamerica Bank, to : assets -5.8%, deposits -5.8%, equity -5.9%. Staff 609 to 573; offices 76 to 75.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $6.1 bn | $6.0 bn | $5.9 bn | $5.8 bn | $5.9 bn | $5.9 bn | $5.8 bn | $5.8 bn |
| Total deposits | $5.1 bn | $5.0 bn | $4.9 bn | $4.8 bn | $4.8 bn | $4.8 bn | $4.8 bn | $4.8 bn |
| Bank equity capital | $642.4 mn | $591.4 mn | $613.2 mn | $623.5 mn | $630.9 mn | $629.9 mn | $614.7 mn | $604.8 mn |
| CET1 ratio | 15.38% | 15.33% | 15.66% | 15.61% | 15.43% | 15.14% | 15.13% | 16.23% |
| Return on equity (ROE) | 23.47% | 22.95% | 20.42% | 19.57% | 18.95% | 18.64% | 17.23% | 17.41% |
| Uninsured share of domestic deposits | 48.96% | 49.68% | 48.36% | 47.85% | 49.30% | 50.73% | 49.35% | 49.57% |
| Full-time equivalent employees | 609 | 589 | 591 | 600 | 593 | 586 | 612 | 573 |
| Number of offices | 76 | 76 | 76 | 76 | 76 | 76 | 75 | 75 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by Westamerica Bank appears in the FDIC history since , and its total assets never moved more than 25% in one quarter.
Questions and identifiers
What were the total assets of Westamerica Bank?
Westamerica Bank reported $5.8 bn at in its Call Report. That makes Westamerica Bank the 254th largest of 497 banks in our US coverage.
Is Westamerica Bank the same as its holding company?
No. This page covers Westamerica Bank, FDIC certificate 3430; WESTAMERICA BCORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Westamerica Bank profitable?
Westamerica Bank reported net income of $53.7 mn for the year to ; annualized return on equity: 17.41%. So yes: Westamerica Bank made a profit over these months.
When is data for Westamerica Bank next updated?
Figures from Westamerica Bank for are due after .
Where can I check the figures for Westamerica Bank?
In the FDIC BankFind Suite record for certificate 3430, and in the Call Reports of Westamerica Bank (RSSD ID 697763) at the FFIEC Central Data Repository.