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Income Statement for Westamerica Bancorp (WABC)

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Income Statement for Westamerica Ban Corp.  (WABC) 
$ 52.42      2.89 (+5.83%) Volume: 461.87 k 4:00 PM EDT Aug 28, 2008
After Hours:  $ 52.42 0.00 (0.00%) Volume: 1.68 k 4:40 PM EDT Aug 28, 2008
Statement: View:
Income in Thousands of Dollars
12/2007 12/2006 12/2005 12/2004 12/2003
Total Interest Income 235,872 246,515 242,797 216,337 223,493
Total Interest Expense (72,555) (65,268) (43,649) (21,106) (27,197)
Net Interest Income 163,317 181,247 199,148 195,231 196,296
Loan Loss Provision (700) (445) (900) (2,700) (3,300)
Net Interest Income After Loan Loss Provision 162,617 180,802 198,248 192,531 192,996
Non-Interest Income 59,278 55,347 54,540 38,583 42,916
Non-Interest Expense (99,090) (101,724) (104,856) (98,751) (101,703)
Special Income/Charges (2,338) - - - -
Net Income Before Taxes 120,467 134,425 147,932 132,363 134,209
Premium Tax (Credit) - - - - -
Minority Interest - - - - -
Income Taxes (30,691) (35,619) (40,491) (37,145) (39,146)
Net Income from Continuing Operations 89,776 98,806 107,441 95,219 95,063
Net Income from Discontinued Operations - - - - -
Net Income from Total Operations 89,776 98,806 107,441 95,219 95,063
Extraordinary Income/Loss - - - - -
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Other Gains - - - - -
Total Net Income 89,776 98,806 107,441 95,219 95,063
Results in Dollars (Preferred Dividends in Thousands)
12/2007 12/2006 12/2005 12/2004 12/2003
Dividends Paid Per Share 1.36 1.30 1.22 1.10 1.00
Preferred Dividends - - - - -
Basic EPS from Continuing Operations 3.02 3.17 3.33 2.99 2.89
Basic EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Basic EPS from Total Operations 3.02 3.17 3.33 2.99 2.89
Basic EPS from Extraordinary Inc 0.00 0.00 0.00 0.00 0.00
Basic EPS from Cum. Effect of Acct Chg 0.00 0.00 0.00 0.00 0.00
Basic EPS from Tax Loss Carryforward 0.00 0.00 0.00 0.00 0.00
Basic EPS from Other Gains(Loss) 0.00 0.00 0.00 0.00 0.00
Basic EPS, Total 3.02 3.17 3.33 2.99 2.89
Basic Normalized Net Income/Share 3.10 3.17 3.33 2.99 2.89
Diluted EPS from Continuing Operations 2.98 3.11 3.27 2.93 2.85
Diluted EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Total Operations 2.98 3.11 3.27 2.93 2.85
Diluted EPS from Extraordinary Inc 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Cum. Effect of Acct Chg 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Tax Loss Carryforward 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Other Gains(Loss) 0.00 0.00 0.00 0.00 0.00
Diluted EPS, Total 2.98 3.11 3.27 2.93 2.85
Diluted Normalized Net Income/Share 3.06 3.11 3.27 2.93 2.85

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Date:May 15, 2008
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Pages:4
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