Westamerica Bancorporation (WABC)

57.66 -0.30 (-0.52%) At close: 04:00PM EDT

Westamerica Bancorporation

1108 Fifth Avenue
San Rafael, CA 94901
United States
707 863 6000
https://www.westamerica.com

Sector(s): Financial Services
Industry: Banks—Regional
Full Time Employees: 534

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. David L. Payne	Chairman, Pres & CEO	700.56k	N/A	1955
Mr. Jesse Leavitt	Sr. VP & CFO	198.37k	N/A	1985
Mr. Russell W. Rizzardi	Sr. VP & Chief Credit Administrator of Westamerica Bank	197.9k	64.62k	1955
Mr. Brian J. Donohoe	SVP and Mang. of Operations & Systems Admin. of Community Banker Services Corp.	254.48k	N/A	1981
Mr. John A. Thorson	Sr. VP & Treasurer	318.11k	N/A	1960
Ms. Diane Cunningham	Corp. Exec. Sec.	N/A	N/A	N/A
Mr. George S. Ensinger	Sr. VP & HR Division Mang.	N/A	N/A	1954
Mr. Kris Irvine	VP & Corp. Sec.	N/A	N/A	N/A

Amounts are as of December 31, 2021 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 the Westamerica Bank that provides various banking products and services to individual and commercial customers. The company accepts various deposit products, including retail savings and checking accounts, as well as certificates of deposit. Its loan portfolio includes commercial, commercial and residential real estate, real estate construction, and consumer installment loans, as well as indirect automobile loans. It operates through 78 branch offices in 21 counties in Northern and Central California. The company was formerly known as Independent Bankshares Corporation and changed its name to Westamerica Bancorporation in 1983. The company was incorporated in 1972 and is headquartered in San Rafael, California.

Corporate Governance

Westamerica Bancorporation’s ISS Governance QualityScore as of May 1, 2022 is 1. The pillar scores are Audit: 8; Board: 6; Shareholder Rights: 1; Compensation: 1.

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.