Ticker
Reporting Basis
Period
From
To
Form Type
Report Format
Update Type


WESTAMER BANCP   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2020201920182017201620152014201320122011
Period End Date12/31/202012/31/201912/31/201812/31/201712/31/201612/31/201512/31/201412/31/201312/31/201212/31/2011
Loans59.3858.1559.0361.7469.1478.4489.06102.63130.82160.67
Money market assets and funds sold--------------------
Available for sale: Tax-exempt--------------------
Investment securities available for sale: Taxable--------------------
Investment securities held to maturity: Taxable--------------------
Investment securities held to maturity: Tax-exempt--------------------
Investment securities available for sale91.3474.1560.3844.3734.0131.2624.7421.8219.8121.59
Investment securities held to maturity13.5519.0024.0327.4330.6426.8326.4129.9532.7325.71
Equity Securities0.420.390.350.290.27----------
Interest Bearing Cash1.176.997.934.481.87----------
Total Interest and Loan Fee Income165.86158.68151.72138.31135.92136.53140.21154.40183.36207.98
Savings deposits--------------------
Time deposits--------------------
Deposits1.771.851.921.862.082.372.893.354.286.81
Transaction deposits--------------------
Federal Home Loan Bank advances----------0.000.410.480.480.52
Short-term borrowed funds0.050.030.040.040.040.050.090.080.080.22
Debt financing and notes payable--------------0.670.800.80
Other borrowed funds0.000.000.00--------------
Term repurchase agreement------------0.060.100.100.04
Total Interest Expense1.821.891.961.902.122.423.444.675.748.38
Net Interest Income164.03156.79149.76136.41133.80134.11136.77149.73177.62199.60
Provision for credit losses4.300.000.00(1.90)(3.20)--2.808.0011.2011.20
Net Interest Income After Provision For Credit Losses159.73156.79149.76138.31137.00134.11133.97141.73166.42188.40
Financial services commissions0.370.390.500.640.570.700.760.830.690.42
Service charges on deposit accounts14.1517.8818.5119.6120.8522.2424.1925.6927.6929.52
Securities gains (losses)0.070.22(0.05)7.96------------
Securities impairment--------------------
Loss on sale of securities----------------(1.29)--
Net losses from equity securities--------------------
Trust fees3.012.962.942.882.692.732.582.312.081.89
Mortgage banking--------------------
Merchant credit card10.2110.139.638.436.386.347.229.039.739.44
Debit card6.186.366.646.426.296.085.965.835.174.96
ATM fees and interchange2.272.782.752.612.412.402.472.763.403.82
Other non-interest (loss) income4.004.004.085.514.824.695.897.716.757.23
Loss on extinguishment of debt--------------------
Sale of real estate--------------------
Gains on sales of real property3.54------------------
Gain on acquisition--------------------
Other service fees1.842.262.572.582.572.692.722.852.802.83
Life Insurance Gains0.000.430.59--------------
Total Noninterest Income45.6447.4148.1556.6346.5747.8751.7957.0157.0260.10
Salaries and related benefits50.7551.0553.0151.5251.5152.1954.7856.6357.3958.50
Occupancy19.6420.2419.6819.4319.0219.3914.9915.1415.4616.21
FDIC insurance assessments--------------------
Amortization of Intangibles0.290.541.923.083.503.864.274.705.375.98
Other real estate owned------------(0.64)1.041.242.46
Furniture and Equipment------------4.173.873.783.84
Other14.0412.7914.9614.6515.1516.6015.8516.7618.7921.61
Data processing9.439.479.239.048.518.448.418.558.538.84
Professional fees2.422.472.842.163.982.492.353.063.224.80
Courier service2.001.881.781.731.952.332.622.873.123.34
Visa litigation expense--------------------
Settlements------------------2.10
Loss contingency--0.553.505.540.00----------
Impairment of tax credit investments------0.63------------
Total Noninterest Expense98.5798.99106.92107.77103.62105.30106.80112.61116.89127.68
Income Before Income Taxes106.80105.2291.0087.1779.9676.6778.9586.12106.56120.82
Provision for income taxes26.3924.8319.4337.1521.1017.9218.3118.9525.4332.93
Current income tax expense: Federal15.9811.5710.561.7816.269.6511.9513.9822.3718.39
Current income tax expense: State10.659.609.827.817.296.747.808.6011.4613.32
Deferred income tax benefit: Federal(0.54)2.34(0.21)14.46(2.60)1.64(1.22)(2.52)(7.28)1.84
Deferred income tax benefit: State0.291.32(0.74)0.780.16(0.11)(0.23)(1.11)(1.11)(0.63)
Net Income80.4180.3971.5650.0358.8558.7560.65--81.1387.89
Preferred stock dividends and discount accretion--------------------
Net income applicable to common equity80.4180.3971.5650.0358.8558.7560.6567.1881.1387.89
Net Earnings Per Share (Basic)2.982.982.691.902.302.302.322.502.933.07
Net Earnings Per Share (Diluted)2.982.982.671.892.292.302.322.502.933.06
Average Shares Outstanding26.9426.9626.6526.2925.6125.5626.1026.8327.6528.63
Diluted Average Shares Outstanding26.9627.0126.7626.4225.6825.5826.1626.8827.7028.74