Westamerica Bancorp. reported unaudited earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported net interest income was $41,562,000 compared to $48,566,000 a year ago. Income before taxes was $24,723,000 compared to $29,960,000 a year ago. Net income was $19,136,000 compared to $21,805,000 a year ago. Basic and diluted earnings per share were $0.70 compared to $0.77 a year ago. Return on assets was 1.55% compared to 1.73% a year ago. Return on common equity was 14.1% compared to 15.9% a year ago. Total revenue was $60,477,000 compared to $68,219,000 a year ago. Total interest & fee income was $48,893,000 compared to $50,421,000 for the same period a year ago.

For the full year, the company reported net interest income of $177,620,000 compared to $199,597,000 a year ago. Income before taxes was $106,557,000 compared to $120,816,000 a year ago. Net income was $81,127,000 compared to $87,888,000 a year ago. Diluted earnings per share were $2.93 compared to $3.06 a year ago. Return on assets was 1.64% compared to 1.78% a year ago. Return on common equity was 14.9% compared to 16.1% a year ago. Total revenue was $254,049,000 compared to $278,964,000 a year ago. Total interest & fee income was $183,364,000 compared to $207,979,000 for the same period a year ago.