2021 Q1 Form 10-Q Financial Statement

#000117184321003146 Filed on May 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $42.32M $39.99M
YoY Change 5.81% 1.29%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.300M $6.300M
YoY Change -31.75% 31.25%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $475.0K $442.0K
YoY Change 7.47% -10.53%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $27.12M $22.23M
YoY Change 22.0% -12.42%
Income Tax $6.977M $5.271M
% Of Pretax Income 25.72% 23.71%
Net Earnings $20.15M $16.96M
YoY Change 18.78% -13.66%
Net Earnings / Revenue 47.61% 42.41%
Basic Earnings Per Share $0.75 $0.63
Diluted Earnings Per Share $0.75 $0.63
COMMON SHARES
Basic Shares Outstanding 26.82M 27.07M
Diluted Shares Outstanding 26.84M 27.14M

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $866.5M $304.6M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $32.22M $35.40M
YoY Change -9.0% 4.33%
Goodwill $121.7M $121.7M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $14.20M $14.20M
YoY Change 0.0% 0.0%
Other Assets $21.00M
YoY Change -23.08%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $6.912B $5.628B
YoY Change 22.82% 1.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $20.60M $17.20M
YoY Change 19.77% -3.91%
Deferred Revenue
YoY Change
Short-Term Debt $95.48M $52.66M
YoY Change 81.3% -9.69%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $20.60M $17.20M
YoY Change 19.77% -3.91%
LONG-TERM LIABILITIES
Long-Term Debt $1.700M $0.00
YoY Change
Other Long-Term Liabilities $52.50M $53.20M
YoY Change -1.32% 75.0%
Total Long-Term Liabilities $54.20M $53.20M
YoY Change 1.88% 75.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.60M $17.20M
Total Long-Term Liabilities $54.20M $53.20M
Total Liabilities $6.100B $4.923B
YoY Change 23.93% 0.48%
SHAREHOLDERS EQUITY
Retained Earnings $273.3M $238.9M
YoY Change 14.42% 12.72%
Common Stock $469.9M $465.7M
YoY Change 0.89% 2.28%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $812.1M $705.5M
YoY Change
Total Liabilities & Shareholders Equity $6.912B $5.628B
YoY Change 22.82% 1.3%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $20.15M $16.96M
YoY Change 18.78% -13.66%
Depreciation, Depletion And Amortization $4.300M $6.300M
YoY Change -31.75% 31.25%
Cash From Operating Activities $32.27M $54.45M
YoY Change -40.73% 132.33%
INVESTING ACTIVITIES
Capital Expenditures $145.0K $1.796M
YoY Change -91.93% 357.0%
Acquisitions
YoY Change
Other Investing Activities -$9.200M -$111.9M
YoY Change -91.78% -321.15%
Cash From Investing Activities -$9.296M -$113.7M
YoY Change -91.82% -326.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $232.0K $9.247M
YoY Change -97.49%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $222.2M -$9.544M
YoY Change -2428.23% -86.77%
NET CHANGE
Cash From Operating Activities $32.27M $54.45M
Cash From Investing Activities -$9.296M -$113.7M
Cash From Financing Activities $222.2M -$9.544M
Net Change In Cash $245.2M -$68.79M
YoY Change -456.41% -4674.0%
FREE CASH FLOW
Cash From Operating Activities $32.27M $54.45M
Capital Expenditures $145.0K $1.796M
Free Cash Flow $32.13M $52.66M
YoY Change -38.99% 128.5%

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2266000 USD
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232000 USD
CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
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9247000 USD
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10991000 USD
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11104000 USD
CY2021Q1 us-gaap Increase Decrease In Deferred Income Taxes
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472000 USD
CY2020Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-879000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Assets
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3004000 USD
CY2020Q1 us-gaap Increase Decrease In Other Operating Assets
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3625000 USD
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368000 USD
CY2020Q1 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
525000 USD
CY2021Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
16000 USD
CY2020Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
10000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Liabilities
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2796000 USD
CY2020Q1 us-gaap Increase Decrease In Other Operating Liabilities
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24743000 USD
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32272000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
54451000 USD
CY2021Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
36544000 USD
CY2020Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-4545000 USD
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385553000 USD
CY2020Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
438122000 USD
CY2021Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
367499000 USD
CY2020Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
266561000 USD
CY2021Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
45447000 USD
CY2020Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
55112000 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
145000 USD
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1796000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9296000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-113700000 USD
CY2021Q1 us-gaap Increase Decrease In Deposits
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235854000 USD
CY2020Q1 us-gaap Increase Decrease In Deposits
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-13195000 USD
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ProceedsFromRepaymentsOfDebt
-5385000 USD
CY2020Q1 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
21736000 USD
CY2021Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2960000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
621275000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
373421000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
866457000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
304628000 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3301000 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2021Q1 us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
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5000000 USD
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607000 USD
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
1618000 USD
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
1659000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
459000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
432000 USD
CY2020Q4 us-gaap Debt Securities Held To Maturity Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityCreditLossExpenseReversal
-7000 USD
CY2020Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
9000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
3892750000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
105578000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
7758000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
3990570000 USD
CY2021Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
469268000 USD
CY2021Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
11316000 USD
CY2021Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
26000 USD
CY2021Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
480558000 USD
CY2021Q1 wabc Debt Securities Availableforsale And Heldtomaturity Amortized Cost
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4362018000 USD
CY2021Q1 wabc Debt Securities Gross Unrecognized Gains
DebtSecuritiesGrossUnrecognizedGains
116894000 USD
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DebtSecuritiesGrossUnrecognizedLosses
7784000 USD
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DebtSecuritiesAvailableForSaleAndHeldToMaturity
4471128000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
3900751000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
163576000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1142000 USD
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4063185000 USD
CY2020Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
515598000 USD
CY2020Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
14121000 USD
CY2020Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
32000 USD
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529687000 USD
CY2020Q4 wabc Debt Securities Availableforsale And Heldtomaturity Amortized Cost
DebtSecuritiesAvailableforsaleAndHeldtomaturityAmortizedCost
4416349000 USD
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177697000 USD
CY2020Q4 wabc Debt Securities Gross Unrecognized Losses
DebtSecuritiesGrossUnrecognizedLosses
1174000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale And Held To Maturity
DebtSecuritiesAvailableForSaleAndHeldToMaturity
4592872000 USD
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222016000 USD
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AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
224112000 USD
CY2021Q1 us-gaap Heldtomaturity Securities Debt Maturities Next Rolling Twelve Months Amortized Cost
HeldtomaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCost
49319000 USD
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49593000 USD
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AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
851915000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
894939000 USD
CY2021Q1 us-gaap Heldtomaturity Securities Debt Maturities Rolling Year Two Through Five Amortized Cost
HeldtomaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCost
129579000 USD
CY2021Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
132526000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
1829139000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
1861379000 USD
CY2021Q1 us-gaap Heldtomaturity Securities Debt Maturities Rolling Year Six Through Ten Amortized Cost
HeldtomaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCost
76641000 USD
CY2021Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
79103000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
431314000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
432650000 USD
CY2021Q1 us-gaap Heldtomaturity Securities Debt Maturities Rolling After Ten Years Amortized Cost
HeldtomaturitySecuritiesDebtMaturitiesRollingAfterTenYearsAmortizedCost
0 USD
CY2021Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
0 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
3334384000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
3413080000 USD
CY2021Q1 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Amortized Cost Basis
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255539000 USD
CY2021Q1 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Fair Value
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261222000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost
558366000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
577490000 USD
CY2021Q1 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Net Carrying Amount
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213729000 USD
CY2021Q1 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Fair Value
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219336000 USD
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3892750000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Securities
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469268000 USD
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480558000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
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212140000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
213715000 USD
CY2020Q4 us-gaap Heldtomaturity Securities Debt Maturities Next Rolling Twelve Months Amortized Cost
HeldtomaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCost
54526000 USD
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
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54927000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
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922170000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
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974438000 USD
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129786000 USD
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133195000 USD
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1767747000 USD
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1851184000 USD
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89610000 USD
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
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368520000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
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370896000 USD
CY2020Q4 us-gaap Heldtomaturity Securities Debt Maturities Rolling After Ten Years Amortized Cost
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0 USD
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241676000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
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652952000 USD
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
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0 USD
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3270577000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
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3410233000 USD
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Amortized Cost Basis
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273922000 USD
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Fair Value
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281165000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
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630174000 USD
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
248522000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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3900751000 USD
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4063185000 USD
CY2020Q4 us-gaap Held To Maturity Securities
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515598000 USD
CY2020Q4 us-gaap Held To Maturity Securities Fair Value
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529687000 USD
CY2020Q4 wabc High Risk Collateralized Mortgage Obligations
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75 pure
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
572382000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
7737000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
2 pure
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
14996000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
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21000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
77 pure
CY2021Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
587378000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
7758000 USD
CY2021Q1 wabc Heldtomaturity Securities Less Than12 Months Number Of Positions
HeldtomaturitySecuritiesLessThan12MonthsNumberOfPositions
3 pure
CY2021Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
880000 USD
CY2021Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
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7000 USD
CY2021Q1 wabc Heldtomaturity Securities12 Months Or Longer Number Of Positions
HeldtomaturitySecurities12MonthsOrLongerNumberOfPositions
3 pure
CY2021Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
686000 USD
CY2021Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
19000 USD
CY2021Q1 wabc Heldtomaturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
HeldtomaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
6 pure
CY2021Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
1566000 USD
CY2021Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Loss
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26000 USD
CY2021Q1 us-gaap Pledged Financial Instruments Not Separately Reported Securities Pledged
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged
844502000 USD
CY2020Q4 us-gaap Pledged Financial Instruments Not Separately Reported Securities Pledged
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged
888577000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
40 pure
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
269526000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
1100000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
2 pure
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
14980000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
42000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
42 pure
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
284506000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
1142000 USD
CY2020Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
9000 USD
CY2019Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
0 USD
CY2021Q1 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Writeoff
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0 USD
CY2021Q1 us-gaap Debt Securities Held To Maturity Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityCreditLossExpenseReversal
0 USD
CY2020Q1 us-gaap Debt Securities Held To Maturity Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityCreditLossExpenseReversal
0 USD
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21964000 USD
CY2020Q1 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
25326000 USD
CY2021Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
2399000 USD
CY2020Q1 us-gaap Interest Income Securities Tax Exempt
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3362000 USD
CY2021Q1 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
27597000 USD
CY2020Q1 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Writeoff
DebtSecuritiesHeldToMaturityAllowanceForCreditLossWriteoff
0 USD
CY2021Q1 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Recovery
DebtSecuritiesHeldToMaturityAllowanceForCreditLossRecovery
0 USD
CY2020Q1 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Recovery
DebtSecuritiesHeldToMaturityAllowanceForCreditLossRecovery
0 USD
CY2021Q1 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
9000 USD
CY2020Q1 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
16000 USD
CY2021Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
469268000 USD
CY2021Q1 us-gaap Debt Securities Held To Maturity Nonaccrual
DebtSecuritiesHeldToMaturityNonaccrual
0 USD
CY2021Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
25198000 USD
CY2021Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
1293756000 USD
CY2020Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
1256243000 USD
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
23854000 USD
CY2021Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0 USD
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
929000 USD
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
558000 USD
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
23483000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
19484000 USD
CY2020Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
4300000 USD
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1573000 USD
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
576000 USD
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
24804000 USD
CY2021Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
1293756000 USD
CY2020Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
1256243000 USD
CY2021Q1 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
1284801000 USD
CY2021Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
3971000 USD
CY2021Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
1293756000 USD
CY2020Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
1247222000 USD
CY2020Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
4329000 USD
CY2020Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
1256243000 USD
CY2021Q1 wabc Loans And Leases Receivable Nonaccrual Commitment To Lend
LoansAndLeasesReceivableNonaccrualCommitmentToLend
0 USD
CY2021Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
5 pure
CY2021Q1 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
7786000 USD
CY2021Q1 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
5227000 USD
CY2021Q1 wabc Financing Receivable Modifications Period End Impairment Allowance
FinancingReceivableModificationsPeriodEndImpairmentAllowance
0 USD
CY2020 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
7 pure
CY2020 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
8608000 USD
CY2020Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
6221000 USD
CY2020Q4 wabc Financing Receivable Modifications Period End Impairment Allowance
FinancingReceivableModificationsPeriodEndImpairmentAllowance
0 USD
CY2021Q1 us-gaap Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
0 USD
CY2021Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0 pure
CY2021Q1 wabc Other Real Estate Reserve
OtherRealEstateReserve
0 USD
CY2021Q1 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
365000 USD
CY2020Q4 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
346000 USD
CY2021Q1 wabc Unsecured Loan Limit Percentage Of Shareholders Equity California Financial Code
UnsecuredLoanLimitPercentageOfShareholdersEquityCaliforniaFinancialCode
0.15 pure
CY2021Q1 wabc Secured And Unsecured Loan Limit Percentage California Financial Code
SecuredAndUnsecuredLoanLimitPercentageCaliforniaFinancialCode
0.25 pure
CY2021Q1 wabc Loan Commitments Related To Real Estate Loans
LoanCommitmentsRelatedToRealEstateLoans
36082000 USD
CY2020Q4 wabc Loan Commitments Related To Real Estate Loans
LoanCommitmentsRelatedToRealEstateLoans
37456000 USD
CY2021Q1 us-gaap Federal Reserve Bank Stock
FederalReserveBankStock
14069000 USD
CY2020Q4 us-gaap Federal Reserve Bank Stock
FederalReserveBankStock
14069000 USD
CY2021Q1 us-gaap Other Investments And Securities At Cost
OtherInvestmentsAndSecuritiesAtCost
158000 USD
CY2020Q4 us-gaap Other Investments And Securities At Cost
OtherInvestmentsAndSecuritiesAtCost
158000 USD
CY2021Q1 us-gaap Cost Method Investments
CostMethodInvestments
14227000 USD
CY2020Q4 us-gaap Cost Method Investments
CostMethodInvestments
14227000 USD
CY2021Q1 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
61070000 USD
CY2020Q4 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
60444000 USD
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
20609000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
18832000 USD
CY2021Q1 wabc Lihtc Investments
LIHTCInvestments
17637000 USD
CY2020Q4 wabc Lihtc Investments
LIHTCInvestments
18335000 USD
CY2020Q4 us-gaap Interest Receivable Current
InterestReceivableCurrent
33022000 USD
CY2021Q1 us-gaap Interest Receivable Current
InterestReceivableCurrent
31061000 USD
CY2021Q1 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
4197000 USD
CY2020Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
4572000 USD
CY2021Q1 us-gaap Affordable Housing Tax Credits And Other Tax Benefits Amount
AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount
200000 USD
CY2021Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
6204000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
25778000 USD
CY2021Q1 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
12197000 USD
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
20609000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
18832000 USD
CY2020Q1 us-gaap Affordable Housing Tax Credits And Other Tax Benefits Amount
AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount
225000 USD
CY2021Q1 wabc Securities Purchases Pending Settlement
SecuritiesPurchasesPendingSettlement
5000000 USD
CY2020Q4 wabc Securities Purchases Pending Settlement
SecuritiesPurchasesPendingSettlement
29000000 USD
CY2021Q1 us-gaap Other Sundry Liabilities
OtherSundryLiabilities
47543000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
10471000 USD
CY2021Q1 us-gaap Other Assets
OtherAssets
160998000 USD
CY2020Q4 us-gaap Other Assets
OtherAssets
159903000 USD
CY2021Q1 wabc Lihtc Investments
LIHTCInvestments
17637000 USD
CY2021Q1 us-gaap Qualified Affordable Housing Project Investments Commitment
QualifiedAffordableHousingProjectInvestmentsCommitment
11240000 USD
CY2020Q4 wabc Lihtc Investments
LIHTCInvestments
18335000 USD
CY2020Q4 us-gaap Qualified Affordable Housing Project Investments Commitment
QualifiedAffordableHousingProjectInvestmentsCommitment
12202000 USD
CY2021Q1 us-gaap Qualified Affordable Housing Project Investments Commitment
QualifiedAffordableHousingProjectInvestmentsCommitment
11240000 USD
CY2021Q1 us-gaap Income Loss From Affordable Housing Projects Equity Method Investments
IncomeLossFromAffordableHousingProjectsEquityMethodInvestments
600000 USD
CY2020Q1 us-gaap Income Loss From Affordable Housing Projects Equity Method Investments
IncomeLossFromAffordableHousingProjectsEquityMethodInvestments
600000 USD
CY2020Q4 us-gaap Other Sundry Liabilities
OtherSundryLiabilities
38988000 USD
CY2021Q1 us-gaap Other Liabilities
OtherLiabilities
79356000 USD
CY2020Q4 us-gaap Other Liabilities
OtherLiabilities
112598000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
6204000 USD
CY2021Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-22715000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
28919000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
97820000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
25778000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-22805000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
48021000 USD
CY2020 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
162434000 USD
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
20609000 USD
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
20609000 USD
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y7M6D
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0183 pure
CY2021Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
1654000 USD
CY2020Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
1659000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
4503000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
5331000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4619000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3025000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1795000 USD
CY2021Q1 wabc Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
2114000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
21387000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
778000 USD
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
20609000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
121673000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
121673000 USD
CY2021Q1 us-gaap Noninterest Bearing Deposit Liabilities Domestic
NoninterestBearingDepositLiabilitiesDomestic
2798542000 USD
CY2020Q4 us-gaap Noninterest Bearing Deposit Liabilities Domestic
NoninterestBearingDepositLiabilitiesDomestic
2725177000 USD
CY2021Q1 us-gaap Demand Deposit Accounts
DemandDepositAccounts
1179484000 USD
CY2020Q4 us-gaap Demand Deposit Accounts
DemandDepositAccounts
1102601000 USD
CY2021Q1 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
1791636000 USD
CY2020Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
1703812000 USD
CY2021Q1 us-gaap Time Deposits Less Than100000
TimeDepositsLessThan100000
78180000 USD
CY2020Q4 us-gaap Time Deposits Less Than100000
TimeDepositsLessThan100000
79825000 USD
CY2021Q1 wabc Time Deposits100 Thousand Through250 Thousand
TimeDeposits100ThousandThrough250Thousand
49657000 USD
CY2020Q4 wabc Time Deposits100 Thousand Through250 Thousand
TimeDeposits100ThousandThrough250Thousand
49323000 USD
CY2021Q1 wabc Time Deposits More Than250 Thousand
TimeDepositsMoreThan250Thousand
26334000 USD
CY2020Q4 wabc Time Deposits More Than250 Thousand
TimeDepositsMoreThan250Thousand
27241000 USD
CY2021Q1 us-gaap Deposits
Deposits
5923833000 USD
CY2020Q4 us-gaap Deposits
Deposits
5687979000 USD
CY2021Q1 wabc Demand Deposit Overdrafts
DemandDepositOverdrafts
1194000 USD
CY2020Q4 wabc Demand Deposit Overdrafts
DemandDepositOverdrafts
682000 USD
CY2021Q1 us-gaap Interest Expense Time Deposits100000 Or More
InterestExpenseTimeDeposits100000OrMore
78000 USD
CY2020Q1 us-gaap Interest Expense Time Deposits100000 Or More
InterestExpenseTimeDeposits100000OrMore
79000 USD
CY2021Q1 us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: &quot;Times New Roman&quot;; text-indent: 0px;"><tbody><tr style="vertical-align: bottom;"><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">Repurchase Agreements (Sweep)<br/> Accounted for as Secured Borrowings</p> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td></tr> <tr style="vertical-align: bottom;"><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">Remaining Contractual Maturity of the Agreements</p> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td></tr> <tr style="vertical-align: bottom;"><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">Overnight and Continuous</p> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td></tr> <tr style="vertical-align: bottom;"><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">At March 31,</p> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">At December 31,</p> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td></tr> <tr style="vertical-align: bottom;"><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">2021</p> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">2020</p> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; width: 70%;"> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin-top: 0pt; margin-bottom: 0pt;">Repurchase agreements:</p> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt;"> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><em style="font: inherit;"><em style="font: inherit;">(In thousands)</em></em></p> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin-top: 0pt; margin-bottom: 0pt; margin-left: 9pt;">Collateral securing borrowings:</p> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin-top: 0pt; margin-bottom: 0pt; margin-left: 18pt;">Agency residential MBS</p> </td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt;">$</td><td style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt;">58,799</td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt;"> </td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt;">$</td><td style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt;">67,019</td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin-top: 0pt; margin-bottom: 0pt; margin-left: 18pt;">Corporate securities</p> </td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; padding-bottom: 1px;"> </td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td><td style="width: 12%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt; text-align: right; border-bottom: 1px solid rgb(0, 0, 0);">181,119</td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; padding-bottom: 1px;"> </td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td><td style="width: 12%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt; text-align: right; border-bottom: 1px solid rgb(0, 0, 0);">188,195</td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin-top: 0pt; margin-bottom: 0pt; margin-left: 27pt;">Total collateral carrying value</p> </td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td><td style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">239,918</td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0); margin-left: 0pt;"> </td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td><td style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">255,214</td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-bottom: 3px double rgb(0, 0, 0); margin-left: 0pt;"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"><td style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin-top: 0pt; margin-bottom: 0pt;">Total short-term borrowed funds</p> </td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt;">$</td><td style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt;">95,479</td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt;"> </td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt;"> </td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt;">$</td><td style="width: 12%; text-align: right; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt;">102,545</td><td style="width: 1%; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-left: 0pt;"> </td></tr> </tbody></table>
CY2021Q1 us-gaap Carrying Value Of Securities Sold Under Repurchase Agreements And Deposits Received For Securities Loaned
CarryingValueOfSecuritiesSoldUnderRepurchaseAgreementsAndDepositsReceivedForSecuritiesLoaned
239918000 USD
CY2020Q4 us-gaap Carrying Value Of Securities Sold Under Repurchase Agreements And Deposits Received For Securities Loaned
CarryingValueOfSecuritiesSoldUnderRepurchaseAgreementsAndDepositsReceivedForSecuritiesLoaned
255214000 USD
CY2021Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
95479000 USD
CY2020Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
102545000 USD
CY2021Q1 wabc Loan Commitments Not Unconditionally Cancellable
LoanCommitmentsNotUnconditionallyCancellable
36082000 USD
CY2021Q1 wabc Unfunded Loan Commitments
UnfundedLoanCommitments
264131000 USD
CY2020Q4 wabc Unfunded Loan Commitments
UnfundedLoanCommitments
277878000 USD
CY2021Q1 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
580000 USD
CY2021Q1 wabc Loan Commitments Not Unconditionally Cancellable
LoanCommitmentsNotUnconditionallyCancellable
36082000 USD
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27068000
CY2021Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
21000
CY2020Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
71000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26842000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
20147000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
16962000 USD
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26821000
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27068000
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.75
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.63
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26821000
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27139000
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.75
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.63

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