Westamerica Bancorporation Experiences Second Quarter 2022

For added data contact:   Westamerica Bancorporation   1108 Fifth Avenue, San Rafael, CA 94901   Robert A. Thorson – SVP & Treasurer   707-863-6840   investments@westamerica.com    

  Public Info July 21, 2022   WESTAMERICA BANCORPORATION         FINANCIAL HIGHLIGHTS         June 30, 2022                   1. Web Earnings Abstract.           (in hundreds besides per-share quantities)       %     Q2’2022 Q2’2021 Change Q1’2022           Web Curiosity and Price Earnings (FTE) $ 48,033   $ 44,499   7.9 % $ 43,807   Provision for Credit score Losses   –     –   n/m     –   Noninterest Earnings (1)   11,264     11,032   2.1 %   11,576   Noninterest Expense   24,629     24,291   1.4 %   24,875   Earnings Earlier than Taxes (FTE)   34,668     31,240   11.0 %   30,508   Earnings Tax Provision (FTE)   9,354     8,661   8.0 %   7,892   Web Earnings $ 25,314   $ 22,579   12.1 % $ 22,616             Common Frequent Shares Excellent   26,889     26,865   0.1 %   26,870   Diluted Common Frequent Shares   26,901     26,887   0.1 %   26,885             Working Ratios:         Primary Earnings Per Frequent Share $ 0.94   $ 0.84   11.9 % $ 0.84   Diluted Earnings Per Frequent Share   0.94     0.84   11.9 %   0.84   Return On Belongings (a)   1.37 %   1.29 %     1.24 % Return On Frequent Fairness (a)   12.9 %   12.2 %     11.8 % Web Curiosity Margin (FTE) (a)   2.74 %   2.70 %     2.51 % Effectivity Ratio (FTE)   41.5 %   43.7 %     44.9 %           Dividends Paid Per Frequent Share $ 0.42   $ 0.41   2.4 % $ 0.42   Frequent Dividend Payout Ratio   45 %   49 %     50 %                 %     6/30’22YTD 6/30’21YTD Change             Web Curiosity and Price Earnings (FTE) $ 91,840   $ 87,082   5.5 %   Provision for Credit score Losses   –     –   n/m     Noninterest Earnings (1)   22,840     21,221   7.6 %   Noninterest Expense   49,504     49,197   0.6 %   Earnings Earlier than Taxes (FTE)   65,176     59,106   10.3 %   Earnings Tax Provision (FTE)   17,246     16,380   5.3 %   Web Earnings $ 47,930   $ 42,726   12.2 %             Common Frequent Shares Excellent   26,880     26,843   0.1 %   Diluted Common Frequent Shares   26,893     26,865   0.1 %             Working Ratios:         Primary Earnings Per Frequent Share $ 1.78   $ 1.59   11.9 %   Diluted Earnings Per Frequent Share   1.78     1.59   11.9 %   Return On Belongings   1.30 %   1.26 %     Return On Frequent Fairness   12.4 %   11.6 %     Web Curiosity Margin (FTE)   2.63 %   2.72 %     Effectivity Ratio (FTE)   43.2 %   45.4 %               Dividends Paid Per Frequent Share $ 0.84   $ 0.82   2.4 %   Frequent Dividend Payout Ratio   47 %   52 %               2. Web Curiosity Earnings.           ({dollars} in hundreds)       %     Q2’2022 Q2’2021 Change Q1’2022           Curiosity and Price Earnings (FTE) $ 48,516   $ 44,983   7.9 % $ 44,287   Curiosity Expense   483     484   -0.2 %   480   Web Curiosity and Price Earnings (FTE) $ 48,033   $ 44,499   7.9 % $ 43,807             Common Incomes Belongings $ 7,000,862   $ 6,603,343   6.0 % $ 6,998,234   Common Curiosity-         Bearing Liabilities   3,549,140     3,298,221   7.6 %   3,546,146             Yield on Incomes Belongings (FTE) (a)   2.77 %   2.73 %     2.54 % Value of Funds (a)   0.03 %   0.03 %     0.03 % Web Curiosity Margin (FTE) (a)   2.74 %   2.70 %     2.51 % Curiosity Expense/         Curiosity-Bearing Liabilities (a)   0.05 %   0.06 %     0.05 % Web Curiosity Unfold (FTE) (a)   2.72 %   2.67 %     2.49 %                 %     6/30’22YTD 6/30’21YTD Change             Curiosity and Price Earnings (FTE) $ 92,803   $ 88,041   5.4 %   Curiosity Expense   963     959   0.4 %   Web Curiosity and Price Earnings (FTE) $ 91,840   $ 87,082   5.5 %             Common Incomes Belongings $ 6,999,556   $ 6,424,973   8.9 %   Common Curiosity-         Bearing Liabilities   3,547,651     3,214,688   10.4 %             Yield on Incomes Belongings (FTE)   2.66 %   2.75 %     Value of Funds   0.03 %   0.03 %     Web Curiosity Margin (FTE)   2.63 %   2.72 %     Curiosity Expense/         Curiosity-Bearing Liabilities   0.05 %   0.06 %     Web Curiosity Unfold (FTE)   2.61 %   2.69 %               3. Loans & Different Incomes Belongings.           (common quantity, {dollars} in hundreds)       %     Q2’2022 Q2’2021 Change Q1’2022           Whole Belongings $ 7,420,069   $ 7,004,695   5.9 % $ 7,406,321   Whole Incomes Belongings   7,000,862     6,603,343   6.0 %   6,998,234   Whole Loans   1,009,633     1,257,087   -19.7 %   1,029,724   Whole Business Loans   202,585     413,797   -51.0 %   207,901   Paycheck Safety Program (PPP) Loans   20,997     207,515   -89.9 %   35,871   Business Loans   181,588     206,282   -12.0 %   172,030   Business RE Loans   508,003     546,470   -7.0 %   524,040   Shopper Loans   299,045     296,820   0.7 %   297,783   Whole Funding Securities   5,008,929     4,394,169   14.0 %   4,947,846   Debt Securities Out there For Sale   4,721,083     3,953,016   19.4 %   4,655,983   Debt Securities Held To Maturity   287,846     441,153   -34.8 %   291,863   Whole Curiosity-Bearing Money   982,300     952,087   3.2 %   1,020,664             Loans/Deposits   15.7 %   20.7 %     16.1 %                 %     6/30’22YTD 6/30’21YTD Change             Whole Belongings $ 7,413,233   $ 6,828,409   8.6 %   Whole Incomes Belongings   6,999,556     6,424,973   8.9 %   Whole Loans   1,019,623     1,254,328   -18.7 %   Whole Business Loans   205,228     404,685   -49.3 %   PPP Loans   28,393     198,294   -85.7 %   Business Loans   176,835     206,391   -14.3 %   Business RE Loans   515,977     552,795   -6.7 %   Shopper Loans   298,418     296,848   0.5 %   Whole Funding Securities   4,978,557     4,417,267   12.7 %   Debt Securities Out there For Sale   4,688,714     3,950,298   18.7 %   Debt Securities Held To Maturity   289,843     466,969   -37.9 %   Whole Curiosity-Bearing Money   1,001,376     753,378   32.9 %             Loans/Deposits   15.9 %   21.2 %               4. Deposits, Different Curiosity-Bearing Liabilities & Fairness.         (common quantity, {dollars} in hundreds)       %     Q2’2022 Q2’2021 Change Q1’2022           Whole Deposits $ 6,424,202   $ 6,074,730   5.8 % $ 6,393,458   Noninterest Demand   2,998,360     2,888,259   3.8 %   3,005,065   Curiosity-Bearing Transaction   1,298,665     1,208,584   7.5 %   1,265,100   Financial savings   1,985,325     1,822,625   8.9 %   1,980,092   Time larger than $100K   63,790     70,750   -9.8 %   64,172   Time lower than $100K   78,062     84,512   -7.6 %   79,029   Whole Brief-Time period Borrowings   123,298     111,750   10.3 %   157,753   Shareholders’ Fairness   788,078     744,746   5.8 %   776,225             Demand Deposits/         Whole Deposits   46.7 %   47.5 %     47.0 % Transaction & Financial savings         Deposits / Whole Deposits   97.8 %   97.4 %     97.8 %                 %     6/30’22YTD 6/30’21YTD Change             Whole Deposits $ 6,408,915   $ 5,912,303   8.4 %   Noninterest Demand   3,001,694     2,801,428   7.1 %   Curiosity-Bearing Transaction   1,281,975     1,169,888   9.6 %   Financial savings   1,982,723     1,784,929   11.1 %   Time larger than $100K   63,980     70,994   -9.9 %   Time lower than $100K   78,543     85,064   -7.7 %   Whole Brief-Time period Borrowings   140,430     103,707   35.4 %   Different Borrowed Funds   –     106   -100.0 %   Shareholders’ Fairness   782,184     740,147   5.7 %             Demand Deposits/         Whole Deposits   46.8 %   47.4 %     Transaction & Financial savings         Deposits / Whole Deposits   97.8 %   97.4 %               5. Curiosity Yields Earned & Charges Paid.           ({dollars} in hundreds)     Q2’2022     Common Earnings/ Yield (a) /     Quantity Expense Fee (a)             Curiosity & Price Earnings Earned         Whole Incomes Belongings (FTE) $ 7,000,862   $ 48,516   2.77 %   Whole Loans (FTE)   1,009,633     12,426   4.94 %   Whole Business Loans (FTE)   202,585     2,716   5.38 %   PPP Loans   20,997     645   12.32 %   Business Loans (FTE)   181,588     2,071   4.57 %   Business RE Loans   508,003     6,192   4.89 %   Shopper Loans   299,045     3,518   4.72 %   Whole Investments (FTE)   5,008,929     34,088   2.72 %   Whole Debt Securities Out there For Sale (FTE)   4,721,083     32,059   2.72 %   Company Securities   2,589,490     17,857   2.76 %   Collateralized Mortgage Obligations   1,610,811     10,572   2.60 %   Company Mortgage Backed Securities   357,727     2,049   2.29 %   Securities OF U.S. Authorities sponsored entities   59,892     533   3.56 %   Obligations of States and Political Subdivisions (FTE)   88,829     682   3.07 %   Different Debt Securities Out there For Sale (FTE)   14,334     366   10.23 %   Whole Debt Securities Held To Maturity (FTE)   287,846     2,029   2.82 %   Company Mortgage Backed Securities   128,319     595   1.85 %   Company Securities   17,749     202   4.56 %   Obligations of States and Political Subdivisions (FTE)   141,778     1,232   3.48 %   Whole Curiosity-Bearing Money   982,300     2,002   0.81 %             Curiosity Expense Paid         Whole Incomes Belongings   7,000,862     483   0.03 %   Whole Curiosity-Bearing Liabilities   3,549,140     483   0.05 %   Whole Curiosity-Bearing Deposits   3,425,842     461   0.05 %   Curiosity-Bearing Transaction   1,298,665     91   0.03 %   Financial savings   1,985,325     288   0.06 %   Time lower than $100K   78,062     42   0.22 %   Time larger than $100K   63,790     40   0.25 %   Whole Brief-Time period Borrowings   123,298     22   0.07 %             Web Curiosity Earnings and         Margin (FTE)   $ 48,033   2.74 %               Q2’2021     Common Earnings/ Yield (a) /     Quantity Expense Fee (a)             Curiosity & Price Earnings Earned         Whole Incomes Belongings (FTE) $ 6,603,343   $ 44,983   2.73 %   Whole Loans (FTE)   1,257,087     15,168   4.84 %   Whole Business Loans (FTE)   413,797     4,763   4.62 %   PPP Loans   207,515     2,713   5.25 %   Business Loans (FTE)   206,282     2,050   3.98 %   Business RE Loans   546,470     6,994   5.13 %   Shopper Loans   296,820     3,411   4.61 %   Whole Investments (FTE)   4,394,169     29,556   2.69 %   Whole Debt Securities Out there For Sale (FTE)   3,953,016     26,779   2.71 %   Company Securities   2,289,882     17,564   3.07 %   Collateralized Mortgage Obligations   1,020,187     5,646   2.19 %   Company Mortgage Backed Securities   526,958     2,409   1.83 %   Securities OF U.S. Authorities sponsored entities   0     0   0.00 %   Obligations of States and Political Subdivisions (FTE)   101,619     812   3.19 %   Different Debt Securities Out there For Sale (FTE)   14,370     348   9.70 %   Whole Debt Securities Held To Maturity (FTE)   441,153     2,777   2.52 %   Company Mortgage Backed Securities   201,703     793   1.57 %   Company Securities   0     0   0.00 %   Obligations of States and Political Subdivisions (FTE)   239,450     1,984   3.32 %   Whole Curiosity-Bearing Money   952,087     259   0.11 %             Curiosity Expense Paid         Whole Incomes Belongings   6,603,343     484   0.03 %   Whole Curiosity-Bearing Liabilities   3,298,221     484   0.06 %   Whole Curiosity-Bearing Deposits   3,186,471     466   0.06 %   Curiosity-Bearing Transaction   1,208,584     93   0.03 %   Financial savings   1,822,625     263   0.06 %   Time lower than $100K   84,512     42   0.20 %   Time larger than $100K   70,750     68   0.39 %   Whole Brief-Time period Borrowings   111,750     18   0.07 %             Web Curiosity Earnings and         Margin (FTE)   $ 44,499   2.70 %             6. Noninterest Earnings.           ({dollars} in hundreds besides per-share quantities)       %     Q2’2022 Q2’2021 Change Q1’2022           Service Expenses on Deposits $ 3,687   $ 3,235   14.0 % $ 3,582   Service provider Processing Companies   3,374     3,279   2.9 %   2,623   Debit Card Charges (1)   1,709     1,791   -4.6 %   2,872   Belief Charges   809     827   -2.2 %   843   ATM Processing Charges   469     618   -24.1 %   451   Different Service Charges   480     491   -2.3 %   449   Monetary Companies Commissions   118     95   24.2 %   117   Securities Features   –     34   n/m     –   Different Noninterest Earnings   618     662   -6.6 %   639   Whole Noninterest Earnings $ 11,264   $ 11,032   2.1 % $ 11,576             Whole Income (FTE) $ 59,297   $ 55,531   6.8 % $ 55,383   Noninterest Earnings/Income (FTE)   19.0 %   19.9 %     20.9 % Service Expenses/Avg. Deposits (a)   0.23 %   0.21 %     0.23 % Whole Revenues (FTE) Per Avg.         Frequent Share (a) $ 8.85   $ 8.29   6.7 % $ 8.36   Life Insurance coverage Features               %     6/30’22YTD 6/30’21YTD Change             Service Expenses on Deposits $ 7,269   $ 6,539   11.2 %   Service provider Processing Companies   5,997     5,839   2.7 %   Debit Card Charges (1)   4,581     3,392   35.1 %   Belief Charges   1,652     1,628   1.5 %   ATM Processing Charges   920     1,219   -24.6 %   Different Service Charges   929     960   -3.2 %   Monetary Companies Commissions   235     165   42.4 %   Securities Features   –     34   n/m     Different Noninterest Earnings   1,257     1,445   -13.0 %   Whole Noninterest Earnings $ 22,840   $ 21,221   7.6 %             Whole Income (FTE) $ 114,680   $ 108,303   5.9 %   Noninterest Earnings/Income (FTE)   19.9 %   19.6 %     Service Expenses/Avg. Deposits   0.23 %   0.22 %     Whole Revenues (FTE) Per Avg./         Frequent Share $ 8.60   $ 8.14   5.7 %             7. Noninterest Expense.           ({dollars} in hundreds)       %     Q2’2022 Q2’2021 Change Q1’2022           Salaries & Advantages $ 11,412   $ 12,097   -5.7 % $ 11,920   Occupancy and Gear   4,856     4,808   1.0 %   4,746   Outsourced Information Processing   2,423     2,425   -0.1 %   2,437   Skilled Charges   736     830   -11.3 %   736   Courier Service   661     567   16.6 %   582   Amortization of         Identifiable Intangibles   64     68   -5.9 %   64   Different Noninterest Expense   4,477     3,496   28.1 %   4,390   Whole Noninterest Expense $ 24,629   $ 24,291   1.4 % $ 24,875             Noninterest Expense/         Avg. Incomes Belongings (a)   1.41 %   1.48 %     1.44 % Noninterest Expense/Revenues (FTE)   41.5 %   43.7 %     44.9 %                 %     6/30’22YTD 6/30’21YTD Change             Salaries & Advantages $ 23,332   $ 24,762   -5.8 %   Occupancy and Gear   9,602     9,688   -0.9 %   Outsourced Information Processing   4,860     4,815   0.9 %   Skilled Charges   1,472     1,772   -16.9 %   Courier Service   1,243     1,071   16.1 %   Amortization of         Identifiable Intangibles   128     137   -6.6 %   Different Noninterest Expense   8,867     6,952   27.5 %   Whole Noninterest Expense $ 49,504   $ 49,197   0.6 %             Noninterest Expense/         Avg. Incomes Belongings   1.43 %   1.54 %     Noninterest Expense/Revenues (FTE)   43.2 %   45.4 %               8. Allowance for Credit score Losses.           ({dollars} in hundreds)       %     Q2’2022 Q2’2021 Change Q1’2022           Common Whole Loans $ 1,009,633   $ 1,257,087   -19.7 % $ 1,029,724             Starting of Interval Allowance for         Credit score Losses on Loans (ACLL) $ 22,925   $ 23,483   -2.4 % $ 23,514   Provision for Credit score Losses   –     –   n/m     –   Web ACLL (Losses) Recoveries   (612 )   254   -340.9 %   (589 ) Finish of Interval ACLL $ 22,313   $ 23,737   -6.0 % $ 22,925   Gross ACLL Recoveries /         Gross ACLL Losses   57 %   176 %     51 % Web ACLL Losses (Recoveries) /         Avg. Whole Loans (a)   0.24 %   -0.08 %     0.23 %                 %     6/30’22YTD 6/30’21YTD Change             Common Whole Loans $ 1,019,623   $ 1,254,328   -18.7 %             Starting of Interval ACLL $ 23,514   $ 23,854   -1.4 %   Provision for Credit score Losses   –     –   n/m     Web ACLL Losses   (1,201 )   (117 ) 926.5 %   Finish of Interval ACLL $ 22,313   $ 23,737   -6.0 %   Gross ACLL Recoveries /         Gross ACLL Losses   54 %   91 %     Web ACLL Losses /         Avg. Whole Loans   0.24 %   0.02 %                 ({dollars} in hundreds)       %     6/30/22 6/30/21 Change 3/31/22 Allowance for Credit score Losses on Loans $ 22,313   $ 23,737   -6.0 % $ 22,925   Allowance for Credit score Losses on         HTM Securities   7     9   -22.3 %   7   Whole Allowance for Credit score Losses $ 22,320   $ 23,746   -6.0 % $ 22,932             Allowance for Unfunded         Credit score Commitments $ 201   $ 101   99.3 % $ 201             9. Credit score High quality.           ({dollars} in hundreds)       %     6/30/22 6/30/21 Change 3/31/22 Nonperforming Loans:         Nonperforming Nonaccrual $ 12   $ 652   -98.2 % $ 63   Performing Nonaccrual   235     3,564   -93.4 %   421   Whole Nonaccrual Loans   247     4,216   -94.1 %   484   90+ Days Previous Due Accruing Loans   614     167   267.7 %   431   Whole Nonperforming Loans $ 861   $ 4,383   -80.4 % $ 915             Whole Loans Excellent $ 999,768   $ 1,194,834   -16.3 % $ 1,002,514             Whole Belongings   7,222,405     7,147,779   1.0 %   7,306,417             Loans:         Allowance for Credit score Losses on Loans $ 22,313   $ 23,737   -6.0 % $ 22,925   Allowance for Credit score Losses on Loans /         Loans   2.23 %   1.99 %     2.29 % Nonperforming Loans/Whole Loans   0.09 %   0.37 %     0.09 %           10. Capital.           (in hundreds, besides per-share quantities)       %     6/30/22 6/30/21 Change 3/31/22           Shareholders’ Fairness $ 617,126   $ 842,196   -26.7 % $ 701,744   Whole Belongings   7,222,405     7,147,779   1.0 %   7,306,417   Shareholders’ Fairness/         Whole Belongings   8.54 %   11.78 %     9.60 % Shareholders’ Fairness/         Whole Loans   61.73 %   70.49 %     70.00 % Tangible Frequent Fairness Ratio   6.97 %   10.24 %     8.06 % Frequent Shares Excellent   26,896     26,865   0.1 %   26,883   Frequent Fairness Per Share $ 22.94   $ 31.35   -26.8 % $ 26.10   Market Worth Per Frequent Share   55.66     58.03   -4.1 %   60.50               (shares in hundreds)       %     Q2’2022 Q2’2021 Change Q1’2022 Share Repurchase Applications:         Whole Shares Repurchased   –     –   n/m     3   Common Repurchase Value $ –   $ –   n/m   $ 58.66   Web Shares (Issued)   (13 )   (1 ) n/m     (17 )                 %     6/30’22YTD 6/30’21YTD Change             Whole Shares Repurchased   3     4   n/m     Common Repurchase Value $ 58.66   $ 61.09   n/m     Web Shares (Issued)   (30 )   (58 ) n/m               11. Interval-Finish Stability Sheets.           (unaudited, {dollars} in hundreds)       %     6/30/22 6/30/21 Change 3/31/22 Belongings:         Money and Due from Banks $ 753,293   $ 939,929   -19.9 % $ 1,037,593             Fairness Securities   –     –   n/m     –   Debt Securities Out there For Sale         Company Securities   2,296,853     2,596,850   -11.6 %   2,547,118   Collateralized Mortgage Obligations   1,601,333     1,092,112   46.6 %   1,616,584   Company Mortgage Backed Securities   331,425     510,460   -35.1 %   363,181   Securities OF U.S. Authorities sponsored entities   290,725     –   n/m     –   Obligations of States and Political Subdivisions   86,676     104,603   -17.1 %   89,595   Different Debt Securities Out there For Sale   102     137   -25.6 %   110   Whole Debt Securities Out there For Sale   4,607,114     4,304,162   7.0 %   4,616,588             Debt Securities Held To Maturity         Company Mortgage Backed Securities   121,810     187,901   -35.2 %   133,754   Company Securities   181,316     –   n/m     –   Obligations of States and Political Subdivisions (2)   139,228     226,512   -38.5 %   146,766   Whole Debt Securities Held To Maturity (2)   442,354     414,413   6.7 %   280,520             Loans   999,768     1,194,834   -16.3 %   1,002,514   Allowance For Credit score Losses on Loans   (22,313 )   (23,737 ) -6.0 %   (22,925 ) Whole Loans, internet   977,455     1,171,097   -16.5 %   979,589             Premises and Gear, internet   30,309     32,080   -5.5 %   30,626   Identifiable Intangibles, internet   707     967   -26.9 %   771   Goodwill   121,673     121,673   0.0 %   121,673   Different Belongings   289,500     163,458   77.1 %   239,057             Whole Belongings $ 7,222,405   $ 7,147,779   1.0 % $ 7,306,417             Liabilities and Shareholders’ Fairness:         Deposits:         Noninterest-Bearing $ 2,987,725   $ 2,872,920   4.0 % $ 3,000,268   Curiosity-Bearing Transaction   1,303,700     1,200,634   8.6 %   1,279,165   Financial savings   1,983,713     1,849,258   7.3 %   1,984,719   Time   140,453     153,577   -8.5 %   141,722   Whole Deposits   6,415,591     6,076,389   5.6 %   6,405,874             Brief-Time period Borrowed Funds   118,167     90,043   31.2 %   124,442   Different Liabilities   71,521     139,151   -48.6 %   74,357   Whole Liabilities   6,605,279     6,305,583   4.8 %   6,604,673             Shareholders’ Fairness:         Frequent Fairness:         Paid-In Capital   473,555     470,365   0.7 %   472,470   Collected Different         Complete (Loss) Earnings   (188,025 )   86,921   n/m     (88,300 ) Retained Earnings   331,596     284,910   16.4 %   317,574   Whole Shareholders’ Fairness   617,126     842,196   -26.7 %   701,744             Whole Liabilities and         Shareholders’ Fairness $ 7,222,405   $ 7,147,779   1.0 % $ 7,306,417             12. Earnings Statements.           (unaudited, in hundreds besides per-share quantities)       %     Q2’2022 Q2’2021 Change Q1’2022 Curiosity & Price Earnings:         Loans $ 12,331   $ 15,064   -18.1 % $ 12,942   Fairness Securities   129     110   17.3 %   128   Debt Securities Out there For Sale   31,764     26,481   19.9 %   28,566   Debt Securities Held To Maturity   1,771     2,362   -25.0 %   1,644   Curiosity-Bearing Money   2,002     259   673.0 %   479   Whole Curiosity & Price Earnings   47,997     44,276   8.4 %   43,759             Curiosity Expense:         Transaction Deposits   91     93   -2.2 %   88   Financial savings Deposits   288     263   9.5 %   283   Time Deposits   82     110   -25.5 %   81   Brief-Time period Borrowed Funds   22     18   22.2 %   28   Different Borrowed Funds   –     –   n/m     –   Whole Curiosity Expense   483     484   -0.2 %   480             Web Curiosity Earnings   47,514     43,792   8.5 %   43,279             Provision for Credit score Losses   –     –   n/m     –             Noninterest Earnings:         Service Expenses   3,687     3,235   14.0 %   3,582   Service provider Processing Companies   3,374     3,279   2.9 %   2,623   Debit Card Charges (1)   1,709     1,791   -4.6 %   2,872   Belief Charges   809     827   -2.2 %   843   ATM Processing Charges   469     618   -24.1 %   451   Different Service Charges   480     491   -2.3 %   449   Monetary Companies Commissions   118     95   24.2 %   117   Securities Features   –     34   n/m     –   Different Noninterest Earnings   618     662   -6.6 %   639   Whole Noninterest Earnings   11,264     11,032   2.1 %   11,576             Noninterest Expense:         Salaries and Advantages   11,412     12,097   -5.7 %   11,920   Occupancy and Gear   4,856     4,808   1.0 %   4,746   Outsourced Information Processing   2,423     2,425   -0.1 %   2,437   Skilled Charges   736     830   -11.3 %   736   Courier Service   661     567   16.6 %   582   Amortization of Identifiable Intangibles   64     68   -5.9 %   64   Different Noninterest Expense   4,477     3,496   28.1 %   4,390   Whole Noninterest Expense   24,629     24,291   1.4 %   24,875             Earnings Earlier than Earnings Taxes   34,149     30,533   11.8 %   29,980   Earnings Tax Provision   8,835     7,954   11.1 %   7,364   Web Earnings $ 25,314   $ 22,579   12.1 % $ 22,616             Common Frequent Shares Excellent   26,889     26,865   0.1 %   26,870   Diluted Frequent Shares Excellent   26,901     26,887   0.1 %   26,885             Per Frequent Share Information:         Primary Earnings $ 0.94   $ 0.84   11.9 % $ 0.84   Diluted Earnings   0.94     0.84   11.9 %   0.84   Dividends Paid   0.42     0.41   2.4 %   0.42                   %     6/30’22YTD 6/30’21YTD Change   Curiosity & Price Earnings:         Loans $ 25,273   $ 29,645   -14.7 %   Fairness Securities   257     220   16.8 %   Debt Securities Out there For Sale   60,330     51,370   17.4 %   Debt Securities Held To Maturity   3,415     4,960   -31.2 %   Curiosity-Bearing Money   2,481     397   524.9 %   Whole Curiosity & Price Earnings   91,756     86,592   6.0 %             Curiosity Expense:         Transaction Deposits   179     182   -1.6 %   Financial savings Deposits   571     513   11.3 %   Time Deposits   163     230   -29.1 %   Brief-Time period Borrowed Funds   50     34   47.1 %   Whole Curiosity Expense   963     959   0.4 %             Web Curiosity Earnings   90,793     85,633   6.0 %             Provision for Credit score Losses   –     –   n/m               Noninterest Earnings:         Service Expenses   7,269     6,539   11.2 %   Service provider Processing Companies   5,997     5,839   2.7 %   Debit Card Charges (1)   4,581     3,392   35.1 %   Belief Charges   1,652     1,628   1.5 %   ATM Processing Charges   920     1,219   -24.6 %   Different Service Charges   929     960   -3.2 %   Monetary Companies Commissions   235     165   42.4 %   Securities Features   –     34   n/m     Different Working   1,257     1,445   -13.0 %   Whole Noninterest Earnings   22,840     21,221   7.6 %             Noninterest Expense:         Salaries and Advantages   23,332     24,762   -5.8 %   Occupancy and Gear   9,602     9,688   -0.9 %   Outsourced Information Processing   4,860     4,815   0.9 %   Skilled Charges   1,472     1,772   -16.9 %   Courier Service   1,243     1,071   16.1 %   Amortization of Identifiable Intangibles   128     137   -6.6 %   Different Working   8,867     6,952   27.5 %   Whole Noninterest Expense   49,504     49,197   0.6 %             Earnings Earlier than Earnings Taxes   64,129     57,657   11.2 %   Earnings Tax Provision   16,199     14,931   8.5 %   Web Earnings $ 47,930   $ 42,726   12.2 %             Common Frequent Shares Excellent   26,880     26,843   0.1 %   Diluted Frequent Shares Excellent   26,893     26,865   0.1 %             Per Frequent Share Information:         Primary Earnings $ 1.78   $ 1.59   11.9 %   Diluted Earnings   1.78     1.59   11.9 %   Dividends Paid   0.84     0.82   2.4 %             Footnotes and Abbreviations:                   (1) The Firm obtained a $1.2 million reconciling cost from a funds community within the first quarter 2022.           (2) Debt Securities Held To Maturity and Obligations of States and Political Subdivisions are internet of associated reserve for anticipated credit score losses of $7 thousand at June 30, 2022 and March 31, 2022, and $9 thousand at June 30, 2021.           (FTE) Absolutely Taxable Equal. The Firm presents its internet curiosity margin and internet curiosity revenue on a FTE foundation utilizing the present statutory federal tax fee. Administration believes the FTE foundation is efficacious to the reader as a result of the Firm’s mortgage and funding securities portfolios include a comparatively giant portion of municipal loans and securities which can be federally tax exempt. The Firm’s tax exempt loans and securities composition will not be much like that of different banks, due to this fact so as to replicate the impression of the federally tax exempt loans and securities on the web curiosity margin and internet curiosity revenue for comparability with different banks, the Firm presents its internet curiosity margin and internet curiosity revenue on a FTE foundation.           (a) Annualized                   Sure quantities in prior intervals have been reclassified to evolve to the present presentation.