v3.26.1
Note 3 - Investment in Westamerica Bancorporation Common Stock
12 Months Ended
Dec. 31, 2025
EBP 94-2156203 002 [Member]  
Notes to Financial Statements  
EBP, Investments in Employer Securities [Text Block]

3.

INVESTMENT IN WESTAMERICA BANCORPORATION COMMON STOCK

 

The Plan's investments at December 31, 2025 and 2024 in Westamerica Bancorporation common stock are as follows:

 

   

2025

   

2024

 
                 

Number of shares

    282,987       289,057  
                 

Cost

  $ 13,113,933     $ 13,364,031  
                 

Fair value

  $ 13,535,278     $ 15,163,919  

 

Concentrations of Investments

 

The Westamerica Common Stock Fund represents 20% and 24% of total investments of the Plan at December 31, 2025 and 2024, respectively. A significant decline in the market value of the Company's stock would have a materially adverse effect on the Plan's net assets available for benefits.