 SAN RAFAEL, Calif., April 15, 2021 GLOBE NEWSWIRE -- Westamerica Bancorporation Nasdaq: WABC, parent company of Westamerica Bank, generated net income for the first quarter 2021 of 20.1 million and diluted earnings per common share EPS of 0.75. First quarter 2021 results include make-whole interest income on corporate bonds redeemed prior to maturity, which increased EPS 0.02. These results compare to net income of 23.8 million and EPS of 0.89 for the fourth quarter 2020, which included a gain on sale of a closed branch building, make-whole interest income on corporate bonds redeemed before maturity, and a customary adjustment to the tax provision for filed 2019 tax returns, which increased EPS 0.15. 