<ARTICLE> 9 <RESTATED> <CIK> 0000311094 <NAME> WESTAMERICA BANCORPORATION <MULTIPLIER> 1000 <PERIOD-TYPE> YEAR YEAR YEAR <FISCAL-YEAR-END> DEC-31-1995 DEC-31-1994 DEC-31-1993 <PERIOD-END> DEC-31-1995 DEC-31-1994 DEC-31-1993 <CASH> 182133 145512 136930 <INT-BEARING-DEPOSITS> 1552032 1599391 1647395 <FED-FUNDS-SOLD> 0 35445 30820 <TRADING-ASSETS> 0 0 10 <INVESTMENTS-HELD-FOR-SALE> 620337 188187 185864 <INVESTMENTS-CARRYING> 242175 638459 620730 <INVESTMENTS-MARKET> 244303 608146 628216 <LOANS> 1387240 1386989 1393588 <ALLOWANCE> 33508 32450 30045 <TOTAL-ASSETS> 2490944 2457427 2428848 <DEPOSITS> 2049521 2074692 2110031 <SHORT-TERM> 175622 135426 76298 <LIABILITIES-OTHER> 21864 20124 17523 <LONG-TERM> 20000 25524 36352 <PREFERRED-MANDATORY> 0 0 0 <PREFERRED> 0 0 0 <COMMON> 94786 93629 92943 <OTHER-SE> 129151 111032 95701 <TOTAL-LIABILITIES-AND-EQUITY> 2490944 2457427 2428848 <INTEREST-LOAN> 128264 120115 124060 <INTEREST-INVEST> 46113 45979 41915 <INTEREST-OTHER> 0 0 0 <INTEREST-TOTAL> 174377 166094 165975 <INTEREST-DEPOSIT> 48479 41967 47123 <INTEREST-EXPENSE> 58612 49860 51158 <INTEREST-INCOME-NET> 115765 116234 114817 <LOAN-LOSSES> 5595 7420 10581 <SECURITIES-GAINS> 19 (60) 351 <EXPENSE-OTHER> 86340 94341 121441 <INCOME-PRETAX> 45363 40472 16601 <INCOME-PRE-EXTRAORDINARY> 45363 40472 16601 <EXTRAORDINARY> 0 0 0 <CHANGES> 0 0 0 <NET-INCOME> 31384 27662 12094 <EPS-PRIMARY> 3.18 2.79 1.22 <EPS-DILUTED> 3.18 2.79 1.22 <YIELD-ACTUAL> 5.56 5.45 5.5 <LOANS-NON> 9950 10290 15779 <LOANS-PAST> 264 1774 1753 <LOANS-TROUBLED> 0 0 0 <LOANS-PROBLEM> 0 0 0 <ALLOWANCE-OPEN> 32450 30045 29254 <CHARGE-OFFS> 6770 7417 11514 <RECOVERIES> 2233 2402 2408 <ALLOWANCE-CLOSE> 33508 32450 30045 <ALLOWANCE-DOMESTIC> 20750 17516 22052 <ALLOWANCE-FOREIGN> 0 0 0 <ALLOWANCE-UNALLOCATED> 12758 14934 7993