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SAN RAFAEL, Calif. (AP) — SAN RAFAEL, Calif. (AP) — Westamerica Bancorp (WABC) on Thursday reported net income of $31 million in its first quarter.

The San Rafael, California-based bank said it had earnings of $1.16 per share.

The holding company for Westamerica Bank posted revenue of $69.8 million in the period. Its revenue net of interest expense was $66.4 million, surpassing Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WABC at https://www.zacks.com/ap/WABC