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Assets, liabilities and trust preferred debt of County Bank's former parent company Capital Corporation of the West have not been purchased or assumed by Westamerica Bank or Westamerica Bancorporation. Westamerica Bancorporation (NASDAQ: WABC) announced today its wholly-owned subsidiary bank, Westamerica Bank, entered an agreement with the Federal Deposit Insurance Corporation ("FDIC") to purchase the assets and assume the deposit liabilities of County Bank ("agreement"). Westamerica Bancorporation (NASDAQ:WABC) is scheduled to participate in the RBC Capital Markets 2008 Financial Institutions Conference. |
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