Westamerica Bancorporation (WABC) in San Rafael, Calif., reported another decline in quarterly profits as low interest rates continued to reduce yields on loans and investment securities.

The $4.9 billion-asset parent of Westamerica Bank said Tuesday that its second-quarter net income dropped 11.4% from the same period last year, to $52 million. Earnings per share fell 9.4%, to 58 cents, in line with estimates of analysts polled by Bloomberg,

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