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Condensed Consolidated Statements Of Operations And Comprehensive Income (USD $)
In Thousands, except Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
INTEREST AND DIVIDEND INCOME    
Loans receivable, including loan fees$ 92,590$ 95,255$ 272,940$ 286,077
Investment securities-taxable20,30424,74965,27483,788
Investment securities-nontaxable1,054193,165195
Federal Home Loan Bank stock3877134171
Federal funds sold and securities purchased under agreements to resell33 81 
Deposits with banks3604069011,031
Total interest and dividend income114,379120,506342,495371,262
INTEREST EXPENSE    
Time deposits of $100,000 or more10,49612,75432,11542,418
Other deposits4,7776,60315,87123,689
Securities sold under agreements to repurchase14,84016,66745,90349,469
Advances from Federal Home Loan Bank2,10110,09010,59230,110
Long-term debt1,2081,0463,6302,902
Short-term borrowings45115
Total interest expense33,42647,165108,122148,593
Net interest income before provision for credit losses80,95373,341234,373222,669
Provision for credit losses9,00017,90025,000146,900
Net interest income after provision for credit losses71,95355,441209,37375,769
NON-INTEREST INCOME    
Securities gains, net8,83348420,2439,112
Letters of credit commissions1,4401,2534,1133,280
Depository service fees1,3411,2774,1013,870
Other operating income/(loss)5,21387213,449(180)
Total non-interest income16,8273,88641,90616,082
NON-INTEREST EXPENSE    
Salaries and employee benefits17,48114,43653,41144,445
Occupancy expense3,7142,80110,70910,432
Computer and equipment expense2,1392,0116,4376,132
Professional services expense4,8464,46013,53414,099
FDIC and State assessments2,6424,5999,86415,527
Marketing expense9087492,4202,469
Other real estate owned expense6,1204538,6035,346
Operations of affordable housing investments , net2,1021,1666,0555,391
Amortization of core deposit intangibles1,4611,4844,4024,476
Cost associated with debt redemption4,540 18,527909
Other operating expense2,4302,7227,61410,137
Total non-interest expense48,38334,881141,576119,363
Income/(loss) before income tax benefit40,39724,446109,703(27,512)
Income tax expense/(benefit)14,1627,02336,802(21,418)
Net income/(loss)26,23517,42372,901(6,094)
Less: net income attributable to noncontrolling interest151151452452
Net income/(loss) attributable to Cathay General Bancorp26,08417,27272,449(6,546)
Dividends on preferred stock(4,111)(4,098)(12,323)(12,286)
Net income/(loss) attributable to common stockholders21,97313,17460,126(18,832)
Other comprehensive (loss)/income, net of tax    
Unrealized holding (loss)/gain arising during the period(4,753)2907,26429,024
Less: reclassification adjustments included in net income5,12020311,7333,831
Total other comprehensive (loss)/gain, net of tax(9,873)87(4,469)25,193
Total comprehensive income$ 16,211$ 17,359$ 67,980$ 18,647
Net income/(loss) per common share:    
Basic$ 0.28$ 0.17$ 0.76$ (0.25)
Diluted$ 0.28$ 0.17$ 0.76$ (0.25)
Cash dividends paid per common share$ 0.01$ 0.01$ 0.03$ 0.03
Average common shares outstanding    
Basic78,640,30878,520,61278,628,47776,584,138
Diluted78,641,14278,520,61278,637,97776,584,138