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Condensed Consolidated Statements of Operations and Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
INTEREST AND DIVIDEND INCOME    
Loans receivable, including loan fees $ 90,701 $ 90,558
Investment securities- taxable 17,723 21,854
Investment securities- nontaxable 1,052 1,056
Federal Home Loan Bank stock 66 47
Federal funds sold and securities purchased under agreements to resell 5 41
Deposits with banks 588 221
Total interest and dividend income 110,135 113,777
INTEREST EXPENSE    
Time deposits of $100,000 or more 9,540 10,725
Other deposits 3,916 5,720
Securities sold under agreements to repurchase 14,655 16,171
Advances from Federal Home Loan Bank 53 4,849
Long-term debt 1,320 1,206
Short-term borrowings   1
Total interest expense 29,484 38,672
Net interest income before provision for credit losses 80,651 75,105
Provision (credit) for loan losses (4,000) 6,000
Net interest income after provision for loan losses 84,651 69,105
NON-INTEREST INCOME    
Securities gains, net 2,215 6,232
Letters of credit commissions 1,526 1,278
Depository service fees 1,389 1,361
Other operating income 3,701 3,755
Total non-interest income 8,831 12,626
NON-INTEREST EXPENSE    
Salaries and employee benefits 19,878 18,271
Occupancy expense 3,584 3,538
Computer and equipment expense 2,463 2,183
Professional services expense 4,742 3,729
FDIC and State assessments 2,489 4,317
Marketing expense 1,406 695
Other real estate owned expense 4,693 221
Operations of affordable housing investments, net 1,960 1,976
Amortization of core deposit intangibles 1,457 1,481
Cost associated with debt redemption 2,750 8,811
Other operating expense 2,449 2,561
Total non-interest expense 47,871 47,783
Income before income tax expense 45,611 33,948
Income tax expense 16,547 11,734
Net income 29,064 22,214
Less: net income attributable to noncontrolling interest 151 151
Net income attributable to Cathay General Bancorp 28,913 22,063
Dividends on preferred stock (4,117) (4,105)
Net income attributable to common stockholders 24,796 17,958
Other comprehensive income/(loss), net of tax    
Unrealized holding gain/(loss) arising during the period 5,479 (950)
Less: reclassification adjustments included in net income 1,284 2,620
Total other comprehensive gain/(loss), net of tax 4,195 (3,570)
Total comprehensive income $ 33,108 $ 18,493
Net income per common share:    
Basic (in Dollars per share) $ 0.32 $ 0.23
Diluted (in Dollars per share) $ 0.32 $ 0.23
Cash dividends paid per common share (in Dollars per share) $ 0.01 $ 0.01
Average common shares outstanding    
Basic (in Shares) 78,678,645 78,609,460
Diluted (in Shares) 78,690,132 78,635,620