Note 23 - Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2012

Quarterly Financial Information [Text Block]

23.   Quarterly Results of Operations (Unaudited)

        The following table sets forth selected unaudited quarterly financial data:

	Summary of Operations
	2012												2011
	Fourth Quarter			Third Quarter			Second Quarter			First Quarter			Fourth Quarter			Third Quarter			Second Quarter			First Quarter
	(In thousands, except per share data)
Interest income	$	105,281		$	106,747		$	107,581		$	110,135		$	111,076		$	114,379		$	114,339		$	113,777
Interest expense		24,216			26,330			28,461			29,484			31,759			33,426			36,024			38,672
Net interest income		81,065			80,417			79,120			80,651			79,317			80,953			78,315			75,105
(Reversal)/provision for credit losses		-			-			(5,000	)		(4,000	)		2,000			9,000			10,000			6,000
Net-interest income after provision for loan losses		81,065			80,417			84,120			84,651			77,317			71,953			68,315			69,105
Non-interest income		12,202			15,622			9,852			8,831			8,986			16,827			12,453			12,626
Non-interest expense		49,532			47,844			47,342			47,871			43,990			48,383			45,410			47,783
Income before income tax expense		43,735			48,195			46,630			45,611			42,313			40,397			35,358			33,948
Income tax expense		15,276			17,686			16,619			16,547			14,459			14,162			10,906			11,734
Net income		28,459			30,509			30,011			29,064			27,854			26,235			24,452			22,214
Less: net income attributable to noncontrolling interest		153			151			150			151			153			151			150			151
Net income attributable to Cathay General Bancorp		28,306			30,358			29,861			28,913			27,701			26,084			24,302			22,063
Dividends on preferred stock		(4,127	)		(4,123	)		(4,121	)		(4,117	)		(4,114	)		(4,111	)		(4,107	)		(4,105	)
Net income available to common stockholders	$	24,179		$	26,235		$	25,740		$	24,796		$	23,587		$	21,973		$	20,195		$	17,958
Basic net income attributable to common stockholders per common share	$	0.31		$	0.33		$	0.33		$	0.32		$	0.30		$	0.28		$	0.26		$	0.23
Diluted net income attributable to commonstockholders per common share	$	0.31		$	0.33		$	0.33		$	0.32		$	0.30		$	0.28		$	0.26		$	0.23