Note 20 - Condensed Financial Information of Cathay General Bancorp (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Condensed Balance Sheet [Table Text Block]

	Year Ended December 31,
	2012			2011
	(In thousands, except share and per share data)
Assets
Cash	$	639		$	809
Short-term certificates of deposit		161,300			19,000
Investment in bank subsidiaries		1,569,902			1,593,831
Investment in non-bank subsidiaries		2,598			2,615
Other assets		9,936			14,189
Total assets	$	1,744,375		$	1,630,444
Liabilities
Junior subordinated debt	$	121,136		$	121,136
Other liabilities		2,182			2,122
Total liabilities		123,318			123,258
Commitments and contingencies		-			-
Stockholders' equity
Preferred stock, 10,000,000 shares authorized, 258,000 issued and outstanding at December 31, 2012, and December 31, 2011		254,580			250,992
Common stock, $0.01 par value, 100,000,000 shares authorized, 82,985,853 issued and 78,778,288 outstanding    at December 31, 2012, and 82,860,122 issued and 78,652,557 outstanding at December 31, 2011		830			829
Additional paid-in-capital		768,925			765,641
Accumulated other comprehensive loss, net		465			(8,732	)
Retained earnings		721,993			624,192
Treasury stock, at cost (4,207,565 shares at December 31, 2012, and at December 31, 2011)		(125,736	)		(125,736	)
Total stockholders' equity		1,621,057			1,507,186
Total liabilities and stockholders' equity	$	1,744,375		$	1,630,444

Schedule of Condensed Income Statement [Table Text Block]

	Year Ended December 31,
	2012			2011			2010
	(In thousands)
Cash dividends from Cathay Bank	$	154,700		$	-		$	-
Interest income		196			259			227
Interest expense		3,228			3,038			3,075
Non-interest income/(loss)		3,718			286			(782	)
Non-interest expense		2,064			1,548			1,308
Income/(loss) before income tax benefit		153,322			(4,041	)		(4,938	)
Income tax benefit		(579	)		(1,699	)		(2,076	)
Loss before undistributed earnings of subsidiaries		153,901			(2,342	)		(2,862	)
Undistributed (loss)/earnings of subsidiaries		(36,463	)		102,492			14,427
Net income	$	117,438		$	100,150		$	11,565

Schedule of Condensed Cash Flow Statement [Table Text Block]

	Year Ended December 31,
	2012			2011			2010
	(In thousands)
Cash flows from Operating Activities
Net income/(loss)	$	117,438		$	100,150		$	11,565
Adjustments to reconcile net income to net cash provided by operating activities:
Dividends in excess of earnings of subsidiaries		36,463			-			-
Equity in undistributed earnings of subsidiaries		-			(102,492	)		(14,427	)
Gains on sale of securities		(3,380	)		-			-
Increase in accrued expense		12			24			3
Write-downs on venture capital and other investments		262			321			521
Write-downs on impaired securities		181			200			492
Loss/(gains) in fair value of warrants		114			(215	)		29
Excess tax short-fall from stock options		620			290			539
(Decrease)/increase in other assets		1,820			(121	)		1,040
Increase/(decrease) in other liabilities		59			(221	)		(607	)
Net cash used in operating activities		153,589			(2,064	)		(845	)
Cash flows from Investment Activities
Additional investment in subsidiary		-			-			(94,000	)
Decrease/(increase) in short-term investment		(142,300	)		17,500			(12,000	)
Proceeds from sale/(purchase) of available-for-sale securities		4,849			-			(418	)
Venture capital investments		(694	)		(671	)		(1,056	)
Net cash provided by/(used in) investment activities		(138,145	)		16,829			(107,474	)
Cash flows from Financing Activities
Cash dividends		(16,049	)		(16,046	)		(16,041	)
Issuance of common stock		-			-			124,928
Proceeds from shares issued under the Dividend Reinvestment Plan		291			287			310
Proceeds from exercise of stock options		764			1,306			-
Excess tax short-fall from share-based payment arrangements		(620	)		(290	)		(539	)
Net cash (used in)/provided by financing activities		(15,614	)		(14,743	)		108,658
Increase in cash and cash equivalents		(170	)		22			339
Cash and cash equivalents, beginning of year		809			787			448
Cash and cash equivalents, end of year	$	639		$	809		$	787