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Condensd Consolidated Statements of Operations and Comprehensive Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest and Dividend Income        
Loans receivable, including loan fees $ 87,879 $ 88,761 $ 176,719 $ 179,462
Investment securities- taxable 12,332 17,166 24,118 34,889
Investment securities- nontaxable 28 1,039 995 2,091
Federal Home Loan Bank stock 342 67 592 133
Federal funds sold and securities purchased under agreements to resell   11   16
Deposits with banks 281 537 489 1,125
Total interest and dividend income 100,862 107,581 202,913 217,716
Interest Expense        
Time deposits of $100,000 or more 6,822 8,642 13,579 18,182
Other deposits 2,993 3,868 5,759 7,784
Securities sold under agreements to repurchase 9,984 14,598 21,376 29,253
Advances from Federal Home Loan Bank 145 69 225 122
Long-term debt 924 1,284 1,848 2,604
Total interest expense 20,868 28,461 42,787 57,945
Net interest income before provision for credit losses 79,994 79,120 160,126 159,771
Provision/(credit) for loan losses   (5,000)   (9,000)
Net interest income after provision/(credit) for loan losses 79,994 84,120 160,126 168,771
Non-Interest Income        
Securities gains, net 12,177 2,374 18,469 4,589
Letters of credit commissions 1,449 1,619 2,910 3,145
Depository service fees 1,485 1,383 2,959 2,772
Other operating income 5,250 4,476 10,904 8,177
Total non-interest income 20,361 9,852 35,242 18,683
Non-interest Expense        
Salaries and employee benefits 21,588 20,097 44,441 39,975
Occupancy expense 3,510 3,489 7,154 7,073
Computer and equipment expense 2,366 2,391 5,042 4,854
Professional services expense 6,854 5,209 12,671 9,951
FDIC and State assessments 1,981 1,971 3,719 4,460
Marketing expense 1,169 1,483 1,606 2,889
Other real estate owned (income)/expense (264) 7,061 359 11,754
Operations of affordable housing investments, net 2,023 1,951 3,718 3,911
Amortization of core deposit intangibles 1,338 1,404 2,734 2,861
Costs associated with debt redemption 10,051   15,696 2,750
Other operating expense 3,100 2,286 5,704 4,735
Total non-interest expense 53,716 47,342 102,844 95,213
Income before income tax expense 46,639 46,630 92,524 92,241
Income tax expense 16,573 16,619 33,460 33,166
Net income 30,066 30,011 59,064 59,075
Less: net income attributable to noncontrolling interest 150 150 301 301
Net income attributable to Cathay General Bancorp 29,916 29,861 58,763 58,774
Dividends on preferred stock and noncash charge from repayment (2,067) (4,121) (7,251) (8,238)
Net income attributable to common stockholders 27,849 25,740 51,512 50,536
Other comprehensive (loss)/income, net of tax        
Unrealized holding (loss)/gain arising during the period (31,492) 2,225 (4,833) 7,704
Less: reclassification adjustments included in net income 7,058 1,376 10,705 2,660
Total other comprehensive (loss)/gain, net of tax (38,550) 849 (15,538) 5,044
Total comprehensive (loss)/income $ (8,634) $ 30,710 $ 43,225 $ 63,818
Net income per common share:        
Basic (in Dollars per share) $ 0.35 $ 0.33 $ 0.65 $ 0.64
Diluted (in Dollars per share) $ 0.35 $ 0.33 $ 0.65 $ 0.64
Cash dividends paid per common share (in Dollars per share) $ 0.01 $ 0.01 $ 0.02 $ 0.02
Average common shares outstanding        
Basic (in Shares) 78,869,089 78,710,279 78,832,530 78,694,462
Diluted (in Shares) 78,899,906 78,712,172 78,857,758 78,701,152