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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 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest and Dividend Income        
Loans receivable, including loan fees $ 90,838 $ 90,024 $ 267,557 $ 269,486
Investment securities- taxable 10,868 15,157 34,986 50,046
Investment securities- nontaxable   1,036 995 3,127
Federal Home Loan Bank stock 449 57 1,041 190
Federal funds sold and securities purchased under agreements to resell   2   18
Deposits with banks 307 471 796 1,596
Total interest and dividend income 102,462 106,747 305,375 324,463
Interest Expense        
Time deposits of $100,000 or more 6,887 7,970 20,466 26,152
Other deposits 3,485 3,261 9,244 11,045
Securities sold under agreements to repurchase 8,402 13,734 29,778 42,987
Advances from Federal Home Loan Bank 150 74 375 196
Long-term debt 930 1,291 2,778 3,895
Total interest expense 19,854 26,330 62,641 84,275
Net interest income before provision for credit losses 82,608 80,417 242,734 240,188
Provision/(credit) for loan losses (3,000)   (3,000) (9,000)
Net interest income after provision/(credit) for loan losses 85,608 80,417 245,734 249,188
Non-Interest Income        
Securities gains, net 8,688 8,652 27,157 13,241
Letters of credit commissions 1,698 1,728 4,608 4,873
Depository service fees 1,371 1,342 4,330 4,114
Other operating income 4,963 3,900 15,867 12,077
Total non-interest income 16,720 15,622 51,962 34,305
Non-interest Expense        
Salaries and employee benefits 22,751 18,451 67,192 58,426
Occupancy expense 3,812 3,853 10,966 10,926
Computer and equipment expense 2,446 2,340 7,488 7,194
Professional services expense 5,813 5,273 18,484 15,224
FDIC and State assessments 1,712 2,094 5,431 6,554
Marketing expense 1,097 519 2,703 3,408
Other real estate owned expense 527 1,794 886 13,548
Operations of affordable housing investments, net 1,234 476 4,952 4,387
Amortization of core deposit intangibles 1,363 1,404 4,097 4,265
Costs associated with debt redemption 6,861 3,450 22,557 6,200
Other operating expense 3,054 8,190 8,758 12,925
Total non-interest expense 50,670 47,844 153,514 143,057
Income before income tax expense 51,658 48,195 144,182 140,436
Income tax expense 19,029 17,686 52,489 50,852
Net income 32,629 30,509 91,693 89,584
Less: net income attributable to noncontrolling interest 151 151 452 452
Net income attributable to Cathay General Bancorp 32,478 30,358 91,241 89,132
Dividends on preferred stock and noncash charge from repayment (2,434) (4,123) (9,685) (12,361)
Net income attributable to common stockholders 30,044 26,235 81,556 76,771
Other comprehensive (loss)/income, net of tax        
Unrealized holding (loss)/gain arising during the period (1,074) 10,650 (5,908) 18,353
Less: reclassification adjustments included in net income 5,036 5,015 15,740 7,674
Total other comprehensive (loss)/gain, net of tax (6,110) 5,635 (21,648) 10,679
Total comprehensive income $ 26,368 $ 35,993 $ 69,593 $ 99,811
Net income per common share:        
Basic (in Dollars per share) $ 0.38 $ 0.33 $ 1.03 $ 0.98
Diluted (in Dollars per share) $ 0.38 $ 0.33 $ 1.03 $ 0.98
Cash dividends paid per common share (in Dollars per share) $ 0.01 $ 0.01 $ 0.03 $ 0.03
Average common shares outstanding        
Basic (in Shares) 78,894,262 78,729,272 78,853,333 78,706,150
Diluted (in Shares) 79,114,122 78,731,180 78,944,152 78,711,235