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

12 Months Ended

Dec. 31, 2013

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Balance Sheet [Table Text Block]

	As of December 31,
	2013			2012
	(In thousands, except share and per share data)
Assets
Cash	$	1,835		$	639
Short-term certificates of deposit		38,000			161,300
Investment in bank subsidiaries		1,525,459			1,569,902
Investment in non-bank subsidiaries		2,536			2,598
Other assets		12,866			9,936
Total assets	$	1,580,696		$	1,744,375
Liabilities
Junior subordinated debt	$	121,136		$	121,136
Other liabilities		589			2,182
Total liabilities		121,725			123,318
Commitments and contingencies		-			-
Stockholders' equity
Preferred stock, 10,000,000 shares authorized, none issued and outstanding at December 31, 2013, 258,000 issued and outstanding at December 31, 2012		-			254,580
Common stock, $0.01 par value, 100,000,000 shares authorized, 83,797,434 issued and 79,589,869 outstanding at December 31, 2013, and 82,985,853 issued and 78,778,288 outstanding at December 31, 2012		838			830
Additional paid-in-capital		784,489			768,925
Accumulated other comprehensive loss, net		(29,729	)		465
Retained earnings		829,109			721,993
Treasury stock, at cost (4,207,565 shares at December 31, 2013, and at December 31, 2012)		(125,736	)		(125,736	)
Total stockholders' equity		1,458,971			1,621,057
Total liabilities and stockholders' equity	$	1,580,696		$	1,744,375

Condensed Income Statement [Table Text Block]

	Year Ended December 31,
	2013			2012			2011
	(In thousands)
Cash dividends from Cathay Bank	$	138,030		$	154,700		$	-
Interest income		157			196			259
Interest expense		2,994			3,228			3,038
Non-interest income/(loss)		434			3,718			286
Non-interest expense		2,443			2,064			1,548
Income/(loss) before income tax benefit		133,184			153,322			(4,041	)
Income tax benefit		(2,037	)		(579	)		(1,699	)
Loss before undistributed earnings of subsidiaries		135,221			153,901			(2,342	)
Distributions less (more) than earnings of subsidiaries		(12,078	)		(36,463	)		102,492
Net income	$	123,143		$	117,438		$	100,150

Condensed Cash Flow Statement [Table Text Block]

	Year Ended December 31,
	2013			2012			2011
	(In thousands)
Cash flows from Operating Activities
Net income	$	123,143		$	117,438		$	100,150
Adjustments to reconcile net income to net cash provided by operating activities:
Dividends in excess of earnings of subsidiaries		12,078			36,463			-
Equity in undistributed earnings of subsidiaries		-			-			(102,492	)
Gains on sale of securities		-			(3,380	)		-
Increase in accrued expense		-			12			24
Write-downs on venture capital and other investments		357			262			321
Write-downs on impaired securities		-			181			200
Loss/(gains) in fair value of warrants		56			114			(215	)
Excess tax short-fall from stock options		2,509			620			290
Net change in other assets		(1,684	)		1,820			(121	)
Net change in other liabilities		27			59			(221	)
Net cash provided by/(used in) operating activities		136,486			153,589			(2,064	)
Cash flows from Investment Activities
Decrease/(increase) in short-term investment		123,300			(142,300	)		17,500
Proceeds from sale of available-for-sale securities		-			4,849			-
Venture capital and other investments		(835	)		(694	)		(671	)
Net cash provided by/(used in) investment activities		122,465			(138,145	)		16,829
Cash flows from Financing Activities
Redemption of Series B preferred stock		(258,000	)		-			-
Cash dividends		(12,606	)		(16,049	)		(16,046	)
Proceeds from shares issued under the Dividend Reinvestment Plan		605			291			287
Proceeds from exercise of stock options		14,755			764			1,306
Excess tax short-fall from share-based payment arrangements		(2,509	)		(620	)		(290	)
Net cash used in financing activities		(257,755	)		(15,614	)		(14,743	)
Increase/(decrease) in cash and cash equivalents		1,196			(170	)		22
Cash and cash equivalents, beginning of year		639			809			787
Cash and cash equivalents, end of year	$	1,835		$	639		$	809