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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Interest and Dividend Income    
Loans receivable, including loan fees $ 92,732 $ 88,840
Investment securities- taxable 7,576 11,786
Investment securities- nontaxable   967
Federal Home Loan Bank stock 450 250
Deposits with banks 449 208
Total interest and dividend income 101,207 102,051
Interest Expense    
Time deposits of $100,000 or more 6,664 6,757
Other deposits 4,028 2,766
Securities sold under agreements to repurchase 6,930 11,392
Advances from Federal Home Loan Bank 199 80
Long-term debt 728 924
Total interest expense 18,549 21,919
Net interest income before provision for credit losses 82,658 80,132
Net interest income after provision for loan losses 82,658 80,132
Non-Interest Income    
Securities gains, net 5,960 6,292
Letters of credit commissions 1,468 1,461
Depository service fees 1,363 1,474
Other operating income 5,768 5,654
Total non-interest income 14,559 14,881
Non-interest Expense    
Salaries and employee benefits 23,451 22,853
Occupancy expense 3,862 3,644
Computer and equipment expense 2,302 2,676
Professional services expense 5,156 5,817
FDIC and State assessments 2,154 1,738
Marketing expense 564 437
Other real estate owned expense 759 623
Operations of affordable housing investments, net 2,436 1,695
Amortization of core deposit intangibles 172 1,396
Costs associated with debt redemption 3,376 5,645
Other operating expense 3,836 2,604
Total non-interest expense 48,068 49,128
Income before income tax expense 49,149 45,885
Income tax expense 17,890 16,887
Net income 31,259 28,998
Less: net income attributable to noncontrolling interest   151
Net income attributable to Cathay General Bancorp 31,259 28,847
Dividends on preferred stock and noncash charge from repayment   (5,184)
Net income attributable to common stockholders 31,259 23,663
Other comprehensive income, net of tax    
Unrealized holding gain arising during the period 11,094 26,659
Less: reclassification adjustments included in net income 3,455 3,647
Total other comprehensive gain, net of tax 7,639 23,012
Total comprehensive income $ 38,898 $ 51,859
Net income per common share:    
Basic (in Dollars per share) $ 0.39 $ 0.30
Diluted (in Dollars per share) $ 0.39 $ 0.30
Cash dividends paid per common share (in Dollars per share) $ 0.05 $ 0.01
Average common shares outstanding    
Basic (in Shares) 79,595,757 78,795,564
Diluted (in Shares) 80,039,382 78,815,141