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

12 Months Ended

Dec. 31, 2014

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Balance Sheet [Table Text Block]

	As of December 31,
	2014			2013
	(In thousands, except
	share and per share data)
Assets
Cash	$	7,420		$	1,835
Cash pledged as margin for interest rate swaps		7,465			-
Short-term certificates of deposit		23,203			38,000
Securities available for sale		10,244			11,404
Investment in bank subsidiaries		1,666,238			1,525,459
Investment in non-bank subsidiaries		2,631			2,536
Other assets		9,541			1,462
Total assets	$	1,726,742		$	1,580,696
Liabilities
Junior subordinated debt	$	119,136		$	121,136
Other liabilities		4,718			589
Total liabilities		123,854			121,725
Commitments and contingencies		-			-
Stockholders' equity
Common stock, $0.01 par value, 100,000,000 shares authorized, 84,022,118 issued and 79,814,553 outstanding at December 31, 2014, and 83,797,434 issued and 79,589,869 outstanding at December 31, 2013		840			838
Additional paid-in-capital		789,519			784,489
Accumulated other comprehensive loss, net		(5,569	)		(29,729	)
Retained earnings		943,834			829,109
Treasury stock, at cost (4,207,565 shares at December 31, 2014, and at December 31, 2013)		(125,736	)		(125,736	)
Total stockholders' equity		1,602,888			1,458,971
Total liabilities and stockholders' equity	$	1,726,742		$	1,580,696

Condensed Income Statement [Table Text Block]

	Year Ended December 31,
	2014		2013			2012
	(In thousands)
Cash dividends from Cathay Bank	$	30,000	$	138,030		$	154,700
Interest income		88		157			196
Interest expense		4,469		2,994			3,228
Non-interest income		10,144		434			3,718
Non-interest expense		2,248		2,443			2,064
Income before income tax benefit		33,515		133,184			153,322
Income tax benefit		1,478		(2,037	)		(579	)
Income before undistributed earnings of subsidiaries		32,037		135,221			153,901
Distributions more than earnings of subsidiaries		-		(12,078	)		(36,463	)
Undistributed earnings of subsidiary		105,793		-			-
Net income	$	137,830	$	123,143		$	117,438

Condensed Cash Flow Statement [Table Text Block]

	Year Ended December 31,
	2014			2013			2012
	(In thousands)
Cash flows from Operating Activities
Net income	$	137,830		$	123,143		$	117,438
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		(105,793	)		-			-
Gains on sale of securities		(10,689	)		-			(3,380	)
Income associated with debt redemption		(555	)		-			-
Write-downs on venture capital and other investments		432			357			262
Write-downs on impaired securities		264			-			181
Loss in fair value of warrants		3			56			114
Stock issued to officers as compensation		350			-			-
Excess tax short-fall from stock options		1,285			2,509			620
Net change in other assets		(3,445	)		(1,684	)		1,820
Net change in other liabilities		(1,294	)		27			71
Net cash provided by operating activities		18,388			136,486			153,589
Cash flows from Investment Activities
Decrease/(increase) in short-term investment		14,797			123,300			(142,300	)
Proceeds from sale of available-for-sale securities		12,083			-			4,849
Purchase of available-for-sale securities		(7,920	)		-			-
Venture capital and other investments		(590	)		(835	)		(694	)
Net cash provided by/(used in) investment activities		18,370			122,465			(138,145	)
Cash flows from Financing Activities
Redemption of Series B preferred stock		-			(258,000	)		-
Repayment of long-term debt		(1,445	)		-			-
Cash dividends		(23,104	)		(12,606	)		(16,049	)
Proceeds from shares issued under the Dividend Reinvestment Plan		2,848			605			291
Proceeds from exercise of stock options		128			14,755			764
Taxes paid related to net share settlement of RSUs		(850	)		-			-
Excess tax short-fall from share-based payment arrangements		(1,285	)		(2,509	)		(620	)
Net cash used in financing activities		(23,708	)		(257,755	)		(15,614	)
Increase/(decrease) in cash and cash equivalents		13,050			1,196			(170	)
Cash and cash equivalents, beginning of year		1,835			639			809
Cash and cash equivalents, end of year	$	14,885		$	1,835		$	639