Condensed Financial Information of Parent Company Only Disclosure [Text Block] |
| Condensed Financial Information of Cathay General Bancorp | The condensed financial information of the Bancorp as of December 31, 2018, and December 31, 2017, and for the years ended December 31, 2018, 2017, and 2016 is as follows: | | | | | | | | | | | | | | | | | share and per share data) | | | | | | | | | | | Cash | | $ | 19,861 | | | $ | 44,645 | | Cash pledged as margin for interest rate swaps | | | 1,766 | | | | 4,506 | | Short-term certificates of deposit | | | 328 | | | | 327 | | Securities available for sale | | | 17,564 | | | | 19,806 | | Investment in Cathay Bank subsidiary | | | 2,290,073 | | | | 2,134,445 | | Investment in non-bank subsidiaries | | | 4,652 | | | | 4,799 | | Other assets | | | 6,012 | | | | 6,831 | | Total assets | | $ | 2,340,256 | | | $ | 2,215,359 | | | | | | | | | | | Junior subordinated debt | | $ | 119,136 | | | $ | 119,136 | | Long-term Debt | | | 70,313 | | | | 75,000 | | Deferred payments from acquisition | | | 18,458 | | | | 35,404 | | Other liabilities | | | 10,483 | | | | 12,515 | | Total liabilities | | | 218,390 | | | | 242,055 | | Commitments and contingencies | | | - | | | | - | | | | | | | | | | | Common stock, $0.01 par value, 100,000,000 shares authorized, 89,826,317 issued and 80,501,948 outstanding at December 31, 2018, and 89,104,022 issued and 80,893,379 outstanding at December 31, 2017 | | | 898 | | | | 891 | | Additional paid-in-capital | | | 942,062 | | | | 932,874 | | Accumulated other comprehensive loss, net | | | (18,006 | ) | | | (2,511 | ) | Retained earnings | | | 1,479,149 | | | | 1,281,639 | | Treasury stock, at cost (9,324,369 shares at December 31, 2018, and 8,210,643 shares at December 31, 2017) | | | (282,237 | ) | | | (239,589 | ) | Total stockholders' equity | | | 2,121,866 | | | | 1,973,304 | | Total liabilities and stockholders' equity | | $ | 2,340,256 | | | $ | 2,215,359 | | | | | | | | | | | | | | | | | | | | Cash dividends from Cathay Bank and Far East National Bank | | $ | 127,825 | | | $ | 265,207 | | | $ | 113,448 | | Cash dividends from GBC Venture Capital | | | - | | | | - | | | | 950 | | Interest income | | | 57 | | | | 221 | | | | 48 | | Interest expense | | | 9,813 | | | | 7,637 | | | | 5,791 | | Non-interest (loss)/income | | | (1,940 | ) | | | 1,909 | | | | (488 | ) | Gain from acquisition | | | 340 | | | | 5,628 | | | | - | | Non-interest expense | | | 3,782 | | | | 6,726 | | | | 3,756 | | Income before income tax benefit | | | 112,687 | | | | 258,602 | | | | 104,411 | | Income tax benefit | | | (4,971 | ) | | | (5,687 | ) | | | (4,199 | ) | Income before undistributed earnings of subsidiaries | | | 117,658 | | | | 264,289 | | | | 108,610 | | Undistributed earnings of subsidiary | | | 154,227 | | | | (88,247 | ) | | | 66,489 | | Net income | | $ | 271,885 | | | $ | 176,042 | | | $ | 175,099 | | | | | | | | | | | | | | | | | | | | Cash flows from Operating Activities | | | | | | | | | | | | | Net income | | $ | 271,885 | | | $ | 176,042 | | | $ | 175,099 | | Adjustments to reconcile net income to net cash provided by operating activities: | | | | | | | | | | Equity in undistributed earnings of subsidiaries | | | (154,227 | ) | | | 88,247 | | | | (67,770 | ) | Dividends in excess of earnings of non-bank subsidiaries | | | - | | | | - | | | | 1,281 | | Unrealized loss on equity securities | | | 2,242 | | | | - | | | | - | | Write-downs on venture capital and other investments | | | 271 | | | | 254 | | | | 503 | | Write-downs on impaired securities | | | - | | | | - | | | | 206 | | Loss in fair value of warrants | | | (93 | ) | | | (12 | ) | | | (17 | ) | Stock issued to directors as compensation | | | 649 | | | | 550 | | | | 550 | | Net change in other assets | | | 915 | | | | 3,490 | | | | (1,136 | ) | Gain from acquisition | | | (340 | ) | | | (5,628 | ) | | | - | | Net change in other liabilities | | | (1,375 | ) | | | 5,949 | | | | (756 | ) | Net cash provided by operating activities | | | 119,927 | | | | 268,892 | | | | 107,960 | | Cash flows from Investment Activities | | | | | | | | | | | | | (Increase)/decrease in short-term investment | | | (1 | ) | | | (2 | ) | | | 23,999 | | Proceeds from sale of available-for-sale securities | | | - | | | | 12,580 | | | | 294 | | Purchase of available-for-sale securities | | | - | | | | (2,759 | ) | | | - | | Venture capital and other investments | | | 150 | | | | 671 | | | | 134 | | Acquisitions, net of cash acquired | | | - | | | | (275,328 | ) | | | - | | Net cash provided by/(used in) investment activities | | | 149 | | | | (264,838 | ) | | | 24,427 | | Cash flows from Financing Activities | | | | | | | | | | | | | Repayment of long-term debt | | | (21,633 | ) | | | - | | | | - | | Proceeds of issuance of long-term debt | | | - | | | | 75,000 | | | | - | | Cash dividends | | | (83,428 | ) | | | (69,888 | ) | | | (59,274 | ) | Proceeds from shares issued under the Dividend Reinvestment Plan | | | 2,821 | | | | 2,528 | | | | 2,277 | | Proceeds from exercise of stock options | | | 838 | | | | 1,094 | | | | 7,661 | | Taxes paid related to net share settlement of RSUs | | | (3,550 | ) | | | (5,128 | ) | | | (103 | ) | Purchase of treasury stock | | | (42,648 | ) | | | - | | | | (54,441 | ) | Net cash (used in)/provided by financing activities | | | (147,600 | ) | | | 3,606 | | | | (103,880 | ) | (Decrease)/Increase in cash and cash equivalents | | | (27,524 | ) | | | 7,660 | | | | 28,507 | | Cash and cash equivalents, beginning of the year | | | 49,151 | | | | 41,491 | | | | 12,984 | | Cash and cash equivalents, end of the year | | $ | 21,627 | | | $ | 49,151 | | | $ | 41,491 | |
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