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Note 11 - Capital Resources (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Schedule of Subordinated Borrowing [Table Text Block]

As of December 31, 2023

   

Principal

 

Not

 

Annualized

 

Current

 

Date of

Payable/

 

Issuance

 

Balance of

 

Redeemable

Stated

Coupon

 

Interest

 

Rate

Distribution

Trust Name

Date

 

Notes

 

Until

Maturity

Rate

 

Rate

 

Change

Date

(Dollars in thousands)

Cathay Capital Trust I

June 26,

 $20,619 

June 30,

June 30,

3-month

  8.81%

December 29,

March 30

 

2003

    

2008

2033

SOFR

    

2023

June 30

        

+ 3.15%

     

September 30

        

+ 0.26161%

     

December 30

               

Cathay Statutory Trust I

September 17,

  20,619 

September 17,

September 17,

3-month

  8.67%

December 17,

March 17

 

2003

    

2008

2033

SOFR

    

2023

June 17

        

+ 3.00%

     

September 17

        

+ 0.26161%

     

December 17

               

Cathay Capital Trust II

December 30,

  12,887 

March 30,

March 30,

3-month

  8.56%

December 29,

March 30

 

2003

    

2009

2034

SOFR

    

2023

June 30

        

+ 2.90%

     

September 30

        

+ 0.26161%

     

December 30

               

Cathay Capital Trust III

March 28,

  46,392 

June 15,

June 15,

3-month

  7.15%

December 14,

March 15

 

2007

    

2012

2037

SOFR

    

2023

June 15

        

+ 1.48%

     

September 15

        

+ 0.26161%

     

December 15

               

Cathay Capital Trust IV

May 31,

  18,619 

September 6,

September 6,

3-month

  7.06%

December 5,

March 6

 

2007

    

2012

2037

SOFR

    

2023

June 6

        

+ 1.40%

     

September 6

Total Junior Subordinated Notes

 $119,136          

As of December 31, 2022

   

Principal

 

Not

 

Annualized

 

Current

 

Date of

Payable/

 

Issuance

 

Balance of

 

Redeemable

Stated

Coupon

 

Interest

 

Rate

Distribution

Trust Name

Date

 

Notes

 

Until

Maturity

Rate

 

Rate

 

Change

Date

(Dollars in thousands)

Cathay Capital Trust I

June 26,

 $20,619 

June 30,

June 30,

3-month

  6.82%

December 29,

March 30

 

2003

    

2008

2033

LIBOR

    

2022

June 30

        

+ 3.15%

     

September 30

              

December 30

Cathay Statutory Trust I

September 17,

  20,619 

September 17,

September 17,

3-month

  6.53%

December 18,

March 17

 

2003

    

2008

2033

LIBOR

    

2022

June 17

        

+ 3.00%

     

September 17

              

December 17

Cathay Capital Trust II

December 30,

  12,887 

March 30,

March 30,

3-month

  6.57%

December 29,

March 30

 

2003

    

2009

2034

LIBOR

    

2022

June 30

        

+ 2.90%

     

September 30

              

December 30

Cathay Capital Trust III

March 28,

  46,392 

June 15,

June 15,

3-month

  4.77%

December 14,

March 15

 

2007

    

2012

2037

LIBOR

    

2022

June 15

        

+ 1.48%

     

September 15

              

December 15

Cathay Capital Trust IV

May 31,

  18,619 

September 6,

September 6,

3-month

  4.54%

December 5,

March 6

 

2007

    

2012

2037

LIBOR

    

2022

June 6

        

+ 1.4%

     

September 6

              

December 6

Total Junior Subordinated Notes

 $119,136