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Note 20 - Condensed Financial Information of Cathay General Bancorp (Tables) | 12 Months Ended
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Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Balance Sheet [Table Text Block] |
|  | As of December 31, |
|  | 2015 |  |  | 2014 |
|  | (In thousands, except |
|  | share and per share data) |
Assets |  |  |  |  |  |  |  |
Cash |  | $ | 5,048 |  |  | $ | 7,420 |
Cash pledged as margin for interest rate swaps |  |  | 7,936 |  |  |  | 7,465 |
Short-term certificates of deposit |  |  | 24,324 |  |  |  | 23,203 |
Securities available for sale |  |  | 11,911 |  |  |  | 10,244 |
Investment in bank subsidiaries |  |  | 1,807,825 |  |  |  | 1,666,238 |
Investment in non-bank subsidiaries |  |  | 5,979 |  |  |  | 2,631 |
Other assets |  |  | 9,551 |  |  |  | 9,541 |
Total assets |  | $ | 1,872,574 |  |  | $ | 1,726,742 |
Liabilities |  |  |  |  |  |  |  |
Junior subordinated debt |  | $ | 119,136 |  |  | $ | 119,136 |
Other liabilities |  |  | 5,660 |  |  |  | 4,718 |
Total liabilities |  |  | 124,796 |  |  |  | 123,854 |
Commitments and contingencies |  |  | - |  |  |  | - |
Stockholders' equity |  |  |  |  |  |  |  |
Common stock, $0.01 par value, 100,000,000 shares authorized, 87,002,931 issued and 80,806,116 outstanding at December 31, 2015, and 84,022,118 issued and 79,814,553 outstanding at December 31, 2014 |  |  | 870 |  |  |  | 840 |
Additional paid-in-capital |  |  | 880,822 |  |  |  | 789,519 |
Accumulated other comprehensive loss, net |  |  | (8,426 | ) |  |  | (5,569 | )
Retained earnings |  |  | 1,059,660 |  |  |  | 943,834 |
Treasury stock, at cost (6,196,815 shares at December 31, 2015, and 4,207,565 shares at December 31, 2014) |  |  | (185,148 | ) |  |  | (125,736 | )
Total stockholders' equity |  |  | 1,747,778 |  |  |  | 1,602,888 |
Total liabilities and stockholders' equity |  | $ | 1,872,574 |  |  | $ | 1,726,742 |
Condensed Income Statement [Table Text Block] |
|  | Year Ended December 31, |
|  | 2015 |  |  | 2014 |  |  | 2013 |
|  | (In thousands) |
Cash dividends from Cathay Bank |  | $ | 163,301 |  |  | $ | 30,000 |  |  | $ | 138,030 |
Interest income |  |  | 68 |  |  |  | 88 |  |  |  | 157 |
Interest expense |  |  | 5,776 |  |  |  | 4,469 |  |  |  | 2,994 |
Non-interest (loss)/income |  |  | (1,858 | ) |  |  | 10,144 |  |  |  | 434 |
Non-interest expense |  |  | 4,644 |  |  |  | 2,248 |  |  |  | 2,443 |
Income before income tax benefit |  |  | 151,091 |  |  |  | 33,515 |  |  |  | 133,184 |
Income tax (benefit)/expense |  |  | (5,134 | ) |  |  | 1,478 |  |  |  | (2,037 | )
Income before undistributed earnings of subsidiaries |  |  | 156,225 |  |  |  | 32,037 |  |  |  | 135,221 |
Distributions more than earnings of subsidiaries |  |  | - |  |  |  | - |  |  |  | (12,078 | )
Undistributed earnings of subsidiary |  |  | 4,884 |  |  |  | 105,793 |  |  |  | - |
Net income |  | $ | 161,109 |  |  | $ | 137,830 |  |  | $ | 123,143 |
Condensed Cash Flow Statement [Table Text Block] |
|  | Year Ended December 31, |
|  | 2015 |  |  | 2014 |  |  | 2013 |
|  | (In thousands) |
Cash flows from Operating Activities |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 161,109 |  |  | $ | 137,830 |  |  | $ | 123,143 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Dividends in excess of earnings of subsidiaries |  |  | - |  |  |  | - |  |  |  | 12,078 |
Equity in undistributed earnings of subsidiaries |  |  | (4,884 | ) |  |  | (105,793 | ) |  |  | - |
Gains on sale of securities |  |  | - |  |  |  | (10,689 | ) |  |  | - |
Income associated with debt redemption |  |  | - |  |  |  | (555 | ) |  |  | - |
Write-downs on venture capital and other investments |  |  | 468 |  |  |  | 432 |  |  |  | 357 |
Write-downs on impaired securities |  |  | - |  |  |  | 264 |  |  |  | - |
Loss in fair value of warrants |  |  | - |  |  |  | 3 |  |  |  | 56 |
Stock issued to directors as compensation |  |  | 495 |  |  |  | 350 |  |  |  | - |
Excess tax short-fall from stock options |  |  | 5,348 |  |  |  | 1,285 |  |  |  | 2,509 |
Net change in other assets |  |  | 619 |  |  |  | (3,445 | ) |  |  | (1,684 | )
Net change in other liabilities |  |  | (5,438 | ) |  |  | (1,294 | ) |  |  | 27 |
Net cash provided by operating activities |  |  | 157,717 |  |  |  | 18,388 |  |  |  | 136,486 |
Cash flows from Investment Activities |  |  |  |  |  |  |  |  |  |  |  |
(Increase)/decrease in short-term investment |  |  | (1,121 | ) |  |  | 14,797 |  |  |  | 123,300 |
Proceeds from sale of available-for-sale securities |  |  | - |  |  |  | 12,083 |  |  |  | - |
Purchase of available-for-sale securities |  |  | (410 | ) |  |  | (7,920 | ) |  |  | - |
Venture capital and other investments |  |  | - |  |  |  | (590 | ) |  |  | (835 | )
Acquisition, net of cash acquired |  |  | (57,006 | ) |  |  | - |  |  |  | - |
Net cash (used in)/provided by investment activities |  |  | (58,537 | ) |  |  | 18,370 |  |  |  | 122,465 |
Cash flows from Financing Activities |  |  |  |  |  |  |  |  |  |  |  |
Redemption of Series B preferred stock |  |  | - |  |  |  | - |  |  |  | (258,000 | )
Repayment of long-term debt |  |  | - |  |  |  | (1,445 | ) |  |  | - |
Cash dividends |  |  | (45,283 | ) |  |  | (23,104 | ) |  |  | (12,606 | )
Proceeds from shares issued under the Dividend Reinvestment Plan |  |  | 4,175 |  |  |  | 2,848 |  |  |  | 605 |
Proceeds from exercise of stock options |  |  | 5,014 |  |  |  | 128 |  |  |  | 14,755 |
Taxes paid related to net share settlement of RSUs |  |  | (227 | ) |  |  | (850 | ) |  |  | - |
Excess tax short-fall from share-based payment arrangements |  |  | (5,348 | ) |  |  | (1,285 | ) |  |  | (2,509 | )
Purchase of treasury stock |  |  | (59,412 | ) |  |  | - |  |  |  | - |
Net cash used in financing activities |  |  | (101,081 | ) |  |  | (23,708 | ) |  |  | (257,755 | )
(Decrease)/increase in cash and cash equivalents |  |  | (1,901 | ) |  |  | 13,050 |  |  |  | 1,196 |
Cash and cash equivalents, beginning of the year |  |  | 14,885 |  |  |  | 1,835 |  |  |  | 639 |
Cash and cash equivalents, end of the year |  | $ | 12,984 |  |  | $ | 14,885 |  |  | $ | 1,835 |

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