Company Quick10K Filing
Cathay General Bancorp
Price35.26 EPS3
Shares80 P/E10
MCap2,832 P/FCF9
Net Debt-665 EBIT530
TEV2,168 TEV/EBIT4
TTM 2019-09-30, in MM, except price, ratios
10-Q 2021-03-31 Filed 2021-05-07
10-K 2020-12-31 Filed 2021-03-01
10-Q 2020-09-30 Filed 2020-11-09
10-Q 2020-06-30 Filed 2020-08-10
10-Q 2020-03-31 Filed 2020-05-08
10-K 2019-12-31 Filed 2020-03-02
10-Q 2019-09-30 Filed 2019-11-08
10-Q 2019-06-30 Filed 2019-08-05
10-Q 2019-03-31 Filed 2019-05-09
10-K 2018-12-31 Filed 2019-03-04
10-Q 2018-09-30 Filed 2018-11-08
10-Q 2018-06-30 Filed 2018-08-09
10-Q 2018-03-31 Filed 2018-05-10
10-K 2017-12-31 Filed 2018-03-01
10-Q 2017-09-30 Filed 2017-11-08
10-Q 2017-06-30 Filed 2017-08-09
10-Q 2017-03-31 Filed 2017-05-08
10-K 2016-12-31 Filed 2017-03-01
10-Q 2016-09-30 Filed 2016-11-07
10-Q 2016-06-30 Filed 2016-08-08
10-Q 2016-03-31 Filed 2016-05-09
10-K 2015-12-31 Filed 2016-02-29
10-Q 2015-09-30 Filed 2015-11-05
10-Q 2015-06-30 Filed 2015-08-06
10-Q 2015-03-31 Filed 2015-05-08
10-K 2014-12-31 Filed 2015-03-02
10-Q 2014-09-30 Filed 2014-11-07
10-Q 2014-06-30 Filed 2014-08-07
10-Q 2014-03-31 Filed 2014-05-08
10-K 2013-12-31 Filed 2014-03-03
10-Q 2013-09-30 Filed 2013-11-07
10-Q 2013-06-30 Filed 2013-08-08
10-Q 2013-03-31 Filed 2013-05-08
10-K 2012-12-31 Filed 2013-03-01
10-Q 2012-09-30 Filed 2012-11-09
10-Q 2012-06-30 Filed 2012-08-08
10-Q 2012-03-31 Filed 2012-05-08
10-K 2011-12-31 Filed 2012-02-28
10-Q 2011-09-30 Filed 2011-11-04
10-Q 2011-06-30 Filed 2011-08-09
10-Q 2011-03-31 Filed 2011-05-10
10-K 2010-12-31 Filed 2011-02-28
10-Q 2010-09-30 Filed 2010-11-09
10-Q 2010-06-30 Filed 2010-08-09
10-Q 2010-03-31 Filed 2010-05-07
10-K 2009-12-31 Filed 2010-03-16
8-K 2020-11-19
8-K 2020-10-26
8-K 2020-07-27
8-K 2020-07-16
8-K 2020-05-18
8-K 2020-04-27
8-K 2020-01-22
8-K 2019-10-17
8-K 2019-10-16
8-K 2019-07-17
8-K 2019-06-20
8-K 2019-05-13
8-K 2019-04-17
8-K 2019-01-23
8-K 2019-01-17
8-K 2018-10-26
8-K 2018-10-17
8-K 2018-07-18
8-K 2018-05-14
8-K 2018-04-18
8-K 2018-03-09
8-K 2018-02-25
8-K 2018-01-30

CATY 10Q Quarterly Report

EX-31.1 ex_245882.htm
EX-31.2 ex_245883.htm
EX-32.1 ex_245884.htm
EX-32.2 ex_245885.htm

Cathay General Bancorp Earnings 2021-03-31

Balance SheetIncome StatementCash Flow
2016128402012201420172020
Assets, Equity
0.10.10.10.00.00.02016201720182020
Rev, G Profit, Net Income
0.60.30.1-0.2-0.4-0.72012201420172020
Ops, Inv, Fin

caty20210331_10q.htm
0000861842 Cathay General Bancorp false --12-31 Q1 2021 898,463 1,019,230 0.01 0.01 100,000,000 100,000,000 90,729,966 79,595,025 90,643,206 79,508,265 11,134,941 11,134,941 0.31 0.31 10 4 3 2 1 1 1 1 1 0 3 0 3 0 0 0 0 2017 2018 2019 2020 2016 2017 2018 2019 2020 1 6 10 3 10 the amount is included in other non-interest income. These amounts primarily represent revenue from contracts with customers that are out of the scope of ASC 606. Other real estate owned balance of $4.9 million in the condensed consolidated balance sheets is net of estimated disposal costs. Included in other comprehensive income. the amount of periodic net settlement of interest rate swaps was included in interest expense. See "Accounting Standards Adopted in 2021" in Note 3 Recent Accounting Pronouncements, ASU 2016-13, Financial Instruments - Credit Losses (Topic 326). In accordance with the prospective adoption of ASU 2016-01, the fair value of loans as of December 31, 2019 & 2018 was measured using an exit price notion. Other service fees comprise of fees related to letters of credit, wire fees, fees on foreign exchange transactions and other immaterial individual revenue streams. the amount of periodic net settlement of interest rate swaps was included in interest income. 00008618422021-01-012021-03-31 xbrli:shares 00008618422021-04-30 thunderdome:item iso4217:USD 00008618422021-03-31 00008618422020-12-31 iso4217:USDxbrli:shares 00008618422020-01-012020-03-31 0000861842caty:CommonStockOutstandingMember2020-12-31 0000861842us-gaap:AdditionalPaidInCapitalMember2020-12-31 0000861842us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-12-31 0000861842us-gaap:RetainedEarningsMember2020-12-31 0000861842us-gaap:TreasuryStockMember2020-12-31 0000861842us-gaap:AccountingStandardsUpdate201613Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMembercaty:CommonStockOutstandingMember2020-12-31 0000861842us-gaap:AccountingStandardsUpdate201613Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:AdditionalPaidInCapitalMember2020-12-31 0000861842us-gaap:AccountingStandardsUpdate201613Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:AccumulatedOtherComprehensiveIncomeMember2020-12-31 0000861842us-gaap:AccountingStandardsUpdate201613Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:RetainedEarningsMember2020-12-31 0000861842us-gaap:AccountingStandardsUpdate201613Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:TreasuryStockMember2020-12-31 0000861842us-gaap:AccountingStandardsUpdate201613Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2020-12-31 0000861842caty:CommonStockOutstandingMember2021-01-012021-03-31 0000861842us-gaap:AdditionalPaidInCapitalMember2021-01-012021-03-31 0000861842us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-01-012021-03-31 0000861842us-gaap:RetainedEarningsMember2021-01-012021-03-31 0000861842us-gaap:TreasuryStockMember2021-01-012021-03-31 0000861842caty:CommonStockOutstandingMember2021-03-31 0000861842us-gaap:AdditionalPaidInCapitalMember2021-03-31 0000861842us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-03-31 0000861842us-gaap:RetainedEarningsMember2021-03-31 0000861842us-gaap:TreasuryStockMember2021-03-31 0000861842caty:CommonStockOutstandingMember2019-12-31 0000861842us-gaap:AdditionalPaidInCapitalMember2019-12-31 0000861842us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-12-31 0000861842us-gaap:RetainedEarningsMember2019-12-31 0000861842us-gaap:TreasuryStockMember2019-12-31 00008618422019-12-31 0000861842caty:CommonStockOutstandingMember2020-01-012020-03-31 0000861842us-gaap:AdditionalPaidInCapitalMember2020-01-012020-03-31 0000861842us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-01-012020-03-31 0000861842us-gaap:RetainedEarningsMember2020-01-012020-03-31 0000861842us-gaap:TreasuryStockMember2020-01-012020-03-31 0000861842caty:CommonStockOutstandingMember2020-03-31 0000861842us-gaap:AdditionalPaidInCapitalMember2020-03-31 0000861842us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-03-31 0000861842us-gaap:RetainedEarningsMember2020-03-31 0000861842us-gaap:TreasuryStockMember2020-03-31 00008618422020-03-31 xbrli:pure 0000861842caty:SouthernCaliforniaMember2021-03-31 0000861842caty:NorthernCaliforniaMember2021-03-31 0000861842stpr:NY2021-03-31 0000861842stpr:WA2021-03-31 0000861842stpr:IL2021-03-31 0000861842stpr:TX2021-03-31 0000861842stpr:NJ2021-03-31 0000861842stpr:MD2021-03-31 0000861842stpr:MA2021-03-31 0000861842stpr:NV2021-03-31 0000861842country:HK2021-03-31 0000861842us-gaap:AccountingStandardsUpdate201613Member2021-01-01 0000861842srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2021-01-01 0000861842srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMember2021-01-01 00008618422020-01-012020-12-31 0000861842caty:BankMember2021-03-31 0000861842caty:BankMember2020-12-31 0000861842us-gaap:RestrictedStockUnitsRSUMember2021-01-012021-03-31 0000861842us-gaap:RestrictedStockUnitsRSUMember2020-01-012020-03-31 utr:Y 0000861842us-gaap:RestrictedStockUnitsRSUMember2021-01-012021-03-31 0000861842caty:PerformanceBasedRestrictedStockUnitsMembersrt:MinimumMemberus-gaap:ShareBasedCompensationAwardTrancheOneMember2021-03-31 0000861842caty:PerformanceBasedRestrictedStockUnitsMembersrt:MaximumMemberus-gaap:ShareBasedCompensationAwardTrancheOneMember2021-03-31 0000861842caty:PerformanceBasedRestrictedStockUnitsMember2021-01-012021-03-31 0000861842caty:TimeBasedRestrictedStockUnitsMember2020-12-31 0000861842caty:PerformanceBasedRestrictedStockUnitsMember2020-12-31 0000861842caty:TimeBasedRestrictedStockUnitsMember2021-01-012021-03-31 0000861842caty:TimeBasedRestrictedStockUnitsMember2021-03-31 0000861842caty:PerformanceBasedRestrictedStockUnitsMember2021-03-31 0000861842us-gaap:RestrictedStockUnitsRSUMember2020-01-012020-03-31 0000861842us-gaap:RestrictedStockUnitsRSUMember2021-03-31 0000861842us-gaap:RestrictedStockUnitsRSUMember2020-03-31 0000861842caty:IncentivePlan2005Member2021-03-31 0000861842us-gaap:USTreasurySecuritiesMember2021-03-31 0000861842us-gaap:USGovernmentCorporationsAndAgenciesSecuritiesMember2021-03-31 0000861842us-gaap:MortgageBackedSecuritiesMember2021-03-31 0000861842us-gaap:CollateralizedMortgageObligationsMember2021-03-31 0000861842us-gaap:CorporateDebtSecuritiesMember2021-03-31 0000861842us-gaap:USTreasurySecuritiesMember2020-12-31 0000861842us-gaap:USGovernmentCorporationsAndAgenciesSecuritiesMember2020-12-31 0000861842us-gaap:MortgageBackedSecuritiesMember2020-12-31 0000861842us-gaap:CollateralizedMortgageObligationsMember2020-12-31 0000861842us-gaap:CorporateDebtSecuritiesMember2020-12-31 0000861842caty:DebtSecuritiesAvailableForSaleMember2021-03-31 0000861842us-gaap:USGovernmentCorporationsAndAgenciesSecuritiesMember2021-03-31 0000861842us-gaap:MortgageBackedSecuritiesMember2021-03-31 0000861842us-gaap:CollateralizedMortgageObligationsMember2021-03-31 0000861842us-gaap:CorporateDebtSecuritiesMember2021-03-31 0000861842us-gaap:USTreasurySecuritiesMember2020-12-31 0000861842us-gaap:USGovernmentCorporationsAndAgenciesSecuritiesMember2020-12-31 0000861842us-gaap:MortgageBackedSecuritiesMember2020-12-31 0000861842us-gaap:CollateralizedMortgageObligationsMember2020-12-31 0000861842us-gaap:CorporateDebtSecuritiesMember2020-12-31 0000861842us-gaap:CommercialPortfolioSegmentMember2021-03-31 0000861842us-gaap:CommercialPortfolioSegmentMember2020-12-31 0000861842us-gaap:ResidentialPortfolioSegmentMember2021-03-31 0000861842us-gaap:ResidentialPortfolioSegmentMember2020-12-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMember2021-03-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMember2020-12-31 0000861842caty:RealEstateConstructionPortfolioSegmentMember2021-03-31 0000861842caty:RealEstateConstructionPortfolioSegmentMember2020-12-31 0000861842caty:EquityLinesPortfolioSegmentMember2021-03-31 0000861842caty:EquityLinesPortfolioSegmentMember2020-12-31 0000861842caty:InstallmentAndOtherLoansMember2021-03-31 0000861842caty:InstallmentAndOtherLoansMember2020-12-31 0000861842caty:NonaccrualLoansMember2020-12-31 0000861842caty:AccruingTroubledDebtRestructuringMember2020-12-31 0000861842us-gaap:CommercialPortfolioSegmentMember2021-01-012021-03-31 0000861842caty:RealEstateConstructionPortfolioSegmentMember2021-01-012021-03-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMember2021-01-012021-03-31 0000861842caty:ResidentialMortgageAndEquityLinesPortfolioSegmentMember2021-01-012021-03-31 0000861842us-gaap:CommercialPortfolioSegmentMember2020-01-012020-03-31 0000861842caty:RealEstateConstructionPortfolioSegmentMember2020-01-012020-03-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMember2020-01-012020-03-31 0000861842caty:ResidentialMortgageAndEquityLinesPortfolioSegmentMember2020-01-012020-03-31 0000861842caty:ResidentialMortgageAndEquityLinesPortfolioSegmentMember2021-03-31 0000861842caty:ResidentialMortgageAndEquityLinesPortfolioSegmentMember2020-12-31 0000861842us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-03-31 0000861842us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-03-31 0000861842us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-03-31 0000861842caty:RealEstateConstructionPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-03-31 0000861842caty:RealEstateConstructionPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-03-31 0000861842caty:RealEstateConstructionPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-03-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-03-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-03-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-03-31 0000861842caty:ResidentialMortgageAndEquityLinesPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-03-31 0000861842caty:ResidentialMortgageAndEquityLinesPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-03-31 0000861842caty:ResidentialMortgageAndEquityLinesPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-03-31 0000861842caty:InstallmentAndOtherLoansMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-03-31 0000861842caty:InstallmentAndOtherLoansMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-03-31 0000861842caty:InstallmentAndOtherLoansMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-03-31 0000861842us-gaap:FinancingReceivables30To59DaysPastDueMember2021-03-31 0000861842us-gaap:FinancingReceivables60To89DaysPastDueMember2021-03-31 0000861842us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-03-31 0000861842us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-12-31 0000861842us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-12-31 0000861842us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-12-31 0000861842caty:RealEstateConstructionPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-12-31 0000861842caty:RealEstateConstructionPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-12-31 0000861842caty:RealEstateConstructionPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-12-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-12-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-12-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-12-31 0000861842caty:ResidentialMortgageAndEquityLinesPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-12-31 0000861842caty:ResidentialMortgageAndEquityLinesPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-12-31 0000861842caty:ResidentialMortgageAndEquityLinesPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-12-31 0000861842caty:InstallmentAndOtherLoansMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-12-31 0000861842caty:InstallmentAndOtherLoansMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-12-31 0000861842caty:InstallmentAndOtherLoansMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-12-31 0000861842us-gaap:FinancingReceivables30To59DaysPastDueMember2020-12-31 0000861842us-gaap:FinancingReceivables60To89DaysPastDueMember2020-12-31 0000861842us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2020-12-31 0000861842caty:AccruingTroubledDebtRestructuringMember2021-03-31 0000861842caty:NonaccruingTroubledDebtRestructuringMember2021-03-31 0000861842caty:NonaccruingTroubledDebtRestructuringMember2020-12-31 0000861842us-gaap:CommercialPortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMemberus-gaap:PaymentDeferralMember2021-03-31 0000861842us-gaap:CommercialPortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMemberus-gaap:ContractualInterestRateReductionMember2021-03-31 0000861842us-gaap:CommercialPortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMembercaty:RateReductionAndPaymentDeferralMember2021-03-31 0000861842us-gaap:CommercialPortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMember2021-03-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMemberus-gaap:PaymentDeferralMember2021-03-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMemberus-gaap:ContractualInterestRateReductionMember2021-03-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMembercaty:RateReductionAndPaymentDeferralMember2021-03-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMember2021-03-31 0000861842us-gaap:ResidentialPortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMemberus-gaap:PaymentDeferralMember2021-03-31 0000861842us-gaap:ResidentialPortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMemberus-gaap:ContractualInterestRateReductionMember2021-03-31 0000861842us-gaap:ResidentialPortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMembercaty:RateReductionAndPaymentDeferralMember2021-03-31 0000861842us-gaap:ResidentialPortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMember2021-03-31 0000861842caty:AccruingTroubledDebtRestructuringMemberus-gaap:PaymentDeferralMember2021-03-31 0000861842caty:AccruingTroubledDebtRestructuringMemberus-gaap:ContractualInterestRateReductionMember2021-03-31 0000861842caty:AccruingTroubledDebtRestructuringMembercaty:RateReductionAndPaymentDeferralMember2021-03-31 0000861842caty:AccruingTroubledDebtRestructuringMember2021-03-31 0000861842us-gaap:CommercialPortfolioSegmentMembercaty:NonaccruingTroubledDebtRestructuringMemberus-gaap:PaymentDeferralMember2021-03-31 0000861842us-gaap:CommercialPortfolioSegmentMembercaty:NonaccruingTroubledDebtRestructuringMemberus-gaap:ContractualInterestRateReductionMember2021-03-31 0000861842us-gaap:CommercialPortfolioSegmentMembercaty:NonaccruingTroubledDebtRestructuringMembercaty:RateReductionAndPaymentDeferralMember2021-03-31 0000861842us-gaap:CommercialPortfolioSegmentMembercaty:NonaccruingTroubledDebtRestructuringMember2021-03-31 0000861842us-gaap:ResidentialPortfolioSegmentMembercaty:NonaccruingTroubledDebtRestructuringMemberus-gaap:PaymentDeferralMember2021-03-31 0000861842us-gaap:ResidentialPortfolioSegmentMembercaty:NonaccruingTroubledDebtRestructuringMemberus-gaap:ContractualInterestRateReductionMember2021-03-31 0000861842us-gaap:ResidentialPortfolioSegmentMembercaty:NonaccruingTroubledDebtRestructuringMembercaty:RateReductionAndPaymentDeferralMember2021-03-31 0000861842us-gaap:ResidentialPortfolioSegmentMembercaty:NonaccruingTroubledDebtRestructuringMember2021-03-31 0000861842caty:NonaccruingTroubledDebtRestructuringMemberus-gaap:PaymentDeferralMember2021-03-31 0000861842caty:NonaccruingTroubledDebtRestructuringMemberus-gaap:ContractualInterestRateReductionMember2021-03-31 0000861842caty:NonaccruingTroubledDebtRestructuringMembercaty:RateReductionAndPaymentDeferralMember2021-03-31 0000861842caty:NonaccruingTroubledDebtRestructuringMember2021-03-31 0000861842us-gaap:CommercialPortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMemberus-gaap:PaymentDeferralMember2020-12-31 0000861842us-gaap:CommercialPortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMemberus-gaap:ContractualInterestRateReductionMember2020-12-31 0000861842us-gaap:CommercialPortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMembercaty:RateReductionAndPaymentDeferralMember2020-12-31 0000861842us-gaap:CommercialPortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMember2020-12-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMemberus-gaap:PaymentDeferralMember2020-12-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMemberus-gaap:ContractualInterestRateReductionMember2020-12-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMembercaty:RateReductionAndPaymentDeferralMember2020-12-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMember2020-12-31 0000861842us-gaap:ResidentialPortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMemberus-gaap:PaymentDeferralMember2020-12-31 0000861842us-gaap:ResidentialPortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMemberus-gaap:ContractualInterestRateReductionMember2020-12-31 0000861842us-gaap:ResidentialPortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMembercaty:RateReductionAndPaymentDeferralMember2020-12-31 0000861842us-gaap:ResidentialPortfolioSegmentMembercaty:AccruingTroubledDebtRestructuringMember2020-12-31 0000861842caty:AccruingTroubledDebtRestructuringMemberus-gaap:PaymentDeferralMember2020-12-31 0000861842caty:AccruingTroubledDebtRestructuringMemberus-gaap:ContractualInterestRateReductionMember2020-12-31 0000861842caty:AccruingTroubledDebtRestructuringMembercaty:RateReductionAndPaymentDeferralMember2020-12-31 0000861842caty:AccruingTroubledDebtRestructuringMember2020-12-31 0000861842us-gaap:CommercialPortfolioSegmentMembercaty:NonaccruingTroubledDebtRestructuringMemberus-gaap:PaymentDeferralMember2020-12-31 0000861842us-gaap:CommercialPortfolioSegmentMembercaty:NonaccruingTroubledDebtRestructuringMemberus-gaap:ContractualInterestRateReductionMember2020-12-31 0000861842us-gaap:CommercialPortfolioSegmentMembercaty:NonaccruingTroubledDebtRestructuringMembercaty:RateReductionAndPaymentDeferralMember2020-12-31 0000861842us-gaap:CommercialPortfolioSegmentMembercaty:NonaccruingTroubledDebtRestructuringMember2020-12-31 0000861842us-gaap:ResidentialPortfolioSegmentMembercaty:NonaccruingTroubledDebtRestructuringMemberus-gaap:PaymentDeferralMember2020-12-31 0000861842us-gaap:ResidentialPortfolioSegmentMembercaty:NonaccruingTroubledDebtRestructuringMemberus-gaap:ContractualInterestRateReductionMember2020-12-31 0000861842us-gaap:ResidentialPortfolioSegmentMembercaty:NonaccruingTroubledDebtRestructuringMembercaty:RateReductionAndPaymentDeferralMember2020-12-31 0000861842us-gaap:ResidentialPortfolioSegmentMembercaty:NonaccruingTroubledDebtRestructuringMember2020-12-31 0000861842caty:NonaccruingTroubledDebtRestructuringMemberus-gaap:PaymentDeferralMember2020-12-31 0000861842caty:NonaccruingTroubledDebtRestructuringMemberus-gaap:ContractualInterestRateReductionMember2020-12-31 0000861842caty:NonaccruingTroubledDebtRestructuringMembercaty:RateReductionAndPaymentDeferralMember2020-12-31 0000861842caty:NonaccruingTroubledDebtRestructuringMember2020-12-31 0000861842caty:AccruingTroubledDebtRestructuringMember2019-12-31 0000861842caty:AccruingTroubledDebtRestructuringMember2021-01-012021-03-31 0000861842caty:AccruingTroubledDebtRestructuringMember2020-01-012020-03-31 0000861842caty:AccruingTroubledDebtRestructuringMember2020-03-31 0000861842caty:NonaccruingTroubledDebtRestructuringMember2019-12-31 0000861842caty:NonaccruingTroubledDebtRestructuringMember2021-01-012021-03-31 0000861842caty:NonaccruingTroubledDebtRestructuringMember2020-01-012020-03-31 0000861842caty:NonaccruingTroubledDebtRestructuringMember2020-03-31 utr:D 0000861842srt:MinimumMember2021-01-012021-03-31 0000861842srt:MaximumMember2021-01-012021-03-31 0000861842us-gaap:CommercialPortfolioSegmentMemberus-gaap:PassMember2020-12-31 0000861842us-gaap:CommercialPortfolioSegmentMemberus-gaap:SpecialMentionMember2020-12-31 0000861842us-gaap:CommercialPortfolioSegmentMemberus-gaap:SubstandardMember2020-12-31 0000861842us-gaap:CommercialPortfolioSegmentMemberus-gaap:DoubtfulMember2020-12-31 0000861842caty:RealEstateConstructionPortfolioSegmentMemberus-gaap:PassMember2020-12-31 0000861842caty:RealEstateConstructionPortfolioSegmentMemberus-gaap:SpecialMentionMember2020-12-31 0000861842caty:RealEstateConstructionPortfolioSegmentMemberus-gaap:SubstandardMember2020-12-31 0000861842caty:RealEstateConstructionPortfolioSegmentMemberus-gaap:DoubtfulMember2020-12-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:PassMember2020-12-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:SpecialMentionMember2020-12-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:SubstandardMember2020-12-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:DoubtfulMember2020-12-31 0000861842caty:ResidentialMortgageAndEquityLinesPortfolioSegmentMemberus-gaap:PassMember2020-12-31 0000861842caty:ResidentialMortgageAndEquityLinesPortfolioSegmentMemberus-gaap:SpecialMentionMember2020-12-31 0000861842caty:ResidentialMortgageAndEquityLinesPortfolioSegmentMemberus-gaap:SubstandardMember2020-12-31 0000861842caty:ResidentialMortgageAndEquityLinesPortfolioSegmentMemberus-gaap:DoubtfulMember2020-12-31 0000861842caty:InstallmentAndOtherLoansMemberus-gaap:PassMember2020-12-31 0000861842caty:InstallmentAndOtherLoansMemberus-gaap:SpecialMentionMember2020-12-31 0000861842caty:InstallmentAndOtherLoansMemberus-gaap:SubstandardMember2020-12-31 0000861842caty:InstallmentAndOtherLoansMemberus-gaap:DoubtfulMember2020-12-31 0000861842us-gaap:PassMember2020-12-31 0000861842us-gaap:SpecialMentionMember2020-12-31 0000861842us-gaap:SubstandardMember2020-12-31 0000861842us-gaap:DoubtfulMember2020-12-31 0000861842us-gaap:CommercialPortfolioSegmentMemberus-gaap:PassMember2021-03-31 0000861842us-gaap:CommercialPortfolioSegmentMemberus-gaap:SpecialMentionMember2021-03-31 0000861842us-gaap:CommercialPortfolioSegmentMemberus-gaap:SubstandardMember2021-03-31 0000861842us-gaap:CommercialPortfolioSegmentMemberus-gaap:DoubtfulMember2021-03-31 0000861842caty:RealEstateConstructionPortfolioSegmentMemberus-gaap:PassMember2021-03-31 0000861842caty:RealEstateConstructionPortfolioSegmentMemberus-gaap:SpecialMentionMember2021-03-31 0000861842caty:RealEstateConstructionPortfolioSegmentMemberus-gaap:SubstandardMember2021-03-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:PassMember2021-03-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:SpecialMentionMember2021-03-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:SubstandardMember2021-03-31 0000861842us-gaap:ResidentialPortfolioSegmentMemberus-gaap:PassMember2021-03-31 0000861842us-gaap:ResidentialPortfolioSegmentMemberus-gaap:SpecialMentionMember2021-03-31 0000861842us-gaap:ResidentialPortfolioSegmentMemberus-gaap:SubstandardMember2021-03-31 0000861842us-gaap:ResidentialPortfolioSegmentMember2021-01-012021-03-31 0000861842caty:EquityLinesPortfolioSegmentMemberus-gaap:PassMember2021-03-31 0000861842caty:EquityLinesPortfolioSegmentMemberus-gaap:SpecialMentionMember2021-03-31 0000861842caty:EquityLinesPortfolioSegmentMemberus-gaap:SubstandardMember2021-03-31 0000861842caty:EquityLinesPortfolioSegmentMember2021-01-012021-03-31 0000861842caty:InstallmentAndOtherLoansMemberus-gaap:PassMember2021-03-31 0000861842caty:InstallmentAndOtherLoansMember2021-01-012021-03-31 0000861842us-gaap:ConsumerPortfolioSegmentMember2020-12-31 0000861842us-gaap:AccountingStandardsUpdate201613Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:CommercialPortfolioSegmentMember2020-12-31 0000861842us-gaap:AccountingStandardsUpdate201613Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMembercaty:RealEstateConstructionPortfolioSegmentMember2020-12-31 0000861842us-gaap:AccountingStandardsUpdate201613Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2020-12-31 0000861842us-gaap:AccountingStandardsUpdate201613Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMembercaty:ResidentialMortgageAndEquityLinesPortfolioSegmentMember2020-12-31 0000861842us-gaap:AccountingStandardsUpdate201613Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMembercaty:InstallmentAndOtherLoansMember2020-12-31 0000861842srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:CommercialPortfolioSegmentMember2020-12-31 0000861842srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMembercaty:RealEstateConstructionPortfolioSegmentMember2020-12-31 0000861842srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2020-12-31 0000861842srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMembercaty:ResidentialMortgageAndEquityLinesPortfolioSegmentMember2020-12-31 0000861842srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMembercaty:InstallmentAndOtherLoansMember2020-12-31 0000861842srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMember2020-12-31 0000861842us-gaap:CommitmentsToExtendCreditMemberus-gaap:CommercialPortfolioSegmentMember2020-12-31 0000861842us-gaap:CommitmentsToExtendCreditMembercaty:RealEstateConstructionPortfolioSegmentMember2020-12-31 0000861842us-gaap:CommitmentsToExtendCreditMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2020-12-31 0000861842us-gaap:CommitmentsToExtendCreditMembercaty:ResidentialMortgageAndEquityLinesPortfolioSegmentMember2020-12-31 0000861842us-gaap:CommitmentsToExtendCreditMembercaty:InstallmentAndOtherLoansMember2020-12-31 0000861842us-gaap:CommitmentsToExtendCreditMember2020-12-31 0000861842us-gaap:AccountingStandardsUpdate201613Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:CommitmentsToExtendCreditMemberus-gaap:CommercialPortfolioSegmentMember2020-12-31 0000861842us-gaap:AccountingStandardsUpdate201613Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:CommitmentsToExtendCreditMembercaty:RealEstateConstructionPortfolioSegmentMember2020-12-31 0000861842us-gaap:AccountingStandardsUpdate201613Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:CommitmentsToExtendCreditMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2020-12-31 0000861842us-gaap:AccountingStandardsUpdate201613Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:CommitmentsToExtendCreditMembercaty:ResidentialMortgageAndEquityLinesPortfolioSegmentMember2020-12-31 0000861842us-gaap:AccountingStandardsUpdate201613Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:CommitmentsToExtendCreditMembercaty:InstallmentAndOtherLoansMember2020-12-31 0000861842us-gaap:AccountingStandardsUpdate201613Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:CommitmentsToExtendCreditMember2020-12-31 0000861842srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:CommitmentsToExtendCreditMemberus-gaap:CommercialPortfolioSegmentMember2020-12-31 0000861842srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:CommitmentsToExtendCreditMembercaty:RealEstateConstructionPortfolioSegmentMember2020-12-31 0000861842srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:CommitmentsToExtendCreditMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2020-12-31 0000861842srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:CommitmentsToExtendCreditMembercaty:ResidentialMortgageAndEquityLinesPortfolioSegmentMember2020-12-31 0000861842srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:CommitmentsToExtendCreditMembercaty:InstallmentAndOtherLoansMember2020-12-31 0000861842srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMemberus-gaap:CommitmentsToExtendCreditMember2020-12-31 0000861842us-gaap:CommitmentsToExtendCreditMemberus-gaap:CommercialPortfolioSegmentMember2021-01-012021-03-31 0000861842us-gaap:CommitmentsToExtendCreditMembercaty:RealEstateConstructionPortfolioSegmentMember2021-01-012021-03-31 0000861842us-gaap:CommitmentsToExtendCreditMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2021-01-012021-03-31 0000861842us-gaap:CommitmentsToExtendCreditMembercaty:ResidentialMortgageAndEquityLinesPortfolioSegmentMember2021-01-012021-03-31 0000861842us-gaap:CommitmentsToExtendCreditMembercaty:InstallmentAndOtherLoansMember2021-01-012021-03-31 0000861842us-gaap:CommitmentsToExtendCreditMember2021-01-012021-03-31 0000861842us-gaap:CommitmentsToExtendCreditMemberus-gaap:CommercialPortfolioSegmentMember2021-03-31 0000861842us-gaap:CommitmentsToExtendCreditMembercaty:RealEstateConstructionPortfolioSegmentMember2021-03-31 0000861842us-gaap:CommitmentsToExtendCreditMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2021-03-31 0000861842us-gaap:CommitmentsToExtendCreditMembercaty:ResidentialMortgageAndEquityLinesPortfolioSegmentMember2021-03-31 0000861842us-gaap:CommitmentsToExtendCreditMembercaty:InstallmentAndOtherLoansMember2021-03-31 0000861842us-gaap:CommitmentsToExtendCreditMember2021-03-31 0000861842us-gaap:CommercialPortfolioSegmentMember2019-12-31 0000861842caty:RealEstateConstructionPortfolioSegmentMember2019-12-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMember2019-12-31 0000861842caty:ResidentialMortgageAndEquityLinesPortfolioSegmentMember2019-12-31 0000861842caty:InstallmentAndOtherLoansMember2019-12-31 0000861842caty:InstallmentAndOtherLoansMember2020-01-012020-03-31 0000861842us-gaap:CommercialPortfolioSegmentMember2020-03-31 0000861842caty:RealEstateConstructionPortfolioSegmentMember2020-03-31 0000861842us-gaap:CommercialRealEstatePortfolioSegmentMember2020-03-31 0000861842caty:ResidentialMortgageAndEquityLinesPortfolioSegmentMember2020-03-31 0000861842caty:InstallmentAndOtherLoansMember2020-03-31 0000861842caty:SBAsPaycheckProtectionProgramMember2021-03-31 0000861842caty:HELOCLoansMember2021-03-31 0000861842caty:QualifiedAffordableHousingAndAlternativeEnergyPartnershipsMember2021-03-31 0000861842caty:QualifiedAffordableHousingAndAlternativeEnergyPartnershipsMember2020-12-31 0000861842caty:OvernightBorrowingsMember2021-03-31 0000861842caty:OvernightBorrowingsMember2020-12-31 0000861842caty:NonOvernightBorrowingsMember2021-03-31 0000861842caty:NonOvernightBorrowingsMember2020-12-31 0000861842caty:MatureInMay2021Member2021-03-31 0000861842caty:MatureInJune2021Member2021-03-31 0000861842caty:MatureInMay2023Member2021-03-31 0000861842us-gaap:JuniorSubordinatedDebtMember2021-03-31 0000861842us-gaap:JuniorSubordinatedDebtMember2020-12-31 0000861842us-gaap:JuniorSubordinatedDebtMember2021-01-012021-03-31 0000861842us-gaap:DomesticCountryMemberus-gaap:InternalRevenueServiceIRSMember2021-01-012021-03-31 0000861842us-gaap:StateAndLocalJurisdictionMemberus-gaap:CaliforniaFranchiseTaxBoardMember2021-01-012021-03-31 0000861842us-gaap:FairValueInputsLevel1Memberus-gaap:USTreasurySecuritiesMember2021-03-31 0000861842us-gaap:FairValueInputsLevel2Memberus-gaap:USTreasurySecuritiesMember2021-03-31 0000861842us-gaap:FairValueInputsLevel3Memberus-gaap:USTreasurySecuritiesMember2021-03-31 0000861842us-gaap:USTreasurySecuritiesMember2021-03-31 0000861842us-gaap:FairValueInputsLevel1Memberus-gaap:USGovernmentCorporationsAndAgenciesSecuritiesMember2021-03-31 0000861842us-gaap:FairValueInputsLevel2Memberus-gaap:USGovernmentCorporationsAndAgenciesSecuritiesMember2021-03-31 0000861842us-gaap:FairValueInputsLevel3Memberus-gaap:USGovernmentCorporationsAndAgenciesSecuritiesMember2021-03-31 0000861842us-gaap:FairValueInputsLevel1Memberus-gaap:CommercialMortgageBackedSecuritiesMember2021-03-31 0000861842us-gaap:FairValueInputsLevel2Memberus-gaap:CommercialMortgageBackedSecuritiesMember2021-03-31 0000861842us-gaap:FairValueInputsLevel3Memberus-gaap:CommercialMortgageBackedSecuritiesMember2021-03-31 0000861842us-gaap:CommercialMortgageBackedSecuritiesMember2021-03-31 0000861842us-gaap:FairValueInputsLevel1Memberus-gaap:CollateralizedMortgageObligationsMember2021-03-31 0000861842us-gaap:FairValueInputsLevel2Memberus-gaap:CollateralizedMortgageObligationsMember2021-03-31 0000861842us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedMortgageObligationsMember2021-03-31 0000861842us-gaap:FairValueInputsLevel1Memberus-gaap:CorporateDebtSecuritiesMember2021-03-31 0000861842us-gaap:FairValueInputsLevel2Memberus-gaap:CorporateDebtSecuritiesMember2021-03-31 0000861842us-gaap:FairValueInputsLevel3Memberus-gaap:CorporateDebtSecuritiesMember2021-03-31 0000861842us-gaap:FairValueInputsLevel1Member2021-03-31 0000861842us-gaap:FairValueInputsLevel2Member2021-03-31 0000861842us-gaap:FairValueInputsLevel3Member2021-03-31 0000861842us-gaap:FairValueInputsLevel1Membercaty:MutualFundsMember2021-03-31 0000861842us-gaap:FairValueInputsLevel2Membercaty:MutualFundsMember2021-03-31 0000861842us-gaap:FairValueInputsLevel3Membercaty:MutualFundsMember2021-03-31 0000861842caty:MutualFundsMember2021-03-31 0000861842us-gaap:FairValueInputsLevel1Membercaty:PreferredStockOfGovernmentSponsoredEntitiesMember2021-03-31 0000861842us-gaap:FairValueInputsLevel2Membercaty:PreferredStockOfGovernmentSponsoredEntitiesMember2021-03-31 0000861842us-gaap:FairValueInputsLevel3Membercaty:PreferredStockOfGovernmentSponsoredEntitiesMember2021-03-31 0000861842caty:PreferredStockOfGovernmentSponsoredEntitiesMember2021-03-31 0000861842us-gaap:FairValueInputsLevel1Membercaty:OtherEquitySecuritiesMember2021-03-31 0000861842us-gaap:FairValueInputsLevel2Membercaty:OtherEquitySecuritiesMember2021-03-31 0000861842us-gaap:FairValueInputsLevel3Membercaty:OtherEquitySecuritiesMember2021-03-31 0000861842caty:OtherEquitySecuritiesMember2021-03-31 0000861842us-gaap:FairValueInputsLevel1Memberus-gaap:WarrantMember2021-03-31 0000861842us-gaap:FairValueInputsLevel2Memberus-gaap:WarrantMember2021-03-31 0000861842us-gaap:FairValueInputsLevel3Memberus-gaap:WarrantMember2021-03-31 0000861842us-gaap:WarrantMember2021-03-31 0000861842us-gaap:FairValueInputsLevel1Memberus-gaap:InterestRateSwapMember2021-03-31 0000861842us-gaap:FairValueInputsLevel2Memberus-gaap:InterestRateSwapMember2021-03-31 0000861842us-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateSwapMember2021-03-31 0000861842us-gaap:InterestRateSwapMember2021-03-31 0000861842us-gaap:FairValueInputsLevel1Memberus-gaap:ForeignExchangeContractMember2021-03-31 0000861842us-gaap:FairValueInputsLevel2Memberus-gaap:ForeignExchangeContractMember2021-03-31 0000861842us-gaap:FairValueInputsLevel3Memberus-gaap:ForeignExchangeContractMember2021-03-31 0000861842us-gaap:ForeignExchangeContractMember2021-03-31 0000861842us-gaap:FairValueInputsLevel1Memberus-gaap:USTreasurySecuritiesMember2020-12-31 0000861842us-gaap:FairValueInputsLevel2Memberus-gaap:USTreasurySecuritiesMember2020-12-31 0000861842us-gaap:FairValueInputsLevel3Memberus-gaap:USTreasurySecuritiesMember2020-12-31 0000861842us-gaap:FairValueInputsLevel1Memberus-gaap:USGovernmentCorporationsAndAgenciesSecuritiesMember2020-12-31 0000861842us-gaap:FairValueInputsLevel2Memberus-gaap:USGovernmentCorporationsAndAgenciesSecuritiesMember2020-12-31 0000861842us-gaap:FairValueInputsLevel3Memberus-gaap:USGovernmentCorporationsAndAgenciesSecuritiesMember2020-12-31 0000861842us-gaap:FairValueInputsLevel1Memberus-gaap:CommercialMortgageBackedSecuritiesMember2020-12-31 0000861842us-gaap:FairValueInputsLevel2Memberus-gaap:CommercialMortgageBackedSecuritiesMember2020-12-31 0000861842us-gaap:FairValueInputsLevel3Memberus-gaap:CommercialMortgageBackedSecuritiesMember2020-12-31 0000861842us-gaap:CommercialMortgageBackedSecuritiesMember2020-12-31 0000861842us-gaap:FairValueInputsLevel1Memberus-gaap:CollateralizedMortgageObligationsMember2020-12-31 0000861842us-gaap:FairValueInputsLevel2Memberus-gaap:CollateralizedMortgageObligationsMember2020-12-31 0000861842us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedMortgageObligationsMember2020-12-31 0000861842us-gaap:FairValueInputsLevel1Memberus-gaap:CorporateDebtSecuritiesMember2020-12-31 0000861842us-gaap:FairValueInputsLevel2Memberus-gaap:CorporateDebtSecuritiesMember2020-12-31 0000861842us-gaap:FairValueInputsLevel3Memberus-gaap:CorporateDebtSecuritiesMember2020-12-31 0000861842us-gaap:FairValueInputsLevel1Member2020-12-31 0000861842us-gaap:FairValueInputsLevel2Member2020-12-31 0000861842us-gaap:FairValueInputsLevel3Member2020-12-31 0000861842us-gaap:FairValueInputsLevel1Membercaty:MutualFundsMember2020-12-31 0000861842us-gaap:FairValueInputsLevel2Membercaty:MutualFundsMember2020-12-31 0000861842us-gaap:FairValueInputsLevel3Membercaty:MutualFundsMember2020-12-31 0000861842caty:MutualFundsMember2020-12-31 0000861842us-gaap:FairValueInputsLevel1Membercaty:PreferredStockOfGovernmentSponsoredEntitiesMember2020-12-31 0000861842us-gaap:FairValueInputsLevel2Membercaty:PreferredStockOfGovernmentSponsoredEntitiesMember2020-12-31 0000861842us-gaap:FairValueInputsLevel3Membercaty:PreferredStockOfGovernmentSponsoredEntitiesMember2020-12-31 0000861842caty:PreferredStockOfGovernmentSponsoredEntitiesMember2020-12-31 0000861842us-gaap:FairValueInputsLevel1Membercaty:OtherEquitySecuritiesMember2020-12-31 0000861842us-gaap:FairValueInputsLevel2Membercaty:OtherEquitySecuritiesMember2020-12-31 0000861842us-gaap:FairValueInputsLevel3Membercaty:OtherEquitySecuritiesMember2020-12-31 0000861842caty:OtherEquitySecuritiesMember2020-12-31 0000861842us-gaap:FairValueInputsLevel1Memberus-gaap:WarrantMember2020-12-31 0000861842us-gaap:FairValueInputsLevel2Memberus-gaap:WarrantMember2020-12-31 0000861842us-gaap:FairValueInputsLevel3Memberus-gaap:WarrantMember2020-12-31 0000861842us-gaap:WarrantMember2020-12-31 0000861842us-gaap:FairValueInputsLevel1Memberus-gaap:InterestRateSwapMember2020-12-31 0000861842us-gaap:FairValueInputsLevel2Memberus-gaap:InterestRateSwapMember2020-12-31 0000861842us-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateSwapMember2020-12-31 0000861842us-gaap:InterestRateSwapMember2020-12-31 0000861842us-gaap:FairValueInputsLevel1Memberus-gaap:ForeignExchangeContractMember2020-12-31 0000861842us-gaap:FairValueInputsLevel2Memberus-gaap:ForeignExchangeContractMember2020-12-31 0000861842us-gaap:FairValueInputsLevel3Memberus-gaap:ForeignExchangeContractMember2020-12-31 0000861842us-gaap:ForeignExchangeContractMember2020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialPortfolioSegmentMember2021-03-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialPortfolioSegmentMember2021-03-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialPortfolioSegmentMember2021-03-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialPortfolioSegmentMember2021-03-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialPortfolioSegmentMember2021-01-012021-03-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialPortfolioSegmentMember2020-01-012020-03-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2021-03-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2021-03-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2021-03-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2021-03-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2021-01-012021-03-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2020-01-012020-03-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMember2021-03-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsNonrecurringMember2021-03-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2021-03-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMember2021-03-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMember2021-01-012021-03-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMember2020-01-012020-03-31 0000861842caty:OtherRealEstateOwnedMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMember2021-03-31 0000861842caty:OtherRealEstateOwnedMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsNonrecurringMember2021-03-31 0000861842caty:OtherRealEstateOwnedMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2021-03-31 0000861842caty:OtherRealEstateOwnedMemberus-gaap:FairValueMeasurementsNonrecurringMember2021-03-31 0000861842caty:OtherRealEstateOwnedMemberus-gaap:FairValueMeasurementsNonrecurringMember2021-01-012021-03-31 0000861842caty:OtherRealEstateOwnedMemberus-gaap:FairValueMeasurementsNonrecurringMember2020-01-012020-03-31 0000861842caty:InvestmentsInVentureCapitalAndPrivateCompanyStockMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMember2021-03-31 0000861842caty:InvestmentsInVentureCapitalAndPrivateCompanyStockMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsNonrecurringMember2021-03-31 0000861842caty:InvestmentsInVentureCapitalAndPrivateCompanyStockMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2021-03-31 0000861842caty:InvestmentsInVentureCapitalAndPrivateCompanyStockMemberus-gaap:FairValueMeasurementsNonrecurringMember2021-03-31 0000861842caty:InvestmentsInVentureCapitalAndPrivateCompanyStockMemberus-gaap:FairValueMeasurementsNonrecurringMember2021-01-012021-03-31 0000861842caty:InvestmentsInVentureCapitalAndPrivateCompanyStockMemberus-gaap:FairValueMeasurementsNonrecurringMember2020-01-012020-03-31 0000861842us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMember2021-03-31 0000861842us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsNonrecurringMember2021-03-31 0000861842us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2021-03-31 0000861842us-gaap:FairValueMeasurementsNonrecurringMember2021-03-31 0000861842us-gaap:FairValueMeasurementsNonrecurringMember2021-01-012021-03-31 0000861842us-gaap:FairValueMeasurementsNonrecurringMember2020-01-012020-03-31 0000861842caty:NetOfEstimatedDisposalCostsMember2021-03-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialPortfolioSegmentMember2020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialPortfolioSegmentMember2020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialPortfolioSegmentMember2020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialPortfolioSegmentMember2020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialPortfolioSegmentMember2020-01-012020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialPortfolioSegmentMember2019-01-012019-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2020-01-012020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2019-01-012019-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMembercaty:ResidentialMortgageAndEquityLinesPortfolioSegmentMember2020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsNonrecurringMembercaty:ResidentialMortgageAndEquityLinesPortfolioSegmentMember2020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMembercaty:ResidentialMortgageAndEquityLinesPortfolioSegmentMember2020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMembercaty:ResidentialMortgageAndEquityLinesPortfolioSegmentMember2020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMembercaty:ResidentialMortgageAndEquityLinesPortfolioSegmentMember2020-01-012020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMembercaty:ResidentialMortgageAndEquityLinesPortfolioSegmentMember2019-01-012019-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMember2020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsNonrecurringMember2020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMember2020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMember2020-01-012020-12-31 0000861842us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsNonrecurringMember2019-01-012019-12-31 0000861842caty:OtherRealEstateOwnedMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMember2020-12-31 0000861842caty:OtherRealEstateOwnedMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsNonrecurringMember2020-12-31 0000861842caty:OtherRealEstateOwnedMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2020-12-31 0000861842caty:OtherRealEstateOwnedMemberus-gaap:FairValueMeasurementsNonrecurringMember2020-12-31 0000861842caty:OtherRealEstateOwnedMemberus-gaap:FairValueMeasurementsNonrecurringMember2020-01-012020-12-31 0000861842caty:OtherRealEstateOwnedMemberus-gaap:FairValueMeasurementsNonrecurringMember2019-01-012019-12-31 0000861842caty:InvestmentsInVentureCapitalAndPrivateCompanyStockMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMember2020-12-31 0000861842caty:InvestmentsInVentureCapitalAndPrivateCompanyStockMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsNonrecurringMember2020-12-31 0000861842caty:InvestmentsInVentureCapitalAndPrivateCompanyStockMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2020-12-31 0000861842caty:InvestmentsInVentureCapitalAndPrivateCompanyStockMemberus-gaap:FairValueMeasurementsNonrecurringMember2020-12-31 0000861842caty:InvestmentsInVentureCapitalAndPrivateCompanyStockMemberus-gaap:FairValueMeasurementsNonrecurringMember2020-01-012020-12-31 0000861842caty:InvestmentsInVentureCapitalAndPrivateCompanyStockMemberus-gaap:FairValueMeasurementsNonrecurringMember2019-01-012019-12-31 0000861842us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMember2020-12-31 0000861842us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsNonrecurringMember2020-12-31 0000861842us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2020-12-31 0000861842us-gaap:FairValueMeasurementsNonrecurringMember2020-12-31 0000861842us-gaap:FairValueMeasurementsNonrecurringMember2020-01-012020-12-31 0000861842us-gaap:FairValueMeasurementsNonrecurringMember2019-01-012019-12-31 0000861842srt:MinimumMember2021-03-31 0000861842srt:MaximumMember2021-03-31 0000861842caty:WarrantsOutstandingMembersrt:MinimumMember2021-01-012021-03-31 0000861842caty:WarrantsOutstandingMembersrt:MaximumMember2021-01-012021-03-31 0000861842us-gaap:MeasurementInputRiskFreeInterestRateMembersrt:MinimumMember2021-03-31 0000861842us-gaap:MeasurementInputRiskFreeInterestRateMembersrt:MaximumMember2021-03-31 0000861842us-gaap:MeasurementInputPriceVolatilityMembersrt:MinimumMember2021-03-31 0000861842us-gaap:MeasurementInputPriceVolatilityMembersrt:MaximumMember2021-03-31 0000861842us-gaap:CarryingReportedAmountFairValueDisclosureMember2021-03-31 0000861842us-gaap:EstimateOfFairValueFairValueDisclosureMember2021-03-31 0000861842us-gaap:CarryingReportedAmountFairValueDisclosureMember2020-12-31 0000861842us-gaap:EstimateOfFairValueFairValueDisclosureMember2020-12-31 0000861842caty:Warrants1Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2021-03-31 0000861842caty:Warrants1Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-03-31 0000861842caty:Warrants1Memberus-gaap:CarryingReportedAmountFairValueDisclosureMember2020-12-31 0000861842caty:Warrants1Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2020-12-31 0000861842us-gaap:FairValueInputsLevel1Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-03-31 0000861842us-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-03-31 0000861842us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-03-31 0000861842caty:Warrants1Memberus-gaap:FairValueInputsLevel1Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-03-31 0000861842caty:Warrants1Memberus-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-03-31 0000861842caty:Warrants1Memberus-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-03-31 0000861842us-gaap:FairValueInputsLevel1Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2020-12-31 0000861842us-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2020-12-31 0000861842us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2020-12-31 0000861842caty:Warrants1Memberus-gaap:FairValueInputsLevel1Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2020-12-31 0000861842caty:Warrants1Memberus-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2020-12-31 0000861842caty:Warrants1Memberus-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2020-12-31 0000861842us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2014-05-31 0000861842us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2014-05-312014-05-31 00008618422014-05-31 0000861842us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-03-31 0000861842us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-31 0000861842us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-01-012021-03-31 0000861842us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-01-012020-12-31 0000861842us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-01-012020-03-31 0000861842us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-03-31 0000861842us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMembersrt:MinimumMember2021-01-012021-03-31 0000861842us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMembersrt:MaximumMember2021-01-012021-03-31 0000861842us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-31 0000861842us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:LondonInterbankOfferedRateLIBORMember2021-03-31 0000861842us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:LondonInterbankOfferedRateLIBORMember2020-12-31 0000861842us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-01-012021-03-31 0000861842us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-01-012020-12-31 0000861842caty:LoansReceivableWithPartialTermHedgingDesignationMember2021-03-31 0000861842us-gaap:CashMember2021-03-31 0000861842us-gaap:CashMember2020-12-31 0000861842caty:SpotForwardAndSwapContractsWithPositiveFairValueMemberus-gaap:NondesignatedMember2021-03-31 0000861842caty:SpotForwardAndSwapContractsWithPositiveFairValueMemberus-gaap:NondesignatedMember2020-12-31 0000861842caty:SpotForwardAndSwapContractsWithNegativeFairValueMemberus-gaap:NondesignatedMember2021-03-31 0000861842caty:SpotForwardAndSwapContractsWithNegativeFairValueMemberus-gaap:NondesignatedMember2020-12-31 0000861842caty:FeesAndServicesChargesOnDepositAccountMember2021-01-012021-03-31 0000861842caty:FeesAndServicesChargesOnDepositAccountMember2020-01-012020-03-31 0000861842caty:WealthManagementFeesMember2021-01-012021-03-31 0000861842caty:WealthManagementFeesMember2020-01-012020-03-31 0000861842caty:OtherServiceFeesMember2021-01-012021-03-31 0000861842caty:OtherServiceFeesMember2020-01-012020-03-31 0000861842us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-12-31 0000861842us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2019-12-31 0000861842us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2020-12-31 0000861842us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2019-12-31 0000861842us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-01-012021-03-31 0000861842us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-01-012020-03-31 0000861842us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-01-012021-03-31 0000861842us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2020-01-012020-03-31 0000861842us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-03-31 0000861842us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-03-31 0000861842us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-03-31 0000861842us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2020-03-31 0000861842us-gaap:SubsequentEventMember2021-04-01 0000861842caty:ImpairmentMethodMember2021-01-012021-03-31
 

 

Table of Contents

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 10-Q

(Mark One)

         QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period endedMarch 31, 2021   

 OR

         TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to 

 

Commission file number001-31830

 

 CATHAY GENERAL BANCORP
(Exact name of registrant as specified in its charter)

 

Delaware 95-4274680

(State of other jurisdiction of incorporation

or organization)

 

(I.R.S. Employer

 Identification No.)

 

777 North Broadway, Los Angeles, California 90012
(Address of principal executive offices) (Zip Code)

 

Registrant's telephone number, including area code: (213) 625-4700

(Former name, former address and former fiscal year, if changed since last report)

 

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol

Name of each exchange on which registered

Common Stock

CATY

Nasdaq Global Select Market

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.                                            Yes ☑                  No ☐

 

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).                                             Yes ☑                  No ☐

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See definition of “large accelerated filer,” “accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer ☑  Accelerated filer  ☐
Non-accelerated filer ☐      Smaller reporting company 
Emerging growth company   

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).                                            Yes                   No ☑

 

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

 

Common stock, $.01 par value, 79,669,529 shares outstanding as of April 30, 2021.

 

 

 

 

CATHAY GENERAL BANCORP AND SUBSIDIARIES

1ST QUARTER 2021 REPORT ON FORM 10-Q

TABLE OF CONTENTS

 

PART I – FINANCIAL INFORMATION

3
     

Item 1. 

FINANCIAL STATEMENTS (Unaudited)

3

 

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

7

Item 2.  

MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND  RESULTS OF OPERATIONS.

47

Item 3.  

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

76

Item 4.  

CONTROLS AND PROCEDURES.

77
     

PART II  – OTHER INFORMATION

77
     

Item 1.

LEGAL PROCEEDINGS.

77

Item 1A.

RISK FACTORS.

78

Item 2.

UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

80

Item 3.

DEFAULTS UPON SENIOR SECURITIES.

81

Item 4.

MINE SAFETY DISCLOSURES.

81

Item 5.

OTHER INFORMATION.

81

Item 6.

EXHIBITS.

81

     
     

SIGNATURES

82

 

 

 

 

Forward-Looking Statements

 

In this Quarterly Report on Form 10-Q, the term “Bancorp” refers to Cathay General Bancorp and the term “Bank” refers to Cathay Bank. The terms “Company,” “we,” “us,” and “our” refer to Bancorp and the Bank collectively.

 

The statements in this report include forward-looking statements within the meaning of the applicable provisions of the Private Securities Litigation Reform Act of 1995 regarding management’s beliefs, projections, and assumptions concerning future results and events. We intend such forward-looking statements to be covered by the safe harbor provision for forward-looking statements in these provisions. All statements other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including statements about anticipated future operating and financial performance, financial position and liquidity, growth opportunities and growth rates, growth plans, acquisition and divestiture opportunities, business prospects, strategic alternatives, business strategies, financial expectations, regulatory and competitive outlook, loan and deposit growth, investment and expenditure plans, financing needs and availability, level of nonperforming assets, and other similar forecasts and statements of expectation and statements of assumptions underlying any of the foregoing. Words such as “aims,” “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “hopes,” “intends,” “may,” “optimistic,” “plans,” “potential,” “possible,” “predicts,” “projects,” “seeks,” “shall,” “should,” “will,” and variations of these words and similar expressions are intended to identify these forward-looking statements. Forward-looking statements by us are based on estimates, beliefs, projections, and assumptions of management and are not guarantees of future performance. These forward-looking statements are subject to certain risks, uncertainties and other factors that could cause actual results to differ materially from our historical experience and our present expectations or projections. Such risks, uncertainties and other factors include, but are not limited to:

 

 

local, regional, national and international economic and market conditions and events and the impact they may have on us, our customers and our operations, assets and liabilities;

 

the impact on our business, operations, financial condition, liquidity, results of operations, prospects and trading prices of our shares arising out of the COVID-19 pandemic;

 

possible additional provisions for loan losses and charge-offs;

 

credit risks of lending activities and deterioration in asset or credit quality;

 

extensive laws and regulations and supervision that we are subject to, including potential supervisory action by bank supervisory authorities;

 

increased costs of compliance and other risks associated with changes in regulation, including the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”);

 

higher capital requirements from the implementation of the Basel III capital standards;

 

compliance with the Bank Secrecy Act and other money laundering statutes and regulations;

 

potential goodwill impairment;

 

liquidity risk;

 

fluctuations in interest rates;

 

risks associated with acquisitions and the expansion of our business into new markets;

 

inflation and deflation;

 

real estate market conditions and the value of real estate collateral;

 

environmental liabilities;

 

our ability to generate anticipated returns from our investments and/or financings in certain tax advantaged-projects;

 

 

 

our ability to compete with larger competitors;

 

our ability to retain key personnel;

 

successful management of reputational risk;

 

natural disasters, public health crises (including the occurrence of a contagious disease or illness, such as the COVID-19 pandemic) and geopolitical events;

 

failures, interruptions, or security breaches of our information systems;

 

our ability to adapt our systems to the expanding use of technology in banking;

 

risk management processes and strategies;

 

adverse results in legal proceedings;

 

the impact of regulatory enforcement actions, if any;

 

certain provisions in our charter and bylaws that may affect acquisition of the Company;

 

changes in accounting standards or tax laws and regulations;

 

market disruption and volatility;

 

fluctuations in the Bancorp’s stock price;

 

restrictions on dividends and other distributions by laws and regulations and by our regulators and our capital structure;

 

issuances of preferred stock;

 

capital level requirements and successfully raising additional capital, if needed, and the resulting dilution of interests of holders of our common stock; and

 

the soundness of other financial institutions.

 

These and other factors are further described in Bancorp’s Annual Report on Form 10-K for the year ended December 31, 2020 (Item 1A in particular), other reports and registration statements filed with the Securities and Exchange Commission (“SEC”), and other filings Bancorp makes with the SEC from time to time. Actual results in any future period may also vary from the past results discussed in this report. Given these risks and uncertainties, readers are cautioned not to place undue reliance on any forward-looking statements. We have no intention and undertake no obligation to update any forward-looking statement or to announce publicly any revision of any forward-looking statement to reflect developments, events, occurrences or circumstances after the date of such statement, except as required by law.

 

Bancorp’s filings with the SEC are available at the website maintained by the SEC at http://www.sec.gov, or by request directed to Cathay General Bancorp, 9650 Flair Drive, El Monte, California 91731, Attention: Investor Relations (626) 279-3296.

 

 

 

PART I FINANCIAL INFORMATION

 

Item 1. FINANCIAL STATEMENTS (Unaudited)

 

CATHAY GENERAL BANCORP AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

 

  

March 31, 2021

  

December 31, 2020

 
  

(In thousands, except share and per share data)

 

Assets

        

Cash and due from banks

 $141,885  $138,616 

Short-term investments and interest-bearing deposits

  1,612,411   1,282,462 

Securities available-for-sale (amortized cost of $898,463 at March 31, 2021 and $1,019,230 at December 31, 2020)

  908,844   1,036,550 

Loans

  15,651,848   15,644,396 

Less: Allowance for loan losses

  (147,264)  (166,538)

Unamortized deferred loan fees, net

  (6,872)  (2,494)

Loans, net

  15,497,712   15,475,364 

Equity securities

  20,993   23,744 

Federal Home Loan Bank stock

  17,250   17,250 

Other real estate owned, net

  4,918   4,918 

Affordable housing investments and alternative energy partnerships, net

  296,229   309,016 

Premises and equipment, net

  101,864   102,998 

Customers’ liability on acceptances

  4,125   13,753 

Accrued interest receivable

  58,216   59,032 

Goodwill

  372,189   372,189 

Other intangible assets, net

  5,249   5,434 

Right-of-use assets - operating leases

  32,927   30,919 

Other assets

  155,377   170,889 

Total assets

 $19,230,189  $19,043,134 

Liabilities

        

Deposits:

        

Non-interest-bearing demand deposits

 $3,495,775  $3,365,086 

Interest-bearing deposits:

        

NOW deposits

  1,915,822   1,926,135 

Money market deposits

  3,808,794   3,359,191 

Savings deposits

  911,210   785,672 

Time deposits

  6,222,032   6,673,317 

Total deposits

  16,353,633   16,109,401 

Advances from the Federal Home Loan Bank

  75,000   150,000 

Other borrowings of affordable housing investments

  23,333   23,714 

Long-term debt

  119,136   119,136 

Acceptances outstanding

  4,125   13,753 

Lease liabilities - operating leases

  35,803   33,484 

Other liabilities

  155,870   175,502 

Total liabilities

  16,766,900   16,624,990 

Commitments and contingencies

      

Stockholders Equity

        

Common stock, $0.01 par value, 100,000,000 shares authorized; 90,729,966 issued and 79,595,025 outstanding at March 31, 2021, and 90,643,206 issued and 79,508,265 outstanding at December 31, 2020

  907   906 

Additional paid-in-capital

  965,566   964,734 

Accumulated other comprehensive income, net

  1,686   5,310 

Retained earnings

  1,837,261   1,789,325 

Treasury stock, at cost (11,134,941 shares at March 31, 2021, and 11,134,941 shares at December 31, 2020)

  (342,131)  (342,131)

Total equity

  2,463,289   2,418,144 

Total liabilities and equity

 $19,230,189  $19,043,134 

 

See accompanying Notes to Condensed Consolidated Financial Statements.

 

 

 

CATHAY GENERAL BANCORP AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND

COMPREHENSIVE INCOME

(Unaudited)

 

   

Three months ended March 31,

 
   

2021

   

2020

 
   

(In thousands, except share and per share data)

 

Interest and Dividend Income

               

Loans receivable, including loan fees

  $ 159,721     $ 177,870  

Investment securities

    3,067       7,610  

Federal Home Loan Bank stock

    217       305  

Deposits with banks

    315       951  

Total interest and dividend income

    163,320       186,736  
                 

Interest Expense

               

Time deposits

    14,009       35,155  

Other deposits

    5,594       7,991  

Advances from Federal Home Loan Bank

    475       1,552  

Long-term debt

    1,424       1,440  

Deferred payments from acquisition

          58  

Short-term borrowings

          229  

Total interest expense

    21,502       46,425  
                 

Net interest income before provision for credit losses

    141,818       140,311  

Provision for credit losses

    (13,558 )     25,000  

Net interest income after provision for credit losses

    155,376       115,311  
                 

Non-Interest Income

               

Net losses from equity securities

    (2,752 )     (6,102 )

Securities losses, net

    853       6  

Letters of credit commissions

    1,690       1,640  

Depository service fees

    1,363       1,298  

Other operating income

    8,846       8,944  

Total non-interest income

    10,000       5,786  
                 

Non-Interest Expense

               

Salaries and employee benefits

    32,722       30,939  

Occupancy expense

    5,046       5,177  

Computer and equipment expense

    3,271       2,593  

Professional services expense

    4,710       5,145  

Data processing service expense

    3,655       3,666  

FDIC and regulatory assessments

    1,925       2,415  

Marketing expense

    2,882       1,886  

Other real estate owned expense/(income)

    94       (4,104 )

Amortization of investments in low income housing and alternative energy partnerships

    11,570       13,890  

Amortization of core deposit intangibles

    172       172  

Costs associated with debt redemption

    732        

Other operating expense

    4,624       3,375  

Total non-interest expense

    71,403       65,154  
                 

Income before income tax expense

    93,973       55,943  

Income tax expense

    20,589       9,091  

Net income

  $ 73,384     $ 46,852  
                 

Other Comprehensive Income, net of tax

               

Unrealized holding (losses)/gains on securities available-for-sale

    (4,887 )     11,853  

Unrealized holding gains/(losses) on cash flow hedge derivatives

    1,263       (4,278 )

Total other comprehensive (loss)/gain, net of tax

    (3,624 )     7,575  

Total other comprehensive income

  $ 69,760     $ 54,427  
                 

Net Income Per Common Share:

               

Basic

  $ 0.92     $ 0.59  

Diluted

  $ 0.92     $ 0.59  

Cash dividends paid per common share

  $ 0.31     $ 0.31  

Average Common Shares Outstanding:

               

Basic

    79,530,777       79,588,076  

Diluted

    79,832,305       79,830,025  

 

See accompanying Notes to Condensed Consolidated Financial Statements.

 

 

 

CATHAY GENERAL BANCORP AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS EQUITY

(Unaudited)

 

              

Accumulated

             
  

Common Stock

  

Additional

  

Other

          

Total

 
  

Number of

      

Paid-in

  

Comprehensive

  

Retained

  

Treasury

  

Stockholders'

 

Three months ended

 

Shares

  

Amount

  

Capital

  

Income

  

Earnings

  

Stock

  

Equity

 
  

(In thousands, except share data)

 

Balance at December 31, 2020

  79,508,265  $906  $964,734  $5,310  $1,789,325  $(342,131) $2,418,144 

Cumulative effect of change in accounting principle related to ASC 326, net of tax (1)

              (798)     (798)

Dividend Reinvestment Plan

  20,036      868            868 

Restricted stock units vested

  66,724   1               1 

Shares withheld related to net share settlement of RSUs

        (1,279)           (1,279)

Stock -based compensation

        1,243            1,243 

Cash dividends of $0.31 per share

              (24,650)     (24,650)

Other comprehensive loss

           (3,624)        (3,624)

Net income

              73,384      73,384 

Balance at March 31, 2021

  79,595,025  $907  $965,566  $1,686  $1,837,261  $(342,131) $2,463,289 

 

(1) See "Accounting Standards Adopted in 2021" in Note 3 Recent Accounting Pronouncements, ASU 2016-13, Financial Instruments - Credit Losses (Topic 326).

 

              

Accumulated

             
  

Common Stock

  

Additional

  

Other

          

Total

 
  

Number of

      

Paid-in

  

Comprehensive

  

Retained

  

Treasury

  

Stockholders'

 
  

Shares

  

Amount

  

Capital

  

Income

  

Earnings

  

Stock

  

Equity

 
  

(In thousands, except share data)

 

Balance at December 31, 2019

  79,729,419  $900  $950,466  $2,302  $1,659,153  $(318,538) $2,294,283 

Dividend Reinvestment Plan

  39,665   1   845            846 

Restricted stock units vested

  51,183   1               1 

Shares withheld related to net share settlement of RSUs

        (523)           (523)

Purchases of treasury stock

  (400,000)              (12,880)  (12,880)

Stock -based compensation

        1,543            1,543 

Cash dividends of $0.31 per share

              (24,660)     (24,660)

Other comprehensive income

           7,575         7,575 

Net income