2020 Q4 Form 10-Q Financial Statement

#000143774920023058 Filed on November 09, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q3
Revenue $172.2M $197.8M
YoY Change -12.94% 11.85%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.100M $1.900M $1.700M
YoY Change 16.67% 11.76% 0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $27.78M $34.73M $50.83M
YoY Change -44.46% -31.68% 59.94%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $81.23M $58.98M $93.81M
YoY Change -2.92% -37.12% 6.05%
Income Tax $10.33M $2.190M $20.97M
% Of Pretax Income 12.72% 3.71% 22.36%
Net Earnings $70.89M $56.79M $72.84M
YoY Change 5.22% -22.02% 4.41%
Net Earnings / Revenue 32.97% 36.82%
Basic Earnings Per Share $0.89 $0.71 $0.91
Diluted Earnings Per Share $0.89 $0.71 $0.91
COMMON SHARES
Basic Shares Outstanding 79.66M 79.63M 79.74M
Diluted Shares Outstanding 79.76M 79.99M

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.421B $1.434B $825.1M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $103.0M $103.4M $103.8M
YoY Change -1.19% -0.37% 1.22%
Goodwill $372.2M $372.2M $372.2M
YoY Change 0.0% 0.0% 0.0%
Intangibles $5.434M $5.631M $6.821M
YoY Change -13.69% -17.45% -7.71%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $19.04B $19.02B $18.00B
YoY Change 5.24% 5.63% 9.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $33.00M $35.00M $36.00M
YoY Change -8.33% -2.78%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $0.00 $0.00 $26.00M
YoY Change -100.0% 36.84%
Total Short-Term Liabilities $33.00M $35.00M $62.00M
YoY Change -8.33% -43.55% 226.32%
LONG-TERM LIABILITIES
Long-Term Debt $143.0M $143.0M $165.0M
YoY Change -3.38% -13.33% -14.51%
Other Long-Term Liabilities $176.0M $188.0M $261.0M
YoY Change -18.89% -27.97% 14.98%
Total Long-Term Liabilities $319.0M $331.0M $426.0M
YoY Change -12.6% -22.3% 1.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $33.00M $35.00M $62.00M
Total Long-Term Liabilities $319.0M $331.0M $426.0M
Total Liabilities $16.62B $16.64B $15.76B
YoY Change 5.22% 5.61% 9.86%
SHAREHOLDERS EQUITY
Retained Earnings $1.789B $1.743B $1.616B
YoY Change 7.85% 7.83% 12.3%
Common Stock $906.0K $904.0K $900.0K
YoY Change 0.67% 0.44% 0.45%
Preferred Stock
YoY Change
Treasury Stock (at cost) $342.1M $331.4M $318.5M
YoY Change 7.41% 4.04% 32.95%
Treasury Stock Shares $11.13M $10.73M $10.33M
Shareholders Equity $2.418B $2.375B $2.246B
YoY Change
Total Liabilities & Shareholders Equity $19.04B $19.02B $18.00B
YoY Change 5.24% 5.63% 9.37%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income $70.89M $56.79M $72.84M
YoY Change 5.22% -22.02% 4.41%
Depreciation, Depletion And Amortization $2.100M $1.900M $1.700M
YoY Change 16.67% 11.76% 0.0%
Cash From Operating Activities $86.90M $60.90M $150.2M
YoY Change -21.92% -59.45% 68.39%
INVESTING ACTIVITIES
Capital Expenditures -$1.400M -$1.100M -$2.400M
YoY Change -30.0% -54.17% 33.33%
Acquisitions
YoY Change
Other Investing Activities -$65.50M $79.50M -$183.2M
YoY Change -82.76% -143.4% 46.79%
Cash From Investing Activities -$66.90M $78.40M -$185.7M
YoY Change -82.49% -142.22% 46.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -32.90M -279.0M 302.9M
YoY Change -183.5% -192.11% 40.75%
NET CHANGE
Cash From Operating Activities 86.90M 60.90M 150.2M
Cash From Investing Activities -66.90M 78.40M -185.7M
Cash From Financing Activities -32.90M -279.0M 302.9M
Net Change In Cash -12.90M -139.7M 267.4M
YoY Change -94.42% -152.24% 50.22%
FREE CASH FLOW
Cash From Operating Activities $86.90M $60.90M $150.2M
Capital Expenditures -$1.400M -$1.100M -$2.400M
Free Cash Flow $88.30M $62.00M $152.6M
YoY Change -22.07% -59.37% 67.69%

Facts In Submission

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NoninterestIncomeOtherOperatingIncome
7424000 USD
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
23474000 USD
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
20097000 USD
CY2020Q3 us-gaap Noninterest Income
NoninterestIncome
9977000 USD
CY2019Q3 us-gaap Noninterest Income
NoninterestIncome
10388000 USD
us-gaap Noninterest Income
NoninterestIncome
31369000 USD
us-gaap Noninterest Income
NoninterestIncome
36103000 USD
CY2020Q3 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
33341000 USD
CY2019Q3 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
31915000 USD
us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
92477000 USD
us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
97200000 USD
CY2020Q3 us-gaap Occupancy Net
OccupancyNet
5295000 USD
CY2019Q3 us-gaap Occupancy Net
OccupancyNet
5579000 USD
us-gaap Equipment Expense
EquipmentExpense
8453000 USD
CY2020Q3 us-gaap Professional Fees
ProfessionalFees
5241000 USD
CY2019Q3 us-gaap Professional Fees
ProfessionalFees
5952000 USD
us-gaap Professional Fees
ProfessionalFees
15586000 USD
us-gaap Professional Fees
ProfessionalFees
17209000 USD
CY2020Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
3772000 USD
CY2019Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
3246000 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
11004000 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
9737000 USD
CY2020Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
1993000 USD
CY2019Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
2582000 USD
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
6854000 USD
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
7190000 USD
CY2020Q3 us-gaap Marketing Expense
MarketingExpense
1089000 USD
CY2019Q3 us-gaap Marketing Expense
MarketingExpense
2436000 USD
us-gaap Marketing Expense
MarketingExpense
3890000 USD
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-2496000 USD
CY2019Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1233000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
8880000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
21216000 USD
us-gaap Marketing Expense
MarketingExpense
5556000 USD
CY2020Q3 caty Foreclosed Real Estate Expense Income
ForeclosedRealEstateExpenseIncome
423000 USD
CY2019Q3 caty Foreclosed Real Estate Expense Income
ForeclosedRealEstateExpenseIncome
190000 USD
caty Foreclosed Real Estate Expense Income
ForeclosedRealEstateExpenseIncome
-3229000 USD
caty Foreclosed Real Estate Expense Income
ForeclosedRealEstateExpenseIncome
839000 USD
CY2020Q3 caty Operations Of Affordable Housing Investments Net And Alternative Energy Partnerships Net
OperationsOfAffordableHousingInvestmentsNetAndAlternativeEnergyPartnershipsNet
16173000 USD
CY2019Q3 caty Operations Of Affordable Housing Investments Net And Alternative Energy Partnerships Net
OperationsOfAffordableHousingInvestmentsNetAndAlternativeEnergyPartnershipsNet
6997000 USD
caty Operations Of Affordable Housing Investments Net And Alternative Energy Partnerships Net
OperationsOfAffordableHousingInvestmentsNetAndAlternativeEnergyPartnershipsNet
42997000 USD
caty Operations Of Affordable Housing Investments Net And Alternative Energy Partnerships Net
OperationsOfAffordableHousingInvestmentsNetAndAlternativeEnergyPartnershipsNet
26909000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
172000 USD
us-gaap Noninterest Expense
NoninterestExpense
206096000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
58984000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
93808000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
172740000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
265702000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2190000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20973000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14773000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
53944000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
56794000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
72835000 USD
us-gaap Net Income Loss
NetIncomeLoss
157967000 USD
us-gaap Net Income Loss
NetIncomeLoss
211758000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
172000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
515000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
515000 USD
CY2020Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
5454000 USD
CY2019Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
3770000 USD
us-gaap Other Noninterest Expense
OtherNoninterestExpense
14672000 USD
us-gaap Other Noninterest Expense
OtherNoninterestExpense
15871000 USD
CY2020Q3 us-gaap Noninterest Expense
NoninterestExpense
75997000 USD
CY2019Q3 us-gaap Noninterest Expense
NoninterestExpense
65580000 USD
us-gaap Noninterest Expense
NoninterestExpense
208419000 USD
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.98
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.64
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.71
CY2020Q3 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
867000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
532000 USD
CY2019Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-793000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-3981000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-4119000 USD
CY2020Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
0 USD
CY2019Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-85000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
812000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-76000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1964000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
525000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4087000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
17173000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
54830000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
73360000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
162054000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
228931000 USD
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.71
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.91
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.98
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.64
CY2020Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.31
CY2019Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.31
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.93
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.93
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79628372
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79736814
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79599288
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
80096855
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79764318
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79993830
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79758943
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
80330616
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
2342448000 USD
CY2020Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
4000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1264000 USD
CY2020Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
24682000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1964000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
56794000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
2374723000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
2199297000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
74014000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
4087000 USD
us-gaap Net Income Loss
NetIncomeLoss
157967000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
2374723000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
841000 USD
CY2019Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
4692000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1789000 USD
CY2019Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
24701000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
525000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
72835000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
2245894000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
2294283000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
2573000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
2000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1903000 USD
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
800000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
12880000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3808000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
2121866000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
2522000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
1000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2300000 USD
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
749000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
36301000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4848000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
74422000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
17173000 USD
us-gaap Net Income Loss
NetIncomeLoss
211758000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
2245894000 USD
us-gaap Net Income Loss
NetIncomeLoss
157967000 USD
us-gaap Net Income Loss
NetIncomeLoss
211758000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
62500000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-2000000 USD
caty Provision Reversal For Losses On Other Real Estate Owned
ProvisionReversalForLossesOnOtherRealEstateOwned
717000 USD
caty Provision Reversal For Losses On Other Real Estate Owned
ProvisionReversalForLossesOnOtherRealEstateOwned
494000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
10305000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-9911000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5644000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5009000 USD
caty Amortization Of Right Of Use Asset Operating Lease
AmortizationOfRightOfUseAssetOperatingLease
6624000 USD
caty Amortization Of Right Of Use Asset Operating Lease
AmortizationOfRightOfUseAssetOperatingLease
6248000 USD
caty Change In Operating Lease Liabilities
ChangeInOperatingLeaseLiabilities
-757000 USD
caty Change In Operating Lease Liabilities
ChangeInOperatingLeaseLiabilities
-5298000 USD
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
4216000 USD
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
193000 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
219000 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
795000 USD
caty Proceeds From Sale Of Loans Operating Activities
ProceedsFromSaleOfLoansOperatingActivities
6406000 USD
caty Proceeds From Sale Of Loans Operating Activities
ProceedsFromSaleOfLoansOperatingActivities
38742000 USD
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
6187000 USD
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
-0 USD
caty Accretion Amortization Of Investments
AccretionAmortizationOfInvestments
42904000 USD
caty Accretion Amortization Of Investments
AccretionAmortizationOfInvestments
27009000 USD
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
1153000 USD
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-108000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-6211000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-2376000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-45000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-0 USD
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-1928000 USD
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
7764000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4608000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5597000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
13000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
31640000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-26597000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
64186000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
233120000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
323748000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
272961000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
539979000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
107539000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
149725000 USD
us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
3112000 USD
us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
0 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
543114000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
233058000 USD
us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
840000 USD
us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
975000 USD
us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
1680000 USD
us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
975000 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
496732000 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
803291000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4372000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5125000 USD
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
4308000 USD
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
1905000 USD
caty Net Increase In Investment In Affordable Housing Investing And Alternative Energy Partnerships
NetIncreaseInInvestmentInAffordableHousingInvestingAndAlternativeEnergyPartnerships
60129000 USD
caty Net Increase In Investment In Affordable Housing Investing And Alternative Energy Partnerships
NetIncreaseInInvestmentInAffordableHousingInvestingAndAlternativeEnergyPartnerships
35952000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-175281000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-999659000 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
1342019000 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
955679000 USD
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
1450000000 USD
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
3610000000 USD
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
1890000000 USD
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
3540000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
74014000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
74422000 USD
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
7663000 USD
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
39918000 USD
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
0 USD
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
25507000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
12880000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
36301000 USD
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
25683000 USD
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
-0 USD
us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
2573000 USD
us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
2522000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1903000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2300000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
782449000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
900767000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
840288000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
224856000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
593778000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
600290000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1434066000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
825146000 USD
us-gaap Interest Paid Net
InterestPaidNet
133151000 USD
us-gaap Interest Paid Net
InterestPaidNet
137422000 USD
us-gaap Income Taxes Paid
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us-gaap Income Taxes Paid
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8068000 USD
caty Net Change In Unrealized Holding Loss Gain On Securities Available For Sale Net Of Tax
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us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
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us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
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caty Transfers To Other Real Estate Owned From Loans Held For Investment
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0 USD
caty Transfers To Other Real Estate Owned From Loans Held For Investment
TransfersToOtherRealEstateOwnedFromLoansHeldForInvestment
860000 USD
us-gaap Transfer Of Loans Held For Sale To Portfolio Loans1
TransferOfLoansHeldForSaleToPortfolioLoans1
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us-gaap Transfer Of Loans Held For Sale To Portfolio Loans1
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75285000 USD
us-gaap Nature Of Operations
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<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><i><b><span style="text-decoration: underline; "><em style="font: inherit;">1.</em> Business</span></b></i></p> <p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"> </p> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Cathay General Bancorp (“Bancorp”) is the holding company for Cathay Bank (the “Bank” and, together, with Bancorp, the “Company”), <span style="-sec-ix-hidden:c66667312">ten</span> limited partnerships investing in affordable housing investments in which the Bank is the sole limited partner, Asia Realty Corp. and GBC Venture Capital, Inc. Bancorp also owns 100% of the common stock of <em style="font: inherit;">five</em> statutory business trusts created for the purpose of issuing capital securities. The Bank was founded in <em style="font: inherit;">1962</em> and offers a wide range of financial services. As of <em style="font: inherit;"> September 30, 2020, </em>the Bank operates 25 branches in Southern California, 13 branches in Northern California, 10 branches in New York State, <span style="-sec-ix-hidden:c66667319">four</span> in Washington State, <span style="-sec-ix-hidden:c66667320">three</span> in Illinois, <span style="-sec-ix-hidden:c66667321">two</span> in Texas, <span style="-sec-ix-hidden:c66667322"><span style="-sec-ix-hidden:c66667325"><span style="-sec-ix-hidden:c66667326"><span style="-sec-ix-hidden:c66667327">one</span></span></span></span> in Maryland, Massachusetts, Nevada, and New Jersey, <span style="-sec-ix-hidden:c66667323">one</span> in Hong Kong, and a representative office in Taipei, Beijing, and Shanghai. Deposit accounts at the Hong Kong branch are <em style="font: inherit;">not</em> insured by the Federal Deposit Insurance Corporation (the “FDIC”).</p>
CY2020Q3 caty Percentage Of Subsidiaries Common Securities Owned By Parent Company
PercentageOfSubsidiariesCommonSecuritiesOwnedByParentCompany
1 pure
CY2020Q1 us-gaap Provision For Loan And Lease Losses
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25000000 USD
CY2020Q3 us-gaap Provision For Doubtful Accounts
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caty Average Reserve Balances Required To Be Maintained With Federal Bank
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CY2019 caty Average Reserve Balances Required To Be Maintained With Federal Bank
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110000 USD
CY2020Q3 us-gaap Margin Deposit Assets
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39000000.0 USD
CY2019Q4 us-gaap Margin Deposit Assets
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17700000 USD
CY2020Q3 us-gaap Restricted Cash
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CY2019Q4 us-gaap Restricted Cash
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1443730000 USD
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9852000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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1740000 USD
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CY2019Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2020Q3 caty Average Shares Of Stock Options And Restricted Stock Units With Anti Dilutive Effect
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117621
CY2019Q3 caty Average Shares Of Stock Options And Restricted Stock Units With Anti Dilutive Effect
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caty Average Shares Of Stock Options And Restricted Stock Units With Anti Dilutive Effect
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caty Average Shares Of Stock Options And Restricted Stock Units With Anti Dilutive Effect
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Diluted
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1.98
us-gaap Earnings Per Share Diluted
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1740 pure
CY2020Q3 caty Pledged Investment Securities
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CY2019Q4 caty Pledged Investment Securities
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20100000 USD
caty Benefit Shortfall Of Tax Deductions From Sharebased Compensation
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400000 USD
caty Benefit Shortfall Of Tax Deductions From Sharebased Compensation
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CY2020Q3 us-gaap Equity Securities Fv Ni
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AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear
1245 pure
CY2019Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
144339000 USD
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231000 USD
CY2019Q4 us-gaap Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Less Than One Year
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CY2019Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
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PercentageOfChargeOffToContractualBalancesForImpairedLoans
0.061 pure
CY2019Q4 caty Percentage Of Charge Off To Contractual Balances For Impaired Loans
PercentageOfChargeOffToContractualBalancesForImpairedLoans
0.021 pure
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CY2020Q3 us-gaap Impaired Financing Receivable Interest Income Accrual Method
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588000 USD
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618000 USD
us-gaap Impaired Financing Receivable Average Recorded Investment
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us-gaap Impaired Financing Receivable Interest Income Accrual Method
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1653000 USD
us-gaap Impaired Financing Receivable Average Recorded Investment
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us-gaap Impaired Financing Receivable Interest Income Accrual Method
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us-gaap Financing Receivable Modifications Number Of Contracts2
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us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
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us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
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us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
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15075481000 USD
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CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses
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CY2019Q2 us-gaap Financing Receivable Allowance For Credit Losses
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CY2019Q3 us-gaap Financing Receivable Allowance For Credit Losses
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CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
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us-gaap Provision For Loan Lease And Other Losses
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us-gaap Financing Receivable Allowance For Credit Losses Write Offs
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us-gaap Financing Receivable Allowance For Credit Losses Recovery
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CY2020Q3 caty Options
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850000 USD
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6000 USD
CY2019Q4 caty Options
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908000 USD
CY2019Q4 caty Option Contracts Fair Value
OptionContractsFairValue
7000 USD
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2181000 USD
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2181000 USD
CY2019Q4 us-gaap Derivative Liabilities
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3992000 USD
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3992000 USD
CY2020Q3 us-gaap Derivative Asset Fair Value Of Collateral
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CY2020Q3 us-gaap Derivative Liabilities
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CY2019Q4 caty Net Amount Of Derivative Liabilities Presented In The Balance Sheet
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CY2019Q4 us-gaap Derivative Liability Fair Value Of Collateral
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CY2020Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
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8322000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
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us-gaap Revenue From Contract With Customer Including Assessed Tax
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us-gaap Revenue From Contract With Customer Including Assessed Tax
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22791000 USD
CY2020Q3 caty Noninteres Income Not Inscope
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1655000 USD
CY2019Q3 caty Noninteres Income Not Inscope
NoninteresIncomeNotInscope
2802000 USD
caty Noninteres Income Not Inscope
NoninteresIncomeNotInscope
7412000 USD
caty Noninteres Income Not Inscope
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13312000 USD
CY2020Q3 us-gaap Noninterest Income
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CY2019Q3 us-gaap Noninterest Income
NoninterestIncome
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us-gaap Noninterest Income
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31369000 USD
us-gaap Noninterest Income
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36103000 USD
CY2020Q3 us-gaap Stockholders Equity
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2370000000 USD
us-gaap Stockholders Equity Period Increase Decrease
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CY2019Q4 us-gaap Stockholders Equity
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2290000000 USD
us-gaap Net Income Loss
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158000000.0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
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4100000 USD
us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
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2600000 USD
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74000000.0 USD
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12900000 USD

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