2022 Q1 Form 10-Q Financial Statement

#000143774922011384 Filed on May 09, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $171.9M $163.3M
YoY Change 5.28% -12.54%
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 $2.112M $2.044M
YoY Change 3.33% 13.75%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $12.76M $21.50M
YoY Change -40.68% -53.68%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $98.08M $93.97M
YoY Change 4.37% 67.98%
Income Tax $23.06M $20.59M
% Of Pretax Income 23.51% 21.91%
Net Earnings $75.00M $73.38M
YoY Change 2.2% 56.63%
Net Earnings / Revenue 43.62% 44.93%
Basic Earnings Per Share $1.00 $0.92
Diluted Earnings Per Share $0.99 $0.92
COMMON SHARES
Basic Shares Outstanding 75.33M 79.53M
Diluted Shares Outstanding 75.72M 79.83M

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.258B $1.754B
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 $98.80M $101.9M
YoY Change -3.01% -1.56%
Goodwill $375.7M $372.2M
YoY Change 0.94% 0.0%
Intangibles $7.512M $5.249M
YoY Change 43.11% -15.16%
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 $20.87B $19.23B
YoY Change 8.51% 5.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $35.40M $36.00M
YoY Change -1.66% 2.86%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change
Total Short-Term Liabilities $35.40M $36.00M
YoY Change -1.66% 2.86%
LONG-TERM LIABILITIES
Long-Term Debt $142.2M $142.0M
YoY Change 0.17% -4.05%
Other Long-Term Liabilities $179.7M $156.0M
YoY Change 15.18% -20.81%
Total Long-Term Liabilities $321.9M $298.0M
YoY Change 8.03% -13.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $35.40M $36.00M
Total Long-Term Liabilities $321.9M $298.0M
Total Liabilities $18.44B $16.77B
YoY Change 10.0% 4.9%
SHAREHOLDERS EQUITY
Retained Earnings $2.035B $1.837B
YoY Change 10.75% 9.27%
Common Stock $909.0K $907.0K
YoY Change 0.22% 0.55%
Preferred Stock
YoY Change
Treasury Stock (at cost) $542.1M $342.1M
YoY Change 58.46% 3.23%
Treasury Stock Shares $15.83M $11.13M
Shareholders Equity $2.422B $2.461B
YoY Change
Total Liabilities & Shareholders Equity $20.87B $19.23B
YoY Change 8.51% 5.1%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $75.00M $73.38M
YoY Change 2.2% 56.63%
Depreciation, Depletion And Amortization $2.112M $2.044M
YoY Change 3.33% 13.75%
Cash From Operating Activities $86.46M $91.57M
YoY Change -5.58% -3.64%
INVESTING ACTIVITIES
Capital Expenditures $1.276M $760.0K
YoY Change 67.89% -12.34%
Acquisitions $73.88M $0.00
YoY Change
Other Investing Activities -$645.3M $98.10M
YoY Change -757.83% -127.2%
Cash From Investing Activities -$646.6M $97.38M
YoY Change -764.0% -126.94%
FINANCING ACTIVITIES
Cash Dividend Paid $25.52M $24.65M
YoY Change 3.51% -0.04%
Common Stock Issuance & Retirement, Net $32.90M $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$631.5M $144.3M
YoY Change -537.71% -16.48%
NET CHANGE
Cash From Operating Activities $86.46M $91.57M
Cash From Investing Activities -$646.6M $97.38M
Cash From Financing Activities -$631.5M $144.3M
Net Change In Cash -$1.192B $333.2M
YoY Change -457.61% -455.39%
FREE CASH FLOW
Cash From Operating Activities $86.46M $91.57M
Capital Expenditures $1.276M $760.0K
Free Cash Flow $85.18M $90.81M
YoY Change -6.2% -3.56%

Facts In Submission

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CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
32116000 USD
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
69760000 USD
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.00
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.92
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.99
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.92
CY2022Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.34
CY2021Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.31
CY2021Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
1000 USD
CY2021Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1279000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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1243000 USD
CY2021Q1 us-gaap Dividends Common Stock Cash
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24650000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-3624000 USD
CY2021Q1 us-gaap Net Income Loss
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73384000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
2460947000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
75028000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
73384000 USD
CY2022Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
8643000 USD
CY2021Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-13558000 USD
CY2022Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-3118000 USD
CY2021Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-6135000 USD
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2112000 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2044000 USD
CY2022Q1 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
2443000 USD
CY2021Q1 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
2221000 USD
CY2022Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-1744000 USD
CY2021Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
2319000 USD
CY2022Q1 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
6000 USD
CY2022Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
-0 USD
CY2021Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
289000 USD
CY2022Q1 caty Proceeds From Sale Of Loans Operating Activities
ProceedsFromSaleOfLoansOperatingActivities
0 USD
CY2021Q1 caty Proceeds From Sale Of Loans Operating Activities
ProceedsFromSaleOfLoansOperatingActivities
6345000 USD
CY2022Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
-0 USD
CY2021Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
6056000 USD
CY2022Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-25000 USD
CY2021Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-22000 USD
CY2022Q1 caty Accretion Amortization Of Investments
AccretionAmortizationOfInvestments
8287000 USD
CY2021Q1 caty Accretion Amortization Of Investments
AccretionAmortizationOfInvestments
11641000 USD
CY2022Q1 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-100000 USD
CY2021Q1 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
853000 USD
CY2022Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1494000 USD
CY2021Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-2282000 USD
CY2022Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
5874000 USD
CY2021Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-2752000 USD
CY2022Q1 us-gaap Employee Benefits And Share Based Compensation Noncash
EmployeeBenefitsAndShareBasedCompensationNoncash
1614000 USD
CY2021Q1 us-gaap Employee Benefits And Share Based Compensation Noncash
EmployeeBenefitsAndShareBasedCompensationNoncash
1243000 USD
CY2022Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
13309000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-11863000 USD
CY2022Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
4726000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Liabilities
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-9924000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
86457000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
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91571000 USD
CY2022Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
204882000 USD
CY2021Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
50450000 USD
CY2022Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
45393000 USD
CY2021Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
148685000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
553000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
21102000 USD
CY2022Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
413721000 USD
CY2021Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
15246000 USD
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1276000 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
760000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
307000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
0 USD
CY2022Q1 caty Net Increase In Investment In Affordable Housing Investing And Alternative Energy Partnerships
NetIncreaseInInvestmentInAffordableHousingInvestingAndAlternativeEnergyPartnerships
-902000 USD
CY2021Q1 caty Net Increase In Investment In Affordable Housing Investing And Alternative Energy Partnerships
NetIncreaseInInvestmentInAffordableHousingInvestingAndAlternativeEnergyPartnerships
5950000 USD
CY2022Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
73882000 USD
CY2021Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-0 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
97381000 USD
CY2022Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-573720000 USD
CY2021Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
244327000 USD
CY2022Q1 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
0 USD
CY2021Q1 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
50000000 USD
CY2022Q1 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
-0 USD
CY2021Q1 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
125000000 USD
CY2022Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
25515000 USD
CY2021Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
24650000 USD
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
32896000 USD
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
-0 USD
CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
945000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
868000 USD
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
285000 USD
CY2021Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1279000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-631471000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
144266000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1191620000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
333218000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2449704000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1421078000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1258084000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1754296000 USD
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
12896000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
25872000 USD
CY2022Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
1281000 USD
CY2021Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
2891000 USD
CY2022Q1 caty Net Change In Unrealized Holding Loss Gain On Securities Available For Sale Net Of Tax
NetChangeInUnrealizedHoldingLossGainOnSecuritiesAvailableForSaleNetOfTax
-45966000 USD
CY2021Q1 caty Net Change In Unrealized Holding Loss Gain On Securities Available For Sale Net Of Tax
NetChangeInUnrealizedHoldingLossGainOnSecuritiesAvailableForSaleNetOfTax
-4887000 USD
CY2022Q1 us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
3054000 USD
CY2021Q1 us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
1263000 USD
CY2022Q1 caty Transfers To Other Real Estate Owned From Loans Held For Investment
TransfersToOtherRealEstateOwnedFromLoansHeldForInvestment
0 USD
CY2021Q1 caty Transfers To Other Real Estate Owned From Loans Held For Investment
TransfersToOtherRealEstateOwnedFromLoansHeldForInvestment
0 USD
CY2022Q1 us-gaap Nature Of Operations
NatureOfOperations
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b><i><span style="text-decoration: underline; "><em style="font: inherit;">1.</em> Business</span></i></b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Cathay General Bancorp (“Bancorp”) is the holding company for Cathay Bank (the “Bank” and, together, with Bancorp, the “Company”), ten limited partnerships investing in affordable housing investments in which the Bank is the sole limited partner, 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;"> March 31, 2022, </em>the Bank operates 27 branches in Southern California, 20 branches in Northern California, 10 branches in New York State, four in Washington State, two in Illinois, two in Texas, one in Maryland, Massachusetts, Nevada, and New Jersey, one 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>
CY2022Q1 caty Number Of Limited Partnerships In Housing Investments
NumberOfLimitedPartnershipsInHousingInvestments
10 pure
CY2022Q1 caty Percentage Of Subsidiaries Common Securities Owned By Parent Company
PercentageOfSubsidiariesCommonSecuritiesOwnedByParentCompany
1 pure
CY2022Q1 caty Average Reserve Balances Required To Be Maintained With Federal Bank
AverageReserveBalancesRequiredToBeMaintainedWithFederalBank
0 USD
CY2022Q1 caty Average Excess Balances Maintained With Federal Reserve Bank
AverageExcessBalancesMaintainedWithFederalReserveBank
1600000000 USD
CY2021 caty Average Excess Balances Maintained With Federal Reserve Bank
AverageExcessBalancesMaintainedWithFederalReserveBank
1600000000 USD
CY2022Q1 us-gaap Margin Deposit Assets
MarginDepositAssets
3300000 USD
CY2021Q4 us-gaap Margin Deposit Assets
MarginDepositAssets
24300000 USD
CY2022Q1 us-gaap Restricted Cash
RestrictedCash
0 USD
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
690000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
75028000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
73384000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75331976
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79530777
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
387399
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
301528
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75719375
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79832305
CY2022Q1 caty Average Shares Of Stock Options And Restricted Stock Units With Anti Dilutive Effect
AverageSharesOfStockOptionsAndRestrictedStockUnitsWithAntiDilutiveEffect
22574
CY2021Q1 caty Average Shares Of Stock Options And Restricted Stock Units With Anti Dilutive Effect
AverageSharesOfStockOptionsAndRestrictedStockUnitsWithAntiDilutiveEffect
71108
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.00
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.92
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.99
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.92
CY2022Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1797392
CY2022Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1284863000 USD
CY2022Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1625000 USD
CY2022Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
66947000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1219541000 USD
CY2021Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1126867000 USD
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
11075000 USD
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
10633000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1127309000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
124789000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
124794000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
126637000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
117089000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
142206000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
141424000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
891231000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
836234000 USD
CY2022Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1284863000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1219541000 USD
CY2022Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
5900000 USD
CY2021Q1 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-2800000 USD
CY2022Q1 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
27700000 USD
CY2021Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
22300000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
845994000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
49282000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
164771000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
17665000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
1010765000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
66947000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
639985000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
9198000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
28429000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
1435000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
668414000 USD
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
10633000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
156 pure
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
88 pure
CY2022Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 USD
CY2022Q1 caty Pledged Investment Securities
PledgedInvestmentSecurities
28800000 USD
CY2021Q4 caty Pledged Investment Securities
PledgedInvestmentSecurities
30500000 USD
CY2022Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
17398357000 USD
CY2021Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
16342479000 USD
CY2022Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
145786000 USD
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
136157000 USD
CY2022Q1 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
4679000 USD
CY2021Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
4321000 USD
CY2022Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
17247892000 USD
CY2021Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
16202001000 USD
CY2022Q1 caty Percentage Of Charge Off To Contractual Balances For Impaired Loans
PercentageOfChargeOffToContractualBalancesForImpairedLoans
0.019 pure
CY2021Q4 caty Percentage Of Charge Off To Contractual Balances For Impaired Loans
PercentageOfChargeOffToContractualBalancesForImpairedLoans
0.107 pure
CY2022Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
77699000 USD
CY2022Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
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436000 USD
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CY2021Q4 caty Options
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CY2022Q1 caty Noninteres Income Not Inscope
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CY2021Q1 us-gaap Noninterest Income
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CY2022Q1 us-gaap Stock Repurchase Program Authorized Amount1
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32900000 USD
CY2022Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
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46.67

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