Cathay Bank is an FDIC insured institution headquartered at
777 N Broadway, Los Angeles, CA 90012.
Deposit Rates - January 15, 2025
Loan Rates - January 15, 2025
Overview 2025
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 18503
Date Established
1962
Assets
$ 23.25 billion
Loans
$ 19.22 billion
Deposits
$ 19.98 billion
Capital
$ 2.89 billion
Summary Balance Sheet as of September 30, 2024
ASSETS
Cash & Balances due from depository institutions
$ 1,338.77 million
Interest-bearing balances
$ 1,141.23 million
Total securities
$ 1,514.85 million
Federal funds sold and reverse repurchase
N.A.
Net loans and leases
$ 19.22 billion
Loan loss allowance
$ 163.73 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
$ 18.28 million
Goodwill and other intangibles
$ 379.29 million
All other assets
$ 633.25 million
Total Assets $ 20.36 billion
LIABILITIES
Total deposits
$ 19.98 billion
Interest-bearing deposits
$ 16.69 billion
Deposits held in domestic offices
$ 19.75 billion
% insured (estimated) 52.97%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
$ 152.49 million
Subordinated debt
N.A.
All other liabilities
$ 244.79 millionn
Total Liabilities $ 20.36 billion
Shareholders’ Equity $ 2.89 billion
Summary Income Statement as of September 30, 2024
INCOME AND EXPENSES
Total Interest Income
$ 1,005.43 million
Total Interest Expense
$ 496.01 million
Net interest income
$ 509.42 million
Provision for loan and lease losses
$ 23.00 million
Total non interest income
$ 44.50 million
Total non interest expense
$ 285.81 million
Pre-tax Net Operating Income
$ 211.68 million
Customer Reviews for Cathay Bank
Branches
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