CATY Description — Cathay General Bancorp
Cathay General Bancorp is the holding company of Cathay Bank (the Bank), a state-chartered commercial bank. The Bank accepts checking, savings, and time deposits, and makes commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The Bank also provides letters of credit, wire transfers, traveler's checks, safe deposit, night deposit, Social Security payment deposit, collection, bank-by-mail, and automatic teller machines. Co. also owns 100% of the common stock of five statutory business trusts created for the purpose of issuing capital securities. As of Dec 31 2012, Co. had total assets of $10.69 billion and total deposits of $7.38 billion.