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Cathay General Bancorp (CATY)

26.33 Down 0.25(0.94%) Sep 19, 4:00PM EDT
|After Hours : 26.33 0.00 (0.00%) Sep 19, 5:04PM EDT
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Cathay General Bancorp
777 North Broadway
Los Angeles, CA 90012
United States - Map
Phone: 213-625-4700

Index Membership:N/A
Industry:Regional - Pacific Banks
Full Time Employees:1,132

Business Summary 

Cathay General Bancorp operates as the holding company for Cathay Bank, which offers various commercial banking products and services for individuals, professionals, and small to medium-sized businesses in the United States. It offers various deposit products, including passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, college certificates of deposit, and public funds deposits. The company’s loan portfolio consists of commercial mortgage loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, and home equity lines of credit, as well as installment loans to individuals for automobile, household, and other consumer expenditures. In addition, it provides trade financing, letters of credit, wire transfers, forward currency spot and forward contracts, traveler’s checks, safe deposit, night deposit, social security payment deposit, collection, bank-by-mail, drive-up and walk-up windows, automatic teller machines, Internet banking, investment, and other customary bank services, as well as securities and insurance products. As of April 16, 2014, the company operated 32 branches in California; 9 branches in New York State; 1 in Massachusetts; 2 in Texas; 3 in Washington State; 3 in the Chicago, Illinois area; 1 in New Jersey; 1 in Nevada; 1 in Hong Kong; and a representative office in Shanghai and in Taipei. Cathay General Bancorp was founded in 1990 and is based in Los Angeles, California.

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Corporate Governance 
Cathay General Bancorp’s ISS Governance QuickScore as of Sep 1, 2014 is 6. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 5; Compensation: 6.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Dr. Dunson K. Cheng Ph.D., 69
Chairman, Chief Exec. Officer, Pres, Chairman of Investment Committee, Member of Risk Committee, Chairman of Cathay Bank, Chief Exec. Officer of Cathay Bank, Pres of Cathay Bank, Pres of Cathay Real Estate Investment Trust, Director of Cathay Bank and Trustee of Cathay Real Estate Investment Trust
Mr. Anthony M. Tang , 60
Exec. Vice Chairman and Exec. Vice Chairman of Cathay Bank
Mr. Heng W. Chen , 61
Chief Financial Officer, Principal Accounting Officer, Exec. VP, Treasurer, Chief Financial Officer of Cathay Real Estate Investment Trust, Chief Financial Officer of Cathay Bank, Exec. VP of Cathay Bank and VP of Cathay Real Estate Investment
Mr. Irwin Wong , 65
Chief Retail Admin. & Regulatory Affairs Officer of Cathay Bank and Sr. Exec. VP of Cathay Bank
Mr. Pin Tai , 60
Chief Lending Officer of Cathay Bank and Exec. VP of Cathay Bank
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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