CATY - Cathay General Bancorp

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Cathay General Bancorp

777 North Broadway
Los Angeles, CA 90012
United States
213-625-4700
http://www.cathaybank.com

SectorFinancial
IndustryRegional - Pacific Banks
Full Time Employees1,129

Key Executives

NameTitlePayExercisedAge
Dr. Dunson K. Cheng Ph.D.Exec. ChairmanN/AN/A72
Mr. Pin TaiCEO, Pres & Director1.2MN/A63
Mr. Heng W. ChenExec. VP, CFO, Principal Accounting Officer & TreasurerN/AN/A64
Mr. Irwin WongSr. Exec. VP & COO of Cathay Bank719.64kN/A68
Mr. Donald Sang ChowExec. VP & Chief Credit Officer of Cathay Bank583.04kN/A66
Amounts are as of December 31, 2016 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.

Description

Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to 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 deposits, individual retirement accounts, 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 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. The company operates 22 branches in southern California; 12 branches in northern California; 12 branches in New York State; 3 branches in Washington State; 3 branches in Illinois; 2 branches in Texas; and 1 each branch in Massachusetts, New Jersey, Maryland, Nevada, and Hong Kong, as well as 2 representative offices in Shanghai, China and Taipei, Taiwan. Cathay General Bancorp was founded in 1990 and is headquartered in Los Angeles, California.

Corporate Governance

Cathay General Bancorp’s ISS Governance QualityScore as of October 4, 2017 is 4. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 5; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.