Note 1 - Business |
6 Months Ended |
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Jun. 30, 2026 | |
| Notes to Financial Statements | |
| Nature of Operations [Text Block] |
1. Business
Cathay General Bancorp (“Bancorp”) is the holding company for Cathay Bank (the “Bank” and, together, with Bancorp, the “Company”), and limited partnerships investing in affordable housing investments in which the Bank is the sole limited partner. Bancorp also owns 100% of the common stock of five statutory business trusts created for the purpose of issuing capital securities. The Bank was founded in 1962 and offers a wide range of financial services. As of June 30, 2026, the Bank operates 24 branches in Southern California, 17 branches in Northern California, 9 branches in New York State, in Washington State, in Illinois, in Texas, in Maryland, Massachusetts, Nevada, and New Jersey, in Hong Kong, and a representative office in Taipei, Beijing, and Shanghai. Deposit accounts at the Hong Kong branch are not insured by the Federal Deposit Insurance Corporation (the “FDIC”). Current activities of Taipei, Beijing, and Shanghai representative offices are limited to coordinating the transportation of documents to Bank's head office and performing liaison services.
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