Cathay Bank
Cathay Bank reported total assets of $24.6 bn at Q2 2026, up 3.9% on a year earlier, the 88th largest of 497 banks in our US coverage. The CET1 capital ratio at Cathay Bank was 13.98%, and the uninsured share of Cathay Bank was 49.81%. Source: FDIC Call Reports.
Key takeaways
- On noncurrent loans to total loans, Cathay Bank climbed from 394th to 213th among 500 US banks between and (1 = lowest; FDIC Call Reports).
- Since , Cathay Bank has taken over one institution; the latest was Far East National Bank on (FDIC Call Reports).
What sets Cathay Bank apart
How large is Cathay Bank?
The balance sheet of Cathay Bank at : assets $24.6 bn, deposits $21.1 bn, net loans $20.4 bn (loans equal to 96.59% of deposits). Securities make up 6.9% of total assets at Cathay Bank. Since , when Cathay Bank held $13.2 bn, its assets grew 86.4%. In the year to , deposits at Cathay Bank rose 5.4% while its total assets rose 3.9%. At , Cathay Bank employed 1,300 full-time equivalent staff across 66 offices, about $19.0 mn of assets per employee and $319.9 mn of deposits per office.
How much funding at Cathay Bank is uninsured?
At Cathay Bank, uninsured deposits (above the FDIC limit) made up 49.81% of domestic deposits at (+1.92 pp on a year earlier); Cathay Bank ranks 84th of 500 on this measure. In dollars, Cathay Bank estimated $10.4 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $21.1 bn | +5.4% | 84th of 499 |
| Net loans and leases | $20.4 bn | +3.9% | 71st of 500 |
| Loan-to-deposit ratio | 96.59% | -1.37 pp | 91st of 500 |
| Tier 1 leverage ratio | 11.52% | +0.06 pp | 123rd of 500 |
| Total risk-based capital ratio | 15.16% | +0.41 pp | 159th of 448 |
| Net interest margin | 3.48% | +0.18 pp | 304th of 500 |
| Return on assets (ROA) | 1.55% | +0.20 pp | 143rd of 500 |
| Efficiency ratio | 40.18% | -3.51 pp | 60th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $54.4 mn | Narrowed by $43.9 mn | |
| Noncurrent loans to total loans | 0.54% | -0.41 pp | 213th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.04% | -0.11 pp | 173rd of 500 (1 = lowest) |
US rank of Cathay Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Cathay Bank: assets, deposits and loans
- Total assets $24.6bn
- Deposits $21.1bn
- Net loans $20.4bn
Capital and securities
The CET1 ratio of Cathay Bank stood at 13.98% in , +0.19 pp year on year. Low and high at Cathay Bank since : 12.29% () to 14.25% (). Equity capital of Cathay Bank at : $3.1 bn, or 12.6% of total assets. Cathay Bank also reported a total capital ratio of 15.16% for , and a tier 1 leverage ratio of 11.52%.
The available-for-sale portfolio of Cathay Bank showed an unrealized loss of $54.4 mn at ; the loss narrowed by $43.9 mn over the year.
Cathay Bank: capital ratios
- Total capital 15%
- CET1 14%
- Tier 1 leverage 12%
Cathay Bank: unrealized securities gains and losses
- Available for sale -$54mn
- Held to maturity $0
Profitability and loan quality
For the year to , Cathay Bank earned a return on equity of 12.26%; return on assets: 1.55%. Net interest margin at Cathay Bank: 3.48%, +0.18 pp in a year. Cathay Bank net income: $187.7 mn, up 20.0% year on year. The efficiency ratio of Cathay Bank was 40.18%: about 40 cents cost per revenue dollar, against 50 cents at the median peer.
At , noncurrent loans were 0.54% of total loans at Cathay Bank; net charge-offs: 0.04% of average loans. Gross loans and leases at Cathay Bank: $20.6 bn, up 4.1% in a year.
Cathay Bank: profitability
- Return on equity 12%
- Net interest margin 3.5%
- Return on assets 1.5%
Peer group of Cathay Bank
The peer group of Cathay Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of Cathay Bank (state nonmember bank), 6 sit in the same size group ($10 bn to $100 bn) and 0 have head offices in California. Against them, Cathay Bank shows CET1 ratio 13.98% against a peer median of 14.84%, return on equity 12.26% against a peer median of 11.43% and uninsured deposit share 49.81% against a peer median of 37.26%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Ameriprise Bank, FSB | Federal savings bank | MN | $25.5 bn | 30.38% | 50.95% | 1.54% | |
| Rockland Trust Company | State nonmember bank | MA | $25.0 bn | 14.85% | 9.05% | 33.49% | |
| Simmons Bank | State member bank | AR | $24.7 bn | 10.44% | 9.24% | 36.19% | |
| Cathay Bank | State nonmember bank | CA | $24.6 bn | 13.98% | 12.26% | 49.81% | |
| Centennial Bank | State member bank | AR | $24.6 bn | 14.83% | 12.23% | 46.72% | |
| TriState Capital Bank | State member bank | PA | $24.3 bn | 18.45% | 10.62% | 38.32% | |
| Bank of Hawaii | State member bank | HI | $23.8 bn | 13.92% | 13.92% | 47.22% | |
. FDIC Call Reports.
Last eight quarters
Two years at Cathay Bank, to : assets +6.0%, deposits +5.7%, equity +7.2%. Staff 1,242 to 1,300; offices 67 to 66.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $23.3 bn | $23.0 bn | $23.2 bn | $23.7 bn | $24.1 bn | $24.2 bn | $24.0 bn | $24.6 bn |
| Total deposits | $20.0 bn | $19.7 bn | $19.8 bn | $20.0 bn | $20.5 bn | $20.9 bn | $20.7 bn | $21.1 bn |
| Bank equity capital | $2.9 bn | $2.9 bn | $2.9 bn | $3.0 bn | $3.0 bn | $3.0 bn | $3.1 bn | $3.1 bn |
| CET1 ratio | 13.66% | 13.84% | 14.04% | 13.79% | 13.62% | 13.73% | 13.91% | 13.98% |
| Return on equity (ROE) | 10.17% | 10.54% | 10.21% | 10.65% | 10.58% | 11.03% | 12.12% | 12.26% |
| Uninsured share of domestic deposits | 46.50% | 48.29% | 47.18% | 47.89% | 49.09% | 49.36% | 49.28% | 49.81% |
| Full-time equivalent employees | 1,242 | 1,266 | 1,271 | 1,265 | 1,264 | 1,268 | 1,288 | 1,300 |
| Number of offices | 67 | 67 | 67 | 66 | 66 | 66 | 66 | 66 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Cathay Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed Far East National Bank (FDIC certificate 21851).
Questions and identifiers
What were the total assets of Cathay Bank?
Cathay Bank reported $24.6 bn at in its Call Report. That makes Cathay Bank the 88th largest of 497 banks in our US coverage.
Is Cathay Bank the same as its holding company?
No. This page covers Cathay Bank, FDIC certificate 18503; CATHAY GENERAL BCORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Cathay Bank profitable?
Cathay Bank reported net income of $187.7 mn for the year to ; annualized return on equity: 12.26%. So yes: Cathay Bank made a profit over these months.
When is data for Cathay Bank next updated?
Figures from Cathay Bank for are due after .
Where can I check the figures for Cathay Bank?
In the FDIC BankFind Suite record for certificate 18503, and in the Call Reports of Cathay Bank (RSSD ID 595869) at the FFIEC Central Data Repository.