Cathay Bank

777 North Broadway Street
Los Angeles, CA 90012
1-800-922-8429
www.cathaybank.com

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Cathay Bank is headquartered in Los Angeles and is the 11^st largest bank in the state of California. It is also the 106^th largest bank in the nation. It was established in 1962 and as of December of 2011, it had grown to 1,018 employees at 52 locations. Cathay Bank has a 4-star health rating.

2.48% Jumbo 9-Month CD at Cathay Bank in Several States - 4/21/2009

Cathay Bank is offering a CD promotion with some competitive rates for a 9-month term. For a $100K minimum deposit, the rate is 2.48% APY and for a $25K minimum deposit, the rate is 2.22% APY. These rates are listed at the bank's promotion page as of...

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See Rates for: Checking | Savings | Money Market | CD

Cathay Bank Checking Account Rates

	Apy	Min	Max	Product
	0.20%	$50k	-	Cathay ValuePlus

Cathay Bank Savings Account Rates

Apy	Min	Max	Product
0.05%	-	-	Student Savings
0.05%	-	-	Regular Savings
0.05%	-	-	Security Savings

Cathay Bank Money Market Rates

Apy	Min	Max	Product
0.70%	$3m	-	Optima Money Market
0.60%	$3m	-	Smart Money Market

Cathay Bank CD Rates

Apy	Min	Max	Product
0.70%	$2,500	$100k	3 Year - 60 Month CD
0.60%	$2,500	$100k	2 Year - 35 Month CD
0.50%	$2,500	$100k	1 Year - 23 Month CD
0.35%	$2,500	$100k	180 - 364 Day CD
0.20%	$50k	$100k	90 - 179 Day CD
0.15%	$50k	$100k	32 - 89 Day CD
0.10%	$50k	$100k	7 - 31 Day CD

Rates updated: 5/24/2012

Data for Q4 2011

Institution Statistics

Cathay Bank
FDIC Certificate #	18503
BankRate Report	View
Year Established	1962
Employees	1018
Primary Regulator	FDIC
Assets and Liabilities
Assets	$10.63 billion
Loans	$6.85 billion
Deposits	$7.25 billion
Equity Capital	$1.59 billion
Loan Loss Allowance	$206.28 million
Unbacked Noncurrent Loans	$207.65 million
Real Estate Owned	$92.71 million
Historic Data - December 2010
Assets	$10.79 billion
Equity Capital	$1.50 billion
Loan Loss Allowance	$245.23 million
Unbacked Noncurrent Loans	$249.00 million
Real Estate Owned	$77.74 million
Profit Margin - Quarterly
Net Interest Margin	3.32%
Return on Assets	0.97%
Return on Equity	6.63%
Interest Income	$454.03 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Cathay Bank had $300.36 million in non-current loans and owned real-estate with $1.8 billion in equity and loan loss allowances on hand to cover it. This gives Cathay Bank a Texas Ratio of 16.69% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Cathay Bank held steady from 18.75% as of December 31, 2010 to 16.69% as of December 31, 2011, resulting in a positive change of 10.99%.This indicates that the balance sheet and financial strength for Cathay Bank has held steady in recent periods.
Deposit Growth
In the past year, Cathay Bank has increased its total deposits by $219.76 million, resulting in 3.13% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Cathay Bank has shown is above average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Cathay Bank has $10.63 billion in assets with $1.8 billion in equity, resulting in a capitalization level of 16.94%, which is excellent.