Cathay General Bancorp (NASDAQ:CATY) Q3 2021 Earnings Conference Call October 25, 2021 6:00 PM ET Company Participants Georgia Lo - IR Chang Liu - President and CEO Heng Chen - EVP and CFO Conference Call Participants Brandon King - Truist Securities David Chiaverini - Wedbush Securities Chris McGratty - KBW Gary Tenner - D.A. Davidson Operator Good afternoon ladies and gentlemen and welcome to Cathay General Bancorp's Third Quarter 2021 Earnings Conference Call. My name is Sadie and I will be your coordina ...

Title of each class Trading Symbol Name of each exchange on which registered Common Stock CATY Nasdaq Global Select Market Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission fil ...

Financial Earnings Results. Second Quarter 2021 July 26, 2021 Forward Looking Statements This presentation contains forward-looking statements about Cathay General Bancorp and its subsidiaries (collectively referred to herein as the "Company," "we," "us," or "our") within the meaning of the applicable provisions of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provision for forward-looking statements in these provisions. Stat ...

Cathay General Bancorp (NASDAQ:CATY) Q2 2021 Earnings Conference Call July 26, 2021 6:00 PM ET Company Participants Georgia Lo - Investor Relations Chang Liu - President and CEO Heng Chen - Executive Vice President and CFO Conference Call Participants Matthew Clark - Piper Sandler Gary Tenner - D.A. Davidson Brandon King - Truist Securities Chris O'Connell - KBW David Chiaverini - Wedbush Securities Operator Good afternoon, ladies and gentlemen. And welcome to Cathay General Bancorp’s Second Quarter 2021 Ea ...

Financial Performance - Net income for Q1 2021 was $73.4 million, an increase of $26.5 million, or 56.5%, compared to $46.9 million in Q1 2020[230] - Diluted earnings per share for Q1 2021 was $0.92, up from $0.59 in the same quarter a year ago[230] - Non-interest income rose to $10.0 million, a 72.4% increase compared to $5.8 million in the same quarter last year[243] - The net interest income before provision for credit losses increased by $1.5 million, or 1.1%, to $141.8 million in Q1 2021[233] - Return on average stockholders' equity was 12.18% for Q1 2021, compared to 8.12% for the same quarter a year ago[231] Interest Margin and Loans - Total net interest margin increased to 3.20% in Q1 2021 from 3.12% in Q4 2020[229] - The yield on average interest-earning assets was 3.68% in Q1 2021, down from 4.44% in Q1 2020[235] - The cost of funds on average interest-bearing liabilities was 0.67% in Q1 2021, compared to 1.49% in Q1 2020[235] - Total loans increased to $15,691,976 thousand with a net interest income of $141,818 thousand, reflecting a yield of 4.13%[1] - The net interest spread improved to 3.01% from 2.95% year-over-year[1] Asset and Liability Management - Total assets reached $19,011,161 thousand, an increase from $18,003,041 thousand[1] - Total assets increased by $187.1 million, or 1.0%, to $19.2 billion as of March 31, 2021, compared to $19.0 billion as of December 31, 2020[247] - Securities available-for-sale decreased to $0.9 billion, representing 4.7% of total assets as of March 31, 2021, down from 5.4% as of December 31, 2020[252] - Total deposits were $16.4 billion at March 31, 2021, an increase of $244.2 million, or 1.5%, from $16.1 billion at December 31, 2020[303] - Total equity was $2.46 billion as of March 31, 2021, an increase of $45.1 million from $2.42 billion as of December 31, 2020[314] Credit Quality and Loan Losses - The allowance for loan losses decreased by $19.8 million to $147.3 million, representing 0.94% of gross loans, compared to 1.07% previously[241] - Total charge-offs for the quarter were $9,138 thousand, significantly higher than $1,321 thousand in the same quarter last year[241] - Non-performing assets increased by $23.9 million, or 30.8%, to $101.5 million at March 31, 2021, compared to $77.6 million at December 31, 2020[262] - The ratio of non-performing assets to total assets was 0.5% at March 31, 2021, compared to 0.4% at December 31, 2020[262] - The allowance for loan losses to non-performing loans was 152.5% as of March 31, 2021, compared to 229.2% as of December 31, 2020[272] Capital Adequacy - As of March 31, 2021, Cathay General Bancorp's Common Equity Tier 1 to Risk-Weighted Assets ratio was 14.00%, exceeding the minimum required ratio of 7.00%[319] - Cathay Bank reported a Total Capital to Risk-Weighted Assets ratio of 15.25% as of March 31, 2021, above the minimum requirement of 10.50%[319] - Capital levels at Bancorp and the Bank exceed all capital adequacy requirements under the fully phased-in Basel III Capital Rules as of March 31, 2021[319] Derivative Instruments and Interest Rate Risk - The notional amount of interest rate swap contracts as of March 31, 2021, was $119.1 million, with a weighted average fixed rate of 2.61%[327] - The Bank's outstanding interest rate swap contracts had a notional amount of $819.8 million as of March 31, 2021, with a weighted average fixed rate of 3.26%[329] - The estimated impact of a +200 basis point change in interest rates would result in a 16.6% increase in net interest income volatility[343] Operational Efficiency - Non-interest expense increased by $6.2 million, or 9.5%, totaling $71.4 million, driven by higher salaries and contributions to the Cathay Bank Foundation[244] - The efficiency ratio was reported at 47.0%, up from 44.6% in the same quarter last year[244] - The Company declared a cash dividend of $0.31 per share on 79,514,076 shares, resulting in total cash dividends of $24.6 million in Q1 2021[322]

Financial Earnings Results. First Quarter 2021 April 26, 2021 Cathay General l!=I Bancorp 8 Forward Looking Statements This presentation contains forward-looking statements about Cathay General Bancorp and its subsidiaries (collectively referred to herein as the "Company," "we," "us," or "our") within the meaning of the applicable provisions of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provision for forward-looking statem ...

Cathay General Bancorp (NASDAQ:CATY) Q1 2021 Earnings Conference Call April 26, 2021 6:00 PM ET Corporate Participants Georgia Lo - Investor Relations Chang Liu - President and Chief Executive Officer Heng Chen - Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Clark - Piper Sandler Chris McGratty - KBW Gary Tenner - D.A. Davidson David Chiaverini - Wedbush Securities Operator Good afternoon ladies and gentlemen and welcome to the Cathay General Bancorp's First Quart ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-31830 Cathay General Bancorp (Exact name of Registrant as specified in its charter) | --- | --- | |----------------------------------------------------|----------- ...

Cathay General Bancorp (NASDAQ:CATY) Q4 2020 Earnings Conference Call January 27, 2020 6:00 PM ET Company Participants Georgia Lo - IR Chang Liu - President and CEO Heng Chen - EVP and CFO Conference Call Participants Chris McGratty - KBW Gary Tenner - D.A. Davidson Matthew Clark - Piper Sandler Michael Young - Truist Securities David Chiaverini - Wedbush Securities Operator Good afternoon ladies and gentlemen and welcome to the Cathay General Bancorp's Fourth Quarter and Full Year 2020 Earnings Conference ...

Financial Earnings Results. Fourth Quarter and Full Year 2020 January 27, 2021 Forward Looking Statements This presentation contains forward-looking statements about Cathay General Bancorp and its subsidiaries (collectively referred to herein as the "Company," "we," "us," or "our") within the meaning of the applicable provisions of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provision for forward-looking statements in these ...