CATHAY GENERAL BANCORP (NASDAQ:CATY) Files An 8-K Other EventsItem 8.01 Other Events.
On October 27, 2017, Cathay General Bancorp issued a press release announcing the completion of its previously announced bank merger between Far East National Bank and Cathay Bank. With the completion of the merger, Far East National Bank, a national bank, was merged with and into Cathay Bank, a California state-chartered bank, with Cathay Bank as the surviving entity. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
99.1 Press Release of Cathay General Bancorp, dated October 27, 2017
CATHAY GENERAL BANCORP ExhibitEX-99.1 2 tv477917_ex99-1.htm EXHIBIT 99.1 Cathay General Bancorp Completes Merger Between Cathay Bank And Far East National BankLOS ANGELES,…To view the full exhibit click here
About CATHAY GENERAL BANCORP (NASDAQ:CATY)
Cathay General Bancorp is a bank holding company. The Company holds Cathay Bank, a California state-chartered commercial bank (the Bank); approximately seven limited partnerships investing in affordable housing investments, in which the Bank is the sole limited partner; GBC Venture Capital, Inc, and Asia Realty Corp. It also owns the common stock of over five statutory business trusts created for issuing capital securities. The Bank primarily services individuals, professionals and small to medium-sized businesses in the local markets and provides commercial mortgage loans, commercial loans, small business administration (SBA) loans, residential mortgage loans, real estate construction loans, home equity lines of credit and installment loans to individuals for automobile, household and other consumer expenditures. The Bank offers passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits.