With deposits of $20.52 billion (up 2.6%) and loans of $20.10 billion (up 1.6%), Cathay demonstrates steady balance sheet growth. The bank's ROE of 10.6% and net interest margin of 3.31% position it well as deposit costs decline from maturing certificates of deposit currently yielding 4.82%.CEO Chang Liu noted non-accrual loans increased to 0.84% of total loans, primarily from a single $38 million relationship. However, the bank maintains strong collateral coverage with an average loan-to-value ratio of 49% ...