EAST WEST BANCORP INC
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
EWBC$130.97+1.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED FINANCIAL STATEMENTS Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEETS
($ in thousands, except shares)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Cash and due from banks | $444,793 | $534,980 |
| Interest-bearing cash with banks | 4,170,191 | 2,946,804 |
| Cash and cash equivalents | 4,614,984 | 3,481,784 |
| Interest-bearing deposits with banks | 10,498 | 139,021 |
| Assets purchased under resale agreements (“resale agreements”) | 785,000 | 792,192 |
| Securities: | ||
| Available-for-sale (“AFS”) debt securities, at fair value (amortized cost of $6,916,491 and $6,879,225) | 6,188,337 | 6,034,993 |
| Held-to-maturity (“HTM”) debt securities, at amortized cost (fair value of $2,453,971 and $2,455,171) | 2,956,040 | 3,001,868 |
| Loans held-for-sale | 116 | 25,644 |
| Loans held-for-investment (net of allowance for loan losses of $668,743 and $595,645) | 51,542,039 | 47,606,785 |
| Investments in qualified affordable housing partnerships, tax credit and other investments, net | 905,036 | 763,256 |
| Premises and equipment (net of accumulated depreciation of $157,622 and $148,126) | 86,370 | 89,191 |
| Goodwill | 465,697 | 465,697 |
| Operating lease right-of-use assets | 94,024 | 103,681 |
| Other assets | 1,964,743 | 1,608,038 |
| TOTAL | $69,612,884 | $64,112,150 |
| LIABILITIES | ||
| Deposits: | ||
| Noninterest-bearing | $15,539,872 | $21,051,090 |
| Interest-bearing | 40,552,566 | 34,916,759 |
| Total deposits | 56,092,438 | 55,967,849 |
| Short-term borrowings | 4,500,000 | — |
| Assets sold under repurchase agreements (“repurchase agreements”) | — | 300,000 |
| Long-term debt and finance lease liabilities | 153,011 | 152,400 |
| Operating lease liabilities | 102,353 | 111,931 |
| Accrued expenses and other liabilities | 1,814,248 | 1,595,358 |
| Total liabilities | 62,662,050 | 58,127,538 |
| COMMITMENTS AND CONTINGENCIES (Note 12) | ||
| STOCKHOLDERS’ EQUITY | ||
| Common stock, $0.001 par value, 200,000,000 shares authorized; 169,372,230 and 168,459,045 shares issued | 169 | 168 |
| Additional paid-in capital | 1,980,818 | 1,936,389 |
| Retained earnings | 6,465,230 | 5,582,546 |
| Treasury stock, at cost 29,344,863 and 27,511,199 shares | (874,787) | (768,862) |
| Accumulated other comprehensive loss (“AOCI”), net of tax | (620,596) | (765,629) |
| Total stockholders’ equity | 6,950,834 | 5,984,612 |
| TOTAL | $69,612,884 | $64,112,150 |
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