EAST WEST BANCORP INC
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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FY2024 · Filed Feb 28, 2025
EWBC$130.97+1.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED FINANCIAL STATEMENTS Consolidated Balance Sheets
CONSOLIDATED BALANCE SHEETS
($ in thousands, except shares)
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Cash and due from banks | $360,734 | $444,793 |
| Interest-bearing cash with banks | 4,890,008 | 4,170,191 |
| Cash and cash equivalents | 5,250,742 | 4,614,984 |
| Interest-bearing deposits with banks | 48,198 | 10,498 |
| Securities purchased under resale agreements (“resale agreements”) | 425,000 | 785,000 |
| Debt securities: | ||
| Available-for-sale (“AFS”), at fair value (amortized cost of $11,505,775 and $6,916,491) | 10,846,811 | 6,188,337 |
| Held-to-maturity (“HTM”), at amortized cost (fair value of $2,387,754 and $2,453,971) | 2,917,413 | 2,956,040 |
| Loans held-for-sale | — | 116 |
| Loans held-for-investment (net of allowance for loan losses of $702,052 and $668,743) | 53,024,585 | 51,542,039 |
| Affordable housing partnership, tax credit and Community Reinvestment Act (“CRA”) investments, net | 926,640 | 905,036 |
| Premises and equipment (net of accumulated depreciation of $166,154 and $157,622) | 82,233 | 86,370 |
| Operating lease right-of-use assets | 81,967 | 94,024 |
| Goodwill | 465,697 | 465,697 |
| Other assets | 1,907,189 | 1,964,743 |
| TOTAL | $75,976,475 | $69,612,884 |
| LIABILITIES | ||
| Deposits: | ||
| Noninterest-bearing | $15,450,428 | $15,539,872 |
| Interest-bearing | 47,724,595 | 40,552,566 |
| Total deposits | 63,175,023 | 56,092,438 |
| Bank Term Funding Program (“BTFP”) borrowings | — | 4,500,000 |
| Federal Home Loan Bank (“FHLB”) advances | 3,500,000 | — |
| Long-term debt and finance lease liabilities | 35,974 | 153,011 |
| Operating lease liabilities | 89,263 | 102,353 |
| Accrued expenses and other liabilities | 1,453,161 | 1,814,248 |
| Total liabilities | 68,253,421 | 62,662,050 |
| COMMITMENTS AND CONTINGENCIES (Note 12) | ||
| STOCKHOLDERS’ EQUITY | ||
| Common stock, $0.001 par value, 200,000,000 shares authorized; 169,925,379 and 169,372,230 shares issued | 170 | 169 |
| Additional paid-in capital | 2,030,712 | 1,980,818 |
| Retained earnings | 7,311,542 | 6,465,230 |
| Treasury stock, at cost 31,488,080 and 29,344,863 shares | (1,034,110) | (874,787) |
| Accumulated other comprehensive loss (“AOCI”), net of tax | (585,260) | (620,596) |
| Total stockholders’ equity | 7,723,054 | 6,950,834 |
| TOTAL | $75,976,475 | $69,612,884 |
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