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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)*
CATHAY BANCORP, INC.
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(Name of Issuer)
Common Stock, $0.01 par value
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(Title of Class of Securities)
149150104
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(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ].
(A fee is not required only if the filing person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the class
of securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
Page 1 of 8 pages
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CUSIP NO. 149150104 13G
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CATHAY BANK EMPLOYEE STOCK OWNERSHIP PLAN
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
LOS ANGELES, CALIFORNIA
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5 SOLE VOTING POWER
NUMBER OF
SHARES --------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 530,800 SHARES
EACH
REPORTING PARTICIPANTS HAVE THE RIGHT TO VOTE
PERSON WITH THE SHARES ALLOCATED TO THEIR ACCOUNTS;
UNVOTED OR UNALLOCATED SHARES WILL BE VOTED
BY THE TRUSTEES.
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7 SOLE DISPOSITIVE POWER
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8 SHARED DISPOSITIVE POWER
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
530,800 SHARES
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.98%
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12 TYPE OF REPORTING PERSON*
EP
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 4 pages
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Item 1. (a) NAME OF ISSUER:
Cathay Bancorp, Inc., a Delaware corporation
("Issuer")
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
777 North Broadway
Los Angeles, California 90012
Item 2. (a) NAME OF PERSON FILING:
Cathay Bank Employee Stock Ownership Plan .
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE,
RESIDENCE:
777 North Broadway, Los Angeles, CA 90012
(c) CITIZENSHIP:
Los Angeles, California
(d) TITLE OF CLASS OF SECURITIES:
Common Stock, $.01 par value, of Issuer (the "Common
Stock"), registered under Section 12 of the
Securities Exchange Act of 1934, as amended.
(e) CUSIP NUMBER:
149 150 104
Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B),
OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS:
Employee Benefit Plan, which is subject to the
provision of the Employee Retirement Security Act of
1974.
Item 4. OWNERSHIP:
(a) Amount Beneficially Owned: 530,800
(b) Percent of Class: 5.98%
(c) Number of shares as to
which such person has
shared power to vote or
to direct the vote: 530,800
Item 5. OWNERSHIP OF FIVE PER CENT OR LESS OF A CLASS:
Not applicable
Page 3 of 4 pages
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Item 6. OWNERSHIP OF MORE THAT FIVE PER CENT ON BEHALF OF
ANOTHER PERSON:
The holdings reported herein are for the benefit of
participants in the Cathay Bank Employee Ownership
Plan.
Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY
WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE
PARENT HOLDING COMPANY:
Not applicable
Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE
GROUP:
Not applicable
Item 9. NOTICE OF DISSOLUTION OF A GROUP:
Not applicable
Item 10. CERTIFICATION:
By signing below we certify that, to the best of our
knowledge and belief, the securities referred to
above were acquired in the ordinary course of
business and were not acquired for the purpose of and
do not have the effect of changing or influencing the
control of the issuer of such securities and were not
acquired in connection with or as a participant in
any transaction have such purposes or effect.
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.
Dated: February 10, 1997 CATHAY BANK EMPLOYEE STOCK OWNERSHIP PLAN
By: Dunson Cheng
_______________________________
Dunson Cheng, Trustee
By: George T.M. Ching
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George T.M. Ching, Trustee
Page 4 of 4 pages
