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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. 5 )*
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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)
*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 4 pages
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CUSIP No. 149150104 13G Page 2 of 4 Pages
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(1) Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
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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Number of Shares (5) Sole Voting Power
Beneficially
Owned by ---------------------------------------------------------
Each Reporting (6) Shared Voting Power
Person With: 561,785.97 shares
Participants have the right to vote 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
561,785.97
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(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares*
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(11) Percent of Class Represented by Amount in Row (9)
6.25%
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(12) Type of Reporting Person*
EP
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*SEE INSTRUCTION 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),
OR (c), 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: 561,785.97
(b) Percent of Class: 6.25%
(c) Number of shares as to which
such person has shared power
to vote or to direct the vote: 561,785.97
Item 5. OWNERSHIP OF FIVE PER CENT OR LESS OF A CLASS:
Not applicable
Page 3 of 4
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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, 1999 CATHAY BANK EMPLOYEE STOCK OWNERSHIP PLAN
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By: Dunson Cheng
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Dunson Cheng, Trustee
By: Anthony M. Tang
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Anthony M. Tang, Trustee
Page 4 of 4
