secwatch.observer — SEC 8-K summary
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Issuer:     EAST WEST BANCORP INC (EWBC)
CIK:        0001069157
Form:       8-K
Filed at:   2023-03-13T23:59:59+00:00
Accession:  0001069157-23-000026
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

East West Bancorp reiterates capital strength; deposits $55.3B, no crypto exposure
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- Total deposits $55.3B as of March 10, 2023, down $0.7B from year-end due to planned brokered-deposit reduction.
- Tangible common equity ratio 8.7% vs. peer medians of 6.3% (money-center) and 6.7% (regional/smaller banks).
- CET1 ratio 12.7%, total capital ratio 14.0%; all capital ratios expanded QoQ in Q4 2022.
- Available unused borrowing capacity $28B, equal to over 50% of total deposits.
- Nonperforming assets 16 bps of total assets; no change in credit metrics since year-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069157/000106915723000026/0001069157-23-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069157/000106915723000026/ewbc-20230313.htm
  HTML page:      https://secwatch.observer/filing/0001069157-23-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer