Cathay General Bancorp on Tuesday priced and expanded a public offering of 13.07 common shares, and now expects up to $115 million in gross proceeds. It would be the bank’s second stock sale in four months.

The Los Angeles holding company for Cathay Bank priced the sale at $8.80 per share. The company has increased the size of the offering from the $100 million first announced Monday to $115 million in aggregate gross proceeds.

The Los Angeles holding company for Cathay Bank, which largely caters to the Chinese-American community, entered into a memorandum of understanding with the Federal Reserve Bank of San Francisco in December and agreed to take steps to maintain sufficient capital.

The company in mid-October completed an 8.75-million common share offering, which netted proceeds of $76 million.

Cathay said on Monday that it granted underwriters a 30-day option to purchase up to an additional $15 million in shares to cover any over-allotments. BofA Merrill Lynch will be sole book-runner for the offering. The closing is expected to occur on or about Feb. 5.

Shares closed up 22 cents, or 2 percent Tuesday on the Nasdaq.