HOPE BANCORP INC - FORM 10-K - EX-12.1 - COMPUTATION OF RATIO OF EARNINGS - March 15, 2010

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EX-21.1 - LIST OF SUBSIDIARIES - HOPE BANCORP INCdex211.htm
EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 906 - HOPE BANCORP INCdex321.htm
EX-99.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO INTERIM FINAL RULE - HOPE BANCORP INCdex992.htm
EX-99.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO INTERIM FINAL RULE - HOPE BANCORP INCdex991.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 - HOPE BANCORP INCdex312.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 - HOPE BANCORP INCdex311.htm
EX-23.1 - CONSENT OF CROWE HORWATH LLP - HOPE BANCORP INCdex231.htm
EX-10.11 - EMPLOYMENT AGREEMENT - HOPE BANCORP INCdex1011.htm
10-K - FORM 10-K - HOPE BANCORP INCd10k.htm
EX-32.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 906 - HOPE BANCORP INCdex322.htm

Exhibit 12.1

Nara Bancorp, Inc.

Computation of Ratio of Earnings to Fixed Charges and Preferred Stock Dividends

 

     For the Year ended December 31,
(Dollars in thousands)    2009     2008    2007    2006    2005

Earnings excluding interest on deposits(1):

              

Earnings (losses) before income tax provision (benefit)

    $ (11,922 )    $ 4,380    $ 55,798    $ 56,203    $ 45,668

Fixed charges

      17,210        18,709      12,666      7,494      6,645
                                   
   $ 5,288      $ 23,089    $ 68,464    $ 63,697    $ 52,313
                                   

Preferred dividends and discount accretion(2):

    $ 7,904      $ 693    $ —      $ —      $ —  

Fixed charges(1):

              

Interest on borrowings

    $ 13,041      $ 13,932    $ 6,988    $ 2,311    $ 2,090

Interest on long-term debt, including amortization of debt issuance costs

      2,055        2,845      3,750      3,389      2,901

Portion of long-term lease expense representative of the interest factor(3)

      2,114        1,932      1,928      1,794      1,654
                                   
   $ 17,210      $ 18,709    $ 12,666    $ 7,494    $ 6,645
                                   

Ratio of earnings (losses) to fixed charges

      0.31        1.23      5.41      8.50      7.87
                                   

Ratio of earnings (losses) to fixed charges and preferred dividends and discount accretion

      0.21        1.19      5.41      8.50      7.87
                                   

Earnings including interest on deposits(1):

              

Earnings (losses) before income tax provision (benefit)

    $ (11,922 )    $ 4,380    $ 55,798    $ 56,203    $ 45,668

Fixed charges

      67,846        72,789      80,913      63,051      39,343
                                   
   $ 55,924      $ 77,169    $ 136,711    $ 119,254    $ 85,011
                                   

Preferred dividends and discount accretion(2):

    $ 7,904      $ 693    $ —    $ —    $ —

Fixed charges(1):

              

Interest on borrowings and deposits

    $ 63,677      $ 68,012    $ 75,235    $ 57,868    $ 34,788

Interest on long-term debt, including amortization of debt issuance costs

      2,055        2,845      3,750      3,389      2,901

Portion of long-term lease expense representative of the interest factor(3)

      2,114        1,932      1,928      1,794      1,654
                                   
   $ 67,846      $ 72,789    $ 80,913    $ 63,051    $ 39,343
                                   

Ratio of earnings (losses) to fixed charges

      0.82        1.06      1.69      1.89      2.16
                                   

Ratio of earnings (losses) to fixed charges and preferred dividends and discount accretion

      0.74        1.05      1.69      1.89      2.16
                                   

 

(1) As defined in Item 503(d) of Regulation S-K
(2) Increased to amounts representing the pretax earnings (losses) that would be required to cover such dividend requirements.
(3) The interest factor is estimated to be one-third of long-term lease expense.

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