Attached files
Exhibit 12.1
CATHAY GENERAL BANCORP AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges and Preferred Stock Dividends
For the Years Ended December 31, | ||||||||||||||||
(Dollars in thousands, except ratios) |
2009 | 2008 | 2007 | 2006 | 2005 | |||||||||||
(Loss)/income before income tax expense |
$ | (129,302 | ) | $ | 70,075 | $ | 196,660 | $ | 184,829 | $ | 166,481 | |||||
Plus fixed charges |
247,540 | 299,477 | 309,114 | 214,664 | 112,432 | |||||||||||
Earnings |
118,238 | 369,552 | 505,774 | 399,493 | 278,913 | |||||||||||
Fixed charges |
247,540 | 299,477 | 309,114 | 214,664 | 112,432 | |||||||||||
Preferred stock dividends |
16,948 | 1,750 | 610 | 610 | 611 | |||||||||||
Fixed charges and preferred stock dividends |
$ | 264,488 | $ | 301,227 | $ | 309,724 | $ | 215,274 | $ | 113,043 | ||||||
Ratio of earnings to fixed charges |
0.48 | 1.23 | 1.64 | 1.86 | 2.48 | |||||||||||
Ratio of earnings to fixed charges and preferred stock dividends |
0.45 | 1.23 | 1.63 | 1.86 | 2.47 | |||||||||||