CATHAY GENERAL BANCORP - FORM 10-K - EX-12.1 - COMPUTATION OF RATIO OF EARNINGS - February 25, 2011

Attached files

file filename
10-K - FORM 10-K - CATHAY GENERAL BANCORPd10k.htm
EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 906 - CATHAY GENERAL BANCORPdex321.htm
EX-99.2 - CERTIFICATION FOR YEARS FOLLOWING FIRST FISCAL YEAR OF STABILIZATION ACT - CATHAY GENERAL BANCORPdex992.htm
EX-99.1 - CERTIFICATION FOR YEARS FOLLOWING FIRST FISCAL YEAR OF STABILIZATION ACT - CATHAY GENERAL BANCORPdex991.htm
EX-21.1 - SUBSIDIARIES OF THE BANCORP - CATHAY GENERAL BANCORPdex211.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 - CATHAY GENERAL BANCORPdex312.htm
EX-10.2 - EMPLOYEE STOCK OWNERSHIP PLAN - CATHAY GENERAL BANCORPdex102.htm
EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - CATHAY GENERAL BANCORPdex231.htm
EX-24.1 - POWER OF ATTORNEY - CATHAY GENERAL BANCORPdex241.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 - CATHAY GENERAL BANCORPdex311.htm
EX-10.7.2 - FORM OF 2005 INCENTIVE PLAN STOCK OPTION AGREEMENT (NONSTATUTORY) - CATHAY GENERAL BANCORPdex1072.htm
EX-10.7.3 - FORM OF 2005 INCENTIVE PLAN STOCK OPTION AGREEMENT (NONSTATUTORY) - CATHAY GENERAL BANCORPdex1073.htm
EX-32.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 906 - CATHAY GENERAL BANCORPdex322.htm

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)

    2010     2009     2008      2007      2006  

Income before income tax expense (1)

    $ (3,064 )    $ (129,302 )    $ 70,075       $ 196,660       $ 184,829   

Plus fixed charges

      194,102        247,540        299,477         309,114         214,664   
                                          

Earnings

      191,038        118,238        369,552         505,774         399,493   

Fixed charges (2)

      194,102        247,540        299,477         309,114         214,664   

Preferred stock dividends

      16,998        16,948        1,750         610         610   
                                          

Fixed charges and preferred stock dividends

    $ 211,100      $ 264,488      $ 301,227       $ 309,724       $ 215,274   

Ratio of earnings to fixed charges

      0.98        0.48        1.23         1.64         1.86   

Ratio of earnings to fixed charges and preferred stock dividends

      0.90        0.45        1.23         1.63         1.86   
                                          

 

(1) Prior period amounts have been reclassified to conform to current period presentation.
(2) Includes interest expense on uncertain tax positions.

Stock widget

Investing forum

CATHAY GENERAL BANCORP Reports