Attached files
file | filename |
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10-K - FORM 10-K - HOME BANCSHARES INC | d80073e10vk.htm |
EX-31.2 - EX-31.2 - HOME BANCSHARES INC | d80073exv31w2.htm |
EX-32.2 - EX-32.2 - HOME BANCSHARES INC | d80073exv32w2.htm |
EX-99.1 - EX-99.1 - HOME BANCSHARES INC | d80073exv99w1.htm |
EX-99.2 - EX-99.2 - HOME BANCSHARES INC | d80073exv99w2.htm |
EX-31.1 - EX-31.1 - HOME BANCSHARES INC | d80073exv31w1.htm |
EX-32.1 - EX-32.1 - HOME BANCSHARES INC | d80073exv32w1.htm |
EX-23.1 - EX-23.1 - HOME BANCSHARES INC | d80073exv23w1.htm |
Exhibit 12.1
Home BancShares, Inc.
Computation of Ratios of Earnings to Fixed Charges
Computation of Ratios of Earnings to Fixed Charges
Year Ended December 31, | ||||||||||||||||||||
Exhibit | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
(In thousands, except ratios) | ||||||||||||||||||||
Fixed Charges and Preferred Dividends |
||||||||||||||||||||
Interest expense |
32,373 | 37,391 | 56,552 | 70,776 | 57,949 | |||||||||||||||
Capital debt expense Trust Preferred |
2,335 | 2,552 | 3,114 | 3,002 | 2,991 | |||||||||||||||
Estimated interest in rent |
395 | 318 | 332 | 284 | 261 | |||||||||||||||
Preferred dividends (E) |
2,500 | 2,395 | | | 359 | |||||||||||||||
Combined fixed charges and preferred dividends (B) |
37,603 | 42,656 | 59,998 | 74,062 | 61,560 | |||||||||||||||
Less: interest on deposits |
24,302 | 27,442 | 45,593 | 56,232 | 46,213 | |||||||||||||||
Combined fixed charges and preferred dvidends
excluding interest on deposits (D) |
13,301 | 15,214 | 14,405 | 17,830 | 15,347 | |||||||||||||||
Earnings |
||||||||||||||||||||
Pre-tax income from continuing operations |
23,612 | 38,936 | 12,036 | 28,964 | 23,165 | |||||||||||||||
Fixed charges and preferred dividends |
37,603 | 42,656 | 59,998 | 74,062 | 61,560 | |||||||||||||||
Total earnings (A) |
61,215 | 81,592 | 72,034 | 103,026 | 84,725 | |||||||||||||||
Less: interest on deposits |
24,302 | 27,442 | 45,593 | 56,232 | 46,213 | |||||||||||||||
Total earnings excluding interest on deposits (C) |
36,913 | 54,150 | 26,441 | 46,794 | 38,512 | |||||||||||||||
Ratio of earnings to fixed charges |
||||||||||||||||||||
Ratio, including interest on deposits (A/(B-E)) |
1.74 | 2.03 | 1.20 | 1.39 | 1.38 | |||||||||||||||
Ratio, excluding interest on deposits (C/(D-E)) |
3.42 | 4.22 | 1.84 | 2.62 | 2.57 | |||||||||||||||
Ratio of earnings to fixed charges & preferred
dividends |
||||||||||||||||||||
Ratio, including interest on deposits (A/B) |
1.63 | 1.91 | 1.20 | 1.39 | 1.38 | |||||||||||||||
Ratio, excluding interest on deposits (C/D) |
2.78 | 3.56 | 1.84 | 2.62 | 2.51 |