Attached files
file | filename |
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10-Q - FORM 10-Q - HOME BANCSHARES INC | d82809e10vq.htm |
EX-15 - EX-15 - HOME BANCSHARES INC | d82809exv15.htm |
EX-32.2 - EX-32.2 - HOME BANCSHARES INC | d82809exv32w2.htm |
EX-32.1 - EX-32.1 - HOME BANCSHARES INC | d82809exv32w1.htm |
EX-31.1 - EX-31.1 - HOME BANCSHARES INC | d82809exv31w1.htm |
EX-31.2 - EX-31.2 - HOME BANCSHARES INC | d82809exv31w2.htm |
EXCEL - IDEA: XBRL DOCUMENT - HOME BANCSHARES INC | Financial_Report.xls |
Exhibit 12.1
Home BancShares, Inc.
Computation of Ratios of Earnings to Fixed Charges
Computation of Ratios of Earnings to Fixed Charges
Three Months Ended | Six Months Ended | |||||||||||||||||||||||||||||||||||
June 30, | June 30, | Year Ended December 31, | ||||||||||||||||||||||||||||||||||
Exhibit | 2011 | 2010 | 2011 | 2010 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||||||||||
(In thousands, except ratios) | ||||||||||||||||||||||||||||||||||||
Fixed Charges and Preferred Dividends |
||||||||||||||||||||||||||||||||||||
Interest expense |
7,338 | 8,072 | 16,109 | 15,638 | 32,373 | 37,391 | 56,552 | 70,776 | 57,949 | |||||||||||||||||||||||||||
Capital debt expense Trust Preferred |
543 | 600 | 1,081 | 1,197 | 2,335 | 2,552 | 3,114 | 3,002 | 2,991 | |||||||||||||||||||||||||||
Estimated interest in rent |
109 | 89 | 221 | 173 | 395 | 318 | 332 | 284 | 261 | |||||||||||||||||||||||||||
Preferred dividends (E) |
625 | 625 | 1,250 | 1,250 | 2,500 | 2,395 | | | 359 | |||||||||||||||||||||||||||
Combined fixed charges and preferred dividends ( B ) |
8,615 | 9,386 | 18,661 | 18,258 | 37,603 | 42,656 | 59,998 | 74,062 | 61,560 | |||||||||||||||||||||||||||
Less: interest on deposits |
5,986 | 5,872 | 12,246 | 11,167 | 24,302 | 27,442 | 45,593 | 56,232 | 46,213 | |||||||||||||||||||||||||||
Combined
fixed charges and preferred dividends |
||||||||||||||||||||||||||||||||||||
excluding interest on deposits ( D ) |
2,629 | 3,514 | 6,415 | 7,091 | 13,301 | 15,214 | 14,405 | 17,830 | 15,347 | |||||||||||||||||||||||||||
Earnings |
||||||||||||||||||||||||||||||||||||
Pre-tax income from continuing operations |
20,970 | 13,465 | 40,426 | 33,354 | 23,612 | 38,936 | 12,036 | 28,964 | 23,165 | |||||||||||||||||||||||||||
Fixed charges and preferred dividends |
8,615 | 9,386 | 18,661 | 18,258 | 37,603 | 42,656 | 59,998 | 74,062 | 61,560 | |||||||||||||||||||||||||||
Total earnings ( A ) |
29,585 | 22,851 | 59,087 | 51,612 | 61,215 | 81,592 | 72,034 | 103,026 | 84,725 | |||||||||||||||||||||||||||
Less: interest on deposits |
5,986 | 5,872 | 12,246 | 11,167 | 24,302 | 27,442 | 45,593 | 56,232 | 46,213 | |||||||||||||||||||||||||||
Total earnings excluding interest on deposits ( C ) |
23,599 | 16,979 | 46,841 | 40,445 | 36,913 | 54,150 | 26,441 | 46,794 | 38,512 | |||||||||||||||||||||||||||
Ratio of earnings to fixed charges |
||||||||||||||||||||||||||||||||||||
Ratio, including interest on deposits (A/(B-E)) |
3.70 | 2.61 | 3.39 | 3.03 | 1.74 | 2.03 | 1.20 | 1.39 | 1.38 | |||||||||||||||||||||||||||
Ratio, excluding interest on deposits (C/(D-E)) |
11.77 | 5.88 | 9.07 | 6.92 | 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) |
3.43 | 2.43 | 3.17 | 2.83 | 1.63 | 1.91 | 1.20 | 1.39 | 1.38 | |||||||||||||||||||||||||||
Ratio, excluding interest on deposits (C/D) |
8.98 | 4.83 | 7.30 | 5.70 | 2.78 | 3.56 | 1.84 | 2.62 | 2.51 |