Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - HOME BANCSHARES INC | Financial_Report.xls |
| EX-15 - EX-15 - HOME BANCSHARES INC | d732204dex15.htm |
| EX-31.2 - EX-31.2 - HOME BANCSHARES INC | d732204dex312.htm |
| EX-31.1 - EX-31.1 - HOME BANCSHARES INC | d732204dex311.htm |
| EX-32.1 - EX-32.1 - HOME BANCSHARES INC | d732204dex321.htm |
| EX-32.2 - EX-32.2 - HOME BANCSHARES INC | d732204dex322.htm |
| 10-Q - FORM 10-Q - HOME BANCSHARES INC | d732204d10q.htm |
Exhibit 12.1
Home BancShares, Inc.
Computation of Ratios of Earnings to Fixed Charges
| Three Months Ended June 30, |
Six Months Ended June 30, |
Year Ended December 31, | ||||||||||||||||||||||||||||||||||
| Exhibit |
2014 | 2013 | 2014 | 2013 | 2013 | 2012 | 2011 | 2010 | 2009 | |||||||||||||||||||||||||||
| (Dollars in thousands) | ||||||||||||||||||||||||||||||||||||
| Fixed Charges and Preferred Dividends | ||||||||||||||||||||||||||||||||||||
| Interest expense |
$ | 4,215 | $ | 3,227 | $ | 8,727 | $ | 6,796 | $ | 14,013 | $ | 19,761 | $ | 28,391 | $ | 32,373 | $ | 37,391 | ||||||||||||||||||
| Capital debt expense Trust Preferred |
328 | 17 | 656 | 247 | 518 | 1,774 | 2,160 | 2,335 | 2,552 | |||||||||||||||||||||||||||
| Estimated interest in rent |
188 | 117 | 374 | 225 | 515 | 435 | 426 | 395 | 318 | |||||||||||||||||||||||||||
| Preferred dividends (E) |
— | — | — | — | — | — | 1,285 | 2,500 | 2,395 | |||||||||||||||||||||||||||
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| Combined fixed charges and preferred dividends (B) |
4,731 | 3,361 | 9,757 | 7,268 | 15,046 | 21,970 | 32,262 | 37,603 | 42,656 | |||||||||||||||||||||||||||
| Less: interest on deposits |
3,095 | 2,129 | 6,479 | 4,614 | 9,744 | 14,989 | 22,968 | 24,302 | 27,442 | |||||||||||||||||||||||||||
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| Combined fixed charges and preferred dvidends excluding interest on deposits (D) |
$ | 1,636 | $ | 1,232 | $ | 3,278 | $ | 2,654 | $ | 5,302 | $ | 6,981 | $ | 9,294 | $ | 13,301 | $ | 15,214 | ||||||||||||||||||
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| Earnings | ||||||||||||||||||||||||||||||||||||
| Pre-tax income from continuing operations |
$ | 44,847 | $ | 27,941 | $ | 87,733 | $ | 55,452 | $ | 104,473 | $ | 98,451 | $ | 84,342 | $ | 23,612 | $ | 38,936 | ||||||||||||||||||
| Fixed charges and preferred dividends |
4,731 | 3,361 | 9,757 | 7,268 | 15,046 | 21,970 | 32,262 | 37,603 | 42,656 | |||||||||||||||||||||||||||
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| Total earnings (A) |
49,578 | 31,302 | 97,490 | 62,720 | 119,519 | 120,421 | 116,604 | 61,215 | 81,592 | |||||||||||||||||||||||||||
| Less: interest on deposits |
3,095 | 2,129 | 6,479 | 4,614 | 9,744 | 14,989 | 22,968 | 24,302 | 27,442 | |||||||||||||||||||||||||||
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| Total earnings excluding interest on deposits (C) |
$ | 46,483 | $ | 29,173 | $ | 91,011 | $ | 58,106 | $ | 109,775 | $ | 105,432 | $ | 93,636 | $ | 36,913 | $ | 54,150 | ||||||||||||||||||
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| Ratio of earnings to fixed charges |
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| Ratio, including interest on deposits (A/(B-E)) |
10.48 | % | 9.31 | % | 9.99 | % | 8.63 | % | 7.94 | % | 5.48 | % | 3.76 | % | 1.74 | % | 2.03 | % | ||||||||||||||||||
| Ratio, excluding interest on deposits (C/(D-E)) |
28.42 | 23.68 | 27.76 | 21.89 | 20.70 | 15.10 | 11.69 | 3.42 | 4.22 | |||||||||||||||||||||||||||
| Ratio of earnings to fixed charges & preferred dividends |
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| Ratio, including interest on deposits (A/B) |
10.48 | % | 9.31 | % | 9.99 | % | 8.63 | % | 7.94 | % | 5.48 | % | 3.61 | % | 1.63 | % | 1.91 | % | ||||||||||||||||||
| Ratio, excluding interest on deposits (C/D) |
28.42 | 23.68 | 27.76 | 21.89 | 20.70 | 15.10 | 10.07 | 2.78 | 3.56 | |||||||||||||||||||||||||||