Attached files
| file | filename |
|---|---|
| EX-23 - EX-23 - HORIZON BANCORP INC /IN/ | d837442dex23.htm |
| EX-21 - EX-21 - HORIZON BANCORP INC /IN/ | d837442dex21.htm |
| EX-32.2 - EX-32.2 - HORIZON BANCORP INC /IN/ | d837442dex322.htm |
| EX-31.1 - EX-31.1 - HORIZON BANCORP INC /IN/ | d837442dex311.htm |
| EX-31.2 - EX-31.2 - HORIZON BANCORP INC /IN/ | d837442dex312.htm |
| EX-32.1 - EX-32.1 - HORIZON BANCORP INC /IN/ | d837442dex321.htm |
| EX-10.9 - EX-10.9 - HORIZON BANCORP INC /IN/ | d837442dex109.htm |
| EXCEL - IDEA: XBRL DOCUMENT - HORIZON BANCORP INC /IN/ | Financial_Report.xls |
| 10-K - 10-K - HORIZON BANCORP INC /IN/ | d837442d10k.htm |
EXHIBIT 12
RATIOS OF EARNINGS TO FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
The consolidated ratios of fixed charges and preferred stock dividends to earnings for each of the five years indicated below are as follows:
| Year Ended December 31, | ||||||||||||||||||||
| 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||
| Earnings: |
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| Income before income taxes |
$ | 24,256 | $ | 26,924 | $ | 27,989 | $ | 16,983 | $ | 13,397 | ||||||||||
| Plus interest expense |
13,222 | 13,503 | 14,322 | 16,501 | 20,875 | |||||||||||||||
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| Earnings including interest on deposits |
37,478 | 40,427 | 42,311 | 33,484 | 34,272 | |||||||||||||||
| Less interest on deposits |
5,257 | 5,672 | 6,206 | 8,346 | 10,711 | |||||||||||||||
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| Earnings excluding interest on deposits |
$ | 32,221 | $ | 34,755 | $ | 36,105 | $ | 25,138 | $ | 23,561 | ||||||||||
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| Fixed charges and preferred stock dividend requirements (pre-tax): |
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| Including interest on deposits and capitalized interest |
$ | 13,222 | $ | 13,503 | $ | 14,322 | $ | 16,501 | $ | 22,677 | ||||||||||
| Less interest on deposits |
5,257 | 5,672 | 6,206 | 8,346 | 10,711 | |||||||||||||||
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| Excluding interest on deposits |
$ | 7,965 | $ | 7,831 | $ | 8,116 | $ | 8,155 | $ | 11,966 | ||||||||||
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| Ratio of earnings to fixed charges and preferred stock dividend requirements (pre-tax): |
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| Including interest on deposits |
2.83 | 2.99 | 2.95 | 2.03 | 1.51 | |||||||||||||||
| Excluding interest on deposits |
4.05 | 4.44 | 4.45 | 3.08 | 1.97 | |||||||||||||||