Attached files
| file | filename |
|---|---|
| EX-32.1 - EXHIBIT 32.1 - SIMMONS FIRST NATIONAL CORP | exh_321.htm |
| EX-31.2 - EXHIBIT 31.2 - SIMMONS FIRST NATIONAL CORP | exh_312.htm |
| EX-32.3 - EXHIBIT 32.3 - SIMMONS FIRST NATIONAL CORP | exh_323.htm |
| EX-31.1 - EXHIBIT 31.1 - SIMMONS FIRST NATIONAL CORP | exh_311.htm |
| EX-15.1 - EXHIBIT 15.1 - SIMMONS FIRST NATIONAL CORP | exh_151.htm |
| EX-32.2 - EXHIBIT 32.2 - SIMMONS FIRST NATIONAL CORP | exh_322.htm |
| EX-31.3 - EXHIBIT 31.3 - SIMMONS FIRST NATIONAL CORP | exh_313.htm |
| 10-Q - FORM 10-Q - SIMMONS FIRST NATIONAL CORP | gff10q_081015.htm |
Exhibit 12.1
Simmons First National Corporation
Computation of Consolidated Ratios of Earnings to Combined Fixed Charges and Preferred Dividend
| Six Months Ended | ||||||||||||||||||||||||||||
| June 30 | Year Ended December 31, | |||||||||||||||||||||||||||
| 2015 | 2014 | 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||||||||
| Fixed Charges: | ||||||||||||||||||||||||||||
| Interest on deposits | $ | 7,139 | $ | 4,505 | $ | 9,079 | $ | 8,399 | $ | 10,625 | $ | 14,925 | $ | 19,537 | ||||||||||||||
| Interest on borrowings | 3,117 | 2,399 | 4,892 | 3,864 | 4,992 | 5,471 | 7,469 | |||||||||||||||||||||
| Estimated interest on rental expense | 1,100 | 909 | 1,663 | 1,264 | 936 | 617 | 526 | |||||||||||||||||||||
| Fixed charges before preferred stock dividends | 11,356 | 7,813 | 15,634 | 13,527 | 16,553 | 21,013 | 27,532 | |||||||||||||||||||||
| Preferred stock dividends pre-tax income requirements | 169 | - | - | - | - | - | - | |||||||||||||||||||||
| Total combined fixed charges and preferred stock dividends, including interest on deposits (A) | 11,525 | 7,813 | 15,634 | 13,527 | 16,553 | 21,013 | 27,532 | |||||||||||||||||||||
| Less: Interest on deposits | 1,100 | 909 | 1,663 | 1,264 | 936 | 617 | 526 | |||||||||||||||||||||
| Total combined fixed charges and preferred stock dividends, excluding interest on deposits (B) | $ | 10,425 | $ | 6,904 | $ | 13,971 | $ | 12,263 | $ | 15,617 | $ | 20,396 | $ | 27,006 | ||||||||||||||
| Earnings: | ||||||||||||||||||||||||||||
| Pretax income from continuing operations | $ | 43,159 | $ | 19,657 | $ | 50,290 | $ | 32,536 | $ | 40,015 | $ | 35,799 | $ | 54,431 | ||||||||||||||
| Fixed charges including interest on deposits | 11,356 | 7,813 | 15,634 | 13,527 | 16,553 | 21,013 | 27,532 | |||||||||||||||||||||
| Earnings, including interest on deposits (C) | 54,515 | 27,470 | 65,924 | 46,063 | 56,568 | 56,812 | 81,963 | |||||||||||||||||||||
| Less: Interest on deposits | 169 | - | - | - | - | - | - | |||||||||||||||||||||
| Earnings, excluding interest on deposits (D) | $ | 54,345 | $ | 27,470 | $ | 65,924 | $ | 46,063 | $ | 56,568 | $ | 56,812 | $ | 81,963 | ||||||||||||||
| Ratio of earnings to combined fixed charges and preferred dividend: | ||||||||||||||||||||||||||||
| Including interest on deposits (C /A) | 4.73 | 3.52 | 4.22 | 3.41 | 3.42 | 2.70 | 2.98 | |||||||||||||||||||||
| Excluding interest on deposits (D / B) | 5.21 | 3.98 | 4.72 | 3.76 | 3.62 | 2.79 | 3.03 | |||||||||||||||||||||