ConnectOne Bancorp, Inc. - FORM 10-K - EX-12.1 - STATEMENT OF RATIOS OF EARNINGS TO FIXED CHARGES - March 4, 2016

Attached files

file	filename
EX-31.2 - PERSONAL CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 - ConnectOne Bancorp, Inc.	exhibit31-2.htm
EX-32 - PERSONAL CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER - ConnectOne Bancorp, Inc.	exhibit32.htm
EX-23.1 - CONSENT OF CROWE HORWATH LLP - ConnectOne Bancorp, Inc.	exhibit23-1.htm
EX-21.1 - SUBSIDIARIES OF THE REGISTRANT - ConnectOne Bancorp, Inc.	exhibit21-1.htm
EX-23.2 - CONSENT OF BDO, USA LLP - ConnectOne Bancorp, Inc.	exhibit23-2.htm
10-K - ANNUAL REPORT - ConnectOne Bancorp, Inc.	connectone_10k.htm
EX-31.1 - PERSONAL CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 - ConnectOne Bancorp, Inc.	exhibit31-1.htm

Exhibit 12.1

Statement of Ratios of Earnings to Fixed Charges

		Year ended December 31,
		2015			2014			2013			2012			2011
		(Dollars in Thousands)
Earnings:
1. Income before income taxes		$	41,311		$	27,410		$	27,409		$	25,184		$	21,337
2. Plus: interest expense			23,814			14,808			11,082			11,776			12,177
3. Earnings including interest on deposits			65,125			42,218			38,491			36,960			33,514
4. Less: interest on deposits			13,756			8,260			5,219			5,408			5,520
5. Earnings excluding interest on deposits		$	51,369		$	33,958		$	33,272		$	31,552		$	27,994
Fixed Charges:
6. Interest expense (Line 2)		$	23,814		$	14,808		$	11,082		$	11,776		$	12,177
7. Less: interest expense on deposits (Line 4)			13,756			8,260			5,219			5,408			5,520
8. Excluding interest on deposits		$	10,058		$	6,548		$	5,863		$	6,368		$	6,657
Ratio of Earnings to Fixed Charges:
Including interest on deposits (line 3 divided by Line 6)			2.73			2.85			3.47			3.14			2.75
Excluding interest on deposits (line 5 divided by Line 8)			5.11			5.19			5.67			4.95			4.21