Attached files
| file | filename |
|---|---|
| EX-32.2 - EX-32.2 - HOME BANCSHARES INC | d323516dex322.htm |
| EX-32.1 - EX-32.1 - HOME BANCSHARES INC | d323516dex321.htm |
| EX-31.2 - EX-31.2 - HOME BANCSHARES INC | d323516dex312.htm |
| EX-31.1 - EX-31.1 - HOME BANCSHARES INC | d323516dex311.htm |
| 10-Q - FORM 10-Q - HOME BANCSHARES INC | d323516d10q.htm |
| EX-15 - EX-15 - HOME BANCSHARES INC | d323516dex15.htm |
Exhibit 12.1
Home BancShares, Inc.
Computation of Ratios of Earnings to Fixed Charges
| Three Months Ended March 31, |
Year Ended December 31, | |||||||||||||||||||||||||||
| Exhibit |
2016 | 2015 | 2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||||||||
| (Dollars in thousands) | ||||||||||||||||||||||||||||
| Fixed Charges and Preferred Dividends | ||||||||||||||||||||||||||||
| Interest expense |
$ | 6,850 | $ | 4,481 | $ | 20,370 | $ | 17,557 | $ | 14,013 | $ | 19,761 | $ | 28,391 | ||||||||||||||
| Capital debt expense Trust Preferred |
377 | 329 | 1,354 | 1,313 | 518 | 1,774 | 2,160 | |||||||||||||||||||||
| Estimated interest in rent |
200 | 181 | 779 | 751 | 515 | 435 | 426 | |||||||||||||||||||||
| Preferred dividends (E) |
— | — | — | — | — | — | 1,285 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
| Combined fixed charges and preferred dividends (B) |
7,427 | 4,991 | 22,503 | 19,621 | 15,046 | 21,970 | 32,262 | |||||||||||||||||||||
| Less: interest on deposits |
3,634 | 3,258 | 12,971 | 12,796 | 9,744 | 14,989 | 22,968 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
| Combined fixed charges and preferred dividends excluding interest on deposits (D) |
$ | 3,793 | $ | 1,733 | $ | 9,532 | $ | 6,825 | $ | 5,302 | $ | 6,981 | $ | 9,294 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
| Earnings | ||||||||||||||||||||||||||||
| Pre-tax income from continuing operations |
$ | 66,169 | $ | 49,241 | $ | 218,491 | $ | 177,173 | $ | 104,473 | $ | 98,451 | $ | 84,342 | ||||||||||||||
| Fixed charges and preferred dividends |
7,427 | 4,991 | 22,503 | 19,621 | 15,046 | 21,970 | 32,262 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
| Total earnings (A) |
73,596 | 54,232 | 240,994 | 196,794 | 119,519 | 120,421 | 116,604 | |||||||||||||||||||||
| Less: interest on deposits |
3,634 | 3,258 | 12,971 | 12,796 | 9,744 | 14,989 | 22,968 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
| Total earnings excluding interest on deposits (C) |
$ | 69,962 | $ | 50,974 | $ | 228,023 | $ | 183,998 | $ | 109,775 | $ | 105,432 | $ | 93,636 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
| Ratio of earnings to fixed charges |
||||||||||||||||||||||||||||
| Ratio, including interest on deposits (A/(B-E)) |
9.91 | % | 10.87 | % | 10.71 | % | 10.03 | % | 7.94 | % | 5.48 | % | 3.76 | % | ||||||||||||||
| Ratio, excluding interest on deposits (C/(D-E)) |
18.44 | 29.41 | 23.92 | 26.96 | 20.70 | 15.10 | 11.69 | |||||||||||||||||||||
| Ratio of earnings to fixed charges & preferred dividends |
||||||||||||||||||||||||||||
| Ratio, including interest on deposits (A/B) |
9.91 | % | 10.87 | % | 10.71 | % | 10.03 | % | 7.94 | % | 5.48 | % | 3.61 | % | ||||||||||||||
| Ratio, excluding interest on deposits (C/D) |
18.44 | 29.41 | 23.92 | 26.96 | 20.70 | 15.10 | 10.07 | |||||||||||||||||||||