Attached files
file | filename |
---|---|
EX-31.2 - EX-31.2 - HOME BANCSHARES INC | d176039dex312.htm |
EX-32.2 - EX-32.2 - HOME BANCSHARES INC | d176039dex322.htm |
10-Q - FORM 10-Q - HOME BANCSHARES INC | d176039d10q.htm |
EX-32.1 - EX-32.1 - HOME BANCSHARES INC | d176039dex321.htm |
EX-31.1 - EX-31.1 - HOME BANCSHARES INC | d176039dex311.htm |
EX-15 - EX-15 - HOME BANCSHARES INC | d176039dex15.htm |
Exhibit 12.1
Home BancShares, Inc.
Computation of Ratios of Earnings to Fixed Charges
Three Months Ended | Nine Months Ended | |||||||||||||||||||||||||||||||||||
September 30, | September 30, | Year Ended December 31, | ||||||||||||||||||||||||||||||||||
Exhibit |
2016 | 2015 | 2016 | 2015 | 2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||||||||||||||
(Dollars in thousands) | ||||||||||||||||||||||||||||||||||||
Fixed Charges and Preferred Dividends | ||||||||||||||||||||||||||||||||||||
Interest expense |
$ | 7,321 | $ | 5,222 | $ | 21,234 | $ | 14,231 | $ | 20,370 | $ | 17,557 | $ | 14,013 | $ | 19,761 | $ | 28,391 | ||||||||||||||||||
Capital debt expense Trust Preferred |
401 | 340 | 1,164 | 1,003 | 1,354 | 1,313 | 518 | 1,774 | 2,160 | |||||||||||||||||||||||||||
Estimated interest in rent |
200 | 196 | 595 | 578 | 779 | 751 | 515 | 435 | 426 | |||||||||||||||||||||||||||
Preferred dividends (E) |
| | | | | | | | 1,285 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
Combined fixed charges and preferred dividends (B) |
7,922 | 5,758 | 22,993 | 15,812 | 22,503 | 19,621 | 15,046 | 21,970 | 32,262 | |||||||||||||||||||||||||||
Less: interest on deposits |
4,040 | 3,045 | 11,528 | 9,614 | 12,971 | 12,796 | 9,744 | 14,989 | 22,968 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
Combined fixed charges and preferred dvidends excluding interest on deposits (D) |
$ | 3,882 | $ | 2,713 | $ | 11,465 | $ | 6,198 | $ | 9,532 | $ | 6,825 | $ | 5,302 | $ | 6,981 | $ | 9,294 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
Earnings | ||||||||||||||||||||||||||||||||||||
Pre-tax income from continuing operations |
$ | 69,105 | $ | 55,937 | $ | 204,808 | $ | 159,023 | $ | 218,491 | $ | 177,173 | $ | 104,473 | $ | 98,451 | $ | 84,342 | ||||||||||||||||||
Fixed charges and preferred dividends |
7,922 | 5,758 | 22,993 | 15,812 | 22,503 | 19,621 | 15,046 | 21,970 | 32,262 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
Total earnings (A) |
77,027 | 61,695 | 227,801 | 174,835 | 240,994 | 196,794 | 119,519 | 120,421 | 116,604 | |||||||||||||||||||||||||||
Less: interest on deposits |
4,040 | 3,045 | 11,528 | 9,614 | 12,971 | 12,796 | 9,744 | 14,989 | 22,968 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
Total earnings excluding interest on deposits (C) |
$ | 72,987 | $ | 58,650 | $ | 216,273 | $ | 165,221 | $ | 228,023 | $ | 183,998 | $ | 109,775 | $ | 105,432 | $ | 93,636 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
Ratio of earnings to fixed charges |
||||||||||||||||||||||||||||||||||||
Ratio, including interest on deposits (A/(B-E)) |
9.72 | x | 10.71 | x | 9.91 | x | 11.06 | x | 10.71 | x | 10.03 | x | 7.94 | x | 5.48 | x | 3.76 | x | ||||||||||||||||||
Ratio, excluding interest on deposits (C/(D-E)) |
18.80 | x | 21.62 | x | 18.86 | x | 26.66 | x | 23.92 | x | 26.96 | x | 20.70 | x | 15.10 | x | 11.69 | x | ||||||||||||||||||
Ratio of earnings to fixed charges & preferred dividends |
||||||||||||||||||||||||||||||||||||
Ratio, including interest on deposits (A/B) |
9.72 | x | 10.71 | x | 9.91 | x | 11.06 | x | 10.71 | x | 10.03 | x | 7.94 | x | 5.48 | x | 3.61 | x | ||||||||||||||||||
Ratio, excluding interest on deposits (C/D) |
18.80 | x | 21.62 | x | 18.86 | x | 26.66 | x | 23.92 | x | 26.96 | x | 20.70 | x | 15.10 | x | 10.07 | x |