Attached files
| file | filename |
|---|---|
| EX-32.2 - EX-32.2 - HOME BANCSHARES INC | d615965dex322.htm |
| EX-32.1 - EX-32.1 - HOME BANCSHARES INC | d615965dex321.htm |
| EX-31.2 - EX-31.2 - HOME BANCSHARES INC | d615965dex312.htm |
| EX-31.1 - EX-31.1 - HOME BANCSHARES INC | d615965dex311.htm |
| EX-15 - EX-15 - HOME BANCSHARES INC | d615965dex15.htm |
| 10-Q - FORM 10-Q - HOME BANCSHARES INC | d615965d10q.htm |
Exhibit 12.1
Home BancShares, Inc.
Computation of Ratios of Earnings to Fixed Charges
| Three Months Ended September 30, |
Nine Months Ended September 30, |
Year Ended December 31, | ||||||||||||||||||||||||||||||||||
| Exhibit |
2018 | 2017 | 2018 | 2017 | 2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||||||||||||||||
| (Dollars in thousands) | ||||||||||||||||||||||||||||||||||||
| Fixed Charges and Preferred Dividends |
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| Interest expense |
$ | 28,939 | $ | 12,175 | $ | 71,483 | $ | 32,131 | $ | 49,209 | $ | 28,986 | $ | 20,370 | $ | 17,557 | $ | 14,013 | ||||||||||||||||||
| Capital debt expense Trust Preferred |
5,202 | 4,969 | 15,374 | 10,203 | 15,137 | 1,593 | 1,354 | 1,313 | 518 | |||||||||||||||||||||||||||
| Estimated interest in rent |
244 | 237 | 770 | 648 | 918 | 784 | 779 | 751 | 515 | |||||||||||||||||||||||||||
| Preferred dividends (E) |
— | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||
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| Combined fixed charges and preferred dividends (B) |
34,385 | 17,381 | 87,627 | 42,982 | 65,264 | 31,363 | 22,503 | 19,621 | 15,046 | |||||||||||||||||||||||||||
| Less: interest on deposits |
21,412 | 8,535 | 54,382 | 20,831 | 33,777 | 15,926 | 12,971 | 12,796 | 9,744 | |||||||||||||||||||||||||||
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| Combined fixed charges and preferred dvidends excluding interest on deposits (D) |
$ | 12,973 | $ | 8,846 | $ | 33,245 | $ | 22,151 | $ | 31,487 | $ | 15,437 | $ | 9,532 | $ | 6,825 | $ | 5,302 | ||||||||||||||||||
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| Earnings | ||||||||||||||||||||||||||||||||||||
| Pre-tax income from continuing operations |
$ | 105,634 | $ | 22,357 | $ | 303,003 | $ | 174,966 | $ | 271,083 | $ | 282,646 | $ | 218,491 | $ | 177,173 | $ | 104,473 | ||||||||||||||||||
| Fixed charges and preferred dividends |
34,385 | 17,381 | 87,627 | 42,982 | 65,264 | 31,363 | 22,503 | 19,621 | 15,046 | |||||||||||||||||||||||||||
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| Total earnings (A) |
140,019 | 39,738 | 390,630 | 217,948 | 336,347 | 314,009 | 240,994 | 196,794 | 119,519 | |||||||||||||||||||||||||||
| Less: interest on deposits |
21,412 | 8,535 | 54,382 | 20,831 | 33,777 | 15,926 | 12,971 | 12,796 | 9,744 | |||||||||||||||||||||||||||
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| Total earnings excluding interest on deposits (C) |
$ | 118,607 | $ | 31,203 | $ | 336,248 | $ | 197,117 | $ | 302,570 | $ | 298,083 | $ | 228,023 | $ | 183,998 | $ | 109,775 | ||||||||||||||||||
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| Ratio of earnings to fixed charges |
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| Ratio, including interest on deposits (A/(B-E)) |
4.07 | x | 2.29 | x | 4.46 | x | 5.07 | x | 5.15 | x | 10.01 | x | 10.71 | x | 10.03 | x | 7.94 | x | ||||||||||||||||||
| Ratio, excluding interest on deposits (C/(D-E)) |
9.14 | x | 3.53 | x | 10.11 | x | 8.90 | x | 9.61 | x | 19.31 | x | 23.92 | x | 26.96 | x | 20.70 | x | ||||||||||||||||||
| Ratio of earnings to fixed charges & preferred dividends |
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| Ratio, including interest on deposits (A/B) |
4.07 | x | 2.29 | x | 4.46 | x | 5.07 | x | 5.15 | x | 10.01 | x | 10.71 | x | 10.03 | x | 7.94 | x | ||||||||||||||||||
| Ratio, excluding interest on deposits (C/D) |
9.14 | x | 3.53 | x | 10.11 | x | 8.90 | x | 9.61 | x | 19.31 | x | 23.92 | x | 26.96 | x | 20.70 | x | ||||||||||||||||||