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10-K - 10-K - EAST WEST BANCORP INCa2196846z10-k.htm
EX-99.1 - EXHIBIT 99.1 - EAST WEST BANCORP INCa2196846zex-99_1.htm
EX-32.2 - EXHIBIT 32.2 - EAST WEST BANCORP INCa2196846zex-32_2.htm
EX-31.2 - EXHIBIT 31.2 - EAST WEST BANCORP INCa2196846zex-31_2.htm
EX-21.1 - EXHIBIT 21.1 - EAST WEST BANCORP INCa2196846zex-21_1.htm
EX-31.1 - EXHIBIT 31.1 - EAST WEST BANCORP INCa2196846zex-31_1.htm
EX-32.1 - EXHIBIT 32.1 - EAST WEST BANCORP INCa2196846zex-32_1.htm
EX-23.1 - EXHIBIT 23.1 - EAST WEST BANCORP INCa2196846zex-23_1.htm
EX-99.2 - EXHIBIT 99.2 - EAST WEST BANCORP INCa2196846zex-99_2.htm
EX-23.2 - EXHIBIT 23.2 - EAST WEST BANCORP INCa2196846zex-23_2.htm
EX-10.12 - EXHIBIT 10.12 - EAST WEST BANCORP INCa2196846zex-10_12.htm

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Exhibit 12.1

EAST WEST BANCORP, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 
  Year Ending December 31,  
 
  2009   2008   2007   2006   2005  
 
  (Dollars in thousands)
 

Income (Loss) before tax

  $ 104,722   $ (97,168 ) $ 262,259   $ 233,781   $ 170,361  

Fixed Charges

                               
   

Interest expense

    110,022     131,634     124,578     92,303     37,698  
   

Estimate of interest within rental expense

    5,014     3,574     3,545     3,022     2,298  
   

Preferred dividends

    24,784     17,928     -     -     -  
                       
 

Fixed charges and preferred dividend, excluding interest on deposits

  $ 139,820   $ 153,136   $ 128,123   $ 95,325   $ 39,996  
                       
 

Interest on deposits

    129,477     178,060     241,035     200,265     93,586  
                       
 

Fixed charges and preferred dividend, including interest on deposits

  $ 269,297   $ 331,196   $ 369,158   $ 295,590   $ 133,582  
                       

Total earnings, fixed charges and preferred dividends, excluding interest on deposits

    244,542     55,968     390,382     329,106     210,357  

Total earnings, fixed charges and preferred dividends, including interest on deposits

    374,019     234,028     631,417     529,371     303,943  

Ratio of Earnings to Fixed Charges and Preferred Dividends

                               
 

Excluding interest on deposits

    1.75     0.37     3.05     3.45     5.26  
 

Including interest on deposits

    1.39     0.71     1.71     1.79     2.28  



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