Attached files
| file | filename |
|---|---|
| EX-31.2 - EX-31.2 - HOME BANCSHARES INC | d781144dex312.htm |
| EX-31.1 - EX-31.1 - HOME BANCSHARES INC | d781144dex311.htm |
| EX-32.1 - EX-32.1 - HOME BANCSHARES INC | d781144dex321.htm |
| EX-15 - EX-15 - HOME BANCSHARES INC | d781144dex15.htm |
| EX-32.2 - EX-32.2 - HOME BANCSHARES INC | d781144dex322.htm |
| EXCEL - IDEA: XBRL DOCUMENT - HOME BANCSHARES INC | Financial_Report.xls |
| 10-Q - 10-Q - HOME BANCSHARES INC | d781144d10q.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 |
2014 | 2013 | 2014 | 2013 | 2013 | 2012 | 2011 | 2010 | 2009 | |||||||||||||||||||||||||||
| (Dollars in thousands) | ||||||||||||||||||||||||||||||||||||
| Fixed Charges and Preferred Dividends | ||||||||||||||||||||||||||||||||||||
| Interest expense |
$ | 4,466 | $ | 2,810 | $ | 13,193 | $ | 9,606 | $ | 14,013 | $ | 19,761 | $ | 28,391 | $ | 32,373 | $ | 37,391 | ||||||||||||||||||
| Capital debt expense Trust Preferred |
330 | 16 | 986 | 263 | 518 | 1,774 | 2,160 | 2,335 | 2,552 | |||||||||||||||||||||||||||
| Estimated interest in rent |
187 | 120 | 561 | 345 | 515 | 435 | 426 | 395 | 318 | |||||||||||||||||||||||||||
| Preferred dividends (E) |
— | — | — | — | — | — | 1,285 | 2,500 | 2,395 | |||||||||||||||||||||||||||
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| Combined fixed charges and preferred dividends (B) |
4,983 | 2,946 | 14,740 | 10,214 | 15,046 | 21,970 | 32,262 | 37,603 | 42,656 | |||||||||||||||||||||||||||
| Less: interest on deposits |
3,243 | 1,810 | 9,722 | 6,424 | 9,744 | 14,989 | 22,968 | 24,302 | 27,442 | |||||||||||||||||||||||||||
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| Combined fixed charges and preferred dvidends excluding interest on deposits (D) |
$ | 1,740 | $ | 1,136 | $ | 5,018 | $ | 3,790 | $ | 5,302 | $ | 6,981 | $ | 9,294 | $ | 13,301 | $ | 15,214 | ||||||||||||||||||
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| Earnings | ||||||||||||||||||||||||||||||||||||
| Pre-tax income from continuing operations |
$ | 42,378 | $ | 28,953 | $ | 130,111 | $ | 84,405 | $ | 104,473 | $ | 98,451 | $ | 84,342 | $ | 23,612 | $ | 38,936 | ||||||||||||||||||
| Fixed charges and preferred dividends |
4,983 | 2,946 | 14,740 | 10,214 | 15,046 | 21,970 | 32,262 | 37,603 | 42,656 | |||||||||||||||||||||||||||
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| Total earnings (A) |
47,361 | 31,899 | 144,851 | 94,619 | 119,519 | 120,421 | 116,604 | 61,215 | 81,592 | |||||||||||||||||||||||||||
| Less: interest on deposits |
3,243 | 1,810 | 9,722 | 6,424 | 9,744 | 14,989 | 22,968 | 24,302 | 27,442 | |||||||||||||||||||||||||||
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| Total earnings excluding interest on deposits (C) |
$ | 44,118 | $ | 30,089 | $ | 135,129 | $ | 88,195 | $ | 109,775 | $ | 105,432 | $ | 93,636 | $ | 36,913 | $ | 54,150 | ||||||||||||||||||
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| Ratio of earnings to fixed charges |
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| Ratio, including interest on deposits (A/(B-E)) |
9.50 | % | 10.83 | % | 9.83 | % | 9.26 | % | 7.94 | % | 5.48 | % | 3.76 | % | 1.74 | % | 2.03 | % | ||||||||||||||||||
| Ratio, excluding interest on deposits (C/(D-E)) |
25.35 | 26.49 | 26.93 | 23.27 | 20.70 | 15.10 | 11.69 | 3.42 | 4.22 | |||||||||||||||||||||||||||
| Ratio of earnings to fixed charges & preferred dividends |
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| Ratio, including interest on deposits (A/B) |
9.50 | % | 10.83 | % | 9.83 | % | 9.26 | % | 7.94 | % | 5.48 | % | 3.61 | % | 1.63 | % | 1.91 | % | ||||||||||||||||||
| Ratio, excluding interest on deposits (C/D) |
25.35 | 26.49 | 26.93 | 23.27 | 20.70 | 15.10 | 10.07 | 2.78 | 3.56 | |||||||||||||||||||||||||||