Attached files
| file | filename |
|---|---|
| EX-23 - EXHIBIT 23 - SIMMONS FIRST NATIONAL CORP | exh_23.htm |
| EX-31.3 - EXHIBIT 31.3 - SIMMONS FIRST NATIONAL CORP | exh_313.htm |
| EX-31.1 - EXHIBIT 31.1 - SIMMONS FIRST NATIONAL CORP | exh_311.htm |
| EX-31.2 - EXHIBIT 31.2 - SIMMONS FIRST NATIONAL CORP | exh_312.htm |
| EX-32.1 - EXHIBIT 32.1 - SIMMONS FIRST NATIONAL CORP | exh_321.htm |
| 10-K - FORM 10-K - SIMMONS FIRST NATIONAL CORP | f10k_022916p.htm |
| EX-32.2 - EXHIBIT 32.2 - SIMMONS FIRST NATIONAL CORP | exh_322.htm |
| EX-32.3 - EXHIBIT 32.3 - SIMMONS FIRST NATIONAL CORP | exh_323.htm |
Exhibit 12.1
Simmons First National Corporation
Computation of Consolidated Ratios of Earnings to Fixed Charges
| (In thousands, except ratios) | Year Ended December 31, | |||||||||||||||||||
| 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||
| Fixed Charges: | ||||||||||||||||||||
| Interest on deposits | $ | 15,248 | $ | 9,079 | $ | 8,399 | $ | 10,625 | $ | 14,925 | ||||||||||
| Interest on borrowings | 7,105 | 4,892 | 3,864 | 4,992 | 5,471 | |||||||||||||||
| Estimated interest on rental expense | 2,167 | 1,663 | 1,264 | 936 | 617 | |||||||||||||||
| Fixed charges before preferred stock dividends | 24,520 | 15,634 | 13,527 | 16,553 | 21,013 | |||||||||||||||
| Preferred stock dividends pre-tax income requirements | 423 | - | - | - | - | |||||||||||||||
| Total combined fixed charges and preferred stock dividends, including interest on deposits (A) | 24,943 | 15,634 | 13,527 | 16,553 | 21,013 | |||||||||||||||
| Less: Interest on deposits | 15,248 | 9,079 | 8,399 | 10,625 | 14,925 | |||||||||||||||
| Total combined fixed charges and preferred stock dividends, excluding interest on deposits (B) | $ | 9,695 | $ | 6,555 | $ | 5,128 | $ | 5,928 | $ | 6,088 | ||||||||||
| Earnings: | ||||||||||||||||||||
| Pretax income from continuing operations | $ | 107,007 | $ | 50,290 | $ | 32,536 | $ | 40,015 | $ | 35,799 | ||||||||||
| Fixed charges including interest on deposits | 24,520 | 15,634 | 13,527 | 16,553 | 21,013 | |||||||||||||||
| Earnings, including interest on deposits (C) | 131,527 | 65,924 | 46,063 | 56,568 | 56,812 | |||||||||||||||
| Less: Interest on deposits | 15,248 | 9,079 | 8,399 | 10,625 | 14,925 | |||||||||||||||
| Earnings, excluding interest on deposits (D) | $ | 116,279 | $ | 56,845 | $ | 37,664 | $ | 45,943 | $ | 41,887 | ||||||||||
| Ratio of earnings to combined fixed charges and preferred dividend: | ||||||||||||||||||||
| Including interest on deposits (C /A) | 5.27 | 4.22 | 3.41 | 3.42 | 2.70 | |||||||||||||||
| Excluding interest on deposits (D / B) | 11.99 | 8.67 | 7.35 | 7.75 | 6.88 | |||||||||||||||