Attached files
| file | filename |
|---|---|
| EX-10.6 - EXHIBIT 10.6 - Federal Home Loan Bank of Topeka | ex123115106.htm |
| EX-3.2 - EXHIBIT 3.2 - Federal Home Loan Bank of Topeka | exhibit12311532.htm |
| EX-31.1 - EXHIBIT 31.1 - Federal Home Loan Bank of Topeka | ex123115311.htm |
| EX-99.3 - EXHIBIT 99.3 - Federal Home Loan Bank of Topeka | ex123115993.htm |
| EX-32 - EXHIBIT 32 - Federal Home Loan Bank of Topeka | ex12311532.htm |
| EX-99.2 - EXHIBIT 99.2 - Federal Home Loan Bank of Topeka | ex123115992.htm |
| EX-24.1 - EXHIBIT 24.1 - Federal Home Loan Bank of Topeka | ex123115241.htm |
| EX-14.1 - EXHIBIT 14.1 - Federal Home Loan Bank of Topeka | ex123115141.htm |
| EX-31.2 - EXHIBIT 31.2 - Federal Home Loan Bank of Topeka | ex123115312.htm |
| EX-10.16 - EXHIBIT 10.16 - Federal Home Loan Bank of Topeka | ex1231151016.htm |
| 10-K - FORM 10-K - Federal Home Loan Bank of Topeka | fhlbt12311510k.htm |
| EX-99.1 - EXHIBIT 99.1 - Federal Home Loan Bank of Topeka | ex123115991.htm |
Exhibit 12.1
FEDERAL HOME LOAN BANK OF TOPEKA
CALCULATION OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
Year Ended December 31, | |||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||
Earnings: | |||||||||||||||
Income Before Assessments | $ | 103,738 | $ | 117,787 | $ | 132,267 | $ | 122,572 | $ | 97,759 | |||||
Total Fixed Charges | 225,750 | 203,136 | 225,292 | 275,103 | 315,561 | ||||||||||
Capitalized Interest | — | — | — | — | — | ||||||||||
Total Earnings | $ | 329,488 | $ | 320,923 | $ | 357,559 | $ | 397,675 | $ | 413,320 | |||||
Fixed Charges: | |||||||||||||||
Interest Expense1 | $ | 225,750 | $ | 203,136 | $ | 225,292 | $ | 275,103 | $ | 315,561 | |||||
Capitalized Interest | — | — | — | — | — | ||||||||||
Estimated Interest Attributable to Rental Expense 2 | — | — | — | — | — | ||||||||||
Total Fixed Charges | $ | 225,750 | $ | 203,136 | $ | 225,292 | $ | 275,103 | $ | 315,561 | |||||
Earnings to Fixed Charges Ratio | 1.46 | 1.58 | 1.59 | 1.45 | 1.31 | ||||||||||
1 | For purposes of this calculation the amortization of premium, discount, and capitalized expenses related to indebtedness are included in interest expense and have not been separately displayed in this calculation. |
2 | The FHLBank has rental expense; however, has not placed an estimated of the interest expense included in rental expense in this calculation as the amount is very minimal. |