Attached files
| file | filename |
|---|---|
| EX-1.1 - EX-1.1 - WESTERN ALLIANCE BANCORPORATION | d204097dex11.htm |
| EX-4.1 - EX-4.1 - WESTERN ALLIANCE BANCORPORATION | d204097dex41.htm |
| EX-8.1 - EX-8.1 - WESTERN ALLIANCE BANCORPORATION | d204097dex81.htm |
| EX-5.1 - EX-5.1 - WESTERN ALLIANCE BANCORPORATION | d204097dex51.htm |
| EX-4.2 - EX-4.2 - WESTERN ALLIANCE BANCORPORATION | d204097dex42.htm |
| 8-K - 8-K - WESTERN ALLIANCE BANCORPORATION | d204097d8k.htm |
Exhibit 12.1
Western Alliance Bancorporation
Computation of Ratio of Earnings to Fixed Charges
| Three Months Ended March 31, |
Year Ended December 31, | |||||||||||||||||||||||
| 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||||||
| (in thousands) | ||||||||||||||||||||||||
| Income before income taxes and discontinued operations |
$ | 80,851 | $ | 258,538 | $ | 197,499 | $ | 145,656 | $ | 101,064 | $ | 50,339 | ||||||||||||
| Add: |
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| Fixed charges |
9,367 | 35,252 | 33,554 | 32,076 | 29,986 | 40,776 | ||||||||||||||||||
| Amortization of capitalized interest |
— | — | — | — | — | — | ||||||||||||||||||
| Deduct: |
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| Capitalized interest |
— | — | — | — | — | — | ||||||||||||||||||
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| Earnings, as adjusted |
$ | 90,218 | $ | 293,790 | $ | 231,053 | $ | 177,732 | $ | 131,050 | $ | 91,115 | ||||||||||||
| Fixed charges: |
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| Interest expense on deposits |
$ | 6,243 | $ | 21,795 | $ | 20,012 | $ | 16,335 | $ | 16,794 | $ | 27,977 | ||||||||||||
| Interest expense on borrowings |
2,302 | 10,773 | 11,474 | 13,425 | 11,238 | 10,946 | ||||||||||||||||||
| Interest factor in rental expenses (1/3 rent expense) |
822 | 2,684 | 2,068 | 2,316 | 1,954 | 1,853 | ||||||||||||||||||
| Capitalized interest |
— | — | — | — | — | — | ||||||||||||||||||
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| Total Fixed Charges |
$ | 9,367 | $ | 35,252 | $ | 33,554 | $ | 32,076 | $ | 29,986 | $ | 40,776 | ||||||||||||
| Ratio of earnings to fixed charges: |
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| Excluding interest on deposits |
26.88 | 20.21 | 15.58 | 10.25 | 8.66 | 4.93 | ||||||||||||||||||
| Including interest on deposits |
9.63 | 8.33 | 6.89 | 5.54 | 4.37 | 2.23 | ||||||||||||||||||