Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - SIMMONS FIRST NATIONAL CORP | f10q_110816p.htm |
| EX-32.3 - EXHIBIT 32.3 - SIMMONS FIRST NATIONAL CORP | exh_323.htm |
| EX-32.2 - EXHIBIT 32.2 - SIMMONS FIRST NATIONAL CORP | exh_322.htm |
| EX-32.1 - EXHIBIT 32.1 - SIMMONS FIRST NATIONAL CORP | exh_321.htm |
| EX-31.3 - EXHIBIT 31.3 - SIMMONS FIRST NATIONAL CORP | exh_313.htm |
| EX-31.2 - EXHIBIT 31.2 - SIMMONS FIRST NATIONAL CORP | exh_312.htm |
| EX-31.1 - EXHIBIT 31.1 - SIMMONS FIRST NATIONAL CORP | exh_311.htm |
| EX-15.1 - EXHIBIT 15.1 - SIMMONS FIRST NATIONAL CORP | exh_151.htm |
| EX-3.2 - EXHIBIT 3.2 - SIMMONS FIRST NATIONAL CORP | exh_32.htm |
Exhibit 12.1
Simmons First National Corporation
Computation of Consolidated Ratios of Earnings to Combined Fixed Charges and Preferred Dividend
| Nine Months Ended | ||||||||||||||||||||||||||||
| (In thousands, except ratios) | September 30, | Year Ended December 31, | ||||||||||||||||||||||||||
| 2016 | 2015 | 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||||||||
| Fixed Charges: | ||||||||||||||||||||||||||||
| Interest on deposits | $ | 11,162 | $ | 11,297 | $ | 15,248 | $ | 9,079 | $ | 8,399 | $ | 10,625 | $ | 14,925 | ||||||||||||||
| Interest on borrowings | 4,900 | 5,483 | 7,105 | 4,892 | 3,864 | 4,992 | 5,471 | |||||||||||||||||||||
| Estimated interest on rental expense | 1,738 | 1,787 | 2,167 | 1,663 | 1,264 | 936 | 617 | |||||||||||||||||||||
| Fixed charges before preferred stock dividends | 17,800 | 18,567 | 24,520 | 15,634 | 13,527 | 16,553 | 21,013 | |||||||||||||||||||||
| Preferred stock dividends pre-tax income requirements | 40 | 296 | 423 | - | - | - | - | |||||||||||||||||||||
| Total combined fixed charges and preferred stock dividends, including interest on deposits (A) | 17,840 | 18,863 | 24,943 | 15,634 | 13,527 | 16,553 | 21,013 | |||||||||||||||||||||
| Less: Interest on deposits | 11,162 | 11,297 | 15,248 | 9,079 | 8,399 | 10,625 | 14,925 | |||||||||||||||||||||
| Total combined fixed charges and preferred stock dividends, excluding interest on deposits (B) | $ | 6,678 | $ | 7,566 | $ | 9,695 | $ | 6,555 | $ | 5,128 | $ | 5,928 | $ | 6,088 | ||||||||||||||
| Earnings: | ||||||||||||||||||||||||||||
| Pretax income from continuing operations | $ | 104,028 | $ | 75,720 | $ | 107,007 | $ | 50,290 | $ | 32,536 | $ | 40,015 | $ | 35,799 | ||||||||||||||
| Fixed charges including interest on deposits | 17,800 | 18,567 | 24,520 | 15,634 | 13,527 | 16,553 | 21,013 | |||||||||||||||||||||
| Earnings, including interest on deposits (C) | 121,828 | 94,287 | 131,527 | 65,924 | 46,063 | 56,568 | 56,812 | |||||||||||||||||||||
| Less: Interest on deposits | 11,162 | 11,297 | 15,248 | 9,079 | 8,399 | 10,625 | 14,925 | |||||||||||||||||||||
| Earnings, excluding interest on deposits (D) | $ | 110,666 | $ | 82,900 | $ | 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) | 6.83 | 5.00 | 5.27 | 4.22 | 3.41 | 3.42 | 2.70 | |||||||||||||||||||||
| Excluding interest on deposits (D / B) | 16.57 | 10.97 | 11.99 | 8.67 | 7.35 | 7.75 | 6.88 | |||||||||||||||||||||