Attached files
| file | filename |
|---|---|
| EX-5.2 - EX-5.2 - FIRST BUSEY CORP /NV/ | a17-12054_7ex5d2.htm |
| EX-5.1 - EX-5.1 - FIRST BUSEY CORP /NV/ | a17-12054_7ex5d1.htm |
| EX-4.3 - EX-4.3 - FIRST BUSEY CORP /NV/ | a17-12054_7ex4d3.htm |
| EX-4.2 - EX-4.2 - FIRST BUSEY CORP /NV/ | a17-12054_7ex4d2.htm |
| EX-4.1 - EX-4.1 - FIRST BUSEY CORP /NV/ | a17-12054_7ex4d1.htm |
| 8-K - 8-K - FIRST BUSEY CORP /NV/ | a17-12054_78k.htm |
Exhibit 12.1
Calculation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
|
|
|
Three months |
|
Year Ended December 31, |
| ||||||||||||||
|
|
|
2017 |
|
2016 |
|
2015 |
|
2014 |
|
2013 |
|
2012 |
| ||||||
|
Including Interest on Deposits |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||
|
Earnings: |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||
|
Income before income taxes |
|
$ |
23,908 |
|
$ |
76,417 |
|
$ |
59,702 |
|
$ |
50,308 |
|
$ |
42,837 |
|
$ |
32,854 |
|
|
Fixed Charges from below |
|
2,914 |
|
10,229 |
|
6,207 |
|
6,499 |
|
8,631 |
|
14,770 |
| ||||||
|
Total Earnings |
|
$ |
26,822 |
|
$ |
86,646 |
|
$ |
65,909 |
|
$ |
56,807 |
|
$ |
51,468 |
|
$ |
47,624 |
|
|
Fixed Charges: |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||
|
Interest expense |
|
$ |
2,914 |
|
$ |
10,229 |
|
$ |
6,207 |
|
$ |
6,499 |
|
$ |
8,631 |
|
$ |
14,770 |
|
|
Interest portion of net rental expense |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||
|
Total Fixed Charges |
|
$ |
2,914 |
|
$ |
10,229 |
|
$ |
6,207 |
|
$ |
6,499 |
|
$ |
8,631 |
|
$ |
14,770 |
|
|
Preferred Stock Dividends and discount accretion |
|
— |
|
— |
|
700 |
|
727 |
|
3,633 |
|
3,633 |
| ||||||
|
Total Fixed Charges and Preferred Stock Dividends |
|
$ |
2,914 |
|
$ |
10,229 |
|
$ |
6,907 |
|
$ |
7,226 |
|
$ |
12,264 |
|
$ |
18,403 |
|
|
Ratio of Earnings to Fixed Charges |
|
9.20 |
x |
8.47 |
x |
10.62 |
x |
8.74 |
x |
5.96 |
x |
3.22 |
x | ||||||
|
Ratio of Earnings to Fixed Charges and Preferred Stock Dividends |
|
9.20 |
x |
8.47 |
x |
9.54 |
x |
7.86 |
x |
4.20 |
x |
2.59 |
x | ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||
|
Excluding Interest on Deposits |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||
|
Earnings: |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||
|
Income before income taxes |
|
$ |
23,908 |
|
$ |
76,417 |
|
$ |
59,702 |
|
$ |
50,308 |
|
$ |
42,837 |
|
$ |
32,854 |
|
|
Fixed charges from below |
|
870 |
|
3,164 |
|
1,451 |
|
1,376 |
|
1,532 |
|
2,274 |
| ||||||
|
Total Earnings |
|
$ |
24,778 |
|
$ |
79,581 |
|
$ |
61,153 |
|
$ |
51,684 |
|
$ |
44,369 |
|
$ |
35,128 |
|
|
Fixed Charges: |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||
|
Interest expense |
|
$ |
870 |
|
$ |
3,164 |
|
$ |
1,451 |
|
$ |
1,376 |
|
$ |
1,532 |
|
$ |
2,274 |
|
|
Interest portion of net rental expense |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||
|
Total Fixed Charges excluding interest on deposits |
|
$ |
870 |
|
$ |
3,164 |
|
$ |
1,451 |
|
$ |
1,376 |
|
$ |
1,532 |
|
$ |
2,274 |
|
|
Preferred Stock Dividends and discount accretion |
|
— |
|
— |
|
700 |
|
727 |
|
3,633 |
|
3,633 |
| ||||||
|
Total Fixed Charges and Preferred Stock Dividends excluding interest on deposits |
|
$ |
870 |
|
$ |
3,164 |
|
$ |
2,151 |
|
$ |
2,103 |
|
$ |
5,165 |
|
$ |
5,907 |
|
|
Ratio of Earnings to Fixed Charges (excluding interest on deposits) |
|
28.48 |
x |
25.15 |
x |
42.15 |
x |
37.56 |
x |
28.96 |
x |
15.45 |
x | ||||||
|
Ratio of Earnings to Fixed Charges and Preferred Stock Dividends (excluding interest on deposits) |
|
28.48 |
x |
25.15 |
x |
28.43 |
x |
24.58 |
x |
8.59 |
x |
5.95 |
x | ||||||