Attached files
| file | filename |
|---|---|
| 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-3.1 - EXHIBIT 3.1 - SIMMONS FIRST NATIONAL CORP | exh_31.htm |
| 10-Q - FORM 10-Q - SIMMONS FIRST NATIONAL CORP | f10q_050818p.htm |
Exhibit 12.1
Simmons First National Corporation
Computation of Consolidated Ratios of Earnings to Combined Fixed Charges and Preferred Dividend
| Three Months Ended | ||||||||||||||||||||||||||||
| (In thousands, except ratios) | March 31, | Year Ended December 31, | ||||||||||||||||||||||||||
| 2018 | 2017 | 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||||||||
| Fixed Charges: | ||||||||||||||||||||||||||||
| Interest on deposits | $ | 15,597 | $ | 4,204 | $ | 27,756 | $ | 15,217 | $ | 15,248 | $ | 9,079 | $ | 8,399 | ||||||||||||||
| Interest on borrowings | 6,576 | 1,843 | 12,318 | 6,582 | 7,105 | 4,892 | 3,864 | |||||||||||||||||||||
| Estimated interest on rental expense | 1,083 | 569 | 2,569 | 2,301 | 2,167 | 1,663 | 1,264 | |||||||||||||||||||||
| Fixed charges before preferred stock dividends | 23,256 | 6,616 | 42,643 | 24,100 | 24,520 | 15,634 | 13,527 | |||||||||||||||||||||
| Preferred stock dividends pre-tax income requirements | - | - | - | 39 | 423 | - | - | |||||||||||||||||||||
| Total combined fixed charges and preferred stock dividends, including interest on deposits (A) | 23,256 | 6,616 | 42,643 | 24,140 | 24,943 | 15,634 | 13,527 | |||||||||||||||||||||
| Less: Interest on deposits | 15,597 | 4,204 | 27,756 | 15,217 | 15,248 | 9,079 | 8,399 | |||||||||||||||||||||
| Total combined fixed charges and preferred stock dividends, excluding interest on deposits (B) | $ | 7,659 | $ | 2,412 | $ | 14,887 | $ | 8,923 | $ | 9,695 | $ | 6,555 | $ | 5,128 | ||||||||||||||
| Earnings: | ||||||||||||||||||||||||||||
| Pretax income from continuing operations | $ | 65,278 | $ | 31,811 | $ | 154,923 | $ | 143,414 | $ | 107,007 | $ | 50,290 | $ | 32,536 | ||||||||||||||
| Fixed charges including interest on deposits | 23,256 | 6,616 | 42,643 | 24,100 | 24,520 | 15,634 | 13,527 | |||||||||||||||||||||
| Earnings, including interest on deposits (C) | 88,534 | 38,427 | 197,566 | 167,514 | 131,527 | 65,924 | 46,063 | |||||||||||||||||||||
| Less: Interest on deposits | 15,597 | 4,204 | 27,756 | 15,217 | 15,248 | 9,079 | 8,399 | |||||||||||||||||||||
| Earnings, excluding interest on deposits (D) | $ | 72,937 | $ | 34,223 | $ | 169,810 | $ | 152,297 | $ | 116,279 | $ | 56,845 | $ | 37,664 | ||||||||||||||
| Ratio of earnings to combined fixed charges and preferred dividend: | ||||||||||||||||||||||||||||
| Including interest on deposits (C /A) | 3.81 | 5.81 | 4.63 | 6.94 | 5.27 | 4.22 | 3.41 | |||||||||||||||||||||
| Excluding interest on deposits (D / B) | 9.52 | 14.19 | 11.41 | 17.07 | 11.99 | 8.67 | 7.35 | |||||||||||||||||||||