Exhibit 12.1
BCB Bancorp, Inc.
Computation of Consolidated Ratio of Earnings to Fixed Charges and Preferred Stock Dividends
(Dollars in thousands)
| Three months ended March 31, | Year Ended December 31, | |||||||||||||||||||||||
| 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||||||
| Ratio of earnings to fixed charges: | ||||||||||||||||||||||||
| Including Interest Paid on Deposits: | ||||||||||||||||||||||||
| Earnings before income taxes | $ | 4,858 | $ | 13,261 | $ | 11,844 | $ | 12,637 | $ | 15,967 | $ | (4,314 | ) | |||||||||||
| Combined fixed charges: | ||||||||||||||||||||||||
| Interest expense on deposits | 2,783 | 10,561 | 7,410 | 5,209 | 5,602 | 6,890 | ||||||||||||||||||
| Interest expense on borrowed funds | 1,067 | 5,734 | 6,459 | 5,107 | 4,978 | 5,057 | ||||||||||||||||||
| Appropriate portion (1/3) of rent expense | 204 | 803 | 663 | 523 | 417 | 410 | ||||||||||||||||||
| Total fixed charges | $ | 4,054 | $ | 17,098 | $ | 14,532 | $ | 10,839 | $ | 10,997 | $ | 12,357 | ||||||||||||
| Earnings before income taxes and fixed charges | $ | 8,912 | $ | 30,359 | $ | 26,376 | $ | 23,476 | $ | 26,964 | $ | 8,043 | ||||||||||||
| Ratio of earnings to fixed charges | 2.20 | 1.78 | 1.82 | 2.17 | 2.45 | 0.65 | ||||||||||||||||||
| Excluding Interest Paid on Deposits: | ||||||||||||||||||||||||
| Earnings before income taxes | $ | 4,858 | $ | 13,261 | $ | 11,844 | $ | 12,637 | $ | 15,967 | $ | (4,314 | ) | |||||||||||
| Combined fixed charges: | ||||||||||||||||||||||||
| Interest expense on borrowed funds | 1,067 | 5,734 | 6,459 | 5,107 | 4,978 | 5,057 | ||||||||||||||||||
| Appropriate portion (1/3) of rent expense | 204 | 803 | 663 | 523 | 417 | 410 | ||||||||||||||||||
| Total fixed charges | $ | 1,271 | $ | 6,537 | $ | 7,122 | $ | 5,630 | $ | 5,395 | $ | 5,467 | ||||||||||||
| Earnings before income taxes and fixed charges | $ | 7,400 | $ | 26,335 | $ | 26,088 | $ | 23,897 | $ | 21,362 | $ | 1,153 | ||||||||||||
| Ratio of earnings to fixed charges excluding deposit interest | 5.82 | 4.03 | 3.66 | 4.24 | 3.96 | 0.21 | ||||||||||||||||||
| Earnings to Fixed Charges & Preferred Stock: | ||||||||||||||||||||||||
| Including Interest Paid on Deposits: | ||||||||||||||||||||||||
| Earnings before income taxes | $ | 4,858 | $ | 13,261 | $ | 11,844 | $ | 12,637 | $ | 15,967 | $ | (4,314 | ) | |||||||||||
| Combined fixed charges: | ||||||||||||||||||||||||
| Interest expense on deposits | 2,783 | 10,561 | 7,410 | 5,209 | 5,602 | 6,890 | ||||||||||||||||||
| Interest expense on borrowed funds | 1,067 | 5,734 | 6,459 | 5,107 | 4,978 | 5,057 | ||||||||||||||||||
| Appropriate portion (1/3) of rent expense | 204 | 803 | 663 | 523 | 417 | 410 | ||||||||||||||||||
| Preferred Stock Dividends | 197 | 1,560 | 1,528 | 1,333 | 947 | |||||||||||||||||||
| Total fixed charges | $ | 4,251 | $ | 18,658 | $ | 16,060 | $ | 12,172 | $ | 11,944 | $ | 12,357 | ||||||||||||
| Earnings before income taxes and fixed charges | $ | 9,109 | $ | 31,919 | $ | 27,904 | $ | 24,809 | $ | 27,911 | $ | 8,043 | ||||||||||||
| Ratio of earnings to fixed charges | 2.14 | 1.71 | 1.74 | 2.04 | 2.34 | 0.65 | ||||||||||||||||||
| Excluding Interest Paid on Deposits: | ||||||||||||||||||||||||
| Earnings before income taxes | $ | 4,858 | $ | 13,261 | $ | 11,844 | $ | 12,637 | $ | 15,967 | $ | (4,314 | ) | |||||||||||
| Combined fixed charges: | ||||||||||||||||||||||||
| Interest expense on borrowed funds | 1,067 | 5,734 | 6,459 | 5,107 | 4,978 | 5,057 | ||||||||||||||||||
| Appropriate portion (1/3) of rent expense | 204 | 803 | 663 | 523 | 417 | 410 | ||||||||||||||||||
| Preferred Stock Dividends | 197 | 1,560 | 1,528 | 1,333 | 947 | |||||||||||||||||||
| Total fixed charges | $ | 1,468 | $ | 8,097 | $ | 8,650 | $ | 6,963 | $ | 6,342 | $ | 5,467 | ||||||||||||
| Earnings before income taxes and fixed charges | $ | 6,326 | $ | 21,358 | $ | 20,494 | $ | 19,600 | $ | 22,309 | $ | 1,153 | ||||||||||||
| Ratio of earnings to fixed charges | 4.31 | 2.64 | 2.37 | 2.81 | 3.52 | 0.21 | ||||||||||||||||||
