Exhibit 12.1 | ||||||||||
Simmons First National Corporation | ||||||||||
Computation of Consolidated Ratios of Earnings to Fixed Charges | ||||||||||
Year Ended December 31, | ||||||||||||||||||||
2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest on deposits | $ | 19,537 | $ | 31,046 | $ | 53,150 | $ | 65,474 | $ | 54,250 | ||||||||||
Interest on borrowings | 7,469 | 7,760 | 8,974 | 10,946 | 10,308 | |||||||||||||||
Estimated interest on rental expense | 526 | 469 | 487 | 566 | 541 | |||||||||||||||
Fixed charges including interest on deposits (A) | 27,532 | 39,275 | 62,611 | 76,986 | 65,099 | |||||||||||||||
Less: Interest on deposits | 19,537 | 31,046 | 53,150 | 65,474 | 54,250 | |||||||||||||||
Fixed charges excluding interest on deposits (B) | $ | 7,995 | $ | 8,229 | $ | 9,461 | $ | 11,512 | $ | 10,849 | ||||||||||
Earnings: | ||||||||||||||||||||
Pretax income from continuing operations | $ | 54,431 | $ | 35,400 | $ | 38,337 | $ | 39,741 | $ | 39,921 | ||||||||||
Fixed charges including interest on deposits | 27,532 | 39,275 | 62,611 | 76,986 | 65,099 | |||||||||||||||
Earnings, including interest on deposits (C) | 81,963 | 74,675 | 100,948 | 116,727 | 105,020 | |||||||||||||||
Less: Interest on deposits | 19,537 | 31,046 | 53,150 | 65,474 | 54,250 | |||||||||||||||
Earnings, excluding interest on deposits (D) | $ | 62,426 | $ | 43,629 | $ | 47,798 | $ | 51,253 | $ | 50,770 | ||||||||||
Ratio of earnings to fixed charges: | ||||||||||||||||||||
Including interest on deposits (C /A) | 2.98 | 1.90 | 1.61 | 1.52 | 1.61 | |||||||||||||||
Excluding interest on deposits (D / B) | 7.81 | 5.30 | 5.05 | 4.45 | 4.68 |