Simmons First National (SFNC) 10-Q 2013 Q2 Quarterly report

Exhibit 12.1

Simmons First National Corporation

Computation of Consolidated Ratios of Earnings to Fixed Charges

	Six Months Ended June 30				Year Ended December 31,
	2013		2012		2012		2011		2010		2009		2008
Fixed Charges:
Interest on deposits	$	4,281	$	5,645	$	10,625	$	14,925	$	19,537	$	31,046	$	53,150
Interest on borrowings		1,865		2,566		4,992		5,471		7,469		7,760		8,974
Estimated interest on rental expense		605		379		936		617		526		469		487
Fixed charges including interest on deposits (A)		6,751		8,590		16,553		21,013		27,532		39,275		62,611
Less: Interest on deposits		4,281		5,645		10,625		14,925		19,537		31,046		53,150
Fixed charges excluding interest on deposits (B)	$	2,470	$	2,945	$	5,928	$	6,088	$	7,995	$	8,229	$	9,461
Earnings:
Pretax income from continuing operations	$	18,059	$	18,358	$	40,015	$	35,799	$	54,431	$	35,400	$	38,337
Fixed charges including interest on deposits		6,751		8,590		16,553		21,013		27,532		39,275		62,611
Earnings, including interest on deposits (C)		24,810		26,948		56,568		56,812		81,963		74,675		100,948
Less: Interest on deposits		4,281		5,645		10,625		14,925		19,537		31,046		53,150
Earnings, excluding interest on deposits (D)	$	20,529	$	21,303	$	45,943	$	41,887	$	62,426	$	43,629	$	47,798
Ratio of earnings to fixed charges:
Including interest on deposits (C /A)		3.68		3.14		3.42		2.70		2.98		1.90		1.61
Excluding interest on deposits (D / B)		8.31		7.23		7.75		6.88		7.81		5.30		5.05