EX-12.1 5 d919268dex121.htm EX-12.1

EX-12.1

Exhibit 12.1

Ratio of Earnings to Fixed Charges

		Years ended December 31,
		2014				2013				2012				2011				2010
Earnings:
Income before taxes		$	112,303			$	89,943			$	77,374			$	79,174			$	78,316
Fixed charges			23,203				30,644				35,194				39,721				53,210
Earnings, including interest on deposits			135,506				120,587				112,568				118,895				131,526
Less: interest on deposits			13,638				16,290				18,848				23,020				30,354
Earnings, excluding interest on deposits		$	121,868			$	104,297			$	93,720			$	95,875			$	101,172
Fixed charges:
Interest on deposits		$	13,638			$	16,290			$	18,848			$	23,020			$	30,354
Interest on borrowings			9,565				14,354				16,346				16,701				22,856
Fixed charges, including interest on deposits			23,203				30,644				35,194				39,721				53,210
Less: interest on deposits			13,638				16,290				18,848				23,020				30,354
Fixed charges, excluding interest on deposits			9,565				14,354				16,346				16,701				22,856
Ratio of Earnings to Fixed Charges:
Excluding interest on deposits			12.74				7.27				5.73				5.74				4.43
Including interest on deposits			5.84				3.94				3.20				2.99				2.47