EX-12 6 exhibit12062916.htm EXHIBIT 12 Exhibit


Exhibit 12
Statement Re Computation of Ratios
Meta Financial Group, Inc.
Computation of the Ratio of Earnings to Fixed Charges
($ in Thousands)

 
Six Months Ended March 31,
 
 
 
Year Ended September 30,
 
 
2016
 
2015
 
2015
 
2014
 
2013
 
2012
 
2011
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense
$
1,411

 
$
1,134

 
$
2,387

 
$
2,398

 
$
2,954

 
$
3,563

 
$
4,747
 
Portion of rental expense which represents interest factor
331

 
242

 
538

 
475

 
515

 
540

 
561
 
Total Fixed Charges
$
1,742

 
$
1,376

 
$
2,925

 
$
2,873

 
$
3,469

 
$
4,103

 
$
5,308
 
Earnings available for fixed charges:
 
 
 
 
 
 
 
 
 
 
 
 
 
Pre-tax income (loss)
$
21,471

 
$
10,027

 
$
19,423

 
$
18,619

 
$
17,122

 
$
26,796

 
$
8,263
 
Add: Fixed charges
1,742

 
1,376

 
2,925

 
2,873

 
3,469

 
4,103

 
5,308
 
Total Earnings available for fixed charges
$
23,213

 
$
11,403

 
$
22,348

 
$
21,492

 
$
20,591

 
$
30,899

 
$
13,571
 
Ratios of earnings to fixed charges
13.33x

 
8.29x

 
7.64x

 
7.48x

 
5.94x

 
7.53x

 
2.56x