Exhibit 12.1
S&T Bancorp, Inc.
Computations of Consolidated Ratios of Earnings to Fixed Charges
| (Dollars in thousands) |
Nine Months Ended September 30, 2008 |
Years Ended December 31, | ||||||||||||||||
| 2007 | 2006 | 2005 | 2004 | 2003 | ||||||||||||||
| Excluding Interest on Deposits |
||||||||||||||||||
| Fixed Charges: |
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| Interest Expense (excluding interest on deposits) |
$ | 15,461 | $ | 19,580 | $ | 18,055 | $ | 14,690 | $ | 10,258 | $ | 15,848 | ||||||
| Interest Factor Within Rent Expense |
— | — | — | — | — | — | ||||||||||||
| Total Fixed Charges |
$ | 15,461 | $ | 19,580 | $ | 18,055 | $ | 14,690 | $ | 10,258 | $ | 15,848 | ||||||
| Earnings: |
||||||||||||||||||
| Income Before Income Taxes |
$ | 61,111 | $ | 77,771 | $ | 74,849 | $ | 82,530 | $ | 77,359 | $ | 72,640 | ||||||
| Fixed Charges |
15,461 | 19,580 | 18,055 | 14,690 | 10,258 | 15,848 | ||||||||||||
| Total Earnings |
$ | 76,572 | $ | 97,351 | $ | 92,904 | $ | 97,220 | $ | 87,617 | $ | 88,488 | ||||||
| Ratio of Earnings to Fixed Charges, Excluding Interest on Deposits |
4.95 | 4.97 | 5.15 | 6.62 | 8.54 | 5.58 | ||||||||||||
| Including Interest on Deposits |
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| Fixed Charges: |
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| Interest Expense |
$ | 54,945 | $ | 99,167 | $ | 91,584 | $ | 59,514 | $ | 40,890 | $ | 47,066 | ||||||
| Interest Factor Within Rent Expense |
— | — | — | — | — | — | ||||||||||||
| Preferred Stock dividends |
— | — | — | — | — | — | ||||||||||||
| Total Fixed Charges |
$ | 54,945 | $ | 99,167 | $ | 91,584 | $ | 59,514 | $ | 40,890 | $ | 47,066 | ||||||
| Earnings: |
||||||||||||||||||
| Income Before Income Taxes |
$ | 61,111 | $ | 77,771 | $ | 74,849 | $ | 82,530 | $ | 77,359 | $ | 72,640 | ||||||
| Fixed Charges |
54,945 | 99,167 | 91,584 | 59,514 | 40,890 | 47,066 | ||||||||||||
| Total Earnings |
$ | 116,056 | $ | 176,938 | $ | 166,433 | $ | 142,044 | $ | 118,249 | $ | 119,706 | ||||||
| Ratio of Earnings to Fixed Charges, Including Interest on Deposits |
2.11 | 1.78 | 1.82 | 2.39 | 2.89 | 2.54 | ||||||||||||