EX-12.1 8 ex12-1_100104.txt COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES EXHIBIT 12.1 WINTRUST FINANCIAL CORPORATION Computation of Ratio of Earnings to Fixed Charges The following table presents the calculation of the ratio of earnings to fixed charges:
SIX MONTHS ENDED JUNE 30, YEARS ENDED DECEMBER 31, -------------------- -------------------------------------------------------- 2004 2003 2003 2002 2001 2000 1999 -------- -------- -------- -------- -------- -------- -------- Income before income taxes A $ 38,003 $ 26,866 $ 59,344 $ 42,495 $ 29,129 $ 16,448 $ 14,151 -------- -------- -------- -------- -------- -------- -------- Interest expense: Interest on deposits $ 36,865 $ 34,115 $ 67,963 $ 70,061 $ 83,503 $ 78,670 $ 56,026 Interest on other borrowings C 9,214 7,457 15,535 14,044 8,938 8,514 5,571 -------- -------- -------- -------- -------- -------- -------- Total interest expense B 46,079 41,572 83,499 84,105 92,441 87,184 61,597 -------- -------- -------- -------- -------- -------- -------- Ratio of earnings to fixed charges: Including deposit interest (A+B)/B 1.82 x 1.65 x 1.71 x 1.51 x 1.32 x 1.19 x 1.23 x Excluding deposit interest (A+C)/C 5.12 x 4.60 x 4.82 x 4.03 x 4.26 x 2.93 x 3.54 x