EX-12.1 4 exhibit121fixedcharges.htm COMPUTATION OF RATIO OF EARNING TO FIXED CHARGES EXHIBIT 12.1 Fixed Charges (2)

Wintrust Financial Corporation
Form 10-K, Exhibit 12.1

Computation of Ratio of Earnings to Fixed Charges

The following table presents the calculation of the ratio of earnings to fixed charges for the last five years.

(Dollars in thousands)
 
Years ended December 31,
 
 
2014
2013
2012
2011
2010
Income before income taxes
A
$
246,431

$
224,440

$
180,132

$
128,033

$
100,807

 
 
 
 
 
 
 
Interest expense:
 
 
 
 
 
 
Interest on deposits
 
$
48,411

$
53,191

$
68,305

$
87,938

$
123,779

Interest on other borrowings
C
24,281

26,891

39,200

56,478

53,492

 
 
 
 
 
 
 
Total interest expense
B
$
72,692

$
80,082

$
107,505

$
144,416

$
177,271

 
 
 
 
 
 
 
Ratio of earnings to fixed charges:
 
 
 
 
 
 
Including deposit interest
(A+B) / B
4.39x

3.80x

2.68x

1.89x

1.57x

Excluding deposit interest
(A+C) / C
11.15x

9.35x

5.60x

3.27x

2.88x