Exhibit 12.1

Home BancShares, Inc.

Computation of Ratios of Earnings to Fixed Charges

	Three Months Ended June 30,				Six Months Ended June 30,				Year Ended December 31,
Exhibit	2013		2012		2013		2012		2012		2011		2010		2009		2008
(In thousands, except ratio’s)
Fixed Charges and Preferred Dividends
Interest expense		3,227		5,409		6,796		11,339		19,761		28,391		32,373		37,391		56,552
Capital debt expense Trust Preferred		17		521		247		1,045		1,774		2,160		2,335		2,552		3,114
Estimated interest in rent		117		107		225		209		435		426		395		318		332
Preferred dividends (E)		—		—		—		—		—		1,285		2,500		2,395		—
Combined fixed charges and preferred dividends (B)		3,361		6,037		7,268		12,593		21,970		32,262		37,603		42,656		59,998
Less: interest on deposits		2,129		4,164		4,614		8,824		14,989		22,968		24,302		27,442		45,593
Combined fixed charges and preferred dividends excluding interest on deposits (D)		1,232		1,873		2,654		3,769		6,981		9,294		13,301		15,214		14,405
Earnings
Pre-tax income from continuing operations		27,941		24,455		55,452		46,706		98,451		84,342		23,612		38,936		12,036
Fixed charges and preferred dividends		3,361		6,037		7,268		12,593		21,970		32,262		37,603		42,656		59,998
Total earnings (A)		31,302		30,492		62,720		59,299		120,421		116,604		61,215		81,592		72,034
Less: interest on deposits		2,129		4,164		4,614		8,824		14,989		22,968		24,302		27,442		45,593
Total earnings excluding interest on deposits (C)		29,173		26,328		58,106		50,475		105,432		93,636		36,913		54,150		26,441
Ratio of earnings to fixed charges
Ratio, including interest on deposits (A/(B-E))		9.31		5.05		8.63		4.71		5.48		3.76		1.74		2.03		1.20
Ratio, excluding interest on deposits (C/(D-E))		23.68		14.06		21.90		13.39		15.10		11.69		3.42		4.22		1.84
Ratio of earnings to fixed charges & preferred dividends
Ratio, including interest on deposits (A/B)		9.31		5.05		8.63		4.71		5.48		3.61		1.63		1.91		1.20
Ratio, excluding interest on deposits (C/D)		23.68		14.06		21.90		13.39		15.10		10.07		2.78		3.56		1.84