Exhibit 12.1

Home BancShares, Inc.

Computation of Ratios of Earnings to Fixed Charges

	Three Months Ended				Nine Months Ended
	September 30,				September 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		2,810		4,435		9,606		15,774		19,761		28,391		32,373		37,391		56,552
Capital debt expense Trust Preferred		16		482		263		1,527		1,774		2,160		2,335		2,552		3,114
Estimated interest in rent		120		114		345		324		435		426		395		318		332
Preferred dividends (E)		—		—		—		—		—		1,285		2,500		2,395		—
Combined fixed charges and preferred dividends (B)		2,946		5,031		10,214		17,625		21,970		32,262		37,603		42,656		59,998
Less: interest on deposits		1,810		3,288		6,424		12,112		14,989		22,968		24,302		27,442		45,593
Combined fixed charges and preferred dvidends excluding interest on deposits (D)		1,136		1,743		3,790		5,513		6,981		9,294		13,301		15,214		14,405
Earnings
Pre-tax income from continuing operations		28,953		25,103		84,405		71,809		98,451		84,342		23,612		38,936		12,036
Fixed charges and preferred dividends		2,946		5,031		10,214		17,625		21,970		32,262		37,603		42,656		59,998
Total earnings (A)		31,899		30,134		94,619		89,434		120,421		116,604		61,215		81,592		72,034
Less: interest on deposits		1,810		3,288		6,424		12,112		14,989		22,968		24,302		27,442		45,593
Total earnings excluding interest on deposits (C)		30,089		26,846		88,195		77,322		105,432		93,636		36,913		54,150		26,441
Ratio of earnings to fixed charges
Ratio, including interest on deposits (A/(B-E))		10.83		5.99		9.26		5.07		5.48		3.76		1.74		2.03		1.20
Ratio, excluding interest on deposits (C/(D-E))		26.48		15.40		23.27		14.03		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)		10.83		5.99		9.26		5.07		5.48		3.61		1.63		1.91		1.20
Ratio, excluding interest on deposits (C/D)		26.48		15.40		23.27		14.03		15.10		10.07		2.78		3.56		1.84