EX-12.1 2 dex121.htm STATEMENT OF RATIO OF EARNINGS Statement of Ratio of Earnings

Exhibit 12.1

CATHAY GENERAL BANCORP AND SUBSIDIARIES

Computation of Ratio of Earnings to Fixed Charges and Preferred Stock Dividends

 

     For the Years Ended December 31,

(Dollars in thousands, except ratios)

    2008    2007    2006    2005    2004

Income before income tax expense

    $ 70,075    $ 196,660    $ 184,829    $ 166,481    $ 140,422

Plus fixed charges

      299,477      309,114      214,664      112,432      62,142
                                  

Earnings

      369,552      505,774      399,493      278,913      202,564

Fixed charges

      299,477      309,114      214,664      112,432      62,142

Preferred stock dividends

      1,750      610      610      611      593
                                  

Fixed charges and preferred stock dividends

    $ 301,227    $ 309,724    $ 215,274    $ 113,043    $ 62,735

Ratio of earnings to fixed charges

      1.23      1.64      1.86      2.48      3.26

Ratio of earnings to fixed charges and preferred stock dividends

      1.23      1.63      1.86      2.47      3.23