EXHIBIT 12.1
CATHAY GENERAL BANCORP AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges and Preferred Stock Dividends
|
|
|
For the three months |
|
For the years ended December 31, |
| |||||||||||||||||
|
(Dollars in thousands, except ratios) |
|
2017 |
|
2016 |
|
2016 |
|
2015 |
|
2014 |
|
2013 |
|
2012 |
| |||||||
|
Income (Loss) before income tax expense |
|
$ |
69,446 |
|
$ |
68,838 |
|
$ |
242,200 |
|
$ |
221,096 |
|
$ |
219,795 |
|
$ |
194,170 |
|
$ |
184,171 |
|
|
Plus fixed charges |
|
19,625 |
|
20,866 |
|
84,808 |
|
77,297 |
|
78,864 |
|
85,093 |
|
111,155 |
| |||||||
|
Earnings |
|
89,071 |
|
89,704 |
|
327,008 |
|
298,393 |
|
298,659 |
|
279,263 |
|
295,326 |
| |||||||
|
Fixed charges |
|
19,625 |
|
20,866 |
|
84,808 |
|
77,297 |
|
78,864 |
|
85,093 |
|
111,155 |
| |||||||
|
Preferred stock dividends |
|
— |
|
— |
|
— |
|
— |
|
— |
|
10,277 |
|
17,093 |
| |||||||
|
Fixed charges and preferred stock dividends |
|
$ |
19,625 |
|
$ |
20,866 |
|
$ |
84,808 |
|
$ |
77,297 |
|
$ |
78,864 |
|
$ |
95,370 |
|
$ |
128,248 |
|
|
Ratio of earnings to fixed charges and preferred dividends |
|
4.54 |
|
4.30 |
|
3.86 |
|
3.86 |
|
3.79 |
|
2.93 |
|
2.30 |
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