EX-12.1 6 0006.txt WINTRUST FINANCIAL CORPORATION 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, ---------------------------------------------------------------------------- 2000 1999 1998 1997 1996 ------------ ------------- ------------- ------------- ------------- Income (loss) before income taxes A 16,448 14,151 4,709 1,058 (2,283) Interest expense: Interest on deposits 78,670 56,026 49,069 37,375 22,760 Interest on short-term borrowings, notes payable and long-term debt C 8,514 5,571 2,146 964 1,395 ------------ ------------- ------------- ------------- ------------- Total interest expense B 87,184 61,597 51,215 38,339 24,155 ------------ ------------- ------------- ------------- ------------- Ratio of earnings to fixed charges: Including deposit interest (A+B) / B 1.19 1.23 1.09 1.03 * Excluding deposit interest (A+C) / C 2.93 3.54 3.19 2.10 * * Earnings were inadequate to cover fixed charges in the year ended December 31, 1996 by $2.3 million