EX-12.1 2 exhibit121fixedcharges.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES EXHIBIT 12.1 Fixed Charges

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,
 
 
2013
2012
2011
2010
2009
Income before income taxes
A
$
224,440

$
180,132

$
128,033

$
100,807

$
117,504

 
 
 
 
 
 
 
Interest expense:
 
 
 
 
 
 
Interest on deposits
 
$
53,191

$
68,305

$
87,938

$
123,779

$
171,259

Interest on other borrowings
C
26,891

39,200

56,478

53,492

44,479

 
 
 
 
 
 
 
Total interest expense
B
$
80,082

$
107,505

$
144,416

$
177,271

$
215,738

 
 
 
 
 
 
 
Ratio of earnings to fixed charges:
 
 
 
 
 
 
Including deposit interest
(A+B) / B
3.80x

2.68x

1.89x

1.57x

1.54x

Excluding deposit interest
(A+C) / C
9.35x

5.60x

3.27x

2.88x

3.64x