EX-12.1 2 exhibit121fixedcharges2016.htm EXHIBIT 12.1 Exhibit

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,
 
 
2016
2015
2014
2013
2012
Income before income taxes
A
$
331,854

$
251,765

$
246,431

$
224,440

$
180,132

 
 
 
 
 
 
 
Interest expense:
 
 
 
 
 
 
Interest on deposits
 
$
58,409

$
48,863

$
48,411

$
53,191

$
68,305

Interest on other borrowings
C
31,855

28,072

24,281

26,891

39,200

 
 
 
 
 
 
 
Total interest expense
B
$
90,264

$
76,935

$
72,692

$
80,082

$
107,505

 
 
 
 
 
 
 
Ratio of earnings to fixed charges:
 
 
 
 
 
 
Including deposit interest
(A+B) / B
4.68x

4.27x

4.39x

3.80x

2.68x

Excluding deposit interest
(A+C) / C
11.42x

9.97x

11.15x

9.35x

5.60x