EX-12.1 4 exhibit121fixedcharges2017.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,
 
 
2017
2016
2015
2014
2013
Income before income taxes
A
$
389,997

$
331,854

$
251,765

$
246,431

$
224,440

 
 
 
 
 
 
 
Interest expense:
 
 
 
 
 
 
Interest on deposits
 
$
83,326

$
58,409

$
48,863

$
48,411

$
53,191

Interest on other borrowings
C
31,066

31,855

28,072

24,281

26,891

 
 
 
 
 
 
 
Total interest expense
B
$
114,392

$
90,264

$
76,935

$
72,692

$
80,082

 
 
 
 
 
 
 
Ratio of earnings to fixed charges:
 
 
 
 
 
 
Including deposit interest
(A+B) / B
4.41x

4.68x

4.27x

4.39x

3.80x

Excluding deposit interest
(A+C) / C
13.55x

11.42x

9.97x

11.15x

9.35x