EX-12 2 d656064dex12.htm EX-12

Exhibit 12

STATEMENT REGARDING COMPUTATION OF RATIOS

Cash Dividends Per Share |  | = |  | Dividends Paid to Common Shareholders/Average Common Shares Outstanding
Book Value Per Share |  | = |  | Total Shareholders’ Equity/As-Converted Common Shares Outstanding
Return on Average Assets |  | = |  | Net Income/Average Assets
Return on Average Shareholders’ Equity |  | = |  | Net Income/Average Shareholders’ Equity
Efficiency Ratio (GAAP) |  | = |  | Noninterest Expense/(Net Interest Income Plus Noninterest Income)
Efficiency Ratio (Non-GAAP) |  | = |  | See schedule under Item 7 – Management’s Discussion and Analysis of Financial Condition and Results of Operations
Loans to Deposits |  | = |  | Average Net Loans/Average Deposits Outstanding
Dividend Payout |  | = |  | Dividends Declared to Common Shareholders/Net Income Available to Common Shareholders
Average Shareholders’ Equity to Average Assets |  | = |  | Average Shareholders’ Equity/Average Assets
Tier 1 Risk-Based Capital Ratio |  | = |  | (Shareholders’ Equity Plus Qualifying Subordinated Debt) – Intangible Assets –Securities Market-to-market Capital Reserve (Tier 1 Capital)/ Risk Adjusted Assets
Total Risk-Based Capital Ratio |  | = |  | Tier 1 Capital Plus Allowance for Loan Losses/Risk Adjusted Assets
Leverage Ratio |  | = |  | Tier 1 Capital/Average Assets
Net Charge-offs to Average Loans |  | = |  | (Gross Charge-offs Less Recoveries)/Average Net Loans
Nonperforming Loans to Total Loans |  | = |  | (Nonaccrual Loans, Loans Past Due 90 Days or Greater, Plus Unseasoned Restructured Loans)/Gross Loans Net of Unearned Interest
Nonperforming Assets to Total Loans and OREO |  | = |  | (Nonaccrual Loans, Loans Past Due 90 Days or Greater, Unseasoned Restructured Loans, Plus OREO)/Gross Loans Net of Unearned Interest plus OREO
Allowance for Loan Losses to Total Loans |  | = |  | Allowance for Loan Losses/(Gross Loans Net of Unearned Interest)
Allowance for Loan Losses to Nonperforming Assets |  | = |  | Allowance for Loan Losses/(Nonaccrual Loans, Loans Past Due 90 Days or Greater, Unseasoned Restructured Loans, Plus OREO)
Allowance for Loan Losses to Nonperforming Loans |  | = |  | Allowance for Loan Losses/(Nonaccrual Loans plus Nonperforming Loans)
Net Interest Margin |  | = |  | Tax Equivalent Net Interest Income/Average Earning Assets