EXHIBIT 12
Regions Financial Corporation
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
Three Months Ended March 31 | ||||||||
2011 | 2010 | |||||||
(Amounts in millions) | ||||||||
Excluding Interest on Deposits | ||||||||
Income (loss) before income taxes | $ | 57 | $ | (357 | ) | |||
Fixed charges excluding preferred stock dividends and accretion | 114 | 160 | ||||||
Income (loss) for computation excluding interest on deposits | 171 | (197 | ) | |||||
Interest expense excluding interest on deposits | 98 | 142 | ||||||
One-third of rent expense | 16 | 18 | ||||||
Preferred stock dividends and accretion | 52 | 59 | ||||||
Fixed charges including preferred stock dividends and accretion | 166 | 219 | ||||||
Ratio of earnings to fixed charges, excluding interest on deposits | 1.03x | (0.90 | )x | |||||
Including Interest on Deposits | ||||||||
Income (loss) before income taxes | $ | 57 | $ | (357 | ) | |||
Fixed charges excluding preferred stock dividends and accretion | 253 | 402 | ||||||
Income for computation including interest on deposits | 310 | 45 | ||||||
Interest expense including interest on deposits | 237 | 384 | ||||||
One-third of rent expense | 16 | 18 | ||||||
Preferred stock dividends and accretion | 52 | 59 | ||||||
Fixed charges including preferred stock dividends and accretion | 305 | 461 | ||||||
Ratio of earnings to fixed charges, including interest on deposits | 1.02x | 0.10x |