Fiscal Year | ||||||||||||||||||||
2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||
| Excluding Interest on Deposits | ||||||||||||||||||||
| Earnings: | ||||||||||||||||||||
Income (loss) before income taxes | $ | 615,863 | $ | 590,750 | $ | 698,712 | $ | (1,639,189 | ) | $ | (276,616 | ) | ||||||||
Fixed charges | 103,869 | 93,674 | 93,491 | 85,687 | 121,736 | |||||||||||||||
| Preference security dividend of consolidated subsidiary | (2,725 | ) | (2,917 | ) | (3,023 | ) | (3,262 | ) | (3,220 | ) | ||||||||||
Total | $ | 717,007 | $ | 681,507 | $ | 789,180 | $ | (1,556,764 | ) | $ | (158,100 | ) | ||||||||
| Fixed charges: | ||||||||||||||||||||
Interest on FHLB and other borrowings | $ | 68,957 | $ | 66,275 | $ | 66,014 | $ | 57,892 | $ | 91,445 | ||||||||||
| Interest on federal funds purchased and securities sold under agreements to repurchase | 2,302 | 2,082 | 2,783 | 3,828 | 5,195 | |||||||||||||||
Interest on other short term borrowings | 5,318 | 118 | 113 | 48 | 123 | |||||||||||||||
| Preference security dividend of consolidated subsidiary | 2,725 | 2,917 | 3,023 | 3,262 | 3,220 | |||||||||||||||
| Portion of rents representative of the interest factor of expense | 24,567 | 22,282 | 21,558 | 20,657 | 21,753 | |||||||||||||||
Total fixed charges | $ | 103,869 | $ | 93,674 | $ | 93,491 | $ | 85,687 | $ | 121,736 | ||||||||||
| Ratio of earnings to fixed charges, excluding interest on deposits | 6.90x | 7.28x | 8.44x | (18.17)x | (1.30)x | |||||||||||||||
| Including Interest on Deposits | ||||||||||||||||||||
| Earnings: | ||||||||||||||||||||
Income (loss) before income taxes | $ | 615,863 | $ | 590,750 | $ | 698,712 | $ | (1,639,189 | ) | $ | (276,616 | ) | ||||||||
Fixed charges | 355,783 | 305,774 | 286,135 | 304,644 | 419,306 | |||||||||||||||
| Preference security dividend of consolidated subsidiary | (2,725 | ) | (2,917 | ) | (3,023 | ) | (3,262 | ) | (3,220 | ) | ||||||||||
Total | $ | 968,921 | $ | 893,607 | $ | 981,824 | $ | (1,337,807 | ) | $ | 139,470 | |||||||||
| Fixed charges: | ||||||||||||||||||||
Interest on deposits | $ | 251,914 | $ | 212,100 | $ | 192,644 | $ | 218,957 | $ | 297,570 | ||||||||||
Interest on FHLB and other borrowings | 68,957 | 66,275 | 66,014 | 57,892 | 91,445 | |||||||||||||||
| Interest on federal funds purchased and securities sold under agreements to repurchase | 2,302 | 2,082 | 2,783 | 3,828 | 5,195 | |||||||||||||||
Interest on other short term borrowings | 5,318 | 118 | 113 | 48 | 123 | |||||||||||||||
| Preference security dividend of consolidated subsidiary | 2,725 | 2,917 | 3,023 | 3,262 | 3,220 | |||||||||||||||
| Portion of rents representative of the interest factor of expense | 24,567 | 22,282 | 21,558 | 20,657 | 21,753 | |||||||||||||||
Total fixed charges | $ | 355,783 | $ | 305,774 | $ | 286,135 | $ | 304,644 | $ | 419,306 | ||||||||||
| Ratio of earnings to fixed charges, including interest on deposits | 2.72x | 2.92x | 3.43x | (4.39)x | 0.33x | |||||||||||||||
