PROVIDENT FINANCIAL GROUP, INC. AND SUBSIDIARIES
EXHIBIT 12.2 - COMPUTATION OF RATIOS OF EARNINGS TO COMBINED FIXED
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CHARGES AND PREFERRED STOCK DIVIDENDS
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Year Ended December 31,
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(In Thousands Except Ratios) 2000 1999 1998 1997 1996
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Earnings:
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Net income 73,614 150,949 122,427 114,715 80,622
Total provision (benefit) for income taxes 44,331 82,940 65,201 61,049 42,613
Income before income tax provision (benefit) 117,945 233,889 187,628 175,764 123,235
Fixed charges, excluding interest on deposits 207,369 129,583 133,724 93,955 93,213
Fixed charges, including interest on deposits 587,708 398,383 386,769 347,410 307,099
Adjusted earnings, excluding interest on deposits 325,314 363,472 321,352 269,719 216,448
Adjusted earnings, including interest on deposits 705,653 632,272 574,397 523,174 430,334
Fixed Charges:
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Total interest Expense 587,708 398,383 386,769 347,410 307,099
Interest on deposits 380,339 268,800 253,045 253,455 213,886
Dividend requirement of preferred stock 949 870 791 712 536
Adjustment to compute pretax preferred dividend 511 468 426 383 289
Fixed charges, excluding interest on deposits 208,829 130,921 134,941 95,050 94,038
Fixed charges, including interest on deposits 589,168 399,721 387,986 348,505 307,924
Ratio of Earnings to Fixed Charges:
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Excluding interest on deposits 1.56 2.78 2.38 2.84 2.30
Including interest on deposits 1.20 1.58 1.48 1.50 1.40
