EXHIBIT 12
PEOPLES BANCORP INC. AND SUBSIDIARIES
COMPUTATION OF RATIOS
RETURN ON AVERAGE EQUITY | Net income/Average stockholders’ equity | |
RETURN ON AVERAGE ASSETS | Net income/Average assets | |
NET INTEREST MARGIN | Fully-tax equivalent net interest income/Average earning assets | |
EFFICIENCY RATIO | (Non-interest expenses less intangible asset amortization)/(Fully-tax equivalent net interest income plus non-interest income excluding securities and asset disposal gains and/or losses) | |
AVERAGE STOCKHOLDERS’ EQUITY TO AVERAGE ASSETS | Average stockholders’ equity/Average assets | |
AVERAGE LOANS TO AVERAGE DEPOSITS | Average gross loans/Average deposits | |
CASH DIVIDENDS TO NET INCOME OR DIVIDEND PAYOUT RATIO | Dividends declared/Net income | |
NONPERFORMING LOANS TO TOTAL LOANS | (Nonaccrual loans plus loans past due 90 days or greater plus renegotiated loans)/Gross loans net of unearned interest at quarter-end | |
NONPERFORMING ASSETS TO TOTAL ASSETS | (Nonaccrual loans plus loans past due 90 days or greater plus renegotiated loans plus other real estate owned)/Total assets | |
ALLOWANCE FOR LOAN LOSSES TO TOTAL LOANS | Allowance for loan losses/Gross loans net of unearned interest at quarter-end | |
TIER 1 CAPITAL RATIO | Stockholders’ equity less intangible assets and securities mark-to-market capital reserve ("Tier 1 Capital")/Risk weighted assets | |
TOTAL RISK-BASED CAPITAL RATIO | Tier 1 Capital plus allowance for loan losses/Risk weighted assets | |
LEVERAGE RATIO | Tier 1 Capital/Quarterly average assets | |
BOOK VALUE PER SHARE | Total stockholders’ equity/Common shares outstanding at quarter-end | |
TANGIBLE BOOK VALUE PER SHARE | (Total stockholders’ equity less goodwill and other intangible assets)/Common shares outstanding at quarter-end | |