CVB Financial (CVBF) 10-K 2012 FY Annual report

Exhibit 12

CVB Financial Corp.

Computation of Ratio of Earnings to Fixed Charges and Preferred Stock Dividends

	For the Year Ended December 31,
	2012		2011		2010		2009		2008
	(Dollars in thousands)
Earnings excluding interest on deposits(1):
Earnings Before Taxes	$	114,693	$	120,804	$	86,739	$	89,249	$	85,748
Fixed Charges		21,247		28,296		41,946		65,510		104,869
	$	135,940	$	149,100	$	128,685	$	154,759	$	190,617
Preferred dividends(2):	$	—			$	—	$	5,827	$	774
Fixed charges(1):
Interest on borrowings	$	19,361	$	26,331	$	39,719	$	63,539	$	103,038
Amortization of debt expense		—		—		—		—		120
Interest portion of rental expense		1,886		1,965		2,227		1,971		1,711
	$	21,247	$	28,296	$	41,946	$	65,510	$	104,869
Ratio of earnings to fixed charges, excluding interest ondeposits		6.40		5.27		3.07		2.36		1.82
Ratio of earnings to fixed charges and preferreddividends, excluding interest on deposits		6.40		5.27		3.07		2.27		1.81
Earnings including interest on deposits(1):
Earnings Before Taxes		114,693		120,804		86,739		89,249		85,748
Fixed Charges		27,158		37,004		60,199		90,466		140,670
		141,851		157,808		146,938		179,715		226,418
Preferred dividends(2):	$	—	$	—	$	—	$	5,827	$	774
Fixed charges(1):
Interest on deposits		5,911		8,708		18,253		24,956		35,801
Interest on borrowings		19,361		26,331		39,719		63,539		103,038
Amortization of debt expense		—		—		—		—		120
Interest portion of rental expense		1,886		1,965		2,227		1,971		1,711
		27,158		37,004		60,199		90,466		140,670
Ratio of earnings to fixed charges, including interest ondeposits		5.22		4.26		2.44		1.99		1.61
Ratio of earnings to fixed charges and preferreddividends, including interest on deposits		5.22		4.26		2.44		1.92		1.60

(1) As defined in Item 503(d) of Regulation S-K.

(2) The preferred dividends were increased to amounts representing the pretax earnings that would be required to cover such dividend requirements.