Old Kent Financial 10-Q/A 1999 Q3 Quarterly report (amended)

EXHIBIT 12 - RATIO OF EARNINGS TO FIXED CHARGES

OLD KENT FINANCIAL CORPORATION
Ratio of Earnings to Fixed Charges

			Nine Months Ended
			September 30		Years Ended December 31
			(dollar amounts in thousands)
			1999	1998	1998	1997	1996	1995	1994
Earnings:
	Income before income taxes		$282,038	$277,028	$343,694	$341,843	$287,089	$266,780	$233,551
	Fixed charges		95,718	104,268	137,875	116,581	84,180	82,541	38,730
			$377,756	$381,296	$481,569	$458,424	$371,269	$349,321	$272,281
Fixed charges:
	Interest expense
		(other than interest on deposits)	$95,718	$104,268	$137,875	$116,581	$84,180	$82,541	$38,730
	Interest factor in rent expense		--	--	--	--	--	--	--
			$95,718	$104,268	$137,875	$116,581	$84,180	$82,541	$38,730
Ratio of earnings to fixed charges,
excluding interest on deposits			3.95	3.66	3.49	3.93	4.41	4.23	7.03
Including Interest on Deposits
Earnings:
	Income before income taxes		$282,038	$277,028	$343,694	$341,843	$287,089	$266,780	$233,551
	Fixed charges		449,676	481,551	639,747	636,330	582,177	555,797	357,750
			$731,714	$758,579	$983,441	$978,173	$869,266	$822,577	$591,301
Fixed charges:
	Interest expense		$449,676	$481,551	$639,747	$636,330	$582,177	$555,797	$357,750
	Interest factor in rent expense		--	--	--	--	--	--	--
			$449,676	$481,551	$639,747	$636,330	$582,177	$555,797	$357,750
Ratio of earnings to fixed charges,
including interest on deposits			1.63	1.58	1.54	1.54	1.49	1.48	1.65

The Corporation has no preferred stock outstanding during any period presented. Accordingly, its ratio of earnings to combined fixed charges and preferred stock dividends is the same as its ratio of earnings to fixed charges.