EXHIBIT 12 STATEMENT OF COMPUTATION OF OTHER RATIOS (Dollars in thousands, except per share data) For the year ended December 31: 1994 1993 1992 1991 1990 Net income $ 136,107 $ 127,902 $ 111,091 $ 92,981 $ 87,476 Less: preferred stock dividends -- -- -- -- (636) Net income available to common shareholders 136,107 127,902 111,091 92,981 86,840 Average common equity* 848,563 768,161 683,830 638,106 580,430 Average total equity* 848,563 768,161 683,830 638,106 585,997 Average common equity 845,518 768,161 683,830 638,106 580,430 Average total equity 845,518 768,161 683,830 638,106 585,997 Average assets 10,247,217 9,253,633 8,761,913 8,347,108 7,975,849 Fully diluted net income per common share* $ 3.35 $ 3.14 $ 2.71 $ 2.21 $ 2.08 Dividends per common share** $ 1.18 $ 1.07 $ .90 1/3 $ .78 2/3 $ .72 1/3 Ratios: Return on average common equity* 16.04% 16.65% 16.25% 14.57% 14.96% (net income available to common shareholders divided by average common equity) Return on average total equity* 16.04% 16.65% 16.25% 14.57% 14.93% (net income divided by average total equity) Return on average assets 1.33% 1.38% 1.27% 1.11% 1.10% (net income divided by average assets) Average total equity to average assets* 8.28% 8.30% 7.80% 7.64% 7.35% Average total equity to average assets 8.25% 8.30% 7.80% 7.64% 7.35% Dividend payout ratio 35.2% 34.1% 33.3% 35.6% 34.8% (dividends per common share divided by fully diluted net income per common share) _____________________ <FN> *1994 excludes effect of unrealized gains/(losses) on securities available-for-sale. **Per share amounts are shown adjusted for a 3-for-2 stock split paid September 1992.