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Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
AS RESTATED
MARCH 31, ------------------------------------
2005 2004 2003 2002 2001 2000
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Income before Taxes & Cumulative Effect
of Change in Accounting Principle $ 32,467 $ 92,604 $ 39,160 $ 29,041 $ 67,428 $ 88,932
Plus: Fixed Charges
Interest expense
Deposits 22,281 60,279 56,030 84,408 127,566 176,038
Other 22,999 80,483 76,321 75,507 117,202 191,865
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Total 45,280 140,762 132,351 159,915 244,768 367,903
Rent Expense 540 1,956 1,819 1,845 1,854 1,880
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Total Fixed Charges 45,820 142,718 134,170 161,760 246,622 369,783
Earnings $ 78,287 $ 235,322 $ 173,330 $ 190,801 $ 314,050 $ 458,715
Ratio of Earnings to fixed charges
Including interest on deposits 1.71 x 1.65 x 1.29 x 1.18 x 1.27 x 1.24 x
Excluding interest on deposits 3.33 x 2.85 x 2.22 x 2.47 x 2.64 x 2.37 x
Dividend on P/S - - 7,063 5,151 5,049 5,354
Fixed charges 45,820 142,718 141,233 166,911 251,671 375,137
Earnings to fixed charges and preferred stock dividend
Including interest on deposits 1.71 x 1.65 x 1.23 x 1.14 x 1.25 x 1.22 x
Excluding interest on deposits 3.33 x 2.85 x 2.03 x 2.31 x 2.53 x 2.30 x