FIDELITY BANCORP, INC.
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
12/31/98 12/31/97 12/31/96 12/31/95
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NET INCOME BEFORE TAXES 12,106,371.00 11,969,459.00 9,790,311.00 9,261,231.00
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FIXED CHARGES:
INTEREST EXPENSE ON DEPOSITS 19,478,840.00 18,692,963.00 15,957,942.00 12,335,539.00
INTEREST EXPENSE ON STB 412,516.00 323,548.00 287,329.00 280,473.00
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TOTAL 19,891,356.00 19,016,511.00 16,245,271.00 12,616,012.00
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NET INCOME BEFORE TAXES AND FIXED CHARGES
EXCLUDING INTEREST ON DEPOSITS 31,997,727.00 30,985,970.00 26,035,582.00 21,877,243.00
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EARNINGS TO FIXED CHARGES:
EXCLUDING INTEREST ON DEPOSITS 30.35 37.99 35.07 34.02
INCLUDING INTEREST ON DEPOSITS 1.61 1.63 1.60 1.73
12/31/94
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NET INCOME BEFORE TAXES 7,961,063.00
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FIXED CHARGES:
INTEREST EXPENSE ON DEPOSITS 8,150,960.00
INTEREST EXPENSE ON STB 285,960.00
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TOTAL 8,436,920.00
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NET INCOME BEFORE TAXES AND FIXED CHARGES
EXCLUDING INTEREST ON DEPOSITS 16,397,983.00
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EARNINGS TO FIXED CHARGES:
EXCLUDING INTEREST ON DEPOSITS 28.84
INCLUDING INTEREST ON DEPOSITS 1.94