HUNTINGTON PREFERRED CAPITAL INC - FORM 10-K - EX-12.1 - EXHIBIT 12.1

file	filename
10-K - FORM 10-K - HUNTINGTON PREFERRED CAPITAL INC	c97778e10vk.htm
EX-24.1 - EXHIBIT 24.1 - HUNTINGTON PREFERRED CAPITAL INC	c97778exv24w1.htm
EX-99.1 - EXHIBIT 99.1 - HUNTINGTON PREFERRED CAPITAL INC	c97778exv99w1.htm
EX-32.2 - EXHIBIT 32.2 - HUNTINGTON PREFERRED CAPITAL INC	c97778exv32w2.htm
EX-31.2 - EXHIBIT 31.2 - HUNTINGTON PREFERRED CAPITAL INC	c97778exv31w2.htm
EX-31.1 - EXHIBIT 31.1 - HUNTINGTON PREFERRED CAPITAL INC	c97778exv31w1.htm
EX-32.1 - EXHIBIT 32.1 - HUNTINGTON PREFERRED CAPITAL INC	c97778exv32w1.htm

Exhibit 12.1

Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends

Huntington Preferred Capital, Inc


	Year Ended December 31,
(in thousands)	2009			2008			2007			2006			2005

Earnings:
(Loss) income before taxes	$	(11,988	)	$	260,779		$	317,876		$	345,550		$	314,865

Add: Fixed charges, excluding interest on deposits		—			—			—			—			—

Earnings available for fixed charges, excluding interest on deposits		(11,988	)		260,779			317,876			345,550			314,865
Add: Interest on deposits		—			—			—			—			—

Earnings available for fixed charges, including interest on deposits	$	(11,988	)	$	260,779		$	317,876		$	345,550		$	314,865


Combined Fixed Charges and Preferred Stock Dividends:
Interest expense, excluding interest on deposits	$	—		$	—		$	—		$	—		$	—
Interest factor in net rental expense		—			—			—			—			—

Total fixed charges, excluding interest on deposits		—			—			—			—			—
Add: Interest on deposits		—			—			—			—			—

Total fixed charges, including interest on deposits		—			—			—			—			—
Preferred stock dividends		16,195			36,521			49,643			47,944			34,634

Combined fixed charges and preferred stock dividends	$	16,195		$	36,521		$	49,643		$	47,944		$	34,634


Ratio of Earnings to Fixed Charges and Preferred Stock Dividends		(0.74	)x		7.14	x		6.40	x		7.21	x		9.09	x

HUNTINGTON PREFERRED CAPITAL INC - FORM 10-K - EX-12.1 - EXHIBIT 12.1 - March 15, 2010