Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - SANTANDER BANCORP | g23375e10vq.htm |
| EX-31.1 - EX-31.1 SECTION 302, CERTIFICATION OF THE CEO - SANTANDER BANCORP | g23375exv31w1.htm |
| EX-31.2 - EX-31.2 SECTION 302, CERTIFIATION OF THE CAO - SANTANDER BANCORP | g23375exv31w2.htm |
| EX-32.1 - EX-32.1 SECTION 906, CERTIFICATION OF THE CEO AND CAO - SANTANDER BANCORP | g23375exv32w1.htm |
Exhibit 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
| For the three months ended | ||||||||
| March 31, 2010 | March 31, 2009 | |||||||
Income before Taxes & Cumulative Effect of Change
In Accounting Principle |
$ | 31,232 | $ | (716 | ) | |||
Plus: Fixed Charges |
||||||||
Interest expense |
||||||||
Deposits |
8,653 | 28,037 | ||||||
Other |
10,168 | 16,245 | ||||||
Total |
18,821 | 44,282 | ||||||
Rent Expense |
1,242 | 1,305 | ||||||
Total Fixed Charges |
20,063 | 45,587 | ||||||
Earnings |
$ | 51,295 | $ | 44,871 | ||||
Ratio of Earnings to fixed charges |
||||||||
Including interest on deposits |
2.56 x | 0.98 x | ||||||
Excluding interest on deposits |
3.74 x | 0.96 x | ||||||