STERLING FINANCIAL CORP /WA/ - FORM S-1 - EX-12.1 - STATEMENT REGARDING COMPUTATION OF RETURN ON AVERAGE COMMON SHAREHOLDERS' EQUITY

Attached files

file	filename
S-1 - REGISTRATION STATEMENT ON FORM S-1 - STERLING FINANCIAL CORP /WA/	ds1.htm
EX-4.3 - FORM OF SERIES B STOCK CERTIFICATE - STERLING FINANCIAL CORP /WA/	dex43.htm
EX-4.7 - FORM OF WARRANT TO PURCHASE SHARES - STERLING FINANCIAL CORP /WA/	dex47.htm
EX-4.4 - FORM OF SERIES D PREFERRED STOCK CERTIFICATE - STERLING FINANCIAL CORP /WA/	dex44.htm
EX-4.9 - AMENDED AND RESTATED WARRANT TO PURCHASE SHARES - STERLING FINANCIAL CORP /WA/	dex49.htm
EX-21.1 - LIST OF SUBSIDIARIES OF STERLING - STERLING FINANCIAL CORP /WA/	dex211.htm
EX-12.2 - STATEMENT REGARDING COMPUTATION OF RETURN ON AVERAGE ASSETS - STERLING FINANCIAL CORP /WA/	dex122.htm
EX-23.2 - CONSENT OF BDO USA, LLP, FORMERLY KNOWN AS BDO SEIDMAN, LLP - STERLING FINANCIAL CORP /WA/	dex232.htm
EX-12.3 - STATEMENT OF RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED DIVIDENDS - STERLING FINANCIAL CORP /WA/	dex123.htm
EX-4.8 - FORM OF WARRANT TO PURCHASE SHARES ISSUED TO WARBURG PINCUS PRIVATE EQUITY X, LP - STERLING FINANCIAL CORP /WA/	dex48.htm

EXHIBIT 12.1

STERLING FINANCIAL CORPORATION

COMPUTATION OF RETURN ON AVERAGE COMMON SHAREHOLDERS’ EQUITY

For the Year Ended December 31, 2009


Date	Shareholders’ Equity	Number of Days	YTD Weighted Average
01/01/2009	849,070,922	1	849,070,922
01/14/2009	849,071,366	13	11,037,927,755
01/15/2009	852,120,718	1	852,120,718
01/28/2009	852,121,115	13	11,077,574,491
01/30/2009	851,430,732	2	1,702,861,464
01/31/2009	851,430,732	1	851,430,732
02/01/2009	851,430,732	10	8,514,307,320
02/11/2009	851,430,969	4	3,405,723,878
02/15/2009	851,613,016	10	8,516,130,163
02/25/2009	851,613,972	2	1,703,227,944
02/27/2009	850,503,727	1	850,503,727
02/28/2009	850,523,727	1	850,523,727
03/01/2009	850,523,727	3	2,551,571,181
03/04/2009	850,527,222	7	5,953,690,554
03/11/2009	850,527,362	4	3,402,109,450
03/15/2009	826,852,990	3	2,480,558,971
03/18/2009	826,855,331	7	5,787,987,319
03/25/2009	826,855,730	6	4,961,134,379
03/31/2009	829,108,020	1	829,108,020
04/01/2009	829,108,069	7	5,803,756,481
04/08/2009	829,108,291	7	5,803,758,040
04/15/2009	828,400,117	7	5,798,800,821
04/22/2009	828,402,262	8	6,627,218,096
04/30/2009	827,182,576	1	827,182,576
05/01/2009	827,182,576	12	9,926,190,906
05/13/2009	827,183,064	2	1,654,366,127
05/15/2009	819,965,507	16	13,119,448,104
05/30/2009	818,248,380	1	818,248,380
06/01/2009	818,248,380	11	9,000,732,175
06/12/2009	818,248,481	3	2,454,745,442
06/15/2009	796,641,512	4	3,186,566,046
06/19/2009	796,641,656	11	8,763,058,211
06/30/2009	803,375,387	1	803,375,387
07/01/2009	803,375,387	7	5,623,627,706
07/08/2009	803,375,487	7	5,623,628,406
07/15/2009	794,828,584	15	11,922,428,753
07/30/2009	793,881,932	2	1,587,763,863
08/01/2009	793,881,932	4	3,175,527,726
08/05/2009	793,882,113	7	5,557,174,791
08/12/2009	793,882,352	3	2,381,647,056
08/15/2009	787,419,371	16	12,598,709,936
08/31/2009	786,257,039	1	786,257,039
09/01/2009	786,257,039	14	11,007,598,550
09/15/2009	341,860,116	1	341,860,116
09/16/2009	341,860,256	7	2,393,021,795
09/23/2009	341,860,356	7	2,393,022,491
09/30/2009	372,233,170	1	372,233,170

EXHIBIT 12.1, Continued


Date	Shareholders’ Equity	Number of Days	YTD Weighted Average
10/01/2009	372,233,170	13	4,839,031,209
10/14/2009	372,235,507	1	372,235,507
10/15/2009	325,952,991	6	1,955,717,944
10/21/2009	325,953,389	6	1,955,720,332
10/28/2009	325,956,097	3	977,868,291
10/30/2009	323,657,574	2	647,315,149
11/01/2009	323,657,574	3	970,972,723
11/04/2009	323,657,872	7	2,265,605,107
11/11/2009	323,658,163	4	1,294,632,651
11/15/2009	272,737,559	10	2,727,375,587
11/25/2009	272,737,589	5	1,363,687,947
11/30/2009	271,346,713	1	271,346,713
12/01/2009	271,346,713	8	2,170,773,707
12/09/2009	271,346,853	6	1,628,081,120
12/15/2009	39,838,999	1	39,838,999
12/16/2009	39,839,365	6	239,036,188
12/22/2009	39,839,365	1	39,839,365
12/23/2009	39,839,415	7	278,875,903
12/30/2009	39,839,445	1	39,839,445
12/31/2009	29,111,673	1	29,111,673
preferred	294,135,948

total equity	323,247,621

Cumulative total		365	240,636,416,465

Divide by number of days			365

Average common shareholders’ equity			659,277,853

Net income available to common shares outstanding			$(855,463,000)
Return on average common shareholders’ equity			-129.8%

EXHIBIT 12.1, Continued

STERLING FINANCIAL CORPORATION

COMPUTATION OF RETURN ON AVERAGE COMMON SHAREHOLDERS' EQUITY

For the Six Months Ended June 30, 2010


Date	Shareholders' Equity	Number of Days	YTD Weighted Average
01/01/2010	29,110,818	5	145,554,091
01/06/2010	29,110,856	7	203,775,992
01/13/2010	29,111,209	2	58,222,418
01/15/2010	14,536,685	12	174,440,219
01/27/2010	14,536,860	2	29,073,721
01/29/2010	14,536,860	1	14,536,860
01/30/2010	29,730,946	2	59,461,891
02/01/2010	29,730,946	2	59,461,891
02/03/2010	29,731,041	12	356,772,494
02/15/2010	(15,693,177)	2	(31,386,354)
02/17/2010	(15,692,611)	7	(109,848,279)
02/24/2010	(15,692,526)	4	(62,770,105)
02/28/2010	(19,809,611)	1	(19,809,611)
03/01/2010	(19,809,611)	2	(39,619,223)
03/03/2010	(19,808,701)	15	(297,130,517)
03/15/2010	(44,153,727)	2	(88,307,454)
03/17/2010	(44,151,762)	7	(309,062,332)
03/24/2010	(44,151,564)	4	(176,606,255)
03/31/2010	(49,205,017)	1	(49,205,017)
04/01/2010	(49,205,017)	1	(49,205,017)
04/14/2010	(49,203,632)	13	(639,647,214)
04/15/2010	(74,763,593)	1	(74,763,593)
04/21/2010	(74,763,395)	6	(448,580,368)
04/28/2010	(74,762,827)	7	(523,339,791)
04/30/2010	(70,622,260)	2	(141,244,520)
05/01/2010	(70,622,260)	4	(282,489,041)
05/05/2010	(70,617,547)	7	(494,322,831)
05/12/2010	(70,612,364)	3	(211,837,093)
05/15/2010	(94,706,282)	16	(1,515,300,516)
05/31/2010	(91,451,980)	1	(91,451,980)
06/01/2010	(91,451,980)	14	(1,280,327,723)
06/15/2010	(95,573,934)	15	(1,433,609,014)
06/30/2010	(102,084,000)	1	(102,084,000)
preferred	295,203,000

total equity	193,119,000

Cumulative total		181	(7,370,648,271)

Divide by number of days			181

Average common shareholders' equity			(40,721,814)

Net income available to common shares outstanding			$(147,000,000)
Return on average common shareholders' equity			n/a

STERLING FINANCIAL CORP /WA/ - FORM S-1 - EX-12.1 - STATEMENT REGARDING COMPUTATION OF RETURN ON AVERAGE COMMON SHAREHOLDERS' EQUITY - September 24, 2010

Attached files

STERLING FINANCIAL CORP /WA/ Reports