Attached files
| file | filename |
|---|---|
| EX-31.2 - STERLING BANCORP | i00056_ex31-2.htm |
| 10-K - STERLING BANCORP | i00056_sterling-10k.htm |
| EX-21 - STERLING BANCORP | i00056_ex21.htm |
| EX-32 - STERLING BANCORP | i00056_ex32.htm |
| EX-11 - STERLING BANCORP | i00056_ex11.htm |
| EX-99.2 - STERLING BANCORP | i00056_ex99-2.htm |
| EX-23.2 - STERLING BANCORP | i00056_ex23-2.htm |
| EX-99.1 - STERLING BANCORP | i00056_ex99-1.htm |
| EX-31.1 - STERLING BANCORP | i00056_ex31-1.htm |
| EX-23.1 - STERLING BANCORP | i00056_ex23-1.htm |
| EX-10 - STERLING BANCORP | i00056_ex10iii-jb.htm |
| EX-10 - STERLING BANCORP | i00056_ex10iii-ja.htm |
EXHIBIT 12
STERLING BANCORP AND SUBSIDIARIES
STATEMENT RE COMPUTATION OF RATIOS
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Years Ended December 31, |
|
|||||||
|
|
|
|
|
|||||||
|
|
|
2010 |
|
2009 |
|
2008 |
|
|||
|
|
|
|
|
|
|
|
|
|||
|
Fixed Charges and Preferred Dividends: |
|
|
|
|
|
|
|
|
|
|
|
Interest expense |
|
$ |
15,582 |
|
$ |
19,295 |
|
$ |
33,388 |
|
|
Capitalized debt expense trust preferred |
|
|
44 |
|
|
44 |
|
|
44 |
|
|
Estimated interest in rent |
|
|
1,738 |
|
|
1,551 |
|
|
1,605 |
|
|
Pre-tax amount of preferred dividends |
|
|
3,384 |
|
|
4,217 |
|
|
160 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed charges and preferred charges (B) |
|
|
20,748 |
|
|
25,107 |
|
|
35,197 |
|
|
Less interest on deposits |
|
|
(9,588 |
) |
|
(11,889 |
) |
|
(21,508 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed charges and preferred dividends excluding interest on deposits (D) |
|
$ |
11,160 |
|
$ |
13,218 |
|
$ |
13,689 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings: |
|
|
|
|
|
|
|
|
|
|
|
Pre-tax income from continuing operations |
|
$ |
9,184 |
|
$ |
14,330 |
|
$ |
25,182 |
|
|
Fixed charges and preferred dividends |
|
|
20,748 |
|
|
25,107 |
|
|
35,197 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total earnings (A) |
|
|
29,932 |
|
|
39,437 |
|
|
60,379 |
|
|
Less interest on deposits |
|
|
(9,588 |
) |
|
(11,889 |
) |
|
(21,508 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total earnings excluding interest on deposits (C) |
|
$ |
20,344 |
|
$ |
27,548 |
|
$ |
38,871 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratio of earnings to fixed charges |
|
|
|
|
|
|
|
|
|
|
|
Including interest on deposits (A)/(B) |
|
|
1.44 |
x |
|
1.57 |
x |
|
1.72 |
x |
|
Excluding interest on deposits (C)/(D) |
|
|
1.82 |
x |
|
2.08 |
x |
|
2.84 |
x |