Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - DORAL FINANCIAL CORP | g27146e10vq.htm |
| EX-32.1 - EX-32.1 - DORAL FINANCIAL CORP | g27146exv32w1.htm |
| EX-31.1 - EX-31.1 - DORAL FINANCIAL CORP | g27146exv31w1.htm |
| EX-31.2 - EX-31.2 - DORAL FINANCIAL CORP | g27146exv31w2.htm |
| EX-32.2 - EX-32.2 - DORAL FINANCIAL CORP | g27146exv32w2.htm |
| EX-12.2 - EX-12.2 - DORAL FINANCIAL CORP | g27146exv12w2.htm |
Exhibit 12.1
Doral Financial Corporation
Computation of Ratio of Earnings to Fixed Charges
Computation of Ratio of Earnings to Fixed Charges
| Quarter Ended | ||||
| March 31, 2011 | ||||
Including Interest on Deposits |
||||
Earnings: |
||||
Pre-tax income from continuing operations |
$ | 8,420 | ||
Plus: |
||||
Fixed Charges (excluding capitalized interest) |
51,513 | |||
Total Earnings |
$ | 59,933 | ||
Fixed Charges: |
||||
Interest expensed and capitalized |
$ | 50,557 | ||
Amortized premiums, discounts, and capitalized expenses related to indebtedness |
264 | |||
An estimate of the interest component within rental expense |
692 | |||
Total Fixed Charges |
$ | 51,513 | ||
Ratio of Earnings to Fixed Charges |
1.16 | |||
Excluding Interest on Deposits |
||||
Earnings: |
||||
Pre-tax income from continuing operations |
$ | 8,420 | ||
Plus: |
||||
Fixed Charges (excluding capitalized interest) |
24,614 | |||
Total Earnings |
$ | 33,034 | ||
Fixed Charges: |
||||
Interest expensed and capitalized |
$ | 23,658 | ||
Amortized premiums, discounts, and capitalized expenses related to indebtedness |
264 | |||
An estimate of the interest component within rental expense |
692 | |||
Total Fixed Charges |
$ | 24,614 | ||
Ratio of Earnings to Fixed Charges |
1.34 | |||