Attached files
| file | filename |
|---|---|
| EX-32.2 - EX-32.2 - CVB FINANCIAL CORP | d496441dex322.htm |
| EX-32.1 - EX-32.1 - CVB FINANCIAL CORP | d496441dex321.htm |
| EX-31.2 - EX-31.2 - CVB FINANCIAL CORP | d496441dex312.htm |
| EX-31.1 - EX-31.1 - CVB FINANCIAL CORP | d496441dex311.htm |
| EX-23 - EX-23 - CVB FINANCIAL CORP | d496441dex23.htm |
| EX-21 - EX-21 - CVB FINANCIAL CORP | d496441dex21.htm |
| EX-10.13 - EX-10.13 - CVB FINANCIAL CORP | d496441dex1013.htm |
| EX-10.12 - EX-10.12 - CVB FINANCIAL CORP | d496441dex1012.htm |
| 10-K - 10-K - CVB FINANCIAL CORP | d496441d10k.htm |
Exhibit 12
CVB Financial Corp.
Computation of Ratio of Earnings to Fixed Charges and Preferred Stock Dividends
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For the Year Ended December 31, |
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| 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||
| (Dollars in thousands) | ||||||||||||||||||||
| Earnings excluding interest on deposits (1): |
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| Earnings before income taxes |
$ | 188,795 | $ | 162,286 | $ | 151,366 | $ | 162,797 | $ | 144,275 | ||||||||||
| Fixed charges |
4,212 | 3,896 | 5,136 | 13,341 | 13,449 | |||||||||||||||
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| $ | 193,007 | $ | 166,182 | $ | 156,502 | $ | 176,138 | $ | 157,724 | |||||||||||
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| Fixed charges (1): |
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| Interest on borrowings |
$ | 2,252 | $ | 2,019 | $ | 3,305 | $ | 11,412 | $ | 11,620 | ||||||||||
| Amortization of debt expense |
- | - | - | - | - | |||||||||||||||
| Interest portion of rental expense |
1,960 | 1,877 | 1,831 | 1,929 | 1,829 | |||||||||||||||
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| $ | 4,212 | $ | 3,896 | $ | 5,136 | $ | 13,341 | $ | 13,449 | |||||||||||
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| Ratio of earnings to fixed charges, excluding interest on deposits |
45.82 | 42.65 | 30.47 | 13.20 | 11.73 | |||||||||||||||
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| Ratio of earnings to fixed charges and preferred dividends, excluding interest on deposits |
45.82 | 42.65 | 30.47 | 13.20 | 11.73 | |||||||||||||||
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| Earnings including interest on deposits (1): |
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| Earnings before income taxes |
$ | 188,795 | $ | 162,286 | $ | 151,366 | $ | 162,797 | $ | 144,275 | ||||||||||
| Fixed charges |
10,256 | 9,853 | 10,402 | 18,318 | 18,336 | |||||||||||||||
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| $ | 199,051 | $ | 172,139 | $ | 161,768 | $ | 181,115 | $ | 162,611 | |||||||||||
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| Fixed charges (1): |
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| Interest on deposits |
$ | 6,044 | $ | 5,957 | $ | 5,266 | $ | 4,977 | $ | 4,887 | ||||||||||
| Interest on borrowings |
2,252 | 2,019 | 3,305 | 11,412 | 11,620 | |||||||||||||||
| Amortization of debt expense |
- | - | - | - | - | |||||||||||||||
| Interest portion of rental expense |
1,960 | 1,877 | 1,831 | 1,929 | 1,829 | |||||||||||||||
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| $ | 10,256 | $ | 9,853 | $ | 10,402 | $ | 18,318 | $ | 18,336 | |||||||||||
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| Ratio of earnings to fixed charges, including interest on deposits |
19.41 | 17.47 | 15.55 | 9.89 | 8.87 | |||||||||||||||
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| Ratio of earnings to fixed charges and preferred dividends, including interest on deposits |
19.41 | 17.47 | 15.55 | 9.89 | 8.87 | |||||||||||||||
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(1) As defined in Item 503(d) of Regulation S-K.