Exhibit 12

CVB Financial Corp.

Computation of Ratio of Earnings to Fixed Charges and Preferred Stock Dividends

	For the Year ended December 31,
	2011		2010		2009		2008		2007
	(Dollars in thousands)
Earnings excluding interest on deposits (1):
Earnings Before Taxes	$	120,804	$	86,739	$	89,249	$	85,748	$	83,063
Fixed Charges		28,296		41,946		65,510		104,869		112,395
	$	149,100	$	128,685	$	154,759	$	190,617	$	195,458
Preferred Dividends (2):	$	—	$	—	$	5,827	$	774	$	—
Fixed charges (1):
Interest on borrowings	$	26,331	$	39,719	$	63,539	$	103,038	$	110,838
Amortization of debt expense		0		0		0		120		120
Interest portion of rental expense		1,965		2,227		1,971		1,711		1,437
	$	28,296	$	41,946	$	65,510	$	104,869	$	112,395
Ratio of earnings to fixed charges		5.27		3.07		2.36		1.82		1.74
Ratio of earnings to fixed charges and preferred dividends		5.27		3.07		2.27		1.81		1.74
Earnings including interest on deposits (1):
Earnings Before Taxes		120,804		86,739		89,249		85,748		83,063
Fixed Charges		37,004		60,199		90,466		140,670		181,692
		157,808		146,938		179,715		226,418		264,755
Preferred Dividends (2):	$	—	$	—	$	5,827	$	774	$	—
Fixed charges (1):
Interest on deposits		8,708		18,253		24,956		35,801		69,297
Interest on borrowings		26,331		39,719		63,539		103,038		110,838
Amortization of debt expense		0		0		0		120		120
Interest portion of rental expense		1,965		2,227		1,971		1,711		1,437
		37,004		60,199		90,466		140,670		181,692
Ratio of earnings to fixed charges		4.26		2.44		1.99		1.61		1.46
Ratio of earnings to fixed charges and preferred dividends		4.26		2.44		1.92		1.60		1.46

(1) As defined in Item 503(d) of Regulation S-K.

(2) The prefered dividends were increased to amounts representing the pretax earnings that would be required to cover such dividend requirements.