EX-12 6 c61825ex12.txt COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES 1 EXHIBIT 12 STATEMENT RE COMPUTATION OF RATIOS ASSOCIATED BANC-CORP Computation of the Ratio of Earnings to Fixed Charges ($ in Thousands)
YEARS ENDED DECEMBER 31, --------------------------------------------------------- 2000 1999 1998 1997 1996 --------- --------- --------- --------- --------- Earnings: Income before income taxes $ 229,821 $ 237,316 $ 232,963 $ 116,268 $ 165,189 Fixed charges, excluding interest on deposits 169,529 106,379 67,085 75,522 56,478 Fixed charges, including interest on deposits 549,421 420,454 412,477 412,965 377,393 Adjusted earnings, excluding interest on deposits 399,350 343,695 300,048 191,790 221,667 Adjusted earnings, including interest on deposits 779,242 657,770 645,440 529,233 542,582 Fixed Charges: Total interest expense $ 547,590 $ 418,775 $ 411,028 $ 411,637 $ 375,922 Interest on deposits 379,892 314,075 345,392 337,443 320,915 Interest expense component of net rent expense 1,831 1,679 1,449 1,328 1,471 Fixed charges, excluding interest on deposits 169,529 106,379 67,085 75,522 56,478 Fixed charges, including interest on deposits 549,421 420,454 412,477 412,965 377,393 Ratio of Earnings to Fixed Charges: Excluding interest on deposits 2.36x 3.23x 4.47x 2.54x 3.92x Including interest on deposits 1.42 1.56 1.56 1.28 1.44