EX-12 4 dex12.htm STATEMENT RE COMPUTATION OF RATIOS Prepared by R.R. Donnelley Financial -- Statement re Computation of Ratios
EXHIBIT 12
 
BAY VIEW CAPITAL CORPORATION
COMPUTATION OF RATIOS OF EARNINGS (LOSS) TO FIXED CHARGES
 
    
Year Ended
  
    
12/31/2001
     
12/31/2000
  
Earnings:
              
Loss before income tax benefit
   
(187,036
)
   
(382,007
)
Add:
              
Interest on advances and other borrowings
   
54,535
 
   
127,139
 
Interest component of rental expense
   
2,146
 
   
2,497
 
    
  
Loss before fixed charges excluding interest on customer deposits
   
(130,355
)
   
(252,371
)
Interest on customer deposits
   
135,736
 
   
176,602
 
    
  
Earnings (loss) before fixed charges
   
5,381
 
   
(75,769
)
    
  
Fixed Charges:
              
Interest on advances and other borrowings
   
54,535
 
   
127,139
 
Interest component of rental expense
   
2,146
 
   
2,497
 
    
  
Fixed charges excluding interest on customer deposits
   
56,681
 
   
129,636
 
Interest on customer deposits
   
135,736
 
   
176,602
 
    
  
Total fixed charges
   
192,417
 
   
306,238
 
    
  
Ratio of earnings (loss) to fixed charges including interest on customer deposits
   
0.03
 
   
(0.25
)
Ratio of loss to fixed charges excluding interest on customer deposits
   
(2.30
)
   
(1.95
)