Exhibit 12

PrivateBancorp, Inc.

Computation of Ratio of Earnings to Fixed Charges

(Dollars in thousands)

	Nine Months Ended September 30,			Year Ended December 31,
	2016			2015			2014			2013			2012			2011
Earnings:
Income before income taxes	$	231,100		$	296,400		$	248,207		$	199,943		$	132,417		$	70,200
Fixed charges, excluding interest on deposits	17,787			20,691			27,699			30,462			24,289			23,947
Earnings before fixed charges, excluding interest on deposits	248,887			317,091			275,906			230,405			156,706			94,147
Interest on deposits	42,274			47,106			41,951			40,713			42,814			50,072
Earnings before fixed charges, including interest on deposits	$	291,161		$	364,197		$	317,857		$	271,118		$	199,520		$	144,219
Fixed Charges:
Interest expense, excluding interest on deposits	$	17,787		$	20,691		$	27,699		$	30,462		$	24,289		$	23,947
Interest on deposits	42,274			47,106			41,951			40,713			42,814			50,072
Total fixed charges, including interest on deposits	$	60,061		$	67,797		$	69,650		$	71,175		$	67,103		$	74,019
Fixed Charges and Preferred Stock Dividends:
Interest expense, excluding interest on deposits	$	17,787		$	20,691		$	27,699		$	30,462		$	24,289		$	23,947
Preferred stock dividends	—			—			—			—			13,368			13,690
Total fixed charges and preferred stock dividends, excluding interest on deposits	17,787			20,691			27,699			30,462			37,657			37,637
Interest on deposits	42,274			47,106			41,951			40,713			42,814			50,072
Total fixed charges and preferred stock dividends, including interest on deposits	$	60,061		$	67,797		$	69,650		$	71,175		$	80,471		$	87,709
Ratio of Earnings to Fixed Charges:
Excluding interest on deposits	13.99		x	15.33		x	9.96		x	7.56		x	6.45		x	3.93		x
Including interest on deposits	4.85		x	5.37		x	4.56		x	3.81		x	2.97		x	1.95		x
Ratio of Earnings to Fixed Charges and Preferred Stock Dividends:
Excluding interest on deposits	13.99		x	15.33		x	9.96		x	7.56		x	4.16		x	2.50		x
Including interest on deposits	4.85		x	5.37		x	4.56		x	3.81		x	2.48		x	1.64		x