Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - CITIZENS REPUBLIC BANCORP, INC. | k48917e10vk.htm |
| EX-21 - EX-21 - CITIZENS REPUBLIC BANCORP, INC. | k48917exv21.htm |
| EX-23 - EX-23 - CITIZENS REPUBLIC BANCORP, INC. | k48917exv23.htm |
| EX-31.2 - EX-31.2 - CITIZENS REPUBLIC BANCORP, INC. | k48917exv31w2.htm |
| EX-32.2 - EX-32.2 - CITIZENS REPUBLIC BANCORP, INC. | k48917exv32w2.htm |
| EX-99.2 - EX-99.2 - CITIZENS REPUBLIC BANCORP, INC. | k48917exv99w2.htm |
| EX-99.1 - EX-99.1 - CITIZENS REPUBLIC BANCORP, INC. | k48917exv99w1.htm |
| EX-32.1 - EX-32.1 - CITIZENS REPUBLIC BANCORP, INC. | k48917exv32w1.htm |
| EX-31.1 - EX-31.1 - CITIZENS REPUBLIC BANCORP, INC. | k48917exv31w1.htm |
| EX-10.55 - EX-10.55 - CITIZENS REPUBLIC BANCORP, INC. | k48917exv10w55.htm |
| EX-10.56 - EX-10.56 - CITIZENS REPUBLIC BANCORP, INC. | k48917exv10w56.htm |
Exhibit 12.1
(Form 10-K)
(Form 10-K)
Consolidated Ratio of Earnings to Combined Fixed Charges and Preferred Dividends
| 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||
(Loss) income before income tax |
$ | (544,187 | ) | $ | (322,082 | ) | $ | 132,147 | $ | 82,655 | $ | 112,106 | ||||||||
Preferred stock dividend |
(13,875 | ) | — | — | — | — | ||||||||||||||
(Loss) income available to common shareholders, before income tax |
(558,062 | ) | (322,082 | ) | 132,147 | 82,655 | 112,106 | |||||||||||||
Fixed charges: |
||||||||||||||||||||
Interest on short-term borrowings |
227 | 8,191 | 34,700 | 16,017 | 25,929 | |||||||||||||||
Interest on long-term debt |
91,286 | 122,905 | 133,838 | 46,083 | 36,417 | |||||||||||||||
Estimated interest component of net rental expense |
1,832 | 1,992 | 2,258 | 1,120 | 1,196 | |||||||||||||||
Preferred stock dividend requirements |
13,875 | — | — | — | — | |||||||||||||||
Combined fixed charges and preferred stock dividends, excluding interest on deposits |
107,220 | 133,088 | 170,796 | 63,220 | 63,542 | |||||||||||||||
Interest on deposits |
159,798 | 220,883 | 257,194 | 147,132 | 85,154 | |||||||||||||||
Combined fixed charges and preferred stock dividends, including interest on deposits |
$ | 267,018 | $ | 353,971 | $ | 427,990 | $ | 210,352 | $ | 148,696 | ||||||||||
Ratio of earnings to combined fixed charges and preferred stock dividend requirements: |
||||||||||||||||||||
Excluding interest on deposits |
— | (1) | — | (1) | 1.77 | 2.31 | 2.76 | |||||||||||||
Including interest on deposits |
— | (1) | 0.09 | (1) | 1.31 | 1.39 | 1.75 | |||||||||||||
| (1) | For the years ended December 31, 2009 and 2008, earnings were insufficient to cover fixed charges by $558.1 million and $332.1 million, respectively. |