SYNOVUS FINANCIAL CORP - FORM 10-K - EX-12 - March 1, 2010

Attached files

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10-K - FORM 10-K - SYNOVUS FINANCIAL CORPg22186e10vk.htm
EX-32 - EX-32 - SYNOVUS FINANCIAL CORPg22186exv32.htm
EX-31.2 - EX-31.2 - SYNOVUS FINANCIAL CORPg22186exv31w2.htm
EX-99.2 - EX-99.2 - SYNOVUS FINANCIAL CORPg22186exv99w2.htm
EX-23.1 - EX-23.1 - SYNOVUS FINANCIAL CORPg22186exv23w1.htm
EX-99.3 - EX-99.3 - SYNOVUS FINANCIAL CORPg22186exv99w3.htm
EX-31.1 - EX-31.1 - SYNOVUS FINANCIAL CORPg22186exv31w1.htm
EX-10.9 - EX-10.9 - SYNOVUS FINANCIAL CORPg22186exv10w9.htm
EX-99.1 - EX-99.1 - SYNOVUS FINANCIAL CORPg22186exv99w1.htm
EX-10.39 - EX-10.39 - SYNOVUS FINANCIAL CORPg22186exv10w39.htm
EX-21.1 - EX-21.1 - SYNOVUS FINANCIAL CORPg22186exv21w1.htm
EX-10.37 - EX-10.37 - SYNOVUS FINANCIAL CORPg22186exv10w37.htm
Exhibit 12
SYNOVUS FINANCIAL CORP.
RATIO OF EARNINGS TO FIXED CHARGES
                                         
    Year Ended December 31,  
(in thousands)   2009     2008     2007     2006     2005  
Ratio 1 — Including Interest on Deposits Earnings:
                                        
Income (loss) from continuing operations before income taxes
     (1,605,908 )     (660,806 )     520,035       638,335       559,425  
Fixed charges
     506,873       787,227       1,095,972       895,696       535,408  
 
                              
Total
     (1,099,035 )     126,421       1,616,007       1,534,031       1,094,833  
       
 
                              
Fixed Charges:
                                        
Interest on deposits
     456,247       667,453       912,472       746,669       408,405  
Interest on short-term borrowings
     3,841       38,577       92,970       72,958       34,342  
Interest on long-term debt
     38,791       73,657       84,014       71,050       88,299  
Portion of rents representative of the interest factor (1/3) of expense
     7,994       7,540       6,516       5,019       4,362  
 
                              
Total fixed charges
     506,873       787,227       1,095,972       895,696       535,408  
 
                              
       
Ratio of earnings to fixed charges
     (2.17x )     0.16x       1.47x       1.71x       2.04x  
       
Ratio 1 — Excluding Interest on Deposits Earnings:
                                        
Income (loss) from continuing operations before income taxes
     (1,605,908 )     (660,806 )     520,035       638,335       559,425  
Fixed charges
     50,626       119,774       183,500       149,027       127,003  
 
                              
Total
     (1,555,282 )     (541,032 )     703,535       787,362       686,428  
       
 
                              
Fixed Charges:
                                        
Interest on short-term borrowings
     3,841       38,577       92,970       72,958       34,342  
Interest on long-term debt
     38,791       73,657       84,014       71,050       88,299  
Portion of rents representative of the interest factor (1/3) of expense
     7,994       7,540       6,516       5,019       4,362  
 
                              
Total fixed charges
     50,626       119,774       183,500       149,027       127,003  
       
 
                              
Ratio of earnings to fixed charges
     (30.72x )     (4.52x )     3.83x       5.28x       5.40x  

SYNOVUS FINANCIAL CORP Reports