FIRST REPUBLIC PREFERRED CAPITAL CORP - FORM 10-Q - EX-12 - STATEMENT OF COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES. - May 12, 2011

Attached files

file	filename
10-Q - FORM 10-Q - FIRST REPUBLIC PREFERRED CAPITAL CORP	d10q.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302. - FIRST REPUBLIC PREFERRED CAPITAL CORP	dex312.htm
EX-32.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 906. - FIRST REPUBLIC PREFERRED CAPITAL CORP	dex322.htm
EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 906. - FIRST REPUBLIC PREFERRED CAPITAL CORP	dex321.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302. - FIRST REPUBLIC PREFERRED CAPITAL CORP	dex311.htm

EXHIBIT 12

FIRST REPUBLIC PREFERRED CAPITAL CORPORATION

(A Majority Owned Subsidiary of First Republic Bank)

STATEMENT OF COMPUTATION OF

RATIOS OF EARNINGS TO FIXED CHARGES


		Three Months Ended								Six Months Ended								Year Ended
($ in thousands)		Mar. 31, 2011				Mar. 31, 2010				Dec. 31, 2010				June 30, 2010				Dec. 31, 2009				Dec. 26, 2008				Dec. 28, 2007				Dec. 31, 2006
I. Earnings:
Net income		$	4,223			$	3,589			$	9,314			$	7,073			$	13,887			$	15,881			$	19,410			$	18,456
Fixed charges excluding preferred stock dividends			—				—				—				—				—				—				—				—

Earnings before fixed charges		$	4,223			$	3,589			$	9,314			$	7,073			$	13,887			$	15,881			$	19,410			$	18,456

II. Fixed charges:
Preferred stock dividends		$	2,531			$	2,531			$	5,063			$	5,062			$	10,181			$	10,125			$	13,540			$	14,252

III. Ratios of earnings to fixed charges			1.67x				1.42x				1.84x				1.40x				1.36x				1.57x				1.43x				1.30x