Attached files
| file | filename |
|---|---|
| S-1/A - FORM S-1 (AMENDMENT NO. 3) - UNITED COMMUNITY BANKS INC | t72599_s1a.htm |
| EX-8 - EXHIBIT 8 - UNITED COMMUNITY BANKS INC | ex8.htm |
| EX-5 - EXHIBIT 5 - UNITED COMMUNITY BANKS INC | ex5.htm |
| EX-23.1 - EXHIBIT 23.1 - UNITED COMMUNITY BANKS INC | ex23-1.htm |
Exhibit 12
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UNITED COMMUNITY BANKS, INC.
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RATIO OF EARNINGS TO FIXED CHARGES (Regulation S-K 503 (d))
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09/30/11
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09/30/10
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12/31/10
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12/31/09
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12/31/08
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12/31/07
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12/31/06
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EARNINGS
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| + |
Pre-tax income from continuing operations
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(236,943 | ) | (403,451 | ) | (432,292 | ) | (319,499 | ) | (101,811 | ) | 88,974 | 107,777 | ||||||||||||||
| + |
Fixed charges
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66,956 | 91,430 | 116,686 | 176,574 | 230,528 | 277,614 | 209,871 | |||||||||||||||||||
| + |
Amortization of capitalized interest
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- | - | - | - | - | - | - | |||||||||||||||||||
| - |
Capitalized interest
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- | - | - | - | - | - | - | |||||||||||||||||||
| - |
Preferred Series A dividends (pre-tax equivalent)
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(15 | ) | (15 | ) | (20 | ) | (22 | ) | (24 | ) | (28 | ) | (30 | ) | ||||||||||||
| - |
Preferred Series B dividends (pre-tax equivalent)
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(10,413 | ) | (10,385 | ) | (13,846 | ) | (13,846 | ) | (962 | ) | - | - | ||||||||||||||
| + |
Preferred Series B accretion (pre-tax equivalent)
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(1,582 | ) | (1,492 | ) | (2,004 | ) | (1,890 | ) | (127 | ) | - | - | ||||||||||||||
| - |
Preferred Series D dividends (pre-tax equivalent)
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(1,548 | ) | - | - | - | - | - | - | ||||||||||||||||||
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Total earnings
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(183,545 | ) | (323,913 | ) | (331,476 | ) | (158,683 | ) | 127,604 | 366,560 | 317,618 | ||||||||||||||||
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Interest on deposits
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39,854 | 65,084 | 81,732 | 141,377 | 198,301 | 229,591 | 169,297 | ||||||||||||||||||||
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Total earnings exc. deposit int.
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(223,399 | ) | (388,997 | ) | (413,208 | ) | (300,060 | ) | (70,697 | ) | 136,969 | 148,321 | |||||||||||||||
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FIXED CHARGES
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| + |
Interest expensed
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52,820 | 78,988 | 100,071 | 159,734 | 228,265 | 276,434 | 208,815 | |||||||||||||||||||
| + |
Interest capitalized
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- | - | - | - | - | - | - | |||||||||||||||||||
| + |
Interest included in rental expense
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578 | 550 | 745 | 1,082 | 1,150 | 1,152 | 1,026 | |||||||||||||||||||
| + |
Preferred Series A dividends (pre-tax equivalent)
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15 | 15 | 20 | 22 | 24 | 28 | 30 | |||||||||||||||||||
| + |
Preferred Series B dividends (pre-tax equivalent)
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10,413 | 10,385 | 13,846 | 13,846 | 962 | - | - | |||||||||||||||||||
| + |
Preferred Series B accretion (pre-tax equivalent)
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1,582 | 1,492 | 2,004 | 1,890 | 127 | - | - | |||||||||||||||||||
| + |
Preferred Series D dividends (pre-tax equivalent)
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1,548 | - | - | - | - | - | - | |||||||||||||||||||
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Total fixed charges
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66,956 | 91,430 | 116,686 | 176,574 | 230,528 | 277,614 | 209,871 | ||||||||||||||||||||
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Interest on deposits
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39,854 | 65,084 | 81,732 | 141,377 | 198,301 | 229,591 | 169,297 | ||||||||||||||||||||
| - |
Total fixed charges exc. deposit int.
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27,102 | 26,346 | 34,954 | 35,197 | 32,227 | 48,023 | 40,574 | |||||||||||||||||||
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RATIO OF EARNINGS TO FIXED CHARGES
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Including interest on deposits
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(2.74 | ) x | (3.54 | ) x | (2.84 | ) x | (.90 | ) x | .55 | x | 1.32 | x | 1.51 | x | |||||||||||||
| Excluding interest on deposits | (8.24 | ) x | (14.76 | ) x | (11.82 | ) x | (8.53 | ) x | (2.19 | ) x | 2.85 | 3.66 | x | ||||||||||||||
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DEFICIENCY (503(d) 1(A)) with deposit int
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250,501 | 415,343 | 448,162 | 335,257 | 102,924 | - | - | ||||||||||||||||||||
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DEFICIENCY (503(d) 1(A)) without deposit int
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250,501 | 415,343 | 448,162 | 335,257 | 102,924 | - | - | ||||||||||||||||||||