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10-Q - FORM 10-Q - FIRST REPUBLIC PREFERRED CAPITAL CORPfrcco10q1q2012.htm
EXCEL - IDEA: XBRL DOCUMENT - FIRST REPUBLIC PREFERRED CAPITAL CORPFinancial_Report.xls
EX-31.1 - CERTIFICATION PURSUANT TO SECTION 302 - FIRST REPUBLIC PREFERRED CAPITAL CORPfrccoex3111q2012.htm
EX-31.2 - CERTIFICATION PURSUANT TO SECTION 302 - FIRST REPUBLIC PREFERRED CAPITAL CORPfrccoex3121q2012.htm
EX-32.1 - CERTIFICATION PURSUANT TO SECTION 906 - FIRST REPUBLIC PREFERRED CAPITAL CORPfrccoex3211q2012.htm
EX-32.2 - CERTIFICATION PURSUANT TO SECTION 906 - FIRST REPUBLIC PREFERRED CAPITAL CORPfrccoex3221q2012.htm
EX-3.1 - RESTATED ARTICLES OF INCORPORATION OF FIRST REPUBLIC PREFERRED CAPITAL CORPORATION - FIRST REPUBLIC PREFERRED CAPITAL CORPfrccoex311q2012.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
 
Year
Ended
 
Six Months Ended
 
Year Ended
($ in thousands)
Mar. 31,
2012
 
Mar. 31,
2011
 
Dec. 31,
2011
 
Dec. 31, 2010
 
June 30, 2010
 
Dec. 31, 2009
 
Dec. 26, 2008
 
Dec. 28, 2007
I. Earnings:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
$
3,840

 
$
4,223

 
$
17,329

 
$
9,314

 
$
7,073

 
$
13,887

 
$
15,881

 
$
19,410

 Fixed charges excluding dividends on preferred stock and other

 

 

 

 

 

 

 

Earnings before fixed charges
$
3,840

 
$
4,223

 
$
17,329

 
$
9,314

 
$
7,073

 
$
13,887

 
$
15,881

 
$
19,410

II. Fixed charges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Dividends on preferred stock
and other
$
3,173

 
$
2,531

 
$
10,125

 
$
5,063

 
$
5,062

 
$
10,181

 
$
10,125

 
$
13,540

III. Ratios of earnings to fixed charges
1.21x

 
1.67x

 
1.71x

 
1.84x

 
1.40x

 
1.36x

 
1.57x

 
1.43x