NYCB 2017 Annual Report

151 EXHIBIT 12.0 STATEMENT RE: RATIO OF EARNINGS TO FIXED CHARGES Years Ended December 31, (dollars in thousands) 2017 2016 2015 Including Interest Paid on Deposits: Earnings (loss) before income taxes $ 668,215 $ 777,128 $(132,013) Combined fixed charges: Interest expense on deposits 229,782 171,023 160,149 Interest expense on borrowed funds 222,454 216,464 349,604 Appropriate portion (1/3) of rent expenses 11,219 11,081 11,206 Total fixed charges $ 463,455 $ 398,568 $ 520,959 Earnings before income taxes and fixed charges $1,131,670 $1,175,696 $ 388,946 Ratio of earnings to fixed charges 2.44x 2.95 x 0.75x Excluding Interest Paid on Deposits: Earnings (loss) before income taxes $ 668,215 $ 777,128 $(132,013) Combined fixed charges: Interest expense on borrowed funds 222,454 216,464 349,604 Appropriate portion (1/3) of rent expenses 11,219 11,081 11,206 Total fixed charges $ 233,673 $ 227,545 $ 360,810 Earnings before income taxes and fixed charges $ 901,888 $1,004,673 $ 228,797 Ratio of earnings to fixed charges 3.86x 4.42 x 0.63x