Exhibit 12

STATEMENT REGARDING COMPUTATION OF EARNINGS TO FIXED CHARGES AND PREFERRED DIVIDENDS

WHITNEY HOLDING CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED DIVIDENDS

	Years Ended December 31
(dollars in thousands)	2008		2007		2006		2005		2004
Net income	$	58,585	$	151,054	$	144,645	$	102,349	$	97,137
Income tax expense		19,138		74,310		69,164		43,007		43,198
Income before income taxes	$	77,723	$	225,364	$	213,809	$	145,356	$	140,335
Fixed charges:
Interest on short-term and other borrowings	$	28,625	$	33,314	$	23,085	$	16,534	$	6,017
Interest within rent expense (1)		3,661		3,262		2,510		1,714		1,402
Fixed charges excluding interest on deposits		32,286		367,576		25,595		18,248		7,419
Interest on deposits		91,596		163,000		122,075		64,452		34,665
Fixed charges including interest on deposits	$	123,882	$	199,576	$	147,670	$	82,700	$	42,084
Preferred dividends (2)		—		—		—		—		—
Earnings for ratio computations:
Excluding interest on deposits	$	51,424	$	261,940	$	239,404	$	163,604	$	147,754
Including interest on deposits	$	143,020	$	424,940	$	361,479	$	228,056	$	182,419
Ratio of earnings to fixed charges:
Excluding interest on deposits		3.41		7.16		9.35		8.97		19.92
Including interest on deposits		1.63		2.13		2.45		2.76		4.33
Ratio of earnings to fixed charges and preferred dividends:
Excluding interest on deposits		3.41		7.16		9.35		8.97		19.92
Including interest on deposits		1.63		2.13		2.45		2.76		4.33

(1)	Estimated to be one-third of rent expense.
(2)	The Series A Preferred Stock was issued on December 19, 2008, but no dividends were declared or paid in 2008. The first dividend payment will be $2,333 and the payment will be made on February 17, 2009.