Exhibit (12)(b)

Wachovia Preferred Funding Corp. and Subsidiaries

Computation of Consolidated Ratios of Earnings to Fixed Charges and Preferred Dividends

	Quarter ended Sept. 30,				Nine months ended Sept. 30,
(in thousands)	2013		2012		2013		2012
Excluding interest on deposits (1)
Income before income taxes	$	192,554		139,125		499,086		471,355
Fixed charges, excluding preferred dividends and capitalized interest		396		-		794		-
Earnings	$	192,950		139,125		499,880		471,355
Interest expense	$	396		-		794		-
Estimated interest component of net rental expense		-		-		-		-
Preferred dividends		45,569		48,010		137,303		145,744
Capitalized interest		-		-		-		-
Fixed charges and preferred dividends	$	45,965		48,010		138,097		145,744
Consolidated ratios of earnings to fixed charges and preferred dividends (2)		4.20		2.90		3.62		3.23

(1) As defined in Item 503(d) of Regulation S-K.

(2) These computations are included herein in compliance with Securities and Exchange Commission regulations. However, management believes that fixed charge ratios are not meaningful measures for the business of Wachovia Funding. For example, even if there was no change in net income, the ratios would decline if interest income and interest expense increase by the same amount due to an increase in the level of interest rates or, conversely, they would increase if interest income and interest expense decrease by the same amount due to a decrease in the level of interest rates.