BBVA Compass Bancshares, Inc.

Statement of Computation of Ratios of Earnings to Fixed Charges

(amounts in thousands, except ratio data)

	Fiscal Year
	2014			2013			2012			2011			2010
Excluding Interest on Deposits
Earnings:
Income (loss) before income taxes	$	615,863		$	590,750		$	698,712		$	(1,639,189	)	$	(276,616	)
Fixed charges		103,869			93,674			93,491			85,687			121,736
Preference security dividend of consolidated subsidiary		(2,725	)		(2,917	)		(3,023	)		(3,262	)		(3,220	)
Total	$	717,007		$	681,507		$	789,180		$	(1,556,764	)	$	(158,100	)
Fixed charges:
Interest on FHLB and other borrowings	$	68,957		$	66,275		$	66,014		$	57,892		$	91,445
Interest on federal funds purchased and securities sold under agreements to repurchase		2,302			2,082			2,783			3,828			5,195
Interest on other short term borrowings		5,318			118			113			48			123
Preference security dividend of consolidated subsidiary		2,725			2,917			3,023			3,262			3,220
Portion of rents representative of the interest factor of expense		24,567			22,282			21,558			20,657			21,753
Total fixed charges	$	103,869		$	93,674		$	93,491		$	85,687		$	121,736
Ratio of earnings to fixed charges, excluding interest on deposits		6.90x			7.28x			8.44x			(18.17)x			(1.30)x
Including Interest on Deposits
Earnings:
Income (loss) before income taxes	$	615,863		$	590,750		$	698,712		$	(1,639,189	)	$	(276,616	)
Fixed charges		355,783			305,774			286,135			304,644			419,306
Preference security dividend of consolidated subsidiary		(2,725	)		(2,917	)		(3,023	)		(3,262	)		(3,220	)
Total	$	968,921		$	893,607		$	981,824		$	(1,337,807	)	$	139,470
Fixed charges:
Interest on deposits	$	251,914		$	212,100		$	192,644		$	218,957		$	297,570
Interest on FHLB and other borrowings		68,957			66,275			66,014			57,892			91,445
Interest on federal funds purchased and securities sold under agreements to repurchase		2,302			2,082			2,783			3,828			5,195
Interest on other short term borrowings		5,318			118			113			48			123
Preference security dividend of consolidated subsidiary		2,725			2,917			3,023			3,262			3,220
Portion of rents representative of the interest factor of expense		24,567			22,282			21,558			20,657			21,753
Total fixed charges	$	355,783		$	305,774		$	286,135		$	304,644		$	419,306
Ratio of earnings to fixed charges, including interest on deposits		2.72x			2.92x			3.43x			(4.39)x			0.33x