Exhibit (12)(b)

WACHOVIA CORPORATION AND SUBSIDIARIES
COMPUTATIONS OF CONSOLIDATED RATIOS OF EARNINGS TO FIXED CHARGES
AND PREFERRED STOCK DIVIDENDS

		Nine
		Months
		Ended
		September 30,			Years Ended December 31,
(In millions)		2006			2005		2004		2003		2002		2001
EXCLUDING INTEREST ON DEPOSITS
Pretax income from continuing operations		$	8,175			9,462		7,633		6,080		4,667		2,293
Fixed charges, excluding preferred stock dividends and capitalized interest			5,383			4,971		2,701		2,309		2,414		3,734
Earnings	(A)	$	13,558			14,433		10,334		8,389		7,081		6,027
Interest, excluding interest on deposits		$	5,171			4,711		2,474		2,113		2,247		3,581
One-third of rents			212			260		227		196		167		153
Preferred stock dividends			—			—		—		5		19		6
Capitalized interest			—			—		—		—		—		—
Fixed charges (a)	(B)	$	5,383			4,971		2,701		2,314		2,433		3,740
Consolidated ratios of earnings to fixed charges and preferred stock dividends, excluding interest on deposits	(A)/(B)		2.52	X		2.90		3.83		3.63		2.91		1.61
INCLUDING INTEREST ON DEPOSITS
Pretax income from continuing operations		$	8,175			9,462		7,633		6,080		4,667		2,293
Fixed charges, excluding preferred stock dividends and capitalized interest			11,435			10,268		5,554		4,669		5,844		8,478
Earnings	(C)	$	19,610			19,730		13,187		10,749		10,511		10,771
Interest, including interest on deposits		$	11,223			10,008		5,327		4,473		5,677		8,325
One-third of rents			212			260		227		196		167		153
Preferred stock dividends			—			—		—		5		19		6
Capitalized interest			—			—		—		—		—		—
Fixed charges (a)	(D)	$	11,435			10,268		5,554		4,674		5,863		8,484
Consolidated ratios of earnings to fixed charges and preferred stock dividends, including interest on deposits	(C)/(D)		1.71	X		1.92		2.37		2.30		1.79		1.27

(a) The amount of fixed charges do not include other obligations which exist under Financial Accounting Standards Board Interpretation No. 45, “Guarantor’s Accounting and Disclosure Requirements for Guarantees, Including Indirect Guarantees of Indebtedness of Others”.