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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) January 11, 1994
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Wachovia Corporation
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(Exact name of registrant as specified in its charter)
North Carolina 1-9021 56-1473727
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
301 North Main Street, Winston-Salem, North Carolina 27150
191 Peachtree Street, N.E., Atlanta, Georgia 30303
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 919-770-5000, 404-332-5000
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Item 5. Other Events
Wachovia Corporation (the "Corporation") is filing this Current Report
on Form 8-K so as to file with the Securities and Exchange Commission an
Exhibit that is to be incorporated by reference as an exhibit to its
Registration Statement on Form S-3 (Registration No. 33-59206).
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
12 Statement setting forth computation of Ratios of
Earnings to Fixed Charges
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
WACHOVIA CORPORATION
(Registrant)
Date: January 12, 1994 By: /s/ ROBERT S. MCCOY, JR.
Robert S. McCoy, Jr.
Executive Vice President
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EXHIBIT INDEX
Exhibit Number and Description Page
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12 Statement setting forth computation of Ratios of
Earnings to Fixed Charges
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EXHIBIT 12
WACHOVIA CORPORATION
RATIO OF EARNINGS TO FIXED CHARGES
Nine Months
Ended
September 30,
1993
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(A) Excluding interest on
deposits:
Earnings:
Income before income taxes....... $ 519,451
Fixed charges.................... 207,151
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Earnings as adjusted...... $ 726,602
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Fixed charges:
Interest on purchased and
other short-term borrowed
funds.......................... $ 168,842
Interest on long-term debt....... 27,409
Portion of rents
representative of the
interest factor (1/3) of
rental expenses................ 10,900
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Fixed charges............. $ 207,151
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Ratio of earnings to fixed
charges.......................... 3.51x
(B) Including Interest on
deposits:
Adjusted earnings from (A)
above............................ $ 726,602
Add interest on deposits.......... 424,929
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Earnings as adjusted.............. $ 1,151,531
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Fixed charges:
Fixed charges from (A) above..... $ 207,151
Interest on deposits............. 424,929
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Adjusted fixed charges............. $ 632,080
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Adjusted earnings to adjusted
fixed charges.................... 1.82x
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