EX-12.1 4 file4.htm STATEMENTS REGARDING COMPUTATION OF RATIOS

Exhibit 12.1

Statement Setting Forth Computation Showing the Ratio
of Earnings to Combined Fixed Charges and Preferred Dividends


  Three Months Ended          
  2007 2006 2006 2005 2004 2003 2002
Earnings              
Income from Continuing Operations $ 7,149 $ 6,470 $ 25,032 $ 23,496 $ 21,969 $ 18,771 $ 13,205
Add: Interest 1,955 2,129 8,287 8,502 8,113 8,094 5,584
TOTAL EARNINGS 9,104 $ 8,599 $ 33,319 $ 31,998 $ 30,082 $ 26,865 $ 18,789
Fixed Charges              
Interest Expense $ 1,955 $ 2,129 $ 8,287 $ 8,502 $ 8,113 $ 8,094 $ 5,584
Preferred Stock Dividends 2,336 2,336 9,342 7,009 4,749 2,794 1,498
TOTAL FIXED CHARGES $ 4,291 $ 4,465 $ 17,629 $ 15,511 $ 12,862 $ 10,888 $ 7,082
Ratio of Earnings to Fixed Charges 4.66 4.03 4.02 3.76 3.71 3.32 3.36
Ratio of Earnings to Combined Fixed Charges and Preferred Dividends 2.12 1.93 1.89 2.06 2.34 2.47 2.65