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Exhibit 12.1

CALCULATION OF CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES

	Three Months Ended March 31,						Year Ended December 31,
(Dollars in thousands)	2010			2009			2009			2008		2007		2006		2005
Earnings:
(Loss) income before income taxes	$	(4,240	)	$	(9,007	)	$	(24,694	)	$	375	$	22,233	$	26,507	$	21,726
Fixed Charges:
Interest on deposits		2,364			4,030			13,462			20,035		24,211		19,588		12,849
Interest on notes payable to subsidiary grantor trusts, repurchase agreements, and other borrowings		613			851			2,864			4,409		2,801		2,937		3,058
Rent expense interest factor(1)		204			194			853			905		881		792		801
Total fixed charges:
Including interest on deposits	$	3,181		$	5,075		$	17,179		$	25,349	$	27,893	$	23,317	$	16,708
Excluding interest on deposits	$	817		$	1,045		$	3,717		$	5,314	$	3,682	$	3,729	$	3,859
Ratio of earnings to fixed charges:
Excluding interest on deposits		(4.19	)		(7.62	)		(5.64	)		1.07		7.04		8.11		6.63
Including interest on deposits		(0.33	)		(0.77	)		(0.44	)		1.01		1.80		2.14		2.30

(1)

This amount is the portion of rent expense (generally one-third) deemed representative of the interest factor.

        For purposes of calculating the ratios of earnings to fixed charges and preferred stock dividends, earnings consist of income (loss) before income taxes and fixed charges. Fixed charges consist of interest on subordinated debt, repurchase agreements and other borrowings, the proportion deemed representative of the interest factor within rent expense. These ratios are presented both including and excluding interest on deposits.

        The earnings coverage deficiency for the quarter ended March 31, 2010 was $4,240,000, both excluding and including interest on deposits.

CALCULATION OF CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES AND
PREFERRED STOCK DIVIDENDS

	Three Months Ended March 31,						Year Ended December 31,
(Dollars in thousands)	2010			2009			2009			2008		2007		2006
Earnings:
(Loss) income before income taxes	$	(4,240	)	$	(9,007	)	$	(24,694	)	$	375	$	22,233	$	26,507
Fixed Charges:
Interest on deposits		2,364			4,030			13,462			20,035		24,211		19,588
Interest on notes payable to subsidiary grantor trusts, repurchase agreements, and other borrowings		613			851			2,864			4,409		2,801		2,937
Preferred stock dividends		500			500			2,028			222		0		0
Rent expense interest factor(1)		204			194			853			905		881		792
Total fixed charges:
Including interest on deposits	$	3,681		$	5,575		$	19,207		$	25,571	$	27,893	$	23,317
Excluding interest on deposits	$	1,317		$	1,545		$	5,745		$	5,536	$	3,682	$	3,729
Ratio of earnings to fixed charges and preferred stock dividends:
Excluding interest on deposits		(2.22	)		(4.83	)		(3.30	)		1.07		7.04		8.11
Including interest on deposits		(0.15	)		(0.62	)		(0.29	)		1.01		1.80		2.14

(1)

This amount is the portion of rent expense (generally one-third) deemed representative of the interest factor.

        For purposes of calculating the ratios of earnings to fixed charges and preferred stock dividends, earnings consist of income (loss) before income taxes and fixed charges. Fixed charges consist of interest on subordinated debt, repurchase agreements and other borrowings, the proportion deemed representative of the interest factor within rent expense, and preferred stock dividends. These ratios are presented both including and excluding interest on deposits.

        The earnings coverage deficiency for the quarter ended March 31, 2010 was $4,240,000, both excluding and including interest on deposits.

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Exhibit 12.1