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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)	2013		2012		2012		2011		2010			2009
Earnings:
Income (loss) before income taxes	$	3,035	$	3,026	$	14,203	$	10,537	$	(61,623	)	$	(24,694	)
Fixed Charges:
Interest on deposits	$	625	$	716	$	2,800	$	3,942	$	8,086		$	13,462
Interest on notes payable to subsidiary grantor trusts, repurchase agreements, and other borrowings		89		474		1,387		1,933		2,426			2,864
Rent expense interest factor(1)		249		230		912		922		909			853
Total fixed charges:
Including interest on deposits	$	963	$	1,420	$	5,099	$	6,797	$	11,421		$	17,179
Excluding interest on deposits	$	338	$	704	$	2,299	$	2,855	$	3,335		$	3,717
Ratio of earnings (loss) to fixed charges:
Excluding interest on deposits		9.98		5.30		7.18		4.69		(17.48	)		(5.64	)
Including interest on deposits		4.15		3.13		3.79		2.55		(4.40	)		(0.44	)

(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 for the three months ended March 31, 2013 was $3,035,000, 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)	2013		2012		2012		2011		2010			2009
Earnings:
Income (loss) before income taxes	$	3,035	$	3,026	$	14,203	$	10,537	$	(61,623	)	$	(24,694	)
Fixed Charges:
Interest on deposits	$	625		716	$	2,800	$	3,942	$	8,086		$	13,462
Interest on notes payable to subsidiary grantor trusts, repurchase agreements, and other borrowings		89		474		1,387		1,933		2,426			2,864
Preferred stock dividends		—		373		373		1,939		2,027			2,028
Rent expense interest factor(1)		249		230		912		922		909			853
Total fixed charges:
Including interest on deposits	$	963	$	1,793	$	5,472	$	8,736	$	13,448		$	19,207
Excluding interest on deposits	$	338	$	1,077	$	2,672	$	4,794	$	5,362		$	5,745
Ratio of earnings (loss) to fixed charges and preferred stock dividends:
Excluding interest on deposits		9.98		3.81		6.32		3.20		(10.49	)		(3.30	)
Including interest on deposits		4.15		2.69		3.60		2.21		(3.58	)		(0.29	)

(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 for the three months ended March 31, 2013 was $3,035,000, both excluding and including interest on deposits.

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Exhibit 12.1

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