Exhibit 12.1

Synovus Financial Corp.
Ratio of Earnings to Fixed Charges
(in thousands)

	Nine Months
	Ended September		Year Ended December 31,
	30, 2008		2007		2006		2005		2004		2003
Ratio 1 — Including Interest on Deposits
Earnings:
Income from continuing operations before income taxes		81,713		527,674		645,538		563,340		489,979		426,295
Minority interest		6,347		—		—		—		—		—
Fixed charges		602,955		1,095,972		895,696		535,408		303,451		302,604
Total		691,015		1,623,646		1,541,234		1,098,748		793,430		728,899
Fixed Charges:
Interest on deposits		505,340		912,472		746,669		408,405		216,682		217,726
Interest on short-term borrowings		36,602		92,970		72,958		34,342		20,236		12,412
Interest on long-term debt		55,433		84,014		71,050		88,299		62,571		68,928
Portion of rents representative of the interest factor (1/3) of rental expense		5,580		6,516		5,019		4,362		3,962		3,538
Total fixed charges		602,955		1,095,972		895,696		535,408		303,451		302,604
Ratio of Earnings to Fixed Charges		1.15x		1.48x		1.72x		2.05x		2.61x		2.41x
Ratio 2 — Excluding Interest on Deposits
Earnings:
Income from continuing operations before income taxes		81,713		527,674		645,538		563,340		489,979		426,295
Minority interest		6,347		—		—		—		—		—
Fixed charges		97,615		183,500		149,027		127,003		86,769		84,878
Total		185,675		711,174		794,565		690,343		576,748		511,173
Fixed Charges:
Interest on short-term borrowings		36,602		92,970		72,958		34,342		20,236		12,412
Interest on long-term debt		55,433		84,014		71,050		88,299		62,571		68,928
Portion of rents representative of the interest factor (1/3) of rental expense		5,580		6,516		5,019		4,362		3,962		3,538
Total fixed charges		97,615		183,500		149,027		127,003		86,769		84,878
Ratio of Earnings to Fixed Charges		1.90x		3.88x		5.33x		5.44x		6.65x		6.02x