EXHIBIT 12

STATEMENTS REGARDING COMPUTATION OF CONSOLIDATED RATIOS OF

EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS

APPEARING IN QUARTERLY REPORT ON FORM 10-Q

	For the Three Months Ended				For the Six Months Ended
	June 30,				June 30,
(Dollars in thousands)	2011		2010		2011		2010
Excluding Interest on Deposits:
Earnings:
Income before income taxes	$	3,808	$	4,050	$	6,168	$	5,475
Fixed charges (excluding preferred stock dividends)	1,912		2,913		3,826		5,860
Total earnings	5,720		6,963		9,994		11,335
Fixed charges:
Interest expense (excluding deposit interest)	1,836		2,837		3,673		5,709
Rent expense interest factor (1)	76		75		153		151
Preferred stock dividends (2)	238		513		761		1,025
Total fixed charges (excluding deposit interest)	2,150		3,425		4,587		6,885
Ratio of Earnings to Fixed Charges,
Excluding Interest on Deposits	2.66		2.03		2.18		1.65
Including Interest on Deposits:
Earnings:
Income before income taxes	$	3,808	$	4,050	$	6,168	$	5,475
Fixed charges (excluding preferred stock dividends)	5,586		7,865		11,485		15,957
Total earnings	9,394		11,915		17,653		21,432
Fixed charges:
Interest expense (including deposit interest)	5,510		7,790		11,332		15,806
Rent expense interest factor (1)	76		75		153		151
Preferred stock dividends (2)	238		513		761		1,025
Total fixed charges (including deposit interest)	5,824		8,378		12,246		16,982
Ratio of Earnings to Fixed Charges,
Including Interest on Deposits	1.61		1.42		1.44		1.26

(1) Represents one-third of gross rental expense, which management believes is representative of the interest factor.

(2) Represents the dividends accrued on the Series A Preferred Shares during the period.