Exhibit 12.1

CONSOLIDATED RATIOS OF EARNINGS TO FIXED CHARGES

	Year ended December 31,
(Dollars in thousands)	2008		2007		2006		2005		2004
Earnings (1):
Income before income taxes	$	46,401	$	41,683	$	59,543	$	49,377	$	34,101
Fixed charges		103,148		134,677		102,561		70,104		52,749
Other adjustments (2)		-		-		-		-		-
Total earnings (a)	$	149,549	$	176,360	$	162,104	$	119,481	$	86,850
Fixed charges:
Interest on deposits	$	86,903	$	115,113	$	85,067	$	56,341	$	41,698
Interest on borrowings		16,245		19,564		17,494		13,763		11,051
Total fixed charges (b)	$	103,148	$	134,677	$	102,561	$	70,104	$	52,749
Ratio of earnings to fixed charges (a/b)		1.45		1.31		1.58		1.70		1.65
Earnings, excluding interest on deposits:
Total earnings	$	149,549	$	176,360	$	162,104	$	119,481	$	86,850
Less interest on deposits		86,903		115,113		85,067		56,341		41,698
Total earnings excluding interest on deposits (c)	$	62,646	$	61,247	$	77,037	$	63,140	$	45,152
Fixed charges, excluding interest on deposits
Total fixed charges	$	103,148	$	134,677	$	102,561	$	70,104	$	52,749
Less interest on deposits		86,903		115,113		85,067		56,341		41,698
Total fixed charges excluding interest on deposits (d)	$	16,245	$	19,564	$	17,494	$	13,763	$	11,051
Ratio of earnings to fixed charges, excluding interest on deposits (c/d) (3)		3.86		3.13		4.40		4.59		4.09

(1)	As defined in Item 503(d) of Regulation S-K
(2)	For purposes of the "earnings" computation, other adjustments include adding the amortization of capitalized interest and subtracting interest capitalized.

(3) The ratio of earnings to fixed charges, excluding interest on deposits, is being provided as an additional measure to provide comparability to the ratios disclosed by other issuers of debt securities.