EXHIBIT 12

Computation of Ratio of Earnings to Fixed Charges

	1998	1999	2000	2001	2002	Nine months ended 9/30/2002	Nine months ended 9/30/2003
EARNINGS
Pretax income from continuing operations before adjustment for minority interests in consolidated subsidiaries	174,156	122,813	34,186	29,221	13,636	24,971	37,864
Fixed charges (see below)	1,049	1,199	1,668	1,221	1,288	951	3,444
Amortization of capitalized interest	—	—	—	—	—	—	—
Distributed income of equity investees	—	—	—	—	—	—	—
Share of pre-tax losses of equity investees	—	—	—	—	—	—	—
Less:
Interest capitalized	—	—	—	—	—	—	—
Preference security dividend requirements of consolidated subsidiaries	—	—	—	—	—	—	—
Minority interest in pre-tax income of subsidiaries not incurred in fixed charges	—	—	—	—	—	—	—
	175,205	124,012	35,854	30,442	14,924	25,922	41,308
Fixed Charges
Interest expensed and capitalized	163	—	588	295	255	176	2,553
Amortized premiums, discounts, and capitalized expenses related to indebtedness	—	—	—	—	—	—	246
Estimate of the interest within rental expense(1)	886	1,199	1,080	926	1,033	775	645
Preference security dividend requirements of consolidated subsidiaries	—	—	—	—	—	—	—
	1,049	1,199	1,668	1,221	1,288	951	3,444
Ratio of Earnings to Fixed Charges with rent interest	167	103	21	25	12	27	12

(1) Represents the portion of operating rental expense that management believes is representative of the interest component of rental expense excluding restructuring charges associated with branch and administrative office closings.