ex12.htm

Exhibit 12

Years ended December 31,

2008

2007

2006

2005

2004

Excluding interest on deposits

1.73x

2.50x

2.56x

3.17x

3.90x

Including interest on deposits

1.35x

1.59x

1.64x

2.00x

2.54x

Note:

The ratio of earnings to fixed charges is calculated by adding income before income taxes plus fixed charges and dividing that sum by fixed charges.

	Years ended December 31,
	2008		2007		2006		2005		2004

Income before income taxes	$	110,525	$	204,926	$	203,575	$	230,227	$	228,595

Interest on deposits	$	163,113	$	210,369	$	188,476	$	123,057	$	69,947

Borrowings and long-term debt		145,782		132,953		127,774		103,602		76,660

1/3 of net rental expense		5,194		4,031		3,012		2,652		2,140

Total fixed charges, includinginterest on deposits	$	314,089	$	347,353	$	319,262	$	229,311	$	148,747

Total fixed charges, excluding interest on deposits	$	150,976	$	136,984	$	130,786	$	106,254	$	78,800