Exhibit 12.1

RATIO OF EARNINGS TO FIXED CHARGES

AND PREFERRED STOCK DIVIDEND REQUIREMENT

		For Three Months Ended March 31,	For Year Ended  December 31,
		2009	2008			2007		2006		2005		2004
			(Dollars in thousands)
Earnings:
1. Income (loss) before income taxes	$	28,378	$	(8,179	)	$	43,642	$	44,602	$	31,734	$	39,074
2. Plus interest expense		16,746		73,231			92,466		80,854		56,097		37,233
3. Earnings including interest on deposits		45,124		65,052			136,108		125,456		87,831		76,307
4. Less interest on deposits		14,000		60,876			76,232		65,733		42,269		28,952
5. Earnings excluding interest on deposits		31,124	$	4,176		$	59,876	$	59,723	$	45,562	$	47,355
Fixed Charges and Preferred Stock Dividend Requirement (Pre-Tax):
6. Including interest on deposits and       capitalized interest		18,027	$	73,678		$	92,466	$	80,854	$	56,097	$	37,233
7. Less interest on deposits (Line 4)		14,000		60,876			76,232		65,733		42,269		28,952
8. Excluding interest on deposits		4,027	$	12,802		$	16,234	$	15,121	$	13,828	$	8,281
Ratio of earnings to fixed charges and preferred stock dividend requirement (pre-tax):
Including interest on deposits       (Line 3 divided by Line 6)		2.50		0.88			1.47		1.55		1.57		2.05
Excluding interest on deposits       (Line 5 divided by Line 8)		7.73		0.33			3.69		3.95		3.29		5.72