Exhibit 12.1

CONSOLIDATED RATIOS OF EARNINGS TO FIXED CHARGES

	Nine Months
	Ended
	September 30,			Year Ended December 31,
(Dollars in thousands)	2008			2007			2006			2005			2004			2003
Earnings (1):
Income (loss) before income tax expense	$	(10,440	)	$	18,574		$	13,654		$	17,804		$	13,674		$	12,640
Fixed charges		24,991			38,823			28,841			24,511			20,993			20,289
Other adjustments (2)		101			(2,558	)		(1,658	)		(850	)		(354	)		652
Total earnings (a)	$	14,652		$	54,839		$	40,837		$	41,465		$	34,313		$	33,581
Fixed charges:
Interest on deposits	$	20,944		$	33,403		$	22,046		$	17,233		$	12,398		$	10,274
Interest on borrowings		4,047			5,420			6,795			7,278			8,595			10,015
Total fixed charges (b)	$	24,991		$	38,823		$	28,841		$	24,511		$	20,993		$	20,289
Ratio of earnings to fixed charges (a/b)		—			1.41	x		1.42	x		1.69	x		1.63	x		1.66	x
Earnings, excluding interest on deposits:
Total earnings	$	14,652		$	54,839		$	40,837		$	41,465		$	34,313		$	33,581
Less interest on deposits		20,944			33,403			22,046			17,233			12,398			10,274
Total earnings (loss) excluding interest on deposits (c)	$	(6,292	)	$	21,436		$	18,791		$	24,232		$	21,915		$	23,307
Fixed charges, excluding interest on deposits:
Total fixed charges	$	24,991		$	38,823		$	28,841		$	24,511		$	20,993		$	20,289
Less interest on deposits		20,944			33,403			22,046			17,233			12,398			10,274
Total fixed charges, excluding interest on deposits (d)	$	4,047		$	5,420		$	6,795		$	7,278		$	8,595		$	10,015
Ratio of earnings to fixed charges, excluding interest on deposits (c/d) (5)		—			3.96	x		2.77	x		3.33	x		2.55	x		2.33	x

(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 earning 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.