Exhibit 12.1

STATEMENT OF RATIOS OF EARNINGS TO FIXED CHARGES



|                                                                |  |                         |        |  |      |   |         |      |  |   |        |  |  |      |        |  |  |   |        | 
|--------------------------------------------------------------- |  | ----------------------- | ------ |  | ---- | - | ------- | ---- |  | - | ------ |  |  | ---- | ------ |  |  | - | ------ | 
|                                                                |  | Year ended December 31, |       
|                                                                |  | 2010                    |        |  | 2009 |   |         | 2008 |  |   | 2007   |  |  | 2006 |       
|                                                                |  | (Dollars in thousands)  |       
|Ratio of earnings to fixed charges                              |  |                         |        | 
|Earnings:                                                       |  |                         |        |  |      |   |         |      |  |   |        |  |  |      |        |  |  |   |        | 
|Income from continuing operations before taxes                  |  | $                       | 29,336 |  |      | $ | (13,173 | )    |  | $ | 22,389 |  |  | $    | 26,189 |  |  | $ | 24,437 | 
|Fixed charges excluding deposits and preferred stock dividends: |  |                         | 11,333 |  |      |   | 14,312  |      |  |   | 16,583 |  |  |      | 12,824 |  |  |   | 11,957 | 
|                                                                |  |                         |        |  |      |   |         |      |  |   |        |  |  |      |        |  |  |   |        | 
|Subtotal                                                        |  |                         | 40,669 |  |      |   | 1,139   |      |  |   | 38,972 |  |  |      | 39,013 |  |  |   | 36,394 | 
|Interest on deposits                                            |  |                         | 15,195 |  |      |   | 26,793  |      |  |   | 39,303 |  |  |      | 52,274 |  |  |   | 41,546 | 
|                                                                |  |                         |        |  |      |   |         |      |  |   |        |  |  |      |        |  |  |   |        | 
|Total                                                           |  | $                       | 55,864 |  |      | $ | 27,932  |      |  | $ | 78,275 |  |  | $    | 91,287 |  |  | $ | 77,940 | 
|                                                                |  |                         |        |  |      |   |         |      |  |   |        |  |  |      |        |  |  |   |        | 
|Fixed charges:                                                  |  |                         |        |  |      |   |         |      |  |   |        |  |  |      |        |  |  |   |        | 
|Interest excluding deposits                                     |  | $                       | 10,700 |  |      | $ | 13,650  |      |  | $ | 16,055 |  |  | $    | 12,376 |  |  | $ | 11,558 | 
|Interest component on rentals1                                  |  |                         | 633    |  |      |   | 662     |      |  |   | 528    |  |  |      | 448    |  |  |   | 399    | 
|Preferred stock dividends                                       |  |                         | 3,987  |  |      |   | 3,194   |      |  |   |       |  |  |      |       |  |  |   |       | 
|                                                                |  |                         |        |  |      |   |         |      |  |   |        |  |  |      |        |  |  |   |        | 
|Subtotal                                                        |  |                         | 15,320 |  |      |   | 17,506  |      |  |   | 16,583 |  |  |      | 12,824 |  |  |   | 11,957 | 
|Interest on deposits                                            |  |                         | 15,195 |  |      |   | 26,793  |      |  |   | 39,303 |  |  |      | 52,274 |  |  |   | 41,546 | 
|                                                                |  |                         |        |  |      |   |         |      |  |   |        |  |  |      |        |  |  |   |        | 
|Total                                                           |  | $                       | 30,515 |  |      | $ | 44,299  |      |  | $ | 55,886 |  |  | $    | 65,098 |  |  | $ | 53,503 | 
|                                                                |  |                         |        |  |      |   |         |      |  |   |        |  |  |      |        |  |  |   |        | 
|Ratio of earnings to fixed charges:                             |  |                         |        |  |      |   |         |      |  |   |        |  |  |      |        |  |  |   |        | 
|Excluding interest on deposits                                  |  |                         | 2.65   |  |      |   | 0.07    | 2    |  |   | 2.35   |  |  |      | 3.04   |  |  |   | 3.04   | 
|Including interest on deposits                                  |  |                         | 1.83   |  |      |   | 0.63    |      |  |   | 1.40   |  |  |      | 1.40   |  |  |   | 1.46   | 



|1 | Interest component on rentals estimated to be one-third of rentals
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|2 | The dollar amount for the deficiency for the year ended 12/31/09 is $16.4 million.
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