Exhibit 12.1

Computation of Ratio of Earnings to Fixed Charges



|                                                               |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  
|-------------------------------------------------------------- |  | -------------------------------- | ------- | - | ---- | - | ------- | ---- |  | - | ------- | - |  | ---- | ------- | - |  | - | ------- | -
|                                                               |  | For the Years Ended December 31, |        
|                                                               |  | 2007                             |         |   | 2006 |   |         | 2005 |  |   | 2004    |   |  | 2003 |        
|INCLUDING INTEREST ON DEPOSITS                                 |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  
|Earnings                                                       |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  
|Income (loss) before income taxes                              |  | $                                | (5,009  | ) |      | $ | 48,198  |      |  | $ | 51,294  |   |  | $    | 34,286  |   |  | $ | 27,315  |  
|Plus:                                                          |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  
|Total Fixed Charges (See below)                                |  |                                  | 125,005 |   |      |   | 112,335 |      |  |   | 71,696  |   |  |      | 48,206  |   |  |   | 47,140  |  
|Less:                                                          |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  
|Preferred stock dividend (1)                                   |  |                                  |        |   |      |   |        |      |  |   |        |   |  |      | (2,885  | ) |  |   | (5,297  | )
|                                                               |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  
|Total Earnings                                                 |  | $                                | 119,996 |   |      | $ | 160,533 |      |  | $ | 122,990 |   |  | $    | 79,607  |   |  | $ | 69,158  |  
|                                                               |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  
|Fixed Charges                                                  |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  
|Total interest expense (2)                                     |  | $                                | 122,354 |   |      | $ | 109,808 |      |  | $ | 69,202  |   |  | $    | 42,830  |   |  | $ | 40,154  |  
|Interest included in operating lease rental expense (3)        |  |                                  | 2,651   |   |      |   | 2,527   |      |  |   | 2,494   |   |  |      | 2,491   |   |  |   | 1,689   |  
|Preferred stock dividend (1)                                   |  |                                  |        |   |      |   |        |      |  |   |        |   |  |      | 2,885   |   |  |   | 5,297   |  
|                                                               |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  
|Total Fixed Charges                                            |  | $                                | 125,005 |   |      | $ | 112,335 |      |  | $ | 71,696  |   |  | $    | 48,206  |   |  | $ | 47,140  |  
|                                                               |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  
|Ratio of Earnings to Fixed Charges                             |  |                                  | 0.96    | x |      |   | 1.43    | x    |  |   | 1.72    | x |  |      | 1.65    | x |  |   | 1.47    | x
|                                                               |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  
|EXCLUDING INTEREST ON DEPOSITS                                 |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  
|Earnings                                                       |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  
|Income (loss) before income taxes                              |  | $                                | (5,009  | ) |      | $ | 48,198  |      |  | $ | 51,294  |   |  | $    | 34,286  |   |  | $ | 27,315  |  
|Plus:                                                          |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  
|Total Fixed Charges excluding interest on deposits (See below) |  |                                  | 27,975  |   |      |   | 25,069  |      |  |   | 19,686  |   |  |      | 16,964  |   |  |   | 18,744  |  
|Less:                                                          |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  
|Preferred stock dividend (1)                                   |  |                                  |        |   |      |   |        |      |  |   |        |   |  |      | (2,885  | ) |  |   | (5,297  | )
|                                                               |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  
|Total Earnings                                                 |  | $                                | 22,966  |   |      | $ | 73,267  |      |  | $ | 70,980  |   |  | $    | 48,365  |   |  | $ | 40,762  |  
|                                                               |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  
|Fixed Charges                                                  |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  
|Total interest expense (2)                                     |  | $                                | 122,354 |   |      | $ | 109,808 |      |  | $ | 69,202  |   |  | $    | 42,830  |   |  | $ | 40,154  |  
|Interest included in operating lease rental expense (3)        |  |                                  | 2,651   |   |      |   | 2,527   |      |  |   | 2,494   |   |  |      | 2,491   |   |  |   | 1,689   |  
|Preferred stock dividend (1)                                   |  |                                  |        |   |      |   |        |      |  |   |        |   |  |      | 2,885   |   |  |   | 5,297   |  
|Less: interest expense on deposits                             |  |                                  | (97,030 | ) |      |   | (87,266 | )    |  |   | (52,010 | ) |  |      | (31,242 | ) |  |   | (28,396 | )
|                                                               |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  
|Total Fixed Charges excluding interest on deposits             |  | $                                | 27,975  |   |      | $ | 25,069  |      |  | $ | 19,686  |   |  | $    | 16,964  |   |  | $ | 18,744  |  
|                                                               |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  
|Ratio of Earnings to Fixed Charges                             |  |                                  | 0.82    | x |      |   | 2.92    | x    |  |   | 3.61    | x |  |      | 2.85    | x |  |   | 2.17    | x
|                                                               |  |                                  |         |   |      |   |         |      |  |   |         |   |  |      |         |   |  |   |         |  



|(1) | The stock dividend amount has been grossed up to compute the pre-tax income equivalent assuming an estimated 35% tax rate.
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|(2) | Interest expense includes cash interest expense on deposits and other debt and amortization of debt issuance costs.
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|(3) | Calculation of interest included in operating lease rental expense is representative of the interest factor attributable to the lease payment.
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