Exhibit 12.1

	Twelve Months Ended December 31,
	2011		2010		2009		2008		2007		2006		2005
Excluding interest on deposits
Income before income taxes		23,063		37,367		9,100		12,261		13,577		13,789		14,048
Fixed charges
Interest on short-term borrowings & long-term debt		489		739		1,099		2,392		2,141		1,884		1,609
one-third of net rental expense		486		413		208		144		141		138		123
Total fixed charges		975		1,152		1,307		2,536		2,282		2,022		1,732
Income from operations before income taxes and fixed charges		24,038		38,519		10,407		14,797		15,859		15,811		15,780
Fixed charges, as above		975		1,152		1,307		2,536		2,282		2,022		1,732
Preferred stock dividends (pretax) (1)		1,084		1,659		1,600		-		-		-		-
Fixed charges including preferred stock dividends		2,059		2,811		2,907		2,536		2,282		2,022		1,732
Ratio of earnings to fixed charges and preferred stock dividend requirements		11.67		13.70		3.58		5.84		6.95		7.82		9.11
Including interest on deposits
Fixed charges including preferred stock dividends, as above		2,059		2,811		2,907		2,536		2,282		2,022		1,732
Add: Interest on deposits		9,492		11,091		12,920		18,442		22,669		16,557		9,957
Total fixed charges including preferred stock dividends and interest on deposits		11,551		13,902		15,827		20,978		24,951		18,579		11,689
Income from operations before income taxes and fixed charges, as above		24,038		38,519		10,407		14,797		15,859		15,811		15,780
Add: Interest on deposits		9,492		11,091		12,920		18,442		22,669		16,557		9,957
Total income from operations before income taxes, fixed charges and interest on deposits		33,530		49,610		23,327		33,239		38,528		32,368		25,737
Ratio of earnings to fixed charges and preferred stock dividend requirements		2.90		3.57		1.47		1.58		1.54		1.74		2.20
(1) The preferred dividends, including accretion, were increased to amounts representing the pretax earnings that would be required to cover such dividend and accretion requirements