EXHIBIT  12.1

Team Financial, Inc.

Computation of Ratio of Earnings to Fixed Charges And Preferred Dividends

	At or for the years ended December 31,
	2001			2000			1999			1998			1997
	(Dollars in thousands, Except Per Share Data)
Net income	$	3,534		$	3,193		$	3,169		$	2,344		$	2,214
Add:
Net occupancy expense	$	2,312		$	2,138		$	1,782		$	1,805		$	1,668
Interest expense, including interest on deposits	20,557			22,247			16,823			16,573			12,887
Combined fixed charges and preference security dividends including interest on deposits	22,869			24,385			18,605			18,378			14,555
Net income as adjusted	26,403			27,578			21,774			20,722			16,769
Ratio of earnings to combined  fixed charges and preference security dividends including interest on deposits	115		%	113		%	117		%	113		%	115		%
Net income	$	3,534		$	3,193		$	3,169		$	2,344		$	2,214
Add:
Net occupancy expense	2,312			2,138			1,782			1,805			1,668
Interest expense, excluding interest on deposits	3,459			2,898			1,577			1,238			524
Combined fixed charges and preference security dividends excluding interest on deposits	5,771			5,036			3,359			3,043			2,192
Net income as adjusted	9,305			8,229			6,528			5,387			4,406
Ratio of earnings to combined  fixed charges and preference security dividends excluding interest on deposits	161		%	163		%	194		%	177		%	201		%