EXHIBIT 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED STOCK DIVIDEND REQUIREMENT

	Nine months ended
	September 30,					Year ended December, 31,
	2013			2012		2012		2011			2010		2009			2008
	($ in thousands)
Earnings:
1. Income (loss) before income taxes	$	(1,498	)	$	7,751	$	6,111	$	(3,024	)	$	3,861	$	(2,694	)	$	(1,992	)
2. Add: Interest expense		15,828			5,710		8,479		6,037			10,788		17,976			23,021
3. Earnings including interest on deposits		14,330			13,461		14,590		3,013			14,649		15,282			21,029
4. Less: Interest expense on deposits		10,386			4,285		5,960		4,989			7,933		12,799			17,512
5. Earnings excluding interest on deposits	$	3,944		$	9,176	$	8,630	$	(1,976	)	$	6,716	$	2,483		$	3,517
Fixed charges:
6. Interest expense (Line 2)	$	15,828		$	5,710	$	8,479	$	6,037		$	10,788	$	17,976		$	23,021
7. Interest portion on rental expense		1,569			619		1,025		202			124		124			116
8. Including interest on deposits and capitalized interest		17,397			6,329		9,504		6,239			10,912		18,100			23,137
9. Less interest expense on deposits (Line 4)		10,386			4,285		5,960		4,989			7,933		12,799			17,512
10. Total fixed charges, excluding interest on deposits	$	7,011		$	2,044	$	3,544	$	1,250		$	2,979	$	5,301		$	5,625
Fixed charges and preferred stock dividends:
11. Interest expense (Line 2)	$	15,828		$	5,710	$	8,479	$	6,037		$	10,788	$	17,976		$	23,021
12. Interest portion on rental expense		1,569			619		1,025		202			124		124			116
13. Preferred stock dividends		2,128			1,797		2,343		921			1,655		1,729			188
14. Including interest on deposits, capitalized interest and preferred stock dividends		19,525			8,126		11,847		7,160			12,567		19,830			23,325
15. Less interest expense on deposits (Line 4)		10,386			4,285		5,960		4,989			7,933		12,799			17,512
16. Total fixed charges and preferred stock dividends, excluding interest on deposits	$	9,139		$	3,841	$	5,887	$	2,171		$	4,634	$	7,031		$	5,813
Ratio of earnings to fixed charges:
Excluding interest on deposits (Line 5 divided by Line 10)		0.56			4.49		2.44		(1.58	)		2.25		0.47			0.63
Including interest on deposits (Line 3 divided by Line 8)		0.82			2.13		1.54		0.48			1.34		0.84			0.91
Deficiency	$	3,067		$	—	$	—	$	3,226		$	—	$	2,818		$	2,108
Ratio of earnings to fixed charges and preferred stock dividends:
Excluding interest on deposits (Line 5 divided by Line 16)		0.43			2.39		1.47		(0.91	)		1.45		0.35			0.61
Including interest on deposits (Line 3 divided by Line 14)		0.73			1.66		1.23		0.42			1.17		0.77			0.90
Deficiency	$	5,195		$	—	$	—	$	4,147		$	—	$	4,548		$	2,296