EXHIBIT 12.1
COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERENCE DIVIDENDS
											Six
											Months
											Ended
	Years Ended December 31,										June 30,
(dollars in thousands)	2011		2010		2009		2008		2007		2012
Net earnings	$	4,473	$	5,780	$	4,599	$	5,537	$	8,776	$	5,364
Income tax expense		564		968		125		449		2,279		2,034
Earnings before income tax expense	$	5,037	$	6,748	$	4,724	$	5,986	$	11,055	$	7,398
Fixed charges
Interest on short-term and other borrowings	$	1,778	$	1,927	$	2,117	$	2,175	$	2,428	$	859
Fixed charges excluding interest on deposits		1,778		1,927		2,117		2,175		2,428		859
Interest on deposits		4,024		5,468		8,103		13,910		18,106		2,159
Fixed charges including interest on deposits		5,802		7,395		10,220		16,085		20,534		3,018
Preferred stock dividends		1,802		1,198		1,175		-		-		780
Fixed charges including preferred stock dividends	$	7,604	$	8,593	$	11,395	$	16,085	$	20,534	$	3,798
Earnings for ratio computations
Excluding interest on deposits (1)	$	6,815	$	8,675	$	6,841	$	8,161	$	13,483	$	8,257
Including interest on deposits (2)	$	10,839	$	14,143	$	14,944	$	22,071	$	31,589	$	10,416
Ratio of earnings to fixed charges
Excluding interest on deposits (3)		3.83		4.50		3.23		3.75		5.55		9.61
Including interest on deposits (4)		1.87		1.91		1.46		1.37		1.54		3.45
Ratio of earnings to fixed charges and preferred dividends
Excluding interest on deposits (3)		1.90		2.78		2.08		3.75		5.55		5.04
Including interest on deposits (4)		1.43		1.65		1.31		1.37		1.54		2.74
(1) For purposes of calculating the ratios, earnings are the sum of earnings before income tax expense and fixed charges excluding interest on deposits.
(2) For the purposes of calculating the ratios, earnings are the sum of earnings before income tax expense and fixed charges including interest on deposits.
(3) For purposes of calculating the ratio of earnings to fixed charges, fixed charges are equal to fixed charges excluding interest on deposits.
(4) For purposes of calculating the ratio of earnings to fixed charges, fixed charges are equal to fixed charges including interest on deposits.