EXHIBIT 12.0

STATEMENT RE: RATIO OF EARNINGS TO FIXED CHARGES

	Years Ended December 31,
(dollars in thousands)	2004			2003			2002
Including Interest on Deposits:
Earnings before income taxes	$	531,968		$	492,682		$	336,014
Combined fixed charges:
Interest expense on deposits		90,389			64,231			95,857
Interest expense on borrowings		300,513			179,954			130,394
Appropriate portion (1/3) of rent expenses		4,565			2,975			2,522
Total fixed charges	$	395,467		$	247,160		$	228,773
Earnings before income taxes and fixed charges	$	927,435		$	739,842		$	564,787
Ratio of earnings to fixed charges		2.35	x		2.99	x		2.47	x
Excluding Interest on Deposits:
Earnings before income taxes	$	531,968		$	492,682		$	336,014
Combined fixed charges:
Interest expense on borrowings		300,513			179,954			130,394
Appropriate portion (1/3) of rent expenses		4,565			2,975			2,522
Total fixed charges	$	305,078		$	182,929		$	132,916
Earnings before income taxes and fixed charges	$	837,046		$	675,611		$	468,930
Ratio of earnings to fixed charges		2.74	x		3.69	x		3.53	x