<PAGE> 1
EXHIBIT 12
<TABLE>
<CAPTION>
1999 1998 1997 1996 1995
------ ------ ------ ------ ------
<S> <C> <C> <C> <C> <C>
Fixed Charges:
Interest Expense-Borrowings 19,471 9,262 1,494 804 547
Interest Expense-Deposits 16,545 15,485 14,711 13,593 12,290
Implicit Interest Rent 105 40 51 27 16
------ ------ ------ ------ ------
Total Fixed Charges (a) 36,121 24,787 16,256 14,424 12,853
Earnings 9,924 6,575 6,695 5,642 6,245
Earnings (b) 29,500 15,877 8,240 6,473 6,808
Earnings (c) 46,045 31,362 22,951 20,066 19,098
Ratio of Earnings to
Fixed Charges:
Excluding Interest on Deposits 1.51 1.71 5.33 7.79 12.09
(b)
Including Interest on Deposits 1.27 1.27 1.41 1.39 1.49
(c)
</TABLE>
(a) For purposes of such computation, the term "fixed charges" represents
interest expense plus 33% of rental expense.
(b) For purposes of such computation, the term "earnings" represents earnings
before provision for income taxes and cumulative effect of change in accounting
principle plus interest on borrowings plus 33% of rental expense.
(c) For purposes of such computation, the term "earnings" represents earnings
before provision for income taxes and cumulative effect of change in accounting
principle plus total fixed charges.
