The Bancorp, Inc. (TBBK) S-3 Shelf registration

Exhibit 12.1

Ratio of Earnings to Fixed Charges

	September 30,
	2012		2011		2010		2009		2008 (1)			2007
Pre tax income		17,559		13,229		7,754		6,350		(63,272	)		23,678
Total fixed charges		9,503		12,852		15,195		16,691		41,113			54,158
		27,062		26,081		22,949		23,041		(22,159	)		77,836
Interest expense		8,831		12,036		14,539		16,050		40,632			53,868
Interest on other liabilities		-		-		-		-		-			-
Amortization of subordinated debt origination expense		-		-		-		-		-			-
Estimated interest portion of rent expense (1)		672		816		656		641		481			290
		9,503		12,852		15,195		16,691		41,113			54,158
Preferred stock dividends on a tax equivalent basis		-		-		656		3,426		373			68
		9,503		12,852		15,851		20,117		41,486			54,226
		27,062		26,081		22,949		23,041		(22,159	)		77,836
		9,503		12,852		15,851		20,117		41,486			54,226
Earnings to combined fixed charges and preferred
stock dividend requirements including interest on
deposits		2.85		2.03		1.45		1.15	nm				1.44
Ratio of earnings to fixed charges		2.85		2.03		1.51		1.38	nm				1.44
(1) The coverage deficiency was $63.3 million for the year ended December 31, 2008.
(2) Estimated to be 33% of rent expense paid.

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