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EXHIBIT 12.1
FOR THE YEARS ENDED
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2002 2001 2000 1999 1998
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(In Thousands)
Earnings (loss) from continuing operations
before income taxes and extraordinary items $ 57,569 $ 53,622 $ 39,932 $ 46,898 $ 16,712
Fixed interest charges 164,078 196,905 219,011 170,863 153,930
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Earnings (loss):
Including fixed interest charges 221,647 250,527 240,228 217,761 170,642
Excluding interest expense on deposits 158,870 164,859 148,505 140,886 103,928
Fixed interest charges excluding interest
expense on deposits 101,301 111,237 120,801 93,988 87,216
Ratios:
Earnings including fixed interest charges
to fixed interest charges 1.35 1.27 1.13 1.27 1.11
Earnings to fixed interest excluding
interest on deposits 1.57 1.48 1.23 1.50 1.19
Dollar deficiency of earnings to fixed
interest charges $ -- $ -- $ -- $ -- $ --
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