EXHIBIT 12

                     STATEMENTS RE COMPUTATION OF RATIOS[1]

Years Ended December 31,                       2004        2003[2]       2002[2]
- --------------------------------------------------------------------------------
Earnings to fixed charges[1]
Including interest on deposits                 2.59x        2.96x          2.46x
Excluding interest on deposits                 4.94x        5.37x          5.27x

[1]   For  purposes  of  computing  the  ratios of  earnings  to fixed  charges,
      earnings  represent  net income  plus  applicable  income  taxes and fixed
      charges. Fixed charges,  excluding interest on deposits,  include interest
      expense (other than on deposits) and the proportion deemed  representative
      of the  interest  factor of rent  expense,  net of income from  subleases.
      Fixed  charges,  including  interest on  deposits,  include  all  interest
      expense and the proportion deemed representative of the interest factor of
      rent expense,  net of income from subleases.  Pretax earnings required for
      preferred stock dividends were computed using tax rates for the applicable
      year.

[2]   Restated; see note 2 on page 38.


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