Bancorp, Inc. - FORM 10-K - EX-12.1 - EXHIBIT 12.1

file	filename
10-K - THE BANCORP, INC. FORM 10-K - Bancorp, Inc.	bancorp10k.htm
EX-32.1 - EXHIBIT 32.1 - Bancorp, Inc.	ex32-1.htm
EX-32.2 - EXHIBIT 32.2 - Bancorp, Inc.	ex32-2.htm
EX-31.2 - EXHIBIT 31.2 - Bancorp, Inc.	ex31-2.htm
EX-23.1 - EXHIBIT 23.1 - Bancorp, Inc.	ex23-1.htm
EX-31.1 - EXHIBIT 31.1 - Bancorp, Inc.	ex31-1.htm
EX-21.1 - EXHIBIT 21.1 - Bancorp, Inc.	ex21-1.htm

Exhibit 12.1

Ratio of Earnings to Fixed Charges

	2010		2009		2008			2007
Pre tax income		7,754		6,350		(63,272	)		23,678
Total fixed charges		15,195		16,691		41,113			54,158

Interest expense		14,539		16,050		40,632			53,868
Interest on other liabilities		-		-		-			-
Amortization of subordinated debt origination expense		-		-		-			-
Estimated interest portion of rent expense (2)		656		641		481			290
		15,195		16,691		41,113			54,158

Preferred stock dividends on a tax equivalent basis		656		3,426		373			68
		15,851		20,117		41,486			54,226

		22,949		23,041		(22,159	)		77,836
		15,851		20,117		41,486			54,226

Earnings to combined fixed charges and preferred
stock dividend requirements including interest on
deposits		1.45		1.15	nm				1.44

Ratio of earnings to fixed charges		1.51		1.38	nm				1.44

(1) The coverage deficiency was $63.3 million dollars for the year ended December 31, 2008.
(2) Estimated to be 33% of rent expense paid.

Bancorp, Inc. - FORM 10-K - EX-12.1 - EXHIBIT 12.1 - February 23, 2011