| For the years Ended December 31, | ||||||||||||||||||||
| 2008 | 2007 | 2006 | 2005 | 2004 | ||||||||||||||||
Income before taxes |
$ | 69,709 | $ | 120,467 | $ | 134,425 | $ | 147,932 | $ | 132,363 | ||||||||||
Fixed charges: |
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Interest expense paid on short-term debt |
9,958 | 32,393 | 29,389 | 18,941 | 6,775 | |||||||||||||||
Interest expense paid on long-term debt |
2,103 | 2,313 | 2,332 | 2,344 | 1,284 | |||||||||||||||
Interest within rental expense |
0 | 0 | 0 | 0 | 0 | |||||||||||||||
Fixed charges excluding interest
expense paid on deposits |
$ | 12,061 | $ | 34,706 | $ | 31,721 | $ | 21,285 | $ | 8,059 | ||||||||||
Interest expense paid on deposits |
21,182 | 37,849 | 33,547 | 22,364 | 13,047 | |||||||||||||||
Total fixed charges |
$ | 33,243 | $ | 72,555 | $ | 65,268 | $ | 43,649 | $ | 21,106 | ||||||||||
Earnings |
$ | 102,952 | $ | 193,022 | $ | 199,693 | $ | 191,581 | $ | 153,469 | ||||||||||
Earnings excluding interest on deposits |
$ | 81,770 | $ | 155,173 | $ | 166,146 | $ | 169,217 | $ | 140,422 | ||||||||||