A serial-to-parallel converter includes a first register bank having first and second register groups, the first register bank configured to receive a communication signal having at least one bit for each unit interval (UI) of a system clock signal, the first register bank having a number of registers corresponding to a number of parallel processing stages, a second register bank having a plurality of register groups, each register group configured to receive the output of at least one of the first and second register groups after a number of unit intervals corresponding to the number of registers in each of the first and second register groups in the first register bank, and a third register bank configured to receive the output of the second register bank after a number of unit intervals corresponding to a number of registers in the second register bank.