Hi Friend,
Number of received packets ignored by the interface is genarally because the interface hardware ran low on internal buffers.
Flash, DRAM size is not at all related to the buffer size of interface.
So you can check what is connected to that interface and does your interface receive burst of traffic which the interface que cannot sustain and drops.
Also check this link for the explaination of the error messages counrters received on interfaces.
http://www.netacad.lania.mx/ins/Ethernet.htm
HTH
Ankur