A banks balance sheet information is shown below (in $000). On...

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Accounting

A banks balance sheet information is shown below (in $000).

On Balance Sheet Items

Face Value

Cash

$

140,600

Short-term government securities (<92 days)

7,300

Long-term government securities (>92 days)

433,400

Federal Reserve stock

11,700

Repos secured by federal agencies

178,000

Claims on U.S. depository institutions

956,900

Loans to foreign banks, OECD CRC rated 2

1,830,000

General obligation municipals

189,000

Claims on or guaranteed by federal agencies

28,400

Municipal revenue bonds

131,900

Residential mortgages, category 1, loan-to-value ratio 75%

6,900,000

Commercial loans

6,567,669

Loans to sovereigns, OECD CRC rated 3

13,500

Premises and equipment

474,000

Off Balance Sheet Items:

Conversion Factor (%)

Face Value

U.S. Government Counterparty

Loan commitments:

<1 year

20

$

300

15 year

50

1,140

Standby letters of credit:

Performance-related

50

200

Direct-credit substitute

100

100

U.S. Depository Institutions Counterparty

Loan commitments:

<1 year

20

100

>1 year

50

3,000

Standby letters of credit:

Performance-related

50

200

Direct-credit substitute

100

56,400

Commercial letters of credit

20

400

State and Local Government Counterparty (revenue municipals)

Loan commitments:

>1 year

50

100

Standby letters of credit:

Performance-related

50

135,400

Corporate Customer Counterparty

Loan commitments:

<1 year

20

3,212,400

>1 year

50

3,046,278

Standby letters of credit:

Performance-related

50

101,543

Direct-credit substitute

100

490,900

Commercial letters of credit

20

78,978

Sovereign Counterparty

Loan commitments, OECD CRC rated 1:

<1 year

20

110,500

>1 year

50

1,225,400

Sovereign Counterparty

Loan commitments, OECD CRC rated 2:

<1 year

20

85,000

>1 year

50

115,500

Sovereign Counterparty

Loan commitments, OECD CRC rated 7:

>1 year

50

30,000

Interest rate market contracts (current exposure assumed to be zero):

<1 year (notional amount)

0

2,000

>15 year (notional amount)

0.5

5,000

To be adequately capitalized, what are the banks CET1, Tier I, and total riskbased capital requirements under Basel III? (Round your answer to the nearest whole dollar amount. (e.g., 32))

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