Million Bank has a composite CAMELS rating of 2, a total risk-based capital ratio of 9.8 percent, a Tier I risk-based capital ratio of 6.8 percent, a CET1 leverage ratio of 6.0 percent, and a Tier I leverage ratio of 4.9 percent. The average total assets of the bank equal $500 million, and average Tier I equity equals

$24.5 million.

What deposit insurance risk category does the bank fall into? What is the bank’s deposit insurance assessment rate, and assuming the DIF reserve ratio is currently 1.18 percent, the dollar value of deposit insurance premiums?