3. Using the following information for Sun-up National Bank, calculate that bank's ratio of total-capital-to-risk-weighted assets under the terms of the Basel I Agreement. Does the bank have sufficient capital? On-Balance Sheet Items (Assets) Off-Balance Sheet Items Cash $ 3.5 million Standby letters of credit U.S. Treasury securities 25.6 backing municipals and Deposit balances due from corporate borrowing S18.1 million other banks Long-term binding Loans secured by first lines commitments to on residential property corporate customers 40.2 million (1- to 4-family dwellings) 19.7 Total off-balance- Loans to corporations 105.3 sheet items $58.3 million $158.1 million Total capital S11.8 million 4.0 Total assets