A bank has the following balance sheet in $M

Assets $M Liabilities & Equity $M

Cash $200$ Retail Deposits $775$

Treasury securities $150$ Subordinated Debt $75$

Residential mortgages, category $1,70\%$ LTV $500$ Common Stock $65$

Consumer Loans $250$ Retained Earnings $40$

Loan Loss Reserves $-125$ Noncumulative perpetual preferred stock $20$

Total Assets $975$ Total Liabilities & Equity $975$

Off$-$Balance Sheet

$$35$M Commercial direct$-$credit substitute standby letters of credit to a public corporation

$$65$M $5-$year FX forward contracts $-$out$-$of$-$the$-$money by $$3$M

a$.$ What are the risk$-$adjusted on$-$balance$-$sheet assets of the bank as defined under the Basel III?

b$.$ What is the CET$1,$ Tier I, and total capital required to be well capitalized for both off$-$ and on$-$balance$-$sheet

assets?

c$.$ Disregarding the capital conservation buffer, does the bank have sufficient capital to meet the Basel requirements? How much in excess? How much short?