Compute the Tier 1 risk-based capital ratio for this bank. Express your answer as a percentage and round it to one decimal. Do not include any symbols in the answer (i.e. 0.0642, which is 6.42% is entered as 6.4).

Assets

Liabilities

Cash

7

Deposits

0

US Treasury securities

10

Subordinated Debt

2

Fannie Mae MBS

12

Residential mortgages

21

Retained earnings

3

Small business loans

49

Common stock

3