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FirstBank has the following balance sheet (in millions of dollars). Required stable funding Available stable funding Assets Factor Liabilities and Equity Factor Cash $12 0%

FirstBank has the following balance sheet (in millions of dollars).

Required stable funding

Available stable funding

Assets

Factor

Liabilities and Equity

Factor

Cash

$12

0%

Stable retail deposits

$55

95%

Deposits at the Fed

19

0%

Less stable retail deposits

20

90%

Treasury securities

125

5%

Unsecured wholesale funding from:

0%

GNMA securities

94

15%

Stable small business deposits

80

95%

Loans to A rated corporations (maturity > 1 year)

138

65%

Less stable small business deposits

49

90%

Loans to B rated corporations

106

50%

Nonfinancial corporates

250

50%

Premises

20

100%

Equity

60

100%

$514

$514

Calculate the NSFR for FirstBank.

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