Given the following information

Rate sensitive assets = $16.14m Non rate sensitive assets = $50.66m

Rate sensitive liabilities = $24.75m Non rate sensitive liabilities = $32.96m

Equity Capital = $9.09m

A. Perform a Standard Gap Analysis and a Duration Analysis using the above data if you have a 1.45% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.2 years.

B. Determine the new level of equity capital.