Town Bank has the following balance sheet (in millions of dollars):

Assets Liquidity Level Liabilities and Equity Run-off Factor Cash $20 Level 1 Stable retail deposits $210 3% Central bank reserve 40 Level 1 Less stable retail deposits 115 10% Treasury securities 45 Level 1 CDs maturing in 6 months 100 0% GNMA securities 50 Level 2A Unsecured wholesale funding from: Bonds of AAA-rated corporations 130 Level 2A Stable small business deposits 60 5% Bonds of BBB-rated corporations 120 Level 2B Less stable small business deposits 40 10% Mortgages 80 Nonfinancial corporates 60 75% Premises 220 Equity 120 Total 705 Total 705

11) Town Bank has the following balance sheet (in millions of dollars): Liquidity Run-off Assets Level Liabilities and Equity Factor Cash $20 Level 1 Stable retail deposits $210 3% Central bank reserve 40 Level 1 Less stable retail deposits 115 10% Treasury securities 45 Level 1 CDs maturing in 6 months 100 0% GNMA securities 50 Level 2A Unsecured wholesale funding from: Bonds of AAA-rated Level 2A corporations 130 Stable small business deposits 60 5% Bonds of BBB-rated Level 2B corporations 120 Less stable small business deposits 40 10% Mortgages 80 Nonfinancial corporates 60 75% Premises 220 Equity 120 Total 705 Total 705 Cash inflows over the next 30 days from the bank's performing assets are $5.5 million. Calculate the Liquidity Coverage Ratio for Town Bank. (Note: Level 2 assets may not, in aggregate, account for more than 40 percent of a bank's total HOLAs, not Level 1 HQLAs.)