Vernon Bank has the following assets on its balance sheet:

Cash $10

Treasury Securities $70

Loans to B-rated Corporations (maturity<1yr) $95

Premises $15

Vernon Bank's liabilities are:

Less stable retail deposits $100

Stable business deposits $90

All numbers are in millions of dollars.

The Required Stable Funding factors for this bank's asset are 5%,0%,65%, and 100% depending on the

amount of stable funding needed to support the asset. The Available Stable Funding factors for this bank's

liabilities are 95% and 89%, depending on the funding risk of the funding source.

What is Vernon Bank's Net Stable Funding Ratio (NSFR)?

(Please put your answer in decimals (not in percentage points) and round your answer to the

nearest 3rd decimal.)

Answer: