XYZ Bank has the following balance sheet (in $million):

Loans 100

Securities 25

Inter-bank Lending 0

Cash/Reserves 10

- -

Demand Deposits 110

Bonds 20

Equity ?

Holding Company HC owns all the equity of XYZ Bank, which is its only asset. It issued a bond to buy XYZ Bank. HCs leverage ratio is 5. What are owners equity in XYZ and in HC? What is XYZs leverage ratio?

Extra Credit: If bank regulators look through XYZ to HC, what is XYZs true leverage ratio? In other words, how much capital does XYZ really have?