Using the following information for Gold Star National Bank, calculate that bank€™s ratios of Tier 1 capital-to-risk-weighted assets and total-capital-to-risk-weighted assets. Does the bank have sufficient capital according to BaselI?

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On-Balance-Sheet Items (Assets) Off-Balance-Sheet Items Standby letters of credit backing repayment of commercial paper Long-term unused loan commitments to corporate customers Cash $4.0 million $ 20.5 mlion U.S Treasury securities Deposit balances due from other banks Loans secured by first liens on residential property ( to 4- family dwellings) Loans to corporations Total assets 30.6 million 25.5 million Total off-balance-sheet 4.0 millioin tems 46.0 miion 66.0 mlion Tier 1 capital 7.5 million 105.3 million Tier 2 capital 5.8 million $209.9 million