Under the Basel III framework, we are required to maintain the following minimum regulatory capital ratios: • A new ratio of common equity Tier 1 capital to total risk-weighted assets of not less than 4.5%; • A Tier 1 risk-based capital ratio of 6.0% (an increase from 4.0%); • A total risk-based capital ratio of 8.0%; and • A leverage ratio of 4.0%.