Chart 2
Basel II Capital - Still Investment Grade?
Year Estimated Basel II Capital Requirement Actual Leverage Capital Ratio
2003   6.72%
2002 3.85% 6.67%
2001 3.98% 6.81%
2000 3.96% 6.66%
1999 3.61% 6.96%
1998 3.49% 6.44%
1997 3.10% 6.37%
1996 3.24% 6.38%
1995 3.35% 6.29%
1994 3.58% 6.33%
1993 4.02% 6.62%
1992 4.30% 5.94%
1991 4.47% 4.85%
1990 4.37% 4.70%
1989 4.26% 4.51%
1988 4.14% 4.75%
1987 4.01% 3.96%
1986 4.07% 5.08%
1985 4.01% 4.97%
1984 3.96% 4.71%
Source: Bank Call Reports; estimated requirements based on Quarterly Reports of Condition and Income, all FDIC insured Call Report filers