12 U.S.C. § 2279bb: Minimum capital level

2.75 percent of the aggregate on-balance sheet assets of the Corporation, as determined in accordance with generally accepted accounting principles; and the unpaid principal balance of outstanding securities that are guaranteed by the Corporation and backed by pools of qualified loans; instruments that are issued or guaranteed by the Corporation and are substantially equivalent to instruments described in subparagraph (A); and other off-balance sheet obligations of the Corporation. 0.45 percent of aggregate off-balance sheet obligations of the Corporation; 0.45 percent of designated on-balance sheet assets of the Corporation, as determined under paragraph (2); and 2.50 percent of on-balance sheet assets of the Corporation other than assets designated under paragraph (2); 0.55 percent of aggregate off-balance sheet obligations of the Corporation; 1.20 percent of designated on-balance sheet assets of the Corporation, as determined under paragraph (2); and 2.55 percent of on-balance sheet assets of the Corporation other than assets designated under paragraph (2); 0.65 percent of aggregate off-balance sheet obligations of the Corporation; 1.95 percent of designated on-balance sheet assets of the Corporation, as determined under paragraph (2); and 2.65 percent of on-balance sheet assets of the Corporation other than assets designated under paragraph (2); or if the Corporation’s core capital is less than $25,000,000 on January 1, 1998 , the amount determined under subsection (a); and on and after January 1, 1999 , shall be the amount determined under subsection (a). the aggregate on-balance sheet assets of the Corporation acquired under section 2279aa–6(d) of this title ; and the aggregate amount of qualified loans purchased and held by the Corporation under section 2279aa–3(c)(13) of this title .