(1)  The applicant must provide a reasonable assurance that the proposed new mutual association will have adequate initial paid-in capital sufficient to: 

(a)  absorb initial operating losses under foreseeable business conditions;

(b)  permit the proposed investment in building, land, furniture, and fixtures within the limitation of 100% of capital and surplus as imposed by 32-2-933, MCA;

(c)  provide protection for depositors' funds to the same extent that the average of all insured mutual associations in the proposed mutual association's peer group provides capital protection, measured by the most current peer group data available on total capital accounts as a percentage of total assets.  The proposed mutual association's reasonably estimated total assets at the end of its first three years of operation shall be the basis upon which this standard shall be projected; and

(d)  enable the mutual association to furnish competitive services that will ensure an amount of business sufficient to assure its success.