(a) The following process shall be carried out in the allocation of deposits among participating institutions.
(b)
(1) Each participating institution may receive a base deposit amount.
(2) This amount may be based on a sliding scale to be established by the Treasurer of State.
(c)
(1) The aggregate amount will be removed from the total distribution amount.
(2) The remainder will be distributed as follows:
(A) A percentage will be allocated to each institution based on its percentage of Arkansas loans relative to the whole; and
(B)
(i) The remaining percentage will be allocated to each institution based on its percentage of weighted Arkansas deposits to the whole.
(ii) Arkansas deposits and loans are weighted using a factor determined by each institution’s loan-to-deposit ratio, and the allocation shall be calculated using the weighted participating deposit and loan figures.