Are you certain about those numbers? I make it nearly double to them, after halving the available sMerits per individual account. As of last Friday I make the minimum amount of sMerits in accounts being that of:

All Accounts (including Banned Accounts) that have received sMerits at some point:

nSmeritsAvailable   nReg
139 589              33 065


Banned Accounts (that have received sMerits at some point):

nSmeritsAvailable   nReg
10 461                 5 161

That would make the minimum available sMerit toll around 129 128 sMerits.

The nSmeritsAvailable is derived from aggregating the individual calculus:

Note: The available sMerits are a bare minimum, not considering non-retrievable data from available airdropped sMerits nor precise data from Merit Sources.