Make four copies of the last made layer and select the Free Transform option to change the copies’ sizes, the way it is shown on the next picture:



Using the Ellipse Tool (U), draw now the primary layer of the site’s logotype that would have the color indicated here: #003F6E



The layer’s parameters:
Blending Options>Inner Shadow





Make a copy of the new made layer and select again Free Transform option to make smaller the copies, changing their parameters too.



The layer’s parameters:
Blending Options>Inner Glow