Consider the bank above which is the same bank. The regulatory authorities have decided that the regulatory capital ratio for this bank should be 10%. The bank decides to comply with this ruling by issuing new subordinated debentures. How much will the bank have to issue to be in compliance with the ruling?

55 165 2585 2310 Assets Vault Cash Deposits at FRB Marketable Securities Commercial Loans Consumer Loans Real Estate Loans Premises 165 1540 495 385 2695 165 Liabilities and Equity Demand Deposits Time deposits Purchase Funds Sub Debs Preferred Stock Common Stock Total Regulatory Capital 138 27 275 440 5500 5500 Interest Income Interest Expenditure Other Income Other Expenses 525.25 412.5 55 38.5 55 165 2585 2310 Assets Vault Cash Deposits at FRB Marketable Securities Commercial Loans Consumer Loans Real Estate Loans Premises 165 1540 495 385 2695 165 Liabilities and Equity Demand Deposits Time deposits Purchase Funds Sub Debs Preferred Stock Common Stock Total Regulatory Capital 138 27 275 440 5500 5500 Interest Income Interest Expenditure Other Income Other Expenses 525.25 412.5 55 38.5