Look at this balance sheet for the Acme National Bank of Eastern West Nevada (ANBEWN). Based on your analysis, is this bank adequately capitalized, based on Basel III standards (assuming full effect, ex post 2019)?

ASSETS (in $ millions)		LIABILITIES (in $ millions)
Cash & Equivalents	$ 124	Demand Deposits	$1,565
Collateralized Loans	$8,356	Time Deposits	$3,876
Real Estate	$ 67	Fed Reserve Deposits	$ 505
Other Assets	$1,298	Long-term Debt	$2,655
		Equity	$1,244
TOTAL:	$9,845	TOTAL:	$9,845

a.	Not adequately capitalized because the bank has less than 10% equity.

b.	Adequately capitalized because common equity capital exceeds 4.5% of assets.

c.	Adequately capitalized because common equity capital exceeds 4.5% of risk-adjusted assets.

d.	Not adequately capitalized because common equity exceeds 4.5% of risk-adjusted assets.