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

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 5% of assets.

C. Adequately capitalized because common equity capital exceeds 10% of risk-adjusted assets.

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