You are given the following bank balance sheet. If the risk-weighted minimum capital adequacy ratio is 10%, does this bank meet that standard? Write a short memo and show your work.

[Assets]

Treasury Bills $100m

Secured Real Estate Loans $400m

Unsecured Consumer Loans $300m

Past Due Loans $50m

[Liabilities and Equity]

Deposits $750

Equity $100

[Capital Adequacy Risk Weights]

Treasury Bills 0%

Secured Real Estate Loans 50%

Unsecured Consumer Loans 100%

Past Due Loans 150%