I’m leaning toward under powered at the moment. A 2212 1400kv has substantially less thrust than a 2217 1200kv. I would still expect it to be able to fly though. You should still be able to get 750g of thrust from that motor, and a plane with 1:1 should be able to fly.
Can you do a crude thrust test? Place the tail on a digital kitchen scale and balance it with your other hand. Zero the scale. CAREFULLY balance it upright with your hands in front of the wing or tail so that it doesn’t get away from you. Keep your body parts well clear of the prop arc and wear safety glasses. Have a helper give it full throttle. See what the scale reads, which will be your thrust (well, it will be negative, but ignore that).
I would expect to see ~650-740g. If it’s much less than that, then you have a thrust issue.
Speaking of which, are you sure your prop is on the right way? Numbers go forward.