Carefully review the following statements from Beta Bank:

Balance Sheet

Cash

Securitics Investments

Net Loans

Net Premises and Equip.

Total Assets

Deposits

Non-Deposit Borrowings

Equity Capital

Total Liabilities and Equity

All Purchased Funds

Income Statement

$100

Interest Income

$600

$1.200

Interest Expenses

Non-Interest Income

$300

Non-Interest Expenses

S2.200

Provision for Loan Losses

$1.100

Pre Tax Net Operating Income

$800 Securities Gains (Losses)

$300

Taxes

$2.200

Net Income

$400

(SI50)

$50

($100)

(S60)

$140

(S40)

(S45)

$55

What is the ROE of Beta Bank?