You have been asked to analyze First Union Bank. You have only the following information on the bank at year-end 2015: Net income is $210,000, total debt is $1.6 million, and the bank's debt ratio is 50 percent. What is First Union Bank's ROE for 2015? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) Return on equity