XML 28 R48.htm IDEA: XBRL DOCUMENT v2.4.0.8
Regulatory Matters (Tables)
 12 Months Ended
Dec. 31, 2013
Regulatory Capital Requirements [Abstract]  
Regulatory Capital Ratios and Related Amounts
The following table presents regulatory capital ratios and related components as of December 31:
 
Regulatory Guidelines(1)
 
State Street
 
State Street Bank
(Dollars in millions)
Minimum
 
Well
Capitalized
 
2013
 
2012
 
2013
 
2012
Risk-based ratios:
 
 
 
 
 
 
 
 
 
 
 
Tier 1 capital
4
%
 
6
%
 
17.3
%
 
19.1
%
 
16.4
%
 
17.3
%
Total capital
8

 
10

 
19.7

 
20.6

 
19.0

 
19.1

Tier 1 leverage ratio
4

 
5

 
6.9

 
7.1

 
6.4

 
6.3

Total shareholders’ equity
 
 
 
 
$
20,378

 
$
20,869

 
$
19,755

 
$
19,681

Trust preferred capital securities
 
 
 
 
950

 
950

 
—

 
—

Net unrealized (gains) losses on available-for-sale securities and cash flow hedges
 
 
 
 
107

 
(525
)
 
112

 
(523
)
Net unrealized losses on retirement plans
 
 
 
 
203

 
283

 
192

 
277

Goodwill
 
 
 
 
(6,036
)
 
(5,977
)
 
(5,740
)
 
(5,679
)
Other intangible assets
 
 
 
 
(2,360
)
 
(2,539
)
 
(2,239
)
 
(2,392
)
Deferred tax liabilities associated with acquisitions
 
 
 
 
653

 
699

 
638

 
680

Tier 1 capital
 
 
 
 
13,895

 
13,760

 
12,718

 
12,044

Qualifying subordinated debt
 
 
 
 
1,918

 
1,219

 
1,936

 
1,223

Allowances for on- and off-balance sheet credit exposures
 
 
 
 
45

 
39

 
45

 
39

Unrealized gains on available-for-sale equity securities
 
 
 
 
3

 
2

 
—

 
—

Tier 2 capital
 
 
 
 
1,966

 
1,260

 
1,981

 
1,262

Deduction for investments in finance subsidiaries
 
 
 
 
(74
)
 
(191
)
 
—

 
—

Total capital
 
 
 
 
$
15,787

 
$
14,829

 
$
14,699

 
$
13,306

Adjusted total risk-weighted assets and market risk equivalent assets:
 
 
 
 
 
 
 
 
 
 
 
On-balance sheet assets
 
 
 
 
$
60,277

 
$
58,238

 
$
57,599

 
$
55,949

Off-balance sheet equivalent assets
 
 
 
 
18,587

 
13,155

 
18,598

 
13,144

Market risk equivalent assets
 
 
 
 
1,262

 
519

 
1,262

 
445

Total
 
 
 
 
$
80,126

 
$
71,912

 
$
77,459

 
$
69,538

Adjusted quarterly average assets
 
 
 
 
$
202,801

 
$
192,817

 
$
199,301

 
$
189,780

 ________________________________
(1)
State Street Bank must comply with the regulatory guideline for “well capitalized” in order for the parent company to maintain its status as a financial holding company, including maintaining a minimum tier 1 risk-based capital ratio of 6%, a minimum total risk-based capital ratio of 10%, and a minimum tier 1 leverage ratio of 5%. The “well capitalized” guideline requires us to maintain a minimum tier 1 risk-based capital ratio of 6% and a minimum total risk-based capital ratio of 10%.