The following table presents the regulatory capital structure, total risk-weighted assets, related regulatory capital ratios and the minimum required regulatory capital ratios for State Street and State Street Bank as of the dates indicated. As a result of changes in the methodologies used to calculate our regulatory capital ratios from period to period as the provisions of the Basel III final rule are phased in, the ratios presented in the table for each period-end are not directly comparable. Refer to the footnotes following the table.



					State Street												State Street Bank
(Dollars in millions)					Basel III Advanced Approaches March 31, 2016⁽¹⁾			Basel III Standardized Approach March 31, 2016⁽²⁾			Basel III Advanced Approaches December 31, 2015⁽¹⁾			Basel III Standardized Approach December 31, 2015⁽²⁾			Basel III Advanced Approaches March 31, 2016⁽¹⁾			Basel III Standardized Approach March 31, 2016⁽²⁾			Basel III Advanced Approaches December 31, 2015⁽¹⁾			Basel III Standardized Approach December 31, 2015⁽²⁾
Common shareholders' equity:
Common stock and related surplus					$	10,243		$	10,243		$	10,250		$	10,250		$	10,941		$	10,941		$	10,938		$	10,938
Retained earnings					16,233			16,233			16,049			16,049			10,997			10,997			10,655			10,655
Accumulated other comprehensive income (loss)					(1,020		)	(1,020		)	(1,422		)	(1,422		)	(841		)	(841		)	(1,230		)	(1,230		)
Treasury stock, at cost					(6,719		)	(6,719		)	(6,457		)	(6,457		)	—			—			—			—
Total					18,737			18,737			18,420			18,420			21,097			21,097			20,363			20,363
Regulatory capital adjustments:
Goodwill and other intangible assets, net of associated deferred tax liabilities⁽³⁾					(6,242		)	(6,242		)	(5,927		)	(5,927		)	(5,938		)	(5,938		)	(5,631		)	(5,631		)
Other adjustments					(91		)	(91		)	(60		)	(60		)	(88		)	(88		)	(85		)	(85		)
Common equity tier 1 capital					12,404			12,404			12,433			12,433			15,071			15,071			14,647			14,647
Preferred stock					2,703			2,703			2,703			2,703			—			—			—			—
Trust preferred capital securities subject to phase-out from tier 1 capital					—			—			237			237			—			—			—			—
Other adjustments					(75		)	(75		)	(109		)	(109		)	—			—			—			—
Tier 1 capital					15,032			15,032			15,264			15,264			15,071			15,071			14,647			14,647
Qualifying subordinated long-term debt					1,259			1,259			1,358			1,358			1,271			1,271			1,371			1,371
Trust preferred capital securities phased out of tier 1 capital					890			890			713			713			—			—			—			—
ALLL and other					9			66			12			66			5			66			8			66
Other adjustments					1			1			2			2			—			—			—			—
Total capital					$	17,191		$	17,248		$	17,349		$	17,403		$	16,347		$	16,408		$	16,026		$	16,084
Risk-weighted assets:
Credit risk					$	52,865		$	98,133		$	51,733		$	93,515		$	48,489		$	93,520		$	47,677		$	89,164
Operational risk					44,231			NA			43,882			NA			43,663			NA			43,324			NA
Market risk⁽⁴⁾					3,537			1,484			3,937			2,378			3,523			1,484			3,939			2,378
Total risk-weighted assets					$	100,633		$	99,617		$	99,552		$	95,893		$	95,675		$	95,004		$	94,940		$	91,542
Adjusted quarterly average assets					$	217,029		$	217,029		$	221,880		$	221,880		$	212,843		$	212,843		$	217,358		$	217,358
Capital Ratios:	Minimum Requirements Including Capital Conservation Buffer and G-SIB Surcharge⁽⁵⁾ 2016		Minimum Requirements⁽⁶⁾
Common equity tier 1 capital	5.5	%	4.5	%	12.3		%	12.5		%	12.5		%	13.0		%	15.8		%	15.9		%	15.4		%	16.0		%
Tier 1 capital	7.0		6.0		14.9			15.1			15.3			15.9			15.8			15.9			15.4			16.0
Total capital	9.0		8.0		17.1			17.3			17.4			18.1			17.1			17.3			16.9			17.6
Tier 1 leverage	4.0		4.0		6.9			6.9			6.9			6.9			7.1			7.1			6.7			6.7

NA: Not applicable.

⁽¹⁾Common equity tier 1 capital, tier 1 capital and total capital ratios as of March 31, 2016 and December 31, 2015 were calculated in conformity with the advanced approaches provisions of the Basel III final rule. Tier 1 leverage ratio as of March 31, 2016 and December 31, 2015 were calculated in conformity with the Basel III final rule.

⁽²⁾Common equity tier 1 capital, tier 1 capital and total capital ratios as of March 31, 2016 were calculated in conformity with the standardized approach provisions of the Basel III final rule. Tier 1 leverage ratio as of March 31, 2016 was calculated in conformity with the Basel III final rule.

⁽³⁾Amounts for State Street and State Street Bank as of March 31, 2016 consisted of goodwill, net of associated deferred tax liabilities, and 60% of other intangible assets, net of associated deferred tax liabilities. Amounts for State Street and State Street Bank as of December 31, 2015 consisted of goodwill, net of deferred tax liabilities and 40% of other intangible assets, net of associated deferred tax liabilities. Intangible assets, net of associated deferred tax liabilities is phased in as a deduction from capital, in conformity with the Basel III final rule.

⁽⁴⁾Market risk risk-weighted assets reported in conformity with the Basel III advanced approaches included a CVA which reflected the risk of potential fair-value adjustments for credit risk reflected in our valuation of over-the-counter derivative contracts. The CVA was not provided for in the final market risk capital rule; however, it was required by the advanced approaches provisions of the Basel III final rule. State Street used the simple CVA approach in conformity with the Basel III advanced approaches.

⁽⁵⁾Minimum requirements will be phased in up to full implementation beginning on January 1, 2019; minimum requirements listed are as of March 31, 2016.

⁽⁶⁾Minimum requirements will be phased in up to full implementation beginning on January 1, 2019; minimum requirements listed are as of December 31, 2015.