Regulatory Matters (Tables)

12 Months Ended

Dec. 31, 2011

Regulatory Capital Ratios and Related Amounts


	Regulatory Guidelines⁽¹⁾						State Street						State Street Bank
(Dollars in millions)	Minimum			Well Capitalized			2011			2010			2011			2010
Risk-based ratios:
Tier 1 capital		4	%		6	%		18.8	%		20.5	%		17.6	%		18.1	%
Total capital		8			10			20.5			22.0			19.6			19.9
Tier 1 leverage ratio		4			5			7.3			8.2			6.7			7.1
Total shareholders' equity							$	19,398		$	17,787		$	18,494		$	16,697
Trust preferred capital securities								950			1,450			—			—
Net unrealized loss on available-for-sale securities and cash flow hedges								395			680			398			682
Deferred tax liability associated with acquisitions								757			748			737			748
Recognition of pension plan funded status								248			186			245			187
Less:
Goodwill								5,645			5,597			5,353			5,365
Other intangible assets								2,459			2,593			2,297			2,460
Other deductions⁽²⁾								—			336			—			—

Tier 1 capital								13,644			12,325			12,224			10,489
Qualifying subordinated debt								1,339			959			1,343			959
Allowances for on- and off-balance sheet credit exposures								40			116			40			117
Unrealized gain on available-for-sale equity securities								—			2			—			—

Tier 2 capital								1,379			1,077			1,383			1,076
Deduction for investments in finance subsidiaries								(181	)		(171	)		—			—

Total capital							$	14,842		$	13,231		$	13,607		$	11,565

Adjusted total risk-weighted assets and market-riskequivalents:
On-balance sheet							$	52,642		$	46,209		$	49,659		$	44,103
Off-balance sheet								19,115			13,177			19,109			13,177
Market-risk equivalents								661			791			611			750

Total							$	72,418		$	60,177		$	69,379		$	58,030

Adjusted quarterly average assets							$	186,336		$	150,770		$	183,086		$	147,908

⁽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 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%.

⁽²⁾	Amounts included deferred tax assets not eligible for inclusion in regulatory capital.

- Definition

Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity.

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