# STATE STREET BANK&TRUST CO
BOSTON, MA · FDIC certificate 14 · asset band >$100B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 6 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $412.62B | |
| Deposits | $326.25B | |
| Loans and leases | $52.37B | |
| Total equity | $29.17B | |
| Loans / deposits | 16.00% (p6 of band) | 72.53% |
| Liquid assets / assets | 64.28% (p91 of band) | |
| Uninsured deposits / deposits | 75.89% (p100 of band) | 42.66% |
| Brokered deposits | 3.60% | |
| Wholesale funding | 8.00% (p38 of band) | |
| FHLB advances / assets | 0.85% | |
| Tier 1 leverage | 5.85% (p3 of band) | 9.44% |
| Unrealized securities loss / equity | -14.50% (p34 of band) | -9.97% |
| AOCI / equity | -0.41% (p66 of band) | |
| ROA (annualized) | 0.97% (p12 of band) | 1.18% |
| Net interest margin | 1.24% (p3 of band) | 3.14% |
| Efficiency ratio | 66.12% (p81 of band) | |
| Noncurrent loans | 0.56% (p25 of band) | 0.85% |
| Net charge-offs (annualized) | 0.02% (p19 of band) | |
| Reserve coverage of noncurrent | 54.95% | |
| Real estate % of loans | 4% | |
| Construction % of loans | 0.00% (p9 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $29.62B (102% of equity) (p81 of band) | |
| Deposits YoY | 12.9% | |
| Employees | 48653 | |

## Flags firing in the latest filing

- **uninsured deposits >50%** (`liq_uninsured`)
- **leverage <7%** (`cap_low`)
- **capital falling** (`cap_falling`)
- **NIM <2.5%** (`earn_nim`)
- **reserve under noncurrent** (`aq_reserve`)
- **loans-to-lenders >50% equity** (`conc_warehouse`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | NIM <2.5%, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 3 | leverage <7%, capital falling | reserve under noncurrent |
| 2012-03 | 2 |  | capital falling |
| 2012-06 | 2 |  |  |
| 2012-09 | 3 | capital falling |  |
| 2012-12 | 3 |  |  |
| 2013-03 | 3 |  |  |
| 2013-06 | 2 |  | capital falling |
| 2013-09 | 2 |  |  |
| 2013-12 | 2 |  |  |
| 2014-03 | 3 | expense ratio p90 |  |
| 2014-06 | 3 |  |  |
| 2014-09 | 4 | capital falling |  |
| 2014-12 | 4 |  |  |
| 2015-03 | 4 |  |  |
| 2015-06 | 4 | uninsured deposits >50% | capital falling |
| 2015-09 | 5 | deposits shrinking, assets shrinking | uninsured deposits >50% |
| 2015-12 | 5 | uninsured deposits >50% | expense ratio p90 |
| 2016-03 | 4 | expense ratio p90 | leverage <7%, uninsured deposits >50% |
| 2016-06 | 5 | uninsured deposits leaving |  |
| 2016-09 | 2 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2016-12 | 3 | capital falling |  |
| 2017-03 | 1 |  | expense ratio p90, capital falling |
| 2017-06 | 4 | expense ratio p90, deposits shrinking, assets shrinking |  |
| 2017-09 | 5 | uninsured deposits >50% |  |
| 2017-12 | 2 |  | expense ratio p90, deposits shrinking, assets shrinking |
| 2018-03 | 3 | expense ratio p90 |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 4 | deposits shrinking |  |
| 2018-12 | 3 |  | deposits shrinking |
| 2019-03 | 5 | deposits shrinking, assets shrinking |  |
| 2019-06 | 4 |  | assets shrinking |
| 2019-09 | 3 |  | deposits shrinking |
| 2019-12 | 4 | capital falling |  |
| 2020-03 | 3 |  | expense ratio p90 |
| 2020-06 | 4 | leverage <7% |  |
| 2020-09 | 2 |  | capital falling, leverage <7% |
| 2020-12 | 3 | leverage <7% |  |
| 2021-03 | 6 | capital falling, expense ratio p90, assets shrinking |  |
| 2021-06 | 3 |  | capital falling, expense ratio p90, assets shrinking |
| 2021-09 | 3 |  |  |
| 2021-12 | 3 |  |  |
| 2022-03 | 4 | capital falling |  |
| 2022-06 | 5 | deposits shrinking, assets shrinking | capital falling |
| 2022-09 | 5 | securities losses >30% of equity | leverage <7% |
| 2022-12 | 5 | leverage <7% | assets shrinking |
| 2023-03 | 5 | assets shrinking | securities losses >30% of equity |
| 2023-06 | 5 | securities losses >30% of equity | assets shrinking |
| 2023-09 | 6 | assets shrinking |  |
| 2023-12 | 4 |  | securities losses >30% of equity, assets shrinking |
| 2024-03 | 4 | capital falling | deposits shrinking |
| 2024-06 | 5 | reserve under noncurrent |  |
| 2024-09 | 4 |  | capital falling |
| 2024-12 | 5 | loans-to-lenders >50% equity |  |
| 2025-03 | 7 | capital falling, expense ratio p90 |  |
| 2025-06 | 7 |  |  |
| 2025-09 | 6 |  | capital falling |
| 2025-12 | 6 |  |  |
| 2026-03 | 7 | capital falling |  |
| 2026-06 | 6 |  | expense ratio p90 |

## In the news (Google News, unfiltered, newest first; check the city)

- nothing found for that search

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=14 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/14.json (key "14", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide