Call reports 2023
STATE STREET BANK AND TRUST COMPANY — 2023
What STATE STREET BANK AND TRUST COMPANY reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 287,069,000,000 | 290,889,000,000 | 280,469,000,000 | 293,238,000,000 |
| Total loans | 34,139,000,000 | 34,345,000,000 | 35,658,000,000 | 36,852,000,000 |
| Allowance for loan losses | 115,000,000 | 120,000,000 | 119,000,000 | 135,000,000 |
| Securities available for sale | 42,534,000,000 | 42,752,000,000 | 41,249,000,000 | 44,230,000,000 |
| Securities held to maturity | 65,027,000,000 | 63,510,000,000 | 61,957,000,000 | 57,118,000,000 |
| Trading assets | 4,734,000,000 | 6,426,000,000 | 7,527,000,000 | 5,395,000,000 |
| Total deposits | 160,105,000,000 | 164,785,000,000 | 158,294,000,000 | 158,902,000,000 |
| Interest-bearing deposits | 115,148,000,000 | 129,251,000,000 | 123,422,000,000 | 127,297,000,000 |
| Noninterest-bearing deposits | 44,957,000,000 | 35,534,000,000 | 34,872,000,000 | 31,605,000,000 |
| Equity capital | 26,373,000,000 | 26,017,000,000 | 25,684,000,000 | 25,391,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,020,000,000 | 4,245,000,000 | 6,565,000,000 | 9,147,000,000 |
| Interest expense | 1,152,000,000 | 2,553,000,000 | 4,110,000,000 | 5,907,000,000 |
| Net interest income | 868,000,000 | 1,692,000,000 | 2,455,000,000 | 3,240,000,000 |
| Noninterest income | 2,191,000,000 | 4,417,000,000 | 6,562,000,000 | 8,712,000,000 |
| Noninterest expense | 2,234,000,000 | 4,313,000,000 | 6,334,000,000 | 8,982,000,000 |
| Provision for loan losses | 21,000,000 | 35,000,000 | 37,000,000 | 56,000,000 |
| Pretax income | 781,000,000 | 1,770,000,000 | 2,364,000,000 | 2,631,000,000 |
| Income tax | 165,000,000 | 413,000,000 | 526,000,000 | 545,000,000 |
| Net income | 616,000,000 | 1,357,000,000 | 1,838,000,000 | 2,086,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,997,000,000 | 17,644,000,000 | 17,382,000,000 | 16,884,000,000 |
| Total capital | 18,699,000,000 | 18,318,000,000 | 18,054,000,000 | 17,570,000,000 |
| Risk-weighted assets | 113,750,170,000 | 112,633,620,000 | 116,623,150,000 | 109,542,520,000 |