State Street Bank and Trust Company (Quincy, IL)

State Street Bank and Trust Company is one of the more profitable banks of its size. It reported $357 million in assets at June 30, 2026, up 6.7% from a year earlier. It earns about $2.62 a year on every $100 of assets, about double the median of $1.28 for the 2,660 banks with $100 million to $1 billion in assets. It also keeps 4.89 cents of net interest income on every dollar of earning assets, higher than about 9 in 10 banks its size (median 3.95 cents). Much of that comes from cost control: it spends about 52 cents to bring in each dollar of revenue.

Earnings jumped: net income for the quarter was $2.4 million, 41% above the same quarter a year earlier. Paper losses on its bond portfolio are shrinking: unrealized losses of $2.6 million equal 7% of Tier 1 capital, down from 14% a year earlier. Where it has less room is capital: it holds common equity equal to 12.01% of its risk-weighted assets, lower than about three-quarters of banks its size (median 15.12%).

As of June 30, 2026, State Street Bank and Trust Company reported a CET1 capital ratio of 12.01%, a return on assets of 2.62%, a nonperforming-loan ratio of 0.39% and a Texas ratio of 3.05%. The figures come from its call report filed with the FFIEC.