Exhibit 99.2

  BB&T Corporation
Quarterly Performance Summary
Third Quarter 2011

BB&T Corporation
Quarterly Performance Summary
Table of Contents

	Page
Financial Highlights	1
Financial Highlights - Five Quarter Trend	2
Consolidated Statements of Income	3
Consolidated Statements of Income - Five Quarter Trend	4
Consolidated Balance Sheets	5
Consolidated Balance Sheets - Five Quarter Trend	6
Average Balance Sheets	7
Average Balance Sheets - Five Quarter Trend	8
Average Balances and Rates - Quarters	9
Average Balances and Rates - Year-To-Date	11
Credit Quality	12
Credit Quality - Supplemental Schedules
Supplemental Commercial Real Estate Loan Portfolio Information	15
Supplemental Residential Mortgage Portfolio Information	16
Supplemental Troubled Debt Restructurings Information	17
Capital Information - Five Quarter Trend	18
Selected Items & Additional Information	19
NON-GAAP Reconciliation Table	20

BB&T Corporation
Financial Highlights
(Dollars in millions, except per share data, shares in thousands) 

		Quarter Ended								Year-to-Date
		September 30					%			September 30					%
		2011			2010		Change			2011			2010		Change
Summary Income Statement
Interest income	$	1,788		$	1,796		(0.4	) %	$	5,228		$	5,461		(4.3	) %
Interest expense		334			449		(25.6	)		1,063			1,375		(22.7	)
Net interest income - taxable equivalent		1,454			1,347		7.9			4,165			4,086		1.9
Less: Taxable-equivalent adjustment		38			33		15.2			110			98		12.2
Net interest income		1,416			1,314		7.8			4,055			3,988		1.7
Provision for credit losses		250			770		(67.5	)		918			1,995		(54.0	)
Net interest income after provision for credit losses		1,166			544		114.3			3,137			1,993		57.4
Noninterest income		690			1,110		(37.8	)		2,191			2,993		(26.8	)
Noninterest expense		1,417			1,408		0.6			4,184			4,249		(1.5	)
Income before income taxes		439			246		78.5			1,144			737		55.2
Provision for income taxes		68			27		151.9			212			100		112.0
Net income		371			219		69.4			932			637		46.3
Noncontrolling interest		5			9		(44.4	)		34			29		17.2
Net income available to common shareholders		366			210		74.3			898			608		47.7
Per Common Share Data
Earnings
Basic	$	0.52		$	0.30		73.3	%	$	1.29		$	0.88		46.6	%
Diluted		0.52			0.30		73.3			1.27			0.87		46.0
Cash dividends declared (1)		0.16			0.15		6.7			0.49			0.45		8.9
Book value		25.07			24.11		4.0			25.07			24.11		4.0
Tangible book value (2)		16.42			15.25		7.7			16.42			15.25		7.7
End of period shares outstanding (in thousands)		697,101			693,560		0.5			697,101			693,560		0.5
Weighted average shares (in thousands)
Basic		697,052			693,017		0.6			696,335			691,982		0.6
Diluted		705,604			701,535		0.6			704,910			700,551		0.6
Performance Ratios
Return on average assets		0.89	%		0.56	%				0.78	%		0.53	%
Return on average common shareholders' equity		8.30			4.91					7.05			4.84
Net interest margin - taxable equivalent		4.09			4.09					4.08			4.03
Fee income ratio (3)		39.3			42.3					40.1			40.7
Efficiency ratio (3)		54.6			54.1					55.8			53.4
Credit Quality (including amounts related to covered loans and covered foreclosed property)
Nonperforming assets as a percentage of
Total assets		1.98	%		2.81	%				1.98	%		2.81	%
Loans and leases plus foreclosed property		3.05			4.11					3.05			4.11
Net charge-offs as a percentage of average
loans and leases		1.57			3.31					1.61			2.55
Allowance for loan and lease losses as a percentage
of loans and leases held for investment		2.25			2.56					2.25			2.56
Ratio of allowance for loan and lease losses to
nonperforming loans and leases held for investment		1.20	X		1.32	X				1.20	X		1.32	X
Average Balances
Total assets	$	165,520		$	155,666		6.3	%	$	160,092		$	159,723		0.2	%
Total securities (4)		31,567			23,277		35.6			27,919			28,156		(0.8	)
Loans and leases		105,658			104,755		0.9			105,099			104,396		0.7
Deposits		115,056			103,505		11.2			109,080			107,171		1.8
Shareholders' equity		17,551			17,035		3.0			17,102			16,864		1.4
Period-End Balances
Total assets	$	167,677		$	157,230		6.6	%	$	167,677		$	157,230		6.6	%
Total securities (4)		32,784			24,497		33.8			32,784			24,497		33.8
Loans and leases		107,449			106,014		1.4			107,449			106,014		1.4
Deposits		117,567			106,419		10.5			117,567			106,419		10.5
Shareholders' equity		17,541			16,787		4.5			17,541			16,787		4.5
Capital Ratios (5)
Risk-based
Tier 1		12.5	%		11.7	%				12.5	%		11.7	%
Total		16.1			15.7					16.1			15.7
Leverage		9.2			9.3					9.2			9.3
Tangible common equity (2)		7.1			7.0					7.1			7.0
Tier 1 common equity to risk-weighted assets (2)		9.8			9.0					9.8			9.0

(1)	BB&T Corporation declared a special one-time dividend of $0.01 per common share in the first quarter of 2011.
(2)	Tangible common equity and Tier 1 common equity ratios are Non-GAAP measures. BB&T uses the Tier 1 common equity definition used in the SCAP assessment to calculate these ratios. See the calculations and management's reasons for using these measures on page 18 of this supplement.
(3)	Excludes securities gains (losses), foreclosed property expense, amortization of intangible assets, merger-related and restructuring charges, the impacts of FDIC loss share accounting, and other selected items as detailed on page 19 of this supplement. See Non-GAAP reconciliations.
(4)	Total securities includes securities available for sale (AFS) and securities held to maturity (HTM). Average balances reflect both AFS and HTM securities at amortized cost. Period-end balances reflect AFS securities at fair value and HTM securities at amortized cost.
(5)	Current quarter regulatory capital information is preliminary.

1

BB&T Corporation
Financial Highlights - Five Quarter Trend
(Dollars in millions, except per share data, shares in thousands) 

							Quarter Ended
		Sept. 30			June 30			March 31			Dec. 31			Sept. 30
		2011			2011			2011			2010			2010
Summary Income Statement
Interest income	$	1,788		$	1,727		$	1,713		$	1,793		$	1,796
Interest expense		334			337			392			424			449
Net interest income - taxable equivalent		1,454			1,390			1,321			1,369			1,347
Less: Taxable-equivalent adjustment		38			36			36			37			33
Net interest income		1,416			1,354			1,285			1,332			1,314
Provision for credit losses		250			328			340			643			770
Net interest income after provision for credit losses		1,166			1,026			945			689			544
Noninterest income		690			787			714			964			1,110
Noninterest expense		1,417			1,395			1,372			1,421			1,408
Income before income taxes		439			418			287			232			246
Provision for income taxes		68			91			53			15			27
Net income		371			327			234			217			219
Noncontrolling interest		5			20			9			9			9
Net income available to common shareholders		366			307			225			208			210
Per Common Share Data
Earnings
Basic	$	0.52		$	0.44		$	0.32		$	0.30		$	0.30
Diluted		0.52			0.44			0.32			0.30			0.30
Cash dividends declared (1)		0.16			0.16			0.17			0.15			0.15
Book value		25.07			24.37			23.86			23.67			24.11
Tangible book value (2)		16.42			15.95			15.59			15.43			15.25
End of period shares outstanding (in thousands)		697,101			696,894			696,285			694,381			693,560
Weighted average shares (in thousands)
Basic		697,052			696,625			695,309			693,993			693,017
Diluted		705,604			704,969			704,101			702,781			701,535
Performance Ratios
Return on average assets		0.89	%		0.83	%		0.60	%		0.54	%		0.56	%
Return on average common shareholders' equity		8.30			7.25			5.48			4.88			4.91
Net interest margin - taxable equivalent		4.09			4.15			4.01			4.04			4.09
Fee income ratio (3)		39.3			40.8			40.1			41.8			42.3
Efficiency ratio (3)		54.6			55.8			57.1			55.3			54.1
Credit Quality (including amounts related to covered
loans and covered foreclosed property)
Nonperforming assets as a percentage of
Total assets		1.98	%		2.32	%		2.69	%		2.73	%		2.81	%
Loans and leases plus foreclosed property		3.05			3.46			3.97			3.94			4.11
Net charge-offs as a percentage of average
loans and leases		1.57			1.71			1.56			2.02			3.31
Allowance for loan and lease losses as a percentage
of loans and leases held for investment		2.25			2.43			2.58			2.62			2.56
Ratio of allowance for loan and lease losses to
nonperforming loans and leases held for investment		1.20	X		1.22	X		1.09	X		1.26	X		1.32	X
Average Balances
Total assets	$	165,520		$	157,730		$	156,931		$	159,464		$	155,666
Total securities (4)		31,567			27,060			25,059			25,988			23,277
Loans and leases		105,658			104,341			105,294			105,946			104,755
Deposits		115,056			106,466			105,614			105,592			103,505
Shareholders' equity		17,551			17,072			16,673			16,951			17,035
Period-End Balances
Total assets	$	167,677		$	159,310		$	157,039		$	157,081		$	157,230
Total securities (4)		32,784			27,961			26,220			23,169			24,497
Loans and leases		107,449			105,350			104,887			107,264			106,014
Deposits		117,567			108,064			106,913			107,213			106,419
Shareholders' equity		17,541			17,049			16,670			16,498			16,787
Capital Ratios (5)
Risk-based
Tier 1		12.5	%		12.4	%		12.1	%		11.8	%		11.7	%
Total		16.1			16.1			15.8			15.5			15.7
Leverage		9.2			9.5			9.3			9.1			9.3
Tangible common equity (2)		7.1			7.2			7.2			7.1			7.0
Tier 1 common equity to risk-weighted assets (2)		9.8			9.6			9.3			9.1			9.0

(1)	BB&T Corporation declared a special one-time dividend of $0.01 per common share in the first quarter of 2011.
(2)	Tangible common equity and Tier 1 common equity ratios are Non-GAAP measures. BB&T uses the Tier 1 common equity definition used in the SCAP assessment to calculate these ratios. See the calculations and management's reasons for using these measures on page 18 of this supplement.
(3)	Excludes securities gains (losses), foreclosed property expense, amortization of intangible assets, merger-related and restructuring charges, the impacts of FDIC loss share accounting, and other selected items as detailed on page 19 of this supplement. See Non-GAAP reconciliations.
(4)	Total securities includes securities available for sale (AFS) and securities held to maturity (HTM). Average balances reflect both AFS and HTM securities at amortized cost. Period-end balances reflect AFS securities at fair value and HTM securities at amortized cost.
(5)	Current regulatory capital information is preliminary.

2

BB&T Corporation
Consolidated Statements of Income
(Dollars in millions, except per share data, shares in thousands) 

		Quarter Ended									Year-to-Date
		Sept. 30				Change					Sept. 30				Change
		2011		2010		$		%			2011		2010		$		%
Interest Income
Interest and fees on loans and leases	$	1,546	$	1,549	$	(3	)	(0.2	) %	$	4,589	$	4,514	$	75		1.7	%
Interest and dividends on securities		199		207		(8	)	(3.9	)		512		834		(322	)	(38.6	)
Interest on other earning assets		5		6		(1	)	(16.7	)		15		12		3		25.0
Total interest income		1,750		1,762		(12	)	(0.7	)		5,116		5,360		(244	)	(4.6	)
Interest Expense
Interest on deposits		150		225		(75	)	(33.3	)		473		725		(252	)	(34.8	)
Interest on federal funds purchased, securities sold underrepurchase agreements and short-term borrowed funds		3		5		(2	)	(40.0	)		10		16		(6	)	(37.5	)
Interest on long-term debt		181		218		(37	)	(17.0	)		578		631		(53	)	(8.4	)
Total interest expense		334		448		(114	)	(25.4	)		1,061		1,372		(311	)	(22.7	)
Net interest income		1,416		1,314		102		7.8			4,055		3,988		67		1.7
Provision for credit losses		250		770		(520	)	(67.5	)		918		1,995		(1,077	)	(54.0	)
Net interest income after provision for credit loss		1,166		544		622		114.3			3,137		1,993		1,144		57.4
Noninterest income
Insurance income		241		252		(11	)	(4.4	)		790		792		(2	)	(0.3	)
Service charges on deposits		141		147		(6	)	(4.1	)		421		475		(54	)	(11.4	)
Mortgage banking income		123		184		(61	)	(33.2	)		301		383		(82	)	(21.4	)
Investment banking and brokerage fees and commissions		81		85		(4	)	(4.7	)		258		255		3		1.2
Checkcard fees		78		70		8		11.4			229		201		28		13.9
Other nondeposit fees and commissions		71		74		(3	)	(4.1	)		204		202		2		1.0
Bankcard fees and merchant discounts		51		45		6		13.3			149		130		19		14.6
Trust and investment advisory revenues		43		40		3		7.5			131		117		14		12.0
Income from bank-owned life insurance		33		30		3		10.0			92		92		-		-
FDIC loss share income, net		(104	)	(43	)	(61	)	141.9			(243	)	(116	)	(127	)	109.5
Securities gains (losses), net		(39	)	239		(278	)	(116.3	)		(41	)	455		(496	)	(109.0	)
Other income, net		(29	)	(13	)	(16	)	123.1			(100	)	7		(107	)	NM
Total noninterest income		690		1,110		(420	)	(37.8	)		2,191		2,993		(802	)	(26.8	)
Noninterest Expense
Personnel expense		671		642		29		4.5			2,048		1,937		111		5.7
Foreclosed property expense		168		167		1		0.6			456		585		(129	)	(22.1	)
Occupancy and equipment expense		151		157		(6	)	(3.8	)		457		453		4		0.9
Professional services		100		84		16		19.0			255		242		13		5.4
Regulatory charges		46		61		(15	)	(24.6	)		166		152		14		9.2
Loan processing expenses		48		53		(5	)	(9.4	)		150		135		15		11.1
Amortization of intangibles		24		30		(6	)	(20.0	)		75		94		(19	)	(20.2	)
Software expense		30		28		2		7.1			85		87		(2	)	(2.3	)
Merger-related and restructuring charges, net		-		10		(10	)	(100.0	)		-		65		(65	)	(100.0	)
Other expenses		179		176		3		1.7			492		499		(7	)	(1.4	)
Total noninterest expense		1,417		1,408		9		0.6			4,184		4,249		(65	)	(1.5	)
Earnings
Income before income taxes		439		246		193		78.5			1,144		737		407		55.2
Provision for income taxes		68		27		41		151.9			212		100		112		112.0
Net Income		371		219		152		69.4			932		637		295		46.3
Noncontrolling interest		5		9		(4	)	(44.4	)		34		29		5		17.2
Net income available to common shareholders	$	366	$	210	$	156		74.3	%	$	898	$	608	$	290		47.7	%
Earnings Per Common Share
Basic	$	0.52	$	0.30	$	0.22		73.3	%	$	1.29	$	0.88	$	0.41		46.6	%
Diluted		0.52		0.30		0.22		73.3			1.27		0.87		0.40		46.0
Weighted Average Shares Outstanding
Basic		697,052		693,017		4,035		0.6			696,335		691,982		4,353		0.6
Diluted		705,604		701,535		4,069		0.6			704,910		700,551		4,359		0.6
NM - not meaningful.

3

BB&T Corporation
Consolidated Statements of Income - Five Quarter Trend
(Dollars in millions, except per share data, shares in thousands) 

		Quarter Ended
		Sept. 30			June 30			March 31			Dec. 31			Sept. 30
		2011			2011			2011			2010			2010
Interest Income
Interest and fees on loans and leases	$	1,546		$	1,523		$	1,520		$	1,566		$	1,549
Interest and dividends on securities		199			163			150			185			207
Interest on other earning assets		5			4			6			4			6
Total interest income		1,750			1,690			1,676			1,755			1,762
Interest Expense
Interest on deposits		150			152			171			192			225
Interest on federal funds purchased, securities sold under
repurchase agreements and short-term borrowed funds		3			3			4			6			5
Interest on long-term debt		181			181			216			225			218
Total interest expense		334			336			391			423			448
Net interest income		1,416			1,354			1,285			1,332			1,314
Provision for credit losses		250			328			340			643			770
Net interest income after provision for credit loss		1,166			1,026			945			689			544
Noninterest income
Insurance income		241			299			250			249			252
Service charges on deposits		141			145			135			143			147
Mortgage banking income		123			83			95			138			184
Investment banking and brokerage fees and commissions		81			90			87			97			85
Checkcard fees		78			79			72			73			70
Other nondeposit fees and commissions		71			66			67			68			74
Bankcard fees and merchant discounts		51			52			46			47			45
Trust and investment advisory revenues		43			45			43			42			40
Income from bank-owned life insurance		33			29			30			31			30
FDIC loss share income, net		(104	)		(81	)		(58	)		-			(43	)
Securities gains (losses), net		(39	)		(2	)		-			99			239
Other income, net		(29	)		(18	)		(53	)		(23	)		(13	)
Total noninterest income		690			787			714			964			1,110
Noninterest Expense
Personnel expense		671			683			694			679			642
Foreclosed property expense		168			145			143			162			167
Occupancy and equipment expense		151			152			154			155			157
Professional services		100			84			71			92			84
Regulatory charges		46			59			61			59			61
Loan processing expenses		48			49			53			45			53
Amortization of intangibles		24			25			26			28			30
Software expense		30			29			26			30			28
Merger-related and restructuring charges, net		-			2			(2	)		4			10
Other expenses		179			167			146			167			176
Total noninterest expense		1,417			1,395			1,372			1,421			1,408
Earnings
Income before income taxes		439			418			287			232			246
Provision for income taxes		68			91			53			15			27
Net Income		371			327			234			217			219
Noncontrolling interest		5			20			9			9			9
Net income available to common shareholders	$	366		$	307		$	225		$	208		$	210
Earnings Per Common Share
Basic	$	0.52		$	0.44		$	0.32		$	0.30		$	0.30
Diluted		0.52			0.44			0.32			0.30			0.30
Weighted Average Shares Outstanding
Basic		697,052			696,625			695,309			693,993			693,017
Diluted		705,604			704,969			704,101			702,781			701,535

4

BB&T Corporation
Consolidated Balance Sheets
(Dollars in millions) 

		As of September 30						Change
		2011			2010			$		%
Assets
Cash and due from banks	$	1,312		$	1,225		$	87		7.1	%
Interest-bearing deposits with banks		2,907			944			1,963		NM
Federal funds sold and securities purchased under
resale agreements or similar arrangements		185			285			(100	)	(35.1	)
Segregated cash due from banks		19			269			(250	)	(92.9	)
Trading securities at fair value		428			568			(140	)	(24.6	)
Securities available for sale at fair value (1)		24,649			24,497			152		0.6
Securities held to maturity		8,135			-			8,135		NM
Loans and leases:
Commercial loans and leases
Commercial and industrial		34,817			32,591			2,226		6.8
Commercial real estate—other		10,931			11,729			(798	)	(6.8	)
Commercial real estate—residential ADC (2)		2,414			3,811			(1,397	)	(36.7	)
Direct retail lending		13,882			13,828			54		0.4
Sales finance loans		7,265			6,972			293		4.2
Revolving credit loans		2,128			2,065			63		3.1
Residential mortgage loans		19,361			16,316			3,045		18.7
Specialized lending		8,636			8,047			589		7.3
Other acquired loans		47			69			(22	)	(31.9	)
Total loans and leases held for investment (excluding covered loans)		99,481			95,428			4,053		4.2
Covered loans		5,222			6,753			(1,531	)	(22.7	)
Total loans and leases held for investment		104,703			102,181			2,522		2.5
Loans held for sale		2,746			3,833			(1,087	)	(28.4	)
Total loans and leases		107,449			106,014			1,435		1.4
Allowance for loan and lease losses		(2,355	)		(2,611	)		256		(9.8	)
FDIC loss share receivable		1,221			1,924			(703	)	(36.5	)
Premises and equipment		1,864			1,831			33		1.8
Goodwill		6,016			6,013			3		-
Core deposit and other intangible assets		433			535			(102	)	(19.1	)
Residential mortgage servicing rights at fair value		573			585			(12	)	(2.1	)
Other assets (3)		14,841			15,151			(310	)	(2.0	)
Total assets	$	167,677		$	157,230		$	10,447		6.6	%
Liabilities and Shareholders' Equity
Deposits: (4)
Noninterest-bearing deposits	$	24,557		$	20,607		$	3,950		19.2	%
Interest checking		18,971			15,672			3,299		21.1
Money market and savings		43,858			35,911			7,947		22.1
Certificates and other time deposits		30,142			29,844			298		1.0
Foreign deposits - interest-bearing		39			4,385			(4,346	)	(99.1	)
Total deposits		117,567			106,419			11,148		10.5
Fed funds purchased, repos and other borrowings		3,953			5,820			(1,867	)	(32.1	)
Long-term debt		22,153			22,111			42		0.2
Other liabilities		6,463			6,093			370		6.1
Total liabilities		150,136			140,443			9,693		6.9
Shareholders' equity:
Common stock		3,486			3,468			18		0.5
Additional paid-in capital		5,856			5,753			103		1.8
Retained earnings		8,493			7,833			660		8.4
Accumulated other comprehensive loss		(356	)		(335	)		(21	)	6.3
Noncontrolling interest		62			68			(6	)	(8.8	)
Total shareholders' equity		17,541			16,787			754		4.5
Total liabilities and shareholders' equity	$	167,677		$	157,230		$	10,447		6.6	%

(1)	Includes $1.7 billion and $1.5 billion at September 30, 2011 and 2010, respectively, covered by FDIC loss sharing agreements.
(2)	Commercial real estate - residential ADC represents residential acquisition, development and construction loans.
(3)	Includes $387 million and $314 million of foreclosed property and other assets covered by FDIC loss sharing agreements at September 30, 2011 and 2010, respectively.
(4)	Deposit categories were revised during the third quarter of 2011. Prior period amounts were reclassified to conform to the current period presentation.
NM	- not meaningful.

5

BB&T Corporation
Consolidated Balance Sheets - Five Quarter Trend
(Dollars in millions) 

								As of
		Sept. 30			June 30			March 31			Dec. 31			Sept. 30
		2011			2011			2011			2010			2010
Assets
Cash and due from banks	$	1,312		$	1,199		$	1,030		$	1,127		$	1,225
Interest-bearing deposits with banks		2,907			1,337			865			931			944
Federal funds sold and securities purchased under
resale agreements or similar arrangements		185			250			305			327			285
Segregated cash due from banks		19			19			153			309			269
Trading securities at fair value		428			564			730			633			568
Securities available for sale at fair value (1)		24,649			19,409			17,887			23,169			24,497
Securities held to maturity		8,135			8,552			8,333			-			-
Loans and leases:
Commercial loans and leases
Commercial and industrial		34,817			34,166			33,587			34,050			32,591
Commercial real estate—other		10,931			11,134			11,277			11,439			11,729
Commercial real estate—residential ADC		2,414			2,689			3,061			3,397			3,811
Direct retail lending		13,882			13,679			13,612			13,749			13,828
Sales finance loans		7,265			7,236			7,121			7,050			6,972
Revolving credit loans		2,128			2,091			2,063			2,127			2,065
Residential mortgage loans		19,361			18,372			18,228			17,550			16,316
Specialized lending		8,636			8,464			7,767			7,953			8,047
Other acquired loans		47			50			56			58			69
Total loans and leases held for investment (excluding covered loans)		99,481			97,881			96,772			97,373			95,428
Covered loans		5,222			5,504			5,803			6,194			6,753
Total loans and leases held for investment		104,703			103,385			102,575			103,567			102,181
Loans held for sale		2,746			1,965			2,312			3,697			3,833
Total loans and leases		107,449			105,350			104,887			107,264			106,014
Allowance for loan and lease losses		(2,355	)		(2,516	)		(2,641	)		(2,708	)		(2,611	)
FDIC loss share receivable		1,221			1,446			1,580			1,922			1,924
Premises and equipment		1,864			1,846			1,830			1,840			1,831
Goodwill		6,016			6,016			6,014			6,008			6,013
Core deposit and other intangible assets		433			457			483			508			535
Residential mortgage servicing rights at fair value		573			879			928			830			585
Other assets (2)		14,841			14,502			14,655			14,921			15,151
Total assets	$	167,677		$	159,310		$	157,039		$	157,081		$	157,230
Liabilities and Shareholders' Equity
Deposits:
Noninterest-bearing deposits	$	24,557		$	22,507		$	21,864		$	20,637		$	20,607
Interest checking		18,971			18,660			17,701			17,908			15,672
Money market and savings		43,858			39,356			40,388			36,964			35,911
Certificates and other time deposits		30,142			26,865			25,952			27,167			29,844
Foreign deposits - interest-bearing		39			676			1,008			4,537			4,385
Total deposits		117,567			108,064			106,913			107,213			106,419
Fed funds purchased, repos and other borrowings		3,953			4,842			5,186			5,673			5,820
Long-term debt		22,153			23,380			22,591			21,730			22,111
Other liabilities		6,463			5,975			5,679			5,967			6,093
Total liabilities		150,136			142,261			140,369			140,583			140,443
Shareholders' equity:
Common stock		3,486			3,484			3,481			3,472			3,468
Additional paid-in capital		5,856			5,830			5,794			5,776			5,753
Retained earnings		8,493			8,241			8,042			7,935			7,833
Accumulated other comprehensive loss		(356	)		(574	)		(706	)		(747	)		(335	)
Noncontrolling interest		62			68			59			62			68
Total shareholders' equity		17,541			17,049			16,670			16,498			16,787
Total liabilities and shareholders' equity	$	167,677		$	159,310		$	157,039		$	157,081		$	157,230

(1)	Includes $1.7 billion, $1.7 billion, $1.7 billion, $1.5 billion and $1.5 billion at September 30, 2011, June 30, 2011, March 31, 2011, December 31, 2010 and September 30, 2010, respectively, covered by FDIC loss sharing agreements.
(2)	Includes $387 million, $390 million, $401 million, $360 million and $314 million of foreclosed property and other assets covered by FDIC loss sharing agreements at September 30, 2011, June 30, 2011, March 31, 2011, December 31, 2010 and September 30, 2010, respectively.

6

BB&T Corporation
Average Balance Sheets
(Dollars in millions) 

		Quarter Ended									Year-to-Date
		September 30				Change					September 30				Change
		2011		2010		$		%			2011		2010		$		%
Assets
Total securities, at amortized cost (1)
U.S. government-sponsored entities (GSE)	$	236	$	54	$	182		NM	%	$	146	$	742	$	(596	)	(80.3	) %
Mortgage-backed securities issued by GSE		27,104		18,636		8,468		45.4			23,368		22,729		639		2.8
States and political subdivisions		1,864		2,019		(155	)	(7.7	)		1,907		2,067		(160	)	(7.7	)
Non-agency mortgage-backed securities		511		1,152		(641	)	(55.6	)		551		1,225		(674	)	(55.0	)
Other securities		598		209		389		186.1			695		201		494		NM
Covered securities		1,254		1,207		47		3.9			1,252		1,192		60		5.0
Total securities		31,567		23,277		8,290		35.6			27,919		28,156		(237	)	(0.8	)
Other earning assets		4,034		2,951		1,083		36.7			3,286		2,913		373		12.8
Loans and leases
Commercial loans and leases
Commercial and industrial		34,280		32,174		2,106		6.5			33,789		31,791		1,998		6.3
Commercial real estate—other		11,069		12,052		(983	)	(8.2	)		11,240		12,190		(950	)	(7.8	)
Commercial real estate—residential ADC		2,576		4,394		(1,818	)	(41.4	)		2,928		5,043		(2,115	)	(41.9	)
Direct retail lending		13,754		13,867		(113	)	(0.8	)		13,685		14,008		(323	)	(2.3	)
Sales finance loans		7,234		6,906		328		4.7			7,166		6,682		484		7.2
Revolving credit loans		2,109		2,048		61		3.0			2,088		2,013		75		3.7
Residential mortgage loans		18,818		15,828		2,990		18.9			18,355		15,625		2,730		17.5
Specialized lending		8,652		8,046		606		7.5			8,162		7,725		437		5.7
Other acquired loans		48		73		(25	)	(34.2	)		53		93		(40	)	(43.0	)
Total loans and leases held for investment
(excluding covered loans)		98,540		95,388		3,152		3.3			97,466		95,170		2,296		2.4
Covered loans		5,342		6,957		(1,615	)	(23.2	)		5,629		7,251		(1,622	)	(22.4	)
Total loans and leases held for investment		103,882		102,345		1,537		1.5			103,095		102,421		674		0.7
Loans held for sale		1,776		2,410		(634	)	(26.3	)		2,004		1,975		29		1.5
Total loans and leases		105,658		104,755		903		0.9			105,099		104,396		703		0.7
Total earning assets		141,259		130,983		10,276		7.8			136,304		135,465		839		0.6
Nonearning assets		24,261		24,683		(422	)	(1.7	)		23,788		24,258		(470	)	(1.9	)
Total assets	$	165,520	$	155,666	$	9,854		6.3	%	$	160,092	$	159,723	$	369		0.2	%
Liabilities and Shareholders' Equity
Deposits
Noninterest-bearing deposits	$	23,370	$	20,099	$	3,271		16.3	%	$	22,179	$	19,309	$	2,870		14.9	%
Interest checking		19,004		15,704		3,300		21.0			18,326		16,424		1,902		11.6
Money market and savings		42,174		34,717		7,457		21.5			40,108		34,472		5,636		16.3
Certificates and other time deposits		30,140		32,353		(2,213	)	(6.8	)		27,657		35,593		(7,936	)	(22.3	)
Foreign deposits - interest-bearing		368		632		(264	)	(41.8	)		810		1,373		(563	)	(41.0	)
Total deposits		115,056		103,505		11,551		11.2			109,080		107,171		1,909		1.8
Fed funds purchased, repos and other borrowings		4,307		7,355		(3,048	)	(41.4	)		5,682		8,879		(3,197	)	(36.0	)
Long-term debt		22,347		21,833		514		2.4			22,448		21,573		875		4.1
Other liabilities		6,259		5,938		321		5.4			5,780		5,236		544		10.4
Total liabilities		147,969		138,631		9,338		6.7			142,990		142,859		131		0.1
Shareholders' equity		17,551		17,035		516		3.0			17,102		16,864		238		1.4
Total liabilities and shareholders' equity	$	165,520	$	155,666	$	9,854		6.3	%	$	160,092	$	159,723	$	369		0.2	%

Average balances exclude basis adjustments for fair value hedges.
(1)	Total securities include securities available for sale and securities held to maturity.
NM	- not meaningful.

7

BB&T Corporation
Average Balance Sheets - Five Quarter Trend
(Dollars in millions) 

		Quarter Ended
		Sept. 30		June 30		March 31		Dec. 31		Sept. 30
		2011		2011		2011		2010		2010
Assets
Total securities, at amortized cost (1)
U.S. government-sponsored entities (GSE)	$	236	$	106	$	93	$	52	$	54
Mortgage-backed securities issued by GSE		27,104		22,516		20,409		21,067		18,636
States and political subdivisions		1,864		1,889		1,969		1,987		2,019
Non-agency mortgage-backed securities		511		547		595		1,025		1,152
Other securities		598		745		750		641		209
Covered securities		1,254		1,257		1,243		1,216		1,207
Total securities		31,567		27,060		25,059		25,988		23,277
Other earning assets		4,034		2,834		2,978		2,995		2,951
Loans and leases
Commercial loans and leases
Commercial and industrial		34,280		33,647		33,433		32,733		32,174
Commercial real estate—other		11,069		11,287		11,368		11,661		12,052
Commercial real estate—residential ADC		2,576		2,933		3,281		3,650		4,394
Direct retail lending		13,754		13,629		13,672		13,770		13,867
Sales finance loans		7,234		7,184		7,080		7,015		6,906
Revolving credit loans		2,109		2,070		2,082		2,086		2,048
Residential mortgage loans		18,818		18,311		17,926		16,974		15,828
Specialized lending		8,652		8,029		7,797		7,937		8,046
Other acquired loans		48		53		57		63		73
Total loans and leases held for investment (excluding covered loans)		98,540		97,143		96,696		95,889		95,388
Covered loans		5,342		5,625		5,927		6,488		6,957
Total loans and leases held for investment		103,882		102,768		102,623		102,377		102,345
Loans held for sale		1,776		1,573		2,671		3,569		2,410
Total loans and leases		105,658		104,341		105,294		105,946		104,755
Total earning assets		141,259		134,235		133,331		134,929		130,983
Nonearning assets		24,261		23,495		23,600		24,535		24,683
Total assets	$	165,520	$	157,730	$	156,931	$	159,464	$	155,666
Liabilities and Shareholders' Equity
Deposits
Noninterest-bearing deposits	$	23,370	$	22,151	$	20,990	$	21,027	$	20,099
Interest checking		19,004		18,337		17,622		16,628		15,704
Money market and savings		42,174		39,388		38,724		36,341		34,717
Certificates and other time deposits		30,140		25,977		26,815		28,085		32,353
Foreign deposits - interest-bearing		368		613		1,463		3,511		632
Total deposits		115,056		106,466		105,614		105,592		103,505
Fed funds purchased, repos and other borrowings		4,307		5,486		7,286		9,446		7,355
Long-term debt		22,347		23,114		21,879		21,890		21,833
Other liabilities		6,259		5,592		5,479		5,585		5,938
Total liabilities		147,969		140,658		140,258		142,513		138,631
Shareholders' equity		17,551		17,072		16,673		16,951		17,035
Total liabilities and shareholders' equity	$	165,520	$	157,730	$	156,931	$	159,464	$	155,666

Average balances exclude basis adjustments for fair value hedges.
(1)	Total securities include securities available for sale and securities held to maturity.

8

BB&T Corporation
Average Balances and Rates - Quarters
(Dollars in millions) 

					Quarter Ended
		September 30, 2011						June 30, 2011
		(1)		Interest	(2)			(1)			Interest	(2)
		Average		Income/	Yields/			Average			Income/	Yields/
		Balances		Expense	Rates			Balances			Expense	Rates
Assets
Total securities, at amortized cost (3)
U.S. government-sponsored entities (GSE)	$	236	$	1	0.88	%	$	106		$	-	1.91	%
Mortgage-backed securities issued by GSE		27,104		129	1.89			22,516			95	1.69
States and political subdivisions		1,864		26	5.78			1,889			28	5.74
Non-agency mortgage-backed securities		511		9	6.90			547			8	6.44
Other securities		598		2	1.55			745			3	1.49
Covered securities		1,254		45	14.21			1,257			43	13.66
Total securities		31,567		212	2.68			27,060			177	2.62
Other earning assets		4,034		6	0.51			2,834			4	0.62
Loans and leases
Commercial loans and leases
Commercial and industrial		34,280		363	4.21			33,647			356	4.25
Commercial real estate—other		11,069		105	3.78			11,287			107	3.79
Commercial real estate—residential ADC		2,576		23	3.53			2,933			26	3.56
Direct retail lending		13,754		177	5.10			13,629			175	5.15
Sales finance loans		7,234		87	4.78			7,184			90	4.99
Revolving credit loans		2,109		46	8.77			2,070			45	8.75
Residential mortgage loans		18,818		228	4.83			18,311			219	4.80
Specialized lending		8,652		246	11.28			8,029			233	11.68
Other acquired loans		48		4	33.74			53			5	34.52
Total loans and leases held for investment
(excluding covered loans)		98,540		1,279	5.16			97,143			1,256	5.19
Covered loans		5,342		273	20.29			5,625			274	19.47
Total loans and leases held for investment		103,882		1,552	5.94			102,768			1,530	5.97
Loans held for sale		1,776		18	3.98			1,573			16	4.01
Total loans and leases		105,658		1,570	5.91			104,341			1,546	5.94
Total earning assets		141,259		1,788	5.03			134,235			1,727	5.16
Nonearning assets		24,261						23,495
Total assets	$	165,520					$	157,730
Liabilities and Shareholders' Equity
Interest-bearing deposits
Interest checking	$	19,004		8	0.16		$	18,337			8	0.16
Money market and savings		42,174		30	0.29			39,388			35	0.35
Certificates and other time deposits		30,140		112	1.47			25,977			111	1.72
Foreign deposits - interest-bearing		368		-	0.04			613			(2)	(0.97	)
Total interest-bearing deposits		91,686		150	0.65			84,315			152	0.72
Fed funds purchased, repos and other borrowings		4,307		3	0.31			5,486			4	0.22
Long-term debt		22,347		181	3.22			23,114			181	3.14
Total interest-bearing liabilities		118,340		334	1.12			112,915			337	1.19
Noninterest-bearing deposits		23,370						22,151
Other liabilities		6,259						5,592
Shareholders' equity		17,551						17,072
Total liabilities and shareholders' equity	$	165,520					$	157,730
Average interest-rate spread					3.91							3.97
Net interest income/ net interest margin			$	1,454	4.09	%			$		1,390	4.15	%
Taxable-equivalent adjustment			$	38					$		36

Applicable ratios are annualized.
(1)	Excludes basis adjustments for fair value hedges.
(2)	Yields are on a fully taxable-equivalent basis.
(3)	Total securities include securities available for sale and securities held to maturity.

9

BB&T Corporation
Average Balances and Rates - Quarters
(Dollars in millions) 

		Quarter Ended
		March 31, 2011						December 31, 2010						September 30, 2010
		(1)		Interest	(2)			(1)		Interest	(2)			(1)		Interest	(2)
		Average		Income/	Yields/			Average		Income/	Yields/			Average		Income/	Yields/
		Balances		Expense	Rates			Balances		Expense	Rates			Balances		Expense	Rates
Assets
Total securities, at amortized cost (3)
U.S. government-sponsored entities (GSE)	$	93	$	1	2.41	%	$	52	$	1	4.60	%	$	54	$	-	4.65	%
Mortgage-backed securities issued by GSE		20,409		84	1.65			21,067		102	1.95			18,636		150	3.22
States and political subdivisions		1,969		27	5.55			1,987		27	5.58			2,019		29	5.55
Non-agency mortgage-backed securities		595		10	6.38			1,025		15	5.93			1,152		17	5.90
Other securities		750		3	1.56			641		4	1.91			209		1	2.74
Covered securities		1,243		37	12.06			1,216		50	16.45			1,207		23	7.61
Total securities		25,059		162	2.59			25,988		199	3.07			23,277		220	3.78
Other earning assets		2,978		6	0.80			2,995		4	0.56			2,951		6	0.54
Loans and leases
Commercial loans and leases
Commercial and industrial		33,433		359	4.35			32,733		370	4.48			32,174		364	4.49
Commercial real estate—other		11,368		108	3.84			11,661		111	3.78			12,052		115	3.78
Commercial real estate—residential ADC		3,281		28	3.50			3,650		33	3.60			4,394		38	3.40
Direct retail lending		13,672		174	5.17			13,770		181	5.23			13,867		184	5.26
Sales finance loans		7,080		91	5.23			7,015		97	5.48			6,906		100	5.73
Revolving credit loans		2,082		46	8.90			2,086		46	8.62			2,048		44	8.64
Residential mortgage loans		17,926		223	4.97			16,974		218	5.14			15,828		213	5.39
Specialized lending		7,797		227	11.76			7,937		231	11.53			8,046		229	11.33
Other acquired loans		57		4	31.68			63		5	28.84			73		3	18.97
Total loans and leases held for investment
(excluding covered loans)		96,696		1,260	5.27			95,889		1,292	5.35			95,388		1,290	5.38
Covered loans		5,927		262	17.96			6,488		271	16.59			6,957		258	14.72
Total loans and leases held for investment		102,623		1,522	6.00			102,377		1,563	6.06			102,345		1,548	6.01
Loans held for sale		2,671		23	3.48			3,569		27	3.09			2,410		22	3.56
Total loans and leases		105,294		1,545	5.94			105,946		1,590	5.96			104,755		1,570	5.96
Total earning assets		133,331		1,713	5.19			134,929		1,793	5.28			130,983		1,796	5.45
Nonearning assets		23,600						24,535						24,683
Total assets	$	156,931					$	159,464					$	155,666
Liabilities and Shareholders' Equity
Interest-bearing deposits
Interest checking	$	17,622		7	0.17		$	16,628		7	0.16		$	15,704		6	0.16
Money market and savings		38,724		40	0.42			36,341		41	0.45			34,717		42	0.48
Certificates and other time deposits		26,815		124	1.88			28,085		144	2.03			32,353		177	2.16
Foreign deposits - interest-bearing		1,463		-	(0.26	)		3,511		-	0.03			632		-	(0.49	)
Total interest-bearing deposits		84,624		171	0.82			84,565		192	0.90			83,406		225	1.07
Fed funds purchased, repos and other borrowings		7,286		5	0.30			9,446		7	0.29			7,355		6	0.32
Long-term debt		21,879		216	3.97			21,890		225	4.10			21,833		218	3.98
Total interest-bearing liabilities		113,789		392	1.39			115,901		424	1.45			112,594		449	1.58
Noninterest-bearing deposits		20,990						21,027						20,099
Other liabilities		5,479						5,585						5,938
Shareholders' equity		16,673						16,951						17,035
Total liabilities and shareholders' equity	$	156,931					$	159,464					$	155,666
Average interest-rate spread					3.80						3.83						3.87
Net interest income/ net interest margin			$	1,321	4.01	%			$	1,369	4.04	%			$	1,347	4.09	%
Taxable-equivalent adjustment			$	36					$	37					$	33

Applicable ratios are annualized.
(1)	Excludes basis adjustments for fair value hedges.
(2)	Yields are on a fully taxable-equivalent basis.
(3)	Total securities include securities available for sale and securities held to maturity.

10

BB&T Corporation
Average Balances and Rates - Year-To-Date
(Dollars in millions) 

					Year-to-Date
		September 30, 2011						September 30, 2010
		(1)		Interest	(2)			(1)		Interest	(2)
		Average		Income/	Yields/			Average		Income/	Yields/
		Balances		Expense	Rates			Balances		Expense	Rates
Assets
Total securities, at amortized cost (3)
U.S. government-sponsored entities (GSE)	$	146	$	2	1.45	%	$	742	$	20	3.65	%
Mortgage-backed securities issued by GSE		23,368		308	1.76			22,729		621	3.64
States and political subdivisions		1,907		81	5.69			2,067		85	5.46
Non-agency mortgage-backed securities		551		27	6.56			1,225		54	5.85
Other securities		695		8	1.53			201		3	2.44
Covered securities		1,252		125	13.31			1,192		92	10.27
Total securities		27,919		551	2.63			28,156		875	4.14
Other earning assets		3,286		16	0.63			2,913		13	0.55
Loans and leases
Commercial loans and leases
Commercial and industrial		33,789		1,078	4.27			31,791		1,057	4.44
Commercial real estate—other		11,240		320	3.81			12,190		354	3.89
Commercial real estate—residential ADC		2,928		77	3.53			5,043		138	3.65
Direct retail lending		13,685		526	5.14			14,008		556	5.31
Sales finance loans		7,166		268	5.00			6,682		300	6.00
Revolving credit loans		2,088		137	8.80			2,013		132	8.79
Residential mortgage loans		18,355		670	4.86			15,625		641	5.47
Specialized lending		8,162		706	11.56			7,725		661	11.44
Other acquired loans		53		13	33.26			93		9	13.58
Total loans and leases held for investment
(excluding covered loans)		97,466		3,795	5.20			95,170		3,848	5.40
Covered loans		5,629		809	19.21			7,251		662	12.20
Total loans and leases held for investment		103,095		4,604	5.97			102,421		4,510	5.89
Loans held for sale		2,004		57	3.77			1,975		63	4.23
Total loans and leases		105,099		4,661	5.93			104,396		4,573	5.85
Total earning assets		136,304		5,228	5.12			135,465		5,461	5.38
Nonearning assets		23,788						24,258
Total assets	$	160,092					$	159,723
Liabilities and Shareholders' Equity
Interest-bearing deposits
Interest checking	$	18,326		23	0.16		$	16,424		22	0.18
Money market and savings		40,108		105	0.35			34,472		134	0.52
Certificates and other time deposits		27,657		347	1.68			35,593		571	2.14
Foreign deposits - interest-bearing		810		(2)	(0.39	)		1,373		(2)	(0.22	)
Total interest-bearing deposits		86,901		473	0.73			87,862		725	1.10
Fed funds purchased, repos and other borrowings		5,682		12	0.28			8,879		19	0.28
Long-term debt		22,448		578	3.44			21,573		631	3.91
Total interest-bearing liabilities		115,031		1,063	1.23			118,314		1,375	1.55
Noninterest-bearing deposits		22,179						19,309
Other liabilities		5,780						5,236
Shareholders' equity		17,102						16,864
Total liabilities and shareholders' equity	$	160,092					$	159,723
Average interest-rate spread					3.89						3.83
Net interest income/ net interest margin		$		4,165	4.08	%			$	4,086	4.03	%
Taxable-equivalent adjustment		$		110					$	98

Applicable ratios are annualized.
(1)	Excludes basis adjustments for fair value hedges.
(2)	Yields are on a fully taxable-equivalent basis.
(3)	Total securities include securities available for sale and securities held to maturity.

11

BB&T Corporation
Credit Quality
(Dollars in millions) 

				As of/For the Quarter Ended
		Sept. 30		June 30		March 31		Dec. 31		Sept. 30
		2011		2011		2011		2010		2010
Nonperforming assets (1)
Nonaccrual loans and leases
Commercial loans and leases
Commercial and industrial	$	579	$	611	$	594	$	508	$	491
Commercial real estate—other		438		467		508		405		328
Commercial real estate—residential ADC		428		460		568		513		454
Direct retail lending		151		172		182		191		216
Sales finance loans		7		7		9		6		6
Residential mortgage loans (6)		298		292		511		466		416
Specialized lending		56		52		55		60		62
Total nonaccrual loans and leases held for investment		1,957		2,061		2,427		2,149		1,973
Loans held for sale		26		116		189		521		826
Total nonaccrual loans and leases		1,983		2,177		2,616		2,670		2,799
Foreclosed real estate (2)		950		1,147		1,211		1,259		1,309
Other foreclosed property		36		29		36		42		39
Total nonperforming assets (excluding covered assets) (2)	$	2,969	$	3,353	$	3,863	$	3,971	$	4,147
Performing troubled debt restructurings (TDRs) (3)
Commercial loans and leases
Commercial and industrial	$	64	$	100	$	125	$	205	$	260
Commercial real estate—other		124		153		233		280		300
Commercial real estate—residential ADC		55		105		120		172		316
Direct retail lending		141		143		146		141		131
Sales finance loans		6		6		5		5		-
Revolving credit loans		63		62		62		62		62
Residential mortgage loans (7)		568		570		587		585		566
Specialized lending		46		39		31		26		4
Total performing TDRs (7)	$	1,067	$	1,178	$	1,309	$	1,476	$	1,639
Loans 90 days or more past due and still accruing
Commercial loans and leases
Commercial and industrial	$	1	$	4	$	6	$	8	$	7
Commercial real estate—other		2		4		20		4		3
Commercial real estate—residential ADC		-		-		5		8		10
Direct retail lending		52		59		59		76		69
Sales finance loans		19		21		23		27		27
Revolving credit loans		15		16		18		20		21
Residential mortgage loans (8)(10)		91		90		124		143		137
Specialized lending		5		7		6		6		7
Other acquired loans		2		2		2		3		5
Total loans 90 days past due and still accruing (excluding covered loans) (4)(8)(10)	$	187	$	203	$	263	$	295	$	286
Loans 30-89 days past due
Commercial loans and leases
Commercial and industrial	$	76	$	72	$	137	$	163	$	213
Commercial real estate—other		27		35		54		68		171
Commercial real estate—residential ADC		27		25		40		84		151
Direct retail lending		148		154		166		189		181
Sales finance loans		67		68		67		95		99
Revolving credit loans		23		22		24		28		28
Residential mortgage loans (9)(11)		445		426		444		532		551
Specialized lending		243		198		166		248		242
Other acquired loans		1		-		1		1		2
Total loans 30-89 days past due (excluding covered loans) (5)(9)(11)	$	1,057	$	1,000	$	1,099	$	1,408	$	1,638

(1)	Covered and other acquired loans are considered to be performing due to the application of the accretion method. Covered loans that are contractually past due are noted in the footnotes below.
(2)	Excludes foreclosed real estate totaling $355 million, $348 million, $362 million, $313 million and $276 million at September 30, 2011, June 30, 2011, March 31, 2011, December 31, 2010 and September 30, 2010, respectively, that are covered by FDIC loss sharing agreements.
(3)	Excludes TDRs that are nonperforming totaling $319 million, $381 million, $479 million, $479 million and $489 million at September 30, 2011, June 30, 2011, March 31, 2011, December 31, 2010 and September 30, 2010, respectively. These amounts are included in total nonperforming assets.
(4)	Excludes loans past due 90 days or more that are covered by FDIC loss sharing agreements totaling $872 million, $935 million, $1.2 billion, $1.1 billion and $1.3 billion at September 30, 2011, June 30, 2011, March 31, 2011, December 31, 2010 and September 30, 2010, respectively.
(5)	Excludes loans past due 30-89 days that are covered by FDIC loss sharing agreements totaling $211 million, $308 million, $252 million, $363 million and $329 million at September 30, 2011, June 30, 2011, March 31, 2011, December 31, 2010 and September 30, 2010, respectively.
(6)	Includes a reduction of $231 million in mortgage loans during the second quarter of 2011 in connection with BB&T's NPA disposition strategy.
(7)	Excludes restructured mortgage loans that are government guaranteed totaling $214 million, $184 million, $148 million, $129 million, and $153 million at September 30, 2011, June 30, 2011, March 31, 2011, December 31, 2010 and September 30, 2010, respectively. Includes mortgage loans held for sale.
(8)	Excludes mortgage loans past due 90 days or more that are government guaranteed totaling $185 million, $162 million, $187 million, $153 million and $119 million at September 30, 2011, June 30, 2011, March 31, 2011, December 31, 2010 and September 30, 2010, respectively. Includes past due mortgage loans held for sale.
(9)	Excludes mortgage loans past due 30-89 days that are government guaranteed totaling $82 million, $78 million, $71 million, $83 million and $74 million at September 30, 2011, June 30, 2011, March 31, 2011, December 31, 2010 and September 30, 2010, respectively. Includes past due mortgage loans held for sale.
(10)	Excludes mortgage loans guaranteed by GNMA that BB&T does not have the obligation to repurchase that are past due 90 days or more totaling $389 million, $389 million, $406 million, $425 million and $403 million at September 30, 2011, June 30, 2011, March 31, 2011, December 31, 2010 and September 30, 2010, respectively.
(11)	Excludes mortgage loans guaranteed by GNMA that BB&T does not have the obligation to repurchase that are past due 30-89 days totaling $7 million, $7 million, $6 million, $7 million and $7 million at September 30, 2011, June 30, 2011, March 31, 2011, December 31, 2010 and September 30, 2010, respectively.

12

BB&T Corporation
Credit Quality
(Dollars in millions) 

	As of/For the Quarter Ended
	Sept. 30			June 30			March 31			Dec. 31			Sept. 30
	2011			2011			2011			2010			2010
Allowance for credit losses
Beginning balance	$	2,575		$	2,691		$	2,755		$	2,650		$	2,753
Provision for credit losses (excluding covered loans)		243			313			340			543			743
Provision for covered loans		7			15			-			100			27
Charge-offs
Commercial loans and leases (1)
Commercial and industrial		(102	)		(62	)		(78	)		(103	)		(143	)
Commercial real estate—other		(64	)		(81	)		(68	)		(125	)		(244	)
Commercial real estate—residential ADC		(61	)		(78	)		(71	)		(107	)		(285	)
Direct retail lending		(74	)		(66	)		(78	)		(87	)		(83	)
Sales finance loans		(7	)		(7	)		(10	)		(12	)		(10	)
Revolving credit loans		(23	)		(24	)		(27	)		(28	)		(28	)
Residential mortgage loans (2)		(41	)		(129	)		(54	)		(58	)		(52	)
Specialized lending		(42	)		(43	)		(52	)		(57	)		(56	)
Covered loans		(53	)		-			-			-			-
Total charge-offs		(467	)		(490	)		(438	)		(577	)		(901	)
Recoveries
Commercial loans and leases (1)
Commercial and industrial		9			9			4			4			4
Commercial real estate—other		6			6			3			4			-
Commercial real estate—residential ADC		9			7			4			6			4
Direct retail lending		10			8			9			8			7
Sales finance loans		2			3			2			2			2
Revolving credit loans		4			5			5			4			4
Residential mortgage loans (2)		1			1			1			1			1
Specialized lending		7			7			6			10			6
Total recoveries		48			46			34			39			28
Net charge-offs		(419	)		(444	)		(404	)		(538	)		(873	)
Ending balance	$	2,406		$	2,575		$	2,691		$	2,755		$	2,650
Allowance for credit losses
Allowance for loan and lease losses (excluding covered loans)	$	2,242		$	2,357		$	2,497		$	2,564		$	2,567
Allowance for covered loans		113			159			144			144			44
Reserve for unfunded lending commitments		51			59			50			47			39
Total	$	2,406		$	2,575		$	2,691		$	2,755		$	2,650
											As of/For the
											Nine Months Ended
											September 30
											2011			2010
Allowance for credit losses
Beginning balance										$	2,755		$	2,672
Provision for credit losses (excluding covered loans)											896			1,951
Provision for covered loans											22			44
Charge-offs
Commercial loans and leases (1)
Commercial and industrial											(242	)		(270	)
Commercial real estate—other											(213	)		(345	)
Commercial real estate—residential ADC											(210	)		(558	)
Direct retail lending											(218	)		(251	)
Sales finance loans											(24	)		(36	)
Revolving credit loans											(74	)		(90	)
Residential mortgage loans (2)											(224	)		(336	)
Specialized lending											(137	)		(195	)
Covered loans											(53	)		-
Total charge-offs											(1,395	)		(2,081	)
Recoveries
Commercial loans and leases (1)
Commercial and industrial											22			14
Commercial real estate—other											15			1
Commercial real estate—residential ADC											20			8
Direct retail lending											27			25
Sales finance loans											7			7
Revolving credit loans											14			12
Residential mortgage loans (2)											3			3
Specialized lending											20			21
Total recoveries											128			91
Net charge-offs											(1,267	)		(1,990	)
Other changes											-			(27	)
Ending balance										$	2,406		$	2,650

(1)	Includes net charge-offs of $26 million, $431 million and $7 million in commercial loans and leases during the fourth, third and second quarters of 2010, respectively, in connection with BB&T's NPA disposition strategy.
(2)	Includes net charge-offs of $87 million and $141 million in mortgage loans during the second quarters of 2011 and 2010, respectively, in connection with BB&T's NPA disposition strategy.

13

BB&T Corporation
Credit Quality

			As of/For the Quarter Ended
	Sept. 30		June 30		March 31		Dec. 31		Sept. 30
	2011		2011		2011		2010		2010
Asset Quality Ratios (including amounts related to covered loans
and covered foreclosed property)
Loans 30-89 days past due and still accruing as a
percentage of total loans and leases (1)(2)	1.18	%	1.24	%	1.29	%	1.65	%	1.86	%
Loans 90 days or more past due and still accruing
as a percentage of total loans and leases (1)(2)	0.99		1.08		1.36		1.34		1.53
Nonperforming loans and leases as a
percentage of total loans and leases	1.85		2.07		2.49		2.49		2.64
Nonperforming assets as a percentage of:
Total assets	1.98		2.32		2.69		2.73		2.81
Loans and leases plus foreclosed property	3.05		3.46		3.97		3.94		4.11
Net charge-offs as a percentage of average loans and leases	1.57		1.71		1.56		2.02		3.31
Allowance for loan and lease losses as a percentage of
loans and leases held for investment	2.25		2.43		2.58		2.62		2.56
Ratio of allowance for loan and lease losses to:
Net charge-offs	1.42	X	1.41	X	1.61	X	1.27	X	0.75	X
Nonperforming loans and leases held for investment	1.20		1.22		1.09		1.26		1.32
Asset Quality Ratios (excluding amounts related to covered loans
and covered foreclosed property) (3)
Loans 30-89 days past due and still accruing as a
percentage of total loans and leases (1)(2)	1.03	%	1.00	%	1.11	%	1.39	%	1.65	%
Loans 90 days or more past due and still accruing
as a percentage of total loans and leases (1)(2)	0.18		0.20		0.27		0.29		0.29
Nonperforming loans and leases as a
percentage of total loans and leases	1.94		2.18		2.64		2.64		2.82
Nonperforming assets as a percentage of:
Total assets	1.83		2.18		2.56		2.64		2.76
Loans and leases plus foreclosed property	2.88		3.32		3.85		3.88		4.12
Net charge-offs as a percentage of average loans and leases (4)	1.44		1.80		1.65		2.15		3.54
Allowance for loan and lease losses as a percentage of
loans and leases held for investment	2.25		2.41		2.58		2.63		2.69
Ratio of allowance for loan and lease losses to:
Net charge-offs	1.55	X	1.32	X	1.52	X	1.20	X	0.74	X
Nonperforming loans and leases held for investment	1.15		1.14		1.03		1.19		1.30
							As of/For the
							Nine Months Ended
							September 30
							2011		2010
Asset Quality Ratios
Including covered loans:
Net charge-offs as a percentage of average loans and leases							1.61	%	2.55	%
Ratio of allowance for loan and lease losses to net charge-offs							1.39	X	0.98	X
Excluding covered loans:
Net charge-offs as a percentage of average loans and leases (4)							1.63	%	2.74	%
Ratio of allowance for loan and lease losses to net charge-offs							1.38	X	0.96	X

Applicable ratios are annualized.
(1)	Excludes mortgage loans guaranteed by GNMA that BB&T does not have the obligation to repurchase. Refer to the footnotes on page 12 of this supplement for amounts related to these loans.
(2)	Excludes mortgage loans guaranteed by the government. Refer to the footnotes on page 12 of this supplement for amounts related to these loans.
(3)	These asset quality ratios have been adjusted to remove the impact of covered loans and covered foreclosed property. Appropriate adjustments to the numerator and denominator have been reflected in the calculation of these ratios. Management believes the inclusion of covered loans in certain asset quality ratios that include nonperforming assets, past due loans or net charge-offs in the numerator or denominator results in distortion of these ratios and they may not be comparable to other periods presented or to other portfolios that were not impacted by purchase accounting.
(4)	Excluding the impact of losses and balances associated with BB&T's NPA disposition strategy, the adjusted net charge-offs ratio would have been 1.46%, 2.07% and 1.80% for the second quarter of 2011, and the fourth and third quarters of 2010. The adjusted net charge-off ratio would have been 1.52% and 1.94% for the nine months ended September 30, 2011 and 2010, respectively.

14

BB&T Corporation
Credit Quality - Supplemental Schedules
(Dollars in millions, except average loan and average client size) 

SUPPLEMENTAL COMMERCIAL REAL ESTATE LOAN PORTFOLIO INFORMATION (1)(2)
RESIDENTIAL ACQUISITION, DEVELOPMENT, AND CONSTRUCTION LOANS (ADC)
		As of/For the Period Ended September 30, 2011
	Builder /				Land / Land			Condos /
	Construction				Development			Townhomes		Total ADC
Total loans outstanding	$	647		$	1,653		$	114	$	2,414
Average loan size (in thousands)		208			496			877		367
Average client size (in thousands)		575			784			1,930		730
Nonaccrual loans and leases as a percentage of category		17.07	%		18.10	%		16.01	%	17.72	%
Gross charge-offs as a percentage of category:
Year-to-Date		7.24			10.95			6.38		9.71
Quarter-to-Date		3.29			11.95			6.90		9.39
		As of/For the Period Ended September 30, 2011
				Nonaccrual as a			Gross Charge-Offs as a Percentage of
RESIDENTIAL ACQUISITION, DEVELOPMENT, AND	Total			Percentage of				Outstandings
CONSTRUCTION LOANS (ADC) BY STATE OF ORIGINATION	Outstandings			Outstandings				Year-to-Date		Quarter-to-Date
North Carolina	$	1,076			19.34	%		11.55	%	7.96	%
Virginia		481			6.15			2.32		4.26
South Carolina		207			19.09			13.34		24.29
Georgia		186			18.61			12.15		12.67
Florida		131			21.30			11.42		10.32
Washington, D.C.		74			1.80			14.00		-
Tennessee		69			35.30			9.98		12.77
West Virginia		61			60.85			14.87		31.85
Kentucky		57			11.73			4.94		7.89
Maryland		43			3.35			0.24		-
Alabama		29			59.71			5.44		-
Total	$	2,414			17.72	%		9.71	%	9.39	%
OTHER COMMERCIAL REAL ESTATE LOANS (3)
		As of/For the Period Ended September 30, 2011
								Permanent
					Commercial			Income		Total Other
	Commercial				Land /			Producing		Commercial
	Construction				Development			Properties		Real Estate
Total loans outstanding	$	892		$	1,112		$	8,935	$	10,939
Average loan size (in thousands)		1,016			607			508		539
Average client size (in thousands)		1,392			718			774		795
Nonaccrual loans and leases as a percentage of category		2.69	%		10.53	%		3.33	%	4.01	%
Gross charge-offs as a percentage of category:
Year-to-Date		1.86			7.72			2.00		2.64
Quarter-to-Date		3.44			5.59			1.79		2.32
		As of/For the Period Ended September 30, 2011
				Nonaccrual as a			Gross Charge-Offs as a Percentage of
OTHER COMMERCIAL REAL ESTATE LOANS BY STATE OF	Total			Percentage of				Outstandings
ORIGINATION (3)	Outstandings			Outstandings				Year-to-Date		Quarter-to-Date
North Carolina	$	3,331			3.77	%		1.87	%	2.19	%
Virginia		1,858			1.56			0.90		0.99
Georgia		1,617			6.31			4.68		2.30
South Carolina		809			10.14			6.88		5.87
Florida		737			6.25			7.67		8.15
Washington, D.C.		597			1.62			1.24		0.39
Maryland		559			0.70			0.27		0.09
Kentucky		442			1.31			0.31		0.48
West Virginia		438			0.38			0.27		0.04
Tennessee		342			8.85			1.74		3.31
Alabama		111			1.91			0.50		0.06
Other		98			-			-		-
Total	$	10,939			4.01	%		2.64	%	2.32	%

Applicable ratios are annualized.
(1)	Commercial real estate loans (CRE) are defined as loans to finance non-owner occupied real property where the primary repayment source is the sale or rental/lease of the real property. Definition is based on internal classification. Excludes covered loans and in process items.
(2)	Includes net charge-offs and average balances related to loans transferred to held for sale while they were held for investment. Loans transferred to held for sale are excluded from total loans outstanding. As of September 30, 2011, there were $11 million ADC loans and $11 million other CRE loans held for sale. All of the held for sale ADC and Other CRE loans are on nonaccrual status.
(3)	C&I loans secured by real property are excluded.

15

BB&T Corporation
Credit Quality - Supplemental Schedules
(Dollars in millions, except average loan size) 

SUPPLEMENTAL RESIDENTIAL MORTGAGE PORTFOLIO INFORMATION (1)
				As of/For the Period Ended September 30, 2011
							Construction /
RESIDENTIAL MORTGAGE LOANS		Prime		ALT-A			Permanent			Subprime (2)			Total
Total loans outstanding	$	16,880		$	1,777		$	444		$	428	$	19,529
Average loan size (in thousands)		193			299			280			59		191
Average refreshed credit score (3)		729			699			728			578		723
Percentage that are first mortgages		100	%		100	%		99	%		81	%	99	%
Average loan to value at origination		74			68			73			74		73
Nonaccrual loans and leases as a percentage of category		1.10			3.69			6.58			8.06		1.62
Gross charge-offs as a percentage of category:
Year-to-Date		1.13			4.72			2.97			5.99		1.68
Quarter-to-Date		0.65			1.68			3.18			6.10		0.94
					As of/For the Period Ended September 30, 2011
							Nonaccrual as a				Gross Charge-Offs as a
				Total			Percentage of				Percentage of Outstandings
RESIDENTIAL MORTGAGE LOANS BY STATE				Outstandings			Outstandings				Year-to-Date		Quarter-to-Date
North Carolina				$	4,737			1.34	%		1.08	%	0.62	%
Virginia					3,206			1.07			1.22		0.46
Florida					2,378			3.30			4.05		2.46
Maryland					1,832			1.49			1.39		0.37
South Carolina					1,808			1.77			1.81		0.84
Georgia					1,701			1.79			2.73		2.45
Texas					553			0.01			0.04		-
Kentucky					517			1.08			0.45		0.14
Tennessee					412			1.96			1.00		0.26
West Virginia					380			1.23			0.55		0.61
Alabama					305			0.58			0.65		0.16
Washington, D.C.					251			1.11			1.08		0.51
Missouri					193			0.43			0.29		-
Indiana					129			0.38			0.27		0.10
Other					1,127			2.23			1.60		0.87
Total				$	19,529			1.62	%		1.68	%	0.94	%
SUPPLEMENTAL DIRECT RETAIL 1-4 FAMILY AND LOT/LAND REAL ESTATE PORTFOLIO INFORMATION (4)
					As of/For the Period Ended September 30, 2011
				Residential			Home Equity			Home Equity
DIRECT RETAIL 1-4 FAMILY AND LOT/LAND REAL ESTATE LOANS & LINES				Lot/Land Loans			Loans			Lines			Total
Total loans outstanding				$	1,132		$	6,355		$	5,294	$	12,781
Average loan size (in thousands) (5)					56			47			35		42
Average refreshed credit score (6)					725			726			763		748
Percentage that are first mortgages					100	%		80	%		29	%	61	%
Average loan to value at origination					78			62			63		64
Nonaccrual loans and leases as a percentage of category					3.83			1.23			0.53		1.17
Gross charge-offs as a percentage of category:
Year-to-Date					7.95			1.46			1.37		2.06
Quarter-to-Date					7.03			1.47			1.63		2.05
					As of/For the Period Ended September 30, 2011
							Nonaccrual as a				Gross Charge-Offs as a
DIRECT RETAIL 1-4 FAMILY AND LOT/LAND REAL ESTATE LOANS AND				Total			Percentage of				Percentage of Outstandings
LINES BY STATE OF ORIGINATION				Outstandings			Outstandings				Year-to-Date		Quarter-to-Date
North Carolina				$	4,306			1.33	%		2.10	%	2.03	%
Virginia					2,905			0.66			0.99		1.11
South Carolina					1,189			1.63			2.57		2.05
Georgia					1,013			1.44			3.66		4.06
Maryland					825			0.94			1.65		1.82
West Virginia					772			0.96			1.04		1.24
Florida					669			1.74			5.54		5.04
Kentucky					589			1.14			1.04		1.18
Tennessee					344			1.18			2.62		2.73
Washington, D.C.					87			0.97			2.56		2.29
Other					82			0.62			0.67		0.10
Total				$	12,781			1.17	%		2.06	%	2.05	%

Applicable ratios are annualized.
(1)	Excludes mortgage loans held for sale, covered loans, mortgage loans guaranteed by GNMA that BB&T does not have the obligation to repurchase and in process items.
(2)	Includes $307 million in loans originated by Lendmark Financial Services, which are disclosed as a part of the specialized lending category.
(3)	Weighted based on outstanding balance.
(4)	Direct retail 1-4 family and lot/land real estate loans are originated through the BB&T Community Banking network. Excludes covered loans and in process items.
(5)	Home equity lines without an outstanding balance are excluded from this calculation.
(6)	Based on number of accounts.

16

BB&T Corporation
Credit Quality - Supplemental Schedules
(Dollars in millions) 

SUPPLEMENTAL TROUBLED DEBT RESTRUCTURINGS INFORMATION
	As of September 30, 2011
					Past Due 30-89				Past Due 90+
	Current Status				Days				Days				Total
Performing restructurings: (1)
Commercial loans
Commercial and industrial	$	64	100.0	%	$	-	-	%	$	-	-	%	$	64
Commercial real estate—other		123	99.2			-	-			1	0.8			124
Commercial real estate—residential ADC		53	96.4			2	3.6			-	-			55
Direct retail lending		131	92.9			8	5.7			2	1.4			141
Sales finance loans		5	83.3			-	-			1	16.7			6
Revolving credit loans		50	79.4			7	11.1			6	9.5			63
Residential mortgage loans (2)		470	82.7			88	15.5			10	1.8			568
Specialized lending		41	89.1			4	8.7			1	2.2			46
Total performing restructurings		937	87.8			109	10.2			21	2.0			1,067
Nonperforming restructurings (3)		98	30.7			41	12.9			180	56.4			319
Total restructurings (2)	$	1,035	74.7	%	$	150	10.8	%	$	201	14.5	%	$	1,386

(1)	Past due performing restructurings are included in past due disclosures.
(2)	Excludes restructured mortgage loans that are government guaranteed totaling $214 million.
(3)	Nonperforming restructurings are included in nonaccrual loan disclosures.

17

BB&T Corporation
Capital Information - Five Quarter Trend
(Dollars in millions, except per share data, shares in thousands) 

	As of / Quarter Ended
		Sept. 30				June 30			March 31			Dec. 31			Sept. 30
		2011				2011			2011			2010			2010
Selected Capital Information (1)
Risk-based capital
Tier 1	$	14,696			$	14,363		$	14,100		$	13,959		$	13,828
Total		18,839				18,641			18,389			18,319			18,465
Risk-weighted assets (2)		117,182				116,041			116,484			118,131			117,894
Average quarterly tangible assets		159,268				151,677			151,049			153,349			149,253
Risk-based capital ratios
Tier 1			12.5	%		12.4	%		12.1	%		11.8	%		11.7	%
Total			16.1			16.1			15.8			15.5			15.7
Leverage capital ratio			9.2			9.5			9.3			9.1			9.3
Equity as a percentage of total assets			10.5			10.7			10.6			10.5			10.7
Book value per common share	$		25.07		$	24.37		$	23.86		$	23.67		$	24.11
Selected Non-GAAP Capital Information (3)
Tangible common equity as a percentage of tangible assets			7.1	%		7.2	%		7.2	%		7.1	%		7.0	%
Tier 1 common equity as a percentage of risk-weighted assets			9.8			9.6			9.3			9.1			9.0
Tangible book value per common share	$		16.42		$	15.95		$	15.59		$	15.43		$	15.25
Calculations of Tier 1 common equity and tangible assets and related measures:
Tier 1 equity	$	14,696			$	14,363		$	14,100		$	13,959		$	13,828
Less:
Qualifying restricted core capital elements			3,249			3,249			3,248			3,248			3,255
Tier 1 common equity	$	11,447			$	11,114		$	10,852		$	10,711		$	10,573
Total assets	$	167,677			$	159,310		$	157,039		$	157,081		$	157,230
Less:
Intangible assets, net of deferred taxes			6,330			6,353			6,374			6,391			6,419
Plus:
Regulatory adjustments, net of deferred taxes			99			389			572			636			207
Tangible assets	$	161,446			$	153,346		$	151,237		$	151,326		$	151,018
Total risk-weighted assets (2)	$	117,182			$	116,041		$	116,484		$	118,131		$	117,894
Tangible common equity as a percentage of tangible assets			7.1	%		7.2	%		7.2	%		7.1	%		7.0	%
Tier 1 common equity as a percentage of risk-weighted assets			9.8			9.6			9.3			9.1			9.0
Tier 1 common equity	$	11,447			$	11,114		$	10,852		$	10,711		$	10,573
Outstanding shares at end of period (in thousands)		697,101				696,894			696,285			694,381			693,560
Tangible book value per common share	$		16.42		$	15.95		$	15.59		$	15.43		$	15.25

(1)	Current quarter regulatory capital information is preliminary.
(2)	Risk-weighted assets are determined based on regulatory capital requirements. Under the regulatory framework for determining risk-weighted assets each asset class is assigned a risk-weighting of 0%, 20%, 50% or 100% based on the underlying risk of the specific asset class. In addition, off balance sheet exposures are first converted to a balance sheet equivalent amount and subsequently assigned to one of the four risk-weightings.
(3)	Tangible common equity and Tier 1 common equity ratios are Non-GAAP measures. BB&T uses the Tier 1 common equity definition used in the SCAP assessment to calculate these ratios. BB&T's management uses these measures to assess the quality of capital and believes that investors may find them useful in their analysis of the Corporation. These capital measures are not necessarily comparable to similar capital measures that may be presented by other companies.

18

BB&T Corporation
Selected Items & Additional Information
(Dollars in millions, except per share data) 

			Favorable (Unfavorable)
Selected Items			Pre-Tax			After-Tax
Third Quarter 2011
Losses/write-downs related to NPA disposition strategy	Other noninterest income	$	(37	)	$	(23	)
Leveraged lease sale	Other noninterest expense		(16	)		10
Second Quarter 2011
Losses/write-downs related to NPA disposition strategy	Other noninterest income		(27	)		(17	)
First Quarter 2011
Losses/write-downs related to NPA disposition strategy	Other noninterest income		(74	)		(46	)
Fourth Quarter 2010
Losses/write-downs related to NPA disposition strategy	Other noninterest income		(62	)		(39	)
Third Quarter 2010
Losses/write-downs related to NPA disposition strategy	Other noninterest income		(28	)		(17	)
Second Quarter 2010
No selected items noted
First Quarter 2010
Colonial premises and equipment adjustment	Occupancy and equipment expense		16			10
Contingency reserve adjustment	Other noninterest expense		11			7

							As of / Quarter Ended
		Sept. 30			June 30				March 31			Dec. 31			Sept. 30
		2011			2011				2011			2010			2010
Selected Mortgage Banking Information
Income statement impact of mortgage servicing rights valuation
MSRs fair value increase (decrease)	$	(299	)	$	(61	)		$	41		$	191		$	(101	)
MSRs hedge gains (losses)		329			59				(39	)		(176	)		132
Net	$	30		$	(2	)		$	2		$	15		$	31
Residential mortgage loan originations	$	5,549		$	3,888			$	5,802		$	8,406		$	6,656
Residential mortgage servicing portfolio (1)
Loans serviced for others		66,305			65,872				64,894			61,795			60,207
Bank-owned loans serviced		22,413			20,956				21,174			21,680			20,258
Total servicing portfolio		88,718			86,828				86,068			83,475			80,465
Weighted-average coupon rate		5.10	%		5.14	%			5.17	%		5.26	%		5.37	%
Weighted-average servicing fee		0.341			0.344				0.346			0.350			0.354
Selected Miscellaneous Information
Derivatives notional amount	$	67,403		$	58,060			$	57,160		$	65,386		$	67,201
Fair value of derivatives		207			(29	)			(77	)		(69	)		277
Accumulated comprehensive income related to securities,
net of tax (2)		159			(128	)			(307	)		(333	)		49
Common stock prices
High		27.36			27.81				29.60			27.57			28.69
Low		18.92			25.24				25.95			22.15			21.72
End of period		21.33			26.84				27.45			26.29			24.08
Banking offices		1,780			1,778				1,781			1,782			1,790
ATMs		2,484			2,475				2,476			2,481			2,494
FTEs		31,684			31,617				31,365			31,354			31,331

(1)	Amounts reported are unpaid principal balance.
(2)	Includes the impact of the FDIC loss sharing agreements on the covered securities.

19

BB&T Corporation
NON-GAAP Reconciliation Table

	Quarter Ended
	Sept. 30		June 30		March 31		Dec. 31		Sept. 30
NON-GAAP Reconciliation Table	2011		2011		2011		2010		2010
Efficiency ratio - GAAP	66.1	%	64.1	%	67.4	%	60.9	%	57.3	%
Effect of securities gains (losses), net	(1.0	)	-		-		2.4		5.6
Effect of merger-related and restructuring charges, net	-		(0.1	)	0.1		(0.2	)	(0.4	)
Effect of losses/write-downs on NPA disposition loans	(0.9	)	(0.7	)	(2.1	)	(1.5	)	(0.6	)
Effect of FDIC loss share accounting	0.1		0.3		-		2.0		0.6
Effect of foreclosed property expense	(7.8	)	(6.6	)	(7.0	)	(7.1	)	(7.1	)
Effect of leveraged lease sale	(0.8	)	-		-		-		-
Effect of amortization of intangibles	(1.1	)	(1.2	)	(1.3	)	(1.2	)	(1.3	)
Efficiency ratio - reported	54.6		55.8		57.1		55.3		54.1
Fee income ratio - GAAP	32.2	%	36.1	%	35.1	%	41.3	%	45.2	%
Effect of securities gains (losses), net	1.1		-		-		(2.5	)	(5.8	)
Effect of losses/write-downs on NPA disposition loans	1.1		0.7		2.2		1.6		0.6
Effect of FDIC loss share accounting	4.9		4.0		2.8		1.4		2.3
Fee income ratio - reported	39.3		40.8		40.1		41.8		42.3
							Year-to-Date Sept. 30,
NON-GAAP Reconciliation Table							2011		2010
Efficiency ratio - GAAP							65.8	%	60.0	%
Effect of securities gains (losses), net							(0.4	)	3.6
Effect of merger-related and restructuring charges, net							-		(0.9	)
Effect of contingency reserve							-		0.2
Effect of losses/write-downs on NPA disposition loans							(1.2	)	(0.2	)
Effect of Colonial premises and equipment adjustments							-		0.3
Effect of FDIC loss share accounting							0.2		0.3
Effect of foreclosed property expense							(7.1	)	(8.5	)
Effect of leveraged lease sale							(0.3	)	-
Effect of amortization of intangibles							(1.2	)	(1.4	)
Efficiency ratio - reported							55.8		53.4
Fee income ratio - GAAP							34.5	%	42.3	%
Effect of securities gains (losses), net							0.4		(3.9	)
Effect of losses/write-downs on NPA disposition loans							1.3		0.2
Effect of FDIC loss share accounting							3.9		2.1
Fee income ratio - reported							40.1		40.7

20