exhibit992.htm - Generated by SEC Publisher for SEC Filing

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


		Quarter Ended								Year-to-Date
		June 30					%			June 30					%
		2012			2011		Change			2012			2011		Change
Summary Income Statement
Interest income	$	1,767		$	1,727		2.3	%	$	3,547		$	3,440		3.1	%
Interest expense		267			337		(20.8	)		574			729		(21.3	)
Net interest income - taxable equivalent		1,500			1,390		7.9			2,973			2,711		9.7
Less: Taxable-equivalent adjustment		38			36		5.6			75			72		4.2
Net interest income		1,462			1,354		8.0			2,898			2,639		9.8
Provision for credit losses		273			328		(16.8	)		561			668		(16.0	)
Net interest income after provision for credit losses		1,189			1,026		15.9			2,337			1,971		18.6
Noninterest income		966			787		22.7			1,837			1,501		22.4
Noninterest expense		1,426			1,395		2.2			2,811			2,767		1.6
Income before income taxes		729			418		74.4			1,363			705		93.3
Provision for income taxes		191			91		109.9			380			144		163.9
Net income		538			327		64.5			983			561		75.2
Noncontrolling interest		20			20		-			34			29		17.2
Preferred stock dividends		8			-		NM			8			-		NM
Net income available to common shareholders		510			307		66.1			941			532		76.9
Per Common Share Data
Earnings
Basic	$	0.73		$	0.44		65.9	%	$	1.35		$	0.76		77.6	%
Diluted		0.72			0.44		63.6			1.33			0.76		75.0
Cash dividends declared (1)		0.20			0.16		25.0			0.40			0.33		21.2
Book value		26.19			24.37		7.5			26.19			24.37		7.5
Tangible book value (2)		16.92			15.95		6.1			16.92			15.95		6.1

End of period shares outstanding (in thousands)		698,795			696,894		0.3			698,795			696,894		0.3
Weighted average shares (in thousands)
Basic		698,579			696,625		0.3			698,132			695,971		0.3
Diluted		708,454			704,969		0.5			707,990			704,583		0.5
Performance Ratios
Return on average assets		1.22	%		0.83	%				1.13	%		0.72	%
Return on average common shareholders' equity		11.21			7.25					10.49			6.38
Return on average tangible common shareholders' equity (3)		18.85			12.32					17.37			11.02
Net interest margin - taxable equivalent		3.95			4.15					3.94			4.08
Fee income ratio (4)		42.4			40.8					41.7			40.5
Efficiency ratio (4)		53.9			55.8					53.0			56.4
Credit Quality (including covered assets)
Nonperforming assets as a percentage of
Total assets		1.24	%		2.32	%				1.24	%		2.32	%
Loans and leases plus foreclosed property		1.93			3.46					1.93			3.46
Net charge-offs as a percentage of average
loans and leases		1.21			1.71					1.25			1.63
Allowance for loan and lease losses as a percentage
of loans and leases held for investment		1.91			2.43					1.91			2.43
Ratio of allowance for loan and lease losses to
nonperforming loans and leases held for investment		1.29	X		1.22	X				1.29	X		1.22	X
Average Balances
Total assets	$	176,870		$	157,730		12.1	%	$	175,420		$	157,332		11.5	%
Total securities (5)		37,114			27,060		37.2			36,850			26,065		41.4
Loans and leases		111,760			104,341		7.1			111,082			104,815		6.0
Deposits		125,348			106,466		17.7			124,977			106,042		17.9
Common shareholders' equity		18,302			17,014		7.6			18,038			16,817		7.3
Total shareholders' equity		18,737			17,072		9.8			18,283			16,874		8.4
Period-End Balances
Total assets	$	178,529		$	159,310		12.1	%	$	178,529		$	159,310		12.1	%
Total securities (5)		37,643			27,961		34.6			37,643			27,961		34.6
Loans and leases		113,811			105,350		8.0			113,811			105,350		8.0
Deposits		126,059			108,064		16.7			126,059			108,064		16.7
Common shareholders' equity		18,300			16,981		7.8			18,300			16,981		7.8
Total shareholders' equity		18,926			17,049		11.0			18,926			17,049		11.0
Capital Ratios (6)
Risk-based
Tier 1		10.2	%		12.4	%				10.2	%		12.4	%
Total		13.5			16.1					13.5			16.1
Leverage		7.3			9.5					7.3			9.5
Tangible common equity (2)		6.9			7.2					6.9			7.2
Tier 1 common equity to risk-weighted assets (2)		9.7			9.6					9.7			9.6


Applicable ratios are annualized.
(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 20 of this supplement.

(3)	Return on average tangible common shareholders' equity is a Non-GAAP measure. See the calculation and management's reasons for using this measure on page 22 of this supplement.

(4)	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 21 of this supplement. See Non-GAAP reconciliations on page 22 of this supplement.

(5)	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.
(6)	Current quarter regulatory capital information is preliminary.
NM	- Not meaningful.

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


		Quarter Ended
		June 30			March 31			Dec. 31			Sept. 30			June 30
		2012			2012			2011			2011			2011
Summary Income Statement
Interest income	$	1,767		$	1,780		$	1,807		$	1,788		$	1,727
Interest expense		267			307			318			334			337
Net interest income - taxable equivalent		1,500			1,473			1,489			1,454			1,390
Less: Taxable-equivalent adjustment		38			37			37			38			36
Net interest income		1,462			1,436			1,452			1,416			1,354
Provision for credit losses		273			288			272			250			328
Net interest income after provision for credit losses		1,189			1,148			1,180			1,166			1,026
Noninterest income		966			871			922			690			787
Noninterest expense		1,426			1,385			1,618			1,417			1,395
Income before income taxes		729			634			484			439			418
Provision for income taxes		191			189			84			68			91
Net income		538			445			400			371			327
Noncontrolling interest		20			14			9			5			20
Preferred stock dividends		8			-			-			-			-
Net income available to common shareholders		510			431			391			366			307
Per Common Share Data
Earnings
Basic	$	0.73		$	0.62		$	0.56		$	0.52		$	0.44
Diluted		0.72			0.61			0.55			0.52			0.44
Cash dividends declared		0.20			0.20			0.16			0.16			0.16
Book value		26.19			25.51			24.98			25.07			24.37
Tangible book value (1)		16.92			17.12			16.73			16.42			15.95

End of period shares outstanding (in thousands)		698,795			698,454			697,143			697,101			696,894
Weighted average shares (in thousands)
Basic		698,579			697,685			697,117			697,052			696,625
Diluted		708,454			707,369			706,178			705,604			704,969
Performance Ratios
Return on average assets		1.22	%		1.03	%		0.93	%		0.89	%		0.83	%
Return on average common shareholders' equity		11.21			9.75			8.76			8.30			7.25
Return on average tangible common shareholders' equity (2)		18.85			15.88			14.36			13.71			12.32
Net interest margin - taxable equivalent		3.95			3.93			4.02			4.09			4.15
Fee income ratio (3)		42.4			41.0			38.4			39.3			40.8
Efficiency ratio (3)		53.9			52.0			53.5			54.6			55.8
Credit Quality (including covered assets)
Nonperforming assets as a percentage of
Total assets		1.24	%		1.50	%		1.62	%		1.98	%		2.32	%
Loans and leases plus foreclosed property		1.93			2.35			2.52			3.05			3.46
Net charge-offs as a percentage of average
loans and leases		1.21			1.28			1.44			1.57			1.71
Allowance for loan and lease losses as a percentage
of loans and leases held for investment		1.91			2.02			2.10			2.25			2.43
Ratio of allowance for loan and lease losses to
nonperforming loans and leases held for investment		1.29	X		1.18	X		1.21	X		1.20	X		1.22	X
Average Balances
Total assets	$	176,870		$	173,969		$	171,496		$	165,520		$	157,730
Total securities (4)		37,114			36,589			35,867			31,567			27,060
Loans and leases		111,760			110,403			108,523			105,658			104,341
Deposits		125,348			124,606			121,925			115,056			106,466
Common shareholders' equity		18,302			17,772			17,693			17,490			17,014
Total shareholders' equity		18,737			17,829			17,755			17,551			17,072
Period-End Balances
Total assets	$	178,529		$	174,752		$	174,579		$	167,677		$	159,310
Total securities (4)		37,643			37,865			36,407			32,784			27,961
Loans and leases		113,811			110,686			111,205			107,449			105,350
Deposits		126,059			124,157			124,939			117,567			108,064
Common shareholders' equity		18,300			17,820			17,418			17,479			16,981
Shareholders' equity		18,926			17,882			17,480			17,541			17,049
Capital Ratios (5)
Risk-based
Tier 1		10.2	%		12.8	%		12.5	%		12.6	%		12.4	%
Total		13.5			16.2			15.7			16.1			16.1
Leverage		7.3			9.1			9.0			9.2			9.5
Tangible common equity (1)		6.9			7.1			6.9			7.1			7.2
Tier 1 common equity to risk-weighted assets (1)		9.7			10.0			9.7			9.8			9.6


Applicable ratios are annualized.
(1)	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 20 of this supplement.

(2)	Return on average tangible common shareholders' equity is a Non-GAAP measure. See the calculation and management's reasons for using this measure on page 22 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 21 of this supplement. See Non-GAAP reconciliations on page 22 of this supplement.

(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.

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


		Quarter Ended									Year-to-Date
		June 30				Change					June 30				Change
		2012		2011		$		%			2012		2011		$		%
Interest Income
Interest and fees on loans and leases	$	1,492	$	1,523	$	(31	)	(2.0	) %	$	2,994	$	3,043	$	(49	)	(1.6	) %
Interest and dividends on securities		230		163		67		41.1			464		313		151		48.2
Interest on other earning assets		6		4		2		50.0			13		10		3		30.0
Total interest income		1,728		1,690		38		2.2			3,471		3,366		105		3.1
Interest Expense
Interest on deposits		107		152		(45	)	(29.6	)		228		323		(95	)	(29.4	)
Interest on federal funds purchased, securities sold under
repurchase agreements and short-term borrowed funds		2		3		(1	)	(33.3	)		3		7		(4	)	(57.1	)
Interest on long-term debt		157		181		(24	)	(13.3	)		342		397		(55	)	(13.9	)
Total interest expense		266		336		(70	)	(20.8	)		573		727		(154	)	(21.2	)
Net interest income		1,462		1,354		108		8.0			2,898		2,639		259		9.8
Provision for credit losses		273		328		(55	)	(16.8	)		561		668		(107	)	(16.0	)
Net interest income after provision for credit loss		1,189		1,026		163		15.9			2,337		1,971		366		18.6
Noninterest income
Insurance income		393		299		94		31.4			664		549		115		20.9
Service charges on deposits		138		145		(7	)	(4.8	)		275		280		(5	)	(1.8	)
Mortgage banking income		182		83		99		119.3			398		178		220		123.6
Investment banking and brokerage fees and commissions		88		90		(2	)	(2.2	)		177		177		-		-
Checkcard fees		45		79		(34	)	(43.0	)		88		151		(63	)	(41.7	)
Bankcard fees and merchant discounts		59		52		7		13.5			113		98		15		15.3
Trust and investment advisory revenues		46		45		1		2.2			91		88		3		3.4
Income from bank-owned life insurance		27		29		(2	)	(6.9	)		57		59		(2	)	(3.4	)
FDIC loss share income, net		(74	)	(81	)	7		(8.6	)		(131	)	(139	)	8		(5.8	)
Securities gains (losses), net		(2	)	(2	)	-		-			(11	)	(2	)	(9	)	NM
Other income		64		48		16		33.3			116		62		54		87.1
Total noninterest income		966		787		179		22.7			1,837		1,501		336		22.4
Noninterest Expense
Personnel expense		775		683		92		13.5			1,505		1,377		128		9.3
Foreclosed property expense		72		145		(73	)	(50.3	)		164		288		(124	)	(43.1	)
Occupancy and equipment expense		159		152		7		4.6			312		306		6		2.0
Loan processing expenses		62		57		5		8.8			125		113		12		10.6
Regulatory charges		43		59		(16	)	(27.1	)		84		120		(36	)	(30.0	)
Professional services		39		38		1		2.6			74		69		5		7.2
Software expense		32		29		3		10.3			64		55		9		16.4
Amortization of intangibles		29		25		4		16.0			51		51		-		-
Merger-related and restructuring charges, net		2		2		-		-			14		-		14		NM
Other expenses		213		205		8		3.9			418		388		30		7.7
Total noninterest expense		1,426		1,395		31		2.2			2,811		2,767		44		1.6
Earnings
Income before income taxes		729		418		311		74.4			1,363		705		658		93.3
Provision for income taxes		191		91		100		109.9			380		144		236		163.9
Net Income		538		327		211		64.5			983		561		422		75.2
Noncontrolling interest		20		20		-		-			34		29		5		17.2
Preferred stock dividends		8		-		8		NM			8		-		8		NM
Net income available to common shareholders	$	510	$	307	$	203		66.1	%	$	941	$	532	$	409		76.9	%

Earnings Per Common Share
Basic	$	0.73	$	0.44	$	0.29		65.9	%	$	1.35	$	0.76	$	0.59		77.6	%
Diluted		0.72		0.44		0.28		63.6			1.33		0.76		0.57		75.0

Weighted Average Shares Outstanding
Basic		698,579		696,625		1,954		0.3			698,132		695,971		2,161		0.3
Diluted		708,454		704,969		3,485		0.5			707,990		704,583		3,407		0.5
NM - not meaningful.

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


		Quarter Ended
		June 30			March 31			Dec. 31			Sept. 30			June 30
		2012			2012			2011			2011			2011
Interest Income
Interest and fees on loans and leases	$	1,492		$	1,502		$	1,530		$	1,546		$	1,523
Interest and dividends on securities		230			234			235			199			163
Interest on other earning assets		6			7			4			5			4
Total interest income		1,728			1,743			1,769			1,750			1,690
Interest Expense
Interest on deposits		107			121			137			150			152
Interest on federal funds purchased, securities sold under
repurchase agreements and short-term borrowed funds		2			1			1			3			3
Interest on long-term debt		157			185			179			181			181
Total interest expense		266			307			317			334			336
Net interest income		1,462			1,436			1,452			1,416			1,354
Provision for credit losses		273			288			272			250			328
Net interest income after provision for credit loss		1,189			1,148			1,180			1,166			1,026
Noninterest income
Insurance income		393			271			254			241			299
Service charges on deposits		138			137			142			141			145
Mortgage banking income		182			216			135			123			83
Investment banking and brokerage fees and commissions		88			89			75			81			90
Checkcard fees		45			43			42			78			79
Bankcard fees and merchant discounts		59			54			55			51			52
Trust and investment advisory revenues		46			45			42			43			45
Income from bank-owned life insurance		27			30			30			33			29
FDIC loss share income, net		(74	)		(57	)		(46	)		(104	)		(81	)
Securities gains (losses), net		(2	)		(9	)		103			(39	)		(2	)
Other income		64			52			90			42			48
Total noninterest income		966			871			922			690			787
Noninterest Expense
Personnel expense		775			730			679			671			683
Foreclosed property expense		72			92			346			168			145
Occupancy and equipment expense		159			153			159			151			152
Loan processing expenses		62			63			59			55			57
Regulatory charges		43			41			46			46			59
Professional services		39			35			49			56			38
Software expense		32			32			33			30			29
Amortization of intangibles		29			22			24			24			25
Merger-related and restructuring charges, net		2			12			16			-			2
Other expenses		213			205			207			216			205
Total noninterest expense		1,426			1,385			1,618			1,417			1,395
Earnings
Income before income taxes		729			634			484			439			418
Provision for income taxes		191			189			84			68			91
Net Income		538			445			400			371			327
Noncontrolling interest		20			14			9			5			20
Preferred stock dividends		8
Net income available to common shareholders	$	510		$	431		$	391		$	366		$	307

Earnings Per Common Share
Basic	$	0.73		$	0.62		$	0.56		$	0.52		$	0.44
Diluted		0.72			0.61			0.55			0.52			0.44

Weighted Average Shares Outstanding
Basic		698,579			697,685			697,117			697,052			696,625
Diluted		708,454			707,369			706,178			705,604			704,969

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BB&T Corporation Lines of Business Financial Performance (1) Quarter Ended June 30, 2012 and 2011 (Dollars in millions)


							Residential								Dealer
	Community Banking						Mortgage Banking								Financial Services								Specialized Lending
	June 30		June 30		Percent		June 30			June 30			Percent		June 30			June 30			Percent		June 30		June 30			Percent
	2012		2011		Change		2012			2011			Change		2012			2011			Change		2012		2011			Change
Net interest income (expense)	$	517	$	483	7.0	%	$	285		$	244		16.8	%	$	210		$	212		(0.9	) %	$	175	$	155		12.9	%
Net intersegment interest income
(expense)		339		419	(19.1	)		(193	)		(182	)	6.0			(54	)		(69	)	(21.7	)		(40)		(41	)	(2.4	)
Segment net interest income		856		902	(5.1	)		92			62		48.4			156			143		9.1			135		114		18.4
Allocated provision for loan
and lease losses		190		125	52.0			38			146		(74.0	)		27			26		3.8			24		18		33.3
Noninterest income		280		298	(6.0	)		162			63		157.1			2			2		-			52		50		4.0
Intersegment net referral fees
(expense)		43		28	53.6			-			(1	)	(100.0	)		-			-		NM			-		-		NM
Noninterest expense		447		526	(15.0	)		92			69		33.3			25			23		8.7			58		59		(1.7	)
Amortization of intangibles		10		12	(16.7	)		-			-		NM			-			1		(100.0	)		2		2		-
Allocated corporate expenses		255		224	13.8			13			12		8.3			10			10		-			19		17		11.8
Income (loss) before income taxes		277		341	(18.8	)		111			(103	)	NM			96			85		12.9			84		68		23.5
Provision (benefit) for income
taxes		100		125	(20.0	)		42			(39	)	NM			36			32		12.5			19		13		46.2
Segment net income (loss)	$	177	$	216	(18.1	)	$	69		$	(64	)	NM		$	60		$	53		13.2		$	65	$	55		18.2

Identifiable segment assets
(period end)	$	61,081	$	61,410	(0.5	)	$	27,318		$	21,625		26.3		$	10,303		$	9,681		6.4		$	18,140	$	15,168		19.6



															Other, Treasury								Total BB&T
	Insurance Services						Financial Services								& Corporate (2)								Corporation
	June 30		June 30		Percent		June 30			June 30			Percent		June 30			June 30			Percent		June 30		June 30			Percent
	2012		2011		Change		2012			2011			Change		2012			2011			Change		2012		2011			Change
Net interest income (expense)	$	-	$	-	NM	%	$	30		$	28		7.1	%	$	245		$	232		5.6	%	$	1,462	$	1,354		8.0	%
Net intersegment interest income
(expense)		-		1	(100.0	)		82			60		36.7			(134	)		(188	)	(28.7	)		-		-		NM
Segment net interest income		-		1	(100.0	)		112			88		27.3			111			44		152.3			1,462		1,354		8.0
Allocated provision for loan
and lease losses		-		-	NM			(8)			(2	)	NM			2			15		(86.7	)		273		328		(16.8	)
Noninterest income		393		297	32.3			169			173		(2.3	)		(92	)		(96	)	(4.2	)		966		787		22.7
Intersegment net referral fees
(expense)		-		-	NM			6			3		100.0			(49	)		(30	)	63.3			-		-		NM
Noninterest expense		260		206	26.2			173			145		19.3			342			342		-			1,397		1,370		2.0
Amortization of intangibles		17		11	54.5			1			1		-			(1	)		(2	)	(50.0	)		29		25		16.0
Allocated corporate expenses		19		17	11.8			22			18		22.2			(338	)		(298	)	13.4			-		-		NM
Income (loss) before income taxes		97		64	51.6			99			102		(2.9	)		(35	)		(139	)	(74.8	)		729		418		74.4
Provision (benefit) for income
taxes		31		18	72.2			36			39		(7.7	)		(73	)		(97	)	(24.7	)		191		91		109.9
Segment net income (loss)	$	66	$	46	43.5		$	63		$	63		-		$	38		$	(42	)	(190.5	)	$	538	$	327		64.5

Identifiable segment assets
(period end)	$	3,299	$	2,341	40.9		$	8,216		$	6,233		31.8		$	50,172		$	42,852		17.1		$	178,529	$	159,310		12.1


(1)	Lines of business results are preliminary.
(2)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.
NM - not meaningful.

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BB&T Corporation Lines of Business Financial Performance (1) Year-To-Date June 30, 2012 and 2011 (Dollars in millions)


							Residential								Dealer
	Community Banking						Mortgage Banking								Financial Services								Specialized Lending
	June 30		June 30		Percent		June 30			June 30			Percent		June 30			June 30			Percent		June 30			June 30			Percent
	2012		2011		Change		2012			2011			Change		2012			2011			Change		2012			2011			Change
Net interest income (expense)	$	1,023	$	952	7.5	%	$	564		$	498		13.3	%	$	420		$	422		(0.5	) %	$	341		$	305		11.8	%
Net intersegment interest income
(expense)		697		849	(17.9	)		(384	)		(365	)	5.2			(113	)		(141	)	(19.9	)		(81	)		(83	)	(2.4	)
Segment net interest income		1,720		1,801	(4.5	)		180			133		35.3			307			281		9.3			260			222		17.1
Allocated provision for loan
and lease losses		445		329	35.3			16			225		(92.9	)		54			59		(8.5	)		51			22		131.8
Noninterest income		548		491	11.6			357			138		158.7			4			4		-			105			101		4.0
Intersegment net referral fees
(expense)		82		60	36.7			(1	)		(1	)	-			-			-		NM			-			-		NM
Noninterest expense		935		1,064	(12.1	)		177			132		34.1			50			45		11.1			121			114		6.1
Amortization of intangibles		19		25	(24.0	)		-			-		NM			-			1		(100.0	)		3			3		-
Allocated corporate expenses		512		450	13.8			27			24		12.5			19			19		-			38			36		5.6
Income (loss) before income taxes		439		484	(9.3	)		316			(111	)	NM			188			161		16.8			152			148		2.7
Provision (benefit) for income
taxes		157		176	(10.8	)		119			(42	)	NM			71			61		16.4			32			31		3.2
Segment net income (loss)	$	282	$	308	(8.4	)	$	197		$	(69	)	NM		$	117		$	100		17.0		$	120		$	117		2.6

Identifiable segment assets
(period end)	$	61,081	$	61,410	(0.5	)	$	27,318		$	21,625		26.3		$	10,303		$	9,681		6.4		$	18,140		$	15,168		19.6



															Other, Treasury								Total BB&T
	Insurance Services						Financial Services								& Corporate (2)								Corporation
	June 30		June 30		Percent		June 30			June 30			Percent		June 30			June 30			Percent		June 30			June 30			Percent
	2012		2011		Change		2012			2011			Change		2012			2011			Change		2012			2011			Change
Net interest income (expense)	$	1	$	1	-	%	$	57		$	51		11.8	%	$	492		$	410		20.0	%	$	2,898		$	2,639		9.8	%
Net intersegment interest income
(expense)		1		2	(50.0	)		162			116		39.7			(282	)		(378	)	(25.4	)		-			-		NM
Segment net interest income		2		3	(33.3	)		219			167		31.1			210			32		NM			2,898			2,639		9.8
Allocated provision for loan
and lease losses		-		-	NM			6			(11	)	(154.5	)		(11	)		44		(125.0	)		561			668		(16.0	)
Noninterest income		663		546	21.4			347			339		2.4			(187	)		(118	)	58.5			1,837			1,501		22.4
Intersegment net referral fees
(expense)		-		-	NM			12			8		50.0			(93	)		(67	)	38.8			-			-		NM
Noninterest expense		472		401	17.7			326			288		13.2			679			672		1.0			2,760			2,716		1.6
Amortization of intangibles		27		21	28.6			2			2		-			-			(1	)	(100.0	)		51			51		-
Allocated corporate expenses		39		34	14.7			45			36		25.0			(680	)		(599	)	13.5			-			-		NM
Income (loss) before income taxes		127		93	36.6			199			199		-			(58	)		(269	)	(78.4	)		1,363			705		93.3
Provision (benefit) for income
taxes		38		27	40.7			74			75		(1.3	)		(111	)		(184	)	(39.7	)		380			144		163.9
Segment net income (loss)	$	89	$	66	34.8		$	125		$	124		0.8		$	53		$	(85	)	(162.4	)	$	983		$	561		75.2

Identifiable segment assets
(period end)	$	3,299	$	2,341	40.9		$	8,216		$	6,233		31.8		$	50,172		$	42,852		17.1		$	178,529		$	159,310		12.1


(1)	Lines of business results are preliminary.
(2)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.
NM - not meaningful.

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BB&T Corporation Lines of Business Financial Performance - Five Quarter Trend (1) (Dollars in millions)


		Quarter Ended
Community Banking		June 30			March 31			Dec. 31			Sept. 30			June 30
		2012			2012			2011			2011			2011

Net interest income (expense)	$	517		$	506		$	499		$	486		$	483
Net intersegment interest income (expense)		339			358			388			405			419
Segment net interest income		856			864			887			891			902

Allocated provision for loan and lease losses		190			255			118			142			125
Noninterest income		280			268			241			284			298
Intersegment net referral fees (expense)		43			39			41			31			28
Noninterest expense		447			488			741			549			526
Amortization of intangibles		10			9			11			11			12
Allocated corporate expenses		255			257			225			224			224

Income (loss) before income taxes		277			162			74			280			341
Provision (benefit) for income taxes		100			57			24			102			125
Segment net income (loss)	$	177		$	105		$	50		$	178		$	216

Identifiable segment assets (period end)	$	61,081		$	60,750		$	61,072		$	61,008		$	61,410


		Quarter Ended
Residential Mortgage Banking		June 30			March 31			Dec. 31			Sept. 30			June 30
		2012			2012			2011			2011			2011

Net interest income (expense)	$	285		$	279		$	272		$	255		$	244
Net intersegment interest income (expense)		(193	)		(191	)		(187	)		(182	)		(182	)
Segment net interest income		92			88			85			73			62

Allocated provision for loan and lease losses		38			(22	)		39			56			146
Noninterest income		162			195			111			100			63
Intersegment net referral fees (expense)		-			(1	)		-			1			(1	)
Noninterest expense		92			85			86			78			69
Amortization of intangibles		-			-			-			-			-
Allocated corporate expenses		13			14			12			12			12

Income (loss) before income taxes		111			205			59			28			(103	)
Provision (benefit) for income taxes		42			77			22			11			(39	)
Segment net income (loss)	$	69		$	128		$	37		$	17		$	(64	)

Identifiable segment assets (period end)	$	27,318		$	25,288		$	25,471		$	23,270		$	21,625


		Quarter Ended
Dealer Financial Services		June 30			March 31			Dec. 31			Sept. 30			June 30
		2012			2012			2011			2011			2011

Net interest income (expense)	$	210		$	210		$	213		$	217		$	212
Net intersegment interest income (expense)		(54	)		(59	)		(62	)		(67	)		(69	)
Segment net interest income		156			151			151			150			143

Allocated provision for loan and lease losses		27			27			42			24			26
Noninterest income		2			2			2			1			2
Intersegment net referral fees (expense)		-			-			-			-			-
Noninterest expense		25			25			23			22			23
Amortization of intangibles		-			-			-			-			1
Allocated corporate expenses		10			9			9			9			10

Income (loss) before income taxes		96			92			79			96			85
Provision (benefit) for income taxes		36			35			30			36			32
Segment net income (loss)	$	60		$	57		$	49		$	60		$	53

Identifiable segment assets (period end)	$	10,303		$	10,050		$	9,874		$	9,803		$	9,681


		Quarter Ended
Specialized Lending		June 30			March 31			Dec. 31			Sept. 30			June 30
		2012			2012			2011			2011			2011

Net interest income (expense)	$	175		$	166		$	167		$	164		$	155
Net intersegment interest income (expense)		(40	)		(41	)		(43	)		(45	)		(41	)
Segment net interest income		135			125			124			119			114

Allocated provision for loan and lease losses		24			27			24			26			18
Noninterest income		52			53			57			53			50
Intersegment net referral fees (expense)		-			-			-			-			-
Noninterest expense		58			63			58			61			59
Amortization of intangibles		2			1			2			1			2
Allocated corporate expenses		19			19			18			18			17

Income (loss) before income taxes		84			68			79			66			68
Provision (benefit) for income taxes		19			13			15			12			13
Segment net income (loss)	$	65		$	55		$	64		$	54		$	55

Identifiable segment assets (period end)	$	18,140		$	16,889		$	16,766		$	16,089		$	15,168


(1)	Lines of business results are preliminary.

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BB&T Corporation Lines of Business Financial Performance - Five Quarter Trend (1) (Dollars in millions)


		Quarter Ended
Insurance Services		June 30			March 31			Dec. 31			Sept. 30			June 30
		2012			2012			2011			2011			2011

Net interest income (expense)	$	-		$	1		$	1		$	1		$	-
Net intersegment interest income (expense)		-			1			1			1			1
Segment net interest income		-			2			2			2			1

Allocated provision for loan and lease losses		-			-			-			-			-
Noninterest income		393			270			255			239			297
Intersegment net referral fees (expense)		-			-			-			-			-
Noninterest expense		260			212			187			198			206
Amortization of intangibles		17			10			11			10			11
Allocated corporate expenses		19			20			21			17			17

Income (loss) before income taxes		97			30			38			16			64
Provision (benefit) for income taxes		31			7			13			6			18
Segment net income (loss)	$	66		$	23		$	25		$	10		$	46

Identifiable segment assets (period end)	$	3,299		$	2,310		$	2,350		$	2,133		$	2,341


		Quarter Ended
Financial Services		June 30			March 31			Dec. 31			Sept. 30			June 30
		2012			2012			2011			2011			2011

Net interest income (expense)	$	30		$	27		$	29		$	27		$	28
Net intersegment interest income (expense)		82			80			80			71			60
Segment net interest income		112			107			109			98			88

Allocated provision for loan and lease losses		(8	)		14			9			1			(2	)
Noninterest income		169			178			183			172			173
Intersegment net referral fees (expense)		6			6			6			6			3
Noninterest expense		173			153			143			143			145
Amortization of intangibles		1			1			1			-			1
Allocated corporate expenses		22			23			19			20			18

Income (loss) before income taxes		99			100			126			112			102
Provision (benefit) for income taxes		36			38			47			42			39
Segment net income (loss)	$	63		$	62		$	79		$	70		$	63

Identifiable segment assets (period end)	$	8,216		$	7,790		$	7,413		$	6,561		$	6,233


		Quarter Ended
Other, Treasury & Corporate (2)		June 30			March 31			Dec. 31			Sept. 30			June 30
		2012			2012			2011			2011			2011

Net interest income (expense)	$	245		$	247		$	271		$	266		$	232
Net intersegment interest income (expense)		(134	)		(148	)		(177	)		(183	)		(188	)
Segment net interest income		111			99			94			83			44

Allocated provision for loan and lease losses		2			(13	)		40			1			15
Noninterest income		(92	)		(95	)		73			(159	)		(96	)
Intersegment net referral fees (expense)		(49	)		(44	)		(47	)		(38	)		(30	)
Noninterest expense		342			337			356			342			342
Amortization of intangibles		(1	)		1			(1	)		2			(2	)
Allocated corporate expenses		(338	)		(342	)		(304	)		(300	)		(298	)

Income (loss) before income taxes		(35	)		(23	)		29			(159	)		(139	)
Provision (benefit) for income taxes		(73	)		(38	)		(67	)		(141	)		(97	)
Segment net income (loss)	$	38		$	15		$	96		$	(18	)	$	(42	)

Identifiable segment assets (period end)	$	50,172		$	51,675		$	51,633		$	48,813		$	42,852


		Quarter Ended
Total BB&T Corporation		June 30			March 31			Dec. 31			Sept. 30			June 30
		2012			2012			2011			2011			2011

Net interest income (expense)	$	1,462		$	1,436		$	1,452		$	1,416		$	1,354
Net intersegment interest income (expense)		-			-			-			-			-
Segment net interest income		1,462			1,436			1,452			1,416			1,354

Allocated provision for loan and lease losses		273			288			272			250			328
Noninterest income		966			871			922			690			787
Intersegment net referral fees (expense)		-			-			-			-			-
Noninterest expense		1,397			1,363			1,594			1,393			1,370
Amortization of intangibles		29			22			24			24			25
Allocated corporate expenses		-			-			-			-			-

Income (loss) before income taxes		729			634			484			439			418
Provision (benefit) for income taxes		191			189			84			68			91
Segment net income (loss)	$	538		$	445		$	400		$	371		$	327

Identifiable segment assets (period end)	$	178,529		$	174,752		$	174,579		$	167,677		$	159,310


(1)	Lines of business results are preliminary.
(2)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.

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


		As of June 30						Change
		2012			2011			$		%
Assets
Cash and due from banks	$	1,409		$	1,199		$	210		17.5	%
Interest-bearing deposits with banks		2,246			1,337			909		68.0
Federal funds sold and securities purchased under
resale agreements or similar arrangements		212			250			(38	)	(15.2	)
Segregated cash due from banks		4			19			(15	)	(78.9	)
Trading securities at fair value		533			564			(31	)	(5.5	)
Securities available for sale at fair value (1)		25,067			19,409			5,658		29.2
Securities held to maturity		12,576			8,552			4,024		47.1
Loans and leases:
Commercial loans and leases
Commercial and industrial		36,938			34,166			2,772		8.1
Commercial real estate—other		10,457			11,134			(677	)	(6.1	)
Commercial real estate—residential ADC (2)		1,590			2,689			(1,099	)	(40.9	)
Direct retail lending		15,155			13,679			1,476		10.8
Sales finance loans		7,794			7,236			558		7.7
Revolving credit loans		2,206			2,091			115		5.5
Residential mortgage loans		23,117			18,372			4,745		25.8
Other lending subsidiaries		9,835			8,464			1,371		16.2
Other acquired loans		28			50			(22	)	(44.0	)
Total loans and leases held for investment (excluding covered loans)		107,120			97,881			9,239		9.4
Covered loans		3,955			5,504			(1,549	)	(28.1	)
Total loans and leases held for investment		111,075			103,385			7,690		7.4
Loans held for sale		2,736			1,965			771		39.2
Total loans and leases		113,811			105,350			8,461		8.0
Allowance for loan and lease losses		(2,126	)		(2,516	)		390		(15.5	)
FDIC loss share receivable		831			1,446			(615	)	(42.5	)
Premises and equipment		1,816			1,846			(30	)	(1.6	)
Goodwill		6,428			6,016			412		6.8
Core deposit and other intangible assets		683			457			226		49.5
Residential mortgage servicing rights at fair value		578			879			(301	)	(34.2	)
Other assets (3)		14,461			14,502			(41	)	(0.3	)
Total assets	$	178,529		$	159,310		$	19,219		12.1	%
Liabilities and Shareholders' Equity
Deposits:
Noninterest-bearing deposits	$	28,664		$	22,507		$	6,157		27.4	%
Interest checking		20,228			18,660			1,568		8.4
Money market and savings		46,611			39,356			7,255		18.4
Certificates and other time deposits		30,556			26,865			3,691		13.7
Foreign office deposits - interest-bearing		-			676			(676	)	(100.0	)
Total deposits		126,059			108,064			17,995		16.7
Fed funds purchased, repos and other borrowings		3,196			4,842			(1,646	)	(34.0	)
Long-term debt		22,561			23,380			(819	)	(3.5	)
Other liabilities		7,787			5,975			1,812		30.3
Total liabilities		159,603			142,261			17,342		12.2
Shareholders' equity:
Preferred stock		559			-			559		NM
Common stock		3,494			3,484			10		0.3
Additional paid-in capital		5,914			5,830			84		1.4
Retained earnings		9,433			8,241			1,192		14.5
Accumulated other comprehensive loss		(541	)		(574	)		33		(5.7	)
Noncontrolling interest		67			68			(1	)	(1.5	)
Total shareholders' equity		18,926			17,049			1,877		11.0
Total liabilities and shareholders' equity	$	178,529		$	159,310		$	19,219		12.1	%


(1)	Includes $1.6 billion and $1.7 billion at June 30, 2012 and 2011, respectively, covered by FDIC loss sharing agreements.
(2)	Commercial real estate - residential ADC represents residential acquisition, development and construction loans.
(3)	Includes $349 million and $390 million of foreclosed property and other assets covered by FDIC loss sharing agreements at June 30, 2012 and 2011, respectively.

NM - not meaningful.

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


								As of
		June 30			March 31			Dec. 31			Sept. 30			June 30
		2012			2012			2011			2011			2011
Assets
Cash and due from banks	$	1,409		$	1,336		$	1,562		$	1,312		$	1,199
Interest-bearing deposits with banks		2,246			2,464			2,646			2,907			1,337
Federal funds sold and securities purchased under
resale agreements or similar arrangements		212			252			136			185			250
Segregated cash due from banks		4			20			20			19			19
Trading securities at fair value		533			589			534			428			564
Securities available for sale at fair value (1)		25,067			24,380			22,313			24,649			19,409
Securities held to maturity		12,576			13,485			14,094			8,135			8,552
Loans and leases:
Commercial loans and leases
Commercial and industrial		36,938			36,156			36,415			34,817			34,166
Commercial real estate—other		10,457			10,543			10,689			10,931			11,134
Commercial real estate—residential ADC		1,590			1,823			2,061			2,414			2,689
Direct retail lending		15,155			14,862			14,467			13,882			13,679
Sales finance loans		7,794			7,587			7,401			7,265			7,236
Revolving credit loans		2,206			2,159			2,212			2,128			2,091
Residential mortgage loans		23,117			21,513			20,581			19,361			18,372
Other lending subsidiaries		9,835			8,951			8,737			8,636			8,464
Other acquired loans		28			35			39			47			50
Total loans and leases held for investment (excluding covered loans)		107,120			103,629			102,602			99,481			97,881
Covered loans		3,955			4,532			4,867			5,222			5,504
Total loans and leases held for investment		111,075			108,161			107,469			104,703			103,385
Loans held for sale		2,736			2,525			3,736			2,746			1,965
Total loans and leases		113,811			110,686			111,205			107,449			105,350
Allowance for loan and lease losses		(2,126	)		(2,181	)		(2,256	)		(2,355	)		(2,516	)
FDIC loss share receivable		831			949			1,100			1,221			1,446
Premises and equipment		1,816			1,822			1,855			1,864			1,846
Goodwill		6,428			6,077			6,078			6,016			6,016
Core deposit and other intangible assets		683			422			444			433			457
Residential mortgage servicing rights at fair value		578			696			563			573			879
Other assets (2)		14,461			13,755			14,285			14,841			14,502
Total assets	$	178,529		$	174,752		$	174,579		$	167,677		$	159,310
Liabilities and Shareholders' Equity
Deposits:
Noninterest-bearing deposits	$	28,664		$	27,410		$	25,684		$	24,557		$	22,507
Interest checking		20,228			20,318			20,701			18,971			18,660
Money market and savings		46,611			46,759			44,618			43,858			39,356
Certificates and other time deposits		30,556			29,648			33,899			30,142			26,865
Foreign office deposits - interest-bearing		-			22			37			39			676
Total deposits		126,059			124,157			124,939			117,567			108,064
Fed funds purchased, repos and other borrowings		3,196			3,436			3,566			3,953			4,842
Long-term debt		22,561			22,768			21,803			22,153			23,380
Other liabilities		7,787			6,509			6,791			6,463			5,975
Total liabilities		159,603			156,870			157,099			150,136			142,261
Shareholders' equity:
Preferred stock		559			-			-			-			-
Common stock		3,494			3,492			3,486			3,486			3,484
Additional paid-in capital		5,914			5,880			5,873			5,856			5,830
Retained earnings		9,433			9,064			8,772			8,493			8,241
Accumulated other comprehensive loss		(541	)		(616	)		(713	)		(356	)		(574	)
Noncontrolling interest		67			62			62			62			68
Total shareholders' equity		18,926			17,882			17,480			17,541			17,049
Total liabilities and shareholders' equity	$	178,529		$	174,752		$	174,579		$	167,677		$	159,310


(1)	Includes $1.6 billion, $1.6 billion, $1.6 billion, $1.7 billion and $1.7 billion at June 30, 2012, March 31, 2012, December 31, 2011, September 30, 2011 and June 30, 2011, respectively, covered by FDIC loss sharing agreements.

(2)	Includes $349 million, $403 million, $415 million, $387 million and $390 million of foreclosed property and other assets covered by FDIC loss sharing agreements at June 30, 2012, March 31, 2012, December 31, 2011, September 30, 2011 and June 30, 2011, respectively.

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


		Quarter Ended									Year-to-Date
		June 30				Change					June 30				Change
		2012		2011		$		%			2012		2011		$		%
Assets
Total securities, at amortized cost (1)
U.S. government-sponsored entities (GSE)	$	848	$	106	$	742		NM	%	$	835	$	100	$	735		NM	%
Mortgage-backed securities issued by GSE		32,176		22,516		9,660		42.9			31,957		21,468		10,489		48.9
States and political subdivisions		1,857		1,889		(32	)	(1.7	)		1,858		1,928		(70	)	(3.6	)
Non-agency mortgage-backed securities		338		547		(209	)	(38.2	)		374		571		(197	)	(34.5	)
Other securities		704		745		(41	)	(5.5	)		618		748		(130	)	(17.4	)
Covered securities		1,191		1,257		(66	)	(5.3	)		1,208		1,250		(42	)	(3.4	)
Total securities		37,114		27,060		10,054		37.2			36,850		26,065		10,785		41.4
Other earning assets		3,511		2,834		677		23.9			3,507		2,906		601		20.7
Loans and leases
Commercial loans and leases
Commercial and industrial		36,293		33,647		2,646		7.9			36,157		33,540		2,617		7.8
Commercial real estate—other		10,578		11,287		(709	)	(6.3	)		10,628		11,328		(700	)	(6.2	)
Commercial real estate—residential ADC		1,744		2,933		(1,189	)	(40.5	)		1,867		3,105		(1,238	)	(39.9	)
Direct retail lending		15,042		13,629		1,413		10.4			14,858		13,650		1,208		8.8
Sales finance loans		7,690		7,184		506		7.0			7,603		7,132		471		6.6
Revolving credit loans		2,178		2,070		108		5.2			2,176		2,077		99		4.8
Residential mortgage loans		22,114		18,311		3,803		20.8			21,585		18,120		3,465		19.1
Other lending subsidiaries		9,370		8,029		1,341		16.7			9,019		7,914		1,105		14.0
Other acquired loans		29		53		(24	)	(45.3	)		34		55		(21	)	(38.2	)
Total loans and leases held for investment
(excluding covered loans)		105,038		97,143		7,895		8.1			103,927		96,921		7,006		7.2
Covered loans		4,211		5,625		(1,414	)	(25.1	)		4,442		5,775		(1,333	)	(23.1	)
Total loans and leases held for investment		109,249		102,768		6,481		6.3			108,369		102,696		5,673		5.5
Loans held for sale		2,511		1,573		938		59.6			2,713		2,119		594		28.0
Total loans and leases		111,760		104,341		7,419		7.1			111,082		104,815		6,267		6.0
Total earning assets		152,385		134,235		18,150		13.5			151,439		133,786		17,653		13.2
Nonearning assets		24,485		23,495		990		4.2			23,981		23,546		435		1.8
Total assets	$	176,870	$	157,730	$	19,140		12.1	%	$	175,420	$	157,332	$	18,088		11.5	%
Liabilities and Shareholders' Equity
Deposits
Noninterest-bearing deposits	$	27,643	$	22,151	$	5,492		24.8	%	$	26,908	$	21,574	$	5,334		24.7	%
Interest checking		19,911		18,337		1,574		8.6			19,812		17,980		1,832		10.2
Money market and savings		46,557		39,388		7,169		18.2			46,112		39,060		7,052		18.1
Certificates and other time deposits		31,205		25,977		5,228		20.1			32,073		26,393		5,680		21.5
Foreign office deposits - interest-bearing		32		613		(581	)	(94.8	)		72		1,035		(963	)	(93.0	)
Total deposits		125,348		106,466		18,882		17.7			124,977		106,042		18,935		17.9
Fed funds purchased, repos and other borrowings		3,362		5,486		(2,124	)	(38.7	)		3,407		6,381		(2,974	)	(46.6	)
Long-term debt		22,544		23,114		(570	)	(2.5	)		22,132		22,500		(368	)	(1.6	)
Other liabilities		6,879		5,592		1,287		23.0			6,621		5,535		1,086		19.6
Total liabilities		158,133		140,658		17,475		12.4			157,137		140,458		16,679		11.9
Shareholders' equity		18,737		17,072		1,665		9.8			18,283		16,874		1,409		8.4
Total liabilities and shareholders' equity	$	176,870	$	157,730	$	19,140		12.1	%	$	175,420	$	157,332	$	18,088		11.5	%


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.

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


		Quarter Ended
		June 30		March 31		Dec. 31		Sept. 30		June 30
		2012		2012		2011		2011		2011
Assets
Total securities, at amortized cost (1)
U.S. government-sponsored entities (GSE)	$	848	$	820	$	709	$	236	$	106
Mortgage-backed securities issued by GSE		32,176		31,742		31,053		27,104		22,516
States and political subdivisions		1,857		1,858		1,861		1,864		1,889
Non-agency mortgage-backed securities		338		411		459		511		547
Other securities		704		532		544		598		745
Covered securities		1,191		1,226		1,241		1,254		1,257
Total securities		37,114		36,589		35,867		31,567		27,060
Other earning assets		3,511		3,502		2,974		4,034		2,834
Loans and leases
Commercial loans and leases
Commercial and industrial		36,293		36,021		35,232		34,280		33,647
Commercial real estate—other		10,578		10,678		10,839		11,069		11,287
Commercial real estate—residential ADC		1,744		1,989		2,298		2,576		2,933
Direct retail lending		15,042		14,674		14,141		13,754		13,629
Sales finance loans		7,690		7,516		7,308		7,234		7,184
Revolving credit loans		2,178		2,175		2,159		2,109		2,070
Residential mortgage loans		22,114		21,056		20,051		18,818		18,311
Other lending subsidiaries		9,370		8,668		8,627		8,652		8,029
Other acquired loans		29		38		42		48		53
Total loans and leases held for investment (excluding covered loans)		105,038		102,815		100,697		98,540		97,143
Covered loans		4,211		4,672		5,109		5,342		5,625
Total loans and leases held for investment		109,249		107,487		105,806		103,882		102,768
Loans held for sale		2,511		2,916		2,717		1,776		1,573
Total loans and leases		111,760		110,403		108,523		105,658		104,341
Total earning assets		152,385		150,494		147,364		141,259		134,235
Nonearning assets		24,485		23,475		24,132		24,261		23,495
Total assets	$	176,870	$	173,969	$	171,496	$	165,520	$	157,730
Liabilities and Shareholders' Equity
Deposits
Noninterest-bearing deposits	$	27,643	$	26,173	$	25,216	$	23,370	$	22,151
Interest checking		19,911		19,712		19,467		19,004		18,337
Money market and savings		46,557		45,667		44,789		42,174		39,388
Certificates and other time deposits		31,205		32,942		32,290		30,140		25,977
Foreign office deposits - interest-bearing		32		112		163		368		613
Total deposits		125,348		124,606		121,925		115,056		106,466
Fed funds purchased, repos and other borrowings		3,362		3,452		3,727		4,307		5,486
Long-term debt		22,544		21,720		21,689		22,347		23,114
Other liabilities		6,879		6,362		6,400		6,259		5,592
Total liabilities		158,133		156,140		153,741		147,969		140,658
Shareholders' equity		18,737		17,829		17,755		17,551		17,072
Total liabilities and shareholders' equity	$	176,870	$	173,969	$	171,496	$	165,520	$	157,730


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

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


		Quarter Ended
	June 30, 2012						March 31, 2012
		(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)	$	848	$	3	1.49	%	$	820	$	3	1.54	%
Mortgage-backed securities issued by GSE		32,176		160	1.98			31,742		174	2.20
States and political subdivisions		1,857		27	5.85			1,858		27	5.84
Non-agency mortgage-backed securities		338		5	5.76			411		6	5.98
Other securities		704		3	1.58			532		2	1.64
Covered securities		1,191		46	15.62			1,226		34	11.02
Total securities		37,114		244	2.62			36,589		246	2.70
Other earning assets		3,511		6	0.69			3,502		7	0.76
Loans and leases
Commercial loans and leases
Commercial and industrial		36,293		366	4.06			36,021		362	4.04
Commercial real estate—other		10,578		100	3.79			10,678		101	3.81
Commercial real estate—residential ADC		1,744		16	3.67			1,989		18	3.58
Direct retail lending		15,042		181	4.82			14,674		178	4.89
Sales finance loans		7,690		77	4.03			7,516		80	4.27
Revolving credit loans		2,178		45	8.35			2,175		46	8.51
Residential mortgage loans		22,114		247	4.47			21,056		239	4.54
Other lending subsidiaries		9,370		260	11.17			8,668		249	11.53
Other acquired loans		29		3	46.05			38		4	39.18
Total loans and leases held for investment
(excluding covered loans)		105,038		1,295	4.95			102,815		1,277	4.99
Covered loans		4,211		200	19.01			4,672		224	19.32
Total loans and leases held for investment		109,249		1,495	5.50			107,487		1,501	5.61
Loans held for sale		2,511		22	3.51			2,916		26	3.62
Total loans and leases		111,760		1,517	5.45			110,403		1,527	5.56
Total earning assets		152,385		1,767	4.65			150,494		1,780	4.75
Nonearning assets		24,485						23,475
Total assets	$	176,870					$	173,969

Liabilities and Shareholders' Equity
Interest-bearing deposits
Interest checking	$	19,911		6	0.12		$	19,712		6	0.13
Money market and savings		46,557		22	0.19			45,667		22	0.19
Certificates and other time deposits		31,205		79	1.02			32,942		93	1.13
Foreign office deposits - interest-bearing		32		-	0.06			112		-	0.03
Total interest-bearing deposits		97,705		107	0.44			98,433		121	0.49
Fed funds purchased, repos and other borrowings		3,362		3	0.31			3,452		1	0.23
Long-term debt		22,544		157	2.79			21,720		185	3.41
Total interest-bearing liabilities		123,611		267	0.87			123,605		307	1.00
Noninterest-bearing deposits		27,643						26,173
Other liabilities		6,879						6,362
Shareholders' equity		18,737						17,829
Total liabilities and shareholders' equity	$	176,870					$	173,969

Average interest-rate spread					3.78						3.75

Net interest income/ net interest margin			$	1,500	3.95	%			$	1,473	3.93	%

Taxable-equivalent adjustment			$	38					$	37


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.

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


		Quarter Ended
		December 31, 2011						September 30, 2011						June 30, 2011
		(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)	$	709	$	2	1.57	%	$	236	$	1	0.88	%	$	106		$	-	1.91	%
Mortgage-backed securities issued by GSE		31,053		164	2.12			27,104		129	1.89			22,516			95	1.69
States and political subdivisions		1,861		28	5.82			1,864		26	5.78			1,889			28	5.74
Non-agency mortgage-backed securities		459		8	7.26			511		9	6.90			547			8	6.44
Other securities		544		2	1.61			598		2	1.55			745			3	1.49
Covered securities		1,241		43	13.89			1,254		45	14.21			1,257			43	13.66
Total securities		35,867		247	2.76			31,567		212	2.68			27,060			177	2.62
Other earning assets		2,974		4	0.57			4,034		6	0.51			2,834			4	0.62
Loans and leases
Commercial loans and leases
Commercial and industrial		35,232		368	4.14			34,280		363	4.21			33,647			356	4.25
Commercial real estate—other		10,839		105	3.82			11,069		105	3.78			11,287			107	3.79
Commercial real estate—residential ADC		2,298		20	3.46			2,576		23	3.53			2,933			26	3.56
Direct retail lending		14,141		179	5.03			13,754		177	5.10			13,629			175	5.15
Sales finance loans		7,308		84	4.56			7,234		87	4.78			7,184			90	4.99
Revolving credit loans		2,159		48	8.68			2,109		46	8.77			2,070			45	8.75
Residential mortgage loans		20,051		232	4.65			18,818		228	4.83			18,311			219	4.80
Other lending subsidiaries		8,627		247	11.36			8,652		246	11.28			8,029			233	11.68
Other acquired loans		42		4	37.22			48		4	33.74			53			5	34.52
Total loans and leases held for investment
(excluding covered loans)		100,697		1,287	5.08			98,540		1,279	5.16			97,143			1,256	5.19
Covered loans		5,109		244	18.96			5,342		273	20.29			5,625			274	19.47
Total loans and leases held for investment		105,806		1,531	5.75			103,882		1,552	5.94			102,768			1,530	5.97
Loans held for sale		2,717		25	3.71			1,776		18	3.98			1,573			16	4.01
Total loans and leases		108,523		1,556	5.69			105,658		1,570	5.91			104,341			1,546	5.94
Total earning assets		147,364		1,807	4.88			141,259		1,788	5.03			134,235			1,727	5.16
Nonearning assets		24,132						24,261						23,495
Total assets	$	171,496					$	165,520					$	157,730

Liabilities and Shareholders' Equity
Interest-bearing deposits
Interest checking	$	19,467		7	0.15		$	19,004		8	0.16		$	18,337			8	0.16
Money market and savings		44,789		24	0.21			42,174		30	0.29			39,388			35	0.35
Certificates and other time deposits		32,290		106	1.30			30,140		112	1.47			25,977			111	1.72
Foreign office deposits - interest-bearing		163		-	0.03			368		-	0.04			613			(2)	(0.97	)
Total interest-bearing deposits		96,709		137	0.56			91,686		150	0.65			84,315			152	0.72
Fed funds purchased, repos and other borrowings		3,727		2	0.24			4,307		3	0.31			5,486			4	0.22
Long-term debt		21,689		179	3.28			22,347		181	3.22			23,114			181	3.14
Total interest-bearing liabilities		122,125		318	1.04			118,340		334	1.12			112,915			337	1.19
Noninterest-bearing deposits		25,216						23,370						22,151
Other liabilities		6,400						6,259						5,592
Shareholders' equity		17,755						17,551						17,072
Total liabilities and shareholders' equity	$	171,496					$	165,520					$	157,730

Average interest-rate spread					3.84						3.91							3.97

Net interest income/ net interest margin			$	1,489	4.02	%			$	1,454	4.09	%			$		1,390	4.15	%

Taxable-equivalent adjustment			$	37					$	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.

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


		Year-to-Date
		June 30, 2012					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)	$	835	$	6	1.51	%	$	100	$	1	2.14	%
Mortgage-backed securities issued by GSE		31,957		334	2.09			21,468		179	1.67
States and political subdivisions		1,858		54	5.85			1,928		55	5.65
Non-agency mortgage-backed securities		374		11	5.88			571		18	6.41
Other securities		618		5	1.61			748		6	1.53
Covered securities		1,208		80	13.29			1,250		80	12.86
Total securities		36,850		490	2.66			26,065		339	2.60
Other earning assets		3,507		13	0.73			2,906		10	0.71
Loans and leases
Commercial loans and leases
Commercial and industrial		36,157		728	4.05			33,540		715	4.30
Commercial real estate—other		10,628		201	3.80			11,328		215	3.82
Commercial real estate—residential ADC		1,867		34	3.62			3,105		54	3.53
Direct retail lending		14,858		359	4.85			13,650		349	5.16
Sales finance loans		7,603		157	4.15			7,132		181	5.11
Revolving credit loans		2,176		91	8.43			2,077		91	8.82
Residential mortgage loans		21,585		486	4.51			18,120		442	4.88
Other lending subsidiaries		9,019		509	11.34			7,914		460	11.72
Other acquired loans		34		7	42.15			55		9	33.05
Total loans and leases held for investment
(excluding covered loans)		103,927		2,572	4.97			96,921		2,516	5.23
Covered loans		4,442		424	19.18			5,775		536	18.70
Total loans and leases held for investment		108,369		2,996	5.55			102,696		3,052	5.98
Loans held for sale		2,713		48	3.57			2,119		39	3.68
Total loans and leases		111,082		3,044	5.50			104,815		3,091	5.94
Total earning assets		151,439		3,547	4.70			133,786		3,440	5.17
Nonearning assets		23,981						23,546
Total assets	$	175,420					$	157,332

Liabilities and Shareholders' Equity
Interest-bearing deposits
Interest checking	$	19,812		12	0.13		$	17,980		15	0.16
Money market and savings		46,112		44	0.19			39,060		75	0.39
Certificates and other time deposits		32,073		172	1.08			26,393		235	1.80
Foreign office deposits - interest-bearing		72		-	0.04			1,035		(2)	(0.47	)
Total interest-bearing deposits		98,069		228	0.47			84,468		323	0.77
Fed funds purchased, repos and other borrowings		3,407		4	0.27			6,381		9	0.27
Long-term debt		22,132		342	3.10			22,500		397	3.55
Total interest-bearing liabilities		123,608		574	0.93			113,349		729	1.29
Noninterest-bearing deposits		26,908						21,574
Other liabilities		6,621						5,535
Shareholders' equity		18,283						16,874
Total liabilities and shareholders' equity	$	175,420					$	157,332

Average interest-rate spread					3.77						3.88

Net interest income/ net interest margin			$	2,973	3.94	%			$	2,711	4.08	%

Taxable-equivalent adjustment			$	75					$	72


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.

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BB&T Corporation Credit Quality (Dollars in millions)


						As of
		June 30		March 31		Dec. 31		Sept. 30		June 30
		2012		2012		2011		2011		2011
Nonperforming assets (1)
Nonaccrual loans and leases
Commercial loans and leases
Commercial and industrial	$	620	$	685	$	582	$	579	$	611
Commercial real estate—other		301		312		394		438		467
Commercial real estate—residential ADC		241		312		376		428		460
Direct retail lending		133		139		142		151		172
Sales finance loans		13		15		7		7		7
Residential mortgage loans		263		320		308		298		292
Other lending subsidiaries		76		60		63		56		52
Total nonaccrual loans and leases held for investment		1,647		1,843		1,872		1,957		2,061
Loans held for sale		-		-		-		26		116
Total nonaccrual loans and leases		1,647		1,843		1,872		1,983		2,177
Foreclosed real estate (2)		221		378		536		950		1,147
Other foreclosed property		29		35		42		36		29
Total nonperforming assets (excluding covered assets) (2)	$	1,897	$	2,256	$	2,450	$	2,969	$	3,353
Performing troubled debt restructurings (TDRs) (3)
Commercial loans and leases
Commercial and industrial	$	62	$	76	$	74	$	64	$	100
Commercial real estate—other		78		82		117		124		153
Commercial real estate—residential ADC		28		30		44		55		105
Direct retail lending		114		117		146		141		143
Sales finance loans		7		7		8		6		6
Revolving credit loans		58		61		62		63		62
Residential mortgage loans (6)		636		589		608		568		570
Other lending subsidiaries		69		53		50		46		39
Total performing TDRs (6)	$	1,052	$	1,015	$	1,109	$	1,067	$	1,178
Loans 90 days or more past due and still accruing
Commercial loans and leases
Commercial and industrial	$	2	$	2	$	2	$	1	$	4
Commercial real estate—other		-		1		-		2		4
Direct retail lending		38		48		55		52		59
Sales finance loans		11		13		18		19		21
Revolving credit loans		13		14		17		15		16
Residential mortgage loans (7)(9)		78		72		104		91		90
Other lending subsidiaries		4		6		5		5		7
Other acquired loans		1		1		1		2		2
Total loans 90 days past due and still accruing (excluding covered loans) (4)(7)(9)	$	147	$	157	$	202	$	187	$	203
Loans 30-89 days past due
Commercial loans and leases
Commercial and industrial	$	53	$	62	$	85	$	76	$	72
Commercial real estate—other		16		26		22		27		35
Commercial real estate—residential ADC		9		8		14		27		25
Direct retail lending		119		135		161		148		154
Sales finance loans		49		50		75		67		68
Revolving credit loans		20		20		22		23		22
Residential mortgage loans (8)(10)		423		397		479		445		426
Other lending subsidiaries		218		172		273		243		198
Other acquired loans		-		-		1		1		-
Total loans 30-89 days past due (excluding covered loans) (5)(8)(10)	$	907	$	870	$	1,132	$	1,057	$	1,000


(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 $310 million, $364 million, $378 million, $355 million and $348 million at June 30, 2012, March 31, 2012, December 31, 2011, September 30, 2011 and June 30, 2011, respectively, that are covered by FDIC loss sharing agreements.

(3)		Excludes TDRs that are nonperforming totaling $219 million, $263 million, $280 million, $319 million and $381 million at June 30, 2012, March 31, 2012, December 31, 2011, September 30, 2011 and June 30, 2011, 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 $613 million, $677 million, $736 million, $872 million and $935 million at June 30, 2012, March 31, 2012, December 31, 2011, September 30, 2011 and June 30, 2011, respectively.

(5)		Excludes loans past due 30-89 days that are covered by FDIC loss sharing agreements totaling $199 million, $258 million, $222 million, $211 million and $308 million at June 30, 2012, March 31, 2012, December 31, 2011, September 30, 2011 and June 30, 2011, respectively.

(6)		Excludes restructured mortgage loans that are government guaranteed totaling $266 million, $242 million, $236 million, $214 million, and $184 million at June 30, 2012, March 31, 2012, December 31, 2011, September 30, 2011 and June 30, 2011, respectively. Includes mortgage loans held for sale.

(7)		Excludes mortgage loans past due 90 days or more that are government guaranteed totaling $217 million, $218 million, $206 million, $185 million and $162 million at June 30, 2012, March 31, 2012, December 31, 2011, September 30, 2011 and June 30, 2011, respectively. Includes past due mortgage loans held for sale.


(8)		Excludes mortgage loans past due 30-89 days that are government guaranteed totaling $94 million, $82 million, $91 million, $82 million and $78 million at June 30, 2012, March 31, 2012, December 31, 2011, September 30, 2011 and June 30, 2011, respectively. Includes past due mortgage loans held for sale.

(9)		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 $453 million, $439 million, $426 million, $389 million and $389 million at June 30, 2012, March 31, 2012, December 31, 2011, September 30, 2011 and June 30, 2011, respectively.


(10)		Excludes mortgage loans guaranteed by GNMA that BB&T does not have the obligation to repurchase that are past due 30-89 days totaling $5 million, $5 million, $7 million, $7 million and $7 million at June 30, 2012, March 31, 2012, December 31, 2011, September 30, 2011 and June 30, 2011, respectively.

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BB&T Corporation Credit Quality (Dollars in millions)


		As of/For the Quarter Ended
		June 30			March 31			Dec. 31			Sept. 30			June 30
		2012			2012			2011			2011			2011
Allowance for credit losses
Beginning balance	$	2,221		$	2,285		$	2,406		$	2,575		$	2,691
Provision for credit losses (excluding covered loans)		259			285			223			243			313
Provision for covered loans		14			3			49			7			15
Charge-offs
Commercial loans and leases
Commercial and industrial		(92	)		(63	)		(81	)		(102	)		(62	)
Commercial real estate—other		(51	)		(73	)		(60	)		(64	)		(81	)
Commercial real estate—residential ADC		(74	)		(54	)		(92	)		(61	)		(78	)
Direct retail lending		(56	)		(57	)		(58	)		(74	)		(66	)
Sales finance loans		(7	)		(7	)		(8	)		(7	)		(7	)
Revolving credit loans		(20	)		(22	)		(21	)		(23	)		(24	)
Residential mortgage loans (1)		(30	)		(42	)		(45	)		(41	)		(129	)
Other lending subsidiaries		(47	)		(60	)		(53	)		(42	)		(43	)
Covered loans		(12	)		(15	)		(13	)		(53	)		-
Total charge-offs		(389	)		(393	)		(431	)		(467	)		(490	)
Recoveries
Commercial loans and leases
Commercial and industrial		4			4			6			9			9
Commercial real estate—other		3			3			3			6			6
Commercial real estate—residential ADC		23			8			5			9			7
Direct retail lending		8			10			10			10			8
Sales finance loans		2			3			2			2			3
Revolving credit loans		4			5			5			4			5
Residential mortgage loans		1			1			2			1			1
Other lending subsidiaries		7			7			5			7			7
Total recoveries		52			41			38			48			46
Net charge-offs		(337	)		(352	)		(393	)		(419	)		(444	)
Ending balance	$	2,157		$	2,221		$	2,285		$	2,406		$	2,575
Allowance for credit losses
Allowance for loan and lease losses (excluding covered loans)	$	1,987		$	2,044		$	2,107		$	2,242		$	2,357
Allowance for covered loans		139			137			149			113			159
Reserve for unfunded lending commitments		31			40			29			51			59
Total	$	2,157		$	2,221		$	2,285		$	2,406		$	2,575


											As of/For the
											Six Months Ended
											June 30
											2012			2011
Allowance for credit losses
Beginning balance										$	2,285		$	2,755
Provision for credit losses (excluding covered loans)											544			653
Provision for covered loans											17			15
Charge-offs
Commercial loans and leases
Commercial and industrial											(155	)		(140	)
Commercial real estate—other											(124	)		(149	)
Commercial real estate—residential ADC											(128	)		(149	)
Direct retail lending											(113	)		(144	)
Sales finance loans											(14	)		(17	)
Revolving credit loans											(42	)		(51	)
Residential mortgage loans (1)											(72	)		(183	)
Other lending subsidiaries											(107	)		(95	)
Covered loans											(27	)		-
Total charge-offs											(782	)		(928	)
Recoveries
Commercial loans and leases
Commercial and industrial											8			13
Commercial real estate—other											6			9
Commercial real estate—residential ADC											31			11
Direct retail lending											18			17
Sales finance loans											5			5
Revolving credit loans											9			10
Residential mortgage loans											2			2
Other lending subsidiaries											14			13
Total recoveries											93			80
Net charge-offs											(689	)		(848	)
Ending balance										$	2,157		$	2,575


(1)	Includes charge-offs of $87 million in the second quarter of 2011 in connection with BB&T's NPL disposition strategy.

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BB&T Corporation Credit Quality


			As of/For the Quarter Ended
	June 30		March 31		Dec. 31		Sept. 30		June 30
	2012		2012		2011		2011		2011
Asset Quality Ratios (including covered assets)
Loans 30-89 days past due and still accruing as a
percentage of total loans and leases (1)(2)	0.97	%	1.02	%	1.22	%	1.18	%	1.24	%
Loans 90 days or more past due and still accruing
as a percentage of total loans and leases (1)(2)	0.67		0.75		0.84		0.99		1.08
Nonperforming loans and leases as a
percentage of total loans and leases	1.45		1.67		1.68		1.85		2.07
Nonperforming assets as a percentage of:
Total assets	1.24		1.50		1.62		1.98		2.32
Loans and leases plus foreclosed property	1.93		2.35		2.52		3.05		3.46
Net charge-offs as a percentage of average loans and leases	1.21		1.28		1.44		1.57		1.71
Allowance for loan and lease losses as a percentage of
loans and leases held for investment	1.91		2.02		2.10		2.25		2.43
Ratio of allowance for loan and lease losses to:
Net charge-offs	1.57	X	1.54	X	1.45	X	1.42	X	1.41	X
Nonperforming loans and leases held for investment	1.29		1.18		1.21		1.20		1.22
Asset Quality Ratios (excluding covered assets) (3)
Loans 30-89 days past due and still accruing as a
percentage of total loans and leases (1)(2)	0.83	%	0.82	%	1.06	%	1.03	%	1.00	%
Loans 90 days or more past due and still accruing
as a percentage of total loans and leases (1)(2)	0.13		0.15		0.19		0.18		0.20
Nonperforming loans and leases as a
percentage of total loans and leases	1.50		1.74		1.76		1.94		2.18
Nonperforming assets as a percentage of:
Total assets	1.09		1.33		1.45		1.83		2.18
Loans and leases plus foreclosed property	1.72		2.12		2.29		2.88		3.32
Net charge-offs as a percentage of average loans and leases (4)	1.22		1.28		1.46		1.44		1.80
Allowance for loan and lease losses as a percentage of
loans and leases held for investment	1.86		1.97		2.05		2.25		2.41
Ratio of allowance for loan and lease losses to:
Net charge-offs	1.52	X	1.51	X	1.40	X	1.55	X	1.32	X
Nonperforming loans and leases held for investment	1.21		1.11		1.13		1.15		1.14


							As of/For the
							Six Months Ended
							June 30
							2012		2011
Asset Quality Ratios
Including covered loans:
Net charge-offs as a percentage of average loans and leases							1.25	%	1.63	%
Ratio of allowance for loan and lease losses to net charge-offs							1.53	X	1.47	X
Excluding covered loans:
Net charge-offs as a percentage of average loans and leases (4)							1.25	%	1.73	%
Ratio of allowance for loan and lease losses to net charge-offs							1.49	X	1.38	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 16 of this supplement for amounts related to these loans.

(2)	Excludes mortgage loans guaranteed by the government. Refer to the footnotes on page 16 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 NPL disposition strategy, the adjusted net charge-offs ratio would have been 1.46% for the second quarter of 2011, and 1.56% for the six months ended June 30, 2011.

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


		As of June 30, 2012
					Past Due 30-89					Past Due 90+
		Current Status				Days				Days						Total
Performing restructurings: (1)
Commercial loans
Commercial and industrial	$	62	100.0	%	$	-		-	%		$	-	-	%	$	62
Commercial real estate—other		78	100.0			-		-				-	-			78
Commercial real estate—residential ADC		28	100.0			-		-				-	-			28
Direct retail lending		106	92.9			6		5.3				2	1.8			114
Sales finance loans		6	85.7			-		-				1	14.3			7
Revolving credit loans		48	82.8			6		10.3				4	6.9			58
Residential mortgage loans (2)		554	87.1			70		11.0				12	1.9			636
Other lending subsidiaries		62	89.9			7		10.1				-	-			69
Total performing restructurings		944	89.7			89		8.5				19	1.8			1,052
Nonperforming restructurings (3)		62	28.3			39		17.8				118	53.9			219
Total restructurings (2)	$	1,006	79.1	%	$	128		10.1	%		$	137	10.8	%	$	1,271





							Quarter Ended
			June 30		March 31			Dec. 31				Sept. 30			June 30
			2012		2012			2011				2011			2011
Net charge-offs as a percentage of
average loans and leases:
Commercial loans and leases
Commercial and industrial			0.97	%	0.66		%	0.84			%	1.08		%		0.64	%
Commercial real estate—other			1.84		2.64			2.11				2.09				2.64
Commercial real estate—residential ADC		11.74			9.37			14.84				8.06				9.62
Direct retail lending			1.27		1.29			1.36				1.84				1.70
Sales finance loans			0.24		0.23			0.34				0.28				0.24
Revolving credit loans			3.05		3.12			3.13				3.30				3.77
Residential mortgage loans			0.53		0.78			0.86				0.84				2.80
Other lending subsidiaries			1.74		2.45			2.16				1.61				1.83
Covered loans			1.11		1.29			0.99				3.97				-
Total loans and leases (4)			1.21		1.28			1.44				1.57				1.71

Total loans and leases, excluding covered loans (4)			1.22		1.28			1.46				1.44				1.80


													Year-to-date
													June 30			June 30
													2012			2011
Net charge-offs as a percentage of
average loans and leases:
Commercial loans and leases
Commercial and industrial												0.82		%		0.77	%
Commercial real estate—other												2.24				2.49
Commercial real estate—residential ADC												10.48				8.95
Direct retail lending												1.28				1.88
Sales finance loans												0.24				0.33
Revolving credit loans												3.09				4.05
Residential mortgage loans												0.65				2.01
Other lending subsidiaries												2.08				2.10
Covered loans												1.20				-
Total loans and leases (4)												1.25				1.63

Total loans and leases, excluding covered loans (4)												1.25				1.73


Applicable ratios are annualized.
(1)	Past due performing restructurings are included in past due disclosures.
(2)	Excludes restructured mortgage loans that are government guaranteed totaling $266 million.
(3)	Nonperforming restructurings are included in nonaccrual loan disclosures.
(4)	Total loans and leases includes loans held for sale

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


		As of / Quarter Ended
	June 30			March 31			Dec. 31			Sept. 30			June 30
	2012			2012			2011			2011			2011
Selected Capital Information (1)
Risk-based capital
Tier 1	$	12,382		$	15,207		$	14,913		$	14,696		$	14,363
Total		16,432			19,342			18,802			18,837			18,641
Risk-weighted assets (2)		121,916			119,042			119,725			117,020			116,041
Average quarterly tangible assets		170,021			167,771			165,349			159,268			151,677
Risk-based capital ratios
Tier 1		10.2	%		12.8	%		12.5	%		12.6	%		12.4	%
Total		13.5			16.2			15.7			16.1			16.1
Leverage capital ratio		7.3			9.1			9.0			9.2			9.5
Equity as a percentage of total assets		10.6			10.2			10.0			10.5			10.7
Book value per common share	$	26.19		$	25.51		$	24.98		$	25.07		$	24.37

Selected Non-GAAP Capital Information (3)
Tangible common equity as a percentage of tangible assets		6.9	%		7.1	%		6.9	%		7.1	%		7.2	%
Tier 1 common equity as a percentage of risk-weighted assets		9.7			10.0			9.7			9.8			9.6

Tangible book value per common share	$	16.92		$	17.12		$	16.73		$	16.42		$	15.95

Calculations of Tier 1 common equity and tangible assets and related measures:

Tier 1 equity	$	12,382		$	15,207		$	14,913		$	14,696		$	14,363
Less:
Preferred stock		559			-			-			-			-
Qualifying restricted core capital elements		-			3,250			3,250			3,249			3,249
Tier 1 common equity	$	11,823		$	11,957		$	11,663		$	11,447		$	11,114

Total assets	$	178,529		$	174,752		$	174,579		$	167,677		$	159,310
Less:
Intangible assets, net of deferred taxes		6,950			6,402			6,406			6,330			6,353
Plus:
Regulatory adjustments, net of deferred taxes		239			327			421			99			389
Tangible assets	$	171,818		$	168,677		$	168,594		$	161,446		$	153,346

Total risk-weighted assets (2)	$	121,916		$	119,042		$	119,725		$	117,020		$	116,041

Tangible common equity as a percentage of tangible assets		6.9	%		7.1	%		6.9	%		7.1	%		7.2	%
Tier 1 common equity as a percentage of risk-weighted assets		9.7			10.0			9.7			9.8			9.6

Tier 1 common equity	$	11,823		$	11,957		$	11,663		$	11,447		$	11,114

Outstanding shares at end of period (in thousands)		698,795			698,454			697,143			697,101			696,894

Tangible book value per common share	$	16.92		$	17.12		$	16.73		$	16.42		$	15.95


(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.

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


												Favorable (Unfavorable)
Selected Items											Pre -Tax				After -Tax

Second Quarter 2012
Leveraged lease tax benefit		Provision for income taxes										N/A		$		12

First Quarter 2012
Tax related items, net (1)		Other noninterest income								$		(42	)			(50	)
Leveraged lease write-downs		Other noninterest expense										(15	)			(10	)

Fourth Quarter 2011
Losses/write-downs related to NPL disposition strategy		Other noninterest income										(11	)			(7	)
VISA indemnification		Other noninterest expense										(11	)			(7	)

Third Quarter 2011
Losses/write-downs related to NPL disposition strategy		Other noninterest income										(37	)			(23	)
Leveraged lease sale		Other noninterest expense										(16	)			10

Second Quarter 2011
Losses/write-downs related to NPL disposition strategy		Other noninterest income										(27	)			(17	)

First Quarter 2011
Losses/write-downs related to NPL disposition strategy		Other noninterest income										(74	)			(46	)

		As of / Quarter Ended
	June 30			March 31			Dec. 31				Sept. 30				June 30
	2012			2012			2011				2011				2011

Selected Mortgage Banking Information
Income statement impact of mortgage servicing rights valuation
MSRs fair value increase (decrease)	$	(132	)	$	93		$	(23	)	$		(299	)	$		(61	)
MSRs hedge gains (losses)		152			(53	)		45				329				59
Net	$	20		$	40		$	22		$		30		$		(2	)

Residential mortgage loan originations	$	8,045		$	8,250		$	8,424		$		5,549		$		3,888

Residential mortgage servicing portfolio (2)
Loans serviced for others		71,389			70,318			67,066				66,305				65,872
Bank-owned loans serviced		26,171			24,308			24,574				22,413				20,956
Total servicing portfolio		97,560			94,626			91,640				88,718				86,828

Weighted-average coupon rate		4.81	%		4.89	%		5.02	%			5.10	%			5.14	%
Weighted-average servicing fee		0.327			0.332			0.338				0.341				0.344

Selected Miscellaneous Information
Derivatives notional amount	$	76,989		$	69,059		$	67,581		$		67,403		$		58,060
Fair value of derivatives		(52	)		(78	)		19				207				(29	)
Accumulated comprehensive income related to securities,
net of tax (3)		216			134			50				159				(128	)
Common stock prices
High		32.74			31.94			25.57				27.36				27.81
Low		27.40			25.26			19.76				18.92				25.24
End of period		30.85			31.39			25.17				21.33				26.84

Banking offices		1,774			1,773			1,779				1,780				1,778
ATMs		2,511			2,436			2,483				2,484				2,475
FTEs		32,998			31,185			31,774				31,684				31,617


(1)	Includes write-downs of investments in affordable housing and other tax adjustments.
(2)	Amounts reported are unpaid principal balance.
(3)	Includes the impact of the FDIC loss sharing agreements on the covered securities.

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BB&T Corporation Non-GAAP Reconciliations (Dollars in millions)


		Quarter Ended
		June 30		March 31		Dec. 31			Sept. 30		June 30
Efficiency and Fee Income Ratios (1)		2012		2012		2011			2011		2011
Efficiency ratio - GAAP		57.9	%	59.0	%	67.1	%		66.1	%	64.1	%
Effect of securities gains (losses), net		-		(0.2	)	2.4			(1.0	)	-
Effect of merger-related and restructuring charges, net		(0.1	)	(0.5	)	(0.7	)		-		(0.1	)
Effect of losses/write-downs on NPL disposition loans		-		-		(0.2	)		(0.9	)	(0.7	)
Effect of FDIC loss share accounting		0.2		0.1		0.9			0.1		0.3
Effect of affordable housing investments write-down		-		(1.0	)	-			-		-
Effect of foreclosed property expense		(2.9	)	(3.9	)	(14.5	)		(7.8	)	(6.6	)
Effect of leveraged lease sale/write-downs		-		(0.6	)	-			(0.8	)	-
Effect of VISA indemnification		-		-		(0.5	)		-		-
Effect of amortization of intangibles		(1.2	)	(0.9	)	(1.0	)		(1.1	)	(1.2	)
Efficiency ratio - reported		53.9		52.0		53.5			54.6		55.8
Fee income ratio - GAAP		39.2	%	37.1	%	38.2	%		32.2	%	36.1	%
Effect of securities gains (losses), net		-		0.2		(2.7	)		1.1		-
Effect of losses/write-downs on NPL disposition loans		-		-		0.3			1.1		0.7
Effect of affordable housing investments write-down		-		1.1		-			-		-
Effect of FDIC loss share accounting		3.2		2.6		2.6			4.9		4.0
Fee income ratio - reported		42.4		41.0		38.4			39.3		40.8

									Year-to-Date June 30
									2012		2011
Efficiency ratio - GAAP									58.4	%	65.7	%
Effect of securities gains (losses), net									(0.1	)	-
Effect of merger-related and restructuring charges, net									(0.3	)	-
Effect of losses/write-downs on NPL disposition loans									-		(1.4	)
Effect of FDIC loss share accounting									0.2		0.1
Effect of affordable housing investments write-down									(0.5	)	-
Effect of foreclosed property expense									(3.4	)	(6.8	)
Effect of leveraged lease sale/write-downs									(0.3	)	-
Effect of amortization of intangibles									(1.0	)	(1.2	)
Efficiency ratio - reported									53.0		56.4
Fee income ratio - GAAP									38.2	%	35.6	%
Effect of securities gains (losses), net									0.1		-
Effect of losses/write-downs on NPL disposition loans									-		1.5
Effect of affordable housing investments write-down									0.5		-
Effect of FDIC loss share accounting									2.9		3.4
Fee income ratio - reported									41.7		40.5

					Quarter Ended
		June 30		March 31		Dec. 31			Sept. 30		June 30
Return on Average Tangible Common Shareholders' Equity (2)		2012		2012		2011			2011		2011
Net income available to common shareholders	$	510	$	431	$	391		$	366	$	307
Plus:
Amortization of intangibles, net of tax		18		14		15			15		16
Tangible net income available to common shareholders	$	528	$	445	$	406		$	381	$	323
Average common shareholders' equity	$	18,302	$	17,772	$	17,693		$	17,490	$	17,014
Less:
Average intangible assets		7,031		6,510		6,485			6,461		6,485

Average tangible common shareholders' equity	$	11,271	$	11,262	$	11,208		$	11,029	$	10,529

Return on average tangible common shareholders' equity		18.85	%	15.88	%	14.36	%		13.71	%	12.32	%

									Year-to-Date June 30
									2012		2011
Net income available to common shareholders								$	941	$	532
Plus:
Amortization of intangibles, net of tax									32		32
Tangible net income available to common shareholders								$	973	$	564
Average common shareholders' equity								$	18,038	$	16,817
Less:
Average intangible assets									6,772		6,496

Average tangible common shareholders' equity								$	11,266	$	10,321

Return on average tangible common shareholders' equity									17.37	%	11.02	%


(1)	BB&T's management uses these measures in their analysis of the Corporation's performance. BB&T's management believes these measures provide a greater understanding of ongoing operations and enhance comparability of results with prior periods, as well as demonstrating the effects of significant gains and charges.
(2)	BB&T's management believes investors use this measure to evaluate the returns on average common shareholders' equity without the impact of intangible assets and their related amortization.

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	Page
Financial Highlights	1
Financial Highlights - Five Quarter Trend	2
Consolidated Statements of Income	3
Consolidated Statements of Income - Five Quarter Trend	4
Lines of Business Financial Performance	5
Lines of Business Financial Performance - Five Quarter Trend	7
Consolidated Balance Sheets	9
Consolidated Balance Sheets - Five Quarter Trend	10
Average Balance Sheets	11
Average Balance Sheets - Five Quarter Trend	12
Average Balances and Rates - Quarters	13
Average Balances and Rates - Year-To-Date	15
Credit Quality	16
Credit Quality - Supplemental Information	19
Capital Information - Five Quarter Trend	20
Selected Items & Additional Information	21
NON-GAAP Reconciliations	22