Allowance for Credit Losses (Tables)

9 Months Ended

Sep. 30, 2012

Allowance for Credit Losses

Analysis of the Allowance for Credit Losses

		Beginning		Charge-						Ending
Three Months Ended September 30, 2012		Balance		Offs		Recoveries		Provision		Balance
		(Dollars in millions)
Commercial:
	Commercial and industrial	$	525	$	(84)	$	4	$	96	$	541
	Commercial real estate - other		305		(40)		3		(30)		238
	Commercial real estate - residential ADC		157		(35)		2		(23)		101
	Other lending subsidiaries		13		(1)		1		1		14
Retail:
	Direct retail lending		283		(57)		9		46		281
	Revolving credit		90		(20)		5		24		99
	Residential mortgage		309		(35)		―		25		299
	Sales finance		25		(5)		2		6		28
	Other lending subsidiaries		200		(57)		5		85		233
Covered			139		(2)		―		―		137
Unallocated			80		―		―		―		80
Allowance for loan and lease losses			2,126		(336)		31		230		2,051
Reserve for unfunded lending commitments			31		―		―		14		45
Allowance for credit losses		$	2,157	$	(336)	$	31	$	244	$	2,096

		Beginning		Charge-						Ending
Three Months Ended September 30, 2011		Balance		Offs		Recoveries		Provision		Balance
		(Dollars in millions)
Commercial:
	Commercial and industrial	$	474	$	(102)	$	9	$	55	$	436
	Commercial real estate - other		462		(64)		6		26		430
	Commercial real estate - residential ADC		382		(61)		9		(2)		328
	Other lending subsidiaries		13		(2)		1		1		13
Retail:
	Direct retail lending		233		(74)		10		51		220
	Revolving credit		103		(23)		4		21		105
	Residential mortgage		347		(41)		1		57		364
	Sales finance		42		(7)		2		2		39
	Other lending subsidiaries		171		(40)		6		40		177
Covered			159		(53)		―		7		113
Unallocated			130		―		―		―		130
Allowance for loan and lease losses			2,516		(467)		48		258		2,355
Reserve for unfunded lending commitments			59		―		―		(8)		51
Allowance for credit losses		$	2,575	$	(467)	$	48	$	250	$	2,406

		Beginning		Charge-						Ending
Nine Months Ended September 30, 2012		Balance		Offs		Recoveries		Provision		Balance
		(Dollars in millions)
Commercial:
	Commercial and industrial	$	433	$	(239)	$	12	$	335	$	541
	Commercial real estate - other		334		(164)		9		59		238
	Commercial real estate - residential ADC		286		(163)		33		(55)		101
	Other lending subsidiaries		11		(7)		2		8		14
Retail:
	Direct retail lending		232		(170)		27		192		281
	Revolving credit		112		(62)		14		35		99
	Residential mortgage		365		(107)		2		39		299
	Sales finance		38		(19)		7		2		28
	Other lending subsidiaries		186		(158)		18		187		233
Covered			149		(29)		―		17		137
Unallocated			110		―		―		(30)		80
Allowance for loan and lease losses			2,256		(1,118)		124		789		2,051
Reserve for unfunded lending commitments			29		―		―		16		45
Allowance for credit losses		$	2,285	$	(1,118)	$	124	$	805	$	2,096

		Beginning		Charge-						Ending
Nine Months Ended September 30, 2011		Balance		Offs		Recoveries		Provision		Balance
		(Dollars in millions)
Commercial:
	Commercial and industrial	$	621	$	(242)	$	22	$	35	$	436
	Commercial real estate - other		446		(213)		15		182		430
	Commercial real estate - residential ADC		469		(210)		20		49		328
	Other lending subsidiaries		21		(6)		3		(5)		13
Retail:
	Direct retail lending		246		(218)		27		165		220
	Revolving credit		109		(74)		14		56		105
	Residential mortgage		298		(224)		3		287		364
	Sales finance		47		(24)		7		9		39
	Other lending subsidiaries		177		(131)		17		114		177
Covered			144		(53)		―		22		113
Unallocated			130		―		―		―		130
Allowance for loan and lease losses			2,708		(1,395)		128		914		2,355
Reserve for unfunded lending commitments			47		―		―		4		51
Allowance for credit losses		$	2,755	$	(1,395)	$	128	$	918	$	2,406

Breakdown of Allowance for Loan and Lease Losses Based on Method for Determining Allowance

			Allowance for Loan and Lease Losses
							Loans
							Acquired
			Individually		Collectively		With
			Evaluated		Evaluated		Deteriorated
			for		for		Credit
September 30, 2012			Impairment		Impairment		Quality		Total
			(Dollars in millions)
Commercial:
	Commercial and industrial		$	76	$	465	$	―	$	541
	Commercial real estate - other			42		196		―		238
	Commercial real estate - residential ADC			27		74		―		101
	Other lending subsidiaries			1		13		―		14
Retail:
	Direct retail lending			31		250		―		281
	Revolving credit			25		74		―		99
	Residential mortgage			121		178		―		299
	Sales finance			1		27		―		28
	Other lending subsidiaries			42		191		―		233
Covered				―		49		88		137
Unallocated				―		80		―		80
		Total	$	366	$	1,597	$	88	$	2,051

			Allowance for Loan and Lease Losses
							Loans
							Acquired
			Individually		Collectively		With
			Evaluated		Evaluated		Deteriorated
			for		for		Credit
December 31, 2011			Impairment		Impairment		Quality		Total
			(Dollars in millions)
Commercial:
	Commercial and industrial		$	77	$	356	$	―	$	433
	Commercial real estate - other			69		265		―		334
	Commercial real estate - residential ADC			50		236		―		286
	Other lending subsidiaries			1		10		―		11
Retail:
	Direct retail lending			35		197		―		232
	Revolving credit			27		85		―		112
	Residential mortgage			152		213		―		365
	Sales finance			1		37		―		38
	Other lending subsidiaries			20		166		―		186
Covered				―		36		113		149
Unallocated				―		110		―		110
		Total	$	432	$	1,711	$	113	$	2,256

Breakdown of Recorded Investment in Loans Based on Method for Determining Allowance

			Loans and Leases
							Loans
							Acquired
			Individually		Collectively		With
			Evaluated		Evaluated		Deteriorated
			for		for		Credit
September 30, 2012			Impairment		Impairment		Quality		Total
			(Dollars in millions)
Commercial:
	Commercial and industrial		$	667	$	37,345	$	―	$	38,012
	Commercial real estate - other			366		10,547		―		10,913
	Commercial real estate - residential ADC			233		1,221		―		1,454
	Other lending subsidiaries			4		4,111		―		4,115
Retail:
	Direct retail lending			158		15,551		1		15,710
	Revolving credit			58		2,233		―		2,291
	Residential mortgage			1,004		23,289		―		24,293
	Sales finance			11		7,712		―		7,723
	Other lending subsidiaries			84		5,857		―		5,941
Covered				―		2,124		1,564		3,688
		Total	$	2,585	$	109,990	$	1,565	$	114,140

			Loans and Leases
							Loans
							Acquired
			Individually		Collectively		With
			Evaluated		Evaluated		Deteriorated
			for		for		Credit
December 31, 2011			Impairment		Impairment		Quality		Total
			(Dollars in millions)
Commercial:
	Commercial and industrial		$	656	$	35,759	$	―	$	36,415
	Commercial real estate - other			511		10,178		―		10,689
	Commercial real estate - residential ADC			420		1,641		―		2,061
	Other lending subsidiaries			5		3,621		―		3,626
Retail:
	Direct retail lending			165		14,339		2		14,506
	Revolving credit			62		2,150		―		2,212
	Residential mortgage			931		19,650		―		20,581
	Sales finance			10		7,391		―		7,401
	Other lending subsidiaries			49		5,062		―		5,111
Covered				―		2,745		2,122		4,867
		Total	$	2,809	$	102,536	$	2,124	$	107,469

Schedule of Commercial Credit Exposure Credit Risk Profile by Internal Loan Risk Rating

							Commercial
					Commercial		Real Estate -		Other
			Commercial		Real Estate -		Residential		Lending
September 30, 2012			& Industrial		Other		ADC		Subsidiaries
			(Dollars in millions)
Commercial:
	Pass		$	35,603	$	9,450	$	945	$	4,078
	Special mention			201		101		26		6
	Substandard - performing			1,611		1,103		279		27
	Nonperforming			597		259		204		4
		Total	$	38,012	$	10,913	$	1,454	$	4,115

							Commercial
					Commercial		Real Estate -		Other
			Commercial		Real Estate -		Residential		Lending
December 31, 2011			& Industrial		Other		ADC		Subsidiaries
			(Dollars in millions)
Commercial:
	Pass		$	33,497	$	8,568	$	1,085	$	3,578
	Special mention			488		234		60		5
	Substandard - performing			1,848		1,493		540		35
	Nonperforming			582		394		376		8
		Total	$	36,415	$	10,689	$	2,061	$	3,626

Schedule of Retail Credit Exposure Credit Risk Profile Based on Payment Activity

			Direct Retail		Revolving		Residential		Sales		Other Lending
September 30, 2012			Lending		Credit		Mortgage		Finance		Subsidiaries
			(Dollars in millions)
Retail:
	Performing		$	15,576	$	2,291	$	24,027	$	7,716	$	5,872
	Nonperforming			134		―		266		7		69
		Total	$	15,710	$	2,291	$	24,293	$	7,723	$	5,941

			Direct Retail		Revolving		Residential		Sales		Other Lending
December 31, 2011			Lending		Credit		Mortgage		Finance		Subsidiaries
			(Dollars in millions)
Retail:
	Performing		$	14,364	$	2,212	$	20,273	$	7,394	$	5,056
	Nonperforming			142		―		308		7		55
		Total	$	14,506	$	2,212	$	20,581	$	7,401	$	5,111

Aging Analysis of Past Due Loans and Leases

			Accruing Loans and Leases
							90 Days Or		Nonaccrual		Total Loans And
					30-89 Days		More Past		Loans And		Leases, Excluding
September 30, 2012			Current		Past Due		Due		Leases		Covered Loans
			(Dollars in millions)
Commercial:
	Commercial and industrial		$	37,373	$	41	$	1	$	597	$	38,012
	Commercial real estate - other			10,645		9		―		259		10,913
	Commercial real estate - residential ADC			1,242		8		―		204		1,454
	Other lending subsidiaries			4,082		25		4		4		4,115
Retail:
	Direct retail lending			15,399		136		41		134		15,710
	Revolving credit			2,256		21		14		―		2,291
	Residential mortgage (1)			22,627		585		310		266		23,788
	Sales finance			7,652		53		11		7		7,723
	Other lending subsidiaries			5,637		234		1		69		5,941
		Total (1)	$	106,913	$	1,112	$	382	$	1,540	$	109,947

				Accruing Loans and Leases
								90 Days Or		Nonaccrual		Total Loans And
						30-89 Days		More Past		Loans And		Leases, Excluding
	December 31, 2011			Current		Past Due		Due		Leases		Covered Loans
				(Dollars in millions)
	Commercial:
		Commercial and industrial		$	35,746	$	85	$	2	$	582	$	36,415
		Commercial real estate - other			10,273		22		―		394		10,689
		Commercial real estate - residential ADC			1,671		14		―		376		2,061
		Other lending subsidiaries			3,589		25		4		8		3,626
	Retail:
		Direct retail lending			14,146		162		56		142		14,506
		Revolving credit			2,173		22		17		―		2,212
		Residential mortgage (1)			19,442		524		307		308		20,581
		Sales finance			7,301		75		18		7		7,401
		Other lending subsidiaries			4,807		248		1		55		5,111
			Total (1)	$	99,148	$	1,177	$	405	$	1,872	$	102,602
(1)	Residential mortgage loans include $84 million and $81 million in government guaranteed loans 30-89 days past due, and $230 million and $203 million in government guaranteed loans 90 days or more past due as of September 30, 2012 and December 31, 2011, respectively. Residential mortgage loans exclude $6 million and $499 million in loans guaranteed by GNMA that BB&T has the option, but not the obligation, to repurchase, which are past due 30-89 days and 90 days or more, respectively, at September 30, 2012.

Schedule of Information Regarding Impaired Loans

						Unpaid				Average		Interest
				Recorded		Principal		Related		Recorded		Income
As Of / For The Nine Months Ended September 30, 2012				Investment		Balance		Allowance		Investment		Recognized
				(Dollars in millions)
With No Related Allowance Recorded:
	Commercial:
		Commercial and industrial		$	127	$	230	$	―	$	119	$	―
		Commercial real estate - other			63		110		―		86		―
		Commercial real estate - residential ADC			84		198		―		113		―
	Retail:
		Direct retail lending			19		73		―		19		1
		Residential mortgage (1)			93		158		―		74		1
		Sales finance			1		2		―		1		―
		Other lending subsidiaries			2		5		―		3		―
With An Allowance Recorded:
	Commercial:
		Commercial and industrial			540		563		76		539		2
		Commercial real estate - other			303		309		42		322		4
		Commercial real estate - residential ADC			149		159		27		196		1
		Other lending subsidiaries			4		4		1		6		―
	Retail:
		Direct retail lending			139		147		31		137		6
		Revolving credit			58		57		25		60		2
		Residential mortgage (1)			639		654		100		648		21
		Sales finance			10		10		1		13		―
		Other lending subsidiaries			82		85		42		59		1
			Total (1)	$	2,313	$	2,764	$	345	$	2,395	$	39

							Unpaid				Average		Interest
					Recorded		Principal		Related		Recorded		Income
	As Of / For The Year Ended December 31, 2011				Investment		Balance		Allowance		Investment		Recognized
					(Dollars in millions)
	With No Related Allowance Recorded:
		Commercial:
			Commercial and industrial		$	114	$	196	$	―	$	153	$	―
			Commercial real estate - other			102		163		―		142		―
			Commercial real estate - residential ADC			153		289		―		187		―
		Retail:
			Direct retail lending			19		74		―		23		1
			Residential mortgage (1)			46		85		―		31		1
			Sales finance			1		1		―		1		―
			Other lending subsidiaries			2		4		―		1		―
	With An Allowance Recorded:
		Commercial:
			Commercial and industrial			542		552		77		482		4
			Commercial real estate - other			409		433		69		466		7
			Commercial real estate - residential ADC			267		298		50		360		4
			Other lending subsidiaries			5		5		1		4		―
		Retail:
			Direct retail lending			146		153		35		148		9
			Revolving credit			62		61		27		62		3
			Residential mortgage (1)			653		674		125		627		28
			Sales finance			9		10		1		6		―
			Other lending subsidiaries			47		50		20		35		2
				Total (1)	$	2,577	$	3,048	$	405	$	2,728	$	59
(1)	Residential mortgage loans exclude $272 million and $232 million in government guaranteed loans and related allowance of $21 million and $27 million as of September 30, 2012 and December 31, 2011, respectively.

Summary Of Reason For Classification As Troubled Debt Restructurings

		Three Months Ended September 30,
		2012						2011
		Types of						Types of
		Modifications (1)				Impact To		Modifications (1)				Impact To
		Rate (2)		Structure		Allowance		Rate (2)		Structure		Allowance
		(Dollars in millions)
Commercial:
	Commercial and industrial	$	8	$	12	$	―	$	5	$	9	$	1
	Commercial real estate - other		5		26		―		9		22		2
	Commercial real estate - residential ADC		3		3		―		7		14		1
	Other lending subsidiaries		―		―		―		1		1		―
Retail:
	Direct retail lending		15		6		3		10		1		2
	Revolving credit		8		―		1		10		―		2
	Residential mortgage		10		18		2		23		2		2
	Sales finance		1		―		―		2		―		―
	Other lending subsidiaries		19		―		9		8		2		4

			Nine Months Ended September 30,
			2012						2011
			Types of						Types of
			Modifications (1)				Impact To		Modifications (1)				Impact To
			Rate (2)		Structure		Allowance		Rate (2)		Structure		Allowance
			(Dollars in millions)
	Commercial:
		Commercial and industrial	$	22	$	51	$	―	$	26	$	36	$	3
		Commercial real estate - other		35		40		―		35		45		5
		Commercial real estate - residential ADC		25		24		(2)		23		37		8
		Other lending subsidiaries		―		―		―		1		1		―
	Retail:
		Direct retail lending		31		12		6		42		4		7
		Revolving credit		23		―		4		31		―		6
		Residential mortgage		92		64		11		77		7		10
		Sales finance		4		―		―		4		3		1
		Other lending subsidiaries		48		2		17		30		5		12
(1)	Includes modifications made to existing restructurings, as well as new modifications that are considered restructurings. Balances represent the recorded investment as of the end of the period in which the modification was made.
(2)	Includes restructurings made with a below market interest rate that also includes a modification of loan structure.

Modifications that defaulted during the period that had been classified as a restructuring during the previous 12 months

		Three Months Ended September 30,				Nine Months Ended September 30,
		2012		2011		2012		2011
		(Dollars in millions)
Commercial:
	Commercial and industrial	$	―	$	5	$	4	$	38
	Commercial real estate - other		1		4		6		79
	Commercial real estate - residential ADC		1		11		13		73
Retail:
	Direct retail lending		3		1		7		14
	Revolving credit		3		3		9		11
	Residential mortgage		6		5		30		23
	Sales finance		―		―		―		1
	Other lending subsidiaries		5		2		8		4