During October of 2013, BB&T sold a consumer lending subsidiary with approximately $500 million in loans and $27 million of related ALLL. In addition, approximately $230 million of loans, with $38 million of related ALLL, was transferred from retail other lending subsidiaries to residential mortgage.

During December of 2013, $47 million of unallocated ALLL was allocated to the loan portfolio segments.

During January of 2014, approximately $8.3 billion of home equity loans were transferred from direct retail lending to residential mortgage in response to qualified mortgage regulatory requirements.

Loans that are contractually past due are shown in the tables below.

				Accruing
								90 Days Or
						30-89 Days		More Past
	December 31, 2013			Current		Past Due		Due		Nonaccrual		Total

				(Dollars in millions)
	Commercial:
		Commercial and industrial		$	38,110	$	35	$	―	$	363	$	38,508
		CRE - other			11,535		8		―		129		11,672
		CRE - residential ADC			901		2		―		35		938
		Other lending subsidiaries			4,482		14		5		1		4,502
	Retail:
		Direct retail lending			15,595		132		33		109		15,869
		Revolving credit			2,370		23		10		―		2,403
		Residential mortgage			22,738		463		69		243		23,513
		Sales finance			9,316		56		5		5		9,382
		Other lending subsidiaries			5,703		207		―		50		5,960
	Covered				1,643		88		304		―		2,035
			Total excluding government and GNMA guaranteed		112,393		1,028		426		935		114,782

	Residential mortgage loans excluded from above:
		Government guaranteed			236		88		296		―		620
		GNMA guaranteed			―		4		511		―		515
			Total	$	112,629	$	1,120	$	1,233	$	935	$	115,917

				Accruing
								90 Days Or
						30-89 Days		More Past
	December 31, 2012			Current		Past Due		Due		Nonaccrual		Total

				(Dollars in millions)
	Commercial:
		Commercial and industrial		$	37,706	$	42	$	1	$	546	$	38,295
		CRE - other			11,237		12		―		212		11,461
		CRE - residential ADC			1,131		2		―		128		1,261
		Other lending subsidiaries			4,106		20		9		3		4,138
	Retail:
		Direct retail lending			15,502		145		38		132		15,817
		Revolving credit			2,291		23		16		―		2,330
		Residential mortgage			22,330		498		92		269		23,189
		Sales finance			7,663		56		10		7		7,736
		Other lending subsidiaries			5,645		270		1		83		5,999
	Covered				2,717		135		442		―		3,294
			Total excluding government and GNMA guaranteed		110,328		1,203		609		1,380		113,520

	Residential mortgage loans excluded from above:
		Government guaranteed			225		84		252		―		561
		GNMA guaranteed			―		5		517		―		522
			Total	$	110,553	$	1,292	$	1,378	$	1,380	$	114,603

Unearned income and net deferred loan fees and costs totaled $261 million and $308 million at December 31, 2013 and 2012, respectively.

The following tables present the carrying amount of loans by risk rating. Covered loans are excluded because their related ALLL is determined by loan pool performance.

								CRE -
				Commercial				Residential		Other Lending
	December 31, 2013			& Industrial		CRE - Other		ADC		Subsidiaries

				(Dollars in millions)
	Commercial:
		Pass		$	36,804	$	10,883	$	794	$	4,464
		Special mention			219		58		11		8
		Substandard - performing			1,122		602		98		29
		Nonperforming			363		129		35		1
			Total	$	38,508	$	11,672	$	938	$	4,502

			Direct Retail		Revolving		Residential		Sales		Other Lending
			Lending		Credit		Mortgage		Finance		Subsidiaries

			(Dollars in millions)
Retail:
	Performing		$	15,760	$	2,403	$	24,405	$	9,377	$	5,910
	Nonperforming			109		―		243		5		50
		Total	$	15,869	$	2,403	$	24,648	$	9,382	$	5,960

							CRE -
			Commercial				Residential		Other Lending
December 31, 2012			& Industrial		CRE - Other		ADC		Subsidiaries

			(Dollars in millions)
Commercial:
	Pass		$	36,044	$	10,095	$	859	$	4,093
	Special mention			274		120		41		13
	Substandard - performing			1,431		1,034		233		29
	Nonperforming			546		212		128		3
		Total	$	38,295	$	11,461	$	1,261	$	4,138

			Direct Retail		Revolving		Residential		Sales		Other Lending
			Lending		Credit		Mortgage		Finance		Subsidiaries

			(Dollars in millions)
Retail:
	Performing		$	15,685	$	2,330	$	24,003	$	7,729	$	5,916
	Nonperforming			132		―		269		7		83
		Total	$	15,817	$	2,330	$	24,272	$	7,736	$	5,999

The tables below present activity in the ACL:

			ACL Rollforward
				Beginning		Charge-								Ending
	Year Ended December 31, 2013			Balance		Offs		Recoveries		Provision		Other		Balance

				(Dollars in millions)
	Commercial:
		Commercial and industrial		$	470	$	(248)	$	47	$	166	$	19	$	454
		CRE - other			204		(84)		28		16		14		178
		CRE - residential ADC			100		(48)		23		(32)		4		47
		Other lending subsidiaries			13		(3)		2		3		―		15
	Retail:
		Direct retail lending			300		(148)		38		15		4		209
		Revolving credit			102		(85)		17		81		―		115
		Residential mortgage			328		(81)		3		37		44		331
		Sales finance			29		(23)		9		30		―		45
		Other lending subsidiaries			264		(252)		32		245		(65)		224
	Covered				128		(19)		―		5		―		114
	Unallocated				80		―		―		(33)		(47)		―
	ALLL				2,018		(991)		199		533		(27)		1,732
	RUFC				30		―		―		59		―		89
	ACL			$	2,048	$	(991)	$	199	$	592	$	(27)	$	1,821

		ACL Rollforward
			Beginning		Charge-						Ending
Year Ended December 31, 2012			Balance		Offs		Recoveries		Provision		Balance

			(Dollars in millions)
Commercial:
	Commercial and industrial		$	433	$	(337)	$	17	$	357	$	470
	CRE - other			334		(205)		13		62		204
	CRE - residential ADC			286		(190)		41		(37)		100
	Other lending subsidiaries			11		(8)		2		8		13
Retail:
	Direct retail lending			232		(224)		36		256		300
	Revolving credit			112		(81)		18		53		102
	Residential mortgage			365		(136)		3		96		328
	Sales finance			38		(26)		10		7		29
	Other lending subsidiaries			186		(217)		24		271		264
Covered				149		(34)		―		13		128
Unallocated				110		―		―		(30)		80
ALLL				2,256		(1,458)		164		1,056		2,018
RUFC				29		―		―		1		30
ACL			$	2,285	$	(1,458)	$	164	$	1,057	$	2,048

		ACL Rollforward
			Beginning		Charge-						Ending
Year Ended December 31, 2011			Balance		Offs		Recoveries		Provision		Balance

			(Dollars in millions)
Commercial:
	Commercial and industrial		$	621	$	(323)	$	28	$	107	$	433
	CRE - other			446		(273)		18		143		334
	CRE - residential ADC			469		(302)		25		94		286
	Other lending subsidiaries			21		(9)		3		(4)		11
Retail:
	Direct retail lending			246		(276)		37		225		232
	Revolving credit			109		(95)		19		79		112
	Residential mortgage			298		(269)		5		331		365
	Sales finance			47		(32)		9		14		38
	Other lending subsidiaries			177		(181)		22		168		186
Covered				144		(66)		―		71		149
Unallocated				130		―		―		(20)		110
ALLL				2,708		(1,826)		166		1,208		2,256
RUFC				47		―		―		(18)		29
ACL			$	2,755	$	(1,826)	$	166	$	1,190	$	2,285

The following table provides a summary of loans that are collectively evaluated for impairment.

				December 31, 2013				December 31, 2012
				Recorded Investment		Related ALLL		Recorded Investment		Related ALLL

				(Dollars in millions)
	Commercial:
		Commercial and industrial		$	38,042	$	382	$	37,664	$	397
		CRE - other			11,441		150		11,149		168
		CRE - residential ADC			881		38		1,106		79
		Other lending subsidiaries			4,501		15		4,135		12
	Retail:
		Direct retail lending			15,648		166		15,582		241
		Revolving credit			2,355		96		2,274		78
		Residential mortgage			23,316		167		23,085		198
		Sales finance			9,363		41		7,714		23
		Other lending subsidiaries			5,823		196		5,853		203
	Covered				2,035		114		3,294		128
	Unallocated				―		―		―		80
			Total	$	113,405	$	1,365	$	111,856	$	1,607

The following tables set forth certain information regarding impaired loans, excluding purchased impaired loans and LHFS, that were individually evaluated for reserves.

											Average		Interest
					Recorded				Related		Recorded		Income
	As Of / For The Year Ended December 31, 2013				Investment		UPB		ALLL		Investment		Recognized

					(Dollars in millions)
	With no related ALLL recorded:
		Commercial:
			Commercial and industrial		$	91	$	165	$	―	$	111	$	―
			CRE - other			25		41		―		53		―
			CRE - residential ADC			16		36		―		31		―
		Retail:
			Direct retail lending			23		76		―		23		1
			Residential mortgage (1)			144		237		―		129		4
			Sales finance			1		2		―		1		―
			Other lending subsidiaries			2		6		―		4		―
	With an ALLL recorded:
		Commercial:
			Commercial and industrial			375		409		72		453		5
			CRE - other			206		208		28		233		5
			CRE - residential ADC			41		42		9		76		2
			Other lending subsidiaries			1		1		―		2		―
		Retail:
			Direct retail lending			198		204		43		204		12
			Revolving credit			48		48		19		52		2
			Residential mortgage (1)			812		830		109		763		34
			Sales finance			18		19		4		20		1
			Other lending subsidiaries			135		137		28		173		11
				Total (1)	$	2,136	$	2,461	$	312	$	2,328	$	77

											Average		Interest
					Recorded				Related		Recorded		Income
	As Of / For The Year Ended December 31, 2012				Investment		UPB		ALLL		Investment		Recognized

					(Dollars in millions)
	With no related ALLL recorded:
		Commercial:
			Commercial and industrial		$	116	$	232	$	―	$	117	$	―
			CRE - other			60		108		―		81		―
			CRE - residential ADC			44		115		―		103		―
		Retail:
			Direct retail lending			19		73		―		19		1
			Residential mortgage (1)			120		201		―		80		2
			Sales finance			1		3		―		1		―
			Other lending subsidiaries			2		6		―		3		―
	With an ALLL recorded:
		Commercial:
			Commercial and industrial			515		551		73		522		3
			CRE - other			252		255		36		319		5
			CRE - residential ADC			111		116		21		180		1
			Other lending subsidiaries			3		3		1		4		―
		Retail:
			Direct retail lending			216		226		59		140		9
			Revolving credit			56		56		24		59		2
			Residential mortgage (1)			754		770		104		649		28
			Sales finance			21		21		6		13		―
			Other lending subsidiaries			144		146		61		66		2
				Total (1)	$	2,434	$	2,882	$	385	$	2,356	$	53


(1)	Residential mortgage loans exclude $376 million and $313 million in government guaranteed loans and related ALLL of $55 million and $26 million as of December 31, 2013 and December 31, 2012, respectively.

The following table provides a summary of TDRs, all of which are considered impaired.

				December 31,
				2013		2012

				(Dollars in millions)
	Performing TDRs:
		Commercial:
			Commercial and industrial	$	77	$	77
			CRE - other		70		67
			CRE - residential ADC		19		21
		Direct retail lending			187		197
		Sales finance			17		19
		Revolving credit			48		56
		Residential mortgage			785		769
		Other lending subsidiaries			126		121
			Total performing TDRs		1,329		1,327
	Nonperforming TDRs (also included in NPL disclosures)				193		240
			Total TDRs	$	1,522	$	1,567

	ALLL attributable to TDRs, excluding government guaranteed			$	228	$	281

	Government guaranteed residential mortgage TDRs excluded from above table:
		Held for investment		$	376	$	313
		Held for sale			3		2

The following table summarizes the primary reason loan modification were classified as TDRs and includes newly designated TDRs as well as modifications made to existing TDRs. Balances represent the recorded investment at the end of the quarter in which the modification was made. Rate modifications include TDRs made with below market interest rates that also include modifications of loan structures.

		Years Ended December 31,
		2013						2012						2011
		Type of						Type of						Type of
		Modification				ALLL		Modification				ALLL		Modification				ALLL
		Rate		Structure		Impact		Rate		Structure		Impact		Rate		Structure		Impact

		(Dollars in millions)
Commercial:
	Commercial and industrial	$	99	$	27	$	3	$	51	$	63	$	―	$	29	$	68	$	5
	CRE - other		62		54		1		67		45		―		56		58		8
	CRE - residential ADC		22		10		(2)		44		34		(1)		29		47		10
	Other lending subsidiaries		―		―		―		―		―		―		1		1		―
Retail:
	Direct retail lending		45		9		7		120		17		35		51		5		9
	Revolving credit		26		―		4		30		―		5		40		―		8
	Residential mortgage		103		68		11		241		88		22		142		35		17
	Sales finance		4		7		3		16		―		4		5		5		1
	Other lending subsidiaries		167		―		34		123		2		35		37		7		15

During 2012, a national bank regulatory agency issued guidance that requires certain loans that had been discharged in bankruptcy and not reaffirmed by the borrower to be accounted for as TDRs and possibly as nonperforming, regardless of their actual payment history and expected performance. BB&T has included these loans in the “Rate” column in the above table. BB&T also concluded there is a reasonable expectation of collection of principal and interest and has classified these loans as performing unless already classified as nonperforming.

The following table summarizes the pre-default balance for modifications that experienced a payment default that had been classified as TDRs during the previous 12 months. Payment default is defined as movement of the TDR to nonaccrual status, foreclosure or charge-off, whichever occurs first.

			Years Ended December 31,
			2013		2012		2011

			(Dollars in millions)
	Commercial:
		Commercial and industrial	$	5	$	8	$	39
		CRE - other		11		6		92
		CRE - residential ADC		4		14		80
	Retail:
		Direct retail lending		4		8		16
		Revolving credit		10		12		15
		Residential mortgage		17		36		31
		Sales finance		1		―		2
		Other lending subsidiaries		26		12		5

If a TDR subsequently defaults, BB&T evaluates the TDR for possible impairment. As a result, the related ALLL may be increased or charge-offs may be taken to reduce the carrying value of the loan.

Changes in the carrying value and accretable yield of covered loans are presented in the following table.

		Year Ended December 31, 2013								Year Ended December 31, 2012
		Purchased Impaired				Purchased Nonimpaired				Purchased Impaired				Purchased Nonimpaired
		Accretable		Carrying		Accretable		Carrying		Accretable		Carrying		Accretable		Carrying
		Yield		Value		Yield		Value		Yield		Value		Yield		Value

		(Dollars in millions)
Balance at beginning of period		$	264	$	1,400	$	617	$	1,894	$	520	$	2,123	$	1,193	$	2,744
	Accretion		(149)		149		(301)		301		(219)		219		(541)		541
	Payments received, net		―		(686)		―		(1,023)		―		(942)		―		(1,391)
	Other, net		72		―		35		―		(37)		―		(35)		―
Balance at end of period		$	187	$	863	$	351	$	1,172	$	264	$	1,400	$	617	$	1,894

Outstanding UPB at end of period				$	1,266			$	1,516			$	2,047			$	2,489