Exhibit 12

BB&T Corporation

Earnings To Fixed Charges

(Dollars in thousands)

	For the Years Ended December 31,
	2004			2003			2002			2001			2000
Earnings:
Income before income taxes	$	2,322,362		$	1,617,030		$	1,790,697		$	1,360,428		$	1,013,006
Plus:
Fixed charges		1,232,111			1,306,218			1,713,021			2,438,401			2,586,815
Less:
Capitalized interest		638			514			504			798			470
Earnings, including interest on deposits		3,553,835			2,922,734			3,503,214			3,798,031			3,599,351
Less:
Interest on deposits		729,660			755,677			1,003,058			1,566,269			1,685,248
Earnings, excluding interest on deposits	$	2,824,175		$	2,167,057		$	2,500,156		$	2,231,762		$	1,914,103
Fixed Charges:
Interest expense	$	1,198,472		$	1,272,787		$	1,686,584		$	2,414,936		$	2,563,912
Capitalized interest		638			514			504			798			470
Interest portion of rent expense		33,001			32,917			25,933			22,667			22,433
Total Fixed Charges	$	1,232,111		$	1,306,218		$	1,713,021		$	2,438,401		$	2,586,815
Less:
Interest on deposits		729,660			755,677			1,003,058			1,566,269			1,685,248
Total fixed charges excluding interest on deposits	$	502,451		$	550,541		$	709,963		$	872,132		$	901,567
Earnings to fixed charges:
Including interest on deposits		2.88	x		2.24	x		2.05	x		1.56	x		1.39	x
Excluding interest on deposits		5.62	x		3.94	x		3.52	x		2.56	x		2.12	x