EXHIBIT 12

BB&T Corporation

Earnings To Fixed Charges

	For the Years Ended December 31,
	2006			2005			2004			2003			2002
	(Dollars in millions)
Earnings:
Income before income taxes	$	2,473		$	2,467		$	2,322		$	1,617		$	1,791
Plus:
Fixed charges		3,233			2,029			1,232			1,306			1,713
Less:
Capitalized interest		2			1			—			—			1
Earnings, including interest on deposits		5,704			4,495			3,554			2,923			3,503
Less:
Interest on deposits		2,137			1,252			730			756			1,003
Earnings, excluding interest on deposits	$	3,567		$	3,243		$	2,824		$	2,167		$	2,500
Fixed Charges:
Interest expense	$	3,185		$	1,981		$	1,199		$	1,273		$	1,687
Capitalized interest		2			1			—			—			1
Interest portion of rent expense		46			47			33			33			25
Total Fixed Charges	$	3,233		$	2,029		$	1,232		$	1,306		$	1,713
Less:
Interest on deposits		2,137			1,252			730			756			1,003
Total fixed charges excluding interest on deposits	$	1,096		$	777		$	502		$	550		$	710
Earnings to fixed charges:
Including interest on deposits		1.76	x		2.22	x		2.88	x		2.24	x		2.05	x
Excluding interest on deposits		3.25	x		4.17	x		5.62	x		3.94	x		3.52	x