Exhibit 12

BB&T Corporation

Earnings To Fixed Charges

	For the Nine Months Ended September 30,						For the Years Ended December 31,
	2009			2008			2008			2007			2006			2005			2004
	(Dollars in millions)
Earnings:
Income before income taxes	$	829		$	1,747		$	2,079		$	2,582		$	2,478		$	2,471		$	2,323
Plus:
Fixed charges		1,711			2,345			3,044			4,068			3,233			2,029			1,232
Less:
Dividends/accretion on preferred stock		124			—			21			—			—			—			—
Noncontrolling interest		15			8			10			12			5			4			1
Capitalized interest		—			1			2			4			2			1			—
Earnings, including interest on deposits		2,401			4,083			5,090			6,634			5,704			4,495			3,554
Less:
Interest on deposits		977			1,468			1,891			2,620			2,137			1,252			730
Earnings, excluding interest on deposits	$	1,424		$	2,615		$	3,199		$	4,014		$	3,567		$	3,243		$	2,824
Fixed charges:
Interest expense	$	1,543		$	2,305		$	2,969		$	4,014		$	3,185		$	1,981		$	1,199
Capitalized interest		—			1			2			4			2			1			—
Interest portion of rent expense		44			39			52			50			46			47			33
Dividends/accretion on preferred stock		124			—			21			—			—			—			—
Total fixed charges		1,711			2,345			3,044			4,068			3,233			2,029			1,232
Less:
Interest on deposits		977			1,468			1,891			2,620			2,137			1,252			730
Total fixed charges excluding interest on deposits	$	734		$	877		$	1,153		$	1,448		$	1,096		$	777		$	502
Earnings to fixed charges:
Including interest on deposits		1.40	x		1.74	x		1.67	x		1.63	x		1.76	x		2.22	x		2.88	x
Excluding interest on deposits		1.94	x		2.98	x		2.77	x		2.77	x		3.25	x		4.17	x		5.62	x