Exhibit 12

BB&T Corporation

Earnings To Fixed Charges

	For the Years Ended December 31,
	2009		2008		2007		2006		2005
	(Dollars in millions)
Earnings:
Income before income taxes	$	1,036	$	2,079	$	2,582	$	2,478	$	2,471
Plus:
Fixed charges		2,232		3,044		4,068		3,233		2,029
Less:
Dividends/accretion on preferred stock		124		21		—		—		—
Noncontrolling interest		24		10		12		5		4
Capitalized interest		—		2		4		2		1
Earnings, including interest on deposits		3,120		5,090		6,634		5,704		4,495
Less:
Interest on deposits		1,271		1,891		2,620		2,137		1,252
Earnings, excluding interest on deposits	$	1,849	$	3,199	$	4,014	$	3,567	$	3,243
Fixed Charges:
Interest expense	$	2,040	$	2,969	$	4,014	$	3,185	$	1,981
Capitalized interest		—		2		4		2		1
Interest portion of rent expense		68		52		50		46		47
Dividends/accretion on preferred stock		124		21		—		—		—
Total Fixed Charges		2,232		3,044		4,068		3,233		2,029
Less:
Interest on deposits		1,271		1,891		2,620		2,137		1,252
Total fixed charges excluding interest on deposits	$	961	$	1,153	$	1,448	$	1,096	$	777
Earnings to fixed charges:
Including interest on deposits		1.40x		1.67x		1.63x		1.76x		2.22x
Excluding interest on deposits		1.92x		2.77x		2.77x		3.25x		4.17x