Operating Segments (Tables)

3 Months Ended

Mar. 31, 2012

Operating Segments

Schedule of Selected Financial Information Regarding Reportable Business Segments

		Community				Residential				Dealer				Specialized
		Banking				Mortgage Banking				Financial Services				Lending
		2012		2011		2012		2011		2012		2011		2012		2011
		(Dollars in millions)
Net interest income (expense)		$	506	$	469	$	278	$	254	$	210	$	210	$	167	$	150
Net intersegment interest income (expense)			356		430		(191)		(183)		(59)		(73)		(44)		(45)
Net interest income (expense) and intersegment			862		899		87		71		151		137		123		105
Allocated provision for loan and lease losses			255		204		(22)		79		27		33		27		4
Noninterest income			268		193		195		75		2		2		52		50
Intersegment net referral fees (expense)			39		33		―		―		―		―		―		―
Noninterest expense			487		538		85		63		25		22		63		55
Amortization of intangibles			9		13		―		―		―		―		1		1
Allocated corporate expenses			256		226		14		12		9		9		19		15
Income (loss) before income taxes			162		144		205		(8)		92		75		65		80
Provision (benefit) for income taxes			57		51		77		(3)		35		28		12		17
Segment net income (loss)		$	105	$	93	$	128	$	(5)	$	57	$	47	$	53	$	63
Identifiable segment assets (period end)		$	60,750	$	62,295	$	25,288	$	21,669	$	10,050	$	9,480	$	16,891	$	14,407
										Other, Treasury				Total BB&T
		Insurance Services				Financial Services				and Corporate (1)				Corporation
		2012		2011		2012		2011		2012		2011		2012		2011
		(Dollars in millions)
Net interest income (expense)		$	1	$	1	$	27	$	23	$	247	$	178	$	1,436	$	1,285
Net intersegment interest income (expense)			1		2		80		56		(143)		(187)		―		―
Net interest income (expense) and intersegment			2		3		107		79		104		(9)		1,436		1,285
Allocated provision for loan and lease losses			―		―		14		(9)		(13)		29		288		340
Noninterest income			270		249		178		166		(94)		(21)		871		714
Intersegment net referral fees (expense)			―		―		6		5		(45)		(38)		―		―
Noninterest expense			212		195		153		143		338		330		1,363		1,346
Amortization of intangibles			10		10		1		1		1		1		22		26
Allocated corporate expenses			20		17		23		13		(341)		(292)		―		―
Income (loss) before income taxes			30		30		100		102		(20)		(136)		634		287
Provision (benefit) for income taxes			7		9		37		37		(36)		(86)		189		53
Segment net income (loss)		$	23	$	21	$	63	$	65	$	16	$	(50)	$	445	$	234
Identifiable segment assets (period end)		$	2,311	$	2,252	$	7,790	$	5,874	$	51,672	$	41,062	$	174,752	$	157,039
(1)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.