Exhibit 99.2

Best Bank In Town Since 1872

BB&T Corporation

Quarterly Performance Summary

Third Quarter 2012

BB&T Corporation
Quarterly Performance Summary
Table of Contents
	Page
Financial Highlights	1
Financial Highlights - Five Quarter Trend	2
Consolidated Statements of Income	3
Consolidated Statements of Income - Five Quarter Trend	4
Lines of Business Financial Performance	5
Lines of Business Financial Performance - Five Quarter Trend	7
Consolidated Balance Sheets	9
Consolidated Balance Sheets - Five Quarter Trend	10
Average Balance Sheets	11
Average Balance Sheets - Five Quarter Trend	12
Average Balances and Rates - Quarters	13
Average Balances and Rates - Year-To-Date	15
Credit Quality	16
Credit Quality - Supplemental Information	19
Capital Information - Five Quarter Trend	20
Selected Items & Additional Information	21
Non-GAAP Reconciliations	22

BB&T Corporation
Financial Highlights
(Dollars in millions, except per share data, shares in thousands)
		Quarter Ended								Year-to-Date
		September 30						%		September 30						%
		2012			2011			Change		2012			2011			Change
Summary Income Statement
Interest income		$	1,758		$	1,788		(1.7)	%	$	5,305		$	5,228		1.5	%
Interest expense			238			334		(28.7)			812			1,063		(23.6)
	Net interest income - taxable equivalent		1,520			1,454		4.5			4,493			4,165		7.9
Less:  Taxable-equivalent adjustment			37			38		(2.6)			112			110		1.8
	Net interest income		1,483			1,416		4.7			4,381			4,055		8.0
Provision for credit losses			244			250		(2.4)			805			918		(12.3)
	Net interest income after provision for credit losses		1,239			1,166		6.3			3,576			3,137		14.0
Noninterest income			963			690		39.6			2,800			2,191		27.8
Noninterest expense			1,529			1,417		7.9			4,340			4,184		3.7
Income before income taxes			673			439		53.3			2,036			1,144		78.0
Provision for income taxes			177			68		160.3			557			212		162.7
	Net income		496			371		33.7			1,479			932		58.7
Noncontrolling interests			2			5		(60.0)			36			34		5.9
Preferred stock dividends			25			―		NM			33			―		NM
	Net income available to common shareholders		469			366		28.1			1,410			898		57.0
Per Common Share Data
Earnings
	Basic	$	0.67		$	0.52		28.8	%	$	2.02		$	1.29		56.6	%
	Diluted		0.66			0.52		26.9			1.99			1.27		56.7
Cash dividends declared (1)			0.20			0.16		25.0			0.60			0.49		22.4
Book value			26.88			25.07		7.2			26.88			25.07		7.2
Tangible book value (2)			17.02			16.42		3.7			17.02			16.42		3.7
End of period shares outstanding (in thousands)			699,541			697,101		0.4			699,541			697,101		0.4
Weighted average shares (in thousands)
	Basic		699,091			697,052		0.3			698,454			696,335		0.3
	Diluted		709,875			705,604		0.6			708,439			704,910		0.5
Performance Ratios
Return on average assets			1.10	%		0.89	%				1.12	%		0.78	%
Return on average common shareholders' equity			9.94			8.30					10.30			7.05
Return on average tangible common shareholders' equity (3)			17.01			13.71					17.25			11.97
Net interest margin - taxable equivalent			3.94			4.09					3.94			4.08
Fee income ratio (4)			42.4			39.3					42.0			40.1
Efficiency ratio (4)			55.2			54.6					54.0			55.8
Credit Quality (including covered assets)
Nonperforming assets as a percentage of
	Total assets		1.10	%		1.98	%				1.10	%		1.98	%
	Loans and leases plus foreclosed property		1.70			3.05					1.70			3.05
Net charge-offs as a percentage of average
	loans and leases		1.05			1.57					1.18			1.61
Allowance for loan and lease losses as a percentage
	of loans and leases held for investment		1.80			2.25					1.80			2.25
Ratio of allowance for loan and lease losses to
	nonperforming loans and leases held for investment		1.33	X		1.20	X				1.33	X		1.20	X
Average Balances
Total assets		$	179,306		$	165,520		8.3	%	$	176,725		$	160,092		10.4	%
Total securities (5)			35,260			31,567		11.7			36,317			27,919		30.1
Loans and leases			115,609			105,658		9.4			112,602			105,099		7.1
Deposits			128,695			115,056		11.9			126,225			109,080		15.7
Common shareholders' equity			18,757			17,490		7.2			18,279			17,044		7.2
Total shareholders' equity			20,125			17,551		14.7			18,902			17,102		10.5
Period-End Balances
Total assets		$	182,021		$	167,677		8.6	%	$	182,021		$	167,677		8.6	%
Total securities (5)			37,238			32,784		13.6			37,238			32,784		13.6
Loans and leases			117,607			107,449		9.5			117,607			107,449		9.5
Deposits			130,018			117,567		10.6			130,018			117,567		10.6
Common shareholders' equity			18,800			17,479		7.6			18,800			17,479		7.6
Total shareholders' equity			20,532			17,541		17.1			20,532			17,541		17.1
Capital Ratios (6)
Risk-based
	Tier 1		10.9	%		12.6	%				10.9	%		12.6	%
	Total		14.0			16.1					14.0			16.1
Leverage			7.9			9.2					7.9			9.2
Tangible common equity (2)			6.8			7.1					6.8			7.1
Tier 1 common equity to risk-weighted assets (2)			9.5			9.8					9.5			9.8
Applicable ratios are annualized.
(1)	BB&T Corporation declared a special one-time dividend of $0.01 per common share in the first quarter of 2011.
(2)	Tangible common equity and Tier 1 common equity ratios are non-GAAP measures.  BB&T uses the Tier 1 common equity definition used in the SCAP assessment to calculate these ratios.  See the calculations and management's reasons for using these measures on page 20 of this supplement.
(3)	Return on average tangible common shareholders' equity is a non-GAAP measure. See the calculation and management's reasons for using this measure on page 22 of this supplement.
(4)	Excludes securities gains (losses), foreclosed property expense, amortization of intangible assets, merger-related and restructuring charges, the impacts of FDIC loss share accounting, and other selected items as detailed on page 21 of this supplement. See non-GAAP reconciliations on page 22 of this supplement.
(5)	Total securities includes securities available for sale (AFS) and securities held to maturity (HTM). Average balances reflect both AFS and HTM securities at amortized cost. Period-end balances reflect AFS securities at fair value and HTM securities at amortized cost.
(6)	Current quarter regulatory capital information is preliminary.
NM - Not meaningful.

1

BB&T Corporation
Financial Highlights - Five Quarter Trend
(Dollars in millions, except per share data, shares in thousands)
		Quarter Ended
		Sept. 30			June 30			March 31			Dec. 31			Sept. 30
		2012			2012			2012			2011			2011
Summary Income Statement
Interest income		$	1,758		$	1,767		$	1,780		$	1,807		$	1,788
Interest expense			238			267			307			318			334
	Net interest income - taxable equivalent		1,520			1,500			1,473			1,489			1,454
Less:  Taxable-equivalent adjustment			37			38			37			37			38
	Net interest income		1,483			1,462			1,436			1,452			1,416
Provision for credit losses			244			273			288			272			250
	Net interest income after provision for credit losses		1,239			1,189			1,148			1,180			1,166
Noninterest income			963			966			871			922			690
Noninterest expense			1,529			1,426			1,385			1,618			1,417
Income before income taxes			673			729			634			484			439
Provision for income taxes			177			191			189			84			68
	Net income		496			538			445			400			371
Noncontrolling interests			2			20			14			9			5
Preferred stock dividends			25			8			―			―			―
	Net income available to common shareholders		469			510			431			391			366
Per Common Share Data
Earnings
	Basic	$	0.67		$	0.73		$	0.62		$	0.56		$	0.52
	Diluted		0.66			0.72			0.61			0.55			0.52
Cash dividends declared			0.20			0.20			0.20			0.16			0.16
Book value			26.88			26.19			25.51			24.98			25.07
Tangible book value (1)			17.02			16.92			17.12			16.73			16.42
End of period shares outstanding (in thousands)			699,541			698,795			698,454			697,143			697,101
Weighted average shares (in thousands)
	Basic		699,091			698,579			697,685			697,117			697,052
	Diluted		709,875			708,454			707,369			706,178			705,604
Performance Ratios
Return on average assets			1.10	%		1.22	%		1.03	%		0.93	%		0.89	%
Return on average common shareholders' equity			9.94			11.21			9.75			8.76			8.30
Return on average tangible common shareholders' equity (2)			17.01			18.85			15.88			14.36			13.71
Net interest margin - taxable equivalent			3.94			3.95			3.93			4.02			4.09
Fee income ratio (3)			42.4			42.4			41.0			38.4			39.3
Efficiency ratio (3)			55.2			53.9			52.0			53.5			54.6
Credit Quality (including covered assets)
Nonperforming assets as a percentage of
	Total assets		1.10	%		1.24	%		1.50	%		1.62	%		1.98	%
	Loans and leases plus foreclosed property		1.70			1.93			2.35			2.52			3.05
Net charge-offs as a percentage of average
	loans and leases		1.05			1.21			1.28			1.44			1.57
Allowance for loan and lease losses as a percentage
	of loans and leases held for investment		1.80			1.91			2.02			2.10			2.25
Ratio of allowance for loan and lease losses to
	nonperforming loans and leases held for investment		1.33	X		1.29	X		1.18	X		1.21	X		1.20	X
Average Balances
Total assets		$	179,306		$	176,870		$	173,969		$	171,496		$	165,520
Total securities (4)			35,260			37,114			36,589			35,867			31,567
Loans and leases			115,609			111,760			110,403			108,523			105,658
Deposits			128,695			125,348			124,606			121,925			115,056
Common shareholders' equity			18,757			18,302			17,772			17,693			17,490
Total shareholders' equity			20,125			18,737			17,829			17,755			17,551
Period-End Balances
Total assets		$	182,021		$	178,529		$	174,752		$	174,579		$	167,677
Total securities (4)			37,238			37,643			37,865			36,407			32,784
Loans and leases			117,607			113,811			110,686			111,205			107,449
Deposits			130,018			126,059			124,157			124,939			117,567
Common shareholders' equity			18,800			18,300			17,820			17,418			17,479
Shareholders' equity			20,532			18,926			17,882			17,480			17,541
Capital Ratios (5)
Risk-based
	Tier 1		10.9	%		10.2	%		12.8	%		12.5	%		12.6	%
	Total		14.0			13.5			16.2			15.7			16.1
Leverage			7.9			7.3			9.1			9.0			9.2
Tangible common equity (1)			6.8			6.9			7.1			6.9			7.1
Tier 1 common equity to risk-weighted assets (1)			9.5			9.7			10.0			9.7			9.8
Applicable ratios are annualized.
(1)	Tangible common equity and Tier 1 common equity ratios are non-GAAP measures.  BB&T uses the Tier 1 common equity definition used in the SCAP assessment to calculate these ratios.  See the calculations and management's reasons for using these measures on page 20 of this supplement.
(2)	Return on average tangible common shareholders' equity is a non-GAAP measure. See the calculation and management's reasons for using this measure on page 22 of this supplement.
(3)	Excludes securities gains (losses), foreclosed property expense, amortization of intangible assets, merger-related and restructuring charges, the impacts of FDIC loss share accounting, and other selected items as detailed on page 21 of this supplement. See non-GAAP reconciliations on page 22 of this supplement.
(4)	Total securities includes securities available for sale (AFS) and securities held to maturity (HTM). Average balances reflect both AFS and HTM securities at amortized cost. Period-end balances reflect AFS securities at fair value and HTM securities at amortized cost.
(5)	Current regulatory capital information is preliminary.

2

BB&T Corporation
Consolidated Statements of Income
(Dollars in millions, except per share data, shares in thousands)
			Quarter Ended								Year-to-Date
			Sept. 30				Change				Sept. 30				Change
			2012		2011		$		%		2012		2011		$		%
Interest Income
	Interest and fees on loans and leases		$	1,492	$	1,546	$	(54)	(3.5)	%	$	4,486	$	4,589	$	(103)	(2.2)	%
	Interest and dividends on securities			221		199		22	11.1			685		512		173	33.8
	Interest on other earning assets			7		5		2	40.0			20		15		5	33.3
		Total interest income		1,720		1,750		(30)	(1.7)			5,191		5,116		75	1.5
Interest Expense
	Interest on deposits			105		150		(45)	(30.0)			333		473		(140)	(29.6)
	Interest on federal funds purchased, securities sold under
		repurchase agreements and short-term borrowed funds		2		3		(1)	(33.3)			5		10		(5)	(50.0)
	Interest on long-term debt			130		181		(51)	(28.2)			472		578		(106)	(18.3)
		Total interest expense		237		334		(97)	(29.0)			810		1,061		(251)	(23.7)
Net interest income				1,483		1,416		67	4.7			4,381		4,055		326	8.0
	Provision for credit losses			244		250		(6)	(2.4)			805		918		(113)	(12.3)
Net interest income after provision for credit loss				1,239		1,166		73	6.3			3,576		3,137		439	14.0
Noninterest income
	Insurance income			333		241		92	38.2			997		790		207	26.2
	Service charges on deposits			142		141		1	0.7			417		421		(4)	(1.0)
	Mortgage banking income			211		123		88	71.5			609		301		308	102.3
	Investment banking and brokerage fees and commissions			90		81		9	11.1			267		258		9	3.5
	Checkcard fees			48		78		(30)	(38.5)			136		229		(93)	(40.6)
	Bankcard fees and merchant discounts			62		51		11	21.6			175		149		26	17.4
	Trust and investment advisory revenues			46		43		3	7.0			137		131		6	4.6
	Income from bank-owned life insurance			30		33		(3)	(9.1)			87		92		(5)	(5.4)
	FDIC loss share income, net			(90)		(104)		14	(13.5)			(221)		(243)		22	(9.1)
	Securities gains (losses), net			(1)		(39)		38	(97.4)			(12)		(41)		29	(70.7)
	Other income			92		42		50	119.0			208		104		104	100.0
		Total noninterest income		963		690		273	39.6			2,800		2,191		609	27.8
Noninterest Expense
	Personnel expense			797		671		126	18.8			2,302		2,048		254	12.4
	Foreclosed property expense			54		168		(114)	(67.9)			218		456		(238)	(52.2)
	Occupancy and equipment expense			166		151		15	9.9			478		457		21	4.6
	Loan processing expenses			85		55		30	54.5			210		168		42	25.0
	Regulatory charges			40		46		(6)	(13.0)			124		166		(42)	(25.3)
	Professional services			36		56		(20)	(35.7)			110		125		(15)	(12.0)
	Software expense			36		30		6	20.0			100		85		15	17.6
	Amortization of intangibles			31		24		7	29.2			82		75		7	9.3
	Merger-related and restructuring charges, net			43		-		43	NM			57		-		57	NM
	Other expenses			241		216		25	11.6			659		604		55	9.1
		Total noninterest expense		1,529		1,417		112	7.9			4,340		4,184		156	3.7
Earnings
	Income before income taxes			673		439		234	53.3			2,036		1,144		892	78.0
	Provision for income taxes			177		68		109	160.3			557		212		345	162.7
		Net Income		496		371		125	33.7			1,479		932		547	58.7
	Noncontrolling interests			2		5		(3)	(60.0)			36		34		2	5.9
	Preferred stock dividends			25		―		25	NM			33		―		33	NM
		Net income available to common shareholders	$	469	$	366	$	103	28.1	%	$	1,410	$	898	$	512	57.0	%
Earnings Per Common Share
		Basic	$	0.67	$	0.52	$	0.15	28.8	%	$	2.02	$	1.29	$	0.73	56.6	%
		Diluted		0.66		0.52		0.14	26.9			1.99		1.27		0.72	56.7
Weighted Average Shares Outstanding
		Basic		699,091		697,052		2,039	0.3			698,454		696,335		2,119	0.3
		Diluted		709,875		705,604		4,271	0.6			708,439		704,910		3,529	0.5
NM - not meaningful.

3

BB&T Corporation
Consolidated Statements of Income - Five Quarter Trend
(Dollars in millions, except per share data, shares in thousands)
			Quarter Ended
			Sept. 30		June 30		March 31		Dec. 31		Sept. 30
			2012		2012		2012		2011		2011
Interest Income
	Interest and fees on loans and leases		$	1,492	$	1,492	$	1,502	$	1,530	$	1,546
	Interest and dividends on securities			221		230		234		235		199
	Interest on other earning assets			7		6		7		4		5
		Total interest income		1,720		1,728		1,743		1,769		1,750
Interest Expense
	Interest on deposits			105		107		121		137		150
	Interest on federal funds purchased, securities sold under
		repurchase agreements and short-term borrowed funds		2		2		1		1		3
	Interest on long-term debt			130		157		185		179		181
		Total interest expense		237		266		307		317		334
Net interest income				1,483		1,462		1,436		1,452		1,416
	Provision for credit losses			244		273		288		272		250
Net interest income after provision for credit loss				1,239		1,189		1,148		1,180		1,166
Noninterest income
	Insurance income			333		393		271		254		241
	Service charges on deposits			142		138		137		142		141
	Mortgage banking income			211		182		216		135		123
	Investment banking and brokerage fees and commissions			90		88		89		75		81
	Checkcard fees			48		45		43		42		78
	Bankcard fees and merchant discounts			62		59		54		55		51
	Trust and investment advisory revenues			46		46		45		42		43
	Income from bank-owned life insurance			30		27		30		30		33
	FDIC loss share income, net			(90)		(74)		(57)		(46)		(104)
	Securities gains (losses), net			(1)		(2)		(9)		103		(39)
	Other income			92		64		52		90		42
		Total noninterest income		963		966		871		922		690
Noninterest Expense
	Personnel expense			797		775		730		679		671
	Foreclosed property expense			54		72		92		346		168
	Occupancy and equipment expense			166		159		153		159		151
	Loan processing expenses			85		62		63		59		55
	Regulatory charges			40		43		41		46		46
	Professional services			36		39		35		49		56
	Software expense			36		32		32		33		30
	Amortization of intangibles			31		29		22		24		24
	Merger-related and restructuring charges, net			43		2		12		16		-
	Other expenses			241		213		205		207		216
		Total noninterest expense		1,529		1,426		1,385		1,618		1,417
Earnings
	Income before income taxes			673		729		634		484		439
	Provision for income taxes			177		191		189		84		68
		Net Income		496		538		445		400		371
	Noncontrolling interests			2		20		14		9		5
	Preferred stock dividends			25		8		―		―		―
		Net income available to common shareholders	$	469	$	510	$	431	$	391	$	366
Earnings Per Common Share
		Basic	$	0.67	$	0.73	$	0.62	$	0.56	$	0.52
		Diluted		0.66		0.72		0.61		0.55		0.52
Weighted Average Shares Outstanding
		Basic		699,091		698,579		697,685		697,117		697,052
		Diluted		709,875		708,454		707,369		706,178		705,604

4

BB&T Corporation
Lines of Business Financial Performance (1)
Quarter Ended September 30, 2012 and 2011
(Dollars in millions)
									Residential							Dealer
			Community Banking						Mortgage Banking							Financial Services						Specialized Lending
			Sept. 30		Sept. 30	Percent			Sept. 30			Sept. 30	Percent			Sept. 30		Sept. 30	Percent			Sept. 30		Sept. 30	Percent
			2012		2011	Change			2012			2011	Change			2012		2011	Change			2012		2011	Change
Net interest income (expense)		$	526	$	486	8.2	%	$	286		$	255	12.2	%	$	213	$	217	(1.8)	%	$	181	$	164	10.4	%
Net intersegment interest income
	(expense)		325		405	(19.8)			(194)			(182)	6.6			(53)		(67)	(20.9)			(38)		(45)	(15.6)
Segment net interest income			851		891	(4.5)			92			73	26.0			160		150	6.7			143		119	20.2
Allocated provision for loan
	and lease losses		92		142	(35.2)			23			56	(58.9)			43		24	79.2			65		26	150.0
Noninterest income			281		284	(1.1)			190			100	90.0			1		1	―			58		53	9.4
Intersegment net referral fees
	(expense)		48		31	54.8			―			1	(100.0)			―		―	NM			―		―	NM
Noninterest expense			428		549	(22.0)			112			78	43.6			24		22	9.1			66		61	8.2
Amortization of intangibles			11		11	―			―			―	NM			1		―	NM			1		1	―
Allocated corporate expenses			256		224	14.3			14			12	16.7			8		9	(11.1)			20		18	11.1
Income (loss) before income taxes			393		280	40.4			133			28	NM			85		96	(11.5)			49		66	(25.8)
Provision (benefit) for income
	taxes		143		102	40.2			50			11	NM			32		36	(11.1)			6		12	(50.0)
Segment net income (loss)		$	250	$	178	40.4		$	83		$	17	NM		$	53	$	60	(11.7)		$	43	$	54	(20.4)
Identifiable segment assets
	(period end)	$	61,748	$	61,008	1.2		$	28,615		$	23,270	23.0		$	10,316	$	9,803	5.2		$	18,650	$	16,089	15.9
															Other, Treasury						Total BB&T
		Insurance Services						Financial Services							& Corporate (2)						Corporation
		Sept. 30		Sept. 30		Percent		Sept. 30			Sept. 30		Percent		Sept. 30		Sept. 30		Percent		Sept. 30		Sept. 30		Percent
		2012		2011		Change		2012			2011		Change		2012		2011		Change		2012		2011		Change
Net interest income (expense)		$	1	$	1	―	%	$	30		$	27	11.1	%	$	246	$	266	(7.5)	%	$	1,483	$	1,416	4.7	%
Net intersegment interest income
	(expense)		1		1	―			84			71	18.3			(125)		(183)	(31.7)			―		―	NM
Segment net interest income			2		2	―			114			98	16.3			121		83	45.8			1,483		1,416	4.7
Allocated provision for loan
	and lease losses		―		―	NM			12			1	NM			9		1	NM			244		250	(2.4)
Noninterest income			334		239	39.7			183			172	6.4			(84)		(159)	(47.2)			963		690	39.6
Intersegment net referral fees
	(expense)		―		―	NM			7			6	16.7			(55)		(38)	44.7			―		―	NM
Noninterest expense			272		198	37.4			152			143	6.3			444		342	29.8			1,498		1,393	7.5
Amortization of intangibles			18		10	80.0			―			―	NM			―		2	(100.0)			31		24	29.2
Allocated corporate expenses			20		17	17.6			26			20	30.0			(344)		(300)	14.7			―		―	NM
Income (loss) before income taxes			26		16	62.5			114			112	1.8			(127)		(159)	(20.1)			673		439	53.3
Provision (benefit) for income
	taxes		10		6	66.7			43			42	2.4			(107)		(141)	(24.1)			177		68	160.3
Segment net income (loss)		$	16	$	10	60.0		$	71		$	70	1.4		$	(20)	$	(18)	11.1		$	496	$	371	33.7
Identifiable segment assets
	(period end)	$	3,090	$	2,133	44.9		$	8,991		$	6,561	37.0		$	50,611	$	48,813	3.7		$	182,021	$	167,677	8.6
(1)	Lines of business results are preliminary.
(2)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.
NM - not meaningful.

5

BB&T Corporation
Lines of Business Financial Performance (1)
Year-To-Date September 30, 2012 and 2011
(Dollars in millions)
									Residential							Dealer
			Community Banking						Mortgage Banking							Financial Services						Specialized Lending
			Sept. 30		Sept. 30	Percent			Sept. 30			Sept. 30	Percent			Sept. 30		Sept. 30	Percent			Sept. 30		Sept. 30	Percent
			2012		2011	Change			2012			2011	Change			2012		2011	Change			2012		2011	Change
Net interest income (expense)		$	1,549	$	1,438	7.7	%	$	850		$	753	12.9	%	$	633	$	639	(0.9)	%	$	522	$	469	11.3	%
Net intersegment interest income
	(expense)		1,022		1,254	(18.5)			(578)			(547)	5.7			(166)		(208)	(20.2)			(119)		(128)	(7.0)
Segment net interest income			2,571		2,692	(4.5)			272			206	32.0			467		431	8.4			403		341	18.2
Allocated provision for loan
	and lease losses		537		471	14.0			39			281	(86.1)			97		83	16.9			116		48	141.7
Noninterest income			829		775	7.0			547			238	129.8			5		5	―			163		154	5.8
Intersegment net referral fees
	(expense)		130		91	42.9			(1)			―	NM			―		―	NM			―		―	NM
Noninterest expense			1,363		1,613	(15.5)			289			210	37.6			74		67	10.4			187		175	6.9
Amortization of intangibles			30		36	(16.7)			―			―	NM			1		1	―			4		4	―
Allocated corporate expenses			768		674	13.9			41			36	13.9			27		28	(3.6)			58		54	7.4
Income (loss) before income taxes			832		764	8.9			449			(83)	NM			273		257	6.2			201		214	(6.1)
Provision (benefit) for income
	taxes		300		278	7.9			169			(31)	NM			103		97	6.2			38		43	(11.6)
Segment net income (loss)		$	532	$	486	9.5		$	280		$	(52)	NM		$	170	$	160	6.3		$	163	$	171	(4.7)
Identifiable segment assets
	(period end)	$	61,748	$	61,008	1.2		$	28,615		$	23,270	23.0		$	10,316	$	9,803	5.2		$	18,650	$	16,089	15.9
															Other, Treasury						Total BB&T
		Insurance Services						Financial Services							& Corporate (2)						Corporation
		Sept. 30		Sept. 30		Percent		Sept. 30			Sept. 30		Percent		Sept. 30		Sept. 30		Percent		Sept. 30		Sept. 30		Percent
		2012		2011		Change		2012			2011		Change		2012		2011		Change		2012		2011		Change
Net interest income (expense)		$	2	$	2	―	%	$	87		$	78	11.5	%	$	738	$	676	9.2	%	$	4,381	$	4,055	8.0	%
Net intersegment interest income
	(expense)		2		3	(33.3)			246			187	31.6			(407)		(561)	(27.5)			―		―	NM
Segment net interest income			4		5	(20.0)			333			265	25.7			331		115	187.8			4,381		4,055	8.0
Allocated provision for loan
	and lease losses		―		―	NM			18			(10)	NM			(2)		45	(104.4)			805		918	(12.3)
Noninterest income			997		785	27.0			530			511	3.7			(271)		(277)	(2.2)			2,800		2,191	27.8
Intersegment net referral fees
	(expense)		―		―	NM			19			14	35.7			(148)		(105)	41.0			―		―	NM
Noninterest expense			744		599	24.2			478			431	10.9			1,123		1,014	10.7			4,258		4,109	3.6
Amortization of intangibles			45		31	45.2			2			2	―			―		1	(100.0)			82		75	9.3
Allocated corporate expenses			59		51	15.7			71			56	26.8			(1,024)		(899)	13.9			―		―	NM
Income (loss) before income taxes			153		109	40.4			313			311	0.6			(185)		(428)	(56.8)			2,036		1,144	78.0
Provision (benefit) for income
	taxes		48		33	45.5			117			117	―			(218)		(325)	(32.9)			557		212	162.7
Segment net income (loss)		$	105	$	76	38.2		$	196		$	194	1.0		$	33	$	(103)	(132.0)		$	1,479	$	932	58.7
Identifiable segment assets
	(period end)	$	3,090	$	2,133	44.9		$	8,991		$	6,561	37.0		$	50,611	$	48,813	3.7		$	182,021	$	167,677	8.6
(1)	Lines of business results are preliminary.
(2)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.
NM - not meaningful.

6

BB&T Corporation
Lines of Business Financial Performance - Five Quarter Trend (1)
(Dollars in millions)
			Quarter Ended
Community Banking			Sept. 30		June 30		March 31		Dec. 31		Sept. 30
			2012		2012		2012		2011		2011
Net interest income (expense)			$	526	$	517	$	506	$	499	$	486
Net intersegment interest income (expense)				325		339		358		388		405
	Segment net interest income			851		856		864		887		891
Allocated provision for loan and lease losses				92		190		255		118		142
Noninterest income				281		280		268		241		284
Intersegment net referral fees (expense)				48		43		39		41		31
Noninterest expense				428		447		488		741		549
Amortization of intangibles				11		10		9		11		11
Allocated corporate expenses				256		255		257		225		224
	Income (loss) before income taxes			393		277		162		74		280
	Provision (benefit) for income taxes			143		100		57		24		102
		Segment net income (loss)	$	250	$	177	$	105	$	50	$	178
Identifiable segment assets (period end)			$	61,748	$	61,081	$	60,750	$	61,072	$	61,008
			Quarter Ended
Residential Mortgage Banking			Sept. 30		June 30		March 31		Dec. 31		Sept. 30
			2012		2012		2012		2011		2011
Net interest income (expense)			$	286	$	285	$	279	$	272	$	255
Net intersegment interest income (expense)				(194)		(193)		(191)		(187)		(182)
	Segment net interest income			92		92		88		85		73
Allocated provision for loan and lease losses				23		38		(22)		39		56
Noninterest income				190		162		195		111		100
Intersegment net referral fees (expense)				―		―		(1)		―		1
Noninterest expense				112		92		85		86		78
Amortization of intangibles				―		―		―		―		―
Allocated corporate expenses				14		13		14		12		12
	Income (loss) before income taxes			133		111		205		59		28
	Provision (benefit) for income taxes			50		42		77		22		11
		Segment net income (loss)	$	83	$	69	$	128	$	37	$	17
Identifiable segment assets (period end)			$	28,615	$	27,318	$	25,288	$	25,471	$	23,270
			Quarter Ended
Dealer Financial Services			Sept. 30		June 30		March 31		Dec. 31		Sept. 30
			2012		2012		2012		2011		2011
Net interest income (expense)			$	213	$	210	$	210	$	213	$	217
Net intersegment interest income (expense)				(53)		(54)		(59)		(62)		(67)
	Segment net interest income			160		156		151		151		150
Allocated provision for loan and lease losses				43		27		27		42		24
Noninterest income				1		2		2		2		1
Intersegment net referral fees (expense)				―		―		―		―		―
Noninterest expense				24		25		25		23		22
Amortization of intangibles				1		―		―		―		―
Allocated corporate expenses				8		10		9		9		9
	Income (loss) before income taxes			85		96		92		79		96
	Provision (benefit) for income taxes			32		36		35		30		36
		Segment net income (loss)	$	53	$	60	$	57	$	49	$	60
Identifiable segment assets (period end)			$	10,316	$	10,303	$	10,050	$	9,874	$	9,803
			Quarter Ended
Specialized Lending			Sept. 30		June 30		March 31		Dec. 31		Sept. 30
			2012		2012		2012		2011		2011
Net interest income (expense)			$	181	$	175	$	166	$	167	$	164
Net intersegment interest income (expense)				(38)		(40)		(41)		(43)		(45)
	Segment net interest income			143		135		125		124		119
Allocated provision for loan and lease losses				65		24		27		24		26
Noninterest income				58		52		53		57		53
Intersegment net referral fees (expense)				―		―		―		―		―
Noninterest expense				66		58		63		58		61
Amortization of intangibles				1		2		1		2		1
Allocated corporate expenses				20		19		19		18		18
	Income (loss) before income taxes			49		84		68		79		66
	Provision (benefit) for income taxes			6		19		13		15		12
		Segment net income (loss)	$	43	$	65	$	55	$	64	$	54
Identifiable segment assets (period end)			$	18,650	$	18,140	$	16,889	$	16,766	$	16,089
(1)	Lines of business results are preliminary.

7

BB&T Corporation
Lines of Business Financial Performance - Five Quarter Trend (1)
(Dollars in millions)
			Quarter Ended
Insurance Services			Sept. 30		June 30		March 31		Dec. 31		Sept. 30
			2012		2012		2012		2011		2011
Net interest income (expense)			$	1	$	―	$	1	$	1	$	1
Net intersegment interest income (expense)				1		―		1		1		1
	Segment net interest income			2		―		2		2		2
Allocated provision for loan and lease losses				―		―		―		―		―
Noninterest income				334		393		270		255		239
Intersegment net referral fees (expense)				―		―		―		―		―
Noninterest expense				272		260		212		187		198
Amortization of intangibles				18		17		10		11		10
Allocated corporate expenses				20		19		20		21		17
	Income (loss) before income taxes			26		97		30		38		16
	Provision (benefit) for income taxes			10		31		7		13		6
		Segment net income (loss)	$	16	$	66	$	23	$	25	$	10
Identifiable segment assets (period end)			$	3,090	$	3,299	$	2,310	$	2,350	$	2,133
			Quarter Ended
Financial Services			Sept. 30		June 30		March 31		Dec. 31		Sept. 30
			2012		2012		2012		2011		2011
Net interest income (expense)			$	30	$	30	$	27	$	29	$	27
Net intersegment interest income (expense)				84		82		80		80		71
	Segment net interest income			114		112		107		109		98
Allocated provision for loan and lease losses				12		(8)		14		9		1
Noninterest income				183		169		178		183		172
Intersegment net referral fees (expense)				7		6		6		6		6
Noninterest expense				152		173		153		143		143
Amortization of intangibles				―		1		1		1		―
Allocated corporate expenses				26		22		23		19		20
	Income (loss) before income taxes			114		99		100		126		112
	Provision (benefit) for income taxes			43		36		38		47		42
		Segment net income (loss)	$	71	$	63	$	62	$	79	$	70
Identifiable segment assets (period end)			$	8,991	$	8,216	$	7,790	$	7,413	$	6,561
			Quarter Ended
Other, Treasury & Corporate (2)			Sept. 30		June 30		March 31		Dec. 31		Sept. 30
			2012		2012		2012		2011		2011
Net interest income (expense)			$	246	$	245	$	247	$	271	$	266
Net intersegment interest income (expense)				(125)		(134)		(148)		(177)		(183)
	Segment net interest income			121		111		99		94		83
Allocated provision for loan and lease losses				9		2		(13)		40		1
Noninterest income				(84)		(92)		(95)		73		(159)
Intersegment net referral fees (expense)				(55)		(49)		(44)		(47)		(38)
Noninterest expense				444		342		337		356		342
Amortization of intangibles				―		(1)		1		(1)		2
Allocated corporate expenses				(344)		(338)		(342)		(304)		(300)
	Income (loss) before income taxes			(127)		(35)		(23)		29		(159)
	Provision (benefit) for income taxes			(107)		(73)		(38)		(67)		(141)
		Segment net income (loss)	$	(20)	$	38	$	15	$	96	$	(18)
Identifiable segment assets (period end)			$	50,611	$	50,172	$	51,675	$	51,633	$	48,813
			Quarter Ended
Total BB&T Corporation			Sept. 30		June 30		March 31		Dec. 31		Sept. 30
			2012		2012		2012		2011		2011
Net interest income (expense)			$	1,483	$	1,462	$	1,436	$	1,452	$	1,416
Net intersegment interest income (expense)				―		―		―		―		―
	Segment net interest income			1,483		1,462		1,436		1,452		1,416
Allocated provision for loan and lease losses				244		273		288		272		250
Noninterest income				963		966		871		922		690
Intersegment net referral fees (expense)				―		―		―		―		―
Noninterest expense				1,498		1,397		1,363		1,594		1,393
Amortization of intangibles				31		29		22		24		24
Allocated corporate expenses				―		―		―		―		―
	Income (loss) before income taxes			673		729		634		484		439
	Provision (benefit) for income taxes			177		191		189		84		68
		Segment net income (loss)	$	496	$	538	$	445	$	400	$	371
Identifiable segment assets (period end)			$	182,021	$	178,529	$	174,752	$	174,579	$	167,677
(1)	Lines of business results are preliminary.
(2)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.

8

BB&T Corporation
Consolidated Balance Sheets
(Dollars in millions)
				As of September 30				Change
				2012		2011		$		%
Assets
	Cash and due from banks			$	1,557	$	1,312	$	245	18.7	%
	Interest-bearing deposits with banks				1,784		2,907		(1,123)	(38.6)
	Federal funds sold and securities purchased under
		resale agreements or similar arrangements			162		185		(23)	(12.4)
	Segregated cash due from banks				3		19		(16)	(84.2)
	Trading securities at fair value				572		428		144	33.6
	Securities available for sale at fair value (1)				24,098		24,649		(551)	(2.2)
	Securities held to maturity				13,140		8,135		5,005	61.5
	Loans and leases:
		Commercial loans and leases
			Commercial and industrial		38,012		34,817		3,195	9.2
			Commercial real estate—other		10,913		10,931		(18)	(0.2)
			Commercial real estate—residential ADC (2)		1,454		2,414		(960)	(39.8)
		Direct retail lending			15,710		13,929		1,781	12.8
		Sales finance loans			7,723		7,265		458	6.3
		Revolving credit loans			2,291		2,128		163	7.7
		Residential mortgage loans			24,293		19,361		4,932	25.5
		Other lending subsidiaries			10,056		8,636		1,420	16.4
			Total loans and leases held for investment (excluding covered loans)		110,452		99,481		10,971	11.0
		Covered loans			3,688		5,222		(1,534)	(29.4)
			Total loans and leases held for investment		114,140		104,703		9,437	9.0
		Loans held for sale			3,467		2,746		721	26.3
			Total loans and leases		117,607		107,449		10,158	9.5
	Allowance for loan and lease losses				(2,051)		(2,355)		304	(12.9)
	FDIC loss share receivable				656		1,221		(565)	(46.3)
	Premises and equipment				1,940		1,864		76	4.1
	Goodwill				6,718		6,016		702	11.7
	Core deposit and other intangible assets				718		433		285	65.8
	Residential mortgage servicing rights at fair value				563		573		(10)	(1.7)
	Other assets (3)				14,554		14,841		(287)	(1.9)
		Total assets		$	182,021	$	167,677	$	14,344	8.6	%
Liabilities and Shareholders' Equity
	Deposits:
		Noninterest-bearing deposits		$	30,810	$	24,557	$	6,253	25.5	%
		Interest checking			20,182		18,971		1,211	6.4
		Money market and savings			48,099		43,858		4,241	9.7
		Certificates and other time deposits			30,927		30,142		785	2.6
		Foreign office deposits - interest-bearing			―		39		(39)	(100.0)
			Total deposits		130,018		117,567		12,451	10.6
	Fed funds purchased, repos and other borrowings				3,093		3,953		(860)	(21.8)
	Long-term debt				19,221		22,153		(2,932)	(13.2)
	Other liabilities				9,157		6,463		2,694	41.7
		Total liabilities			161,489		150,136		11,353	7.6
	Shareholders' equity:
		Preferred stock			1,679		―		1,679	NM
		Common stock			3,498		3,486		12	0.3
		Additional paid-in capital			5,950		5,856		94	1.6
		Retained earnings			9,761		8,493		1,268	14.9
		Accumulated other comprehensive loss			(409)		(356)		(53)	14.9
		Noncontrolling interests			53		62		(9)	(14.5)
		Total shareholders' equity			20,532		17,541		2,991	17.1
		Total liabilities and shareholders' equity		$	182,021	$	167,677	$	14,344	8.6	%
(1)	Includes $1.6 billion and $1.7 billion at September 30, 2012 and 2011, respectively, covered by FDIC loss sharing agreements.
(2)	Commercial real estate - residential ADC represents residential acquisition, development and construction loans.
(3)	Includes $327 million and $387 million of foreclosed property and other assets covered by FDIC loss sharing agreements at September 30, 2012 and 2011, respectively.
NM - not meaningful.

9

BB&T Corporation
Consolidated Balance Sheets - Five Quarter Trend
(Dollars in millions)
				As of
				Sept. 30		June 30		March 31		Dec. 31		Sept. 30
				2012		2012		2012		2011		2011
Assets
	Cash and due from banks			$	1,557	$	1,409	$	1,336	$	1,562	$	1,312
	Interest-bearing deposits with banks				1,784		2,246		2,464		2,646		2,907
	Federal funds sold and securities purchased under
		resale agreements or similar arrangements			162		212		252		136		185
	Segregated cash due from banks				3		4		20		20		19
	Trading securities at fair value				572		533		589		534		428
	Securities available for sale at fair value (1)				24,098		25,067		24,380		22,313		24,649
	Securities held to maturity				13,140		12,576		13,485		14,094		8,135
	Loans and leases:
		Commercial loans and leases
			Commercial and industrial		38,012		36,938		36,156		36,415		34,817
			Commercial real estate—other		10,913		10,457		10,543		10,689		10,931
			Commercial real estate—residential ADC		1,454		1,590		1,823		2,061		2,414
		Direct retail lending			15,710		15,183		14,897		14,506		13,929
		Sales finance loans			7,723		7,794		7,587		7,401		7,265
		Revolving credit loans			2,291		2,206		2,159		2,212		2,128
		Residential mortgage loans			24,293		23,117		21,513		20,581		19,361
		Other lending subsidiaries			10,056		9,835		8,951		8,737		8,636
			Total loans and leases held for investment (excluding covered loans)		110,452		107,120		103,629		102,602		99,481
		Covered loans			3,688		3,955		4,532		4,867		5,222
			Total loans and leases held for investment		114,140		111,075		108,161		107,469		104,703
		Loans held for sale			3,467		2,736		2,525		3,736		2,746
			Total loans and leases		117,607		113,811		110,686		111,205		107,449
	Allowance for loan and lease losses				(2,051)		(2,126)		(2,181)		(2,256)		(2,355)
	FDIC loss share receivable				656		831		949		1,100		1,221
	Premises and equipment				1,940		1,816		1,822		1,855		1,864
	Goodwill				6,718		6,428		6,077		6,078		6,016
	Core deposit and other intangible assets				718		683		422		444		433
	Residential mortgage servicing rights at fair value				563		578		696		563		573
	Other assets (2)				14,554		14,461		13,755		14,285		14,841
		Total assets		$	182,021	$	178,529	$	174,752	$	174,579	$	167,677
Liabilities and Shareholders' Equity
	Deposits:
		Noninterest-bearing deposits		$	30,810	$	28,664	$	27,410	$	25,684	$	24,557
		Interest checking			20,182		20,228		20,318		20,701		18,971
		Money market and savings			48,099		46,611		46,759		44,618		43,858
		Certificates and other time deposits			30,927		30,556		29,648		33,899		30,142
		Foreign office deposits - interest-bearing			―		―		22		37		39
			Total deposits		130,018		126,059		124,157		124,939		117,567
	Fed funds purchased, repos and other borrowings				3,093		3,196		3,436		3,566		3,953
	Long-term debt				19,221		22,561		22,768		21,803		22,153
	Other liabilities				9,157		7,787		6,509		6,791		6,463
		Total liabilities			161,489		159,603		156,870		157,099		150,136
	Shareholders' equity:
		Preferred stock			1,679		559		―		―		―
		Common stock			3,498		3,494		3,492		3,486		3,486
		Additional paid-in capital			5,950		5,914		5,880		5,873		5,856
		Retained earnings			9,761		9,433		9,064		8,772		8,493
		Accumulated other comprehensive loss			(409)		(541)		(616)		(713)		(356)
		Noncontrolling interests			53		67		62		62		62
		Total shareholders' equity			20,532		18,926		17,882		17,480		17,541
		Total liabilities and shareholders' equity		$	182,021	$	178,529	$	174,752	$	174,579	$	167,677
(1)	Includes $1.6 billion, $1.6 billion, $1.6 billion, $1.6 billion and $1.7 billion at September 30, 2012, June 30, 2012, March 31, 2012, December 31, 2011 and September 30, 2011, respectively, covered by FDIC loss sharing agreements.
(2)	Includes $327 million, $349 million, $403 million, $415 million and $387 million of foreclosed property and other assets covered by FDIC loss sharing agreements at September 30, 2012, June 30, 2012, March 31, 2012, December 31, 2011 and September 30, 2011, respectively.

10

BB&T Corporation
Average Balance Sheets
(Dollars in millions)
					Quarter Ended								Year-to-Date
					September 30				Change				September 30				Change
					2012		2011		$		%		2012		2011		$		%
Assets
	Total securities, at amortized cost (1)
		U.S. government-sponsored entities (GSE)			$	870	$	236	$	634	NM	%	$	846	$	146	$	700	NM	%
		Mortgage-backed securities issued by GSE				30,338		27,104		3,234	11.9			31,415		23,368		8,047	34.4
		States and political subdivisions				1,848		1,864		(16)	(0.9)			1,854		1,907		(53)	(2.8)
		Non-agency mortgage-backed securities				325		511		(186)	(36.4)			358		551		(193)	(35.0)
		Other securities				708		598		110	18.4			648		695		(47)	(6.8)
		Covered securities				1,171		1,254		(83)	(6.6)			1,196		1,252		(56)	(4.5)
			Total securities			35,260		31,567		3,693	11.7			36,317		27,919		8,398	30.1
	Other earning assets					3,049		4,034		(985)	(24.4)			3,352		3,286		66	2.0
	Loans and leases
		Commercial loans and leases
			Commercial and industrial			37,516		34,280		3,236	9.4			36,613		33,789		2,824	8.4
			Commercial real estate—other			10,823		11,069		(246)	(2.2)			10,694		11,240		(546)	(4.9)
			Commercial real estate—residential ADC			1,534		2,576		(1,042)	(40.5)			1,755		2,928		(1,173)	(40.1)
		Direct retail lending				15,520		13,802		1,718	12.4			15,103		13,738		1,365	9.9
		Sales finance loans				7,789		7,234		555	7.7			7,665		7,166		499	7.0
		Revolving credit loans				2,234		2,109		125	5.9			2,196		2,088		108	5.2
		Residential mortgage loans				23,481		18,818		4,663	24.8			22,221		18,355		3,866	21.1
		Other lending subsidiaries				9,998		8,652		1,346	15.6			9,348		8,162		1,186	14.5
			Total loans and leases held for investment
				(excluding covered loans)		108,895		98,540		10,355	10.5			105,595		97,466		8,129	8.3
		Covered loans				3,826		5,342		(1,516)	(28.4)			4,235		5,629		(1,394)	(24.8)
			Total loans and leases held for investment			112,721		103,882		8,839	8.5			109,830		103,095		6,735	6.5
		Loans held for sale				2,888		1,776		1,112	62.6			2,772		2,004		768	38.3
			Total loans and leases			115,609		105,658		9,951	9.4			112,602		105,099		7,503	7.1
				Total earning assets		153,918		141,259		12,659	9.0			152,271		136,304		15,967	11.7
	Nonearning assets					25,388		24,261		1,127	4.6			24,454		23,788		666	2.8
	Total assets				$	179,306	$	165,520	$	13,786	8.3	%	$	176,725	$	160,092	$	16,633	10.4	%
Liabilities and Shareholders' Equity
	Deposits
		Noninterest-bearing deposits			$	29,990	$	23,370	$	6,620	28.3	%	$	27,943	$	22,179	$	5,764	26.0	%
		Interest checking				20,157		19,004		1,153	6.1			19,928		18,326		1,602	8.7
		Money market and savings				47,500		42,174		5,326	12.6			46,578		40,108		6,470	16.1
		Certificates and other time deposits				30,727		30,140		587	1.9			31,620		27,657		3,963	14.3
		Foreign office deposits - interest-bearing				321		368		(47)	(12.8)			156		810		(654)	(80.7)
			Total deposits			128,695		115,056		13,639	11.9			126,225		109,080		17,145	15.7
	Fed funds purchased, repos and other borrowings					3,478		4,307		(829)	(19.2)			3,431		5,682		(2,251)	(39.6)
	Long-term debt					19,682		22,347		(2,665)	(11.9)			21,310		22,448		(1,138)	(5.1)
	Other liabilities					7,326		6,259		1,067	17.0			6,857		5,780		1,077	18.6
			Total liabilities			159,181		147,969		11,212	7.6			157,823		142,990		14,833	10.4
	Shareholders' equity					20,125		17,551		2,574	14.7			18,902		17,102		1,800	10.5
	Total liabilities and shareholders' equity				$	179,306	$	165,520	$	13,786	8.3	%	$	176,725	$	160,092	$	16,633	10.4	%
Average balances exclude basis adjustments for fair value hedges.
(1)	Total securities include securities available for sale and securities held to maturity.
NM - not meaningful.

11

BB&T Corporation
Average Balance Sheets - Five Quarter Trend
(Dollars in millions)
					Quarter Ended
					Sept. 30		June 30		March 31		Dec. 31		Sept. 30
					2012		2012		2012		2011		2011
Assets
	Total securities, at amortized cost (1)
		U.S. government-sponsored entities (GSE)			$	870	$	848	$	820	$	709	$	236
		Mortgage-backed securities issued by GSE				30,338		32,176		31,742		31,053		27,104
		States and political subdivisions				1,848		1,857		1,858		1,861		1,864
		Non-agency mortgage-backed securities				325		338		411		459		511
		Other securities				708		704		532		544		598
		Covered securities				1,171		1,191		1,226		1,241		1,254
			Total securities			35,260		37,114		36,589		35,867		31,567
	Other earning assets					3,049		3,511		3,502		2,974		4,034
	Loans and leases
		Commercial loans and leases
			Commercial and industrial			37,516		36,293		36,021		35,232		34,280
			Commercial real estate—other			10,823		10,578		10,678		10,839		11,069
			Commercial real estate—residential ADC			1,534		1,744		1,989		2,298		2,576
		Direct retail lending				15,520		15,071		14,712		14,183		13,802
		Sales finance loans				7,789		7,690		7,516		7,308		7,234
		Revolving credit loans				2,234		2,178		2,175		2,159		2,109
		Residential mortgage loans				23,481		22,114		21,056		20,051		18,818
		Other lending subsidiaries				9,998		9,370		8,668		8,627		8,652
			Total loans and leases held for investment (excluding covered loans)			108,895		105,038		102,815		100,697		98,540
		Covered loans				3,826		4,211		4,672		5,109		5,342
			Total loans and leases held for investment			112,721		109,249		107,487		105,806		103,882
		Loans held for sale				2,888		2,511		2,916		2,717		1,776
			Total loans and leases			115,609		111,760		110,403		108,523		105,658
				Total earning assets		153,918		152,385		150,494		147,364		141,259
	Nonearning assets					25,388		24,485		23,475		24,132		24,261
	Total assets				$	179,306	$	176,870	$	173,969	$	171,496	$	165,520
Liabilities and Shareholders' Equity
	Deposits
		Noninterest-bearing deposits			$	29,990	$	27,643	$	26,173	$	25,216	$	23,370
		Interest checking				20,157		19,911		19,712		19,467		19,004
		Money market and savings				47,500		46,557		45,667		44,789		42,174
		Certificates and other time deposits				30,727		31,205		32,942		32,290		30,140
		Foreign office deposits - interest-bearing				321		32		112		163		368
			Total deposits			128,695		125,348		124,606		121,925		115,056
	Fed funds purchased, repos and other borrowings					3,478		3,362		3,452		3,727		4,307
	Long-term debt					19,682		22,544		21,720		21,689		22,347
	Other liabilities					7,326		6,879		6,362		6,400		6,259
		Total liabilities				159,181		158,133		156,140		153,741		147,969
	Shareholders' equity					20,125		18,737		17,829		17,755		17,551
	Total liabilities and shareholders' equity				$	179,306	$	176,870	$	173,969	$	171,496	$	165,520
Average balances exclude basis adjustments for fair value hedges.
(1)	Total securities include securities available for sale and securities held to maturity.

12

BB&T Corporation
Average Balances and Rates - Quarters
(Dollars in millions)
					Quarter Ended
					September 30, 2012						June 30, 2012
					(1)		Interest		(2)		(1)		Interest		(2)
					Average		Income/		Yields/		Average		Income/		Yields/
					Balances		Expense		Rates		Balances		Expense		Rates
Assets
	Total securities, at amortized cost (3)
		U.S. government-sponsored entities (GSE)			$	870	$	3	1.43	%	$	848	$	3	1.49	%
		Mortgage-backed securities issued by GSE				30,338		151	2.00			32,176		160	1.98
		States and political subdivisions				1,848		27	5.83			1,857		27	5.85
		Non-agency mortgage-backed securities				325		5	5.55			338		5	5.76
		Other securities				708		3	1.57			704		3	1.58
		Covered securities				1,171		44	15.12			1,191		46	15.62
			Total securities			35,260		233	2.64			37,114		244	2.62
	Other earning assets					3,049		8	1.07			3,511		6	0.69
	Loans and leases
		Commercial loans and leases
			Commercial and industrial			37,516		367	3.89			36,293		366	4.06
			Commercial real estate—other			10,823		104	3.83			10,578		100	3.79
			Commercial real estate—residential ADC			1,534		14	3.78			1,744		16	3.67
		Direct retail lending				15,520		187	4.81			15,071		184	4.90
		Sales finance loans				7,789		75	3.85			7,690		77	4.03
		Revolving credit loans				2,234		47	8.39			2,178		45	8.35
		Residential mortgage loans				23,481		252	4.28			22,114		247	4.47
		Other lending subsidiaries				9,998		271	10.80			9,370		260	11.17
			Total loans and leases held for investment
				(excluding covered loans)		108,895		1,317	4.82			105,038		1,295	4.95
		Covered loans				3,826		175	18.21			4,211		200	19.01
			Total loans and leases held for investment			112,721		1,492	5.27			109,249		1,495	5.50
		Loans held for sale				2,888		25	3.35			2,511		22	3.51
			Total loans and leases			115,609		1,517	5.23			111,760		1,517	5.45
				Total earning assets		153,918		1,758	4.55			152,385		1,767	4.65
	Nonearning assets					25,388						24,485
	Total assets				$	179,306					$	176,870
Liabilities and Shareholders' Equity
	Interest-bearing deposits
		Interest checking			$	20,157		7	0.12		$	19,911		6	0.12
		Money market and savings				47,500		22	0.19			46,557		22	0.19
		Certificates and other time deposits				30,727		76	0.99			31,205		79	1.02
		Foreign office deposits - interest-bearing				321		―	0.12			32		―	0.06
			Total interest-bearing deposits			98,705		105	0.42			97,705		107	0.44
	Fed funds purchased, repos and other borrowings					3,478		3	0.25			3,362		3	0.31
	Long-term debt					19,682		130	2.64			22,544		157	2.79
		Total interest-bearing liabilities				121,865		238	0.78			123,611		267	0.87
	Noninterest-bearing deposits					29,990						27,643
	Other liabilities					7,326						6,879
	Shareholders' equity					20,125						18,737
	Total liabilities and shareholders' equity				$	179,306					$	176,870
	Average interest-rate spread								3.77						3.78
	Net interest income/ net interest margin						$	1,520	3.94	%			$	1,500	3.95	%
	Taxable-equivalent adjustment						$	37					$	38
Applicable ratios are annualized.
(1)	Excludes basis adjustments for fair value hedges.
(2)	Yields are on a fully taxable-equivalent basis.
(3)	Total securities include securities available for sale and securities held to maturity.

13

BB&T Corporation
Average Balances and Rates - Quarters
(Dollars in millions)
					Quarter Ended
					March 31, 2012						December 31, 2011						September 30, 2011
					(1)		Interest		(2)		(1)		Interest		(2)		(1)		Interest		(2)
					Average		Income/		Yields/		Average		Income/		Yields/		Average		Income/		Yields/
					Balances		Expense		Rates		Balances		Expense		Rates		Balances		Expense		Rates
Assets
	Total securities, at amortized cost (3)
		U.S. government-sponsored entities (GSE)			$	820	$	3	1.54	%	$	709	$	2	1.57	%	$	236	$	1	0.88	%
		Mortgage-backed securities issued by GSE				31,742		174	2.20			31,053		164	2.12			27,104		129	1.89
		States and political subdivisions				1,858		27	5.84			1,861		28	5.82			1,864		26	5.78
		Non-agency mortgage-backed securities				411		6	5.98			459		8	7.26			511		9	6.90
		Other securities				532		2	1.64			544		2	1.61			598		2	1.55
		Covered securities				1,226		34	11.02			1,241		43	13.89			1,254		45	14.21
			Total securities			36,589		246	2.70			35,867		247	2.76			31,567		212	2.68
	Other earning assets					3,502		7	0.76			2,974		4	0.57			4,034		6	0.51
	Loans and leases
		Commercial loans and leases
			Commercial and industrial			36,021		362	4.04			35,232		368	4.14			34,280		363	4.21
			Commercial real estate—other			10,678		101	3.81			10,839		105	3.82			11,069		105	3.78
			Commercial real estate—residential ADC			1,989		18	3.58			2,298		20	3.46			2,576		23	3.53
		Direct retail lending				14,712		182	4.98			14,183		183	5.12			13,802		181	5.20
		Sales finance loans				7,516		80	4.27			7,308		84	4.56			7,234		87	4.78
		Revolving credit loans				2,175		46	8.51			2,159		48	8.68			2,109		46	8.77
		Residential mortgage loans				21,056		239	4.54			20,051		232	4.65			18,818		228	4.83
		Other lending subsidiaries				8,668		249	11.53			8,627		247	11.36			8,652		246	11.28
			Total loans and leases held for investment
				(excluding covered loans)		102,815		1,277	4.99			100,697		1,287	5.08			98,540		1,279	5.16
		Covered loans				4,672		224	19.32			5,109		244	18.96			5,342		273	20.29
			Total loans and leases held for investment			107,487		1,501	5.61			105,806		1,531	5.75			103,882		1,552	5.94
		Loans held for sale				2,916		26	3.62			2,717		25	3.71			1,776		18	3.98
			Total loans and leases			110,403		1,527	5.56			108,523		1,556	5.69			105,658		1,570	5.91
				Total earning assets		150,494		1,780	4.75			147,364		1,807	4.88			141,259		1,788	5.03
	Nonearning assets					23,475						24,132						24,261
	Total assets				$	173,969					$	171,496					$	165,520
Liabilities and Shareholders' Equity
	Interest-bearing deposits
		Interest checking			$	19,712		6	0.13		$	19,467		7	0.15		$	19,004		8	0.16
		Money market and savings				45,667		22	0.19			44,789		24	0.21			42,174		30	0.29
		Certificates and other time deposits				32,942		93	1.13			32,290		106	1.30			30,140		112	1.47
		Foreign office deposits - interest-bearing				112		―	0.03			163		―	0.03			368		―	0.04
			Total interest-bearing deposits			98,433		121	0.49			96,709		137	0.56			91,686		150	0.65
	Fed funds purchased, repos and other borrowings					3,452		1	0.23			3,727		2	0.24			4,307		3	0.31
	Long-term debt					21,720		185	3.41			21,689		179	3.28			22,347		181	3.22
		Total interest-bearing liabilities				123,605		307	1.00			122,125		318	1.04			118,340		334	1.12
	Noninterest-bearing deposits					26,173						25,216						23,370
	Other liabilities					6,362						6,400						6,259
	Shareholders' equity					17,829						17,755						17,551
	Total liabilities and shareholders' equity				$	173,969					$	171,496					$	165,520
	Average interest-rate spread								3.75						3.84						3.91
	Net interest income/ net interest margin						$	1,473	3.93	%			$	1,489	4.02	%			$	1,454	4.09	%
	Taxable-equivalent adjustment						$	37					$	37					$	38
Applicable ratios are annualized.
(1)	Excludes basis adjustments for fair value hedges.
(2)	Yields are on a fully taxable-equivalent basis.
(3)	Total securities include securities available for sale and securities held to maturity.

14

BB&T Corporation
Average Balances and Rates - Year-To-Date
(Dollars in millions)
					Year-to-Date
					September 30, 2012						September 30, 2011
					(1)		Interest		(2)		(1)		Interest		(2)
					Average		Income/		Yields/		Average		Income/		Yields/
					Balances		Expense		Rates		Balances		Expense		Rates
Assets
	Total securities, at amortized cost (3)
		U.S. government-sponsored entities (GSE)			$	846	$	9	1.48	%	$	146	$	2	1.45	%
		Mortgage-backed securities issued by GSE				31,415		485	2.06			23,368		308	1.76
		States and political subdivisions				1,854		81	5.84			1,907		81	5.69
		Non-agency mortgage-backed securities				358		16	5.78			551		27	6.56
		Other securities				648		8	1.59			695		8	1.53
		Covered securities				1,196		124	13.89			1,252		125	13.31
			Total securities			36,317		723	2.66			27,919		551	2.65
	Other earning assets					3,352		21	0.83			3,286		16	0.63
	Loans and leases
		Commercial loans and leases
			Commercial and industrial			36,613		1,095	3.99			33,789		1,078	4.27
			Commercial real estate—other			10,694		305	3.81			11,240		320	3.81
			Commercial real estate—residential ADC			1,755		48	3.67			2,928		77	3.53
		Direct retail lending				15,103		553	4.89			13,738		539	5.25
		Sales finance loans				7,665		232	4.05			7,166		268	5.00
		Revolving credit loans				2,196		138	8.42			2,088		137	8.80
		Residential mortgage loans				22,221		738	4.42			18,355		670	4.86
		Other lending subsidiaries				9,348		780	11.15			8,162		706	11.56
			Total loans and leases held for investment
				(excluding covered loans)		105,595		3,889	4.92			97,466		3,795	5.20
		Covered loans				4,235		599	18.89			5,629		809	19.21
			Total loans and leases held for investment			109,830		4,488	5.46			103,095		4,604	5.97
		Loans held for sale				2,772		73	3.49			2,004		57	3.77
			Total loans and leases			112,602		4,561	5.41			105,099		4,661	5.93
				Total earning assets		152,271		5,305	4.65			136,304		5,228	5.12
	Nonearning assets					24,454						23,788
	Total assets				$	176,725					$	160,092
Liabilities and Shareholders' Equity
	Interest-bearing deposits
		Interest checking			$	19,928		19	0.13		$	18,326		23	0.16
		Money market and savings				46,578		66	0.19			40,108		105	0.35
		Certificates and other time deposits				31,620		248	1.05			27,657		347	1.68
		Foreign office deposits - interest-bearing				156		―	0.10			810		(2)	(0.39)
			Total interest-bearing deposits			98,282		333	0.45			86,901		473	0.73
	Fed funds purchased, repos and other borrowings					3,431		7	0.26			5,682		12	0.28
	Long-term debt					21,310		472	2.95			22,448		578	3.44
		Total interest-bearing liabilities				123,023		812	0.88			115,031		1,063	1.23
	Noninterest-bearing deposits					27,943						22,179
	Other liabilities					6,857						5,780
	Shareholders' equity					18,902						17,102
	Total liabilities and shareholders' equity				$	176,725					$	160,092
	Average interest-rate spread								3.77						3.89
	Net interest income/ net interest margin						$	4,493	3.94	%			$	4,165	4.08	%
	Taxable-equivalent adjustment						$	112					$	110
Applicable ratios are annualized.
(1)	Excludes basis adjustments for fair value hedges.
(2)	Yields are on a fully taxable-equivalent basis.
(3)	Total securities include securities available for sale and securities held to maturity.

15

BB&T Corporation
Credit Quality
(Dollars in millions)
				As of
				Sept. 30		June 30		March 31		Dec. 31		Sept. 30
				2012		2012		2012		2011		2011
Nonperforming assets (1)
	Nonaccrual loans and leases
		Commercial loans and leases
			Commercial and industrial	$	597	$	620	$	685	$	582	$	579
			Commercial real estate—other		259		301		312		394		438
			Commercial real estate—residential ADC		204		241		312		376		428
		Direct retail lending			134		133		139		142		151
		Sales finance loans			7		13		15		7		7
		Residential mortgage loans			266		263		320		308		298
		Other lending subsidiaries			73		76		60		63		56
			Total nonaccrual loans and leases held for investment		1,540		1,647		1,843		1,872		1,957
	Loans held for sale				―		―		―		―		26
			Total nonaccrual loans and leases		1,540		1,647		1,843		1,872		1,983
	Foreclosed real estate (2)				139		221		378		536		950
	Other foreclosed property				39		29		35		42		36
			Total nonperforming assets (excluding covered assets) (2)	$	1,718	$	1,897	$	2,256	$	2,450	$	2,969
Performing troubled debt restructurings (TDRs) (3)
		Commercial loans and leases
			Commercial and industrial	$	66	$	62	$	76	$	74	$	64
			Commercial real estate—other		75		78		82		117		124
			Commercial real estate—residential ADC		25		28		30		44		55
		Direct retail lending			120		114		117		146		141
		Sales finance loans			7		7		7		8		6
		Revolving credit loans			58		58		61		62		63
		Residential mortgage loans (6)			646		636		589		608		568
		Other lending subsidiaries			77		69		53		50		46
			Total performing TDRs (6)	$	1,074	$	1,052	$	1,015	$	1,109	$	1,067
Loans 90 days or more past due and still accruing
		Commercial loans and leases
			Commercial and industrial	$	1	$	2	$	2	$	2	$	1
			Commercial real estate—other		―		―		1		―		2
		Direct retail lending			41		39		49		56		54
		Sales finance loans			11		11		13		18		19
		Revolving credit loans			14		13		14		17		15
		Residential mortgage loans (7)(9)			80		78		72		104		91
		Other lending subsidiaries			5		4		6		5		5
			Total loans 90 days past due and still accruing (excluding covered loans) (4)(7)(9)	$	152	$	147	$	157	$	202	$	187
Loans 30-89 days past due
		Commercial loans and leases
			Commercial and industrial	$	41	$	53	$	62	$	85	$	76
			Commercial real estate—other		9		16		26		22		27
			Commercial real estate—residential ADC		8		9		8		14		27
		Direct retail lending			136		119		135		162		149
		Sales finance loans			53		49		50		75		67
		Revolving credit loans			21		20		20		22		23
		Residential mortgage loans (8)(10)			501		423		397		479		445
		Other lending subsidiaries			259		218		172		273		243
			Total loans 30-89 days past due (excluding covered loans) (5)(8)(10)	$	1,028	$	907	$	870	$	1,132	$	1,057
(1)	Covered loans are considered to be performing due to the application of the accretion method. Covered loans that are contractually past due are noted in the footnotes below.
(2)	Excludes foreclosed real estate totaling $289 million, $310 million, $364 million, $378 million and $355 million at September 30, 2012, June 30, 2012, March 31, 2012, December 31, 2011 and September 30, 2011, respectively, that are covered by FDIC loss sharing agreements.
(3)	Excludes TDRs that are nonperforming totaling $225 million, $219 million, $263 million, $280 million and $319 million at September 30, 2012, June 30, 2012, March 31, 2012, December 31, 2011 and September 30, 2011, respectively. These amounts are included in total nonperforming assets.
(4)	Excludes loans past due 90 days or more that are covered by FDIC loss sharing agreements totaling $476 million, $613 million, $677 million, $736 million and $872 million at September 30, 2012, June 30, 2012, March 31, 2012, December 31, 2011 and September 30, 2011, respectively.
(5)	Excludes loans past due 30-89 days that are covered by FDIC loss sharing agreements totaling $173 million, $199 million, $258 million, $222 million and $211 million at September 30, 2012, June 30, 2012, March 31, 2012, December 31, 2011 and September 30, 2011, respectively.
(6)	Excludes restructured mortgage loans that are government guaranteed totaling $275 million, $266 million, $242 million, $236 million, and $214 million at September 30, 2012, June 30, 2012, March 31, 2012, December 31, 2011 and September 30, 2011, respectively. Includes restructured mortgage loans held for sale.
(7)	Excludes mortgage loans past due 90 days or more that are government guaranteed totaling $233 million, $217 million, $218 million, $206 million and $185 million at September 30, 2012, June 30, 2012, March 31, 2012, December 31, 2011 and September 30, 2011, respectively. Includes past due mortgage loans held for sale.
(8)	Excludes mortgage loans past due 30-89 days that are government guaranteed totaling $95 million, $94 million, $82 million, $91 million and $82 million at September 30, 2012, June 30, 2012, March 31, 2012, December 31, 2011 and September 30, 2011, respectively. Includes past due mortgage loans held for sale.
(9)	Excludes mortgage loans guaranteed by GNMA that BB&T does not have the obligation to repurchase that are past due 90 days or more totaling $499 million, $453 million, $439 million, $426 million and $389 million at September 30, 2012, June 30, 2012, March 31, 2012, December 31, 2011 and September 30, 2011, respectively.
(10)	Excludes mortgage loans guaranteed by GNMA that BB&T does not have the obligation to repurchase that are past due 30-89 days totaling $6 million, $5 million, $5 million, $7 million and $7 million at September 30, 2012, June 30, 2012, March 31, 2012, December 31 2011 and September 30, 2011, respectively.

16

BB&T Corporation
Credit Quality
(Dollars in millions)
				As of/For the Quarter Ended
				Sept. 30		June 30		March 31		Dec. 31		Sept. 30
				2012		2012		2012		2011		2011
Allowance for credit losses
	Beginning balance			$	2,157	$	2,221	$	2,285	$	2,406	$	2,575
	Provision for credit losses (excluding covered loans)				244		259		285		223		243
	Provision for covered loans				―		14		3		49		7
	Charge-offs
		Commercial loans and leases
			Commercial and industrial		(84)		(92)		(63)		(81)		(102)
			Commercial real estate—other		(40)		(51)		(73)		(60)		(64)
			Commercial real estate—residential ADC		(35)		(74)		(54)		(92)		(61)
		Direct retail lending			(57)		(56)		(57)		(58)		(74)
		Sales finance loans			(5)		(7)		(7)		(8)		(7)
		Revolving credit loans			(20)		(20)		(22)		(21)		(23)
		Residential mortgage loans (1)			(35)		(30)		(42)		(45)		(41)
		Other lending subsidiaries			(58)		(47)		(60)		(53)		(42)
		Covered loans			(2)		(12)		(15)		(13)		(53)
			Total charge-offs		(336)		(389)		(393)		(431)		(467)
	Recoveries
		Commercial loans and leases
			Commercial and industrial		4		4		4		6		9
			Commercial real estate—other		3		3		3		3		6
			Commercial real estate—residential ADC		2		23		8		5		9
		Direct retail lending			9		8		10		10		10
		Sales finance loans			2		2		3		2		2
		Revolving credit loans			5		4		5		5		4
		Residential mortgage loans			―		1		1		2		1
		Other lending subsidiaries			6		7		7		5		7
			Total recoveries		31		52		41		38		48
	Net charge-offs				(305)		(337)		(352)		(393)		(419)
	Ending balance			$	2,096	$	2,157	$	2,221	$	2,285	$	2,406
Allowance for credit losses
	Allowance for loan and lease losses (excluding covered loans)			$	1,914	$	1,987	$	2,044	$	2,107	$	2,242
	Allowance for covered loans				137		139		137		149		113
	Reserve for unfunded lending commitments				45		31		40		29		51
		Total		$	2,096	$	2,157	$	2,221	$	2,285	$	2,406
											As of/For the
											Nine Months Ended
											September 30
											2012		2011
Allowance for credit losses
	Beginning balance									$	2,285	$	2,755
	Provision for credit losses (excluding covered loans)										788		896
	Provision for covered loans										17		22
	Charge-offs
		Commercial loans and leases
			Commercial and industrial								(239)		(242)
			Commercial real estate—other								(164)		(213)
			Commercial real estate—residential ADC								(163)		(210)
		Direct retail lending									(170)		(218)
		Sales finance loans									(19)		(24)
		Revolving credit loans									(62)		(74)
		Residential mortgage loans (1)									(107)		(224)
		Other lending subsidiaries									(165)		(137)
		Covered loans									(29)		(53)
			Total charge-offs								(1,118)		(1,395)
	Recoveries
		Commercial loans and leases
			Commercial and industrial								12		22
			Commercial real estate—other								9		15
			Commercial real estate—residential ADC								33		20
		Direct retail lending									27		27
		Sales finance loans									7		7
		Revolving credit loans									14		14
		Residential mortgage loans									2		3
		Other lending subsidiaries									20		20
			Total recoveries								124		128
	Net charge-offs										(994)		(1,267)
	Ending balance									$	2,096	$	2,406
(1)	Includes charge-offs of $87 million in the second quarter of 2011 in connection with BB&T's NPL disposition strategy.

17

BB&T Corporation
Credit Quality
			As of/For the Quarter Ended
			Sept. 30		June 30		March 31		Dec. 31		Sept. 30
			2012		2012		2012		2011		2011
Asset Quality Ratios (including covered assets)
	Loans 30-89 days past due and still accruing as a
		percentage of total loans and leases (1)(2)	1.02	%	0.97	%	1.02	%	1.22	%	1.18	%
	Loans 90 days or more past due and still accruing
		as a percentage of total loans and leases (1)(2)	0.53		0.67		0.75		0.84		0.99
	Nonperforming loans and leases as a
		percentage of total loans and leases	1.31		1.45		1.67		1.68		1.85
	Nonperforming assets as a percentage of:
		Total assets	1.10		1.24		1.50		1.62		1.98
		Loans and leases plus foreclosed property	1.70		1.93		2.35		2.52		3.05
	Net charge-offs as a percentage of average loans and leases		1.05		1.21		1.28		1.44		1.57
	Allowance for loan and lease losses as a percentage of
		loans and leases held for investment	1.80		1.91		2.02		2.10		2.25
	Ratio of allowance for loan and lease losses to:
		Net charge-offs	1.69	X	1.57	X	1.54	X	1.45	X	1.42	X
		Nonperforming loans and leases held for investment	1.33		1.29		1.18		1.21		1.20
Asset Quality Ratios (excluding covered assets) (3)
	Loans 30-89 days past due and still accruing as a
		percentage of total loans and leases (1)(2)	0.90	%	0.83	%	0.82	%	1.06	%	1.03	%
	Loans 90 days or more past due and still accruing
		as a percentage of total loans and leases (1)(2)	0.13		0.13		0.15		0.19		0.18
	Nonperforming loans and leases as a
		percentage of total loans and leases	1.35		1.50		1.74		1.76		1.94
	Nonperforming assets as a percentage of:
		Total assets	0.97		1.09		1.33		1.45		1.83
		Loans and leases plus foreclosed property	1.51		1.72		2.12		2.29		2.88
	Net charge-offs as a percentage of average loans and leases		1.08		1.22		1.28		1.46		1.44
	Allowance for loan and lease losses as a percentage of
		loans and leases held for investment	1.73		1.86		1.97		2.05		2.25
	Ratio of allowance for loan and lease losses to:
		Net charge-offs	1.59	X	1.52	X	1.51	X	1.40	X	1.55	X
		Nonperforming loans and leases held for investment	1.24		1.21		1.11		1.13		1.15
									As of/For the
									Nine Months Ended
									September 30
									2012		2011
Asset Quality Ratios
	Including covered loans:
		Net charge-offs as a percentage of average loans and leases							1.18	%	1.61	%
		Ratio of allowance for loan and lease losses to net charge-offs							1.54	X	1.39	X
	Excluding covered loans:
		Net charge-offs as a percentage of average loans and leases (4)							1.19	%	1.63	%
		Ratio of allowance for loan and lease losses to net charge-offs							1.49	X	1.38	X
Applicable ratios are annualized.
(1)	Excludes mortgage loans guaranteed by GNMA that BB&T does not have the obligation to repurchase. Refer to the footnotes on page 16 of this supplement for amounts related to these loans.
(2)	Excludes mortgage loans guaranteed by the government. Refer to the footnotes on page 16 of this supplement for amounts related to these loans.
(3)	These asset quality ratios have been adjusted to remove the impact of covered loans and covered foreclosed property.  Appropriate adjustments to the numerator and denominator have been reflected in the calculation of these ratios.  Management believes the inclusion of covered loans in certain asset quality ratios that include nonperforming assets, past due loans or net charge-offs in the numerator or denominator results in distortion of these ratios and they may not be comparable to other periods presented or to other portfolios that were not impacted by purchase accounting.
(4)	Excluding the impact of losses and balances associated with BB&T's NPL disposition strategy, the adjusted net charge-offs ratio would have been 1.52% for the nine months ended September 30, 2011.

18

BB&T Corporation
Credit Quality - Supplemental Information
(Dollars in millions)
			As of September 30, 2012
							Past Due 30-89				Past Due 90+
			Current Status				Days				Days				Total
Performing restructurings: (1)
	Commercial loans
		Commercial and industrial	$	66	100.0	%	$	―	―	%	$	―	―	%	$	66
		Commercial real estate—other		74	98.7			1	1.3			―	―			75
		Commercial real estate—residential ADC		24	96.0			1	4.0			―	―			25
	Direct retail lending			114	95.0			5	4.2			1	0.8			120
	Sales finance loans			6	85.7			―	―			1	14.3			7
	Revolving credit loans			46	79.4			6	10.3			6	10.3			58
	Residential mortgage loans (2)			543	84.1			93	14.4			10	1.5			646
	Other lending subsidiaries			68	88.3			9	11.7			―	―			77
		Total performing restructurings		941	87.6			115	10.7			18	1.7			1,074
Nonperforming restructurings (3)				71	31.5			31	13.8			123	54.7			225
		Total restructurings (2)	$	1,012	77.9	%	$	146	11.2	%	$	141	10.9	%	$	1,299

		Quarter Ended
		Sept. 30		June 30		March 31		Dec. 31		Sept. 30
		2012		2012		2012		2011		2011
Net charge-offs as a percentage of
	average loans and leases:
Commercial loans and leases
	Commercial and industrial	0.85	%	0.97	%	0.66	%	0.84	%	1.08	%
	Commercial real estate—other	1.37		1.84		2.64		2.11		2.09
	Commercial real estate—residential ADC	8.40		11.74		9.37		14.84		8.06
Direct retail lending		1.24		1.27		1.28		1.36		1.83
Sales finance loans		0.16		0.24		0.23		0.34		0.28
Revolving credit loans		2.63		3.05		3.12		3.13		3.30
Residential mortgage loans		0.59		0.53		0.78		0.86		0.84
Other lending subsidiaries		2.04		1.74		2.45		2.16		1.61
Covered loans		0.28		1.11		1.29		0.99		3.97
Total loans and leases (4)		1.05		1.21		1.28		1.44		1.57
Total loans and leases, excluding covered loans (4)		1.08		1.22		1.28		1.46		1.44
								Year-to-date
								Sept. 30		Sept. 30
								2012		2011
Net charge-offs as a percentage of
	average loans and leases:
Commercial loans and leases
	Commercial and industrial							0.83	%	0.87	%
	Commercial real estate—other							1.95		2.35
	Commercial real estate—residential ADC							9.87		8.69
Direct retail lending								1.26		1.86
Sales finance loans								0.21		0.31
Revolving credit loans								2.93		3.79
Residential mortgage loans								0.63		1.61
Other lending subsidiaries								2.07		1.93
Covered loans								0.92		1.27
Total loans and leases (4)								1.18		1.61
Total loans and leases, excluding covered loans (4)								1.19		1.63
Applicable ratios are annualized.
(1)	Past due performing restructurings are included in past due disclosures.
(2)	Excludes restructured mortgage loans that are government guaranteed totaling $275 million.
(3)	Nonperforming restructurings are included in nonaccrual loan disclosures.
(4)	Total loans and leases includes loans held for sale

19

BB&T Corporation
Capital Information - Five Quarter Trend
(Dollars in millions, except per share data, shares in thousands)
				As of / Quarter Ended
			Sept. 30			June 30			March 31			Dec. 31			Sept. 30
			2012			2012			2012			2011			2011
Selected Capital Information (1)
	Risk-based capital
		Tier 1	$	13,590		$	12,383		$	15,207		$	14,913		$	14,696
		Total		17,533			16,433			19,342			18,802			18,837
	Risk-weighted assets (2)			125,164			121,922			119,042			119,725			117,020
	Average quarterly tangible assets			172,074			170,042			167,771			165,349			159,268
	Risk-based capital ratios
		Tier 1		10.9	%		10.2	%		12.8	%		12.5	%		12.6	%
		Total		14.0			13.5			16.2			15.7			16.1
	Leverage capital ratio			7.9			7.3			9.1			9.0			9.2
	Equity as a percentage of total assets			11.3			10.6			10.2			10.0			10.5
	Book value per common share		$	26.88		$	26.19		$	25.51		$	24.98		$	25.07
Selected non-GAAP Capital Information (3)
	Tangible common equity as a percentage of tangible assets			6.8	%		6.9	%		7.1	%		6.9	%		7.1	%
	Tier 1 common equity as a percentage of risk-weighted assets			9.5			9.7			10.0			9.7			9.8
	Tangible book value per common share		$	17.02		$	16.92		$	17.12		$	16.73		$	16.42
Calculations of Tier 1 common equity and tangible assets and related measures:
Tier 1 equity			$	13,590		$	12,383		$	15,207		$	14,913		$	14,696
Less:
	Preferred stock			1,679			559			―			―			―
	Qualifying restricted core capital elements			5			―			3,250			3,250			3,249
Tier 1 common equity			$	11,906		$	11,824		$	11,957		$	11,663		$	11,447
Total assets			$	182,021		$	178,529		$	174,752		$	174,579		$	167,677
Less:
	Intangible assets, net of deferred taxes			7,239			6,950			6,402			6,406			6,330
Plus:
	Regulatory adjustments, net of deferred taxes			81			239			327			421			99
Tangible assets			$	174,863		$	171,818		$	168,677		$	168,594		$	161,446
Total risk-weighted assets (2)			$	125,164		$	121,922		$	119,042		$	119,725		$	117,020
Tangible common equity as a percentage of tangible assets				6.8	%		6.9	%		7.1	%		6.9	%		7.1	%
Tier 1 common equity as a percentage of risk-weighted assets				9.5			9.7			10.0			9.7			9.8
Tier 1 common equity			$	11,906		$	11,824		$	11,957		$	11,663		$	11,447
Outstanding shares at end of period (in thousands)				699,541			698,795			698,454			697,143			697,101
Tangible book value per common share			$	17.02		$	16.92		$	17.12		$	16.73		$	16.42
(1)	Current quarter regulatory capital information is preliminary.
(2)	Risk-weighted assets are determined based on regulatory capital requirements.  Under the regulatory framework for determining risk-weighted assets each asset class is assigned a risk-weighting of 0%, 20%, 50% or 100% based on the underlying risk of the specific asset class.  In addition, off-balance sheet exposures are first converted to a balance sheet equivalent amount and subsequently assigned to one of the four risk-weightings.
(3)	Tangible common equity and Tier 1 common equity ratios are non-GAAP measures.  BB&T uses the Tier 1 common equity definition used in the SCAP assessment to calculate these ratios.  BB&T's management uses these measures to assess the quality of capital and believes that investors may find them useful in their analysis of the Corporation.  These capital measures are not necessarily comparable to similar capital measures that may be presented by other companies.

20

BB&T Corporation
Selected Items & Additional Information
(Dollars in millions, except per share data)
													Favorable (Unfavorable)
Selected Items													Pre-Tax			After-Tax
Third Quarter 2012
	Mortgage repurchase expense adjustments (1)			Loan processing expenses									$	28		$	17
Second Quarter 2012
	Leveraged lease tax benefit			Provision for income taxes										N/A			12
First Quarter 2012
	Tax related items, net (2)			Other noninterest income										(42)			(50)
	Leveraged lease write-downs			Other noninterest expense										(15)			(10)
Fourth Quarter 2011
	Losses/write-downs related to NPL disposition strategy			Other noninterest income										(11)			(7)
	VISA indemnification			Other noninterest expense										(11)			(7)
Third Quarter 2011
	Losses/write-downs related to NPL disposition strategy			Other noninterest income										(37)			(23)
	Leveraged lease sale			Other noninterest expense										(16)			10
Second Quarter 2011
	Losses/write-downs related to NPL disposition strategy			Other noninterest income										(27)			(17)
First Quarter 2011
	Losses/write-downs related to NPL disposition strategy			Other noninterest income										(74)			(46)
				As of / Quarter Ended
				Sept. 30			June 30			March 31			Dec. 31			Sept. 30
				2012			2012			2012			2011			2011
Selected Mortgage Banking Information
	Income statement impact of mortgage servicing rights valuation
		MSRs fair value increase (decrease)		$	(29)		$	(132)		$	93		$	(23)		$	(299)
		MSRs hedge gains (losses)			49			152			(53)			45			329
			Net	$	20		$	20		$	40		$	22		$	30
	Residential mortgage loan originations			$	8,234		$	8,045		$	8,250		$	8,424		$	5,549
	Residential mortgage servicing portfolio (3)
		Loans serviced for others			72,343			71,389			70,318			67,066			66,305
		Bank-owned loans serviced			27,194			26,171			24,308			24,574			22,413
			Total servicing portfolio		99,537			97,560			94,626			91,640			88,718
	Weighted-average coupon rate				4.71	%		4.81	%		4.89	%		5.02	%		5.10	%
	Weighted-average servicing fee				0.322			0.327			0.332			0.338			0.341
Selected Miscellaneous Information
	Derivatives notional amount			$	81,407		$	76,989		$	69,059		$	67,581		$	67,403
	Fair value of derivatives				(47)			(52)			(78)			19			207
	Accumulated comprehensive income related to securities,
		net of tax (4)			357			216			134			50			159
	Common stock prices
		High			34.37			32.74			31.94			25.57			27.36
		Low			30.41			27.40			25.26			19.76			18.92
		End of period			33.16			30.85			31.39			25.17			21.33
	Banking offices				1,851			1,774			1,773			1,779			1,780
	ATMs				2,531			2,511			2,436			2,483			2,484
	FTEs				34,006			32,998			31,185			31,774			31,684
(1)	Related to better identification of unrecoverable costs associated with investor-owned loans.
(2)	Includes write-downs of investments in affordable housing and other tax adjustments.
(3)	Amounts reported are unpaid principal balance.
(4)	Includes the impact of the FDIC loss sharing agreements on the covered securities.

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BB&T Corporation
Non-GAAP Reconciliations
(Dollars in millions)
		Quarter Ended
		Sept. 30		June 30		March 31		Dec. 31		Sept. 30
Efficiency and Fee Income Ratios (1)		2012		2012		2012		2011		2011
Efficiency ratio - GAAP		61.6	%	57.9	%	59.0	%	67.1	%	66.1	%
	Effect of securities gains (losses), net	―		―		(0.2)		2.4		(1.0)
	Effect of merger-related and restructuring charges, net	(1.7)		(0.1)		(0.5)		(0.7)		―
	Effect of losses/write-downs on NPL disposition loans	―		―		―		(0.2)		(0.9)
	Effect of mortgage repurchase expense adjustments	(1.1)		―		―		―		―
	Effect of FDIC loss share accounting	―		0.2		0.1		0.9		0.1
	Effect of affordable housing investments write-down	―		―		(1.0)		―		―
	Effect of foreclosed property expense	(2.2)		(2.9)		(3.9)		(14.5)		(7.8)
	Effect of leveraged lease sale/write-downs	―		―		(0.6)		―		(0.8)
	Effect of VISA indemnification	―		―		―		(0.5)		―
	Effect of amortization of intangibles	(1.4)		(1.2)		(0.9)		(1.0)		(1.1)
Efficiency ratio - reported		55.2		53.9		52.0		53.5		54.6
Fee income ratio - GAAP		38.8	%	39.2	%	37.1	%	38.2	%	32.2	%
	Effect of securities gains (losses), net	―		―		0.2		(2.7)		1.1
	Effect of losses/write-downs on NPL disposition loans	―		―		―		0.3		1.1
	Effect of affordable housing investments write-down	―		―		1.1		―		―
	Effect of FDIC loss share accounting	3.6		3.2		2.6		2.6		4.9
Fee income ratio - reported		42.4		42.4		41.0		38.4		39.3
								Year-to-Date Sept. 30
								2012		2011
Efficiency ratio - GAAP								59.5	%	65.8	%
	Effect of securities gains (losses), net							(0.1)		(0.4)
	Effect of merger-related and restructuring charges, net							(0.8)		―
	Effect of losses/write-downs on NPL disposition loans							―		(1.2)
	Effect of mortgage repurchase expense adjustments							(0.1)		―
	Effect of FDIC loss share accounting							0.1		0.2
	Effect of affordable housing investments write-down							(0.3)		―
	Effect of foreclosed property expense							(3.0)		(7.1)
	Effect of leveraged lease sale/write-downs							(0.2)		(0.3)
	Effect of amortization of intangibles							(1.1)		(1.2)
Efficiency ratio - reported								54.0		55.8
Fee income ratio - GAAP								38.4	%	34.5	%
	Effect of securities gains (losses), net							0.1		0.4
	Effect of losses/write-downs on NPL disposition loans							―		1.3
	Effect of affordable housing investments write-down							0.3		―
	Effect of FDIC loss share accounting							3.2		3.9
Fee income ratio - reported								42.0		40.1

			Quarter Ended
		Sept. 30			June 30			March 31			Dec. 31			Sept. 30
Return on Average Tangible Common Shareholders' Equity (2)		2012			2012			2012			2011			2011
Net income available to common shareholders		$	469		$	510		$	431		$	391		$	366
Plus:
	Amortization of intangibles, net of tax		19			18			14			15			15
Tangible net income available to common shareholders		$	488		$	528		$	445		$	406		$	381
Average common shareholders' equity		$	18,757		$	18,302		$	17,772		$	17,693		$	17,490
Less:
	Average intangible assets		7,341			7,031			6,510			6,485			6,461
Average tangible common shareholders' equity		$	11,416		$	11,271		$	11,262		$	11,208		$	11,029
Return on average tangible common shareholders' equity			17.01	%		18.85	%		15.88	%		14.36	%		13.71	%
											Year-to-Date Sept. 30
											2012			2011
Net income available to common shareholders											$	1,410		$	898
Plus:
	Amortization of intangibles, net of tax											51			47
Tangible net income available to common shareholders											$	1,461		$	945
Average common shareholders' equity											$	18,279		$	17,044
Less:
	Average intangible assets											6,963			6,484
Average tangible common shareholders' equity											$	11,316		$	10,560
Return on average tangible common shareholders' equity												17.25	%		11.97	%
(1)	BB&T's management uses these measures in their analysis of the Corporation's performance.  BB&T's management believes these measures provide a greater understanding of ongoing operations and enhance comparability of results with prior periods, as well as demonstrating the effects of significant gains and charges.
(2)	BB&T's management believes investors use this measure to evaluate the return on average common shareholders' equity without the impact of intangible assets and their related amortization.

22