Operating Segments (Tables)

6 Months Ended

Jun. 30, 2013

Operating Segments

Schedule of Selected Financial Information Regarding Reportable Business Segments

Three Months Ended June 30, 2013 and 2012
		Community				Residential				Dealer				Specialized
		Banking				Mortgage Banking				Financial Services				Lending
		2013		2012		2013		2012		2013		2012		2013		2012
		(Dollars in millions)
Net interest income (expense)		$	532	$	516	$	294	$	286	$	210	$	210	$	178	$	174
Net intersegment interest income (expense)			277		326		(185)		(192)		(38)		(50)		(31)		(37)
Segment net interest income			809		842		109		94		172		160		147		137
Allocated provision for loan and lease losses			110		189		29		38		42		27		27		23
Noninterest income			300		279		151		162		1		2		56		52
Intersegment net referral fees (expense)			45		45		―		―		―		―		―		―
Noninterest expense			448		446		88		92		28		24		65		58
Amortization of intangibles			9		10		―		―		―		―		2		2
Allocated corporate expenses			258		255		17		13		8		10		16		19
Income (loss) before income taxes			329		266		126		113		95		101		93		87
Provision (benefit) for income taxes			120		97		48		43		36		38		25		20
Segment net income (loss)		$	209	$	169	$	78	$	70	$	59	$	63	$	68	$	67
Identifiable segment assets (period end)		$	62,998	$	60,961	$	28,345	$	27,318	$	11,188	$	10,303	$	18,892	$	18,140
										Other, Treasury				Total BB&T
		Insurance Services				Financial Services				and Corporate (1)				Corporation
		2013		2012		2013		2012		2013		2012		2013		2012
		(Dollars in millions)
Net interest income (expense)		$	1	$	―	$	40	$	33	$	160	$	243	$	1,415	$	1,462
Net intersegment interest income (expense)			2		1		74		82		(99)		(130)		―		―
Segment net interest income			3		1		114		115		61		113		1,415		1,462
Allocated provision for loan and lease losses			―		―		14		(8)		(54)		4		168		273
Noninterest income			427		393		183		170		(72)		(92)		1,046		966
Intersegment net referral fees (expense)			―		―		11		6		(56)		(51)		―		―
Noninterest expense			292		260		155		172		393		345		1,469		1,397
Amortization of intangibles			16		17		―		1		―		(1)		27		29
Allocated corporate expenses			22		20		26		23		(347)		(340)		―		―
Income (loss) before income taxes			100		97		113		103		(59)		(38)		797		729
Provision (benefit) for income taxes			34		31		42		38		(84)		(76)		221		191
Segment net income (loss)		$	66	$	66	$	71	$	65	$	25	$	38	$	576	$	538
Identifiable segment assets (period end)		$	3,164	$	3,299	$	10,425	$	8,312	$	47,723	$	50,196	$	182,735	$	178,529
(1)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.

Six Months Ended June 30, 2013 and 2012
		Community				Residential				Dealer				Specialized
		Banking				Mortgage Banking				Financial Services				Lending
		2013		2012		2013		2012		2013		2012		2013		2012
			(Dollars in millions)
Net interest income (expense)		$	1,056	$	1,022	$	593	$	564	$	415	$	420	$	352	$	341
Net intersegment interest income (expense)			567		666		(376)		(381)		(80)		(104)		(62)		(75)
Segment net interest income			1,623		1,688		217		183		335		316		290		266
Allocated provision for loan and lease losses			192		443		46		16		109		54		78		49
Noninterest income			578		547		312		357		3		4		110		105
Intersegment net referral fees (expense)			94		85		―		(1)		―		―		―		―
Noninterest expense			877		932		158		177		54		50		128		123
Amortization of intangibles			19		19		―		―		―		―		3		3
Allocated corporate expenses			516		512		33		27		15		19		32		38
Income (loss) before income taxes			691		414		292		319		160		197		159		158
Provision (benefit) for income taxes			253		149		111		121		61		75		38		34
Segment net income (loss)		$	438	$	265	$	181	$	198	$	99	$	122	$	121	$	124
Identifiable segment assets (period end)		$	62,998	$	60,961	$	28,345	$	27,318	$	11,188	$	10,303	$	18,892	$	18,140
										Other, Treasury				Total BB&T
		Insurance Services				Financial Services				and Corporate (1)				Corporation
		2013		2012		2013		2012		2013		2012		2013		2012
		(Dollars in millions)
Net interest income (expense)		$	2	$	1	$	74	$	63	$	345	$	487	$	2,837	$	2,898
Net intersegment interest income (expense)			3		2		154		164		(206)		(272)		―		―
Segment net interest income			5		3		228		227		139		215		2,837		2,898
Allocated provision for loan and lease losses			―		―		23		8		(8)		(9)		440		561
Noninterest income			793		663		359		348		(108)		(187)		2,047		1,837
Intersegment net referral fees (expense)			―		―		19		12		(113)		(96)		―		―
Noninterest expense			580		472		307		326		752		680		2,856		2,760
Amortization of intangibles			31		27		1		2		―		―		54		51
Allocated corporate expenses			45		39		50		45		(691)		(680)		―		―
Income (loss) before income taxes			142		128		225		206		(135)		(59)		1,534		1,363
Provision (benefit) for income taxes			46		39		84		77		109		(115)		702		380
Segment net income (loss)		$	96	$	89	$	141	$	129	$	(244)	$	56	$	832	$	983
Identifiable segment assets (period end)		$	3,164	$	3,299	$	10,425	$	8,312	$	47,723	$	50,196	$	182,735	$	178,529
(1)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.