Operating Segments (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of Selected Financial Information Regarding Reportable Business Segments

BB&T Corporation
Reportable Segments - Before Realignment
Years Ended December 31, 2013, 2012 and 2011

		Community Banking						Residential Mortgage Banking						Dealer Financial Services						Specialized Lending
		2013		2012		2011		2013		2012		2011		2013		2012		2011		2013		2012		2011

			(Dollars in millions)
Net interest income (expense)		$	2,129	$	2,084	$	1,937	$	1,168	$	1,149	$	1,024	$	834	$	844	$	852	$	678	$	701	$	636
Net intersegment interest income (expense)			1,085		1,293		1,579		(747)		(772)		(734)		(159)		(196)		(270)		(126)		(139)		(171)
Segment net interest income			3,214		3,377		3,516		421		377		290		675		648		582		552		562		465

Allocated provision for loan and lease losses			246		665		589		34		95		320		214		164		125		85		135		72
Noninterest income			1,202		1,136		1,031		484		754		351		4		7		7		231		229		211
Intersegment net referral fees (expense)			160		178		121		(1)		―		―		―		―		―		―		―		―
Noninterest expense			1,701		1,827		2,356		344		389		297		108		101		90		255		259		233
Amortization of intangibles			36		37		47		―		―		―		―		1		1		5		5		6
Allocated corporate expenses			1,040		1,026		901		68		55		48		29		36		37		66		79		72
Income (loss) before income taxes			1,553		1,136		775		458		592		(24)		328		353		336		372		313		293
Provision (benefit) for income taxes			571		414		278		174		225		(9)		125		135		127		97		69		58
Segment net income (loss)		$	982	$	722	$	497	$	284	$	367	$	(15)	$	203	$	218	$	209	$	275	$	244	$	235

Identifiable segment assets (period end)		$	63,145	$	62,821	$	59,167	$	27,664	$	29,503	$	25,614	$	11,526	$	10,264	$	9,874	$	17,629	$	18,907	$	16,773

		Insurance Services						Financial Services						Other, Treasury and Corporate (1)						Total BB&T Corporation
		2013		2012		2011		2013		2012		2011		2013		2012		2011		2013		2012		2011

		(Dollars in millions)
Net interest income (expense)		$	3	$	3	$	2	$	150	$	123	$	108	$	654	$	953	$	948	$	5,616	$	5,857	$	5,507
Net intersegment interest income (expense)			6		4		5		297		326		250		(356)		(516)		(659)		―		―		―
Segment net interest income			9		7		7		447		449		358		298		437		289		5,616		5,857		5,507

Allocated provision for loan and lease losses			―		―		―		19		13		(1)		(6)		(15)		85		592		1,057		1,190
Noninterest income			1,535		1,365		1,041		743		719		683		(262)		(390)		(211)		3,937		3,820		3,113
Intersegment net referral fees (expense)			―		―		―		36		39		30		(195)		(217)		(151)		―		―		―
Noninterest expense			1,135		1,016		786		617		643		575		1,571		1,483		1,366		5,731		5,718		5,703
Amortization of intangibles			61		61		42		3		3		3		1		3		―		106		110		99
Allocated corporate expenses			96		82		72		99		93		74		(1,398)		(1,371)		(1,204)		―		―		―
Income (loss) before income taxes			252		213		148		488		455		420		(327)		(270)		(320)		3,124		2,792		1,628
Provision (benefit) for income taxes			85		70		46		183		171		156		160		(320)		(360)		1,395		764		296
Segment net income (loss)		$	167	$	143	$	102	$	305	$	284	$	264	$	(487)	$	50	$	40	$	1,729	$	2,028	$	1,332

Identifiable segment assets (period end)		$	2,990	$	3,297	$	2,350	$	10,434	$	9,283	$	7,497	$	49,622	$	50,424	$	53,736	$	183,010	$	184,499	$	175,011


(1)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.

BB&T Corporation
Reportable Segments - After Realignment
Years Ended December 31, 2013, 2012 and 2011

		Community Banking						Residential Mortgage Banking						Dealer Financial Services						Specialized Lending
		2013		2012		2011		2013		2012		2011		2013		2012		2011		2013		2012		2011

		(Dollars in millions)
Net interest income (expense)		$	1,712	$	1,669	$	1,555	$	1,585	$	1,564	$	1,406	$	834	$	844	$	852	$	678	$	701	$	636
Net intersegment interest income (expense)			1,341		1,565		1,844		(1,003)		(1,044)		(999)		(159)		(196)		(270)		(126)		(139)		(171)
Segment net interest income			3,053		3,234		3,399		582		520		407		675		648		582		552		562		465

Allocated provision for loan and lease losses			276		586		529		4		174		380		214		164		125		85		135		72
Noninterest income			1,202		1,135		1,031		484		755		351		4		7		7		231		229		211
Intersegment net referral fees (expense)			173		190		131		(1)		―		―		―		―		―		―		―		―
Noninterest expense			1,683		1,800		2,334		361		416		320		108		101		90		255		259		233
Amortization of intangibles			36		37		47		―		―		―		―		1		1		5		5		6
Allocated corporate expenses			1,035		1,022		897		73		59		52		29		36		37		66		79		72
Income (loss) before income taxes			1,398		1,114		754		627		626		6		328		353		336		372		313		293
Provision (benefit) for income taxes			513		406		270		237		238		2		125		135		127		97		69		58
Segment net income (loss)		$	885		708		484		390		388		4		203		218		209		275		244		235

Identifiable segment assets (period end)		$	54,602	$	54,731		52,368		36,207		37,593		32,413		11,526		10,264		9,874		17,629		18,907		16,773

		Insurance Services						Financial Services						Other, Treasury and Corporate (1)						Total BB&T Corporation
		2013		2012		2011		2013		2012		2011		2013		2012		2011		2013		2012		2011

		(Dollars in millions)
Net interest income (expense)		$	3	$	3	$	2	$	129	$	106	$	98	$	675	$	970	$	958	$	5,616	$	5,857	$	5,507
Net intersegment interest income (expense)			6		4		5		310		337		257		(369)		(527)		(666)		―		―		―
Segment net interest income			9		7		7		439		443		355		306		443		292		5,616		5,857		5,507

Allocated provision for loan and lease losses			―		―		―		17		11		(2)		(4)		(13)		86		592		1,057		1,190
Noninterest income			1,535		1,365		1,041		743		719		683		(262)		(390)		(211)		3,937		3,820		3,113
Intersegment net referral fees (expense)			―		―		―		36		39		30		(208)		(229)		(161)		―		―		―
Noninterest expense			1,135		1,016		786		617		643		575		1,572		1,483		1,365		5,731		5,718		5,703
Amortization of intangibles			61		61		42		3		3		3		1		3		―		106		110		99
Allocated corporate expenses			96		82		72		99		93		74		(1,398)		(1,371)		(1,204)		―		―		―
Income (loss) before income taxes			252		213		148		482		451		418		(335)		(278)		(327)		3,124		2,792		1,628
Provision (benefit) for income taxes			85		70		46		181		169		155		157		(323)		(362)		1,395		764		296
Segment net income (loss)		$	167	$	143		102		301		282		263		(492)		45		35	$	1,729	$	2,028	$	1,332

Identifiable segment assets (period end)		$	2,990	$	3,297		2,350		9,876		8,845		7,243		50,180		50,862		53,990	$	183,010	$	184,499	$	175,011


(1)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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