Operating Segments (Tables)

9 Months Ended

Sep. 30, 2014

Operating Segments

Schedule of Selected Financial Information Regarding Reportable Business Segments

Three Months Ended September 30, 2014 and 2013
		Community				Residential				Dealer				Specialized
		Banking				Mortgage Banking				Financial Services				Lending
		2014		2013		2014		2013		2014		2013		2014		2013
		(Dollars in millions)
Net interest income (expense)		$	437	$	431	$	372	$	397	$	212	$	210	$	149	$	181
Net intersegment interest income (expense)			296		326		(246)		(247)		(41)		(39)		(38)		(33)
Segment net interest income			733		757		126		150		171		171		111		148
Allocated provision for loan and lease losses			52		46		(48)		(29)		53		48		4		1
Noninterest income			322		321		82		96		―		1		63		58
Intersegment net referral fees (expense)			31		42		―		(1)		―		―		―		―
Noninterest expense			380		409		107		96		29		28		56		72
Amortization of intangibles			6		9		―		―		―		―		1		1
Allocated corporate expenses			285		260		21		17		7		7		15		17
Income (loss) before income taxes			363		396		128		161		82		89		98		115
Provision (benefit) for income taxes			132		146		48		61		31		33		27		33
Segment net income (loss)		$	231	$	250	$	80	$	100	$	51	$	56	$	71	$	82
Identifiable assets (period end)		$	55,114	$	55,190	$	35,778	$	37,436	$	12,514	$	11,503	$	17,536	$	17,076
										Other, Treasury				Total BB&T
		Insurance Services				Financial Services				and Corporate (1)				Corporation
		2014		2013		2014		2013		2014		2013		2014		2013
		(Dollars in millions)
Net interest income (expense)		$	―	$	1	$	46	$	42	$	133	$	155	$	1,349	$	1,417
Net intersegment interest income (expense)			1		2		66		70		(38)		(79)		―		―
Segment net interest income			1		3		112		112		95		76		1,349		1,417
Allocated provision for loan and lease losses			―		―		4		(1)		(31)		27		34		92
Noninterest income			387		357		186		179		(104)		(107)		936		905
Intersegment net referral fees (expense)			―		―		8		9		(39)		(50)		―		―
Noninterest expense			297		287		157		150		507		403		1,533		1,445
Amortization of intangibles			13		16		1		1		2		(1)		23		26
Allocated corporate expenses			21		14		30		24		(379)		(339)		―		―
Income (loss) before income taxes			57		43		114		126		(147)		(171)		695		759
Provision (benefit) for income taxes			21		16		43		47		(168)		114		134		450
Segment net income (loss)		$	36	$	27	$	71	$	79	$	21	$	(285)	$	561	$	309
Identifiable assets (period end)		$	2,736	$	2,876	$	12,033	$	11,051	$	51,311	$	46,576	$	187,022	$	181,708
(1)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.

Nine Months Ended September 30, 2014 and 2013
		Community				Residential				Dealer				Specialized
		Banking				Mortgage Banking				Financial Services				Lending
		2014		2013		2014		2013		2014		2013		2014		2013
			(Dollars in millions)
Net interest income (expense)		$	1,291	$	1,280	$	1,125	$	1,196	$	621	$	625	$	430	$	533
Net intersegment interest income (expense)			893		1,018		(747)		(749)		(118)		(118)		(106)		(95)
Segment net interest income			2,184		2,298		378		447		503		507		324		438
Allocated provision for loan and lease losses			103		271		(69)		(6)		157		157		26		80
Noninterest income			933		918		210		408		1		4		163		164
Intersegment net referral fees (expense)			86		147		1		(1)		―		―		―		―
Noninterest expense			1,171		1,279		399		272		86		82		159		200
Amortization of intangibles			22		28		―		―		―		―		3		4
Allocated corporate expenses			853		780		63		50		21		22		44		49
Income (loss) before income taxes			1,054		1,005		196		538		240		250		255		269
Provision (benefit) for income taxes			385		368		74		204		91		95		65		69
Segment net income (loss)		$	669	$	637	$	122	$	334	$	149	$	155	$	190	$	200
Identifiable assets (period end)		$	55,114	$	55,190	$	35,778	$	37,436	$	12,514	$	11,503	$	17,536	$	17,076
										Other, Treasury				Total BB&T
		Insurance Services				Financial Services				and Corporate (1)				Corporation
		2014		2013		2014		2013		2014		2013		2014		2013
		(Dollars in millions)
Net interest income (expense)		$	1	$	2	$	133	$	127	$	438	$	491	$	4,039	$	4,254
Net intersegment interest income (expense)			4		5		193		213		(119)		(274)		―		―
Segment net interest income			5		7		326		340		319		217		4,039		4,254
Allocated provision for loan and lease losses			―		―		7		21		(56)		9		168		532
Noninterest income			1,242		1,150		552		539		(321)		(231)		2,780		2,952
Intersegment net referral fees (expense)			―		―		21		27		(108)		(173)		―		―
Noninterest expense			908		867		470		456		1,248		1,145		4,441		4,301
Amortization of intangibles			40		46		2		2		2		―		69		80
Allocated corporate expenses			57		43		90		74		(1,128)		(1,018)		―		―
Income (loss) before income taxes			242		201		330		353		(176)		(323)		2,141		2,293
Provision (benefit) for income taxes			74		68		124		132		(289)		216		524		1,152
Segment net income (loss)		$	168	$	133	$	206	$	221	$	113	$	(539)	$	1,617	$	1,141
Identifiable assets (period end)		$	2,736	$	2,876	$	12,033	$	11,051	$	51,311	$	46,576	$	187,022	$	181,708
(1)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.