Operating Segments (Tables)

12 Months Ended

Dec. 31, 2014

Operating Segments

Schedule of Selected Financial Information Regarding Reportable Business Segments

BB&T Corporation
Reportable Segments
Year Ended December 31
		Community Banking						Residential Mortgage Banking						Dealer Financial Services						Specialized Lending
		2014		2013		2012		2014		2013		2012		2014		2013		2012		2014		2013		2012
			(Dollars in millions)
Net interest income (expense)		$	1,726	$	1,712	$	1,668	$	1,482	$	1,584	$	1,564	$	835	$	834	$	844	$	578	$	678	$	701
Net intersegment interest income (expense)			1,188		1,336		1,565		(984)		(999)		(1,044)		(160)		(158)		(195)		(146)		(126)		(139)
Segment net interest income			2,914		3,048		3,233		498		585		520		675		676		649		432		552		562
Allocated provision for loan and lease losses			123		279		586		(107)		12		174		237		214		164		39		85		135
Noninterest income			1,247		1,229		1,169		310		484		756		2		4		7		232		222		216
Intersegment net referral fees (expense)			118		178		190		2		(1)		―		―		―		―		―		―		―
Noninterest expense			1,535		1,692		1,815		504		370		416		116		108		101		219		255		258
Amortization of intangibles			29		36		37		―		―		―		―		―		1		5		5		5
Allocated corporate expenses			1,137		1,041		1,024		85		68		59		29		29		36		59		65		78
Income (loss) before income taxes			1,455		1,407		1,130		328		618		627		295		329		354		342		364		302
Provision (benefit) for income taxes			532		516		412		124		235		238		112		125		135		88		94		65
Segment net income (loss)		$	923	$	891	$	718	$	204	$	383	$	389	$	183	$	204	$	219	$	254	$	270	$	237
Identifiable segment assets (period end)		$	55,494	$	55,666	$	56,496	$	34,463	$	36,083	$	37,654	$	12,823	$	11,525	$	10,264	$	18,218	$	16,564	$	17,003
		Insurance Services						Financial Services						Other, Treasury and Corporate (1)						Total BB&T Corporation
		2014		2013		2012		2014		2013		2012		2014		2013		2012		2014		2013		2012
		(Dollars in millions)
Net interest income (expense)		$	2	$	3	$	3	$	183	$	166	$	132	$	568	$	639	$	945	$	5,374	$	5,616	$	5,857
Net intersegment interest income (expense)			6		6		4		263		282		303		(167)		(341)		(494)		―		―		―
Segment net interest income			8		9		7		446		448		435		401		298		451		5,374		5,616		5,857
Allocated provision for loan and lease losses			―		―		―		25		18		11		(66)		(16)		(13)		251		592		1,057
Noninterest income			1,663		1,535		1,365		770		744		724		(440)		(281)		(417)		3,784		3,937		3,820
Intersegment net referral fees (expense)			―		―		―		24		28		33		(144)		(205)		(223)		―		―		―
Noninterest expense			1,189		1,135		1,016		644		616		641		1,623		1,555		1,471		5,830		5,731		5,718
Amortization of intangibles			53		61		61		2		3		3		2		1		3		91		106		110
Allocated corporate expenses			86		64		82		119		98		91		(1,515)		(1,365)		(1,370)		―		―		―
Income (loss) before income taxes			343		284		213		450		485		446		(227)		(363)		(280)		2,986		3,124		2,792
Provision (benefit) for income taxes			110		97		70		170		182		169		(376)		146		(325)		760		1,395		764
Segment net income (loss)		$	233	$	187	$	143	$	280	$	303	$	277	$	149	$	(509)	$	45	$	2,226	$	1,729	$	2,028
Identifiable segment assets (period end)		$	2,978	$	2,990	$	3,297	$	12,849	$	10,001	$	8,929	$	49,989	$	50,181	$	50,856	$	186,814	$	183,010	$	184,499
(1)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.