Truist Financial (TFC) 10-Q 2006 Q1 Quarterly report

Exhibit 12

BB&T Corporation
Earnings To Fixed Charges

	For the Three Months Ended
	March 31,						For the Years Ended December 31,
	2006			2005			2005			2004			2003			2002			2001
	(Dollars in thousands)
Earnings:
Income before income taxes	$	639,495		$	594,053		$	2,466,731		$	2,322,362		$	1,617,030		$	1,790,697		$	1,360,428
Plus:
Fixed charges		669,069			404,210			2,029,160			1,232,111			1,306,218			1,713,021			2,438,401
Less:
Capitalized interest		294			96			957			638			514			504			798
Earnings, including interest on
deposits		1,308,270			998,167			4,494,934			3,553,835			2,922,734			3,503,214			3,798,031
Less:
Interest on deposits		438,420			241,299			1,251,834			729,660			755,677			1,003,058			1,566,269
Earnings, excluding interest on
deposits	$	869,850		$	756,868		$	3,243,100		$	2,824,175		$	2,167,057		$	2,500,156		$	2,231,762
Fixed Charges:
Interest expense	$	658,618		$	394,309		$	1,980,969		$	1,198,472		$	1,272,787		$	1,686,584		$	2,414,936
Capitalized interest		294			96			957			638			514			504			798
Interest portion of rent expense		10,157			9,805			47,234			33,001			32,917			25,933			22,667
Total Fixed Charges	$	669,069		$	404,210		$	2,029,160		$	1,232,111		$	1,306,218		$	1,713,021		$	2,438,401
Less:
Interest on deposits		438,420			241,299			1,251,834			729,660			755,677			1,003,058			1,566,269
Total fixed charges excluding
interest on deposits	$	230,649		$	162,911		$	777,326		$	502,451		$	550,541		$	709,963		$	872,132
Earnings to fixed charges:
Including interest on deposits		1.96	x		2.47	x		2.22	x		2.88	x		2.24	x		2.05	x		1.56	x
Excluding interest on deposits		3.77	x		4.65	x		4.17	x		5.62	x		3.94	x		3.52	x		2.56	x