Truist Financial (TFC) 8-K BB&T reports record earnings

Exhibit 99.2

BB&T Corporation

Quarterly Performance Summary

Second Quarter 2013

BB&T Corporation
Quarterly Performance Summary
Table of Contents
	Page
Financial Highlights	1
Financial Highlights - Five Quarter Trend	2
Consolidated Statements of Income	3
Consolidated Statements of Income - Five Quarter Trend	4
Lines of Business Financial Performance	5
Lines of Business Financial Performance - Five Quarter Trend	7
Consolidated Balance Sheets	9
Consolidated Balance Sheets - Five Quarter Trend	10
Average Balance Sheets	11
Average Balance Sheets - Five Quarter Trend	12
Average Balances and Rates - Quarters	13
Average Balances and Rates - Year-To-Date	15
Credit Quality	16
Credit Quality - Supplemental Information	19
Capital Information - Five Quarter Trend	20
Selected Items & Additional Information	21
Non-GAAP Reconciliations	22

BB&T Corporation
Financial Highlights
(Dollars in millions, except per share data, shares in thousands)
		Quarter Ended								Year-to-Date
		June 30						%		June 30						%
		2013			2012			Change		2013			2012			Change
Summary Income Statement
Interest income		$	1,680		$	1,767		(4.9)	%	$	3,377		$	3,547		(4.8)	%
Interest expense			228			267		(14.6)			466			574		(18.8)
	Net interest income - taxable equivalent		1,452			1,500		(3.2)			2,911			2,973		(2.1)
Less:  Taxable-equivalent adjustment			37			38		(2.6)			74			75		(1.3)
	Net interest income		1,415			1,462		(3.2)			2,837			2,898		(2.1)
Provision for credit losses			168			273		(38.5)			440			561		(21.6)
	Net interest income after provision for credit losses		1,247			1,189		4.9			2,397			2,337		2.6
Noninterest income			1,046			966		8.3			2,047			1,837		11.4
Noninterest expense			1,496			1,426		4.9			2,910			2,811		3.5
Income before income taxes			797			729		9.3			1,534			1,363		12.5
Provision for income taxes			221			191		15.7			702			380		84.7
	Net income		576			538		7.1			832			983		(15.4)
Noncontrolling interests			16			20		(20.0)			32			34		(5.9)
Preferred stock dividends			13			8		62.5			43			8		NM
	Net income available to common shareholders		547			510		7.3			757			941		(19.6)
Per Common Share Data
Earnings:
	Basic	$	0.78		$	0.73		6.8	%	$	1.08		$	1.35		(20.0)	%
	Diluted		0.77			0.72		6.9			1.06			1.33		(20.3)
Cash dividends declared			0.23			0.20		15.0			0.46			0.40		15.0
Book value			27.51			26.19		5.0			27.51			26.19		5.0
Tangible book value (1)			18.20			16.92		7.6			18.20			16.92		7.6
End of period shares outstanding (in thousands)			702,995			698,795		0.6			702,995			698,795		0.6
Weighted average shares (in thousands):
	Basic		702,082			698,579		0.5			701,245			698,132		0.4
	Diluted		712,861			708,454		0.6			711,998			707,990		0.6
Performance Ratios
Return on average assets			1.27	%		1.22	%				0.92	%		1.13	%
Return on average risk-weighted assets			1.71			1.69					1.24			1.54			��
Return on average common shareholders' equity			11.39			11.21					7.95			10.49
Return on average tangible common shareholders' equity (2)			19.12			18.85					13.57			17.37
Net interest margin - taxable equivalent			3.70			3.95					3.73			3.94
Fee income ratio (3)			44.6			42.4					43.8			41.7
Efficiency ratio (3)			57.6			53.9					57.0			53.0
Credit Quality (including covered assets)
Nonperforming assets as a percentage of:
	Total assets		0.80	%		1.24	%				0.80	%		1.24	%
	Loans and leases plus foreclosed property		1.23			1.93					1.23			1.93
Net charge-offs as a percentage of average
	loans and leases		0.74			1.21					0.87			1.25
Allowance for loan and lease losses as a percentage
	of loans and leases held for investment		1.64			1.91					1.64			1.91
Ratio of allowance for loan and lease losses to
	nonperforming loans and leases held for investment		1.66	X		1.29	X				1.66	X		1.29	X
Average Balances
Total assets		$	181,834		$	176,870		2.8	%	$	181,597		$	175,420		3.5	%
Total securities (4)			36,719			37,114		(1.1)			36,760			36,850		(0.2)
Loans and leases			117,852			111,760		5.5			117,419			111,082		5.7
Deposits			129,983			125,348		3.7			130,209			124,977		4.2
Common shareholders' equity			19,293			18,302		5.4			19,216			18,038		6.5
Shareholders' equity			21,789			18,737		16.3			21,553			18,283		17.9
Period-End Balances
Total assets		$	182,735		$	178,529		2.4	%	$	182,735		$	178,529		2.4	%
Total securities (4)			38,228			37,643		1.6			38,228			37,643		1.6
Loans and leases			118,282			113,811		3.9			118,282			113,811		3.9
Deposits			131,079			126,059		4.0			131,079			126,059		4.0
Common shareholders' equity			19,337			18,300		5.7			19,337			18,300		5.7
Shareholders' equity			21,996			18,926		16.2			21,996			18,926		16.2
Capital Ratios (5)
Risk-based:
	Tier 1		11.3	%		9.6	%				11.3	%		9.6	%
	Total		14.1			12.7					14.1			12.7
Leverage			8.8			7.3					8.8			7.3
Tier 1 common equity to tangible assets (1)			7.3			6.9					7.3			6.9
Tier 1 common equity to risk-weighted assets (1)			9.4			9.1					9.4			9.1
Applicable ratios are annualized.
(1)	Tangible book value per common share and Tier 1 common equity ratios are non-GAAP measures.  BB&T uses the Tier 1 common equity definition used in the SCAP assessment to calculate these ratios.  See the calculations and management's reasons for using these measures in the Capital Information - Five Quarter Trend section of this supplement.
(2)	Return on average tangible common shareholders' equity is a non-GAAP measure. See the calculation and management's reasons for using this measure in the Non-GAAP Reconciliations section of this supplement.
(3)	Excludes securities gains (losses), foreclosed property expense, amortization of intangible assets, merger-related and restructuring charges, the impacts of FDIC loss share accounting, and other selected items as detailed in the Selected Items & Additional Information section of this supplement. See the Non-GAAP Reconciliations section of this supplement for further detail.
(4)	Total securities includes securities available for sale (AFS) and securities held to maturity (HTM). Average balances reflect both AFS and HTM securities at amortized cost. Period-end balances reflect AFS securities at fair value and HTM securities at amortized cost.
(5)	Regulatory capital information is preliminary.
NM - Not meaningful.

1

BB&T Corporation
Financial Highlights - Five Quarter Trend
(Dollars in millions, except per share data, shares in thousands)
		Quarter Ended
		June 30			March 31			Dec. 31			Sept. 30			June 30
		2013			2013			2012			2012			2012
Summary Income Statement
Interest income		$	1,680		$	1,697		$	1,763		$	1,758		$	1,767
Interest expense			228			238			250			238			267
	Net interest income - taxable equivalent		1,452			1,459			1,513			1,520			1,500
Less:  Taxable-equivalent adjustment			37			37			37			37			38
	Net interest income		1,415			1,422			1,476			1,483			1,462
Provision for credit losses			168			272			252			244			273
	Net interest income after provision for credit losses		1,247			1,150			1,224			1,239			1,189
Noninterest income			1,046			1,001			1,020			963			966
Noninterest expense			1,496			1,414			1,488			1,529			1,426
Income before income taxes			797			737			756			673			729
Provision for income taxes			221			481			207			177			191
	Net income		576			256			549			496			538
Noncontrolling interests			16			16			13			2			20
Preferred stock dividends			13			30			30			25			8
	Net income available to common shareholders		547			210			506			469			510
Per Common Share Data
Earnings:
	Basic	$	0.78		$	0.30		$	0.72		$	0.67		$	0.73
	Diluted		0.77			0.29			0.71			0.66			0.72
Cash dividends declared			0.23			0.23			0.20			0.20			0.20
Book value			27.51			27.15			27.21			26.88			26.19
Tangible book value (1)			18.20			17.56			17.52			17.02			16.92
End of period shares outstanding (in thousands)			702,995			701,440			699,728			699,541			698,795
Weighted average shares (in thousands):
	Basic		702,082			700,275			699,586			699,091			698,579
	Diluted		712,861			711,020			710,190			709,875			708,454
Performance Ratios
Return on average assets			1.27	%		0.57	%		1.20	%		1.10	%		1.22	%
Return on average risk-weighted assets			1.71			0.77			1.63			1.50			1.69
Return on average common shareholders' equity			11.39			4.44			10.51			9.94			11.21
Return on average tangible common shareholders' equity (2)			19.12			7.87			17.80			17.01			18.85
Net interest margin - taxable equivalent			3.70			3.76			3.84			3.94			3.95
Fee income ratio (3)			44.6			42.9			44.1			42.4			42.4
Efficiency ratio (3)			57.6			56.4			55.3			55.2			53.9
Credit Quality (including covered assets)
Nonperforming assets as a percentage of:
	Total assets		0.80	%		0.91	%		0.97	%		1.10	%		1.24	%
	Loans and leases plus foreclosed property		1.23			1.39			1.51			1.70			1.93
Net charge-offs as a percentage of average
	loans and leases		0.74			1.00			1.02			1.05			1.21
Allowance for loan and lease losses as a percentage
	of loans and leases held for investment		1.64			1.73			1.76			1.80			1.91
Ratio of allowance for loan and lease losses to
	nonperforming loans and leases held for investment		1.66	X		1.54	X		1.46	X		1.33	X		1.29	X
Average Balances
Total assets		$	181,834		$	181,358		$	182,204		$	179,306		$	176,870
Total securities (4)			36,719			36,801			36,383			35,260			37,114
Loans and leases			117,852			116,981			117,103			115,609			111,760
Deposits			129,983			130,437			131,762			128,695			125,348
Common shareholders' equity			19,293			19,138			19,160			18,757			18,302
Total shareholders' equity			21,789			21,315			21,188			20,125			18,737
Period-End Balances
Total assets		$	182,735		$	180,837		$	183,872		$	182,021		$	178,529
Total securities (4)			38,228			37,289			38,731			37,238			37,643
Loans and leases			118,282			117,628			118,364			117,607			113,811
Deposits			131,079			131,352			133,075			130,018			126,059
Common shareholders' equity			19,337			19,048			19,042			18,800			18,300
Shareholders' equity			21,996			21,229			21,223			20,532			18,926
Capital Ratios (5)
Risk-based:
	Tier 1		11.3	%		10.8	%		10.7	%		10.2	%		9.6	%
	Total		14.1			13.7			13.6			13.2			12.7
Leverage			8.8			8.3			8.2			7.9			7.3
Tier 1 common equity to tangible assets (1)			7.3			7.1			6.9			6.8			6.9
Tier 1 common equity to risk-weighted assets (1)			9.4			9.2			9.1			8.9			9.1
Applicable ratios are annualized.
(1)	Tangible book value per common share and Tier 1 common equity ratios are non-GAAP measures.  BB&T uses the Tier 1 common equity definition used in the SCAP assessment to calculate these ratios.  See the calculations and management's reasons for using these measures in the Capital Information - Five Quarter Trend section of this supplement.
(2)	Return on average tangible common shareholders' equity is a non-GAAP measure. See the calculation and management's reasons for using this measure in the Non-GAAP Reconciliations section of this supplement.
(3)	Excludes securities gains (losses), foreclosed property expense, amortization of intangible assets, merger-related and restructuring charges, the impacts of FDIC loss share accounting, and other selected items as detailed in the Selected Items & Additional Information section of this supplement. See the Non-GAAP Reconciliations section of this supplement for further detail.
(4)	Total securities includes securities available for sale (AFS) and securities held to maturity (HTM). Average balances reflect both AFS and HTM securities at amortized cost. Period-end balances reflect AFS securities at fair value and HTM securities at amortized cost.
(5)	Regulatory capital information is preliminary.

2

BB&T Corporation
Consolidated Statements of Income
(Dollars in millions, except per share data, shares in thousands)
			Quarter Ended								Year-to-Date
			June 30				Change				June 30				Change
			2013		2012		$		%		2013		2012		$		%
Interest Income
	Interest and fees on loans and leases		$	1,418	$	1,492	$	(74)	(5.0)	%	$	2,851	$	2,994	$	(143)	(4.8)	%
	Interest and dividends on securities			215		230		(15)	(6.5)			430		464		(34)	(7.3)
	Interest on other earning assets			10		6		4	66.7			21		13		8	61.5
		Total interest income		1,643		1,728		(85)	(4.9)			3,302		3,471		(169)	(4.9)
Interest Expense
	Interest on deposits			78		107		(29)	(27.1)			164		228		(64)	(28.1)
	Interest on short-term borrowings			3		2		1	50.0			4		3		1	33.3
	Interest on long-term debt			147		157		(10)	(6.4)			297		342		(45)	(13.2)
		Total interest expense		228		266		(38)	(14.3)			465		573		(108)	(18.8)
Net interest income				1,415		1,462		(47)	(3.2)			2,837		2,898		(61)	(2.1)
	Provision for credit losses			168		273		(105)	(38.5)			440		561		(121)	(21.6)
Net interest income after provision for credit losses				1,247		1,189		58	4.9			2,397		2,337		60	2.6
Noninterest income
	Insurance income			426		393		33	8.4			791		664		127	19.1
	Mortgage banking income			168		182		(14)	(7.7)			348		398		(50)	(12.6)
	Service charges on deposits			143		138		5	3.6			281		275		6	2.2
	Investment banking and brokerage fees and commissions			99		88		11	12.5			193		177		16	9.0
	Bankcard fees and merchant discounts			65		59		6	10.2			124		113		11	9.7
	Checkcard fees			51		45		6	13.3			98		88		10	11.4
	Trust and investment advisory revenues			49		46		3	6.5			97		91		6	6.6
	Income from bank-owned life insurance			26		27		(1)	(3.7)			54		57		(3)	(5.3)
	FDIC loss share income, net			(85)		(74)		(11)	14.9			(144)		(131)		(13)	9.9
	Securities gains (losses), net			23		(2)		25	NM			46		(11)		57	NM
	Other income			81		64		17	26.6			159		116		43	37.1
		Total noninterest income		1,046		966		80	8.3			2,047		1,837		210	11.4
Noninterest Expense
	Personnel expense			844		775		69	8.9			1,661		1,505		156	10.4
	Occupancy and equipment expense			170		159		11	6.9			341		312		29	9.3
	Loan-related expense			63		62		1	1.6			121		125		(4)	(3.2)
	Foreclosed property expense			12		72		(60)	(83.3)			30		164		(134)	(81.7)
	Regulatory charges			35		43		(8)	(18.6)			70		84		(14)	(16.7)
	Professional services			47		39		8	20.5			83		74		9	12.2
	Software expense			38		32		6	18.8			76		64		12	18.8
	Amortization of intangibles			27		29		(2)	(6.9)			54		51		3	5.9
	Merger-related and restructuring charges, net			27		2		25	NM			32		14		18	128.6
	Other expense			233		213		20	9.4			442		418		24	5.7
		Total noninterest expense		1,496		1,426		70	4.9			2,910		2,811		99	3.5
Earnings
	Income before income taxes			797		729		68	9.3			1,534		1,363		171	12.5
	Provision for income taxes			221		191		30	15.7			702		380		322	84.7
		Net Income		576		538		38	7.1			832		983		(151)	(15.4)
	Noncontrolling interests			16		20		(4)	(20.0)			32		34		(2)	(5.9)
	Preferred stock dividends			13		8		5	62.5			43		8		35	NM
		Net income available to common shareholders	$	547	$	510	$	37	7.3	%	$	757	$	941	$	(184)	(19.6)	%
Earnings Per Common Share
		Basic	$	0.78	$	0.73	$	0.05	6.8	%	$	1.08	$	1.35	$	(0.27)	(20.0)	%
		Diluted		0.77		0.72		0.05	6.9			1.06		1.33		(0.27)	(20.3)
Weighted Average Shares Outstanding
		Basic		702,082		698,579		3,503	0.5			701,245		698,132		3,113	0.4
		Diluted		712,861		708,454		4,407	0.6			711,998		707,990		4,008	0.6
NM - not meaningful.

3

BB&T Corporation
Consolidated Statements of Income - Five Quarter Trend
(Dollars in millions, except per share data, shares in thousands)
			Quarter Ended
			June 30		March 31		Dec. 31		Sept. 30		June 30
			2013		2013		2012		2012		2012
Interest Income
	Interest and fees on loans and leases		$	1,418	$	1,433	$	1,494	$	1,492	$	1,492
	Interest and dividends on securities			215		215		222		221		230
	Interest on other earning assets			10		11		10		7		6
		Total interest income		1,643		1,659		1,726		1,720		1,728
Interest Expense
	Interest on deposits			78		86		96		105		107
	Interest on short-term borrowings			3		1		2		2		2
	Interest on long-term debt			147		150		152		130		157
		Total interest expense		228		237		250		237		266
Net interest income				1,415		1,422		1,476		1,483		1,462
	Provision for credit losses			168		272		252		244		273
Net interest income after provision for credit losses				1,247		1,150		1,224		1,239		1,189
Noninterest income
	Insurance income			426		365		362		333		393
	Mortgage banking income			168		180		231		211		182
	Service charges on deposits			143		138		149		142		138
	Investment banking and brokerage fees and commissions			99		94		98		90		88
	Bankcard fees and merchant discounts			65		59		61		62		59
	Checkcard fees			51		47		49		48		45
	Trust and investment advisory revenues			49		48		47		46		46
	Income from bank-owned life insurance			26		28		29		30		27
	FDIC loss share income, net			(85)		(59)		(97)		(90)		(74)
	Securities gains (losses), net			23		23		-		(1)		(2)
	Other income			81		78		91		92		64
		Total noninterest income		1,046		1,001		1,020		963		966
Noninterest Expense
	Personnel expense			844		817		823		797		775
	Occupancy and equipment expense			170		171		172		166		159
	Loan-related expense			63		58		73		85		62
	Foreclosed property expense			12		18		48		54		72
	Regulatory charges			35		35		35		40		43
	Professional services			47		36		46		36		39
	Software expense			38		38		38		36		32
	Amortization of intangibles			27		27		28		31		29
	Merger-related and restructuring charges, net			27		5		11		43		2
	Other expense			233		209		214		241		213
		Total noninterest expense		1,496		1,414		1,488		1,529		1,426
Earnings
	Income before income taxes			797		737		756		673		729
	Provision for income taxes			221		481		207		177		191
		Net Income		576		256		549		496		538
	Noncontrolling interests			16		16		13		2		20
	Preferred stock dividends			13		30		30		25		8
		Net income available to common shareholders	$	547	$	210	$	506	$	469	$	510
Earnings Per Common Share
		Basic	$	0.78	$	0.30	$	0.72	$	0.67	$	0.73
		Diluted		0.77		0.29		0.71		0.66		0.72
Weighted Average Shares Outstanding
		Basic		702,082		700,275		699,586		699,091		698,579
		Diluted		712,861		711,020		710,190		709,875		708,454

4

BB&T Corporation

Lines of Business Financial Performance (1)

Quarter Ended June 30, 2013 and 2012

(Dollars in millions)

Residential

Dealer

Community Banking

Mortgage Banking

Financial Services

Specialized Lending

June 30

June 30

Percent

June 30

June 30

Percent

June 30

June 30

Percent

June 30

June 30

Percent

2013

2012

Change

2013

2012

Change

2013

2012

Change

2013

2012

Change

Net interest income (expense)		$	532	$	516	3.1	%	$	294	$	286	2.8	%	$	210	$	210	―	%	$	178	$	174	2.3	%
Net intersegment interest income
	(expense)		277		326	(15.0)			(185)		(192)	(3.6)			(38)		(50)	(24.0)			(31)		(37)	(16.2)
Segment net interest income			809		842	(3.9)			109		94	16.0			172		160	7.5			147		137	7.3
Allocated provision for loan
	and lease losses		110		189	(41.8)			29		38	(23.7)			42		27	55.6			27		23	17.4
Noninterest income			300		279	7.5			151		162	(6.8)			1		2	(50.0)			56		52	7.7
Intersegment net referral fees
	(expense)		45		45	―			―		―	―			―		―	―			―		―	―
Noninterest expense			448		446	0.4			88		92	(4.3)			28		24	16.7			65		58	12.1
Amortization of intangibles			9		10	(10.0)			―		―	―			―		―	―			2		2	―
Allocated corporate expenses			258		255	1.2			17		13	30.8			8		10	(20.0)			16		19	(15.8)
Income (loss) before income taxes			329		266	23.7			126		113	11.5			95		101	(5.9)			93		87	6.9
Provision (benefit) for income
	taxes		120		97	23.7			48		43	11.6			36		38	(5.3)			25		20	25.0
Segment net income (loss)		$	209	$	169	23.7		$	78	$	70	11.4		$	59	$	63	(6.3)		$	68	$	67	1.5
Identifiable segment assets
	(period end)	$	62,998	$	60,961	3.3		$	28,345	$	27,318	3.8		$	11,188	$	10,303	8.6		$	18,892	$	18,140	4.1
														Other, Treasury						Total BB&T
		Insurance Services						Financial Services						& Corporate (2)						Corporation
		June 30		June 30		Percent		June 30		June 30		Percent		June 30		June 30		Percent		June 30		June 30		Percent
		2013		2012		Change		2013		2012		Change		2013		2012		Change		2013		2012		Change
Net interest income (expense)		$	1	$	―	NM	%	$	40	$	33	21.2	%	$	160	$	243	(34.2)	%	$	1,415	$	1,462	(3.2)	%
Net intersegment interest income
	(expense)		2		1	100.0			74		82	(9.8)			(99)		(130)	(23.8)			―		―	―
Segment net interest income			3		1	200.0			114		115	(0.9)			61		113	(46.0)			1,415		1,462	(3.2)
Allocated provision for loan
	and lease losses		―		―	―			14		(8)	NM			(54)		4	NM			168		273	(38.5)
Noninterest income			427		393	8.7			183		170	7.6			(72)		(92)	(21.7)			1,046		966	8.3
Intersegment net referral fees
	(expense)		―		―	―			11		6	83.3			(56)		(51)	9.8			―		―	―
Noninterest expense			292		260	12.3			155		172	(9.9)			393		345	13.9			1,469		1,397	5.2
Amortization of intangibles			16		17	(5.9)			―		1	(100.0)			―		(1)	(100.0)			27		29	(6.9)
Allocated corporate expenses			22		20	10.0			26		23	13.0			(347)		(340)	2.1			―		―	―
Income (loss) before income taxes			100		97	3.1			113		103	9.7			(59)		(38)	55.3			797		729	9.3
Provision (benefit) for income
	taxes		34		31	9.7			42		38	10.5			(84)		(76)	10.5			221		191	15.7
Segment net income (loss)		$	66	$	66	―		$	71	$	65	9.2		$	25	$	38	(34.2)		$	576	$	538	7.1
Identifiable segment assets
	(period end)	$	3,164	$	3,299	(4.1)		$	10,425	$	8,312	25.4		$	47,723	$	50,196	(4.9)		$	182,735	$	178,529	2.4
(1)	Lines of business results are preliminary.
(2)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.
NM	- not meaningful.

5

BB&T Corporation

Lines of Business Financial Performance (1)

Year-To-Date June 30, 2013 and 2012

(Dollars in millions)

Residential

Dealer

Community Banking

Mortgage Banking

Financial Services

Specialized Lending

June 30

June 30

Percent

June 30

June 30

Percent

June 30

June 30

Percent

June 30

June 30

Percent

2013

2012

Change

2013

2012

Change

2013

2012

Change

2013

2012

Change

Net interest income (expense)		$	1,056	$	1,022	3.3	%	$	593	$	564	5.1	%	$	415	$	420	(1.2)	%	$	352	$	341	3.2	%
Net intersegment interest income
	(expense)		567		666	(14.9)			(376)		(381)	(1.3)			(80)		(104)	(23.1)			(62)		(75)	(17.3)
Segment net interest income			1,623		1,688	(3.9)			217		183	18.6			335		316	6.0			290		266	9.0
Allocated provision for loan
	and lease losses		192		443	(56.7)			46		16	187.5			109		54	101.9			78		49	59.2
Noninterest income			578		547	5.7			312		357	(12.6)			3		4	(25.0)			110		105	4.8
Intersegment net referral fees
	(expense)		94		85	10.6			―		(1)	(100.0)			―		―	―			―		―	―
Noninterest expense			877		932	(5.9)			158		177	(10.7)			54		50	8.0			128		123	4.1
Amortization of intangibles			19		19	―			―		―	―			―		―	―			3		3	―
Allocated corporate expenses			516		512	0.8			33		27	22.2			15		19	(21.1)			32		38	(15.8)
Income (loss) before income taxes			691		414	66.9			292		319	(8.5)			160		197	(18.8)			159		158	0.6
Provision (benefit) for income
	taxes		253		149	69.8			111		121	(8.3)			61		75	(18.7)			38		34	11.8
Segment net income (loss)		$	438	$	265	65.3		$	181	$	198	(8.6)		$	99	$	122	(18.9)		$	121	$	124	(2.4)
Identifiable segment assets
	(period end)	$	62,998	$	60,961	3.3		$	28,345	$	27,318	3.8		$	11,188	$	10,303	8.6		$	18,892	$	18,140	4.1
														Other, Treasury						Total BB&T
		Insurance Services						Financial Services						& Corporate (2)						Corporation
		June 30		June 30		Percent		June 30		June 30		Percent		June 30		June 30		Percent		June 30		June 30		Percent
		2013		2012		Change		2013		2012		Change		2013		2012		Change		2013		2012		Change
Net interest income (expense)		$	2	$	1	100.0	%	$	74	$	63	17.5	%	$	345	$	487	(29.2)	%	$	2,837	$	2,898	(2.1)	%
Net intersegment interest income
	(expense)		3		2	50.0			154		164	(6.1)			(206)		(272)	(24.3)			―		―	―
Segment net interest income			5		3	66.7			228		227	0.4			139		215	(35.3)			2,837		2,898	(2.1)
Allocated provision for loan
	and lease losses		―		―	―			23		8	187.5			(8)		(9)	(11.1)			440		561	(21.6)
Noninterest income			793		663	19.6			359		348	3.2			(108)		(187)	(42.2)			2,047		1,837	11.4
Intersegment net referral fees
	(expense)		―		―	―			19		12	58.3			(113)		(96)	17.7			―		―	―
Noninterest expense			580		472	22.9			307		326	(5.8)			752		680	10.6			2,856		2,760	3.5
Amortization of intangibles			31		27	14.8			1		2	(50.0)			―		―	―			54		51	5.9
Allocated corporate expenses			45		39	15.4			50		45	11.1			(691)		(680)	1.6			―		―	―
Income (loss) before income taxes			142		128	10.9			225		206	9.2			(135)		(59)	128.8			1,534		1,363	12.5
Provision (benefit) for income
	taxes		46		39	17.9			84		77	9.1			109		(115)	(194.8)			702		380	84.7
Segment net income (loss)		$	96	$	89	7.9		$	141	$	129	9.3		$	(244)	$	56	NM		$	832	$	983	(15.4)
Identifiable segment assets
	(period end)	$	3,164	$	3,299	(4.1)		$	10,425	$	8,312	25.4		$	47,723	$	50,196	(4.9)		$	182,735	$	178,529	2.4
(1)	Lines of business results are preliminary.
(2)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.
NM	- not meaningful.

6

BB&T Corporation
Lines of Business Financial Performance - Five Quarter Trend (1)
(Dollars in millions)
			Quarter Ended
Community Banking			June 30			March 31		Dec. 31		Sept. 30		June 30
			2013			2013		2012		2012		2012
Net interest income (expense)			$	532		$	524	$	537	$	525	$	516
Net intersegment interest income (expense)				277			290		310		315		326
	Segment net interest income			809			814		847		840		842
Allocated provision for loan and lease losses				110			82		130		92		189
Noninterest income				300			278		295		281		279
Intersegment net referral fees (expense)				45			49		54		49		45
Noninterest expense				448			429		464		427		446
Amortization of intangibles				9			10		10		8		10
Allocated corporate expenses				258			258		257		256		255
	Income (loss) before income taxes			329			362		335		387		266
	Provision (benefit) for income taxes			120			133		123		142		97
		Segment net income (loss)	$	209		$	229	$	212	$	245	$	169
Identifiable segment assets (period end)			$	62,998		$	62,397	$	62,821	$	61,294	$	60,961
			Quarter Ended
Residential Mortgage Banking			June 30			March 31		Dec. 31		Sept. 30		June 30
			2013			2013		2012		2012		2012
Net interest income (expense)			$	294		$	299	$	299	$	286	$	286
Net intersegment interest income (expense)				(185)			(191)		(198)		(193)		(192)
	Segment net interest income			109			108		101		93		94
Allocated provision for loan and lease losses				29			17		56		23		38
Noninterest income				151			161		206		190		162
Intersegment net referral fees (expense)				―			―		―		―		―
Noninterest expense				88			70		100		111		92
Amortization of intangibles				―			―		―		―		―
Allocated corporate expenses				17			16		13		14		13
	Income (loss) before income taxes			126			166		138		135		113
	Provision (benefit) for income taxes			48			63		53		51		43
		Segment net income (loss)	$	78		$	103	$	85	$	84	$	70
Identifiable segment assets (period end)			$	28,345		$	28,673	$	29,391	$	28,615	$	27,318
			Quarter Ended
Dealer Financial Services			June 30			March 31		Dec. 31		Sept. 30		June 30
			2013			2013		2012		2012		2012
Net interest income (expense)			$	210		$	205	$	210	$	214	$	210
Net intersegment interest income (expense)				(38)			(42)		(44)		(48)		(50)
	Segment net interest income			172			163		166		166		160
Allocated provision for loan and lease losses				42			67		67		43		27
Noninterest income				1			2		2		1		2
Intersegment net referral fees (expense)				―			―		―		―		―
Noninterest expense				28			26		27		24		24
Amortization of intangibles				―			―		―		1		―
Allocated corporate expenses				8			7		9		8		10
	Income (loss) before income taxes			95			65		65		91		101
	Provision (benefit) for income taxes			36			25		25		35		38
		Segment net income (loss)	$	59		$	40	$	40	$	56	$	63
Identifiable segment assets (period end)			$	11,188		$	10,566	$	10,264	$	10,316	$	10,303
			Quarter Ended
Specialized Lending			June 30			March 31		Dec. 31		Sept. 30		June 30
			2013			2013		2012		2012		2012
Net interest income (expense)			$	178		$	174	$	179	$	181	$	174
Net intersegment interest income (expense)				(31)			(31)		(31)		(33)		(37)
	Segment net interest income			147			143		148		148		137
Allocated provision for loan and lease losses				27			51		24		62		23
Noninterest income				56			54		65		58		52
Intersegment net referral fees (expense)				―			―		―		―		―
Noninterest expense				65			63		69		67		58
Amortization of intangibles				2			1		1		1		2
Allocated corporate expenses				16			16		21		20		19
	Income (loss) before income taxes			93			66		98		56		87
	Provision (benefit) for income taxes			25			13		26		9		20
		Segment net income (loss)	$	68		$	53	$	72	$	47	$	67
Identifiable segment assets (period end)			$	18,892		$	18,311	$	18,907	$	18,650	$	18,140
(1)	Lines of business results are preliminary.

7

BB&T Corporation
Lines of Business Financial Performance - Five Quarter Trend (1)
(Dollars in millions)
			Quarter Ended
Insurance Services			June 30		March 31		Dec. 31		Sept. 30		June 30
			2013		2013		2012		2012		2012
Net interest income (expense)			$	1	$	1	$	1	$	1	$	―
Net intersegment interest income (expense)				2		1		1		1		1
	Segment net interest income			3		2		2		2		1
Allocated provision for loan and lease losses				―		―		―		―		―
Noninterest income				427		366		368		334		393
Intersegment net referral fees (expense)				―		―		―		―		―
Noninterest expense				292		288		272		272		260
Amortization of intangibles				16		15		16		18		17
Allocated corporate expenses				22		23		23		20		20
	Income (loss) before income taxes			100		42		59		26		97
	Provision (benefit) for income taxes			34		12		21		10		31
		Segment net income (loss)	$	66	$	30	$	38	$	16	$	66
Identifiable segment assets (period end)			$	3,164	$	3,160	$	3,297	$	3,090	$	3,299
			Quarter Ended
Financial Services			June 30		March 31		Dec. 31		Sept. 30		June 30
			2013		2013		2012		2012		2012
Net interest income (expense)			$	40	$	34	$	33	$	33	$	33
Net intersegment interest income (expense)				74		80		86		86		82
	Segment net interest income			114		114		119		119		115
Allocated provision for loan and lease losses				14		9		(8)		13		(8)
Noninterest income				183		176		197		184		170
Intersegment net referral fees (expense)				11		8		10		7		6
Noninterest expense				155		152		163		153		172
Amortization of intangibles				―		1		1		―		1
Allocated corporate expenses				26		24		22		26		23
	Income (loss) before income taxes			113		112		148		118		103
	Provision (benefit) for income taxes			42		42		56		45		38
		Segment net income (loss)	$	71	$	70	$	92	$	73	$	65
Identifiable segment assets (period end)			$	10,425	$	10,213	$	9,283	$	9,088	$	8,312
			Quarter Ended
Other, Treasury & Corporate (2)			June 30		March 31		Dec. 31		Sept. 30		June 30
			2013		2013		2012		2012		2012
Net interest income (expense)			$	160	$	185	$	217	$	243	$	243
Net intersegment interest income (expense)				(99)		(107)		(124)		(128)		(130)
	Segment net interest income			61		78		93		115		113
Allocated provision for loan and lease losses				(54)		46		(17)		11		4
Noninterest income				(72)		(36)		(113)		(85)		(92)
Intersegment net referral fees (expense)				(56)		(57)		(64)		(56)		(51)
Noninterest expense				393		359		365		444		345
Amortization of intangibles				―		―		―		3		(1)
Allocated corporate expenses				(347)		(344)		(345)		(344)		(340)
	Income (loss) before income taxes			(59)		(76)		(87)		(140)		(38)
	Provision (benefit) for income taxes			(84)		193		(97)		(115)		(76)
		Segment net income (loss)	$	25	$	(269)	$	10	$	(25)	$	38
Identifiable segment assets (period end)			$	47,723	$	47,517	$	49,909	$	50,968	$	50,196
			Quarter Ended
Total BB&T Corporation			June 30		March 31		Dec. 31		Sept. 30		June 30
			2013		2013		2012		2012		2012
Net interest income (expense)			$	1,415	$	1,422	$	1,476	$	1,483	$	1,462
Net intersegment interest income (expense)				―		―		―		―		―
	Segment net interest income			1,415		1,422		1,476		1,483		1,462
Allocated provision for loan and lease losses				168		272		252		244		273
Noninterest income				1,046		1,001		1,020		963		966
Intersegment net referral fees (expense)				―		―		―		―		―
Noninterest expense				1,469		1,387		1,460		1,498		1,397
Amortization of intangibles				27		27		28		31		29
Allocated corporate expenses				―		―		―		―		―
	Income (loss) before income taxes			797		737		756		673		729
	Provision (benefit) for income taxes			221		481		207		177		191
		Segment net income (loss)	$	576	$	256	$	549	$	496	$	538
Identifiable segment assets (period end)			$	182,735	$	180,837	$	183,872	$	182,021	$	178,529
(1)	Lines of business results are preliminary.
(2)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.

8

BB&T Corporation
Consolidated Balance Sheets
(Dollars in millions)
				As of June 30				Change
				2013		2012		$		%
Assets
	Cash and due from banks			$	1,442	$	1,409	$	33	2.3	%
	Interest-bearing deposits with banks				1,325		2,246		(921)	(41.0)
	Federal funds sold and securities purchased under
		resale agreements or similar arrangements			195		212		(17)	(8.0)
	Segregated cash due from banks				2		4		(2)	(50.0)
	Trading securities at fair value				537		533		4	0.8
	Securities available for sale at fair value (1)				24,477		25,067		(590)	(2.4)
	Securities held to maturity				13,751		12,576		1,175	9.3
	Loans and leases:
		Commercial loans and leases:
			Commercial and industrial		38,701		36,938		1,763	4.8
			Commercial real estate—other		11,440		10,457		983	9.4
			Commercial real estate—residential ADC (2)		1,058		1,590		(532)	(33.5)
		Direct retail lending			16,069		15,183		886	5.8
		Sales finance loans			8,821		7,794		1,027	13.2
		Revolving credit loans			2,325		2,206		119	5.4
		Residential mortgage loans			23,795		23,117		678	2.9
		Other lending subsidiaries			10,836		9,835		1,001	10.2
			Total loans and leases held for investment (excluding covered loans)		113,045		107,120		5,925	5.5
		Covered loans			2,749		3,955		(1,206)	(30.5)
			Total loans and leases held for investment		115,794		111,075		4,719	4.2
		Loans held for sale			2,488		2,736		(248)	(9.1)
			Total loans and leases		118,282		113,811		4,471	3.9
	Allowance for loan and lease losses				(1,901)		(2,126)		225	(10.6)
	FDIC loss share receivable				299		831		(532)	(64.0)
	Premises and equipment				1,893		1,816		77	4.2
	Goodwill				6,824		6,428		396	6.2
	Core deposit and other intangible assets				620		683		(63)	(9.2)
	Residential mortgage servicing rights at fair value				892		578		314	54.3
	Other assets (3)				14,097		14,461		(364)	(2.5)
		Total assets		$	182,735	$	178,529	$	4,206	2.4	%
Liabilities and Shareholders' Equity
	Deposits:
		Noninterest-bearing deposits		$	33,760	$	28,664	$	5,096	17.8	%
		Interest checking			19,053		20,228		(1,175)	(5.8)
		Money market and savings			48,529		46,611		1,918	4.1
		Certificates and other time deposits			29,737		30,556		(819)	(2.7)
			Total deposits		131,079		126,059		5,020	4.0
	Fed funds purchased, repos and other borrowings				3,192		3,196		(4)	(0.1)
	Long-term debt				19,362		22,561		(3,199)	(14.2)
	Other liabilities				7,106		7,787		(681)	(8.7)
		Total liabilities			160,739		159,603		1,136	0.7
	Shareholders' equity:
		Preferred stock			2,603		559		2,044	NM
		Common stock			3,515		3,494		21	0.6
		Additional paid-in capital			6,042		5,914		128	2.2
		Retained earnings			10,564		9,433		1,131	12.0
		Accumulated other comprehensive loss			(784)		(541)		(243)	44.9
		Noncontrolling interests			56		67		(11)	(16.4)
		Total shareholders' equity			21,996		18,926		3,070	16.2
		Total liabilities and shareholders' equity		$	182,735	$	178,529	$	4,206	2.4	%
(1)	Includes covered securities of $1.5 billion and $1.6 billion at June 30, 2013 and 2012, respectively.
(2)	Commercial real estate - residential ADC represents residential acquisition, development and construction loans.
(3)	Includes $221 million and $349 million of covered foreclosed property and covered other assets at June 30, 2013 and 2012, respectively.
NM - not meaningful.

9

BB&T Corporation
Consolidated Balance Sheets - Five Quarter Trend
(Dollars in millions)
				As of
				June 30		March 31		Dec. 31		Sept. 30		June 30
				2013		2013		2012		2012		2012
Assets
	Cash and due from banks			$	1,442	$	1,320	$	1,972	$	1,557	$	1,409
	Interest-bearing deposits with banks				1,325		1,590		1,659		1,784		2,246
	Federal funds sold and securities purchased under
		resale agreements or similar arrangements			195		302		122		162		212
	Segregated cash due from banks				2		2		36		3		4
	Trading securities at fair value				537		627		497		572		533
	Securities available for sale at fair value (1)				24,477		24,170		25,137		24,098		25,067
	Securities held to maturity				13,751		13,119		13,594		13,140		12,576
	Loans and leases:
		Commercial loans and leases:
			Commercial and industrial		38,701		38,429		38,295		38,012		36,938
			Commercial real estate—other		11,440		11,425		11,461		10,913		10,457
			Commercial real estate—residential ADC		1,058		1,175		1,261		1,454		1,590
		Direct retail lending			16,069		15,767		15,817		15,710		15,183
		Sales finance loans			8,821		8,114		7,736		7,723		7,794
		Revolving credit loans			2,325		2,284		2,330		2,291		2,206
		Residential mortgage loans			23,795		23,954		24,272		24,293		23,117
		Other lending subsidiaries			10,836		10,043		10,137		10,056		9,835
			Total loans and leases held for investment (excluding covered loans)		113,045		111,191		111,309		110,452		107,120
		Covered loans			2,749		3,005		3,294		3,688		3,955
			Total loans and leases held for investment		115,794		114,196		114,603		114,140		111,075
		Loans held for sale			2,488		3,432		3,761		3,467		2,736
			Total loans and leases		118,282		117,628		118,364		117,607		113,811
	Allowance for loan and lease losses				(1,901)		(1,975)		(2,018)		(2,051)		(2,126)
	FDIC loss share receivable				299		368		479		656		831
	Premises and equipment				1,893		1,880		1,888		1,940		1,816
	Goodwill				6,824		6,823		6,804		6,718		6,428
	Core deposit and other intangible assets				620		647		673		718		683
	Residential mortgage servicing rights at fair value				892		735		627		563		578
	Other assets (2)				14,097		13,601		14,038		14,554		14,461
		Total assets		$	182,735	$	180,837	$	183,872	$	182,021	$	178,529
Liabilities and Shareholders' Equity
	Deposits:
		Noninterest-bearing deposits		$	33,760	$	33,236	$	32,452	$	30,810	$	28,664
		Interest checking			19,053		20,175		21,091		20,182		20,228
		Money market and savings			48,529		49,088		47,908		48,099		46,611
		Certificates and other time deposits			29,737		28,853		31,624		30,927		30,556
			Total deposits		131,079		131,352		133,075		130,018		126,059
	Fed funds purchased, repos and other borrowings				3,192		3,239		2,864		3,093		3,196
	Long-term debt				19,362		18,316		19,114		19,221		22,561
	Other liabilities				7,106		6,701		7,596		9,157		7,787
		Total liabilities			160,739		159,608		162,649		161,489		159,603
	Shareholders' equity:
		Preferred stock			2,603		2,116		2,116		1,679		559
		Common stock			3,515		3,507		3,499		3,498		3,494
		Additional paid-in capital			6,042		5,975		5,973		5,950		5,914
		Retained earnings			10,564		10,178		10,129		9,761		9,433
		Accumulated other comprehensive loss			(784)		(612)		(559)		(409)		(541)
		Noncontrolling interests			56		65		65		53		67
		Total shareholders' equity			21,996		21,229		21,223		20,532		18,926
		Total liabilities and shareholders' equity		$	182,735	$	180,837	$	183,872	$	182,021	$	178,529
(1)	Includes covered securities of $1.5 billion, $1.6 billion, $1.6 billion, $1.6 billion and $1.6 billion at June 30, 2013, March 31, 2013, December 31, 2012, September 30, 2012 and June 30, 2012, respectively.
(2)	Includes $221 million, $273 million, $297 million, $327 million and $349 million of covered foreclosed property and covered other assets at June 30, 2013, March 31, 2013, December 31, 2012, September 30, 2012 and June 30, 2012, respectively.

10

BB&T Corporation
Average Balance Sheets
(Dollars in millions)
					Quarter Ended								Year-to-Date
					June 30				Change				June 30				Change
					2013		2012		$		%		2013		2012		$		%
Assets
	Securities, at amortized cost (1):
		U.S. government-sponsored entities (GSE)			$	5,232	$	1,054	$	4,178	NM	%	$	4,879	$	938	$	3,941	NM	%
		Mortgage-backed securities issued by GSE				27,803		32,176		(4,373)	(13.6)			28,169		31,957		(3,788)	(11.9)
		States and political subdivisions				1,836		1,857		(21)	(1.1)			1,837		1,858		(21)	(1.1)
		Non-agency mortgage-backed securities				289		338		(49)	(14.5)			294		374		(80)	(21.4)
		Other securities				466		498		(32)	(6.4)			472		515		(43)	(8.3)
		Covered securities				1,093		1,191		(98)	(8.2)			1,109		1,208		(99)	(8.2)
			Total securities			36,719		37,114		(395)	(1.1)			36,760		36,850		(90)	(0.2)
	Other earning assets					2,626		3,511		(885)	(25.2)			2,731		3,507		(776)	(22.1)
	Loans and leases:
		Commercial loans and leases:
			Commercial and industrial			38,359		36,293		2,066	5.7			38,139		36,157		1,982	5.5
			Commercial real estate—other			11,411		10,578		833	7.9			11,417		10,628		789	7.4
			Commercial real estate—residential ADC			1,121		1,744		(623)	(35.7)			1,179		1,867		(688)	(36.9)
		Direct retail lending				15,936		15,071		865	5.7			15,847		14,892		955	6.4
		Sales finance loans				8,520		7,690		830	10.8			8,181		7,603		578	7.6
		Revolving credit loans				2,268		2,178		90	4.1			2,273		2,176		97	4.5
		Residential mortgage loans				23,391		22,114		1,277	5.8			23,504		21,585		1,919	8.9
		Other lending subsidiaries				10,407		9,370		1,037	11.1			10,198		9,019		1,179	13.1
			Total loans and leases held for investment
				(excluding covered loans)		111,413		105,038		6,375	6.1			110,738		103,927		6,811	6.6
		Covered loans				2,858		4,211		(1,353)	(32.1)			2,995		4,442		(1,447)	(32.6)
			Total loans and leases held for investment			114,271		109,249		5,022	4.6			113,733		108,369		5,364	4.9
		Loans held for sale				3,581		2,511		1,070	42.6			3,686		2,713		973	35.9
			Total loans and leases			117,852		111,760		6,092	5.5			117,419		111,082		6,337	5.7
				Total earning assets		157,197		152,385		4,812	3.2			156,910		151,439		5,471	3.6
	Nonearning assets					24,637		24,485		152	0.6			24,687		23,981		706	2.9
	Total assets				$	181,834	$	176,870	$	4,964	2.8	%	$	181,597	$	175,420	$	6,177	3.5	%
Liabilities and Shareholders' Equity
	Deposits:
		Noninterest-bearing deposits			$	33,586	$	27,643	$	5,943	21.5	%	$	33,055	$	26,908	$	6,147	22.8	%
		Interest checking				19,276		19,911		(635)	(3.2)			19,720		19,812		(92)	(0.5)
		Money market and savings				48,140		46,557		1,583	3.4			48,285		46,112		2,173	4.7
		Certificates and other time deposits				28,034		31,205		(3,171)	(10.2)			28,481		32,073		(3,592)	(11.2)
		Foreign office deposits - interest-bearing				947		32		915	NM			668		72		596	NM
			Total deposits			129,983		125,348		4,635	3.7			130,209		124,977		5,232	4.2
	Fed funds purchased, repos and other borrowings					5,118		3,362		1,756	52.2			4,670		3,407		1,263	37.1
	Long-term debt					18,287		22,544		(4,257)	(18.9)			18,488		22,132		(3,644)	(16.5)
	Other liabilities					6,657		6,879		(222)	(3.2)			6,677		6,621		56	0.8
			Total liabilities			160,045		158,133		1,912	1.2			160,044		157,137		2,907	1.8
	Shareholders' equity					21,789		18,737		3,052	16.3			21,553		18,283		3,270	17.9
	Total liabilities and shareholders' equity				$	181,834	$	176,870	$	4,964	2.8	%	$	181,597	$	175,420	$	6,177	3.5	%
Average balances exclude basis adjustments for fair value hedges.
(1)	Includes securities available for sale and securities held to maturity.
NM - not meaningful.

11

BB&T Corporation
Average Balance Sheets - Five Quarter Trend
(Dollars in millions)
					Quarter Ended
					June 30		March 31		Dec. 31		Sept. 30		June 30
					2013		2013		2012		2012		2012
Assets
	Securities, at amortized cost (1):
		U.S. government-sponsored entities (GSE)			$	5,232	$	4,522	$	3,436	$	1,078	$	1,054
		Mortgage-backed securities issued by GSE				27,803		28,540		29,162		30,338		32,176
		States and political subdivisions				1,836		1,837		1,841		1,848		1,857
		Non-agency mortgage-backed securities				289		300		312		325		338
		Other securities				466		477		487		500		498
		Covered securities				1,093		1,125		1,145		1,171		1,191
			Total securities			36,719		36,801		36,383		35,260		37,114
	Other earning assets					2,626		2,838		3,377		3,049		3,511
	Loans and leases:
		Commercial loans and leases:
			Commercial and industrial			38,359		37,916		38,022		37,516		36,293
			Commercial real estate—other			11,411		11,422		11,032		10,823		10,578
			Commercial real estate—residential ADC			1,121		1,238		1,398		1,534		1,744
		Direct retail lending				15,936		15,757		15,767		15,520		15,071
		Sales finance loans				8,520		7,838		7,724		7,789		7,690
		Revolving credit loans				2,268		2,279		2,280		2,234		2,178
		Residential mortgage loans				23,391		23,618		23,820		23,481		22,114
		Other lending subsidiaries				10,407		9,988		10,051		9,998		9,370
			Total loans and leases held for investment (excluding covered loans)			111,413		110,056		110,094		108,895		105,038
		Covered loans				2,858		3,133		3,477		3,826		4,211
			Total loans and leases held for investment			114,271		113,189		113,571		112,721		109,249
		Loans held for sale				3,581		3,792		3,532		2,888		2,511
			Total loans and leases			117,852		116,981		117,103		115,609		111,760
				Total earning assets		157,197		156,620		156,863		153,918		152,385
	Nonearning assets					24,637		24,738		25,341		25,388		24,485
	Total assets				$	181,834	$	181,358	$	182,204	$	179,306	$	176,870
Liabilities and Shareholders' Equity
	Deposits:
		Noninterest-bearing deposits			$	33,586	$	32,518	$	31,849	$	29,990	$	27,643
		Interest checking				19,276		20,169		19,837		20,157		19,911
		Money market and savings				48,140		48,431		47,965		47,500		46,557
		Certificates and other time deposits				28,034		28,934		31,724		30,727		31,205
		Foreign office deposits - interest-bearing				947		385		387		321		32
			Total deposits			129,983		130,437		131,762		128,695		125,348
	Fed funds purchased, repos and other borrowings					5,118		4,217		3,340		3,478		3,362
	Long-term debt					18,287		18,690		18,689		19,682		22,544
	Other liabilities					6,657		6,699		7,225		7,326		6,879
		Total liabilities				160,045		160,043		161,016		159,181		158,133
	Shareholders' equity					21,789		21,315		21,188		20,125		18,737
	Total liabilities and shareholders' equity				$	181,834	$	181,358	$	182,204	$	179,306	$	176,870
Average balances exclude basis adjustments for fair value hedges.
(1)	Includes securities available for sale and securities held to maturity.

12

BB&T Corporation
Average Balances and Rates - Quarters
(Dollars in millions)
					Quarter Ended
					June 30, 2013							March 31, 2013
					(1)			Interest		(2)		(1)		Interest		(2)
					Average			Income/		Yields/		Average		Income/		Yields/
					Balances			Expense		Rates		Balances		Expense		Rates
Assets
	Securities, at amortized cost (3):
		U.S. government-sponsored entities (GSE)			$	5,232		$	25	1.89	%	$	4,522	$	21	1.87	%
		Mortgage-backed securities issued by GSE				27,803			138	1.97			28,540		137	1.92
		States and political subdivisions				1,836			26	5.81			1,837		27	5.80
		Non-agency mortgage-backed securities				289			4	5.57			300		4	5.58
		Other securities				466			1	1.51			477		2	1.41
		Covered securities				1,093			34	12.48			1,125		37	13.18
			Total securities			36,719			228	2.49			36,801		228	2.48
	Other earning assets					2,626			9	1.40			2,838		12	1.64
	Loans and leases:
		Commercial loans and leases:
			Commercial and industrial			38,359			351	3.67			37,916		353	3.76
			Commercial real estate—other			11,411			106	3.71			11,422		107	3.81
			Commercial real estate—residential ADC			1,121			12	4.30			1,238		13	4.15
		Direct retail lending				15,936			186	4.67			15,757		184	4.73
		Sales finance loans				8,520			69	3.25			7,838		68	3.52
		Revolving credit loans				2,268			48	8.48			2,279		48	8.51
		Residential mortgage loans				23,391			246	4.21			23,618		251	4.26
		Other lending subsidiaries				10,407			274	10.54			9,988		267	10.84
			Total loans and leases held for investment
				(excluding covered loans)		111,413			1,292	4.64			110,056		1,291	4.74
		Covered loans				2,858			121	16.95			3,133		135	17.49
			Total loans and leases held for investment			114,271			1,413	4.95			113,189		1,426	5.09
		Loans held for sale				3,581			30	3.42			3,792		31	3.28
			Total loans and leases			117,852			1,443	4.90			116,981		1,457	5.03
				Total earning assets		157,197			1,680	4.28			156,620		1,697	4.37
	Nonearning assets					24,637							24,738
	Total assets				$	181,834						$	181,358
Liabilities and Shareholders' Equity
	Interest-bearing deposits:
		Interest checking			$	19,276			3	0.08		$	20,169		5	0.09
		Money market and savings				48,140			15	0.13			48,431		18	0.15
		Certificates and other time deposits				28,034			60	0.84			28,934		63	0.89
		Foreign office deposits - interest-bearing				947			―	0.09			385		―	0.12
			Total interest-bearing deposits			96,397			78	0.32			97,919		86	0.36
	Fed funds purchased, repos and other borrowings					5,118			2	0.18			4,217		2	0.18
	Long-term debt					18,287			148	3.23			18,690		150	3.23
		Total interest-bearing liabilities				119,802			228	0.76			120,826		238	0.79
	Noninterest-bearing deposits					33,586							32,518
	Other liabilities					6,657							6,699
	Shareholders' equity					21,789							21,315
	Total liabilities and shareholders' equity				$	181,834						$	181,358
	Average interest-rate spread									3.52						3.58
	Net interest income/ net interest margin							$	1,452	3.70	%			$	1,459	3.76	%
	Taxable-equivalent adjustment							$	37					$	37
Applicable ratios are annualized.
(1)	Excludes basis adjustments for fair value hedges.
(2)	Yields are on a fully taxable-equivalent basis.
(3)	Includes securities available for sale and securities held to maturity.

13

BB&T Corporation
Average Balances and Rates - Quarters
(Dollars in millions)
					Quarter Ended
					December 31, 2012						September 30, 2012						June 30, 2012
					(1)		Interest		(2)		(1)		Interest		(2)		(1)		Interest		(2)
					Average		Income/		Yields/		Average		Income/		Yields/		Average		Income/		Yields/
					Balances		Expense		Rates		Balances		Expense		Rates		Balances		Expense		Rates
Assets
	Securities, at amortized cost (3):
		U.S. government-sponsored entities (GSE)			$	3,436	$	15	1.79	%	$	1,078	$	4	1.42	%	$	1,054	$	4	1.45	%
		Mortgage-backed securities issued by GSE				29,162		139	1.90			30,338		151	2.00			32,176		160	1.98
		States and political subdivisions				1,841		27	5.82			1,848		27	5.83			1,857		27	5.85
		Non-agency mortgage-backed securities				312		4	5.67			325		5	5.55			338		5	5.76
		Other securities				487		2	1.59			500		2	1.65			498		2	1.70
		Covered securities				1,145		48	16.53			1,171		44	15.12			1,191		46	15.62
			Total securities			36,383		235	2.58			35,260		233	2.64			37,114		244	2.62
	Other earning assets					3,377		10	1.16			3,049		8	1.07			3,511		6	0.69
	Loans and leases:
		Commercial loans and leases:
			Commercial and industrial			38,022		369	3.87			37,516		367	3.89			36,293		366	4.06
			Commercial real estate—other			11,032		106	3.82			10,823		104	3.83			10,578		100	3.79
			Commercial real estate—residential ADC			1,398		15	4.14			1,534		14	3.78			1,744		16	3.67
		Direct retail lending				15,767		191	4.80			15,520		187	4.81			15,071		184	4.90
		Sales finance loans				7,724		73	3.72			7,789		75	3.85			7,690		77	4.03
		Revolving credit loans				2,280		48	8.40			2,234		47	8.39			2,178		45	8.35
		Residential mortgage loans				23,820		251	4.23			23,481		252	4.28			22,114		247	4.47
		Other lending subsidiaries				10,051		271	10.73			9,998		271	10.80			9,370		260	11.17
			Total loans and leases held for investment
				(excluding covered loans)		110,094		1,324	4.79			108,895		1,317	4.82			105,038		1,295	4.95
		Covered loans				3,477		166	18.98			3,826		175	18.21			4,211		200	19.01
			Total loans and leases held for investment			113,571		1,490	5.22			112,721		1,492	5.27			109,249		1,495	5.50
		Loans held for sale				3,532		28	3.27			2,888		25	3.35			2,511		22	3.51
			Total loans and leases			117,103		1,518	5.16			115,609		1,517	5.23			111,760		1,517	5.45
				Total earning assets		156,863		1,763	4.48			153,918		1,758	4.55			152,385		1,767	4.65
	Nonearning assets					25,341						25,388						24,485
	Total assets				$	182,204					$	179,306					$	176,870
Liabilities and Shareholders' Equity
	Interest-bearing deposits:
		Interest checking			$	19,837		6	0.12		$	20,157		7	0.12		$	19,911		6	0.12
		Money market and savings				47,965		19	0.15			47,500		22	0.19			46,557		22	0.19
		Certificates and other time deposits				31,724		71	0.90			30,727		76	0.99			31,205		79	1.02
		Foreign office deposits - interest-bearing				387		―	0.13			321		―	0.12			32		―	0.06
			Total interest-bearing deposits			99,913		96	0.38			98,705		105	0.42			97,705		107	0.44
	Fed funds purchased, repos and other borrowings					3,340		2	0.27			3,478		3	0.25			3,362		3	0.31
	Long-term debt					18,689		152	3.24			19,682		130	2.64			22,544		157	2.79
		Total interest-bearing liabilities				121,942		250	0.82			121,865		238	0.78			123,611		267	0.87
	Noninterest-bearing deposits					31,849						29,990						27,643
	Other liabilities					7,225						7,326						6,879
	Shareholders' equity					21,188						20,125						18,737
	Total liabilities and shareholders' equity				$	182,204					$	179,306					$	176,870
	Average interest-rate spread								3.66						3.77						3.78
	Net interest income/ net interest margin						$	1,513	3.84	%			$	1,520	3.94	%			$	1,500	3.95	%
	Taxable-equivalent adjustment						$	37					$	37					$	38
Applicable ratios are annualized.
(1)	Excludes basis adjustments for fair value hedges.
(2)	Yields are on a fully taxable-equivalent basis.
(3)	Includes securities available for sale and securities held to maturity.

14

BB&T Corporation
Average Balances and Rates - Year-To-Date
(Dollars in millions)
					Year-to-Date
					June 30, 2013						June 30, 2012
					(1)		Interest		(2)		(1)		Interest		(2)
					Average		Income/		Yields/		Average		Income/		Yields/
					Balances		Expense		Rates		Balances		Expense		Rates
Assets
	Securities, at amortized cost (3):
		U.S. government-sponsored entities (GSE)			$	4,879	$	46	1.88	%	$	938	$	7	1.49	%
		Mortgage-backed securities issued by GSE				28,169		275	1.95			31,957		334	2.09
		States and political subdivisions				1,837		53	5.80			1,858		54	5.85
		Non-agency mortgage-backed securities				294		8	5.57			374		11	5.88
		Other securities				472		3	1.46			515		4	1.67
		Covered securities				1,109		71	12.84			1,208		80	13.29
			Total securities			36,760		456	2.48			36,850		490	2.66
	Other earning assets					2,731		21	1.53			3,507		13	0.73
	Loans and leases:
		Commercial loans and leases:
			Commercial and industrial			38,139		704	3.72			36,157		728	4.05
			Commercial real estate—other			11,417		213	3.76			10,628		201	3.80
			Commercial real estate—residential ADC			1,179		25	4.22			1,867		34	3.62
		Direct retail lending				15,847		370	4.70			14,892		366	4.94
		Sales finance loans				8,181		137	3.38			7,603		157	4.15
		Revolving credit loans				2,273		96	8.49			2,176		91	8.43
		Residential mortgage loans				23,504		497	4.23			21,585		486	4.51
		Other lending subsidiaries				10,198		541	10.68			9,019		509	11.34
			Total loans and leases held for investment
				(excluding covered loans)		110,738		2,583	4.69			103,927		2,572	4.97
		Covered loans				2,995		256	17.23			4,442		424	19.18
			Total loans and leases held for investment			113,733		2,839	5.02			108,369		2,996	5.55
		Loans held for sale				3,686		61	3.35			2,713		48	3.57
			Total loans and leases			117,419		2,900	4.97			111,082		3,044	5.50
				Total earning assets		156,910		3,377	4.33			151,439		3,547	4.70
	Nonearning assets					24,687						23,981
	Total assets				$	181,597					$	175,420
Liabilities and Shareholders' Equity
	Interest-bearing deposits:
		Interest checking			$	19,720		8	0.09		$	19,812		12	0.13
		Money market and savings				48,285		33	0.14			46,112		44	0.19
		Certificates and other time deposits				28,481		123	0.87			32,073		172	1.08
		Foreign office deposits - interest-bearing				668		―	0.10			72		―	0.04
			Total interest-bearing deposits			97,154		164	0.34			98,069		228	0.47
	Fed funds purchased, repos and other borrowings					4,670		4	0.18			3,407		4	0.27
	Long-term debt					18,488		298	3.23			22,132		342	3.10
		Total interest-bearing liabilities				120,312		466	0.78			123,608		574	0.93
	Noninterest-bearing deposits					33,055						26,908
	Other liabilities					6,677						6,621
	Shareholders' equity					21,553						18,283
	Total liabilities and shareholders' equity				$	181,597					$	175,420
	Average interest-rate spread								3.55						3.77
	Net interest income/ net interest margin						$	2,911	3.73	%			$	2,973	3.94	%
	Taxable-equivalent adjustment						$	74					$	75
Applicable ratios are annualized.
(1)	Excludes basis adjustments for fair value hedges.
(2)	Yields are on a fully taxable-equivalent basis.
(3)	Includes securities available for sale and securities held to maturity.

15

BB&T Corporation
Credit Quality
(Dollars in millions)
				As of
				June 30		March 31		Dec. 31		Sept. 30		June 30
				2013		2013		2012		2012		2012
Nonperforming assets (1)
	Nonaccrual loans and leases:
		Commercial loans and leases:
			Commercial and industrial	$	457	$	533	$	546	$	597	$	620
			Commercial real estate—other		181		188		212		259		301
			Commercial real estate—residential ADC		65		94		128		204		241
		Direct retail lending			119		127		132		134		133
		Sales finance loans			5		6		7		7		13
		Residential mortgage loans			254		255		269		266		263
		Other lending subsidiaries			68		80		86		73		76
			Total nonaccrual loans and leases held for investment		1,149		1,283		1,380		1,540		1,647
	Foreclosed real estate (2)				89		88		107		139		221
	Other foreclosed property				38		42		49		39		29
			Total nonperforming assets (excluding covered assets) (2)	$	1,276	$	1,413	$	1,536	$	1,718	$	1,897
Performing troubled debt restructurings (TDRs) (3)
		Commercial loans and leases:
			Commercial and industrial	$	59	$	54	$	77	$	66	$	62
			Commercial real estate—other		61		67		67		75		78
			Commercial real estate—residential ADC		26		24		21		25		28
		Direct retail lending			188		193		197		120		114
		Sales finance loans			17		19		19		7		7
		Revolving credit loans			53		55		56		58		58
		Residential mortgage loans (4)			726		715		769		646		636
		Other lending subsidiaries			183		162		121		77		69
			Total performing TDRs (4)(5)	$	1,313	$	1,289	$	1,327	$	1,074	$	1,052
Loans 90 days or more past due and still accruing
		Commercial loans and leases:
			Commercial and industrial	$	3	$	―	$	1	$	1	$	2
		Direct retail lending			30		34		38		41		39
		Sales finance loans			5		7		10		11		11
		Revolving credit loans			13		14		16		14		13
		Residential mortgage loans (6)(7)			68		77		92		80		78
		Other lending subsidiaries			4		6		10		5		4
			Total loans 90 days past due and still accruing (excluding covered loans) (6)(7)(8)	$	123	$	138	$	167	$	152	$	147
Loans 30-89 days past due
		Commercial loans and leases:
			Commercial and industrial	$	32	$	34	$	42	$	41	$	53
			Commercial real estate—other		10		10		12		9		16
			Commercial real estate—residential ADC		2		2		2		8		9
		Direct retail lending			123		136		145		136		119
		Sales finance loans			47		42		56		53		49
		Revolving credit loans			20		20		23		21		20
		Residential mortgage loans (9)(10)			465		529		498		501		423
		Other lending subsidiaries			241		183		290		259		218
			Total loans 30-89 days past due (excluding covered loans) (9)(10)(11)	$	940	$	956	$	1,068	$	1,028	$	907
(1)	Covered loans are considered to be performing due to the application of the accretion method. Covered loans that are contractually past due are noted in the footnotes below.
(2)	Excludes covered foreclosed real estate totaling $181 million, $232 million, $254 million, $289 million and $310 million at June 30, 2013, March 31, 2013, December 31, 2012, September 30, 2012 and June 30, 2012, respectively.
(3)	Excludes TDRs that are nonperforming totaling $211 million, $222 million, $231 million, $225 million, and $219 million at June 30, 2013, March 31, 2013, December 31, 2012, September 30, 2012 and June 30, 2012, respectively. These amounts are included in total nonperforming assets.
(4)	Excludes mortgage TDRs that are government guaranteed totaling $367 million, $338 million, $315 million, $275 million and $266 million at June 30, 2013, March 31, 2013, December 31, 2012, September 30, 2012 and June 30, 2012, respectively. Includes mortgage TDRs held for sale.
(5)	During the fourth quarter of 2012, $226 million of performing loans were classified as TDRs in connection with recent regulatory guidance related to loans discharged in bankruptcy not reaffirmed by the borrower.
(6)	Excludes mortgage loans past due 90 days or more that are government guaranteed totaling $246 million, $251 million, $254 million, $233 million and $217 million at June 30, 2013, March 31, 2013, December 31, 2012, September 30, 2012 and June 30, 2012, respectively. Includes past due mortgage loans held for sale.
(7)	Excludes mortgage loans guaranteed by GNMA that BB&T does not have the obligation to repurchase that are past due 90 days or more totaling $492 million, $514 million, $517 million, $499 million and $453 million at June 30, 2013, March 31, 2013, December 31, 2012, September 30, 2012 and June 30, 2012, respectively.
(8)	Excludes covered loans past due 90 days or more totaling $401 million, $371 million, $442 million, $476 million and $613 million at June 30, 2013, March 31, 2013, December 31, 2012, September 30, 2012 and June 30, 2012, respectively.
(9)	Excludes mortgage loans past due 30-89 days that are government guaranteed totaling $103 million, $95 million, $96 million, $95 million and $94 million at June 30, 2013, March 31, 2013, December 31, 2012, September 30, 2012 and June 30, 2012, respectively. Includes past due mortgage loans held for sale.
(10)	Excludes mortgage loans guaranteed by GNMA that BB&T does not have the obligation to repurchase that are past due 30-89 days totaling $5 million, $5 million, $5 million, $6 million and $5 million at June 30, 2013, March 31, 2013, December 31, 2012, September 30, 2012 and June 30, 2012, respectively.
(11)	Excludes covered loans past due 30-89 days totaling $102 million, $120 million, $135 million, $173 million and $199 million at June 30, 2013, March 31, 2013, December 31, 2012, September 30, 2012 and June 30, 2012, respectively.

16

BB&T Corporation
Credit Quality
(Dollars in millions)
				As of/For the Quarter Ended
				June 30			March 31		Dec. 31		Sept. 30		June 30
				2013			2013		2012		2012		2012
Allowance for credit losses
	Beginning balance			$	2,031		$	2,048	$	2,096	$	2,157	$	2,221
	Provision for credit losses (excluding covered loans)				179			247		256		244		259
	Provision for covered loans				(11)			25		(4)		―		14
	Charge-offs:
		Commercial loans and leases:
			Commercial and industrial		(70)			(91)		(98)		(84)		(92)
			Commercial real estate—other		(30)			(36)		(41)		(40)		(51)
			Commercial real estate—residential ADC		(19)			(20)		(27)		(35)		(74)
		Direct retail lending			(42)			(42)		(54)		(57)		(56)
		Sales finance loans			(5)			(6)		(7)		(5)		(7)
		Revolving credit loans			(20)			(21)		(19)		(20)		(20)
		Residential mortgage loans			(16)			(33)		(29)		(35)		(30)
		Other lending subsidiaries			(61)			(68)		(60)		(58)		(47)
		Covered loans			(2)			(14)		(5)		(2)		(12)
			Total charge-offs		(265)			(331)		(340)		(336)		(389)
	Recoveries:
		Commercial loans and leases:
			Commercial and industrial		10			7		5		4		4
			Commercial real estate—other		7			4		4		3		3
			Commercial real estate—residential ADC		3			6		8		2		23
		Direct retail lending			10			8		9		9		8
		Sales finance loans			2			2		3		2		2
		Revolving credit loans			5			5		4		5		4
		Residential mortgage loans			1			1		1		―		1
		Other lending subsidiaries			10			9		6		6		7
			Total recoveries		48			42		40		31		52
	Net charge-offs				(217)			(289)		(300)		(305)		(337)
	Ending balance			$	1,982		$	2,031	$	2,048	$	2,096	$	2,157
Allowance for credit losses
	Allowance for loan and lease losses (excluding covered loans)			$	1,775		$	1,836	$	1,890	$	1,914	$	1,987
	Allowance for covered loans				126			139		128		137		139
	Reserve for unfunded lending commitments				81			56		30		45		31
		Total		$	1,982		$	2,031	$	2,048	$	2,096	$	2,157
												As of/For the
												Six Months Ended
												June 30
												2013		2012
Allowance for credit losses
	Beginning balance										$	2,048	$	2,285
	Provision for credit losses (excluding covered loans)											426		544
	Provision for covered loans											14		17
	Charge-offs
		Commercial loans and leases
			Commercial and industrial									(161)		(155)
			Commercial real estate—other									(66)		(124)
			Commercial real estate—residential ADC									(39)		(128)
		Direct retail lending										(84)		(113)
		Sales finance loans										(11)		(14)
		Revolving credit loans										(41)		(42)
		Residential mortgage loans (1)										(49)		(72)
		Other lending subsidiaries										(129)		(107)
		Covered loans										(16)		(27)
			Total charge-offs									(596)		(782)
	Recoveries
		Commercial loans and leases
			Commercial and industrial									17		8
			Commercial real estate—other									11		6
			Commercial real estate—residential ADC									9		31
		Direct retail lending										18		18
		Sales finance loans										4		5
		Revolving credit loans										10		9
		Residential mortgage loans										2		2
		Other lending subsidiaries										19		14
			Total recoveries									90		93
	Net charge-offs											(506)		(689)
	Ending balance										$	1,982	$	2,157

17

BB&T Corporation
Credit Quality
			As of/For the Quarter Ended
			June 30		March 31		Dec. 31		Sept. 30		June 30
			2013		2013		2012		2012		2012
Asset Quality Ratios (including covered assets)
	Loans 30-89 days past due and still accruing as a
		percentage of total loans and leases (1)(2)	0.88	%	0.91	%	1.02	%	1.02	%	0.97	%
	Loans 90 days or more past due and still accruing
		as a percentage of total loans and leases (1)(2)	0.44		0.43		0.52		0.53		0.67
	Nonperforming loans and leases as a
		percentage of total loans and leases	0.97		1.09		1.17		1.31		1.45
	Nonperforming assets as a percentage of:
		Total assets	0.80		0.91		0.97		1.10		1.24
		Loans and leases plus foreclosed property	1.23		1.39		1.51		1.70		1.93
	Net charge-offs as a percentage of average loans and leases		0.74		1.00		1.02		1.05		1.21
	Allowance for loan and lease losses as a percentage of
		loans and leases held for investment	1.64		1.73		1.76		1.80		1.91
	Ratio of allowance for loan and lease losses to:
		Net charge-offs	2.18	X	1.69	X	1.69	X	1.69	X	1.57	X
		Nonperforming loans and leases held for investment	1.66		1.54		1.46		1.33		1.29
Asset Quality Ratios (excluding covered assets) (3)
	Loans 30-89 days past due and still accruing as a
		percentage of total loans and leases (1)(2)	0.81	%	0.83	%	0.93	%	0.90	%	0.83	%
	Loans 90 days or more past due and still accruing
		as a percentage of total loans and leases (1)(2)	0.11		0.12		0.15		0.13		0.13
	Nonperforming loans and leases as a
		percentage of total loans and leases	0.99		1.12		1.20		1.35		1.50
	Nonperforming assets as a percentage of:
		Total assets	0.71		0.80		0.85		0.97		1.09
		Loans and leases plus foreclosed property	1.10		1.23		1.33		1.51		1.72
	Net charge-offs as a percentage of average loans and leases		0.75		0.98		1.04		1.08		1.22
	Allowance for loan and lease losses as a percentage of
		loans and leases held for investment	1.57		1.65		1.70		1.73		1.86
	Ratio of allowance for loan and lease losses to:
		Net charge-offs	2.07	X	1.65	X	1.60	X	1.59	X	1.52	X
		Nonperforming loans and leases held for investment	1.55		1.43		1.37		1.24		1.21
									As of/For the
									Six Months Ended
									June 30
									2013		2012
Asset Quality Ratios
	Including covered loans:
		Net charge-offs as a percentage of average loans and leases							0.87	%	1.25	%
		Ratio of allowance for loan and lease losses to net charge-offs							1.87	X	1.53	X
	Excluding covered loans:
		Net charge-offs as a percentage of average loans and leases							0.86	%	1.25	%
		Ratio of allowance for loan and lease losses to net charge-offs							1.80	X	1.49	X
Applicable ratios are annualized.
(1)	Excludes mortgage loans guaranteed by GNMA that BB&T does not have the obligation to repurchase. Refer to the footnotes in the Credit Quality section of this supplement for amounts related to these loans.
(2)	Excludes mortgage loans guaranteed by the government. Refer to the footnotes in the Credit Quality section of this supplement for amounts related to these loans.
(3)	These asset quality ratios have been adjusted to remove the impact of covered loans and covered foreclosed property.  Appropriate adjustments to the numerator and denominator have been reflected in the calculation of these ratios.  Management believes the inclusion of covered loans in certain asset quality ratios that include nonperforming assets, past due loans or net charge-offs in the numerator or denominator results in distortion of these ratios and they may not be comparable to other periods presented or to other portfolios that were not impacted by purchase accounting.

18

BB&T Corporation
Credit Quality - Supplemental Information
(Dollars in millions)
			As of June 30, 2013
											Past Due 30-89						Past Due 90+
			Current Status								Days						Days								Total
Performing TDRs: (1)
	Commercial loans:
		Commercial and industrial	$	59		100.0		%			$	―		―		%	$		―		―		%		$	59
		Commercial real estate—other		61		100.0						―		―					―		―					61
		Commercial real estate—residential ADC		26		100.0						―		―					―		―					26
	Direct retail lending			176		93.6						10		5.3					2		1.1					188
	Sales finance loans			16		94.1						1		5.9					―		―					17
	Revolving credit loans			43		81.1						5		9.5					5		9.4					53
	Residential mortgage loans (2)			611		84.2						99		13.6					16		2.2					726
	Other lending subsidiaries			158		86.3						25		13.7					―		―					183
		Total performing TDRs		1,150		87.6						140		10.7					23		1.7					1,313
Nonperforming TDRs (3)				56		26.5						25		11.9					130		61.6					211
		Total TDRs (2)	$	1,206		79.2		%			$	165		10.8		%	$		153		10.0		%		$	1,524
					Quarter Ended
					June 30				March 31						Dec. 31					Sept. 30				June 30
					2013				2013						2012					2012				2012
Net charge-offs as a percentage of average loans and leases:
	Commercial loans and leases:
		Commercial and industrial			0.63		%		0.89				%		0.97			%		0.85		%		0.97			%
		Commercial real estate—other			0.78				1.16						1.37					1.37				1.84
		Commercial real estate—residential ADC			5.66				4.40						5.36					8.40				11.74
	Direct retail lending				0.79				0.87						1.13					1.24				1.27
	Sales finance loans				0.10				0.20						0.20					0.16				0.24
	Revolving credit loans				2.64				2.93						2.65					2.63				3.05
	Residential mortgage loans				0.27				0.55						0.47					0.59				0.53
	Other lending subsidiaries				1.98				2.42						2.16					2.04				1.74
	Covered loans				0.41				1.77						0.50					0.28				1.11
		Total loans and leases (4)			0.74				1.00						1.02					1.05				1.21
		Total loans and leases, excluding covered loans (4)			0.75				0.98						1.04					1.08				1.22
																				Year-to-date
																				June 30				June 30
																				2013				2012
Net charge-offs as a percentage of average loans and leases
	Commercial loans and leases
	Commercial and industrial																			0.76		%		0.82			%
	Commercial real estate—other																			0.97				2.24
	Commercial real estate—residential ADC																			5.00				10.48
Direct retail lending																				0.83				1.27
Sales finance loans																				0.15				0.24
Revolving credit loans																				2.79				3.09
Residential mortgage loans																				0.41				0.65
Other lending subsidiaries																				2.19				2.08
Covered loans																				1.12				1.20
Total loans and leases (4)																				0.87				1.25
Total loans and leases, excluding covered loans (4)																				0.86				1.25
Applicable ratios are annualized.
(1)	Past due performing TDRs are included in past due disclosures.
(2)	Excludes mortgage TDRs that are government guaranteed totaling $367 million.
(3)	Nonperforming TDRs are included in nonaccrual loan disclosures.
(4)	Total loans and leases includes loans held for sale.

19

BB&T Corporation
Capital Information - Five Quarter Trend
(Dollars in millions, except per share data, shares in thousands)
				As of / Quarter Ended
			June 30			March 31			Dec. 31			Sept. 30			June 30
			2013			2013			2012			2012			2012
Selected Capital Information (1)
	Risk-based capital:
		Tier 1	$	15,397		$	14,432		$	14,373		$	13,593		$	12,383
		Total		19,237			18,296			18,243			17,638			16,527
	Risk-weighted assets (2)			136,202			133,944			134,451			133,545			129,661
	Average quarterly tangible assets			174,865			174,214			175,015			172,100			170,042
	Risk-based capital ratios:
		Tier 1		11.3	%		10.8	%		10.7	%		10.2	%		9.6	%
		Total		14.1			13.7			13.6			13.2			12.7
	Leverage capital ratio			8.8			8.3			8.2			7.9			7.3
	Equity as a percentage of total assets			12.0			11.7			11.5			11.3			10.6
	Book value per common share		$	27.51		$	27.15		$	27.21		$	26.88		$	26.19
Selected non-GAAP Capital Information (3)
	Tier 1 common equity as a percentage of tangible assets			7.3	%		7.1	%		6.9	%		6.8	%		6.9	%
	Tier 1 common equity as a percentage of risk-weighted assets			9.4			9.2			9.1			8.9			9.1
	Tangible book value per common share		$	18.20		$	17.56		$	17.52		$	17.02		$	16.92
Calculations of Tier 1 common equity and tangible assets and related measures: (3)
Tier 1 equity			$	15,397		$	14,432		$	14,373		$	13,593		$	12,383
Less:
	Preferred stock			2,603			2,116			2,116			1,679			559
	Qualifying restricted core capital elements			―			―			―			5			―
Tier 1 common equity			$	12,794		$	12,316		$	12,257		$	11,909		$	11,824
Total assets			$	182,735		$	180,837		$	183,872		$	182,021		$	178,529
Less:
	Intangible assets, net of deferred taxes			7,234			7,264			7,273			7,239			6,950
Plus:
	Regulatory adjustments, net of deferred taxes			600			275			212			81			239
Tangible assets			$	176,101		$	173,848		$	176,811		$	174,863		$	171,818
Total risk-weighted assets (2)			$	136,202		$	133,944		$	134,451		$	133,545		$	129,661
Tier 1 common equity as a percentage of tangible assets				7.3	%		7.1	%		6.9	%		6.8	%		6.9	%
Tier 1 common equity as a percentage of risk-weighted assets				9.4			9.2			9.1			8.9			9.1
Tier 1 common equity			$	12,794		$	12,316		$	12,257		$	11,909		$	11,824
Outstanding shares at end of period (in thousands)				702,995			701,440			699,728			699,541			698,795
Tangible book value per common share			$	18.20		$	17.56		$	17.52		$	17.02		$	16.92
(1)	Regulatory capital information is preliminary.
(2)	Risk-weighted assets are determined based on regulatory capital requirements.  Under the regulatory framework for determining risk-weighted assets each asset class is assigned a risk-weighting of 0%, 20%, 50% or 100% based on the underlying risk of the specific asset class.  In addition, off-balance sheet exposures are first converted to a balance sheet equivalent amount and subsequently assigned to one of the four risk-weightings.
(3)	Tier 1 common equity and related ratios are non-GAAP measures.  BB&T uses the Tier 1 common equity definition used in the SCAP assessment to calculate these ratios.  BB&T's management uses these measures to assess the quality of capital and believes that investors may find them useful in their analysis of the Corporation.  These capital measures are not necessarily comparable to similar capital measures that may be presented by other companies.

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BB&T Corporation
Selected Items & Additional Information
(Dollars in millions, except per share data)
													Favorable (Unfavorable)
Selected Items													Pre-Tax			After-Tax
Second Quarter 2013
	None												$	N/A		$	N/A
First Quarter 2013
	Income tax adjustment			Provision for income taxes										N/A			(281)
Fourth Quarter 2012
	None													N/A			N/A
Third Quarter 2012
	Mortgage repurchase expense adjustments (1)			Loan-related expense										(28)			(17)
Second Quarter 2012
	Leveraged lease tax benefit			Provision for income taxes										N/A			12
First Quarter 2012
	Tax related items, net (2)			Other noninterest income										(42)			(50)
	Leveraged lease write-downs			Other noninterest expense										(15)			(10)
				As of / Quarter Ended
				June 30			March 31			Dec. 31			Sept. 30			June 30
				2013			2013			2012			2012			2012
Selected Mortgage Banking Information
	Income statement impact of mortgage servicing rights valuation:
		MSRs fair value increase (decrease)		$	101		$	56		$	35		$	(29)		$	(132)
		MSRs hedge gains (losses)			(86)			(46)			(20)			49			152
			Net	$	15		$	10		$	15		$	20		$	20
	Residential mortgage loan originations			$	9,260		$	8,665		$	8,570		$	8,234		$	8,045
	Residential mortgage servicing portfolio (3):
		Loans serviced for others			80,846			76,830			73,769			72,343			71,389
		Bank-owned loans serviced			26,211			26,962			27,593			27,289			26,269
			Total servicing portfolio		107,057			103,792			101,362			99,632			97,658
	Weighted-average coupon rate				4.32	%		4.45	%		4.59	%		4.71	%		4.81	%
	Weighted-average servicing fee				0.306			0.312			0.319			0.322			0.327
Selected Miscellaneous Information
	Derivatives notional amount			$	64,111		$	75,702		$	72,796		$	81,049		$	76,592
	Fair value of derivatives				(21)			(85)			13			(47)			(52)
	Accumulated comprehensive income related to securities,
		net of tax (4)			(81)			255			329			357			216
	Common stock prices:
		High			34.37			31.78			33.89			34.37			32.74
		Low			29.18			29.83			26.86			30.41			27.40
		End of period			33.88			31.39			29.11			33.16			30.85
	Banking offices				1,851			1,842			1,832			1,851			1,774
	ATMs				2,885			2,851			2,826			2,750			2,511
	FTEs				33,869			33,952			33,981			34,006			32,998
(1)	Related to better identification of unrecoverable costs associated with investor-owned loans.
(2)	Includes write-downs of investments in affordable housing and other tax adjustments.
(3)	Amounts reported are unpaid principal balance.
(4)	Includes the impact of the FDIC loss sharing agreements on the covered securities.

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BB&T Corporation
Non-GAAP Reconciliations
(Dollars in millions, except per share data, shares in thousands)
					Quarter Ended
					June 30					March 31					Dec. 31					Sept. 30				June 30
Efficiency and Fee Income Ratios (1)					2013					2013					2012					2012				2012
Efficiency ratio - GAAP					59.9			%		57.5		%			58.8		%			61.6		%		57.9		%
	Effect of securities gains (losses), net				0.5					0.5					―					―				―
	Effect of merger-related and restructuring charges, net				(1.1)					(0.2)					(0.5)					(1.7)				(0.1)
	Effect of mortgage repurchase expense adjustments				―					―					―					(1.1)				―
	Effect of FDIC loss share accounting				(0.2)					0.5					(0.1)					―				0.2
	Effect of foreclosed property expense				(0.5)					(0.8)					(1.9)					(2.2)				(2.9)
	Effect of amortization of intangibles				(1.0)					(1.1)					(1.0)					(1.4)				(1.2)
Efficiency ratio - reported					57.6					56.4					55.3					55.2				53.9
Fee income ratio - GAAP					41.9			%		40.7		%			40.3		%			38.8		%		39.2		%
	Effect of securities gains (losses), net				(0.5)					(0.5)					―					―				―
	Effect of FDIC loss share accounting				3.2					2.7					3.8					3.6				3.2
Fee income ratio - reported					44.6					42.9					44.1					42.4				42.4
																				Year-to-Date June 30
																				2013				2012
Efficiency ratio - GAAP																				58.7		%		58.4		%
	Effect of securities gains (losses), net																			0.5				(0.1)
	Effect of merger-related and restructuring charges, net																			(0.6)				(0.3)
	Effect of FDIC loss share accounting																			0.1				0.2
	Effect of affordable housing investments write-down																			―				(0.5)
	Effect of foreclosed property expense																			(0.6)				(3.4)
	Effect of leveraged lease sale/write-downs																			―				(0.3)
	Effect of amortization of intangibles																			(1.1)				(1.0)
Efficiency ratio - reported																				57.0				53.0
Fee income ratio - GAAP																				41.3		%		38.2		%
	Effect of securities gains (losses), net																			(0.5)				0.1
	Effect of affordable housing investments write-down																			―				0.5
	Effect of FDIC loss share accounting																			3.0				2.9
Fee income ratio - reported																				43.8				41.7
				Quarter Ended
			June 30				March 31						Dec. 31					Sept. 30					June 30
Return on Average Tangible Common Shareholders' Equity (2)			2013				2013						2012					2012					2012
Net income available to common shareholders			$	547			$		210				$	506				$	469				$		510
Plus: Amortization of intangibles, net of tax				17					17					17					19						18
Tangible net income available to common shareholders			$	564			$		227				$	523				$	488				$		528
Average common shareholders' equity			$	19,293			$		19,138				$	19,160				$	18,757				$		18,302
Less: Average intangible assets				7,456					7,464					7,463					7,341						7,031
Average tangible common shareholders' equity			$	11,837			$		11,674				$	11,697				$	11,416				$		11,271
Return on average tangible common shareholders' equity				19.12		%			7.87		%			17.80		%			17.01		%				18.85	%
													Quarter Ended March 31, 2013
Certain Performance Measures (1)													As Reported					Tax Adjustment					Excluding Tax Adjustment
Net income available to common shareholders													$	210				$	281				$		491
Weighted average number of diluted common shares														711,020					―						711,020
Diluted EPS													$	0.29									$		0.69
Net income													$	256				$	281				$		537
Average assets														181,358					100						181,458
Return on average assets														0.57		%									1.20	%
Net income													$	256				$	281				$		537
Average risk-weighted assets														134,198					100						134,298
Return on average risk-weighted  assets														0.77		%									1.62	%
Net income available to common shareholders													$	210				$	281				$		491
Average common shareholders' equity														19,138					100						19,238
Return on average common shareholders' equity														4.44		%									10.34	%
Tangible net income available to common shareholders													$	227				$	281				$		508
Average tangible common shareholders' equity														11,674					100						11,774
Return on average tangible common shareholders' equity														7.87		%									17.48	%
																							June 30
Basel III Common Equity Tier 1 Ratio (3)																							2013
Tier 1 common equity under Basel 1																							$		12,794
Adjustments:
		Other comprehensive income related to AFS securities and defined benefit pension and other OPEB plans																							―
		Other adjustments																							62
Common equity Tier 1 under Basel III definition																							$		12,856
Estimated risk-weighted assets under Basel III definition																							$		143,541
Basel III common equity Tier 1 ratio																									9.0	%
(1)		BB&T's management uses these measures in their analysis of the Corporation's performance and believes these measures provide a greater understanding of ongoing operations and enhance comparability of results with prior periods, as well as demonstrating the effects of significant gains and charges.
(2)		BB&T's management believes investors use this measure to evaluate the return on average common shareholders' equity without the impact of intangible assets and their related amortization.
(3)		Regulatory capital information is preliminary.

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