Truist Financial (TFC) 8-K BB&T’s first quarter EPS totals $0.69

Exhibit 99.2

BB&T Corporation

Quarterly Performance Summary

First Quarter 2014

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	6
Consolidated Balance Sheets	8
Consolidated Balance Sheets - Five Quarter Trend	9
Average Balance Sheets	10
Average Balance Sheets - Five Quarter Trend	11
Average Balances and Rates - Quarters	12
Credit Quality	14
Credit Quality - Supplemental Information	17
Preliminary Capital Information - Five Quarter Trend	18
Selected Items & Additional Information	19
Non-GAAP Reconciliations	20

BB&T Corporation
Financial Highlights
(Dollars in millions, except per share data, shares in thousands)
		Year-to-Date
		March 31,						%
		2014			2013			Change
Summary Income Statement
Interest income		$	1,582		$	1,697		(6.8)	%
Interest expense			199			238		(16.4)
	Net interest income - taxable equivalent		1,383			1,459		(5.2)
Less:  Taxable-equivalent adjustment			36			37		(2.7)
	Net interest income		1,347			1,422		(5.3)
Provision for credit losses			60			272		(77.9)
	Net interest income after provision for credit losses		1,287			1,150		11.9
Noninterest income			911			1,001		(9.0)
Noninterest expense			1,403			1,414		(0.8)
Income before income taxes			795			737		7.9
Provision for income taxes			217			481		(54.9)
	Net income		578			256		125.8
Noncontrolling interests			40			16		150.0
Preferred stock dividends			37			30		23.3
	Net income available to common shareholders		501			210		138.6
Per Common Share Data
Earnings:
	Basic	$	0.70		$	0.30		133.3	%
	Diluted		0.69			0.29		137.9
Cash dividends declared			0.23			0.23		―
Common equity			29.03			27.15		6.9
Tangible common equity (1)			18.77			16.50		13.8
End of period shares outstanding			718,497			701,440		2.4
Weighted average shares:
	Basic		712,842			700,275		1.8
	Diluted		724,283			711,020		1.9
Performance Ratios
Return on average assets			1.29	%		0.57	%
Return on average risk-weighted assets			1.71			0.76
Return on average common shareholders' equity			9.87			4.44
Return on average tangible common shareholders' equity (2)			15.81			7.87
Net interest margin - taxable equivalent			3.52			3.76
Fee income ratio (3)			43.2			42.9
Efficiency ratio (3)			59.3			56.4
Credit Quality (including covered assets)
Nonperforming assets as a percentage of:
	Total assets		0.59	%		0.91	%
	Loans and leases plus foreclosed property		0.92			1.39
Net charge-offs as a percentage of average
	loans and leases		0.56			1.00
Allowance for loan and lease losses as a percentage
	of loans and leases held for investment		1.41			1.73
Ratio of allowance for loan and lease losses to
	nonperforming loans and leases held for investment		1.82	X		1.54	X
Average Balances
Total assets		$	182,397		$	182,013		0.2	%
Total securities (4)			40,117			36,801		9.0
Loans and leases			116,372			116,981		(0.5)
Deposits			125,718			130,437		(3.6)
Common shareholders' equity			20,610			19,138		7.7
Shareholders' equity			23,264			21,315		9.1
Period-End Balances
Total assets		$	184,651		$	181,504		1.7	%
Total securities (4)			41,308			37,289		10.8
Loans and leases			117,632			117,628		―
Deposits			127,476			131,352		(3.0)
Common shareholders' equity			20,859			19,048		9.5
Shareholders' equity			23,556			21,229		11.0
Capital Ratios - Preliminary
Risk-based:
	Tier 1 common equity to risk-weighted assets (1)		10.2	%		9.1	%
	Tier 1		12.1			10.6
	Total		14.6			13.5
	Basel III common equity Tier 1, estimated (1)		10.0			8.8
Leverage			9.5			8.3
Tangible common equity to tangible assets (1)			7.6			6.7
Applicable ratios are annualized.
(1)	Tangible common equity per common share, tangible common equity to tangible assets, Tier 1 common equity to risk-weighted assets and Basel III common equity Tier 1 ratios are non-GAAP measures.  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.
(4)	Excludes trading securities. 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.

1

BB&T Corporation
Financial Highlights - Five Quarter Trend
(Dollars in millions, except per share data, shares in thousands)
		Quarter Ended
		March 31			Dec. 31			Sept. 30			June 30			March 31
		2014			2013			2013			2013			2013
Summary Income Statement
Interest income		$	1,582		$	1,601		$	1,676		$	1,680		$	1,697
Interest expense			199			204			222			228			238
	Net interest income - taxable equivalent		1,383			1,397			1,454			1,452			1,459
Less:  Taxable-equivalent adjustment			36			35			37			37			37
	Net interest income		1,347			1,362			1,417			1,415			1,422
Provision for credit losses			60			60			92			168			272
	Net interest income after provision for credit losses		1,287			1,302			1,325			1,247			1,150
Noninterest income			911			985			905			1,046			1,001
Noninterest expense			1,403			1,456			1,471			1,496			1,414
Income before income taxes			795			831			759			797			737
Provision for income taxes			217			243			450			221			481
	Net income		578			588			309			576			256
Noncontrolling interests			40			14			4			16			16
Preferred stock dividends			37			37			37			13			30
	Net income available to common shareholders		501			537			268			547			210
Per Common Share Data
Earnings:
	Basic	$	0.70		$	0.76		$	0.38		$	0.78		$	0.30
	Diluted		0.69			0.75			0.37			0.77			0.29
Cash dividends declared			0.23			0.23			0.23			0.23			0.23
Common equity			29.03			28.52			27.59			27.51			27.15
Tangible common equity (1)			18.77			18.08			17.06			16.92			16.50
End of period shares outstanding (in thousands)			718,497			706,620			704,925			702,995			701,440
Weighted average shares (in thousands):
	Basic		712,842			705,485			704,134			702,082			700,275
	Diluted		724,283			717,671			716,101			712,861			711,020
Performance Ratios
Return on average assets			1.29	%		1.30	%		0.68	%		1.27	%		0.57	%
Return on average risk-weighted assets			1.71			1.70			0.89			1.68			0.76
Return on average common shareholders' equity			9.87			10.85			5.44			11.39			4.44
Return on average tangible common shareholders' equity (2)			15.81			17.91			9.33			19.12			7.87
Net interest margin - taxable equivalent			3.52			3.56			3.68			3.70			3.76
Fee income ratio (3)			43.2			43.5			41.6			44.6			42.9
Efficiency ratio (3)			59.3			59.9			60.1			57.6			56.4
Credit Quality (including covered assets)
Nonperforming assets as a percentage of:
	Total assets		0.59	%		0.64	%		0.72	%		0.79	%		0.91	%
	Loans and leases plus foreclosed property		0.92			1.00			1.10			1.23			1.39
Net charge-offs as a percentage of average
	loans and leases		0.56			0.48			0.48			0.74			1.00
Allowance for loan and lease losses as a percentage
	of loans and leases held for investment		1.41			1.49			1.59			1.64			1.73
Ratio of allowance for loan and lease losses to
	nonperforming loans and leases held for investment		1.82	X		1.85	X		1.78	X		1.66	X		1.54	X
Average Balances
Total assets		$	182,397		$	179,534		$	181,021		$	182,508		$	182,013
Total securities (4)			40,117			37,022			36,547			36,719			36,801
Loans and leases			116,372			117,001			118,265			117,852			116,981
Deposits			125,718			125,906			127,948			129,983			130,437
Common shareholders' equity			20,610			19,657			19,491			19,293			19,138
Total shareholders' equity			23,264			22,305			22,139			21,789			21,315
Period-End Balances
Total assets		$	184,651		$	183,010		$	181,708		$	183,392		$	181,504
Total securities (4)			41,308			40,205			36,394			38,228			37,289
Loans and leases			117,632			117,139			118,582			118,282			117,628
Deposits			127,476			127,475			127,484			131,079			131,352
Common shareholders' equity			20,859			20,156			19,446			19,337			19,048
Shareholders' equity			23,556			22,809			22,094			21,996			21,229
Capital Ratios - Preliminary
Risk-based:
	Tier 1 common equity to risk-weighted assets (1)		10.2	%		9.9	%		9.4	%		9.3	%		9.1	%
	Tier 1		12.1			11.8			11.3			11.1			10.6
	Total		14.6			14.3			13.9			13.9			13.5
	Basel III common equity Tier 1, estimated (1)		10.0			9.7			9.2			9.0			8.8
Leverage			9.5			9.3			9.0			8.8			8.3
Tangible common equity to tangible assets (1)			7.6			7.3			6.9			6.8			6.7
Applicable ratios are annualized.
(1)	Tangible common equity per share, tangible common equity to tangible assets, Tier 1 common equity to risk-weighted assets and Basel III common equity Tier 1 ratios are non-GAAP measures.  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, the gain on sale of subsidiary and other selected items as detailed in the Selected Items & Additional Information section of this supplement. See the Non-GAAP Reconciliations section.
(4)	Excludes trading securities. 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.

2

BB&T Corporation
Consolidated Statements of Income
(Dollars in millions, except per share data, shares in thousands)
				Year-to-Date
				March 31				Change
				2014		2013		$		%
Interest Income
	Interest and fees on loans and leases			$	1,295	$	1,433	$	(138)	(9.6)	%
	Interest and dividends on securities				236		215		21	9.8
	Interest on other earning assets				15		11		4	36.4
		Total interest income			1,546		1,659		(113)	(6.8)
Interest Expense
	Interest on deposits				60		86		(26)	(30.2)
	Interest on short-term borrowings				1		1		―	―
	Interest on long-term debt				138		150		(12)	(8.0)
		Total interest expense			199		237		(38)	(16.0)
Net interest income					1,347		1,422		(75)	(5.3)
	Provision for credit losses				60		272		(212)	(77.9)
Net interest income after provision for credit losses					1,287		1,150		137	11.9
Noninterest income
	Insurance income				427		365		62	17.0
	Service charges on deposits				143		138		5	3.6
	Mortgage banking income				74		180		(106)	(58.9)
	Investment banking and brokerage fees and commissions				88		94		(6)	(6.4)
	Bankcard fees and merchant discounts				62		59		3	5.1
	Trust and investment advisory revenues				54		48		6	12.5
	Checkcard fees				47		47		―	―
	Income from bank-owned life insurance				27		28		(1)	(3.6)
	FDIC loss share income, net				(84)		(59)		(25)	42.4
	Securities gains (losses), net				2		23		(21)	(91.3)
	Other income				71		78		(7)	(9.0)
		Total noninterest income			911		1,001		(90)	(9.0)
Noninterest Expense
	Personnel expense				782		817		(35)	(4.3)
	Occupancy and equipment expense				176		171		5	2.9
	Loan-related expense				69		58		11	19.0
	Professional services				33		36		(3)	(8.3)
	Software expense				43		38		5	13.2
	Regulatory charges				29		35		(6)	(17.1)
	Amortization of intangibles				23		27		(4)	(14.8)
	Foreclosed property expense				9		18		(9)	(50.0)
	Merger-related and restructuring charges, net				8		5		3	60.0
	Other expense				231		209		22	10.5
		Total noninterest expense			1,403		1,414		(11)	(0.8)
Earnings
	Income before income taxes				795		737		58	7.9
	Provision for income taxes				217		481		(264)	(54.9)
		Net Income			578		256		322	125.8
	Noncontrolling interests				40		16		24	150.0
	Preferred stock dividends				37		30		7	23.3
		Net income available to common shareholders		$	501	$	210	$	291	138.6	%
Earnings Per Common Share
		Basic		$	0.70	$	0.30	$	0.40	133.3	%
		Diluted			0.69		0.29		0.40	137.9
Weighted Average Shares Outstanding
		Basic			712,842		700,275		12,567	1.8
		Diluted			724,283		711,020		13,263	1.9

3

BB&T Corporation
Consolidated Statements of Income - Five Quarter Trend
(Dollars in millions, except per share data, shares in thousands)
			Quarter Ended
			March 31		Dec. 31		Sept. 30		June 30		March 31
			2014		2013		2013		2013		2013
Interest Income
	Interest and fees on loans and leases		$	1,295	$	1,341	$	1,411	$	1,418	$	1,433
	Interest and dividends on securities			236		220		221		215		215
	Interest on other earning assets			15		5		7		10		11
		Total interest income		1,546		1,566		1,639		1,643		1,659
Interest Expense
	Interest on deposits			60		65		72		78		86
	Interest on short-term borrowings			1		1		1		3		1
	Interest on long-term debt			138		138		149		147		150
		Total interest expense		199		204		222		228		237
Net interest income				1,347		1,362		1,417		1,415		1,422
	Provision for credit losses			60		60		92		168		272
Net interest income after provision for credit losses				1,287		1,302		1,325		1,247		1,150
Noninterest income
	Insurance income			427		371		355		426		365
	Service charges on deposits			143		151		152		143		138
	Mortgage banking income			74		100		117		168		180
	Investment banking and brokerage fees and commissions			88		101		89		99		94
	Bankcard fees and merchant discounts			62		65		67		65		59
	Trust and investment advisory revenues			54		52		51		49		48
	Checkcard fees			47		50		51		51		47
	Income from bank-owned life insurance			27		32		27		26		28
	FDIC loss share income, net			(84)		(75)		(74)		(85)		(59)
	Securities gains (losses), net			2		5		―		23		23
	Other income			71		133		70		81		78
		Total noninterest income		911		985		905		1,046		1,001
Noninterest Expense
	Personnel expense			782		827		805		844		817
	Occupancy and equipment expense			176		174		177		170		171
	Loan-related expense			69		64		70		63		58
	Professional services			33		46		60		47		36
	Software expense			43		43		39		38		38
	Regulatory charges			29		33		40		35		35
	Amortization of intangibles			23		26		26		27		27
	Foreclosed property expense			9		11		14		12		18
	Merger-related and restructuring charges, net			8		10		4		27		5
	Other expense			231		222		236		233		209
		Total noninterest expense		1,403		1,456		1,471		1,496		1,414
Earnings
	Income before income taxes			795		831		759		797		737
	Provision for income taxes			217		243		450		221		481
		Net Income		578		588		309		576		256
	Noncontrolling interests			40		14		4		16		16
	Preferred stock dividends			37		37		37		13		30
		Net income available to common shareholders	$	501	$	537	$	268	$	547	$	210
Earnings Per Common Share
		Basic	$	0.70	$	0.76	$	0.38	$	0.78	$	0.30
		Diluted		0.69		0.75		0.37		0.77		0.29
Weighted Average Shares Outstanding
		Basic		712,842		705,485		704,134		702,082		700,275
		Diluted		724,283		717,671		716,101		712,861		711,020

4

BB&T Corporation
Lines of Business Financial Performance (1)(2)
Quarter Ended March 31, 2014 and 2013
(Dollars in millions)
								Residential						Dealer
		Community Banking						Mortgage Banking						Financial Services						Specialized Lending
		March 31		March 31		Percent		March 31		March 31		Percent		March 31		March 31		Percent		March 31		March 31		Percent
		2014		2013		Change		2014		2013		Change		2014		2013		Change		2014		2013		Change
Net interest income (expense)		$	424	$	422	0.5	%	$	378	$	401	(5.7)	%	$	202	$	205	(1.5)	%	$	138	$	174	(20.7)	%
Net intersegment interest income
	(expense)		299		353	(15.3)			(251)		(254)	(1.2)			(38)		(41)	(7.3)			(34)		(32)	6.3
Segment net interest income			723		775	(6.7)			127		147	(13.6)			164		164	―			104		142	(26.8)
Allocated provision for credit
	losses		16		117	(86.3)			(20)		(7)	185.7			73		67	9.0			9		51	(82.4)
Noninterest income			295		287	2.8			60		161	(62.7)			1		1	―			49		52	(5.8)
Intersegment net referral fees
	(expense)		26		54	(51.9)			1		―	NM			―		―	―			―		―	―
Noninterest expense			394		425	(7.3)			86		78	10.3			29		26	11.5			51		64	(20.3)
Amortization of intangibles			8		10	(20.0)			―		―	―			―		―	―			1		1	―
Allocated corporate expenses			284		260	9.2			21		16	31.3			7		7	―			14		16	(12.5)
Income (loss) before income taxes			342		304	12.5			101		221	(54.3)			56		65	(13.8)			78		62	25.8
Provision (benefit) for income
	taxes		125		111	12.6			38		84	(54.8)			21		25	(16.0)			19		12	58.3
Segment net income (loss)		$	217	$	193	12.4		$	63	$	137	(54.0)		$	35	$	40	(12.5)		$	59	$	50	18.0
Identifiable assets (period end)		$	55,288	$	55,690	(0.7)		$	36,050	$	36,965	(2.5)		$	11,823	$	10,566	11.9		$	16,146	$	16,653	(3.0)
														Other, Treasury						Total BB&T
		Insurance Services						Financial Services						& Corporate (3)						Corporation
		March 31		March 31		Percent		March 31		March 31		Percent		March 31		March 31		Percent		March 31		March 31		Percent
		2014		2013		Change		2014		2013		Change		2014		2013		Change		2014		2013		Change
Net interest income (expense)		$	―	$	1	(100.0)	%	$	40	$	35	14.3	%	$	165	$	184	(10.3)	%	$	1,347	$	1,422	(5.3)	%
Net intersegment interest income
	(expense)		1		1	―			66		80	(17.5)			(43)		(107)	(59.8)			―		―	―
Segment net interest income			1		2	(50.0)			106		115	(7.8)			122		77	58.4			1,347		1,422	(5.3)
Allocated provision for credit
	losses		―		―	―			―		9	(100.0)			(18)		35	(151.4)			60		272	(77.9)
Noninterest income			431		366	17.8			177		176	0.6			(102)		(42)	142.9			911		1,001	(9.0)
Intersegment net referral fees
	(expense)		―		―	―			6		8	(25.0)			(33)		(62)	(46.8)			―		―	―
Noninterest expense			303		288	5.2			149		152	(2.0)			368		354	4.0			1,380		1,387	(0.5)
Amortization of intangibles			13		15	(13.3)			1		1	―			―		―	―			23		27	(14.8)
Allocated corporate expenses			17		15	13.3			30		24	25.0			(373)		(338)	10.4			―		―	―
Income (loss) before income taxes			99		50	98.0			109		113	(3.5)			10		(78)	(112.8)			795		737	7.9
Provision (benefit) for income
	taxes		24		15	60.0			41		42	(2.4)			(51)		192	(126.6)			217		481	(54.9)
Segment net income (loss)		$	75	$	35	114.3		$	68	$	71	(4.2)		$	61	$	(270)	(122.6)		$	578	$	256	125.8
Identifiable assets (period end)		$	3,070	$	3,160	(2.8)		$	10,883	$	9,834	10.7		$	51,391	$	48,636	5.7		$	184,651	$	181,504	1.7
(1)	Lines of business results are preliminary.
(2)	During the first quarter of 2014, approximately $8.3 billion of home equity loans were transferred from Community Banking to Residential Mortgage Banking based on a change in how these loans will be managed as a result of new qualified mortgage regulations. Prior period segment data has been reclassified to conform to the current presentation.
(3)	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 - Five Quarter Trend (1)(2)
(Dollars in millions)
			Quarter Ended
Community Banking			March 31		Dec. 31		Sept. 30		June 30		March 31
			2014		2013		2013		2013		2013
Net interest income (expense)			$	424	$	432	$	431	$	427	$	422
Net intersegment interest income (expense)				299		318		326		339		353
	Segment net interest income			723		750		757		766		775
Allocated provision for credit losses				16		8		46		108		117
Noninterest income				295		311		321		310		287
Intersegment net referral fees (expense)				26		31		42		51		54
Noninterest expense				394		413		409		445		425
Amortization of intangibles				8		8		9		9		10
Allocated corporate expenses				284		261		260		260		260
	Income (loss) before income taxes			342		402		396		305		304
	Provision (benefit) for income taxes			125		148		146		111		111
		Segment net income (loss)	$	217	$	254	$	250	$	194	$	193
Identifiable assets (period end)			$	55,288	$	55,666	$	55,190	$	55,789	$	55,690
			Quarter Ended
Residential Mortgage Banking			March 31		Dec. 31		Sept. 30		June 30		March 31
			2014		2013		2013		2013		2013
Net interest income (expense)			$	378	$	388	$	397	$	398	$	401
Net intersegment interest income (expense)				(251)		(250)		(247)		(248)		(254)
	Segment net interest income			127		138		150		150		147
Allocated provision for credit losses				(20)		18		(29)		30		(7)
Noninterest income				60		76		96		151		161
Intersegment net referral fees (expense)				1		―		(1)		―		―
Noninterest expense				86		98		96		98		78
Amortization of intangibles				―		―		―		―		―
Allocated corporate expenses				21		18		17		17		16
	Income (loss) before income taxes			101		80		161		156		221
	Provision (benefit) for income taxes			38		31		61		59		84
		Segment net income (loss)	$	63	$	49	$	100	$	97	$	137
Identifiable assets (period end)			$	36,050	$	36,083	$	37,436	$	36,912	$	36,965
			Quarter Ended
Dealer Financial Services			March 31		Dec. 31		Sept. 30		June 30		March 31
			2014		2013		2013		2013		2013
Net interest income (expense)			$	202	$	209	$	210	$	210	$	205
Net intersegment interest income (expense)				(38)		(39)		(40)		(39)		(41)
	Segment net interest income			164		170		170		171		164
Allocated provision for credit losses				73		58		47		42		67
Noninterest income				1		―		1		2		1
Intersegment net referral fees (expense)				―		―		―		―		―
Noninterest expense				29		26		28		28		26
Amortization of intangibles				―		―		―		―		―
Allocated corporate expenses				7		7		7		8		7
	Income (loss) before income taxes			56		79		89		95		65
	Provision (benefit) for income taxes			21		30		34		36		25
		Segment net income (loss)	$	35	$	49	$	55	$	59	$	40
Identifiable assets (period end)			$	11,823	$	11,525	$	11,503	$	11,188	$	10,566
			Quarter Ended
Specialized Lending			March 31		Dec. 31		Sept. 30		June 30		March 31
			2014		2013		2013		2013		2013
Net interest income (expense)			$	138	$	145	$	181	$	178	$	174
Net intersegment interest income (expense)				(34)		(31)		(33)		(30)		(32)
	Segment net interest income			104		114		148		148		142
Allocated provision for credit losses				9		5		1		28		51
Noninterest income				49		58		58		54		52
Intersegment net referral fees (expense)				―		―		―		―		―
Noninterest expense				51		55		72		64		64
Amortization of intangibles				1		1		1		2		1
Allocated corporate expenses				14		16		17		16		16
	Income (loss) before income taxes			78		95		115		92		62
	Provision (benefit) for income taxes			19		25		33		24		12
		Segment net income (loss)	$	59	$	70	$	82	$	68	$	50
Identifiable assets (period end)			$	16,146	$	16,564	$	17,076	$	17,439	$	16,653
(1)	Lines of business results are preliminary.
(2)	During the first quarter of 2014, approximately $8.3 billion of home equity loans were transferred from Community Banking to Residential Mortgage Banking based on a change in how these loans will be managed as a result of new qualified mortgage regulations. Prior period segment data has been reclassified to conform to the current presentation.

6

BB&T Corporation
Lines of Business Financial Performance - Five Quarter Trend (1)(2)
(Dollars in millions)
			Quarter Ended
Insurance Services			March 31			Dec. 31		Sept. 30		June 30		March 31
			2014			2013		2013		2013		2013
Net interest income (expense)			$	―		$	1	$	―	$	1	$	1
Net intersegment interest income (expense)				1			1		2		2		1
	Segment net interest income			1			2		2		3		2
Allocated provision for credit losses				―			―		―		―		―
Noninterest income				431			385		357		427		366
Intersegment net referral fees (expense)				―			―		―		―		―
Noninterest expense				303			269		286		292		288
Amortization of intangibles				13			15		16		15		15
Allocated corporate expenses				17			20		14		14		15
	Income (loss) before income taxes			99			83		43		109		50
	Provision (benefit) for income taxes			24			29		16		37		15
		Segment net income (loss)	$	75		$	54	$	27	$	72	$	35
Identifiable assets (period end)			$	3,070		$	2,990	$	2,876	$	3,164	$	3,160
			Quarter Ended
Financial Services			March 31			Dec. 31		Sept. 30		June 30		March 31
			2014			2013		2013		2013		2013
Net interest income (expense)			$	40		$	39	$	39	$	40	$	35
Net intersegment interest income (expense)				66			71		72		75		80
	Segment net interest income			106			110		111		115		115
Allocated provision for credit losses				―			(3)		(1)		13		9
Noninterest income				177			205		179		184		176
Intersegment net referral fees (expense)				6			9		9		10		8
Noninterest expense				149			161		149		156		152
Amortization of intangibles				1			1		1		―		1
Allocated corporate expenses				30			24		25		26		24
	Income (loss) before income taxes			109			141		125		114		113
	Provision (benefit) for income taxes			41			53		47		43		42
		Segment net income (loss)	$	68		$	88	$	78	$	71	$	71
Identifiable assets (period end)			$	10,883		$	10,001	$	11,051	$	10,024	$	9,834
			Quarter Ended
Other, Treasury & Corporate (3)			March 31			Dec. 31		Sept. 30		June 30		March 31
			2014			2013		2013		2013		2013
Net interest income (expense)			$	165		$	148	$	159	$	161	$	184
Net intersegment interest income (expense)				(43)			(70)		(80)		(99)		(107)
	Segment net interest income			122			78		79		62		77
Allocated provision for credit losses				(18)			(26)		28		(53)		35
Noninterest income				(102)			(50)		(107)		(82)		(42)
Intersegment net referral fees (expense)				(33)			(40)		(50)		(61)		(62)
Noninterest expense				368			408		405		386		354
Amortization of intangibles				―			1		(1)		1		―
Allocated corporate expenses				(373)			(346)		(340)		(341)		(338)
	Income (loss) before income taxes			10			(49)		(170)		(74)		(78)
	Provision (benefit) for income taxes			(51)			(73)		113		(89)		192
		Segment net income (loss)	$	61		$	24	$	(283)	$	15	$	(270)
Identifiable assets (period end)			$	51,391		$	50,181	$	46,576	$	48,876	$	48,636
			Quarter Ended
Total BB&T Corporation			March 31			Dec. 31		Sept. 30		June 30		March 31
			2014			2013		2013		2013		2013
Net interest income (expense)			$	1,347		$	1,362	$	1,417	$	1,415	$	1,422
Net intersegment interest income (expense)				―			―		―		―		―
	Segment net interest income			1,347			1,362		1,417		1,415		1,422
Allocated provision for credit losses				60			60		92		168		272
Noninterest income				911			985		905		1,046		1,001
Intersegment net referral fees (expense)				―			―		―		―		―
Noninterest expense				1,380			1,430		1,445		1,469		1,387
Amortization of intangibles				23			26		26		27		27
Allocated corporate expenses				―			―		―		―		―
	Income (loss) before income taxes			795			831		759		797		737
	Provision (benefit) for income taxes			217			243		450		221		481
		Segment net income (loss)	$	578		$	588	$	309	$	576	$	256
Identifiable assets (period end)			$	184,651		$	183,010	$	181,708	$	183,392	$	181,504
(1)	Lines of business results are preliminary.
(2)	During the first quarter of 2014, approximately $8.3 billion of home equity loans were transferred from Community Banking to Residential Mortgage Banking based on a change in how these loans will be managed as a result of new qualified mortgage regulations. Prior period segment data has been reclassified to conform to the current presentation.
(3)	Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.

7

BB&T Corporation
Consolidated Balance Sheets
(Dollars in millions)
				As of March 31				Change
				2014		2013		$		%
Assets
	Cash and due from banks			$	1,722	$	1,322	$	400	30.3	%
	Interest-bearing deposits with banks				354		944		(590)	(62.5)
	Federal funds sold and securities purchased under
		resale agreements or similar arrangements			144		302		(158)	(52.3)
	Restricted cash				363		646		(283)	(43.8)
	Trading securities at fair value				525		627		(102)	(16.3)
	Securities available for sale at fair value (1)				20,496		24,170		(3,674)	(15.2)
	Securities held to maturity				20,812		13,119		7,693	58.6
	Loans and leases:
		Commercial:
			Commercial and industrial		39,119		38,429		690	1.8
			Commercial real estate—income producing properties		10,411		9,870		541	5.5
			Commercial real estate—construction and development		2,478		2,730		(252)	(9.2)
		Direct retail lending (2)			7,519		15,767		(8,248)	(52.3)
		Sales finance			9,759		8,114		1,645	20.3
		Revolving credit			2,340		2,284		56	2.5
		Residential mortgage (2)			32,897		23,954		8,943	37.3
		Other lending subsidiaries			10,186		10,043		143	1.4
			Total loans and leases held for investment (excluding covered loans)		114,709		111,191		3,518	3.2
		Covered loans			1,819		3,005		(1,186)	(39.5)
			Total loans and leases held for investment		116,528		114,196		2,332	2.0
		Loans held for sale			1,104		3,432		(2,328)	(67.8)
			Total loans and leases		117,632		117,628		4	0.0
	Allowance for loan and lease losses				(1,642)		(1,975)		333	(16.9)
	Premises and equipment				1,854		1,880		(26)	(1.4)
	Goodwill				6,824		6,823		1	0.0
	Core deposit and other intangible assets				546		647		(101)	(15.6)
	Residential mortgage servicing rights at fair value				1,008		735		273	37.1
	Other assets (3)				14,013		14,636		(623)	(4.3)
		Total assets		$	184,651	$	181,504	$	3,147	1.7	%
Liabilities and Shareholders' Equity
	Deposits:
		Noninterest-bearing deposits		$	36,322	$	33,236	$	3,086	9.3	%
		Interest checking			18,416		20,175		(1,759)	(8.7)
		Money market and savings			49,072		49,088		(16)	(0.0)
		Certificates and other time deposits			23,666		28,853		(5,187)	(18.0)
			Total deposits		127,476		131,352		(3,876)	(3.0)
	Short-term borrowings				3,285		3,239		46	1.4
	Long-term debt				23,384		18,316		5,068	27.7
	Other liabilities				6,950		7,368		(418)	(5.7)
		Total liabilities			161,095		160,275		820	0.5
	Shareholders' equity:
		Preferred stock			2,603		2,116		487	23.0
		Common stock			3,592		3,507		85	2.4
		Additional paid-in capital			6,385		5,975		410	6.9
		Retained earnings			11,382		10,178		1,204	11.8
		Accumulated other comprehensive loss			(500)		(612)		112	(18.3)
		Noncontrolling interests			94		65		29	44.6
		Total shareholders' equity			23,556		21,229		2,327	11.0
		Total liabilities and shareholders' equity		$	184,651	$	181,504	$	3,147	1.7	%
(1)	Includes covered securities of $1.4 billion and $1.6 billion at March 31, 2014 and 2013, respectively.
(2)	During the first quarter of 2014, $8.3 billion of loans were transferred from direct retail lending to residential mortgage.
(3)	Includes $138 million and $273 million of covered foreclosed property and covered other assets at March 31, 2014 and 2013, respectively.

8

BB&T Corporation
Consolidated Balance Sheets - Five Quarter Trend
(Dollars in millions)
				As of
				March 31		Dec. 31		Sept. 30		June 30		March 31
				2014		2013		2013		2013		2013
Assets
	Cash and due from banks			$	1,722	$	1,565	$	1,811	$	1,444	$	1,322
	Interest-bearing deposits with banks				354		452		498		740		944
	Federal funds sold and securities purchased under
		resale agreements or similar arrangements			144		148		160		195		302
	Restricted cash				363		422		516		585		646
	Trading securities at fair value				525		381		521		537		627
	Securities available for sale at fair value (1)				20,496		22,104		22,865		24,477		24,170
	Securities held to maturity				20,812		18,101		13,529		13,751		13,119
	Loans and leases:
		Commercial:
			Commercial and industrial		39,119		38,508		38,256		38,701		38,429
			Commercial real estate—income producing properties		10,411		10,228		9,860		9,971		9,870
			Commercial real estate—construction and development		2,478		2,382		2,453		2,527		2,730
		Direct retail lending (2)			7,519		15,869		16,128		16,069		15,767
		Sales finance			9,759		9,382		9,132		8,821		8,114
		Revolving credit			2,340		2,403		2,333		2,325		2,284
		Residential mortgage (2)			32,897		24,648		24,037		23,795		23,954
		Other lending subsidiaries			10,186		10,462		11,102		10,836		10,043
			Total loans and leases held for investment (excluding covered loans)		114,709		113,882		113,301		113,045		111,191
		Covered loans			1,819		2,035		2,324		2,749		3,005
			Total loans and leases held for investment		116,528		115,917		115,625		115,794		114,196
		Loans held for sale			1,104		1,222		2,957		2,488		3,432
			Total loans and leases		117,632		117,139		118,582		118,282		117,628
	Allowance for loan and lease losses				(1,642)		(1,732)		(1,838)		(1,901)		(1,975)
	Premises and equipment				1,854		1,869		1,876		1,893		1,880
	Goodwill				6,824		6,814		6,823		6,824		6,823
	Core deposit and other intangible assets				546		569		595		620		647
	Residential mortgage servicing rights at fair value				1,008		1,047		956		892		735
	Other assets (3)				14,013		14,131		14,814		15,053		14,636
		Total assets		$	184,651	$	183,010	$	181,708	$	183,392	$	181,504
Liabilities and Shareholders' Equity
	Deposits:
		Noninterest-bearing deposits		$	36,322	$	34,972	$	34,486	$	33,760	$	33,236
		Interest checking			18,416		18,861		18,837		19,053		20,175
		Money market and savings			49,072		48,687		49,000		48,529		49,088
		Certificates and other time deposits			23,666		24,955		25,161		29,737		28,853
			Total deposits		127,476		127,475		127,484		131,079		131,352
	Short-term borrowings				3,285		4,138		4,813		3,192		3,239
	Long-term debt				23,384		21,493		20,402		19,362		18,316
	Other liabilities				6,950		7,095		6,915		7,763		7,368
		Total liabilities			161,095		160,201		159,614		161,396		160,275
	Shareholders' equity:
		Preferred stock			2,603		2,603		2,603		2,603		2,116
		Common stock			3,592		3,533		3,525		3,515		3,507
		Additional paid-in capital			6,385		6,172		6,112		6,042		5,975
		Retained earnings			11,382		11,044		10,669		10,564		10,178
		Accumulated other comprehensive loss			(500)		(593)		(860)		(784)		(612)
		Noncontrolling interests			94		50		45		56		65
		Total shareholders' equity			23,556		22,809		22,094		21,996		21,229
		Total liabilities and shareholders' equity		$	184,651	$	183,010	$	181,708	$	183,392	$	181,504
(1)	Includes covered securities of $1.4 billion, $1.4 billion, $1.4 billion, $1.5 billion and $1.6 billion at March 31, 2014, December 31, 2013, September 30, 2013, June 30, 2013 and March 31, 2013, respectively.
(2)	During the first quarter of 2014, $8.3 billion of loans were transferred from direct retail lending to residential mortgage.
(3)	Includes $138 million, $163 million, $186 million, $221 million and $273 million of covered foreclosed property and covered other assets at March 31, 2014, December 31, 2013, September 30, 2013, June 30, 2013 and March 31, 2013, respectively.

9

BB&T Corporation
Average Balance Sheets
(Dollars in millions)
					Year-to-Date
					March 31				Change
					2014		2013		$		%
Assets
	Securities, at amortized cost (1):
		U.S. Treasury			$	1,634	$	302	$	1,332	NM	%
		U.S. government-sponsored entities (GSE)				5,603		4,220		1,383	32.8
		Mortgage-backed securities issued by GSE				29,339		28,540		799	2.8
		States and political subdivisions				1,833		1,837		(4)	(0.2)
		Non-agency mortgage-backed				259		300		(41)	(13.7)
		Other				477		477		―	―
		Covered				972		1,125		(153)	(13.6)
			Total securities			40,117		36,801		3,316	9.0
	Other earning assets					1,875		2,838		(963)	(33.9)
	Loans and leases:
		Commercial:
			Commercial and industrial			38,435		37,916		519	1.4
			Commercial real estate—income producing properties			10,293		9,862		431	4.4
			Commercial real estate—construction and development			2,454		2,798		(344)	(12.3)
		Direct retail lending (2)				9,349		15,757		(6,408)	(40.7)
		Sales finance				9,428		7,838		1,590	20.3
		Revolving credit				2,357		2,279		78	3.4
		Residential mortgage (2)				30,635		23,618		7,017	29.7
		Other lending subsidiaries				10,236		9,988		248	2.5
			Total loans and leases held for investment
				(excluding covered loans)		113,187		110,056		3,131	2.8
		Covered loans				1,874		3,133		(1,259)	(40.2)
			Total loans and leases held for investment			115,061		113,189		1,872	1.7
		Loans held for sale				1,311		3,792		(2,481)	(65.4)
			Total loans and leases			116,372		116,981		(609)	(0.5)
				Total earning assets		158,364		156,620		1,744	1.1
	Nonearning assets					24,033		25,393		(1,360)	(5.4)
	Total assets				$	182,397	$	182,013	$	384	0.2	%
Liabilities and Shareholders' Equity
	Deposits:
		Noninterest-bearing deposits			$	35,392	$	32,518	$	2,874	8.8	%
		Interest checking				18,615		20,169		(1,554)	(7.7)
		Money market and savings				48,767		48,431		336	0.7
		Certificates and other time deposits				21,935		28,934		(6,999)	(24.2)
		Foreign office deposits - interest-bearing				1,009		385		624	162.1
			Total deposits			125,718		130,437		(4,719)	(3.6)
	Short-term borrowings					4,321		4,217		104	2.5
	Long-term debt					22,432		18,690		3,742	20.0
	Other liabilities					6,662		7,354		(692)	(9.4)
			Total liabilities			159,133		160,698		(1,565)	(1.0)
	Shareholders' equity					23,264		21,315		1,949	9.1
	Total liabilities and shareholders' equity				$	182,397	$	182,013	$	384	0.2	%
Average balances exclude basis adjustments for fair value hedges.
(1)	Excludes trading securities.
(2)	During the first quarter of 2014, $8.3 billion of loans were transferred from direct retail lending to residential mortgage.
NM - not meaningful.

10

BB&T Corporation
Average Balance Sheets - Five Quarter Trend
(Dollars in millions)
					Quarter Ended
					March 31		Dec. 31		Sept. 30		June 30		March 31
					2014		2013		2013		2013		2013
Assets
	Securities, at amortized cost (1):
		U.S. Treasury			$	1,634	$	824	$	518	$	360	$	302
		U.S. government-sponsored entities (GSE)				5,603		5,596		5,358		4,872		4,220
		Mortgage-backed securities issued by GSE				29,339		27,020		27,050		27,803		28,540
		States and political subdivisions				1,833		1,834		1,835		1,836		1,837
		Non-agency mortgage-backed				259		268		277		289		300
		Other				477		475		463		466		477
		Covered				972		1,005		1,046		1,093		1,125
			Total securities			40,117		37,022		36,547		36,719		36,801
	Other earning assets					1,875		2,022		2,173		2,626		2,838
	Loans and leases:
		Commercial:
			Commercial and industrial			38,435		38,101		38,446		38,359		37,916
			Commercial real estate—income producing properties			10,293		10,031		9,907		9,864		9,862
			Commercial real estate—construction and development			2,454		2,433		2,459		2,668		2,798
		Direct retail lending (2)				9,349		15,998		16,112		15,936		15,757
		Sales finance				9,428		9,262		8,992		8,520		7,838
		Revolving credit				2,357		2,357		2,308		2,268		2,279
		Residential mortgage (2)				30,635		23,979		23,403		23,391		23,618
		Other lending subsidiaries				10,236		10,448		11,018		10,407		9,988
			Total loans and leases held for investment (excluding covered loans)			113,187		112,609		112,645		111,413		110,056
		Covered loans				1,874		2,186		2,502		2,858		3,133
			Total loans and leases held for investment			115,061		114,795		115,147		114,271		113,189
		Loans held for sale				1,311		2,206		3,118		3,581		3,792
			Total loans and leases			116,372		117,001		118,265		117,852		116,981
				Total earning assets		158,364		156,045		156,985		157,197		156,620
	Nonearning assets					24,033		23,489		24,036		25,311		25,393
	Total assets				$	182,397	$	179,534	$	181,021	$	182,508	$	182,013
Liabilities and Shareholders' Equity
	Deposits:
		Noninterest-bearing deposits			$	35,392	$	35,347	$	34,244	$	33,586	$	32,518
		Interest checking				18,615		18,969		18,826		19,276		20,169
		Money market and savings				48,767		49,298		48,676		48,140		48,431
		Certificates and other time deposits				21,935		21,580		25,562		28,034		28,934
		Foreign office deposits - interest-bearing				1,009		712		640		947		385
			Total deposits			125,718		125,906		127,948		129,983		130,437
	Short-term borrowings					4,321		3,865		4,637		5,118		4,217
	Long-term debt					22,432		20,756		19,447		18,287		18,690
	Other liabilities					6,662		6,702		6,850		7,331		7,354
		Total liabilities				159,133		157,229		158,882		160,719		160,698
	Shareholders' equity					23,264		22,305		22,139		21,789		21,315
	Total liabilities and shareholders' equity				$	182,397	$	179,534	$	181,021	$	182,508	$	182,013
Average balances exclude basis adjustments for fair value hedges.
(1)	Excludes trading securities.
(2)	During the first quarter of 2014, $8.3 billion of loans were transferred from direct retail lending to residential mortgage.

11

BB&T Corporation
Average Balances and Rates - Quarters
(Dollars in millions)
					Quarter Ended
					March 31, 2014						December 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. Treasury			$	1,634	$	6	1.50	%	$	824	$	2	0.70	%
		U.S. government-sponsored entities (GSE)				5,603		29	2.09			5,596		29	2.10
		Mortgage-backed securities issued by GSE				29,339		150	2.04			27,020		142	2.11
		States and political subdivisions				1,833		26	5.77			1,834		27	5.82
		Non-agency mortgage-backed				259		5	6.99			268		4	5.87
		Other				477		2	1.57			475		2	1.42
		Covered				972		31	12.86			1,005		28	11.17
			Total securities			40,117		249	2.48			37,022		234	2.52
	Other earning assets					1,875		15	3.30			2,022		5	0.91
	Loans and leases:
		Commercial:
			Commercial and industrial			38,435		325	3.43			38,101		336	3.50
			Commercial real estate—income producing properties			10,293		91	3.57			10,031		91	3.60
			Commercial real estate—construction and development			2,454		22	3.64			2,433		23	3.84
		Direct retail lending (4)				9,349		99	4.28			15,998		183	4.50
		Sales finance				9,428		66	2.84			9,262		69	2.95
		Revolving credit				2,357		51	8.78			2,357		51	8.64
		Residential mortgage (4)				30,635		325	4.26			23,979		250	4.18
		Other lending subsidiaries				10,236		238	9.42			10,448		247	9.40
			Total loans and leases held for investment
				(excluding covered loans)		113,187		1,217	4.34			112,609		1,250	4.41
		Covered loans				1,874		86	18.65			2,186		89	16.28
			Total loans and leases held for investment			115,061		1,303	4.58			114,795		1,339	4.64
		Loans held for sale				1,311		15	4.46			2,206		23	4.19
			Total loans and leases			116,372		1,318	4.58			117,001		1,362	4.63
				Total earning assets		158,364		1,582	4.03			156,045		1,601	4.08
	Nonearning assets					24,033						23,489
	Total assets				$	182,397					$	179,534
Liabilities and Shareholders' Equity
	Interest-bearing deposits:
		Interest checking			$	18,615		3	0.07		$	18,969		3	0.07
		Money market and savings				48,767		15	0.13			49,298		16	0.12
		Certificates and other time deposits				21,935		42	0.75			21,580		45	0.83
		Foreign office deposits - interest-bearing				1,009		―	0.06			712		1	0.06
			Total interest-bearing deposits			90,326		60	0.27			90,559		65	0.28
	Short-term borrowings					4,321		1	0.11			3,865		1	0.14
	Long-term debt					22,432		138	2.49			20,756		138	2.64
		Total interest-bearing liabilities				117,079		199	0.69			115,180		204	0.70
	Noninterest-bearing deposits					35,392						35,347
	Other liabilities					6,662						6,702
	Shareholders' equity					23,264						22,305
	Total liabilities and shareholders' equity				$	182,397					$	179,534
	Average interest-rate spread								3.34						3.38
	Net interest income/ net interest margin						$	1,383	3.52	%			$	1,397	3.56	%
	Taxable-equivalent adjustment						$	36					$	35
Applicable ratios are annualized.
(1)	Excludes basis adjustments for fair value hedges.
(2)	Yields are on a fully taxable-equivalent basis.
(3)	Excludes trading securities.
(4)	During the first quarter of 2014, $8.3 billion of loans were transferred from direct retail lending to residential mortgage.

12

BB&T Corporation
Average Balances and Rates - Quarters
(Dollars in millions)
					Quarter Ended
					September 30, 2013						June 30, 2013						March 31, 2013
					(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. Treasury			$	518	$	―	0.23	%	$	360	$	―	0.23	%	$	302	$	―	0.24	%
		U.S. government-sponsored entities (GSE)				5,358		28	2.06			4,872		25	2.01			4,220		21	1.99
		Mortgage-backed securities issued by GSE				27,050		135	2.01			27,803		138	1.97			28,540		137	1.92
		States and political subdivisions				1,835		27	5.79			1,836		26	5.81			1,837		27	5.80
		Non-agency mortgage-backed				277		4	5.75			289		4	5.57			300		4	5.58
		Other				463		2	1.44			466		1	1.51			477		2	1.41
		Covered				1,046		38	14.37			1,093		34	12.48			1,125		37	13.18
			Total securities			36,547		234	2.56			36,719		228	2.49			36,801		228	2.48
	Other earning assets					2,173		8	1.49			2,626		9	1.40			2,838		12	1.64
	Loans and leases:
		Commercial:
			Commercial and industrial			38,446		346	3.58			38,359		351	3.67			37,916		353	3.76
			CRE—income producing properties			9,907		92	3.68			9,864		92	3.75			9,862		93	3.84
			CRE—construction and development			2,459		24	3.92			2,668		26	3.82			2,798		27	3.89
		Direct retail lending				16,112		188	4.67			15,936		186	4.67			15,757		184	4.73
		Sales finance				8,992		69	3.06			8,520		69	3.25			7,838		68	3.52
		Revolving credit				2,308		50	8.60			2,268		48	8.48			2,279		48	8.51
		Residential mortgage				23,403		249	4.24			23,391		246	4.21			23,618		251	4.26
		Other lending subsidiaries				11,018		280	10.09			10,407		274	10.54			9,988		267	10.84
			Total loans and leases held for investment
				(excluding covered loans)		112,645		1,298	4.59			111,413		1,292	4.64			110,056		1,291	4.74
		Covered loans				2,502		106	16.78			2,858		121	16.95			3,133		135	17.49
			Total loans and leases held for investment			115,147		1,404	4.85			114,271		1,413	4.95			113,189		1,426	5.09
		Loans held for sale				3,118		30	3.73			3,581		30	3.42			3,792		31	3.28
			Total loans and leases			118,265		1,434	4.82			117,852		1,443	4.90			116,981		1,457	5.03
				Total earning assets		156,985		1,676	4.25			157,197		1,680	4.28			156,620		1,697	4.37
	Nonearning assets					24,036						25,311						25,393
	Total assets				$	181,021					$	182,508					$	182,013
Liabilities and Shareholders' Equity
	Interest-bearing deposits:
		Interest checking			$	18,826		4	0.07		$	19,276		3	0.08		$	20,169		5	0.09
		Money market and savings				48,676		15	0.12			48,140		15	0.13			48,431		18	0.15
		Certificates and other time deposits				25,562		53	0.83			28,034		60	0.84			28,934		63	0.89
		Foreign office deposits - interest-bearing				640		―	0.06			947		―	0.09			385		―	0.12
			Total interest-bearing deposits			93,704		72	0.31			96,397		78	0.32			97,919		86	0.36
	Short-term borrowings					4,637		2	0.13			5,118		2	0.18			4,217		2	0.18
	Long-term debt					19,447		148	3.05			18,287		148	3.23			18,690		150	3.23
		Total interest-bearing liabilities				117,788		222	0.75			119,802		228	0.76			120,826		238	0.79
	Noninterest-bearing deposits					34,244						33,586						32,518
	Other liabilities					6,850						7,331						7,354
	Shareholders' equity					22,139						21,789						21,315
	Total liabilities and shareholders' equity				$	181,021					$	182,508					$	182,013
	Average interest-rate spread								3.50						3.52						3.58
	Net interest income/ net interest margin						$	1,454	3.68	%			$	1,452	3.70	%			$	1,459	3.76	%
	Taxable-equivalent adjustment						$	37					$	37					$	37
Applicable ratios are annualized.
(1)	Excludes basis adjustments for fair value hedges.
(2)	Yields are on a fully taxable-equivalent basis.
(3)	Excludes trading securities.

13

BB&T Corporation
Credit Quality
(Dollars in millions)
				As of
				March 31		Dec. 31		Sept. 30		June 30		March 31
				2014		2013		2013		2013		2013
Nonperforming assets (1)
	Nonaccrual loans and leases:
		Commercial:
			Commercial and industrial	$	334	$	363	$	415	$	457	$	533
			Commercial real estate—income producing properties		98		113		127		146		146
			Commercial real estate—construction and development		49		51		66		100		136
		Direct retail lending (2)			52		109		110		119		127
		Sales finance			4		5		5		5		6
		Residential mortgage (2)(3)			319		243		238		254		255
		Other lending subsidiaries (3)(4)			47		51		69		68		80
			Total nonaccrual loans and leases held for investment (4)		903		935		1,030		1,149		1,283
	Foreclosed real estate (5)				59		71		85		89		88
	Other foreclosed property				24		47		47		38		42
			Total nonperforming assets (excluding covered assets) (4)(5)	$	986	$	1,053	$	1,162	$	1,276	$	1,413
Performing troubled debt restructurings (TDRs) (6)
		Commercial:
			Commercial and industrial	$	76	$	77	$	74	$	59	$	54
			Commercial real estate—income producing properties		42		50		50		44		54
			Commercial real estate—construction and development		32		39		44		43		37
		Direct retail lending (2)			93		187	��	185		188		193
		Sales finance			19		17		18		17		19
		Revolving credit			47		48		51		53		55
		Residential mortgage (2)(3)(7)			836		785		720		726		715
		Other lending subsidiaries (3)(4)			132		126		200		183		162
			Total performing TDRs (4)(7)	$	1,277	$	1,329	$	1,342	$	1,313	$	1,289
Loans 90 days or more past due and still accruing
		Commercial:
			Commercial and industrial	$	―	$	―	$	―	$	3	$	―
		Direct retail lending (2)			10		33		34		30		34
		Sales finance			4		5		5		5		7
		Revolving credit			9		10		11		13		14
		Residential mortgage (2)(8)(9)			78		69		68		68		77
		Other lending subsidiaries			4		5		4		4		6
			Total loans 90 days past due and still accruing (excluding covered loans) (8)(9)(10)	$	105	$	122	$	122	$	123	$	138
Loans 30-89 days past due
		Commercial:
			Commercial and industrial	$	26	$	35	$	27	$	32	$	34
			Commercial real estate—income producing properties		14		8		13		9		5
			Commercial real estate—construction and development		3		2		2		3		7
		Direct retail lending (2)			50		132		121		123		136
		Sales finance			45		56		46		47		42
		Revolving credit			21		23		22		20		20
		Residential mortgage (2)(3)(11)(12)			516		463		424		465		529
		Other lending subsidiaries (3)(4)			133		221		268		241		183
			Total loans 30-89 days past due (excluding covered loans) (4)(11)(12)(13)	$	808	$	940	$	923	$	940	$	956
(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 below.
(2)	During the first quarter of 2014, approximately $55 million of nonaccrual loans, $94 million of performing TDRs, $22 million of loans 90 days or more past due and $83 million of loans 30-89 days past due were transferred from direct retail lending to residential mortgage.
(3)	During the fourth quarter of 2013, approximately $16 million of nonaccrual loans, $66 million of performing TDRs and $40 million of loans 30-89 days past due were transferred from other lending subsidiaries to residential mortgage.
(4)	During the fourth quarter of 2013, approximately $9 million of nonaccrual loans, $24 million of performing TDRs and $26 million of loans 30-89 days past due were sold in connection with the sale of a consumer lending subsidiary.
(5)	Excludes covered foreclosed real estate totaling $98 million, $121 million, $148 million, $181 million and $232 million at March 31, 2014, December 31, 2013, September 30, 2013, June 30, 2013 and March 31, 2013, respectively.
(6)	Excludes TDRs that are nonperforming totaling $213 million, $193 million, $191 million, $211 million, and $222 million at March 31, 2014, December 31, 2013, September 30, 2013, June 30, 2013 and March 31, 2013, respectively. These amounts are included in total nonperforming assets.
(7)	Excludes mortgage TDRs that are government guaranteed totaling $391 million, $379 million, $383 million, $367 million and $338 million at March 31, 2014, December 31, 2013, September 30, 2013, June 30, 2013 and March 31, 2013, respectively. Includes mortgage TDRs held for sale.
(8)	Excludes mortgage loans past due 90 days or more that are government guaranteed totaling $307 million, $297 million, $268 million, $246 million and $251 million at March 31, 2014, December 31, 2013, September 30, 2013, June 30, 2013 and March 31, 2013, respectively. Includes past due mortgage loans held for sale.
(9)	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 $486 million, $511 million, $497 million, $492 million and $514 million at March 31, 2014, December 31, 2013, September 30, 2013, June 30, 2013 and March 31, 2013, respectively.
(10)	Excludes covered loans past due 90 days or more totaling $258 million, $304 million, $364 million, $401 million and $371 million at March 31, 2014, December 31, 2013, September 30, 2013, June 30, 2013 and March 31, 2013, respectively.
(11)	Excludes mortgage loans past due 30-89 days that are government guaranteed totaling $75 million, $96 million, $107 million, $103 million and $95 million at March 31, 2014, December 31, 2013, September 30, 2013, June 30, 2013 and March 31, 2013, respectively. Includes past due mortgage loans held for sale.
(12)	Excludes mortgage loans guaranteed by GNMA that BB&T does not have the obligation to repurchase that are past due 30-89 days totaling $2 million, $4 million, $5 million, $5 million and $5 million at March 31, 2014, December 31, 2013, September 30, 2013, June 30, 2013 and March 31, 2013, respectively.
(13)	Excludes covered loans past due 30-89 days totaling $85 million, $88 million, $104 million, $102 million and $120 million at March 31, 2014, December 31, 2013, September 30, 2013, June 30, 2013 and March 31, 2013, respectively.

14

BB&T Corporation
Credit Quality
(Dollars in millions)
				As of/For the Quarter Ended
				March 31		Dec. 31		Sept. 30		June 30		March 31
				2014		2013		2013		2013		2013
Allowance for credit losses
	Beginning balance			$	1,821	$	1,930	$	1,982	$	2,031	$	2,048
	Provision for credit losses (excluding covered loans)				67		71		90		179		247
	Provision for covered loans				(7)		(11)		2		(11)		25
	Charge-offs:
		Commercial:
			Commercial and industrial		(33)		(45)		(42)		(70)		(91)
			Commercial real estate—income producing properties		(8)		(6)		(10)		(24)		(34)
			Commercial real estate—construction and development		(4)		(4)		(7)		(25)		(22)
		Direct retail lending (1)			(19)		(29)		(35)		(42)		(42)
		Sales finance			(7)		(7)		(5)		(5)		(6)
		Revolving credit			(18)		(22)		(22)		(20)		(21)
		Residential mortgage (1)			(21)		(17)		(15)		(16)		(33)
		Other lending subsidiaries			(85)		(60)		(66)		(61)		(68)
		Covered			(3)		(1)		(2)		(2)		(14)
			Total charge-offs		(198)		(191)		(204)		(265)		(331)
	Recoveries:
		Commercial:
			Commercial and industrial		9		13		17		10		7
			Commercial real estate—income producing properties		2		5		7		6		3
			Commercial real estate—construction and development		3		8		11		4		7
		Direct retail lending (1)			8		9		11		10		8
		Sales finance			3		2		3		2		2
		Revolving credit			5		4		3		5		5
		Residential mortgage (1)			1		1		―		1		1
		Other lending subsidiaries			8		7		8		10		9
			Total recoveries		39		49		60		48		42
	Net charge-offs				(159)		(142)		(144)		(217)		(289)
	Sale of subsidiary				―		(27)		―		―		―
	Ending balance			$	1,722	$	1,821	$	1,930	$	1,982	$	2,031
Allowance for credit losses
	Allowance for loan and lease losses (excluding covered loans)			$	1,538	$	1,618	$	1,712	$	1,775	$	1,836
	Allowance for covered loans				104		114		126		126		139
	Reserve for unfunded lending commitments				80		89		92		81		56
		Total		$	1,722	$	1,821	$	1,930	$	1,982	$	2,031
(1)	During the first quarter of 2014, $8.3 billion of loans were transferred from direct retail lending to residential mortgage.

15

BB&T Corporation
Credit Quality
			As of/For the Quarter Ended
			March 31		Dec. 31		Sept. 30		June 30		March 31
			2014		2013		2013		2013		2013
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)	0.76	%	0.88	%	0.87	%	0.88	%	0.91	%
	Loans 90 days or more past due and still accruing
		as a percentage of total loans and leases (1)(2)	0.31		0.36		0.41		0.44		0.43
	Nonperforming loans and leases as a
		percentage of total loans and leases	0.77		0.80		0.87		0.97		1.09
	Nonperforming assets as a percentage of:
		Total assets	0.59		0.64		0.72		0.79		0.91
		Loans and leases plus foreclosed property	0.92		1.00		1.10		1.23		1.39
	Net charge-offs as a percentage of average loans and leases		0.56		0.48		0.48		0.74		1.00
	Allowance for loan and lease losses as a percentage of
		loans and leases held for investment	1.41		1.49		1.59		1.64		1.73
	Ratio of allowance for loan and lease losses to:
		Net charge-offs	2.54	X	3.06	X	3.22	X	2.18	X	1.69	X
		Nonperforming loans and leases held for investment	1.82		1.85		1.78		1.66		1.54
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)	0.70	%	0.82	%	0.79	%	0.81	%	0.83	%
	Loans 90 days or more past due and still accruing
		as a percentage of total loans and leases (1)(2)	0.09		0.11		0.10		0.11		0.12
	Nonperforming loans and leases as a
		percentage of total loans and leases	0.78		0.81		0.89		0.99		1.12
	Nonperforming assets as a percentage of:
		Total assets	0.54		0.58		0.65		0.71		0.79
		Loans and leases plus foreclosed property	0.85		0.91		1.00		1.10		1.23
	Net charge-offs as a percentage of average loans and leases		0.55		0.49		0.49		0.75		0.98
	Allowance for loan and lease losses as a percentage of
		loans and leases held for investment	1.34		1.42		1.51		1.57		1.65
	Ratio of allowance for loan and lease losses to:
		Net charge-offs	2.42	X	2.88	X	3.03	X	2.07	X	1.65	X
		Nonperforming loans and leases held for investment	1.70		1.73		1.66		1.55		1.43
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 loss share accounting.

16

BB&T Corporation
Credit Quality - Supplemental Information
(Dollars in millions)
			As of March 31, 2014
										Past Due 30-89						Past Due 90+
			Current Status							Days						Days								Total
Performing TDRs: (1)
	Commercial:
		Commercial and industrial	$	76		100.0		%		$	―		―		%	$		―		―		%		$	76
		Commercial real estate—income producing properties		41		97.6					1		2.4					―		―					42
		Commercial real estate—construction and development		32		100.0					―		―					―		―					32
	Direct retail lending			88		94.6					5		5.4					―		―					93
	Sales finance			17		89.5					1		5.3					1		5.2					19
	Revolving credit			40		85.1					5		10.6					2		4.3					47
	Residential mortgage (2)			713		85.3					109		13.0					14		1.7					836
	Other lending subsidiaries			119		90.2					13		9.8					―		―					132
		Total performing TDRs		1,126		88.2					134		10.5					17		1.3					1,277
Nonperforming TDRs (3)				68		31.9					28		13.2					117		54.9					213
		Total TDRs (2)	$	1,194		80.1				$	162		10.9			$		134		9.0				$	1,490
					Quarter Ended
					March 31				Dec. 31					Sept. 30					June 30				March 31
					2014				2013					2013					2013				2013
Net charge-offs as a percentage of average loans and leases:
	Commercial:
		Commercial and industrial			0.26		%		0.33			%		0.26			%		0.63		%		0.89			%
		Commercial real estate—income producing properties			0.22				0.06					0.19					0.70				1.29
		Commercial real estate—construction and development			0.09				(0.49)					(0.75)					3.11				2.13
	Direct retail lending				0.49				0.50					0.61					0.79				0.87
	Sales finance				0.17				0.20					0.15					0.10				0.20
	Revolving credit				2.30				3.00					3.05					2.64				2.93
	Residential mortgage				0.27				0.27					0.24					0.27				0.55
	Other lending subsidiaries				3.04				2.01					2.05					1.98				2.42
	Covered				0.67				0.16					0.25					0.41				1.77
		Total loans and leases (4)			0.56				0.48					0.48					0.74				1.00
		Total loans and leases, excluding covered loans (4)			0.55				0.49					0.49					0.75				0.98
Applicable ratios are annualized.
(1)	Past due performing TDRs are included in past due disclosures.
(2)	Excludes mortgage TDRs that are government guaranteed totaling $391 million.
(3)	Nonperforming TDRs are included in nonaccrual loan disclosures.
(4)	Total loans and leases includes loans held for sale.

17

BB&T Corporation
Preliminary Capital Information - Five Quarter Trend
(Dollars in millions, except per share data, shares in thousands)
				As of / Quarter Ended
			March 31			Dec. 31			Sept. 30			June 30			March 31
			2014			2013			2013			2013			2013
Selected Capital Information
	Risk-based capital:
		Tier 1	$	16,699		$	16,074		$	15,606		$	15,397		$	14,432
		Total		20,154			19,514			19,255			19,193			18,321
	Risk-weighted assets (1)			138,375			136,489			138,302			138,265			135,914
	Average quarterly tangible assets			175,424			172,425			173,787			174,865			174,214
	Risk-based capital ratios:
		Tier 1		12.1	%		11.8	%		11.3	%		11.1	%		10.6	%
		Total		14.6			14.3			13.9			13.9			13.5
	Leverage capital ratio			9.5			9.3			9.0			8.8			8.3
	Equity as a percentage of total assets			12.8			12.5			12.2			12.0			11.7
	Common equity per common share		$	29.03		$	28.52		$	27.59		$	27.51		$	27.15
Selected non-GAAP Capital Information (2)
	Tangible common equity as a percentage of tangible assets (3)			7.6	%		7.3	%		6.9	%		6.8	%		6.7	%
	Tier 1 common equity as a percentage of risk-weighted assets			10.2			9.9			9.4			9.3			9.1
	Tangible common equity per common share (3)		$	18.77		$	18.08		$	17.06		$	16.92		$	16.50
Calculations of tangible common equity, Tier 1 common equity, tangible assets and related measures: (2)
Total shareholders' equity			$	23,556		$	22,809		$	22,094		$	21,996		$	21,229
Less:
	Preferred stock			2,603			2,603			2,603			2,603			2,116
	Noncontrolling interests			94			50			45			56			65
	Intangible assets			7,370			7,383			7,418			7,444			7,470
Tangible common equity			$	13,489		$	12,773		$	12,028		$	11,893		$	11,578
Add:
	Regulatory adjustments			607			698			975			901			738
Tier 1 common equity (Basel I)			$	14,096		$	13,471		$	13,003		$	12,794		$	12,316
Total assets			$	184,651		$	183,010		$	181,708		$	183,392		$	181,504
Less:
	Intangible assets			7,370			7,383			7,418			7,444			7,470
Tangible assets (3)			$	177,281		$	175,627		$	174,290		$	175,948		$	174,034
Risk-weighted assets (1)			$	138,375		$	136,489		$	138,302		$	138,265		$	135,914
Tangible common equity as a percentage of tangible assets (3)				7.6	%		7.3	%		6.9	%		6.8	%		6.7	%
Tier 1 common equity as a percentage of risk-weighted assets				10.2			9.9			9.4			9.3			9.1
Tangible common equity			$	13,489		$	12,773		$	12,028		$	11,893		$	11,578
Outstanding shares at end of period (in thousands)				718,497			706,620			704,925			702,995			701,440
Tangible common equity per common share (3)			$	18.77		$	18.08		$	17.06		$	16.92		$	16.50
(1)	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.
(2)	Tangible common equity, Tier 1 common equity and related ratios are non-GAAP measures.  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.
(3)	At September 30, 2013, the calculation of tangible common equity per common share was revised to be based upon tangible common equity whereas this calculation was previously based upon Tier 1 common equity.  In addition, the calculation of tangible assets was revised to no longer include deferred taxes on intangible assets.  Previously presented information has been revised to conform to the current presentation.

18

BB&T Corporation
Selected Items & Additional Information
(Dollars in millions, except per share data)
													Favorable (Unfavorable)
Selected Items													Pre-Tax			After-Tax
First Quarter 2014
	Reallocation of partnership profit rights			Noncontrolling interests									$	N/A		$	(16)
Fourth Quarter 2013
	Gain on sale of subsidiary			Other income										31			19
Third Quarter 2013
	Income tax adjustment			Provision for income taxes										N/A			(235)
	Owned real estate and related adjustments			Other expense										(11)			(7)
Second Quarter 2013
	None													N/A			N/A
First Quarter 2013
	Income tax adjustment			Provision for income taxes										N/A			(281)
				As of / Quarter Ended
				March 31			Dec. 31			Sept. 30			June 30			March 31
				2014			2013			2013			2013			2013
Selected Mortgage Banking Information
	Income statement impact of mortgage servicing rights valuation:
		MSRs fair value increase (decrease)		$	(43)		$	52		$	22		$	101		$	56
		MSRs hedge gains (losses)			45			(48)			(17)			(86)			(46)
			Net	$	2		$	4		$	5		$	15		$	10
	Residential mortgage loan originations			$	3,804		$	5,344		$	8,327		$	9,260		$	8,665
	Residential mortgage servicing portfolio (1):
		Loans serviced for others			88,239			87,434			84,025			80,846			76,830
		Bank-owned loans serviced			33,703			25,401			26,782			26,211			26,962
			Total servicing portfolio		121,942			112,835			110,807			107,057			103,792
	Weighted-average coupon rate				4.23	%		4.24	%		4.24	%		4.32	%		4.45	%
	Weighted-average servicing fee				0.297			0.298			0.301			0.306			0.312
Selected Miscellaneous Information
	Derivatives notional amount			$	63,115		$	59,318		$	62,771		$	64,111		$	75,702
	Fair value of derivatives				(67)			(106)			(160)			(21)			(85)
	Accumulated comprehensive income related to securities,
		net of tax (2)			(204)			(289)			(163)			(81)			255
	Common stock prices:
		High			41.04			37.42			36.59			34.37			31.78
		Low			36.28			32.65			33.30			29.18			29.83
		End of period			40.17			37.32			33.75			33.88			31.39
	Banking offices				1,824			1,825			1,824			1,851			1,842
	ATMs				2,946			2,935			2,941			2,885			2,851
	FTEs				33,765			33,696			33,677			33,869			33,952
(1)	Amounts reported are unpaid principal balance.
(2)	Includes the impact of the FDIC loss sharing agreements on the covered securities.

19

BB&T Corporation
Non-GAAP Reconciliations
(Dollars in millions, except per share data, shares in thousands)
			Quarter Ended
			March 31		Dec. 31		Sept. 30		June 30		March 31
Efficiency and Fee Income Ratios (1)			2014		2013		2013		2013		2013
Efficiency ratio - GAAP			61.2	%	61.1	%	62.4	%	59.9	%	57.5	%
	Effect of securities gains (losses), net		―		0.1		―		0.5		0.5
	Effect of merger-related and restructuring charges, net		(0.3)		(0.4)		(0.2)		(1.1)		(0.2)
	Effect of gain on sale of subsidiary		―		0.8		―		―		―
	Effect of FDIC loss share accounting		(0.1)		(0.2)		―		(0.2)		0.5
	Effect of foreclosed property expense		(0.4)		(0.5)		(0.6)		(0.5)		(0.8)
	Effect of owned real estate adjustments		―		―		(0.5)		―		―
	Effect of amortization of intangibles		(1.1)		(1.0)		(1.0)		(1.0)		(1.1)
Efficiency ratio - reported			59.3		59.9		60.1		57.6		56.4
Fee income ratio - GAAP			39.7	%	41.4	%	38.4	%	41.9	%	40.7	%
	Effect of securities gains (losses), net		―		(0.1)		―		(0.5)		(0.5)
	Effect of gain on sale of subsidiary		―		(0.8)		―		―		―
	Effect of FDIC loss share accounting		3.5		3.0		3.2		3.2		2.7
Fee income ratio - reported			43.2		43.5		41.6		44.6		42.9

		Quarter Ended
	March 31			Dec. 31			Sept. 30			June 30			March 31
Return on Average Tangible Common Shareholders' Equity (2)	2014			2013			2013			2013			2013
Net income available to common shareholders	$	501		$	537		$	268		$	547		$	210
Plus: Amortization of intangibles, net of tax		14			16			16			17			17
Tangible net income available to common shareholders	$	515		$	553		$	284		$	564		$	227
Average common shareholders' equity	$	20,610		$	19,657		$	19,491		$	19,293		$	19,138
Less: Average intangible assets		7,379			7,397			7,431			7,456			7,464
Average tangible common shareholders' equity	$	13,231		$	12,260		$	12,060		$	11,837		$	11,674
Return on average tangible common shareholders' equity		15.81	%		17.91	%		9.33	%		19.12	%		7.87	%

	March 31			Dec. 31			Sept. 30			June 30			March 31
Basel III Common Equity Tier 1 Ratio - Preliminary	2014			2013			2013			2013			2013
Tier 1 common equity under Basel 1	$	14,096		$	13,471		$	13,003		$	12,794		$	12,316
Adjustments		96			98			64			62			48
Common equity Tier 1 under Basel III definition	$	14,192		$	13,569		$	13,067		$	12,856		$	12,364
Estimated risk-weighted assets under Basel III definition	$	142,258		$	140,670		$	142,003		$	142,822		$	140,800
Basel III common equity Tier 1 ratio		10.0	%		9.7	%		9.2	%		9.0	%		8.8	%
														March 31
Net Charge-offs Excluding Impact of Nonprime Automobile Lending Process Change (Excluding Covered)														2014
Net charge-offs													$	156
Less: Impact of nonprime automobile lending process change														(23)
Net charge-offs, as adjusted													$	134
Average loans and leases													$	114,498
Net charge-offs as a percentage of average loans and leases, as adjusted (excluding covered)														0.47	%

	Quarter Ended March 31, 2013								Quarter Ended September 30, 2013
Certain Performance Measures (1)	GAAP			Tax Adj.		Adjusted			GAAP			Tax Adj.		Adjusted
Net income available to common shareholders	$	210		$	281	$	491		$	268		$	235	$	503
Weighted average number of diluted common shares		711,020			―		711,020			716,101			―		716,101
Diluted EPS	$	0.29				$	0.69		$	0.37				$	0.70
Net income	$	256		$	281	$	537		$	309		$	235	$	544
Average assets		182,013			100		182,113			181,021			3		181,024
Return on average assets		0.57	%				1.20	%		0.68	%				1.19	%
Net income	$	256		$	281	$	537		$	309		$	235	$	544
Average risk-weighted assets		136,141			100		136,241			138,276			3		138,279
Return on average risk-weighted  assets		0.76	%				1.60	%		0.89	%				1.56	%
Net income available to common shareholders	$	210		$	281	$	491		$	268		$	235	$	503
Average common shareholders' equity		19,138			100		19,238			19,491			3		19,494
Return on average common shareholders' equity		4.44	%				10.34	%		5.44	%				10.22	%
Tangible net income available to common shareholders	$	227		$	281	$	508		$	284		$	235	$	519
Average tangible common shareholders' equity		11,674			100		11,774			12,060			3		12,063
Return on average tangible common shareholders' equity		7.87	%				17.48	%		9.33	%				17.05	%

(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.

20