BB&T 2007 Annual Report Download - page 23

accounts and other short-term borrowings. See Note 9 “Federal Funds Purchased, Securities Sold Under
Agreements to Repurchase, and Short-Term Borrowed Funds” in the “Notes to Consolidated Financial
Statements” herein for additional disclosures related to these types of borrowings.
BB&T also utilizes longer-term borrowings when management determines that the pricing and maturity
options available through these sources create cost-effective options for funding asset growth and satisfying
capital needs. BB&T’s long-term borrowings include long-term FHLB advances to Branch Bank, senior and
subordinated debt issued by BB&T Corporation and Branch Bank, junior subordinated debt underlying trust
preferred securities and capital leases. See Note 10 “Long-Term Debt” in the “Notes to Consolidated Financial
Statements” herein for additional disclosures related to long-term borrowings.
Employees
At December 31, 2007, BB&T had approximately 29,400 full-time equivalent employees compared to
approximately 29,300 full-time equivalent employees at December 31, 2006.
Properties
BB&T and its significant subsidiaries occupy headquarter offices that are either owned or operated under
long-term leases. BB&T also owns free-standing operations centers, with its primary operations and information
technology center located in Wilson, North Carolina. BB&T also owns or leases significant office space used as the
Corporation’s headquarters in Winston-Salem, North Carolina. At December 31, 2007, Branch Bank operated
1,492 branch offices in North Carolina, South Carolina, Virginia, Maryland, Georgia, West Virginia, Tennessee,
Kentucky, Alabama, Florida, Indiana and Washington, D.C. BB&T also operates numerous insurance agencies
and other businesses that occupy facilities. Office locations are either owned or leased. Management believes that
the premises occupied by BB&T and its subsidiaries are well-located and suitably equipped to serve as financial
services facilities. See Note 6 “Premises and Equipment” in the “Notes to Consolidated Financial Statements” in
this report for additional disclosures related to BB&T’s properties and other fixed assets.
Web Site Access to BB&T’s Filings with the Securities and Exchange Commission
All of BB&T’s electronic filings with the Securities and Exchange Commission (“SEC”), including the Annual
Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and amendments to these
reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended,
are made available at no cost on the Corporation’s web site, www.BBT.com, through the Investor Relations link
as soon as reasonably practicable after BB&T files such material with, or furnishes it to, the SEC. BB&T’s SEC
filings are also available through the SEC’s web site at www.sec.gov.
Executive Officers of BB&T
The following table lists the members of BB&T’s executive management team:
Name of Executive Officer Title Years of Service Age
John A. Allison IV Chairman and Chief Executive Officer 37 59
Ricky K. Brown Senior Executive Vice President and Banking Network Manager 31 52
W. Kendall Chalk Senior Executive Vice President and Chief Credit Officer 33 62
Barbara F. Duck Senior Executive Vice President and Electronic Delivery
Channels Manager
20 41
Donna C. Goodrich Senior Executive Vice President and Deposit Services Manager 22 45
Robert E. Greene Senior Executive Vice President and Risk Management and
Administrative Group Manager
35 57
Christopher L. Henson Senior Executive Vice President and Chief Financial Officer 23 46
Kelly S. King Chief Operating Officer 36 59
Clarke R. Starnes III Senior Executive Vice President and Specialized Lending Group
Manager
26 48
Steven B. Wiggs Senior Executive Vice President and Chief Marketing Officer 29 50
C. Leon Wilson III Senior Executive Vice President and Operations Division
Manager
31 52
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