BB&T 2010 Annual Report Download - page 60

Download and view the complete annual report

Please find page 60 of the 2010 BB&T annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 181

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181

The following tables provide further details regarding BB&T’s commercial real estate lending, residential
mortgage and consumer home equity portfolios as of December 31, 2010.
Table 14-1
Real Estate Lending Portfolio Credit Quality and Geographic Distribution
Commercial Real Estate Loan Portfolio (1) (2)
As of / For the Period Ended December 31, 2010
Residential Acquisition, Development, and Construction
Loans (“ADC”) Builder /
Construction Land / Land
Development Condos /
Townhomes Total
ADC
(Dollars in millions, except average loan and average client size)
Total loans outstanding $ 948 $2,263 $ 186 $3,397
Average loan size (in thousands) 220 502 1,012 378
Average client size (in thousands) 549 828 2,312 744
Nonaccrual loans and leases as a percentage of category 18.19% 14.61% 5.24% 15.09%
Gross charge-offs as a percentage of category:
Year-to-Date 7.85 16.84 8.89 13.86
Quarter-to-Date 8.44 13.15 5.25 11.40
As of / For the Period Ended December 31, 2010
Gross Charge-Offs as a Percentage of
Outstandings
ADC by State of Origination Total
Outstandings
Nonaccrual as a
Percentage of
Outstandings Year-to-Date Quarter-to-Date
(Dollars in millions)
North Carolina $1,541 14.86% 8.40% 11.54%
Virginia 614 5.45 7.35 6.31
South Carolina 315 16.62 13.15 12.40
Georgia 278 21.83 33.07 22.47
Florida 177 24.07 30.57 22.97
Washington, D.C. 113 21.04 20.37 2.06
Tennessee 100 18.60 13.53 14.49
West Virginia 79 7.91 14.39 2.67
Kentucky 76 17.09 17.87 .45
Maryland 59 5.54 3.05 4.86
Alabama 44 68.07 19.10 5.58
Other 1 — — —
Total $3,397 15.09% 13.86% 11.40%
As of / For the Period Ended December 31, 2010
Other Commercial Real Estate Loans (3) Commercial
Construction
Commercial
Land/
Development
Permanent
Income
Producing
Properties
Total Other
Commercial
Real Estate
(Dollars in millions, except average loan and average client size)
Total loans outstanding $ 952 $1,408 $9,091 $11,451
Average loan size (in thousands) 1,018 652 503 541
Average client size (in thousands) 1,488 773 761 793
Nonaccrual loans and leases as a percentage of category 1.98% 10.50% 2.62% 3.53%
Gross charge-offs as a percentage of category:
Year-to-Date 2.11 9.11 3.02 3.83
Quarter-to-Date 1.27 7.23 3.70 3.94
60