BB&T 2011 Annual Report Download - page 111

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December 31, 2010
Allowance for Loan and Lease Losses
Individually
Evaluated
for
Impairment
Collectively
Evaluated
for
Impairment
Loans
Acquired
With
Deteriorated
Credit
Quality Total
(Dollars in millions)
Commercial:
Commercial and industrial $ 96 $ 525 $ — $ 621
Commercial real estate - other 63 383 — 446
Commercial real estate - residential ADC 75 394 — 469
Other lending subsidiaries 1 20 — 21
Retail:
Direct retail lending 26 220 — 246
Revolving credit 25 84 — 109
Residential mortgage 167 131 — 298
Sales finance 1 46 — 47
Other lending subsidiaries 2 175 — 177
Covered and other acquired — 54 90 144
Unallocated — 130 — 130
Total $ 456 $ 2,162 $ 90 $ 2,708
December 31, 2010
Loans and Leases
Individually
Evaluated
for
Impairment
Collectively
Evaluated
for
Impairment
Loans
Acquired
With
Deteriorated
Credit
Quality Total
(Dollars in millions)
Commercial:
Commercial and industrial $ 708 $ 33,342 $ — $ 34,050
Commercial real estate - other 691 10,748 — 11,439
Commercial real estate - residential ADC 684 2,713 — 3,397
Other lending subsidiaries 4 3,399 — 3,403
Retail:
Direct retail lending 177 13,572 — 13,749
Revolving credit 62 2,065 — 2,127
Residential mortgage 803 16,747 — 17,550
Sales finance 5 7,045 — 7,050
Other lending subsidiaries 24 4,526 — 4,550
Covered and other acquired — 3,394 2,858 6,252
Total $ 3,158 $ 97,551 $ 2,858 $ 103,567
BB&T monitors the credit quality of its commercial portfolio segment using internal risk ratings. These risk ratings are based
on established regulatory guidance. Loans with a Pass rating represent those not considered as a problem credit. Special
mention loans are those that have a potential weakness deserving management’s close attention. Substandard loans are those
where a well-defined weakness has been identified that may put full collection of contractual cash flows at risk. Substandard
loans are placed in nonaccrual status when BB&T believes it is no longer probable it will collect all contractual cash flows.
BB&T assigns an internal risk rating at loan origination and reviews the relationship again on an annual basis or at any
point management becomes aware of information affecting the borrower’s ability to fulfill their obligations.
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