BB&T 2012 Annual Report Download - page 151

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129
Fair Value Measurements Using Significant Unobservable Inputs
Private
Equity and
Covered Residential Net Similar
Year Ended December 31, 2012 Trading Securities MSRs Derivatives Investments
(Dollars in millions)
Balance at January 1, 2012 $ 1 $ 984 $ 563 $ 59 $ 261
Total realized and unrealized gains (losses):
Included in earnings:
Interest income ― 48 ― ― ―
Mortgage banking income ― ― (32) 458 ―
Other noninterest income ― ― ― ― 21
Included in unrealized net holding gains (losses)
in OCI ― 88 ― ― ―
Purchases 4 ― ― ― 101
Issuances ― ― 270 308 ―
Sales (4) ― ― ― (59)
Settlements ― (126) (174) (771) (1)
Balance at December 31, 2012 $ 1 $ 994 $ 627 $ 54 $ 323
Change in unrealized gains (losses) included in earnings for
the period, attributable to assets and liabilities still held
at December 31, 2012 $ ―$ 48 $ (32) $ 54 $ 12
Fair Value Measurements Using Significant Unobservable Inputs
Private
States & Equity and
Political Other Covered Residential Net Similar
Year Ended December 31, 2011 Trading Subdivisions Securities Securities MSRs Derivatives Investments
(Dollars in millions)
Balance at January 1, 2011 $ 11 $ 119 $ 7 $ 954 $ 830 $ (25) $ 266
Total realized and unrealized gains (losses):
Included in earnings:
Interest income ― ― ― 54 ― ― ―
Mortgage banking income ― ― ― ― (341) 151 ―
Other noninterest income (3) ― ― ― ― ― 64
Included in unrealized net holding
gains (losses) in OCI ― (9) (1) 24 ― ― ―
Purchases 7 ― ― ― ― ― 61
Issuances ― ― ― ― 225 110 ―
Sales (14) ― ― ― ― ― (112)
Settlements ― (53) (1) (48) (151) (177) (15)
Transfers into Level 3 ― ― ― ― ― ― 1
Transfers out of Level 3 ― (57) (5) ― ― ― (4)
Balance at December 31, 2011 $ 1 $ ―$ ―$ 984 $ 563 $ 59 $ 261
Change in unrealized gains (losses)
included in earnings for the period,
attributable to assets and liabilities
still held at December 31, 2011 $ ―$ ―$ ―$ 54 $ (341) $ 59 $ 39