BB&T 2012 Annual Report Download - page 75
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53
this context, BB&T strives to meet the credit needs of businesses and consumers in its markets while pursuing a balanced
strategy of loan profitability, loan growth and loan quality.
The following table summarizes BB&T’ s loan portfolio based on the regulatory classification of the portfolio, which focuses
on the underlying loan collateral, and differs from internal classifications presented herein that focus on the primary purpose
of the loan. Covered loans are included in their respective categories.
Table 13
Composition of Loan and Lease Portfolio
December 31,
2012 2011 2010 2009 2008
(Dollars in millions)
Commercial, financial and agricultural loans $ 23,863 $ 21,452 $ 20,490 $ 19,076 $ 17,489
Lease receivables 1,114 1,067 1,158 1,092 1,315
Real estate-construction and land development loans 5,900 7,714 10,969 15,353 18,012
Real estate-mortgage loans 65,760 60,821 57,418 55,671 48,719
Consumer loans 17,966 16,415 13,532 12,464 11,710
Total loans and leases held for investment 114,603 107,469 103,567 103,656 97,245
LHFS 3,761 3,736 3,697 2,551 1,424
Total loans and leases $ 118,364 $ 111,205 $ 107,264 $ 106,207 $ 98,669
The following table is based upon the regulatory classification of loans and reflects the scheduled maturities of commercial,
financial and agricultural loans, as well as real estate construction loans:
Table 14
Selected Loan Maturities and Interest Sensitivity
December 31, 2012
Commercial, Real Estate:
Financial Construction
and and Land
Agricultural Development
Loans Loans Total
(Dollars in millions)
Fixed Rate:
1 year or less (1) $ 2,688 $ 233 $ 2,921
1-5 years 2,699 772 3,471
After 5 years 3,793 1,074 4,867
Total 9,180 2,079 11,259
Variable Rate:
1 year or less (1) 3,508 1,395 4,903
1-5 years 8,935 1,959 10,894
After 5 years 2,240 467 2,707
Total 14,683 3,821 18,504
Total loans and leases (2) $ 23,863 $ 5,900 $ 29,763
(1) Includes loans due on demand.
(2) The above table excludes: (Dollars in millions)
(i) consumer loans $ 17,966
(ii) real estate mortgage loans 65,760
(iii) LHFS 3,761
(iv) lease receivables 1,114
Total $ 88,601
Scheduled repayments are reported in the maturity category in which the payment is due. Determinations of maturities are
based upon contract terms. BB&T’ s credit policy typically does not permit automatic renewal of loans. At the scheduled
maturity date (including balloon payment date), the customer generally must request a new loan to replace the matured loan
and execute either a new note or note modification with rate, terms and conditions negotiated at that time.