BB&T 2014 Annual Report Download - page 89
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Table of Contents
Cash and due from banks $ 1,639 $ 1,565
Interest-bearing deposits with banks 529 452
Federal funds sold and securities purchased under resale agreements or similar
arrangements 157 148
Restricted cash 374 422
AFS securities at fair value ($1,393 covered by FDIC loss share at December 31, 2013) 20,907 22,104
HTM securities (fair value of $20,313 and $17,530 at December 31, 2014
and December 31, 2013, respectively) 20,240 18,101
LHFS at fair value 1,423 1,222
Loans and leases ($654 and $2,035 covered by FDIC loss share at December 31,
2014 and December 31, 2013, respectively) 119,884 115,917
ALLL (1,474) (1,732)
Loans and leases, net of ALLL 118,410 114,185
Premises and equipment 1,827 1,869
Goodwill 6,869 6,814
Core deposit and other intangible assets 505 569
Residential MSRs at fair value 844 1,047
Other assets ($38 and $163 of foreclosed property and other assets covered by FDIC
loss share at December 31, 2014 and December 31, 2013, respectively) 13,090 14,512
Total assets $ 186,814 $ 183,010
Deposits:
Noninterest-bearing deposits $ 38,786 $ 34,972
Interest-bearing deposits 90,254 92,503
Total deposits 129,040 127,475
Short-term borrowings 3,717 4,138
Long-term debt 23,312 21,493
Accounts payable and other liabilities 6,319 7,095
Total liabilities 162,388 160,201
Commitments and contingencies (Note 15)
Shareholders’ equity:
Preferred stock, $5 par, liquidation preference of $25,000 per share 2,603 2,603
Common stock, $5 par 3,603 3,533
Additional paid-in capital 6,517 6,172
Retained earnings 12,366 11,044
AOCI, net of deferred income taxes (751) (593)
Noncontrolling interests 88 50
Total shareholders’ equity 24,426 22,809
Total liabilities and shareholders’ equity $ 186,814 $ 183,010
Common shares outstanding 720,698 706,620
Common shares authorized 2,000,000 2,000,000
Preferred shares outstanding 107 107
Preferred shares authorized 5,000 5,000
The accompanying notes are an integral part of these consolidated financial statements.
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Source: BB&T CORP, 10-K, February 25, 2015 Powered by Morningstar® Document Research℠
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