Regions Bank 2009 Annual Report Download - page 16

• Regions’ ability to develop competitive new products and services in a timely manner and the
acceptance of such products and services by Regions’ customers and potential customers.
• Regions’ ability to keep pace with technological changes.
• Regions’ ability to effectively manage credit risk, interest rate risk, market risk, operational risk, legal
risk, liquidity risk, and regulatory and compliance risk.
• Regions’ ability to ensure adequate capitalization is impacted by inherent uncertainties in forecasting
credit losses.
• The cost and other effects of material contingencies, including litigation contingencies.
• The effects of increased competition from both banks and non-banks.
• The effects of geopolitical instability and risks such as terrorist attacks.
• Possible changes in consumer and business spending and saving habits could affect Regions’ ability to
increase assets and to attract deposits.
• The effects of weather and natural disasters such as droughts and hurricanes.
The words “believe,” “expect,” “anticipate,” “project” and similar expressions often signify forward-looking
statements. You should not place undue reliance on any forward-looking statements, which speak only as of the
date made. We assume no obligation to update or revise any forward-looking statements that are made from time
to time.
See also Item 1A. “Risk Factors” of this Annual Report on Form 10-K.
Item 1. Business
Regions Financial Corporation (together with its subsidiaries on a consolidated basis, “Regions” or
“Company”) is a financial holding company headquartered in Birmingham, Alabama, which operates throughout
the South, Midwest and Texas. Regions provides traditional commercial, retail and mortgage banking services, as
well as other financial services in the fields of investment banking, asset management, trust, mutual funds,
securities brokerage, insurance and other specialty financing. At December 31, 2009, Regions had total
consolidated assets of approximately $142.3 billion, total consolidated deposits of approximately $98.7 billion
and total consolidated stockholders’ equity of approximately $17.9 billion.
Regions is a Delaware corporation and on July 1, 2004, became the successor by merger to Union Planters
Corporation and the former Regions Financial Corporation. Its principal executive offices are located at 1900
Fifth Avenue North, Birmingham, Alabama 35203, and its telephone number at that address is [phone].
Banking Operations
Regions conducts its banking operations through Regions Bank, an Alabama chartered commercial bank
that is a member of the Federal Reserve System. At December 31, 2009, Regions operated approximately 2,300
ATMs and 1,895 banking offices in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky,
Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, Texas and Virginia.
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