Regions Bank 2011 Annual Report Download - page 14

REGIONS 2011 ANNUAL REPORT12
the economy and the resulting banking envi-
ronment. With this backdrop, we will remain
intensely focused on executing our business
plan and on the areas we can control. We are
confi dent that we can deliver continued im-
provement in our operating results and build
long-term shareholder value – a belief that is
built upon just how far Regions has come in the
past few years in spite of the market turmoil.
Looking at a few key metrics, we:
• Reduced our Investor Real Estate portfolio
50% from the end of 2007
• Doubled our loan loss allowance to $2.7 billion
• Increased our Tier 1 common1 ratio 194 basis
points to 8.5% in four years
• Reduced our loan to deposit ratio from 100%
to 81% – we are core funded
As a result of our de-risking efforts, our strong
core franchise, diverse business mix and a clear
path to building sustainable performance, we
believe Regions is clearly a much stronger fran-
chise today. Our strategy is working. Recovery
and rebuilding do take time, but with each pass-
ing quarter, we are demonstrating progress and
profi tability moving forward.
THANK YOU
In closing, I want to thank our Board of Directors
for their support and guidance over the past
year. I greatly appreciate our chairman, Earnie
Deavenport, for his wise counsel and commit-
ment. I also want to thank Dr. Condoleezza Rice
for her valuable insight and expertise as an
advisor to our Board of Directors. And I also
want to thank our Operating Committee for its
leadership through an incredibly challenging
environment, and our associates who provide
award-winning customer service every day.
Finally, I thank you, our shareholders, for your
confi dence, continuing support and investment.
O.B. Grayson Hall
President and Chief Executive Offi cer
From left to right: Earnest W. Deavenport
Jr., Dr. Condoleezza Rice, O.B. Grayson Hall Jr.
1 Non-GAAP, see Form 10-K Table 2 for GAAP to non-GAAP reconciliation