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BB&T Bankcard Corporation

Columbus, GA · Cert 34780

FDIC

Q4 2012

$2.8BAssets
$2.5BLoans
$924.3MDeposits
$669.2MEquity
Loan mix
0%RE $0.0B21%C&I $0.5B79%Consumer $2.0BQ4 2011Q4 2012
Deposit mix
92%Interest-bearing $851.3M8%Noninterest $73.0MQ4 2011Q4 2012

NIM

7.08%Q4 ’116.94%Q4 ’12+6%

Non-interest income vs. expense

5.07%Q4 ’115.93%Q4 ’12+8%

Executive Summary

  • Earnings: ROA of 5.18%, up 84 bps year over year; NIM at 6.82%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 2.24%.
  • Funding: loans stand at 270.16% of deposits as of Q4 2012.

Financial Results

Return on Assets (quarter, annualized)

5.18%+84 bps YoY

Net Interest Margin (quarter, annualized)

6.82%+40 bps YoY

Efficiency Ratio (quarter, annualized)

35.37%+342 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2011Q1 2012Q2 2012Q3 2012Q4 2012YoY ΔTrend
Earnings
Return on Assets4.34%6.75%5.85%4.64%5.18%+84 bps
Return on Equity23.24%34.06%27.03%20.28%22.03%-121 bps
Net Interest Margin6.42%6.31%6.37%6.59%6.82%+40 bps
Efficiency Ratio31.95%33.07%31.21%34.92%35.37%+342 bps
Non-Interest Burden-4.30%-3.93%-4.59%-4.15%-3.95%+35 bps
Growth
Asset Growth (YoY)6.62%7.20%2.56%3.43%3.02%-360 bps
Loan Growth (YoY)9.98%9.20%8.17%5.41%4.09%-589 bps
Deposit Growth (YoY)-11.75%-14.72%-15.67%-16.59%-15.40%-365 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans2.65%2.64%2.52%2.22%2.24%-40 bps
Allowance / Loans4.72%3.94%3.68%3.94%3.97%-75 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital20.20%22.30%23.70%24.58%24.86%+466 bps
Equity / Assets18.78%20.91%22.41%23.34%23.65%+487 bps
Liquidity & Funding
Loans / Deposits220%259%268%280%270%+5,059 bps
Liquid Assets / Assets1.85%1.83%1.76%1.61%1.40%-45 bps
CRE / Total Capitaln/an/an/an/an/an/an/a