UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

					
Date of Report (Date of earliest event reported)    	  	July 22, 2011	  	 	

	
SunTrust Banks, Inc.	
(Exact name of registrant as specified in its charter)	

Georgia	 	001-08918	 	58-1575035	
(State or other jurisdiction
of incorporation)	 	(Commission
File Number)	 	(IRS Employer
Identification No.)	

303 Peachtree St., N.E., Atlanta, Georgia	 	30308	
(Address of principal executive offices)	 	(Zip Code)	

Registrant’s telephone number, including area code    	  	(404) 588-7711	  	 	
 
Not Applicable
 
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)	
 
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)	
 
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))	
 
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))	

Item 2.02 Results of Operations and Financial Condition.
Item 7.01 Regulation FD.
On July 22, 2011, SunTrust Banks, Inc. (the “Registrant”) announced financial results for the period ended June 30, 2011. A copy of the news release announcing such results is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The Registrant intends to hold an investor call and webcast to discuss these results on July 22, 2011, at 8:00 a.m. Eastern time. Additional presentation materials relating to such call are furnished hereto as Exhibit 99.2 and are incorporated herein by reference.
The foregoing information is furnished pursuant to Item 2.02, “Results of Operations and Financial Condition,” and Item 7.01, “Regulation FD.” Consequently, it is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section. It may only be incorporated by reference into another filing under the Exchange Act or Securities Act of 1933 if such subsequent filing specifically references this Form 8-K. All information in the news release and presentation materials speak as of the date thereof and the Registrant does not assume any obligation to update said information in the future. In addition, the Registrant disclaims any inference regarding the materiality of such information which otherwise may arise as a   result of its furnishing such information under Item 2.02 or Item 7.01 of this report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits

99.1	  	News release dated July 22, 2011 (furnished with the Commission as a part of this Form 8-K).	
		
99.2	  	Presentation materials dated July 22, 2011 (furnished with the Commission as a part of this Form 8-K).	

SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	 		 	SUNTRUST BANKS, INC.
            (Registrant)	
				
Date: July 22, 2011.	 		 	By:	 	/s/ Thomas E. Panther	
	 		 		 	Thomas E. Panther,	
	 		 		 	Senior Vice President and Controller	

Exhibit 99.1

	 	News Release	

Contact:	 		  		  		  		
Investors	 	Media	  		  		  		
Kris Dickson	 	Mike McCoy	  		  		  		
(404) 827-6714	 	(404) 588-7230	  		  		  		
For Immediate Release
July 22, 2011
SunTrust Reports Second Quarter 2011 Results
Earnings Per Share Increased to $0.33; Asset Quality Meaningfully Improved

ATLANTA — SunTrust Banks, Inc. (NYSE: STI) today reported net income available to common shareholders of $174 million, or $0.33 per average common share, for the second quarter of 2011. These results compare favorably to the prior quarter’s earnings of $0.08 per average common share, or $0.22 per share excluding the non-cash charge related to the redemption of the TARP preferred shares. Second quarter results improved significantly from a loss of $0.11 per share reported in the second quarter of 2010.
“Our earnings per share improvement continued this quarter,” said William H. Rogers, Jr., SunTrust’s president and chief executive officer. “While the economic recovery remains uneven, we continued to demonstrate meaningful improvements in asset quality. Additionally, our client-centric approach is driving even higher levels of loyalty and is increasingly evidencing itself in the form of enhanced performance by many of our businesses.” Mr. Rogers also noted that the company is committed to even stronger performance in the future, including an increased focus on expense management.
Second Quarter 2011 Financial Highlights
Income Statement
 
 	•	 	Net income available to common shareholders was $0.33 per average common share, compared to earnings of $0.08 per average common share, or $0.22 per share excluding the impact related to the redemption of TARP preferred shares, during the prior quarter.	
 
 	•	 	Net interest income was up 1% from the prior quarter and 6% from the prior year. The growth from the prior quarter was mainly related to an additional business day in the current quarter. The change over the same quarter last year was primarily due to lower funding costs resulting from lower rates paid on deposits and a continued shift toward lower-cost deposits.	
 
 	•	 	Net interest margin was stable compared to the prior quarter at 3.53% and increased 20 basis points over the second quarter of 2010.	
 
 	•	 	Noninterest income increased 3% over the prior quarter due to widespread growth in consumer and commercial categories, led by strong investment banking income. Compared to the prior year, noninterest income was down 4%, primarily due to lower net gains on the sale of investment securities, lower service charges on deposit accounts, and lower valuation gains on the Company’s index-linked CDs and public debt carried at fair value.	
 
 	•	 	Noninterest expense increased 5% compared to the prior quarter driven primarily by higher environmental factors, including credit-related expenses and an increase in FDIC insurance assessments. Noninterest expense increased 3% over the prior year, primarily due to compensation expenses associated with improved business performance and an increase in full-time equivalent employees.	

Credit Quality
 
 	•	 	Credit quality continued to improve with net charge-offs, nonperforming loans, nonperforming assets, and early stage delinquencies all declining.	
 
 	•	 	Nonperforming loans declined for the eighth consecutive quarter, decreasing 9% from the prior quarter and 23% from the prior year. Net charge-offs declined 12% and 30%, respectively.	
 
 	•	 	Provision for credit losses declined due to the lower net charge-offs and the impact of improved credit quality on the allowance for loan losses. The allowance for loan losses was $2.7 billion, or 2.40% of total loans, down 9 basis points from the prior quarter.	
Balance Sheet
 
 	•	 	Average loans were stable compared to the prior quarter; within the context of overall portfolio de-risking, commercial & industrial loans grew while higher-risk segments of the portfolio continued to decline.	
 
 	•	 	Average client deposits grew to a record level, and the favorable trend in the deposit mix toward lower-cost accounts continued.	
 
 	•	 	Estimated capital ratios are well above current regulatory requirements, as well as the Basel III proposed guidance. The Tier 1 capital and Tier 1 common ratios were estimated to be 11.10% and 9.20%, respectively.	

 	  	2Q 2010	 	 	1Q 2011	 	 	2Q 2011	 	
Income Statement	  				 				 				
				
(Presented on a fully taxable equivalent basis)	  				 				 				
				
(Dollars in millions, except per share data)	  				 				 				
Net income	  	$	12	  	 	$	180	  	 	$	178	  	
Net (loss)/income available to common shareholders	  	 	(56	) 	 	 	38	  	 	 	174	  	
Earnings/(loss) per average common diluted share	  	 	(0.11	) 	 	 	0.08	  	 	 	0.33	  	
Earnings/(loss) per average common diluted share, excluding impact of TARP redemption	  	 	(0.11	) 	 	 	0.22	  	 	 	0.33	  	
Total revenue	  	 	2,160	  	 	 	2,160	  	 	 	2,198	  	
Total revenue, excluding net securities gains/losses	  	 	2,103	  	 	 	2,096	  	 	 	2,166	  	
Net interest income	  	 	1,208	  	 	 	1,277	  	 	 	1,286	  	
Provision for credit losses	  	 	662	  	 	 	447	  	 	 	392	  	
Noninterest income	  	 	952	  	 	 	883	  	 	 	912	  	
Noninterest expense	  	 	1,503	  	 	 	1,465	  	 	 	1,542	  	
Net interest margin	  	 	3.33	% 	 	 	3.53	% 	 	 	3.53	% 	
				
Balance Sheet	  				 				 				
(Dollars in billions)	  				 				 				
Average loans	  	$	113.0	  	 	$	115.2	  	 	$	114.9	  	
Average consumer and commercial deposits	  	 	116.5	  	 	 	120.7	  	 	 	121.9	  	
				
Capital	  				 				 				
Tier 1 capital ratio (1)	  	 	13.51	% 	 	 	11.00	% 	 	 	11.10	% 	
Tier 1 common equity ratio (1)	  	 	7.92	% 	 	 	9.05	% 	 	 	9.20	% 	
Total average shareholders’ equity to total average assets	  	 	13.03	% 	 	 	13.35	% 	 	 	11.44	% 	
				
Asset Quality	  				 				 				
Net charge-offs to average loans (annualized)	  	 	2.57	% 	 	 	2.01	% 	 	 	1.76	% 	
Allowance for loan losses to period end loans	  	 	2.81	% 	 	 	2.49	% 	 	 	2.40	% 	
Nonperforming loans to total loans	  	 	4.16	% 	 	 	3.46	% 	 	 	3.14	% 	
 
(1)  	Current period Tier 1 capital and Tier 1 common equity ratios are estimated as of the earnings release date.	
 
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Consolidated Financial Performance
(Presented on a fully taxable-equivalent basis unless otherwise noted)
Revenue
Total revenue was $2,198 million for the second quarter of 2011 compared to $2,160 million in both the first quarter of 2011 and the second quarter of 2010. Net gains from the sales of securities were $32 million in the current quarter compared to $64 million in the first quarter of 2011 and $57 million in the second quarter of 2010. Excluding these gains, revenue increased 3% on both a sequential quarter and a prior year basis. The growth from the first quarter of 2011 was due to higher fee income, most notably investment banking income. The increase compared to the prior year quarter was due to higher net interest income, partially offset by lower deposit service charges.
For the six months ended June 30 th , total revenue was $4,358 million in 2011 compared to $4,060 million for the prior year. The 7% increase was due to higher net interest income, growth in most consumer and commercial fee categories, and higher net gains from the sales of securities, partially offset by lower service charges due to the implementation of new regulatory requirements in the third quarter of 2010.
Net Interest Income
For the second quarter of 2011, net interest income was $1,286 million compared with $1,277 million in the prior quarter and $1,208 million in the prior year quarter. The 1% increase on a sequential quarter basis was mainly related to one more day in the current quarter. The 6% increase over the second quarter of 2010 was primarily attributable to lower rates paid on deposits, a continued shift in deposit mix toward lower-cost deposits, and a reduction in higher-cost funding.
Net interest margin for the second quarter of 2011 was 3.53%, consistent with the prior quarter and up 20 basis points over the prior year quarter. On a sequential quarter basis, yields on earning assets declined five basis points, driven by lower loan yields, while rates paid on interest-bearing liabilities declined seven basis points, as rates paid on deposits and long-term debt costs declined. Compared to the prior year quarter, the favorable shift in the deposit mix, lower rates paid, and reduced long-term debt contributed to a decline in interest-bearing liabilities of 34 basis points, more than offsetting the nine basis point decline in earning asset yields, which were primarily loan-related.
For the six months ended June 30 th , net interest income was $2,563 million in 2011 compared to $2,410 million in 2010, an increase of 6%. Net interest margin was 3.53% in 2011, up 21 basis points. The primary drivers of the increases to net interest income and net interest margin were consistent with those described in the quarterly comparisons.
Noninterest Income
Total noninterest income was $912 million in the second quarter of 2011 compared with $883 million in the prior quarter and $952 million in the prior year quarter. The $29 million increase on a sequential quarter basis was due to broad-based growth in consumer and commercial fee categories, led by strong investment banking income, and partially offset by a $32 million decline in net gains on the sale of investment securities. Compared with the second quarter of 2010, noninterest income declined $40 million, or 4%, due to lower net gains on the sale of investment securities, lower service charges on deposit accounts, and lower valuation gains on the Company’s index-linked CDs and public debt carried at fair value. The year-over-year decline was partially offset by growth in certain consumer and commercial fee categories, including investment banking, retail investment services, and card fees.
Investment banking income was $95 million in the current quarter compared with $67 million in the prior quarter and $58 million in the prior year quarter. The increases of $28 million and $37 million
 
3

compared to the prior quarter and prior year, respectively, were attributable to strong syndicated finance fees, which resulted from continued market penetration.
Trading account profits and commissions were $53 million in the current quarter compared with $52 million in the first quarter and $109 million in the second quarter of 2010. Compared to the prior quarter, the essentially flat results were driven by more favorable mark-to-market impacts on the Company’s fair value debt and index-linked CDs, which offset a decline in core trading income. Compared to the prior year, the $56 million decline in trading account profits and commissions was mainly attributable to a $60 million reduction in valuation gains on the Company’s fair value debt and index-linked CDs, as the Company’s credit spreads tightened.
Mortgage production and servicing income was a combined $76 million in the second quarter of 2011, compared with $71 million in the prior quarter and $72 million in the prior year quarter. During the current quarter, mortgage repurchase costs were $90 million, an increase of $10 million over the prior quarter due to higher agency-related repurchase requests. As of June 30, 2011, reserves for mortgage repurchases totaled $299 million, an increase of $29 million over March 31, 2011, reflective of higher unresolved repurchase requests. The mortgage servicing portfolio was $162.9 billion at the end of the second quarter.
All other noninterest income categories increased on a sequential quarter basis, including service charges on deposit accounts, which reversed a declining trend from the past three quarters. Compared to the second quarter of 2010, trust income, retail investment income, and card fees all increased, while service charges on deposits declined 18% due to regulatory-induced product changes that became effective in the third quarter of 2010.
For the six months ended June 30 th , noninterest income was $1,795 million in 2011 and $1,650 million in 2010. The $145 million, or 9%, increase over the prior year was driven by growth across most consumer and commercial fee categories, including investment banking, card fees, retail investment services, and trust income. Higher gains on the sale of investment securities also contributed to the growth, which was partially offset by a decline in service charge income.
Noninterest Expense
Noninterest expense was $1,542 million in the current quarter compared with $1,465 million in the prior quarter and $1,503 million in the prior year quarter. The $77 million, or 5%, increase on a sequential quarter basis was largely driven by a $37 million increase in credit-related expenses, attributable to legal and compliance accruals. The FDIC insurance assessment increased $10 million due to a change in the assessment methodology. Personnel-related expenses declined 1% due to seasonal declines in employee benefits, partially offset by higher incentive compensation.
The $39 million, or 3%, increase in noninterest expenses over the second quarter of 2010 was largely driven by a $66 million increase in employee compensation. This was attributable to a 3% increase in personnel – primarily in client service and loss mitigation positions - and higher incentive compensation related to improved business performance. FDIC insurance premiums increased $16 million due to the change in the assessment methodology. Additionally, credit-related expenses increased $15 million as higher legal and compliance costs were partially offset by a decline in other real estate expenses. The second quarter of 2010 also included $63 million of losses related to the extinguishment of debt.
For the six months ended June 30 th , noninterest expense was $3,007 million in 2011 and $2,864 million in 2010. The 5% increase was attributable to higher personnel-related expenses, credit-related expenses, and FDIC insurance premiums, partially offset by lower losses on the extinguishment of debt.
 
4

Income Taxes
In the second quarter of 2011, the Company recorded a provision for income taxes of $58 million compared with a provision of $33 million in the prior quarter and a $50 million benefit in the second quarter of 2010. The effective tax rate in the current quarter increased to 24.5% and was impacted by the recognition of specific discrete items.
U.S. Treasury Preferred Dividends
The Company formerly paid dividends to the U.S. Treasury on its $4.85 billion of TARP preferred securities. The Company redeemed these shares at the end of the first quarter of 2011, and, therefore, did not pay such dividends in the second quarter of 2011. The first quarter of 2011 included $66 million of preferred dividends paid to the U.S. Treasury, as well as a $74 million non-cash charge associated with the redemption of the TARP preferred shares. The second quarter of 2010 included $66 million of preferred dividends paid to the U.S. Treasury.
Balance Sheet
As of June 30, 2011, SunTrust had total assets of $172.3 billion and shareholders’ equity of $19.7 billion, representing 11.4% of total assets. Book and tangible book value per common share were $36.30 and $24.57, respectively, as of June 30, 2011, up 2% and 3%, respectively, from the prior quarter.
Loans
Average loans for the current quarter were $114.9 billion, compared with average balances of $115.2 billion and $113.0 billion during the first quarter of 2011 and the second quarter of 2010, respectively. While average balances were relatively flat on a sequential quarter basis, commercial & industrial loans increased $1.0 billion, or 2%, while higher-risk categories such as commercial construction and certain other residential real estate-related loans continued to decline. The $1.9 billion, or 2%, average balance increase over the second quarter of 2010 was driven by the acquisition of auto and student loans, as well as from organic growth in commercial & industrial loans and government-guaranteed residential mortgage loans. The risk profile of the loan portfolio continued to improve during the past year; in addition to higher-risk loan categories declining meaningfully, approximately 8% of the Company’s loan portfolio was comprised of government-guaranteed loans as of June 30, 2011, compared to approximately 6% as of June 30, 2010.
Deposits
Average consumer and commercial deposits in the second quarter of 2011 were $121.9 billion, compared to average balances of $120.7 billion and $116.5 billion in the prior quarter and prior year quarter, respectively. The favorable shift in the deposit mix continued during the current quarter, as the sequential increase of $1.2 billion, or 1%, was concentrated in demand deposits, while time deposits declined by $0.3 billion, or 1%.
Compared to the second quarter of 2010, average consumer and commercial deposits increased $5.4 billion, or 5%. Average lower-cost deposit products increased a combined $9.7 billion, or 11%, while time deposits declined $4.3 billion, or 18%. While changing client preferences and the economic environment have contributed to this favorable shift in deposit mix, SunTrust also attributes the lower-cost deposit growth to its investments in enhancing the client experience and its marketing initiatives.
 
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Capital and Liquidity
The Company’s estimated capital ratios are well above regulatory requirements, as well as the proposed guidelines recently published by the Basel Committee and endorsed by U.S. regulatory agencies. The Tier 1 capital and Tier 1 common ratios were estimated to have expanded to 11.10% and 9.20%, respectively, and the tangible equity to tangible assets ratio increased to 8.07% as of June 30, 2011. The Company also has substantial available liquidity, as client deposits have been retained in cash and high-quality government-backed securities.
Asset Quality
Asset quality improved during the quarter, with continued trends of declining net charge-offs, nonperforming loans, and other real estate that began in early 2010. Early stage delinquencies also continued to decline on a sequential quarter basis.
Net charge-offs were $505 million in the current quarter compared to $571 million in the prior quarter and $722 million in the prior year quarter. The $66 million sequential quarter decline was concentrated in residential mortgage loans and was partially offset by a slight increase in commercial & industrial loans. Compared to the second quarter of 2010, net charge-offs decreased $217 million, or 30%, with declines across all loan segments, particularly residential loans. The ratio of annualized net charge-offs to total average loans was 1.76% in the current quarter and declined 25 basis points and 81 basis points from the prior quarter and the prior year quarter, respectively. The provision for credit losses was $392 million in the second quarter of 2011, a decline of $55 million and $270 million compared to the prior quarter and the second quarter of 2010, respectively.
Nonperforming loans totaled $3.6 billion as of June 30, 2011, a decline of $361 million, or 9%, from the prior quarter. This marks the eighth consecutive quarter of declining nonperforming loans. The sequential quarter decline was primarily driven by reductions in commercial construction loans; however, declines were also prevalent in other loan categories. Compared to June 30, 2010, nonperforming loans were down $1.1 billion, or 23%. The decline was driven primarily by reductions in the commercial construction, residential mortgage, commercial & industrial, and residential construction loan categories. As of June 30, 2011, nonperforming loans represented 3.14% of total loans, down 32 basis points from the prior quarter and down 102 basis points from June 30, 2010. Other real estate owned totaled $483 million as of the end of the quarter, down $217 million, or 31%, since June 30, 2010.
Early stage delinquencies declined to 1.09%, an improvement of 6 basis points from the end of the prior quarter. Excluding government-guaranteed student loans and Ginnie Mae insured repurchased mortgage loans, early stage delinquencies were 0.73%, a decline of 7 basis points from March 31, 2011.
As of June 30, 2011, the allowance for loan losses was $2.7 billion representing 2.40% of total loans, down 9 basis points from March 31, 2011. The allowance for loan losses declined $110 million during the current quarter as a result of the improvement in asset quality.
Accruing restructured loans totaled $2.7 billion and nonaccruing restructured loans totaled $0.9 billion as of June 30, 2011. Both were relatively stable compared to the prior quarter end. $3.1 billion of restructured loans related to residential mortgages, while $0.5 billion were commercial loans.
 
6

LINE OF BUSINESS FINANCIAL PERFORMANCE
Line of Business Results
The Company has included line of business financial tables as part of this release on its website at www.suntrust.com in the Investor Relations section located under “About SunTrust.” The Company’s business segments are: Retail Banking, Diversified Commercial Banking, Corporate and Investment Banking, Mortgage, Wealth and Investment Management, and Commercial Real Estate. All revenue in the line of business tables is reported on a fully taxable-equivalent basis. For the lines of business, results include net interest income, which is computed using matched-maturity funds transfer pricing. Further, provision for loan losses is represented by net charge-offs. SunTrust also reports results for Corporate Other and Treasury, which includes the Treasury department as well as the residual expense associated with operational and support expense allocations. The Corporate Other and Treasury segment also includes differences created between internal management accounting practices and generally accepted accounting principles, certain matched-maturity funds transfer pricing credits and charges, differences in provision for loan losses compared to net charge-offs, as well as equity and its related impact. A detailed discussion of the line of business results will be included in the Company’s forthcoming quarterly report on Form 10-Q.
Corresponding Financial Tables and Information
Investors are encouraged to review the foregoing summary and discussion of SunTrust’s earnings and financial condition in conjunction with the detailed financial tables and information which SunTrust has also published today and SunTrust’s forthcoming quarterly report on Form 10-Q. Detailed financial tables and other information are also available on the Company’s website at www.suntrust.com in the Investor Relations section located under “About SunTrust.” This information is also included in a current report on Form 8-K furnished with the Securities and Exchange Commission today.
Conference Call
SunTrust management will host a conference call on July 22, 2011, at 8:00 a.m. (Eastern Daylight Time) to discuss the earnings results and business trends. Individuals may call in beginning at 7:45 a.m. (Eastern Daylight Time) by dialing 1-888-972-7805 (Passcode: 2Q11). Individuals calling from outside the United States should dial 1-517-308-9091 (Passcode: 2Q11). A replay of the call will be available approximately one hour after the call ends on July 22, 2011, and will remain available until August 5, 2011, by dialing 1-866-352-7718 (domestic) or 1-203-369-0076 (international).
Alternatively, individuals may listen to the live webcast of the presentation by visiting the SunTrust investor relations website at www.suntrust.com/investorrelations. Beginning the afternoon of July 22, 2011, listeners may access an archived version of the webcast in the “Webcasts and Presentations” subsection found on the investor relations webpage. This webcast will be archived and available for one year. A link to the Investor Relations page is also found in the footer of the SunTrust home page.
SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation’s largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. The Company operates an extensive branch and ATM network throughout the Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels. The Company also serves clients in selected markets nationally. Its primary businesses include deposit, credit, and trust and investment management services. Through various subsidiaries, the Company provides mortgage banking, insurance, brokerage, equipment leasing, and capital markets services. SunTrust’s Internet address is www.suntrust.com.
 
7

Important Cautionary Statement About Forward-Looking Statements
This news release includes non-GAAP financial measures to describe SunTrust’s performance. The reconciliations of those measures to GAAP measures are provided within or in the appendix to this news release. In this news release, the Company presents net interest income and net interest margin on a fully taxable-equivalent (“FTE”) basis, and ratios on an annualized basis. The FTE basis adjusts for the tax-favored status of income from certain loans and investments. The Company believes this measure to be the preferred industry measurement of net interest income and provides relevant comparison between taxable and non-taxable amounts.
This news release contains forward-looking statements. The statement regarding our expectations about expected earnings increases as a result of business initiatives is a forward looking statements. Also, any statement that does not describe historical or current facts, is a forward-looking statement. These statements often include the words “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “goals,” “targets,” “initiatives,” “potentially,” “probably,” “projects,” “outlook” or similar expressions or future conditional verbs such as “may,” “will,” “should,” “would,” and “could.” Forward-looking statements are based upon the current beliefs and expectations of management and on information currently available to management. Our statements speak as of the date hereof, and we do not assume any obligation to update these statements or to update the reasons why actual results could differ from those contained in such statements in light of new information or future events.
Forward-looking statements are subject to significant risks and uncertainties. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward-looking statements. Factors that could cause actual results to differ materially from those described in the forward-looking statements can be found in Part I, “ Item 1A. Risk Factors ” in our Annual Report on Form 10-K for the year ended December 31, 2010, and in Part II, “ Item 1A. Risk Factors ” in our Quarterly Report on Form 10-Q for the period ended March 31, 2011, and in other periodic reports that we file with the SEC. Those factors include: difficult market conditions have adversely affected our industry; concerns over market volatility continue; the Dodd-Frank Act makes fundamental changes in the regulation of the financial services industry, some of which may adversely affect our business; we are subject to capital adequacy and liquidity guidelines and, if we fail to meet these guidelines, our financial condition would be adversely affected; emergency measures designed to stabilize the U.S. banking system are beginning to wind down; we are subject to credit risk; our ALLL may not be adequate to cover our eventual losses; we will realize future losses if the proceeds we receive upon liquidation of nonperforming assets are less than the carrying value of such assets; weakness in the economy and in the real estate market, including specific weakness within our geographic footprint, has adversely affected us and may continue to adversely affect us; weakness in the real estate market, including the secondary residential mortgage loan markets, has adversely affected us and may continue to adversely affect us; we are subject to certain risks related to originating and selling mortgages. We may be required to repurchase mortgage loans or indemnify mortgage loan purchasers as a result of breaches of representations and warranties, borrower fraud, or certain borrower defaults, which could harm our liquidity, results of operations, and financial condition; we are subject to risks related to delays in the foreclosure process; we may continue to suffer increased losses in our loan portfolio despite enhancement of our underwriting policies; as a financial services company, adverse changes in general business or economic conditions could have a material adverse effect on our financial condition and results of operations. Changes in market interest rates or capital markets could adversely affect our revenue and expense, the value of assets and obligations, and the availability and cost of capital or liquidity; the fiscal and monetary policies of the federal government and its agencies could have a material adverse effect on our earnings; depressed market values for our stock may require us to write down goodwill; clients could pursue alternatives to bank deposits, causing us to lose a relatively inexpensive source of funding; consumers may decide not to use banks to complete their financial transactions, which could affect net income; we have businesses other than banking which subject us to a variety of risks; hurricanes and other natural or man-made disasters may adversely affect loan portfolios and operations and increase the cost of doing business; negative public opinion could damage our reputation and adversely impact business and revenues; the soundness of other financial institutions could adversely affect
 
8

us; we rely on other companies to provide key components of our business infrastructure; we rely on our systems, employees, and certain counterparties, and certain failures could materially adversely affect our operations; we depend on the accuracy and completeness of information about clients and counterparties; regulation by federal and state agencies could adversely affect the business, revenue, and profit margins; competition in the financial services industry is intense and could result in losing business or margin declines; maintaining or increasing market share depends on market acceptance and regulatory approval of new products and services; we may not pay dividends on your common stock; disruptions in our ability to access global capital markets may negatively affect our capital resources and liquidity; any reduction in our credit rating could increase the cost of our funding from the capital markets; we have in the past and may in the future pursue acquisitions, which could affect costs and from which we may not be able to realize anticipated benefits; we are subject to certain litigation, and our expenses related to this litigation may adversely affect our results; we depend on the expertise of key personnel. If these individuals leave or change their roles without effective replacements, operations may suffer; we may not be able to hire or retain additional qualified personnel and recruiting and compensation costs may increase as a result of turnover, both of which may increase costs and reduce profitability and may adversely impact our ability to implement our business strategies; our accounting policies and processes are critical to how we report our financial condition and results of operations. They require management to make estimates about matters that are uncertain; changes in our accounting policies or in accounting standards could materially affect how we report our financial results and condition; our stock price can be volatile; our disclosure controls and procedures may not prevent or detect all errors or acts of fraud; our financial instruments carried at fair value expose us to certain market risks; our revenues derived from our investment securities may be volatile and subject to a variety of risks; and we may enter into transactions with off-balance sheet affiliates or our subsidiaries.
 
9

SunTrust Banks, Inc. and Subsidiaries
FINANCIAL HIGHLIGHTS
(Dollars in millions, except per share data) (Unaudited)

																									
 	  	Three Months Ended
June 30	 	 	%	 	 	Six Months Ended
June 30	 	 	%	 	
 	  	2011	 	 	2010	 	 	Change  5	 	 	2011	 	 	2010	 	 	Change  5	 	
EARNINGS & DIVIDENDS	  				 				 				 				 				 				
Net income/(loss)	  	 	$178 	  	 	 	$12 	  	 	 	NM 	% 	 	 	$358 	  	 	 	($149)	  	 	 	NM 	% 	
Net income/(loss) available to common shareholders	  	 	174 	  	 	 	(56)	  	 	 	NM 	  	 	 	212 	  	 	 	(285)	  	 	 	NM 	  	
Total revenue - FTE  1, 2	  	 	2,198 	  	 	 	2,160 	  	 	 	2 	  	 	 	4,358 	  	 	 	4,060 	  	 	 	7 	  	
Total revenue - FTE excluding securities gains, net  1, 2	  	 	2,166 	  	 	 	2,103 	  	 	 	3 	  	 	 	4,262 	  	 	 	4,002 	  	 	 	6 	  	
Net income/(loss) per average common share	  				 				 				 				 				 				
Diluted  4	  	 	0.33 	  	 	 	(0.11)	  	 	 	NM 	  	 	 	0.41 	  	 	 	(0.58)	  	 	 	NM 	  	
Diluted excluding effect of accelerated accretion associated with repurchase of preferred stock issued to the U.S. Treasury  1, 4	  	 	0.33 	  	 	 	(0.11)	  	 	 	NM 	  	 	 	0.55 	  	 	 	(0.58)	  	 	 	NM 	  	
Basic	  	 	0.33 	  	 	 	(0.11)	  	 	 	NM 	  	 	 	0.41 	  	 	 	(0.58)	  	 	 	NM 	  	
Dividends paid per common share	  	 	0.01 	  	 	 	0.01 	  	 	 	- 	  	 	 	0.02 	  	 	 	0.02 	  	 	 	- 	  	
							
CONDENSED BALANCE SHEETS	  				 				 				 				 				 				
Selected Average Balances	  				 				 				 				 				 				
Total assets	  	 	$170,527 	  	 	 	$171,273 	  	 	 	- 	% 	 	 	$171,789 	  	 	 	$171,351 	  	 	 	- 	% 	
Earning assets	  	 	145,985 	  	 	 	145,464 	  	 	 	- 	  	 	 	146,383 	  	 	 	146,176 	  	 	 	- 	  	
Loans	  	 	114,920 	  	 	 	113,016 	  	 	 	2 	  	 	 	115,040 	  	 	 	113,721 	  	 	 	1 	  	
Consumer and commercial deposits	  	 	121,879 	  	 	 	116,460 	  	 	 	5 	  	 	 	121,298 	  	 	 	115,776 	  	 	 	5 	  	
Brokered and foreign deposits	  	 	2,340 	  	 	 	2,670 	  	 	 	(12)	  	 	 	2,472 	  	 	 	3,049 	  	 	 	(19)	  	
Total shareholders’ equity	  	 	19,509 	  	 	 	22,313 	  	 	 	(13)	  	 	 	21,298 	  	 	 	22,326 	  	 	 	(5)	  	
							
As of	  				 				 				 				 				 				
Total assets	  	 	172,173 	  	 	 	170,668 	  	 	 	1 	  	 				 				 				
Earning assets	  	 	146,367 	  	 	 	145,601 	  	 	 	1 	  	 				 				 				
Loans	  	 	114,913 	  	 	 	112,925 	  	 	 	2 	  	 				 				 				
Allowance for loan and lease losses	  	 	2,744 	  	 	 	3,156 	  	 	 	(13)	  	 				 				 				
Consumer and commercial deposits	  	 	121,671 	  	 	 	116,261 	  	 	 	5 	  	 				 				 				
Brokered and foreign deposits	  	 	3,250 	  	 	 	2,407 	  	 	 	35 	  	 				 				 				
Total shareholders’ equity	  	 	19,660 	  	 	 	23,024 	  	 	 	(15)	  	 				 				 				
							
FINANCIAL RATIOS & OTHER DATA	  				 				 				 				 				 				
Return on average total assets	  	 	0.42 	% 	 	 	0.03 	% 	 	 	NM 	% 	 	 	0.42 	% 	 	 	(0.17)	 % 	 	 	NM 	% 	
Return on average assets less net unrealized securities gains  1	  	 	0.35 	  	 	 	(0.08)	  	 	 	NM 	  	 	 	0.33 	  	 	 	(0.25)	  	 	 	NM 	  	
Return on average common shareholders’ equity	  	 	3.61 	  	 	 	(1.29)	  	 	 	NM 	  	 	 	2.28 	  	 	 	(3.31)	  	 	 	NM 	  	
Return on average realized common shareholders’ equity  1	  	 	3.21 	  	 	 	(2.53)	  	 	 	NM 	  	 	 	1.49 	  	 	 	(4.23)	  	 	 	NM 	  	
Net interest margin  2	  	 	3.53 	  	 	 	3.33 	  	 	 	6 	  	 	 	3.53 	  	 	 	3.32 	  	 	 	6 	  	
Efficiency ratio  2	  	 	70.17 	  	 	 	69.57 	  	 	 	1 	  	 	 	69.01 	  	 	 	70.52 	  	 	 	(2)	  	
Tangible efficiency ratio  1, 2	  	 	69.64 	  	 	 	68.96 	  	 	 	1 	  	 	 	68.49 	  	 	 	69.87 	  	 	 	(2)	  	
Effective tax rate/(benefit)	  	 	24.45 	  	 	 	(133.13)	  	 	 	NM 	  	 	 	20.21 	  	 	 	(62.17)	  	 	 	NM 	  	
Tier 1 common equity	  	  	9.20  	3  	 	 	7.92 	  	 	 	16 	  	 				 				 				
Tier 1 capital	  	  	11.10  	3  	 	 	13.51 	  	 	 	(18)	  	 				 				 				
Total capital	  	  	14.00  	3  	 	 	16.96 	  	 	 	(17)	  	 				 				 				
Tier 1 leverage	  	  	8.92  	3  	 	 	10.94 	  	 	 	(18)	  	 				 				 				
Total average shareholders’ equity to total average assets	  	 	11.44 	  	 	 	13.03 	  	 	 	(12)	  	 	 	12.40 	  	 	 	13.03 	  	 	 	(5)	  	
Tangible equity to tangible assets  1	  	 	8.07 	  	 	 	10.18 	  	 	 	(21)	  	 				 				 				
							
Book value per common share	  	 	$36.30 	  	 	 	$36.19 	  	 	 	- 	  	 				 				 				
Tangible book value per common share  1	  	 	24.57 	  	 	 	23.58 	  	 	 	4 	  	 				 				 				
Market price:	  				 				 				 				 				 				
High	  	 	30.13 	  	 	 	31.92 	  	 	 	(6)	  	 	 	33.14 	  	 	 	31.92 	  	 	 	4 	  	
Low	  	 	24.63 	  	 	 	23.12 	  	 	 	7 	  	 	 	24.63 	  	 	 	20.16 	  	 	 	22 	  	
Close	  	 	25.80 	  	 	 	23.30 	  	 	 	11 	  	 	 	25.80 	  	 	 	23.30 	  	 	 	11 	  	
Market capitalization	  	 	13,852 	  	 	 	11,648 	  	 	 	19 	  	 				 				 				
							
Average common shares outstanding (000s)	  				 				 				 				 				 				
Diluted	  	 	535,416 	  	 	 	498,499 	  	 	 	7 	  	 	 	519,548 	  	 	 	498,369 	  	 	 	4 	  	
Basic	  	 	531,792 	  	 	 	495,351 	  	 	 	7 	  	 	 	515,819 	  	 	 	495,112 	  	 	 	4 	  	
							
Full-time equivalent employees	  	 	29,235 	  	 	 	28,250 	  	 	 	3 	  	 				 				 				
Number of ATMs	  	 	2,919 	  	 	 	2,902 	  	 	 	1 	  	 				 				 				
Full service banking offices	  	 	1,661 	  	 	 	1,675 	  	 	 	(1)	  	 				 				 				

1  	See Appendix A for reconcilements of non-GAAP performance measures.	
2  	Total revenue, net interest margin, and efficiency ratios are presented on a fully taxable-equivalent (“FTE”) basis. The FTE basis adjusts for the tax-favored status of net interest income from certain loans and investments. The Company believes this measure to be the preferred industry measurement of net interest income and it enhances comparability of net interest income arising from taxable and tax-exempt sources. Total revenue - FTE equals net interest income on a FTE basis plus noninterest income.	
3  	Current period tier 1 common equity, tier 1 capital, total capital and tier 1 leverage ratios are estimated as of the earnings release date.	
4  	For earnings per share calculation purposes, the impact of dilutive securities are excluded from the diluted share count during periods that the Company has recognized a net loss available to common shareholders because the impact would be antidilutive.	
5  	“NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.	
 
Page 1

 
																					
SunTrust Banks, Inc. and Subsidiaries
FIVE QUARTER FINANCIAL HIGHLIGHTS
 
(Dollars in millions, except per share data) (Unaudited)	 	
 	 	Three Months Ended	 	
 	 	    June 30    
2011	 	 	    March 31    
2011	 	 	    December 31    
2010	 	 	    September 30    
2010	 	 	    June 30    
2010	 	
						
EARNINGS & DIVIDENDS	 				 				 				 				 				
Net income	 	 	$178 	  	 	 	$180 	  	 	 	$185 	  	 	 	$153 	  	 	 	$12 	  	
Net income/(loss) available to common shareholders	 	 	174 	  	 	 	38 	  	 	 	114 	  	 	 	84 	  	 	 	(56)	  	
Total revenue - FTE 1, 2	 	 	2,198 	  	 	 	2,160 	  	 	 	2,326 	  	 	 	2,313 	  	 	 	2,160 	  	
Total revenue - FTE excluding securities gains, net 1, 2	 	 	2,166 	  	 	 	2,096 	  	 	 	2,262 	  	 	 	2,244 	  	 	 	2,103 	  	
Net income/(loss) per average common share	 				 				 				 				 				
Diluted 4	 	 	0.33 	  	 	 	0.08 	  	 	 	0.23 	  	 	 	0.17 	  	 	 	(0.11)	  	
Diluted excluding effect of accelerated accretion associated with repurchase of preferred stock issued to the U.S. Treasury 1, 4	 	 	0.33 	  	 	 	0.22 	  	 	 	0.23 	  	 	 	0.17 	  	 	 	(0.11)	  	
Basic	 	 	0.33 	  	 	 	0.08 	  	 	 	0.23 	  	 	 	0.17 	  	 	 	(0.11)	  	
Dividends paid per common share	 	 	0.01 	  	 	 	0.01 	  	 	 	0.01 	  	 	 	0.01 	  	 	 	0.01 	  	
						
CONDENSED BALANCE SHEETS	 				 				 				 				 				
 
Selected Average Balances	 				 				 				 				 				
Total assets	 	 	$170,527 	  	 	 	$173,066 	  	 	 	$174,768 	  	 	 	$171,999 	  	 	 	$171,273 	  	
Earning assets	 	 	145,985 	  	 	 	146,786 	  	 	 	149,114 	  	 	 	147,249 	  	 	 	145,464 	  	
Loans	 	 	114,920 	  	 	 	115,162 	  	 	 	114,930 	  	 	 	113,322 	  	 	 	113,016 	  	
Consumer and commercial deposits	 	 	121,879 	  	 	 	120,710 	  	 	 	119,688 	  	 	 	117,233 	  	 	 	116,460 	  	
Brokered and foreign deposits	 	 	2,340 	  	 	 	2,606 	  	 	 	2,827 	  	 	 	2,740 	  	 	 	2,670 	  	
Total shareholders’ equity	 	 	19,509 	  	 	 	23,107 	  	 	 	23,576 	  	 	 	23,091 	  	 	 	22,313 	  	
						
As of	 				 				 				 				 				
Total assets	 	 	172,173 	  	 	 	170,794 	  	 	 	172,874 	  	 	 	174,703 	  	 	 	170,668 	  	
Earning assets	 	 	146,367 	  	 	 	145,895 	  	 	 	148,473 	  	 	 	149,994 	  	 	 	145,601 	  	
Loans	 	 	114,913 	  	 	 	114,932 	  	 	 	115,975 	  	 	 	115,055 	  	 	 	112,925 	  	
Allowance for loan and lease losses	 	 	2,744 	  	 	 	2,854 	  	 	 	2,974 	  	 	 	3,086 	  	 	 	3,156 	  	
Consumer and commercial deposits	 	 	121,671 	  	 	 	121,559 	  	 	 	120,025 	  	 	 	117,494 	  	 	 	116,261 	  	
Brokered and foreign deposits	 	 	3,250 	  	 	 	2,426 	  	 	 	3,019 	  	 	 	2,850 	  	 	 	2,407 	  	
Total shareholders’ equity	 	 	19,660 	  	 	 	19,223 	  	 	 	23,130 	  	 	 	23,438 	  	 	 	23,024 	  	
						
FINANCIAL RATIOS & OTHER DATA	 				 				 				 				 				
Return on average total assets	 	 	0.42 	  % 	 	 	0.42 	  % 	 	 	0.42 	  % 	 	 	0.35 	  % 	 	 	0.03 	  % 	
Return on average assets less net unrealized securities gains  1	 	 	0.35 	  	 	 	0.30 	  	 	 	0.31 	  	 	 	0.23 	  	 	 	(0.08)	  	
Return on average common shareholders’ equity	 	 	3.61 	  	 	 	0.84 	  	 	 	2.44 	  	 	 	1.83 	  	 	 	(1.29)	  	
Return on average realized common shareholders’ equity  1	 	 	3.21 	  	 	 	(0.35)	  	 	 	1.53 	  	 	 	0.70 	  	 	 	(2.53)	  	
Net interest margin  2	 	 	3.53 	  	 	 	3.53 	  	 	 	3.44 	  	 	 	3.41 	  	 	 	3.33 	  	
Efficiency ratio 2	 	 	70.17 	  	 	 	67.83 	  	 	 	66.57 	  	 	 	64.80 	  	 	 	69.57 	  	
Tangible efficiency ratio 1, 2	 	 	69.64 	  	 	 	67.32 	  	 	 	66.07 	  	 	 	64.24 	  	 	 	68.96 	  	
Effective tax rate/(benefit)	 	 	24.45 	  	 	 	15.54 	  	 	 	19.66 	  	 	 	8.25 	  	 	 	(133.13)	  	
Tier 1 common equity	 	  	9.20  	   3  	 	 	9.05 	  	 	 	8.08 	  	 	 	8.02 	  	 	 	7.92 	  	
Tier 1 capital	 	  	11.10  	   3  	 	 	11.00 	  	 	 	13.67 	  	 	 	13.58 	  	 	 	13.51 	  	
Total capital	 	  	14.00  	   3  	 	 	13.92 	  	 	 	16.54 	  	 	 	16.42 	  	 	 	16.96 	  	
Tier 1 leverage	 	  	8.92  	   3  	 	 	8.72 	  	 	 	10.94 	  	 	 	11.03 	  	 	 	10.94 	  	
Total average shareholders’ equity to total average assets	 	 	11.44 	  	 	 	13.35 	  	 	 	13.49 	  	 	 	13.42 	  	 	 	13.03 	  	
Tangible equity to tangible assets  1	 	 	8.07 	  	 	 	7.87 	  	 	 	10.12 	  	 	 	10.19 	  	 	 	10.18 	  	
						
Book value per common share	 	 	$36.30 	  	 	 	$35.49 	  	 	 	$36.34 	  	 	 	$37.01 	  	 	 	$36.19 	  	
Tangible book value per common share  1	 	 	24.57 	  	 	 	23.79 	  	 	 	23.76 	  	 	 	24.42 	  	 	 	23.58 	  	
Market price:	 				 				 				 				 				
   High	 	 	30.13 	  	 	 	33.14 	  	 	 	29.82 	  	 	 	27.05 	  	 	 	31.92 	  	
   Low	 	 	24.63 	  	 	 	27.38 	  	 	 	23.25 	  	 	 	21.79 	  	 	 	23.12 	  	
   Close	 	 	25.80 	  	 	 	28.84 	  	 	 	29.51 	  	 	 	25.83 	  	 	 	23.30 	  	
Market capitalization	 	 	13,852 	  	 	 	15,482 	  	 	 	14,768 	  	 	 	12,914 	  	 	 	11,648 	  	
						
Average common shares outstanding (000s)	 				 				 				 				 				
   Diluted	 	 	535,416 	  	 	 	503,503 	  	 	 	499,423 	  	 	 	498,802 	  	 	 	498,499 	  	
   Basic	 	 	531,792 	  	 	 	499,669 	  	 	 	495,710 	  	 	 	495,501 	  	 	 	495,351 	  	
						
Full-time equivalent employees	 	 	29,235 	  	 	 	29,052 	  	 	 	29,056 	  	 	 	28,599 	  	 	 	28,250 	  	
Number of ATMs	 	 	2,919 	  	 	 	2,924 	  	 	 	2,918 	  	 	 	2,928 	  	 	 	2,902 	  	
Full service banking offices	 	 	1,661 	  	 	 	1,665 	  	 	 	1,668 	  	 	 	1,670 	  	 	 	1,675 	  	

1 See Appendix A for reconcilements of non-GAAP performance measures.
2 Total revenue, net interest margin, and efficiency ratios are presented on a fully taxable-equivalent (“FTE”) basis. The FTE basis adjusts for the tax-favored status of net interest income from certain loans and investments. The Company believes this measure to be the preferred industry measurement of net interest income and it enhances comparability of net interest income arising from taxable and tax-exempt sources. Total revenue - FTE equals net interest income on a FTE basis plus noninterest income.
3 Current period tier 1 common equity, tier 1 capital, total capital and tier 1 leverage ratios are estimated as of the earnings release date.
4 For earnings per share calculation purposes, the impact of dilutive securities are excluded from the diluted share count during periods that the Company has recognized a net loss available to common shareholders because the impact would be antidilutive.
 
Page 2

SunTrust Banks, Inc. and Subsidiaries
CONSOLIDATED STATEMENTS OF INCOME/(LOSS)
(Dollars in millions, except per share data) (Unaudited)

																																	
 	  	    Three Months Ended    	 	  	    Increase/(Decrease)  3     	 	 	    Six Months Ended    	 	  	    Increase/(Decrease)  3     	 	
 	  	 
June 30	 	  			 	 
June 30	 	  			
 	  	 
2011	 	  	2010	 	  	Amount	 	  	%	 	 	2011	 	  	2010	 	  	Amount	 	  	%	 	
									
Interest income	  	 	$1,546 	  	  	 	$1,570 	  	  	 	($24)	  	  	 	(2)	  % 	 	 	$3,100 	  	  	 	$3,144 	  	  	 	($44)	  	  	 	(1)	  % 	
Interest expense	  	 	287 	  	  	 	392 	  	  	 	(105)	  	  	 	(27)	  	 	 	592 	  	  	 	794 	  	  	 	(202)	  	  	 	(25)	  	
	  	 	 	 	  	 	 	 	  				  				 	 	 	 	  	 	 	 	  				  				
NET INTEREST INCOME	  	 	1,259 	  	  	 	1,178 	  	  	 	81 	  	  	 	7 	  	 	 	2,508 	  	  	 	2,350 	  	  	 	158 	  	  	 	7 	  	
Provision for credit losses	  	 	392 	  	  	 	662 	  	  	 	(270)	  	  	 	(41)	  	 	 	839 	  	  	 	1,524 	  	  	 	(685)	  	  	 	(45)	  	
	  	 	 	 	  	 	 	 	  				  				 	 	 	 	  	 	 	 	  				  				
NET INTEREST INCOME AFTER
 PROVISION FOR CREDIT LOSSES	  	 	867 	  	  	 	516 	  	  	 	351 	  	  	 	68 	  	 	 	1,669 	  	  	 	826 	  	  	 	843 	  	  	 	NM 	  	

NONINTEREST INCOME	  				  				  				  				 				  				  				  				
Service charges on deposit accounts	  	 	170 	  	  	 	208 	  	  	 	(38)	  	  	 	(18)	  	 	 	333 	  	  	 	404 	  	  	 	(71)	  	  	 	(18)	  	
Trust and investment management income	  	 	135 	  	  	 	127 	  	  	 	8 	  	  	 	6 	  	 	 	270 	  	  	 	249 	  	  	 	21 	  	  	 	8 	  	
Retail investment services	  	 	59 	  	  	 	48 	  	  	 	11 	  	  	 	23 	  	 	 	117 	  	  	 	95 	  	  	 	22 	  	  	 	23 	  	
Other charges and fees	  	 	130 	  	  	 	133 	  	  	 	(3)	  	  	 	(2)	  	 	 	256 	  	  	 	262 	  	  	 	(6)	  	  	 	(2)	  	
Investment banking income	  	 	95 	  	  	 	58 	  	  	 	37 	  	  	 	64 	  	 	 	162 	  	  	 	114 	  	  	 	48 	  	  	 	42 	  	
Trading account profits and commissions	  	 	53 	  	  	 	109 	  	  	 	(56)	  	  	 	(51)	  	 	 	105 	  	  	 	102 	  	  	 	3 	  	  	 	3 	  	
Card fees	  	 	105 	  	  	 	94 	  	  	 	11 	  	  	 	12 	  	 	 	205 	  	  	 	181 	  	  	 	24 	  	  	 	13 	  	
Mortgage production related income/(loss)	  	 	4 	  	  	 	(16)	  	  	 	20 	  	  	 	NM 	  	 	 	3 	  	  	 	(47)	  	  	 	50 	  	  	 	NM 	  	
Mortgage servicing related income	  	 	72 	  	  	 	88 	  	  	 	(16)	  	  	 	(18)	  	 	 	144 	  	  	 	158 	  	  	 	(14)	  	  	 	(9)	  	
Other noninterest income	  	 	57 	  	  	 	46 	  	  	 	11 	  	  	 	24 	  	 	 	104 	  	  	 	74 	  	  	 	30 	  	  	 	41 	  	
Securities gains, net	  	 	32 	  	  	 	57 	  	  	 	(25)	  	  	 	(44)	  	 	 	96 	  	  	 	58 	  	  	 	38 	  	  	 	66 	  	
	  	 	 	 	  	 	 	 	  				  				 	 	 	 	  	 	 	 	  				  				
Total noninterest income	  	 	912 	  	  	 	952 	  	  	 	(40)	  	  	 	(4)	  	 	 	1,795 	  	  	 	1,650 	  	  	 	145 	  	  	 	9 	  	

NONINTEREST EXPENSE	  				  				  				  				 				  				  				  				
Employee compensation and benefits	  	 	748 	  	  	 	682 	  	  	 	66 	  	  	 	10 	  	 	 	1,502 	  	  	 	1,374 	  	  	 	128 	  	  	 	9 	  	
Net occupancy expense	  	 	89 	  	  	 	90 	  	  	 	(1)	  	  	 	(1)	  	 	 	178 	  	  	 	181 	  	  	 	(3)	  	  	 	(2)	  	
Outside processing and software	  	 	162 	  	  	 	158 	  	  	 	4 	  	  	 	3 	  	 	 	320 	  	  	 	307 	  	  	 	13 	  	  	 	4 	  	
Equipment expense	  	 	44 	  	  	 	42 	  	  	 	2 	  	  	 	5 	  	 	 	88 	  	  	 	83 	  	  	 	5 	  	  	 	6 	  	
Marketing and customer development	  	 	46 	  	  	 	44 	  	  	 	2 	  	  	 	5 	  	 	 	84 	  	  	 	78 	  	  	 	6 	  	  	 	8 	  	
Amortization of intangible assets	  	 	12 	  	  	 	13 	  	  	 	(1)	  	  	 	(8)	  	 	 	23 	  	  	 	26 	  	  	 	(3)	  	  	 	(12)	  	
Net loss/(gain) on extinguishment of debt	  	 	(1)	  	  	 	63 	  	  	 	(64)	  	  	 	NM 	  	 	 	(2)	  	  	 	54 	  	  	 	(56)	  	  	 	NM 	  	
Operating losses	  	 	62 	  	  	 	16 	  	  	 	46 	  	  	 	NM 	  	 	 	89 	  	  	 	30 	  	  	 	59 	  	  	 	NM 	  	
FDIC premium/regulatory exams	  	 	81 	  	  	 	65 	  	  	 	16 	  	  	 	25 	  	 	 	152 	  	  	 	129 	  	  	 	23 	  	  	 	18 	  	
Other noninterest expense	  	 	299 	  	  	 	330 	  	  	 	(31)	  	  	 	(9)	  	 	 	573 	  	  	 	602 	  	  	 	(29)	  	  	 	(5)	  	
	  	 	 	 	  	 	 	 	  				  				 	 	 	 	  	 	 	 	  				  				
Total noninterest expense	  	 	1,542 	  	  	 	1,503 	  	  	 	39 	  	  	 	3 	  	 	 	3,007 	  	  	 	2,864 	  	  	 	143 	  	  	 	5 	  	

INCOME/(LOSS) BEFORE PROVISION/(BENEFIT) FOR INCOME TAXES	  	 	237 	  	  	 	(35)	  	  	 	272 	  	  	 	NM 	  	 	 	457 	  	  	 	(388)	  	  	 	845 	  	  	 	NM 	  	
Provision/(benefit) for income taxes	  	 	58 	  	  	 	(50)	  	  	 	108 	  	  	 	NM 	  	 	 	91 	  	  	 	(244)	  	  	 	335 	  	  	 	NM 	  	
	  	 	 	 	  	 	 	 	  				  				 	 	 	 	  	 	 	 	  				  				
INCOME/(LOSS) INCLUDING INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	  	 	179 	  	  	 	15 	  	  	 	164 	  	  	 	NM 	  	 	 	366 	  	  	 	(144)	  	  	 	510 	  	  	 	NM 	  	
Net income attributable to noncontrolling interest	  	 	1 	  	  	 	3 	  	  	 	(2)	  	  	 	(67)	  	 	 	8 	  	  	 	5 	  	  	 	3 	  	  	 	60 	  	
	  	 	 	 	  	 	 	 	  				  				 	 	 	 	  	 	 	 	  				  				
NET INCOME/(LOSS)	  	 	$178 	  	  	 	$12 	  	  	 	$166 	  	  	 	NM 	% 	 	 	$358 	  	  	 	($149)	  	  	 	$507 	  	  	 	NM	  % 	
	  	 	 	 	  	 	 	 	  				  				 	 	 	 	  	 	 	 	  				  				
NET INCOME/(LOSS) AVAILABLE TO COMMON SHAREHOLDERS	  	 	$174 	  	  	 	($56)	  	  	 	$230 	  	  	 	NM 	% 	 	 	$212 	  	  	 	($285)	  	  	 	$497 	  	  	 	NM	  % 	
									
Net interest income - FTE  1	  	 	1,286 	  	  	 	1,208 	  	  	 	78 	  	  	 	6 	  	 	 	2,563 	  	  	 	2,410 	  	  	 	153 	  	  	 	6 	  	
									
Net income/(loss) per average common share	  				  				  				  				 				  				  				  				
  Diluted  2	  	 	0.33 	  	  	 	(0.11)	  	  	 	0.44 	  	  	 	NM 	  	 	 	0.41 	  	  	 	(0.58)	  	  	 	0.99 	  	  	 	NM 	  	
  Basic	  	 	0.33 	  	  	 	(0.11)	  	  	 	0.44 	  	  	 	NM 	  	 	 	0.41 	  	  	 	(0.58)	  	  	 	0.99 	  	  	 	NM 	  	
									
Cash dividends paid per common share	  	 	0.01 	  	  	 	0.01 	  	  	 	- 	  	  	 	- 	  	 	 	0.02 	  	  	 	0.02 	  	  	 	- 	  	  	 	- 	  	
Average common shares outstanding (000s)	  				  				  				  				 				  				  				  				
  Diluted	  	 	535,416 	  	  	 	498,499 	  	  	 	36,917 	  	  	 	7 	  	 	 	519,548 	  	  	 	498,369 	  	  	 	21,179 	  	  	 	4 	  	
  Basic	  	 	531,792 	  	  	 	495,351 	  	  	 	36,441 	  	  	 	7 	  	 	 	515,819 	  	  	 	495,112 	  	  	 	20,707 	  	  	 	4 	  	

1 Net interest income includes the effects of FTE adjustments using a federal tax rate of 35% and state income taxes where applicable to increase tax-exempt interest income to a taxable-equivalent basis. See Appendix A for a reconcilement of this non-GAAP measure to the related GAAP measure.
2 For earnings per share calculation purposes, the impact of dilutive securities are excluded from the diluted share count during periods that the Company has recognized a net loss available to common shareholders because the impact would be antidilutive.
3 “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.
 
Page 3

SunTrust Banks, Inc. and Subsidiaries
FIVE QUARTER CONSOLIDATED STATEMENTS OF INCOME/(LOSS)
(Dollars in millions, except per share data) (Unaudited)

 
																													
 	 	    Three Months Ended    	 	 	 	 	 	    Three Months Ended    	 	
 	 	    June 30    	 	 	    March 31    	 	 	    Increase/(Decrease) 3     	 	 	    December 31    	 	 	    September 30    	 	 	    June 30    	 	
 	 	    2011    	 	 	    2011    	 	 	    Amount    	 	 	    %    	 	 	    2010    	 	 	    2010    	 	 	    2010    	 	
Interest income	 	 	$1,546 	  	 	 	$1,554 	  	 	 	($8)	  	 	 	(1)	 % 	 	 	$1,595 	  	 	 	$1,604 	  	 	 	$1,570 	  	
Interest expense	 	 	287 	  	 	 	305 	  	 	 	(18)	  	 	 	(6)	  	 	 	329 	  	 	 	366 	  	 	 	392 	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
NET INTEREST INCOME	 	 	1,259 	  	 	 	1,249 	  	 	 	10 	  	 	 	1 	  	 	 	1,266 	  	 	 	1,238 	  	 	 	1,178 	  	
Provision for credit losses	 	 	392 	  	 	 	447 	  	 	 	(55)	  	 	 	(12)	  	 	 	512 	  	 	 	615 	  	 	 	662 	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
NET INTEREST INCOME AFTER 
   PROVISION FOR CREDIT LOSSES	 	 	867 	  	 	 	802 	  	 	 	65 	  	 	 	8 	  	 	 	754 	  	 	 	623 	  	 	 	516 	  	

NONINTEREST INCOME	 				 				 				 				 				 				 				
Service charges on deposit accounts	 	 	170 	  	 	 	163 	  	 	 	7 	  	 	 	4 	  	 	 	172 	  	 	 	184 	  	 	 	208 	  	
Trust and investment management income	 	 	135 	  	 	 	135 	  	 	 	- 	  	 	 	- 	  	 	 	130 	  	 	 	124 	  	 	 	127 	  	
Retail investment services	 	 	59 	  	 	 	58 	  	 	 	1 	  	 	 	2 	  	 	 	57 	  	 	 	52 	  	 	 	48 	  	
Other charges and fees	 	 	130 	  	 	 	126 	  	 	 	4 	  	 	 	3 	  	 	 	135 	  	 	 	137 	  	 	 	133 	  	
Investment banking income	 	 	95 	  	 	 	67 	  	 	 	28 	  	 	 	42 	  	 	 	103 	  	 	 	96 	  	 	 	58 	  	
Trading account profits/(losses) and commissions	 	 	53 	  	 	 	52 	  	 	 	1 	  	 	 	2 	  	 	 	93 	  	 	 	(22)	  	 	 	109 	  	
Card fees	 	 	105 	  	 	 	100 	  	 	 	5 	  	 	 	5 	  	 	 	99 	  	 	 	96 	  	 	 	94 	  	
Mortgage production related income/(loss)	 	 	4 	  	 	 	(1)	  	 	 	5 	  	 	 	NM 	  	 	 	41 	  	 	 	133 	  	 	 	(16)	  	
Mortgage servicing related income	 	 	72 	  	 	 	72 	  	 	 	- 	  	 	 	- 	  	 	 	68 	  	 	 	132 	  	 	 	88 	  	
Other noninterest income	 	 	57 	  	 	 	47 	  	 	 	10 	  	 	 	21 	  	 	 	70 	  	 	 	46 	  	 	 	46 	  	
Securities gains, net	 	 	32 	  	 	 	64 	  	 	 	(32)	  	 	 	(50)	  	 	 	64 	  	 	 	69 	  	 	 	57 	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
Total noninterest income	 	 	912 	  	 	 	883 	  	 	 	29 	  	 	 	3 	  	 	 	1,032 	  	 	 	1,047 	  	 	 	952 	  	

NONINTEREST EXPENSE	 				 				 				 				 				 				 				
Employee compensation and benefits	 	 	748 	  	 	 	754 	  	 	 	(6)	  	 	 	(1)	  	 	 	738 	  	 	 	709 	  	 	 	682 	  	
Net occupancy expense	 	 	89 	  	 	 	89 	  	 	 	- 	  	 	 	- 	  	 	 	88 	  	 	 	92 	  	 	 	90 	  	
Outside processing and software	 	 	162 	  	 	 	158 	  	 	 	4 	  	 	 	3 	  	 	 	174 	  	 	 	157 	  	 	 	158 	  	
Equipment expense	 	 	44 	  	 	 	44 	  	 	 	- 	  	 	 	- 	  	 	 	46 	  	 	 	45 	  	 	 	42 	  	
Marketing and customer development	 	 	46 	  	 	 	38 	  	 	 	8 	  	 	 	21 	  	 	 	56 	  	 	 	43 	  	 	 	44 	  	
Amortization of intangible assets	 	 	12 	  	 	 	11 	  	 	 	1 	  	 	 	9 	  	 	 	12 	  	 	 	13 	  	 	 	13 	  	
Net loss/(gain) on extinguishment of debt	 	 	(1)	  	 	 	(1)	  	 	 	- 	  	 	 	- 	  	 	 	4 	  	 	 	12 	  	 	 	63 	  	
Operating losses	 	 	62 	  	 	 	27 	  	 	 	35 	  	 	 	NM 	  	 	 	26 	  	 	 	27 	  	 	 	16 	  	
FDIC premium/regulatory exams	 	 	81 	  	 	 	71 	  	 	 	10 	  	 	 	14 	  	 	 	69 	  	 	 	67 	  	 	 	65 	  	
Other noninterest expense	 	 	299 	  	 	 	274 	  	 	 	25 	  	 	 	9 	  	 	 	335 	  	 	 	334 	  	 	 	330 	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
Total noninterest expense	 	 	1,542 	  	 	 	1,465 	  	 	 	77 	  	 	 	5 	  	 	 	1,548 	  	 	 	1,499 	  	 	 	1,503 	  	

INCOME/(LOSS) BEFORE PROVISION/(BENEFIT) FOR INCOME TAXES	 	 	237 	  	 	 	220 	  	 	 	17 	  	 	 	8 	  	 	 	238 	  	 	 	171 	  	 	 	(35)	  	
Provision/(benefit) for income taxes	 	 	58 	  	 	 	33 	  	 	 	25 	  	 	 	76 	  	 	 	45 	  	 	 	14 	  	 	 	(50)	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
INCOME INCLUDING INCOME ATTRIBUTABLE
TO NONCONTROLLING INTEREST	 	 	179 	  	 	 	187 	  	 	 	(8)	  	 	 	(4)	  	 	 	193 	  	 	 	157 	  	 	 	15 	  	
Net income attributable to noncontrolling interest	 	 	1 	  	 	 	7 	  	 	 	(6)	  	 	 	(86)	  	 	 	8 	  	 	 	4 	  	 	 	3 	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME	 	 	$178 	  	 	 	$180 	  	 	 	($2)	  	 	 	(1)	 % 	 	 	$185 	  	 	 	$153 	  	 	 	$12 	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
NET INCOME/(LOSS) AVAILABLE TO COMMON
SHAREHOLDERS	 	 	$174 	  	 	 	$38 	  	 	 	$136 	  	 	 	NM 	% 	 	 	$114 	  	 	 	$84 	  	 	 	($56)	  	
								
Net interest income - FTE 1	 	 	1,286 	  	 	 	1,277 	  	 	 	9 	  	 	 	1 	  	 	 	1,294 	  	 	 	1,266 	  	 	 	1,208 	  	
								
Net income/(loss) per average common share	 				 				 				 				 				 				 				
  Diluted 2	 	 	0.33 	  	 	 	0.08 	  	 	 	0.25 	  	 	 	NM 	  	 	 	0.23 	  	 	 	0.17 	  	 	 	(0.11)	  	
  Basic	 	 	0.33 	  	 	 	0.08 	  	 	 	0.25 	  	 	 	NM 	  	 	 	0.23 	  	 	 	0.17 	  	 	 	(0.11)	  	
								
Cash dividends paid per common share	 	 	0.01 	  	 	 	0.01 	  	 	 	- 	  	 	 	- 	  	 	 	0.01 	  	 	 	0.01 	  	 	 	0.01 	  	
Average common shares outstanding (000s)	 				 				 				 				 				 				 				
  Diluted	 	 	535,416 	  	 	 	503,503 	  	 	 	31,913 	  	 	 	6 	  	 	 	499,423 	  	 	 	498,802 	  	 	 	498,499 	  	
  Basic	 	 	531,792 	  	 	 	499,669 	  	 	 	32,123 	  	 	 	6 	  	 	 	495,710 	  	 	 	495,501 	  	 	 	495,351 	  	

1 Net interest income includes the effects of FTE adjustments using a federal tax rate of 35% and state income taxes where applicable to increase tax-exempt interest income to a taxable-equivalent basis. See Appendix A for a reconcilement of this non-GAAP measure to the related GAAP measure.
2 For earnings per share calculation purposes, the impact of dilutive securities are excluded from the diluted share count during periods that the Company has recognized a net loss available to common shareholders because the impact would be antidilutive.
3 “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.
 
Page 4

SunTrust Banks, Inc. and Subsidiaries
CONSOLIDATED BALANCE SHEETS
(Dollars in millions and shares in thousands) (Unaudited)

																	
 	 	As of June 30	 	 	    Increase/(Decrease)    	 	
 	 	        2011        	 	 	        2010        	 	 	        Amount        	 	 	        % 2         	 	
ASSETS	 				 				 				 				
Cash and due from banks	 	 	$5,633  	  	 	 	$3,836  	  	 	 	$1,797 	  	 	 	47   %	  	
Interest-bearing deposits in other banks	 	 	20  	  	 	 	24  	  	 	 	(4)	  	 	 	(17)     	  	
Funds sold and securities purchased under agreements to resell	 	 	1,134  	  	 	 	933  	  	 	 	201 	  	 	 	22      	  	
Trading assets	 	 	6,586  	  	 	 	6,166  	  	 	 	420 	  	 	 	7      	  	
Securities available for sale	 	 	27,216  	  	 	 	27,598  	  	 	 	(382)	  	 	 	(1)     	  	
Loans held for sale	 	 	2,052  	  	 	 	3,185  	  	 	 	(1,133)	  	 	 	(36)     	  	
Loans held for investment:	 				 				 				 				
Commercial & industrial	 	 	45,922  	  	 	 	43,982  	  	 	 	1,940 	  	 	 	4      	  	
Commercial real estate	 	 	5,707  	  	 	 	6,814  	  	 	 	(1,107)	  	 	 	(16)     	  	
Commercial construction	 	 	1,740  	  	 	 	3,653  	  	 	 	(1,913)	  	 	 	(52)     	  	
Residential mortgages - guaranteed	 	 	4,513  	  	 	 	2,894  	  	 	 	1,619 	  	 	 	56      	  	
Residential mortgages - nonguaranteed	 	 	23,224  	  	 	 	24,457  	  	 	 	(1,233)	  	 	 	(5)     	  	
Residential home equity products	 	 	16,169  	  	 	 	17,144  	  	 	 	(975)	  	 	 	(6)     	  	
Residential construction	 	 	1,118  	  	 	 	1,526  	  	 	 	(408)	  	 	 	(27)     	  	
Consumer student loans - guaranteed	 	 	4,620  	  	 	 	3,305  	  	 	 	1,315 	  	 	 	40      	  	
Consumer other direct	 	 	1,863  	  	 	 	1,555  	  	 	 	308 	  	 	 	20      	  	
Consumer indirect	 	 	9,630  	  	 	 	7,100  	  	 	 	2,530 	  	 	 	36      	  	
Consumer credit cards	 	 	407  	  	 	 	495  	  	 	 	(88)	  	 	 	(18)     	  	
	 	 	 	 	 	 	 	 	 				 				
    Total loans held for investment	 	 	114,913  	  	 	 	112,925  	  	 	 	1,988 	  	 	 	2      	  	
Allowance for loan and lease losses	 	 	(2,744) 	  	 	 	(3,156) 	  	 	 	(412)	  	 	 	(13)     	  	
	 	 	 	 	 	 	 	 	 				 				
  Net loans held for investment	 	 	112,169  	  	 	 	109,769  	  	 	 	2,400 	  	 	 	2      	  	
Goodwill	 	 	6,343  	  	 	 	6,323  	  	 	 	20 	  	 	 	-       	  	
Other intangible assets	 	 	1,539  	  	 	 	1,443  	  	 	 	96 	  	 	 	7      	  	
Other real estate owned	 	 	483  	  	 	 	700  	  	 	 	(217)	  	 	 	(31)     	  	
Other assets	 	 	8,998  	  	 	 	10,691  	  	 	 	(1,693)	  	 	 	(16)     	  	
	 	 	 	 	 	 	 	 	 				 				
Total assets 1	 	 	$172,173  	  	 	 	$170,668  	  	 	 	$1,505 	  	 	 	1   %	  	

LIABILITIES	 				 				 				 				
Deposits:	 				 				 				 				
Noninterest-bearing consumer and commercial deposits	 	 	$30,591  	  	 	 	$25,382  	  	 	 	$5,209 	  	 	 	21   %	  	
Interest-bearing consumer and commercial deposits:	 				 				 				 				
NOW accounts	 	 	24,330  	  	 	 	24,487  	  	 	 	(157)	  	 	 	(1)     	  	
Money market accounts	 	 	42,427  	  	 	 	38,444  	  	 	 	3,983 	  	 	 	10      	  	
Savings	 	 	4,600  	  	 	 	4,107  	  	 	 	493 	  	 	 	12      	  	
Consumer time	 	 	12,598  	  	 	 	14,665  	  	 	 	(2,067)	  	 	 	(14)     	  	
Other time	 	 	7,125  	  	 	 	9,176  	  	 	 	(2,051)	  	 	 	(22)     	  	
	 	 	 	 	 	 	 	 	 				 				
  Total consumer and commercial deposits	 	 	121,671  	  	 	 	116,261  	  	 	 	5,410 	  	 	 	5      	  	
Brokered deposits	 	 	2,345  	  	 	 	2,343  	  	 	 	2 	  	 	 	-       	  	
Foreign deposits	 	 	905  	  	 	 	64  	  	 	 	841 	  	 	 	NM      	  	
	 	 	 	 	 	 	 	 	 				 				
    Total deposits	 	 	124,921  	  	 	 	118,668  	  	 	 	6,253 	  	 	 	5      	  	
Funds purchased	 	 	939  	  	 	 	1,260  	  	 	 	(321)	  	 	 	(25)     	  	
Securities sold under agreements to repurchase	 	 	2,253  	  	 	 	2,477  	  	 	 	(224)	  	 	 	(9)     	  	
Other short-term borrowings	 	 	2,791  	  	 	 	2,517  	  	 	 	274 	  	 	 	11      	  	
Long-term debt	 	 	13,693  	  	 	 	15,659  	  	 	 	(1,966)	  	 	 	(13)     	  	
Trading liabilities	 	 	3,026  	  	 	 	2,655  	  	 	 	371 	  	 	 	14      	  	
Other liabilities	 	 	4,890  	  	 	 	4,408  	  	 	 	482 	  	 	 	11      	  	
	 	 	 	 	 	 	 	 	 				 				
Total liabilities	 	 	152,513  	  	 	 	147,644  	  	 	 	4,869 	  	 	 	3      	  	

SHAREHOLDERS’ EQUITY	 				 				 				 				
Preferred stock, no par value	 	 	172  	  	 	 	4,929  	  	 	 	(4,757)	  	 	 	(97)     	  	
Common stock, $1.00 par value	 	 	550  	  	 	 	515  	  	 	 	35 	  	 	 	7      	  	
Additional paid in capital	 	 	9,330  	  	 	 	8,445  	  	 	 	885 	  	 	 	10      	  	
Retained earnings	 	 	8,745  	  	 	 	8,358  	  	 	 	387 	  	 	 	5      	  	
Treasury stock, at cost, and other	 	 	(805) 	  	 	 	(968) 	  	 	 	(163)	  	 	 	(17)     	  	
Accumulated other comprehensive income	 	 	1,668  	  	 	 	1,745  	  	 	 	(77)	  	 	 	(4)     	  	
	 	 	 	 	 	 	 	 	 				 				
Total shareholders’ equity	 	 	19,660  	  	 	 	23,024  	  	 	 	(3,364)	  	 	 	(15)     	  	

	 	 	 	 	 	 	 	 	 				 				
Total liabilities and shareholders’ equity	 	 	$172,173  	  	 	 	$170,668  	  	 	 	$1,505 	  	 	 	1   %	  	

Common shares outstanding	 	 	536,907  	  	 	 	499,929  	  	 	 	36,978 	  	 	 	7   %	  	
Common shares authorized	 	 	750,000  	  	 	 	750,000  	  	 	 	-  	  	 	 	-      	  	
Preferred shares outstanding	 	 	2  	  	 	 	50  	  	 	 	(48)	  	 	 	(96)     	  	
Preferred shares authorized	 	 	50,000  	  	 	 	50,000  	  	 	 	-  	  	 	 	-      	  	
Treasury shares of common stock	 	 	13,014  	  	 	 	14,738  	  	 	 	(1,724)	  	 	 	(12)     	  	

1 Includes earning assets of	 	 	$146,367  	  	 	 	$145,601  	  	 	 	$766 	  	 	 	1   %	  	
2 “NM”	- Not meaningful. Those changes over 100 percent were not considered to be meaningful.	
 
Page 5

																													
SunTrust Banks, Inc. and Subsidiaries
FIVE QUARTER CONSOLIDATED BALANCE SHEETS
(Dollars in millions and shares in thousands) (Unaudited)	 	
 	 	As of	 	 	 	 	 	As of	 	
 	 	June 30	 	 	March 31	 	 	Increase/(Decrease)	 	 	December 31	 	 	September 30	 	 	June 30	 	
 	 	    2011    	 	 	    2011    	 	 	    Amount    	 	 	     % 2     	 	 	    2010    	 	 	    2010    	 	 	    2010    	 	
ASSETS	 				 				 				 				 				 				 				
Cash and due from banks	 	 	$5,633 	  	 	 	$5,216 	  	 	 	$417 	  	 	 	8 	% 	 	 	$4,296 	  	 	 	$3,169 	  	 	 	$3,836 	  	
Interest-bearing deposits in other banks	 	 	20 	  	 	 	20 	  	 	 	- 	  	 	 	- 	  	 	 	24 	  	 	 	25 	  	 	 	24 	  	
Funds sold and securities purchased under agreements to resell	 	 	1,134 	  	 	 	981 	  	 	 	153 	  	 	 	16 	  	 	 	1,058 	  	 	 	962 	  	 	 	933 	  	
Trading assets	 	 	6,586 	  	 	 	6,289 	  	 	 	297 	  	 	 	5 	  	 	 	6,175 	  	 	 	6,650 	  	 	 	6,166 	  	
Securities available for sale	 	 	27,216 	  	 	 	26,569 	  	 	 	647 	  	 	 	2 	  	 	 	26,895 	  	 	 	30,310 	  	 	 	27,598 	  	
Loans held for sale	 	 	2,052 	  	 	 	2,165 	  	 	 	(113)	  	 	 	(5)	  	 	 	3,501 	  	 	 	3,114 	  	 	 	3,185 	  	
Loans held for investment:	 				 				 				 				 				 				 				
Commercial & industrial	 	 	45,922 	  	 	 	45,080 	  	 	 	842 	  	 	 	2 	  	 	 	44,753 	  	 	 	44,374 	  	 	 	43,982 	  	
Commercial real estate	 	 	5,707 	  	 	 	6,043 	  	 	 	(336)	  	 	 	(6)	  	 	 	6,167 	  	 	 	6,616 	  	 	 	6,814 	  	
Commercial construction	 	 	1,740 	  	 	 	2,109 	  	 	 	(369)	  	 	 	(17)	  	 	 	2,568 	  	 	 	3,052 	  	 	 	3,653 	  	
Residential mortgages - guaranteed	 	 	4,513 	  	 	 	4,516 	  	 	 	(3)	  	 	 	- 	  	 	 	4,520 	  	 	 	4,090 	  	 	 	2,894 	  	
Residential mortgages - nonguaranteed	 	 	23,224 	  	 	 	23,443 	  	 	 	(219)	  	 	 	(1)	  	 	 	23,959 	  	 	 	24,124 	  	 	 	24,457 	  	
Residential home equity products	 	 	16,169 	  	 	 	16,382 	  	 	 	(213)	  	 	 	(1)	  	 	 	16,751 	  	 	 	16,913 	  	 	 	17,144 	  	
Residential construction	 	 	1,118 	  	 	 	1,208 	  	 	 	(90)	  	 	 	(7)	  	 	 	1,291 	  	 	 	1,413 	  	 	 	1,526 	  	
Consumer student loans - guaranteed	 	 	4,620 	  	 	 	4,477 	  	 	 	143 	  	 	 	3 	  	 	 	4,260 	  	 	 	4,044 	  	 	 	3,305 	  	
Consumer other direct	 	 	1,863 	  	 	 	1,786 	  	 	 	77 	  	 	 	4 	  	 	 	1,722 	  	 	 	1,636 	  	 	 	1,555 	  	
Consumer indirect	 	 	9,630 	  	 	 	9,469 	  	 	 	161 	  	 	 	2 	  	 	 	9,499 	  	 	 	8,310 	  	 	 	7,100 	  	
Consumer credit cards	 	 	407 	  	 	 	419 	  	 	 	(12)	  	 	 	(3)	  	 	 	485 	  	 	 	483 	  	 	 	495 	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
Total loans held for investment	 	 	114,913 	  	 	 	114,932 	  	 	 	(19)	  	 	 	- 	  	 	 	115,975 	  	 	 	115,055 	  	 	 	112,925 	  	
   Allowance for loan and lease losses	 	 	(2,744)	  	 	 	(2,854)	  	 	 	(110)	  	 	 	(4)	  	 	 	(2,974)	  	 	 	(3,086)	  	 	 	(3,156)	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
Net loans held for investment	 	 	112,169 	  	 	 	112,078 	  	 	 	91 	  	 	 	- 	  	 	 	113,001 	  	 	 	111,969 	  	 	 	109,769 	  	
Goodwill	 	 	6,343 	  	 	 	6,324 	  	 	 	19 	  	 	 	- 	  	 	 	6,323 	  	 	 	6,323 	  	 	 	6,323 	  	
Other intangible assets	 	 	1,539 	  	 	 	1,659 	  	 	 	(120)	  	 	 	(7)	  	 	 	1,571 	  	 	 	1,204 	  	 	 	1,443 	  	
Other real estate owned	 	 	483 	  	 	 	534 	  	 	 	(51)	  	 	 	(10)	  	 	 	596 	  	 	 	645 	  	 	 	700 	  	
Other assets	 	 	8,998 	  	 	 	8,959 	  	 	 	39 	  	 	 	- 	  	 	 	9,434 	  	 	 	10,332 	  	 	 	10,691 	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
Total assets 1	 	 	$172,173 	  	 	 	$170,794 	  	 	 	$1,379 	  	 	 	1 	% 	 	 	$172,874 	  	 	 	$174,703 	  	 	 	$170,668 	  	

LIABILITIES	 				 				 				 				 				 				 				
Deposits:	 				 				 				 				 				 				 				
   Noninterest-bearing consumer and commercial deposits	 	 	$30,591 	  	 	 	$28,521 	  	 	 	$2,070 	  	 	 	7 	% 	 	 	$27,290 	  	 	 	$26,707 	  	 	 	$25,382 	  	
   Interest-bearing consumer and commercial deposits:	 				 				 				 				 				 				 				
NOW accounts	 	 	24,330 	  	 	 	25,462 	  	 	 	(1,132)	  	 	 	(4)	  	 	 	26,115 	  	 	 	23,444 	  	 	 	24,487 	  	
Money market accounts	 	 	42,427 	  	 	 	43,055 	  	 	 	(628)	  	 	 	(1)	  	 	 	42,005 	  	 	 	40,798 	  	 	 	38,444 	  	
Savings	 	 	4,600 	  	 	 	4,518 	  	 	 	82 	  	 	 	2 	  	 	 	4,094 	  	 	 	4,051 	  	 	 	4,107 	  	
Consumer time	 	 	12,598 	  	 	 	12,747 	  	 	 	(149)	  	 	 	(1)	  	 	 	12,879 	  	 	 	13,966 	  	 	 	14,665 	  	
Other time	 	 	7,125 	  	 	 	7,256 	  	 	 	(131)	  	 	 	(2)	  	 	 	7,642 	  	 	 	8,528 	  	 	 	9,176 	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
Total consumer and commercial deposits	 	 	121,671 	  	 	 	121,559 	  	 	 	112 	  	 	 	- 	  	 	 	120,025 	  	 	 	117,494 	  	 	 	116,261 	  	
   Brokered deposits	 	 	2,345 	  	 	 	2,369 	  	 	 	(24)	  	 	 	(1)	  	 	 	2,365 	  	 	 	2,409 	  	 	 	2,343 	  	
   Foreign deposits	 	 	905 	  	 	 	57 	  	 	 	848 	  	 	 	NM 	  	 	 	654 	  	 	 	441 	  	 	 	64 	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
   Total deposits	 	 	124,921 	  	 	 	123,985 	  	 	 	936 	  	 	 	1 	  	 	 	123,044 	  	 	 	120,344 	  	 	 	118,668 	  	
Funds purchased	 	 	939 	  	 	 	1,150 	  	 	 	(211)	  	 	 	(18)	  	 	 	951 	  	 	 	1,076 	  	 	 	1,260 	  	
Securities sold under agreements to repurchase	 	 	2,253 	  	 	 	2,113 	  	 	 	140 	  	 	 	7 	  	 	 	2,180 	  	 	 	2,429 	  	 	 	2,477 	  	
Other short-term borrowings	 	 	2,791 	  	 	 	2,858 	  	 	 	(67)	  	 	 	(2)	  	 	 	2,690 	  	 	 	4,894 	  	 	 	2,517 	  	
Long-term debt	 	 	13,693 	  	 	 	14,663 	  	 	 	(970)	  	 	 	(7)	  	 	 	13,648 	  	 	 	15,208 	  	 	 	15,659 	  	
Trading liabilities	 	 	3,026 	  	 	 	2,731 	  	 	 	295 	  	 	 	11 	  	 	 	2,678 	  	 	 	2,702 	  	 	 	2,655 	  	
Other liabilities	 	 	4,890 	  	 	 	4,071 	  	 	 	819 	  	 	 	20 	  	 	 	4,553 	  	 	 	4,612 	  	 	 	4,408 	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
    Total liabilities	 	 	152,513 	  	 	 	151,571 	  	 	 	942 	  	 	 	1 	  	 	 	149,744 	  	 	 	151,265 	  	 	 	147,644 	  	

SHAREHOLDERS’ EQUITY	 				 				 				 				 				 				 				
Preferred stock, no par value	 	 	172 	  	 	 	172 	  	 	 	- 	  	 	 	- 	  	 	 	4,942 	  	 	 	4,936 	  	 	 	4,929 	  	
Common stock, $1.00 par value	 	 	550 	  	 	 	550 	  	 	 	- 	  	 	 	- 	  	 	 	515 	  	 	 	515 	  	 	 	515 	  	
Additional paid in capital	 	 	9,330 	  	 	 	9,324 	  	 	 	6 	  	 	 	- 	  	 	 	8,403 	  	 	 	8,443 	  	 	 	8,445 	  	
Retained earnings	 	 	8,745 	  	 	 	8,575 	  	 	 	170 	  	 	 	2 	  	 	 	8,542 	  	 	 	8,431 	  	 	 	8,358 	  	
Treasury stock, at cost, and other	 	 	(805)	  	 	 	(823)	  	 	 	(18)	  	 	 	(2)	  	 	 	(888)	  	 	 	(952)	  	 	 	(968)	  	
Accumulated other comprehensive income	 	 	1,668 	  	 	 	1,425 	  	 	 	243 	  	 	 	17 	  	 	 	1,616 	  	 	 	2,065 	  	 	 	1,745 	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
    Total shareholders’ equity	 	 	19,660 	  	 	 	19,223 	  	 	 	437 	  	 	 	2 	  	 	 	23,130 	  	 	 	23,438 	  	 	 	23,024 	  	

	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
    Total liabilities and shareholders’ equity	 	 	$172,173 	  	 	 	$170,794 	  	 	 	$1,379 	  	 	 	1 	% 	 	 	$172,874 	  	 	 	$174,703 	  	 	 	$170,668 	  	

Common shares outstanding	 	 	536,907 	  	 	 	536,817 	  	 	 	90 	  	 	 	- 	% 	 	 	500,436 	  	 	 	499,955 	  	 	 	499,929 	  	
Common shares authorized	 	 	750,000 	  	 	 	750,000 	  	 	 	- 	  	 	 	- 	  	 	 	750,000 	  	 	 	750,000 	  	 	 	750,000 	  	
Preferred shares outstanding	 	 	2 	  	 	 	2 	  	 	 	- 	  	 	 	- 	  	 	 	50 	  	 	 	50 	  	 	 	50 	  	
Preferred shares authorized	 	 	50,000 	  	 	 	50,000 	  	 	 	- 	  	 	 	- 	  	 	 	50,000 	  	 	 	50,000 	  	 	 	50,000 	  	
Treasury shares of common stock	 	 	13,014 	  	 	 	13,104 	  	 	 	(90)	  	 	 	(1)	  	 	 	14,231 	  	 	 	14,712 	  	 	 	14,738 	  	
1 Includes earning assets of	 	 	$146,367 	  	 	 	$145,895 	  	 	 	$472 	  	 	 	- 	% 	 	 	$148,473 	  	 	 	$149,994 	  	 	 	$145,601 	  	
2 “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.
 
Page 6

																																	
SunTrust Banks, Inc. and Subsidiaries
CONSOLIDATED DAILY AVERAGE BALANCES,
AVERAGE YIELDS EARNED AND RATES PAID
(Dollars in millions; yields on taxable-equivalent basis) (Unaudited)	 	
 	  	Three Months Ended	 	 	Increase/(Decrease) From	 	
 	  	June 30, 2011	 	 	March 31, 2011	 	 	Sequential Quarter	 	
									
 	  	Average
  Balances  	 	  	Interest
Income/
  Expense  	 	 	  Yields/  
Rates	 	 	  Average  
Balances	 	  	Interest
Income/
  Expense  	 	  	  Yields/  
Rates	 	 	  Average  
Balances	 	  	  Yields/  
Rates	 	
ASSETS	  				  				 				 				  				  				 				  				
Loans (Post-Adoption): 3	  				  				 				 				  				  				 				  				
Commercial and industrial - FTE  1	  	 	$45,158 	  	  	 	$583 	  	 	 	5.17 	  % 	 	 	$44,181 	  	  	 	$583 	  	  	 	5.35 	% 	 	 	$977 	  	  	 	(0.18)	  % 	
Commercial real estate	  	 	5,479 	  	  	 	50 	  	 	 	3.66 	  	 	 	5,720 	  	  	 	53 	  	  	 	3.76 	  	 	 	(241)	  	  	 	(0.10)	  	
Commercial construction	  	 	1,204 	  	  	 	11 	  	 	 	3.83 	  	 	 	1,466 	  	  	 	14 	  	  	 	3.80 	  	 	 	(262)	  	  	 	0.03 	  	
Residential mortgages - guaranteed	  	 	4,387 	  	  	 	39 	  	 	 	3.57 	  	 	 	4,305 	  	  	 	35 	  	  	 	3.26 	  	 	 	82 	  	  	 	0.31 	  	
Residential mortgages -non guaranteed	  	 	21,794 	  	  	 	273 	  	 	 	5.01 	  	 	 	22,173 	  	  	 	287 	  	  	 	5.18 	  	 	 	(379)	  	  	 	(0.17)	  	
Home equity products	  	 	15,924 	  	  	 	150 	  	 	 	3.77 	  	 	 	16,214 	  	  	 	151 	  	  	 	3.78 	  	 	 	(290)	  	  	 	(0.01)	  	
Residential construction	  	 	885 	  	  	 	12 	  	 	 	5.24 	  	 	 	962 	  	  	 	12 	  	  	 	5.20 	  	 	 	(77)	  	  	 	0.04 	  	
Guaranteed student loans	  	 	4,552 	  	  	 	49 	  	 	 	4.37 	  	 	 	4,376 	  	  	 	46 	  	  	 	4.30 	  	 	 	176 	  	  	 	0.07 	  	
Other direct	  	 	1,823 	  	  	 	22 	  	 	 	4.79 	  	 	 	1,741 	  	  	 	22 	  	  	 	5.01 	  	 	 	82 	  	  	 	(0.22)	  	
Indirect	  	 	9,459 	  	  	 	111 	  	 	 	4.70 	  	 	 	9,473 	  	  	 	114 	  	  	 	4.89 	  	 	 	(14)	  	  	 	(0.19)	  	
Credit cards	  	 	457 	  	  	 	15 	  	 	 	12.98 	  	 	 	522 	  	  	 	15 	  	  	 	11.54 	  	 	 	(65)	  	  	 	1.44 	  	
Nonaccrual	  	 	3,798 	  	  	 	10 	  	 	 	1.08 	  	 	 	4,029 	  	  	 	8 	  	  	 	0.77 	  	 	 	(231)	  	  	 	0.31 	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
    Total loans	  	 	114,920 	  	  	 	1,325 	  	 	 	4.62 	  	 	 	115,162 	  	  	 	1,340 	  	  	 	4.72 	  	 	 	(242)	  	  	 	(0.10)	  	
Securities available for sale:	  				  				 				 				  				  				 				  				
  Taxable	  	 	23,711 	  	  	 	199 	  	 	 	3.35 	  	 	 	23,705 	  	  	 	185 	  	  	 	3.12 	  	 	 	6 	  	  	 	0.23 	  	
  Tax-exempt - FTE  1	  	 	517 	  	  	 	7 	  	 	 	5.47 	  	 	 	549 	  	  	 	7 	  	  	 	5.54 	  	 	 	(32)	  	  	 	(0.07)	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
    Total securities available for sale - FTE  1	  	 	24,228 	  	  	 	206 	  	 	 	3.40 	  	 	 	24,254 	  	  	 	192 	  	  	 	3.17 	  	 	 	(26)	  	  	 	0.23 	  	
Funds sold and securities purchased under agreements to resell	  	 	1,079 	  	  	 	- 	  	 	 	- 	  	 	 	1,064 	  	  	 	- 	  	  	 	0.01 	  	 	 	15 	  	  	 	(0.01)	  	
Loans held for sale	  	 	2,104 	  	  	 	22 	  	 	 	4.17 	  	 	 	2,726 	  	  	 	28 	  	  	 	4.13 	  	 	 	(622)	  	  	 	0.04 	  	
Interest-bearing deposits	  	 	23 	  	  	 	- 	  	 	 	0.16 	  	 	 	22 	  	  	 	- 	  	  	 	0.13 	  	 	 	1 	  	  	 	0.03 	  	
Interest earning trading assets	  	 	3,631 	  	  	 	20 	  	 	 	2.30 	  	 	 	3,558 	  	  	 	22 	  	  	 	2.49 	  	 	 	73 	  	  	 	(0.19)	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
    Total earning assets	  	 	145,985 	  	  	 	1,573 	  	 	 	4.32 	  	 	 	146,786 	  	  	 	1,582 	  	  	 	4.37 	  	 	 	(801)	  	  	 	(0.05)	  	
Allowance for loan and lease losses	  	 	(2,740)	  	  				 				 	 	(2,852)	  	  				  				 	 	112 	  	  				
Cash and due from banks	  	 	4,452 	  	  				 				 	 	6,485 	  	  				  				 	 	(2,033)	  	  				
Other assets	  	 	17,348 	  	  				 				 	 	17,699 	  	  				  				 	 	(351)	  	  				
Noninterest earning trading assets	  	 	2,999 	  	  				 				 	 	2,654 	  	  				  				 	 	345 	  	  				
Unrealized gains on securities available for sale, net	  	 	2,483 	  	  				 				 	 	2,294 	  	  				  				 	 	189 	  	  				
	  	 	 	 	  				 				 	 	 	 	  				  				 	 	 	 	  				
     Total assets	  	 	$170,527 	  	  				 				 	 	$173,066 	  	  				  				 	 	($2,539)	  	  				

LIABILITIES AND SHAREHOLDERS’ EQUITY	  				  				 				 				  				  				 				  				
Interest-bearing deposits:	  				  				 				 				  				  				 				  				
  NOW accounts	  	 	$24,672 	  	  	 	$10 	  	 	 	0.16 	% 	 	 	$25,370 	  	  	 	$11 	  	  	 	0.17 	% 	 	 	($698)	  	  	 	(0.01)	  % 	
  Money market accounts	  	 	42,865 	  	  	 	43 	  	 	 	0.40 	  	 	 	42,603 	  	  	 	48 	  	  	 	0.46 	  	 	 	262 	  	  	 	(0.06)	  	
  Savings	  	 	4,587 	  	  	 	2 	  	 	 	0.18 	  	 	 	4,266 	  	  	 	1 	  	  	 	0.13 	  	 	 	321 	  	  	 	0.05 	  	
  Consumer time	  	 	12,712 	  	  	 	51 	  	 	 	1.60 	  	 	 	12,774 	  	  	 	51 	  	  	 	1.61 	  	 	 	(62)	  	  	 	(0.01)	  	
  Other time	  	 	7,203 	  	  	 	31 	  	 	 	1.74 	  	 	 	7,417 	  	  	 	33 	  	  	 	1.78 	  	 	 	(214)	  	  	 	(0.04)	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
    Total interest-bearing consumer and commercial deposits	  	 	92,039 	  	  	 	137 	  	 	 	0.60 	  	 	 	92,430 	  	  	 	144 	  	  	 	0.63 	  	 	 	(391)	  	  	 	(0.03)	  	
  Brokered deposits	  	 	2,317 	  	  	 	25 	  	 	 	4.38 	  	 	 	2,347 	  	  	 	25 	  	  	 	4.36 	  	 	 	(30)	  	  	 	0.02 	  	
  Foreign deposits	  	 	23 	  	  	 	- 	  	 	 	0.05 	  	 	 	259 	  	  	 	- 	  	  	 	0.15 	  	 	 	(236)	  	  	 	(0.10)	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
    Total interest-bearing deposits	  	 	94,379 	  	  	 	162 	  	 	 	0.69 	  	 	 	95,036 	  	  	 	169 	  	  	 	0.72 	  	 	 	(657)	  	  	 	(0.03)	  	
Funds purchased	  	 	1,001 	  	  	 	- 	  	 	 	0.12 	  	 	 	1,114 	  	  	 	- 	  	  	 	0.18 	  	 	 	(113)	  	  	 	(0.06)	  	
Securities sold under agreements to repurchase	  	 	2,264 	  	  	 	1 	  	 	 	0.14 	  	 	 	2,302 	  	  	 	1 	  	  	 	0.16 	  	 	 	(38)	  	  	 	(0.02)	  	
Interest-bearing trading liabilities	  	 	922 	  	  	 	8 	  	 	 	3.39 	  	 	 	930 	  	  	 	8 	  	  	 	3.34 	  	 	 	(8)	  	  	 	0.05 	  	
Other short-term borrowings	  	 	2,934 	  	  	 	3 	  	 	 	0.38 	  	 	 	2,760 	  	  	 	3 	  	  	 	0.41 	  	 	 	174 	  	  	 	(0.03)	  	
Long-term debt	  	 	13,765 	  	  	 	113 	  	 	 	3.30 	  	 	 	13,806 	  	  	 	124 	  	  	 	3.64 	  	 	 	(41)	  	  	 	(0.34)	  	
	  	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	
    Total interest-bearing liabilities	  	 	115,265 	  	  	 	287 	  	 	 	1.00 	  	 	 	115,948 	  	  	 	305 	  	  	 	1.07 	  	 	 	(683)	  	  	 	(0.07)	  	
Noninterest-bearing deposits	  	 	29,840 	  	  				 				 	 	28,280 	  	  				  				 	 	1,560 	  	  				
Other liabilities	  	 	3,823 	  	  				 				 	 	3,955 	  	  				  				 	 	(132)	  	  				
Noninterest-bearing trading liabilities	  	 	2,090 	  	  				 				 	 	1,776 	  	  				  				 	 	314 	  	  				
Shareholders’ equity	  	 	19,509 	  	  				 				 	 	23,107 	  	  				  				 	 	(3,598)	  	  				
	  	 	 	 	  				 				 	 	 	 	  				  				 	 	 	 	  				
    Total liabilities and shareholders’ equity	  	 	$170,527 	  	  				 				 	 	$173,066 	  	  				  				 	 	($2,539)	  	  				

Interest Rate Spread	  				  				 	 	3.32	   % 	 				  				  	 	3.30	  % 	 				  	 	0.02 	  % 	

									
Net Interest Income - FTE  1	  				  	 	$1,286 	  	 				 				  	 	$1,277 	  	  				 				  				

Net Interest Margin  2	  				  				 	 	3.53	   % 	 				  				  	 	3.53	  % 	 				  	 	-     	  % 	

 
1 The fully taxable-equivalent(“FTE”) basis adjusts for the tax-favored status of net interest income from certain loans and investments. The Company believes this measure to be the preferred industry measurement of net interest income and it enhances comparability of net interest income arising from taxable and tax-exempt sources.
2 The net interest margin is calculated by dividing annualized net interest income - FTE by average total earning assets.
3 Average balances, interest income, and yields are presented using the new loan classifications as initially adopted in the Company’s 2010 Annual Report on Form 10-K. Due to the inability of the Company to present 2010 periods using the new classifications, the 2011 amounts have also been presented using prior loan classifications on the next page.
 
Page 7

																																									
SunTrust Banks, Inc. and Subsidiaries
CONSOLIDATED DAILY AVERAGE BALANCES,
AVERAGE YIELDS EARNED AND RATES PAID, continued
(Dollars in millions; yields on taxable-equivalent basis) (Unaudited)	 	
 	 	Three Months Ended	 	 	Increase/(Decrease) From	 	
 	 	June 30, 2011	 	 	March 31, 2011	 	 	Sequential Quarter	 	 	Prior Year Quarter	 	
 	 	Average
  Balances  	 	 	 
  Interest  
  Income/  
  Expense  	 	 	 Yields/ 
Rates	 	 	  Average  
   Balances  	 	 	  Interest  
  Income/  
  Expense  	 	 	 Yields/ 
Rates	 	 	  Average  
   Balances  	 	 	 Yields/ 
Rates	 	 	Average
  Balances  	 	 	 Yields/ 
Rates	 	
ASSETS	 				 				 				 				 				 				 				 				 				 				
Loans (Pre-Adoption): 3	 				 				 				 				 				 				 				 				 				 				
  Real estate residential mortgage 1-4 family	 	 	$28,971 	  	 	 	$357 	  	 	 	4.93 	% 	 	 	$29,427 	  	 	 	$369 	  	 	 	5.01 	% 	 	 	($456)	  	 	 	(0.08)	 % 	 	 	$333 	  	 	 	(0.56)	 % 	
  Real estate construction	 	 	2,167 	  	 	 	21 	  	 	 	3.90 	  	 	 	2,487 	  	 	 	24 	  	 	 	3.95 	  	 	 	(320)	  	 	 	(0.05)	  	 	 	(1,107)	  	 	 	0.23 	  	
  Real estate home equity lines	 	 	14,347 	  	 	 	121 	  	 	 	3.37 	  	 	 	14,571 	  	 	 	121 	  	 	 	3.37 	  	 	 	(224)	  	 	 	- 	  	 	 	(626)	  	 	 	- 	  	
  Real estate commercial	 	 	13,156 	  	 	 	132 	  	 	 	4.02 	  	 	 	13,514 	  	 	 	137 	  	 	 	4.10 	  	 	 	(358)	  	 	 	(0.08)	  	 	 	(1,935)	  	 	 	(0.07)	  	
  Commercial - FTE  1	 	 	35,211 	  	 	 	476 	  	 	 	5.42 	  	 	 	33,925 	  	 	 	472 	  	 	 	5.64 	  	 	 	1,286 	  	 	 	(0.22)	  	 	 	2,708 	  	 	 	(0.10)	  	
  Credit card	 	 	967 	  	 	 	20 	  	 	 	8.33 	  	 	 	1,013 	  	 	 	21 	  	 	 	8.13 	  	 	 	(46)	  	 	 	0.20 	  	 	 	(97)	  	 	 	(0.12)	  	
  Consumer - direct	 	 	6,844 	  	 	 	77 	  	 	 	4.52 	  	 	 	6,723 	  	 	 	74 	  	 	 	4.49 	  	 	 	121 	  	 	 	0.03 	  	 	 	1,300 	  	 	 	0.20 	  	
  Consumer - indirect	 	 	9,459 	  	 	 	111 	  	 	 	4.70 	  	 	 	9,473 	  	 	 	114 	  	 	 	4.89 	  	 	 	(14)	  	 	 	(0.19)	  	 	 	2,513 	  	 	 	(1.16)	  	
  Nonaccrual	 	 	3,798 	  	 	 	10 	  	 	 	1.08 	  	 	 	4,029 	  	 	 	8 	  	 	 	0.77 	  	 	 	(231)	  	 	 	0.31 	  	 	 	(1,185)	  	 	 	0.22 	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
    Total loans	 	 	114,920 	  	 	 	1,325 	  	 	 	4.62 	  	 	 	115,162 	  	 	 	1,340 	  	 	 	4.72 	  	 	 	(242)	  	 	 	(0.10)	  	 	 	1,904 	  	 	 	(0.15)	  	
Securities available for sale:	 				 				 				 				 				 				 				 				 				 				
  Taxable	 	 	23,711 	  	 	 	199 	  	 	 	3.35 	  	 	 	23,705 	  	 	 	185 	  	 	 	3.12 	  	 	 	6 	  	 	 	0.23 	  	 	 	(266)	  	 	 	0.24 	  	
  Tax-exempt - FTE  1	 	 	517 	  	 	 	7 	  	 	 	5.47 	  	 	 	549 	  	 	 	7 	  	 	 	5.54 	  	 	 	(32)	  	 	 	(0.07)	  	 	 	(349)	  	 	 	0.08 	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
    Total securities available for sale - FTE  1	 	 	24,228 	  	 	 	206 	  	 	 	3.40 	  	 	 	24,254 	  	 	 	192 	  	 	 	3.17 	  	 	 	(26)	  	 	 	0.23 	  	 	 	(615)	  	 	 	0.21 	  	
Funds sold and securities purchased under agreements to resell	 	 	1,079 	  	 	 	- 	  	 	 	- 	  	 	 	1,064 	  	 	 	- 	  	 	 	0.01 	  	 	 	15 	  	 	 	(0.01)	  	 	 	70 	  	 	 	(0.11)	  	
Loans held for sale	 	 	2,104 	  	 	 	22 	  	 	 	4.17 	  	 	 	2,726 	  	 	 	28 	  	 	 	4.13 	  	 	 	(622)	  	 	 	0.04 	  	 	 	(1,238)	  	 	 	0.20 	  	
Interest-bearing deposits	 	 	23 	  	 	 	- 	  	 	 	0.16 	  	 	 	22 	  	 	 	- 	  	 	 	0.13 	  	 	 	1 	  	 	 	0.03 	  	 	 	(4)	  	 	 	(0.01)	  	
Interest earning trading assets	 	 	3,631 	  	 	 	20 	  	 	 	2.30 	  	 	 	3,558 	  	 	 	22 	  	 	 	2.49 	  	 	 	73 	  	 	 	(0.19)	  	 	 	404 	  	 	 	(0.73)	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
    Total earning assets	 	 	145,985 	  	 	 	1,573 	  	 	 	4.32 	  	 	 	146,786 	  	 	 	1,582 	  	 	 	4.37 	  	 	 	(801)	  	 	 	(0.05)	  	 	 	521 	  	 	 	(0.09)	  	
Allowance for loan and lease losses	 	 	(2,740)	  	 				 				 	 	(2,852)	  	 				 				 	 	112 	  	 				 	 	367 	  	 				
Cash and due from banks	 	 	4,452 	  	 				 				 	 	6,485 	  	 				 				 	 	(2,033)	  	 				 	 	(1,336)	  	 				
Other assets	 	 	17,348 	  	 				 				 	 	17,699 	  	 				 				 	 	(351)	  	 				 	 	(1,102)	  	 				
Noninterest earning trading assets	 	 	2,999 	  	 				 				 	 	2,654 	  	 				 				 	 	345 	  	 				 	 	290 	  	 				
Unrealized gains on securities available for sale, net	 	 	2,483 	  	 				 				 	 	2,294 	  	 				 				 	 	189 	  	 				 	 	514 	  	 				
	 	 	 	 	 				 				 	 	 	 	 				 				 	 	 	 	 				 	 	 	 	 				
     Total assets	 	 	$170,527 	  	 				 				 	 	$173,066 	  	 				 				 	 	($2,539)	  	 				 	 	($746)	  	 				

LIABILITIES AND SHAREHOLDERS’ EQUITY	  	 				 				 				 				 				 				 				 				 				
Interest-bearing deposits:	 				 				 				 				 				 				 				 				 				 				
  NOW accounts	 	 	$24,672 	  	 	 	$10 	  	 	 	0.16 	% 	 	 	$25,370 	  	 	 	$11 	  	 	 	0.17 	% 	 	 	($698)	  	 	 	(0.01)	 % 	 	 	($277)	  	 	 	(0.09)	 % 	
  Money market accounts	 	 	42,865 	  	 	 	43 	  	 	 	0.40 	  	 	 	42,603 	  	 	 	48 	  	 	 	0.46 	  	 	 	262 	  	 	 	(0.06)	  	 	 	5,162 	  	 	 	(0.21)	  	
  Savings	 	 	4,587 	  	 	 	2 	  	 	 	0.18 	  	 	 	4,266 	  	 	 	1 	  	 	 	0.13 	  	 	 	321 	  	 	 	0.05 	  	 	 	494 	  	 	 	(0.04)	  	
  Consumer time	 	 	12,712 	  	 	 	51 	  	 	 	1.60 	  	 	 	12,774 	  	 	 	51 	  	 	 	1.61 	  	 	 	(62)	  	 	 	(0.01)	  	 	 	(2,067)	  	 	 	(0.36)	  	
  Other time	 	 	7,203 	  	 	 	31 	  	 	 	1.74 	  	 	 	7,417 	  	 	 	33 	  	 	 	1.78 	  	 	 	(214)	  	 	 	(0.04)	  	 	 	(2,242)	  	 	 	(0.37)	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
    Total interest-bearing consumer and commercial deposits	 	 	92,039 	  	 	 	137 	  	 	 	0.60 	  	 	 	92,430 	  	 	 	144 	  	 	 	0.63 	  	 	 	(391)	  	 	 	(0.03)	  	 	 	1,070 	  	 	 	(0.27)	  	
  Brokered deposits	 	 	2,317 	  	 	 	25 	  	 	 	4.38 	  	 	 	2,347 	  	 	 	25 	  	 	 	4.36 	  	 	 	(30)	  	 	 	0.02 	  	 	 	(99)	  	 	 	(0.19)	  	
  Foreign deposits	 	 	23 	  	 	 	- 	  	 	 	0.05 	  	 	 	259 	  	 	 	- 	  	 	 	0.15 	  	 	 	(236)	  	 	 	(0.10)	  	 	 	(231)	  	 	 	(0.06)	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
    Total interest-bearing deposits	 	 	94,379 	  	 	 	162 	  	 	 	0.69 	  	 	 	95,036 	  	 	 	169 	  	 	 	0.72 	  	 	 	(657)	  	 	 	(0.03)	  	 	 	740 	  	 	 	(0.27)	  	
Funds purchased	 	 	1,001 	  	 	 	- 	  	 	 	0.12 	  	 	 	1,114 	  	 	 	- 	  	 	 	0.18 	  	 	 	(113)	  	 	 	(0.06)	  	 	 	(223)	  	 	 	(0.06)	  	
Securities sold under agreements to repurchase	 	 	2,264 	  	 	 	1 	  	 	 	0.14 	  	 	 	2,302 	  	 	 	1 	  	 	 	0.16 	  	 	 	(38)	  	 	 	(0.02)	  	 	 	(368)	  	 	 	-     	  	
Interest-bearing trading liabilities	 	 	922 	  	 	 	8 	  	 	 	3.39 	  	 	 	930 	  	 	 	8 	  	 	 	3.34 	  	 	 	(8)	  	 	 	0.05 	  	 	 	54 	  	 	 	(0.37)	  	
Other short-term borrowings	 	 	2,934 	  	 	 	3 	  	 	 	0.38 	  	 	 	2,760 	  	 	 	3 	  	 	 	0.41 	  	 	 	174 	  	 	 	(0.03)	  	 	 	397 	  	 	 	(0.10)	  	
Long-term debt	 	 	13,765 	  	 	 	113 	  	 	 	3.30 	  	 	 	13,806 	  	 	 	124 	  	 	 	3.64 	  	 	 	(41)	  	 	 	(0.34)	  	 	 	(2,764)	  	 	 	(0.45)	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
    Total interest-bearing liabilities	 	 	115,265 	  	 	 	287 	  	 	 	1.00 	  	 	 	115,948 	  	 	 	305 	  	 	 	1.07 	  	 	 	(683)	  	 	 	(0.07)	  	 	 	(2,164)	  	 	 	(0.34)	  	
Noninterest-bearing deposits	 	 	29,840 	  	 				 				 	 	28,280 	  	 				 				 	 	1,560 	  	 				 	 	4,349	  	 				
Other liabilities	 	 	3,823 	  	 				 				 	 	3,955 	  	 				 				 	 	(132)	  	 				 	 	(417)	  	 				
Noninterest-bearing trading liabilities	 	 	2,090 	  	 				 				 	 	1,776 	  	 				 				 	 	314 	  	 				 	 	290 	  	 				
Shareholders’ equity	 	 	19,509 	  	 				 				 	 	23,107 	  	 				 				 	 	(3,598)	  	 				 	 	(2,804)	  	 				
	 	 	 	 	 				 				 	 	 	 	 				 				 	 	 	 	 				 	 	 	 	 				
     Total liabilities and shareholders’ equity	 	 	$170,527 	  	 				 				 	 	$173,066 	  	 				 				 	 	($2,539)	  	 				 	 	($746)	  	 				

Interest Rate Spread	 				 				 	 	3.32 	% 	 				 				 	 	3.30 	% 	 				 	 	0.02 	% 	 				 	 	0.25 	% 	

	 				 	 	 	 	 				 				 	 	 	 	 				 				 				 				 				
											
Net Interest Income - FTE  1	 				 	 	$1,286 	  	 				 				 	 	$1,277 	  	 				 				 				 				 				

Net Interest Margin  2	 				 				 	 	3.53 	% 	 				 				 	 	3.53 	% 	 				 	 	-     	% 	 				 	 	0.20 	% 	

 
1 The fully taxable-equivalent (“FTE”) basis adjusts for the tax-favored status of net interest income from certain loans and investments. The Company believes this measure to be the preferred industry measurement of net interest income and it enhances comparability of net interest income arising from taxable and tax-exempt sources.
2 The net interest margin is calculated by dividing annualized net interest income - FTE by average total earning assets.
3 For comparability to prior periods, the Company has presented loans in this table using the prior period loan classifications. The previous page presents average balances, interest income, and yields for loans under the new classification that aligns with the new loan class presentation in the Company’s 2010 Annual Report on Form 10-K.
 
Page 8

																																					
SunTrust Banks, Inc. and Subsidiaries
CONSOLIDATED DAILY AVERAGE BALANCES,
AVERAGE YIELDS EARNED AND RATES PAID, continued
(Dollars in millions; yields on taxable-equivalent basis) (Unaudited)	 	
   	  	Three Months Ended	 	
 	  	December 31, 2010	 	 	September 30, 2010	 	 	June 30, 2010	 	
										
 	  	  Average  
  Balances  	 	  	  Interest  
  Income/  
  Expense  	 	  	  Yields/  
  Rates  	 	 	  Average  
  Balances  	 	  	  Interest  
  Income/
  Expense  	 	  	  Yields/  
   Rates  	 	 	  Average  
  Balances  	 	  	  Interest  
  Income/  
  Expense  	 	  	  Yields/  
  Rates  	 	
ASSETS	  				  				  				 				  				  				 				  				  				
Loans:	  				  				  				 				  				  				 				  				  				
  Real estate residential mortgage 1-4 family	  	 	$29,789  	  	  	 	$378  	  	  	 	5.07 	  % 	 	 	$29,252  	  	  	 	$386  	  	  	 	5.27  	  % 	 	 	$28,638  	  	  	 	$393  	  	  	 	5.49  	  % 	
  Real estate construction	  	 	2,839  	  	  	 	28  	  	  	 	3.98 	  	 	 	3,431  	  	  	 	33  	  	  	 	3.78  	  	 	 	3,274  	  	  	 	30  	  	  	 	3.67  	  	
  Real estate home equity lines	  	 	14,738  	  	  	 	126  	  	  	 	3.38 	  	 	 	14,785  	  	  	 	127  	  	  	 	3.40  	  	 	 	14,973  	  	  	 	126  	  	  	 	3.37  	  	
  Real estate commercial	  	 	13,967  	  	  	 	143  	  	  	 	4.07 	  	 	 	14,166  	  	  	 	146  	  	  	 	4.08  	  	 	 	15,091  	  	  	 	154  	  	  	 	4.09  	  	
  Commercial - FTE 1	  	 	33,067  	  	  	 	472  	  	  	 	5.67 	  	 	 	32,491  	  	  	 	459  	  	  	 	5.60  	  	 	 	32,503  	  	  	 	447  	  	  	 	5.52  	  	
  Credit card	  	 	1,054  	  	  	 	21  	  	  	 	8.04 	  	 	 	1,049  	  	  	 	22  	  	  	 	8.37  	  	 	 	1,064  	  	  	 	23  	  	  	 	8.45  	  	
  Consumer - direct	  	 	6,565  	  	  	 	73  	  	  	 	4.38 	  	 	 	5,872  	  	  	 	66  	  	  	 	4.45  	  	 	 	5,544  	  	  	 	60  	  	  	 	4.32  	  	
  Consumer - indirect	  	 	8,683  	  	  	 	114  	  	  	 	5.19 	  	 	 	7,770  	  	  	 	108  	  	  	 	5.50  	  	 	 	6,946  	  	  	 	101  	  	  	 	5.86  	  	
  Nonaccrual 3	  	 	4,228  	  	  	 	7  	  	  	 	0.67 	  	 	 	4,506  	  	  	 	8  	  	  	 	0.88  	  	 	 	4,983  	  	  	 	11  	  	  	 	0.86  	  	
	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	
    Total loans	  	 	114,930  	  	  	 	1,362  	  	  	 	4.70 	  	 	 	113,322  	  	  	 	1,355  	  	  	 	4.74  	  	 	 	113,016  	  	  	 	1,345  	  	  	 	4.77  	  	
Securities available for sale:	  				  				  				 				  				  				 				  				  				
  Taxable	  	 	25,702  	  	  	 	196  	  	  	 	3.05 	  	 	 	25,502  	  	  	 	208  	  	  	 	3.26  	  	 	 	23,977  	  	  	 	186  	  	  	 	3.11  	  	
  Tax-exempt - FTE 1	  	 	627  	  	  	 	8  	  	  	 	5.27 	  	 	 	732  	  	  	 	10  	  	  	 	5.26  	  	 	 	866  	  	  	 	12  	  	  	 	5.39  	  	
	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	
    Total securities available for sale - FTE 1	  	 	26,329  	  	  	 	204  	  	  	 	3.11 	  	 	 	26,234  	  	  	 	218  	  	  	 	3.32  	  	 	 	24,843  	  	  	 	198  	  	  	 	3.19  	  	
Funds sold and securities purchased under agreements to resell	  	 	964  	  	  	 	-  	  	  	 	0.02 	  	 	 	1,021  	  	  	 	-  	  	  	 	0.08  	  	 	 	1,009  	  	  	 	-  	  	  	 	0.11  	  	
Loans held for sale	  	 	3,312  	  	  	 	35  	  	  	 	4.17 	  	 	 	3,276  	  	  	 	35  	  	  	 	4.33  	  	 	 	3,342  	  	  	 	33  	  	  	 	3.97  	  	
Interest-bearing deposits	  	 	25  	  	  	 	-  	  	  	 	0.14 	  	 	 	25  	  	  	 	-  	  	  	 	0.10  	  	 	 	27  	  	  	 	-  	  	  	 	0.17  	  	
Interest earning trading assets	  	 	3,554  	  	  	 	22  	  	  	 	2.43 	  	 	 	3,371  	  	  	 	24  	  	  	 	2.75  	  	 	 	3,227  	  	  	 	24  	  	  	 	3.03  	  	
	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	
    Total earning assets	  	 	149,114  	  	  	 	1,623  	  	  	 	4.32 	  	 	 	147,249  	  	  	 	1,632  	  	  	 	4.40  	  	 	 	145,464  	  	  	 	1,600  	  	  	 	4.41  	  	
Allowance for loan and lease losses	  	 	(2,958) 	  	  				  				 	 	(3,035) 	  	  				  				 	 	(3,107) 	  	  				  				
Cash and due from banks	  	 	4,889  	  	  				  				 	 	4,200  	  	  				  				 	 	5,788  	  	  				  				
Other assets	  	 	17,929  	  	  				  				 	 	18,019  	  	  				  				 	 	18,450  	  	  				  				
Noninterest earning trading assets	  	 	3,130  	  	  				  				 	 	3,171  	  	  				  				 	 	2,709  	  	  				  				
Unrealized gains on securities available for sale, net	  	 	2,664  	  	  				  				 	 	2,395  	  	  				  				 	 	1,969  	  	  				  				
	  	 	 	 	  				  				 	 	 	 	  				  				 	 	 	 	  				  				
    Total assets	  	 	$174,768  	  	  				  				 	 	$171,999  	  	  				  				 	 	$171,273  	  	  				  				

LIABILITIES AND SHAREHOLDERS’ EQUITY	  				  				  				 				  				  				 				  				  				
Interest-bearing deposits:	  				  				  				 				  				  				 				  				  				
  NOW accounts	  	 	$24,637  	  	  	 	$12  	  	  	 	0.20  	  % 	 	 	$23,514  	  	  	 	$13  	  	  	 	0.23  	  % 	 	 	$24,949  	  	  	 	$16  	  	  	 	0.25  	  % 	
  Money market accounts	  	 	41,711  	  	  	 	53  	  	  	 	0.50  	  	 	 	39,839  	  	  	 	57  	  	  	 	0.57  	  	 	 	37,703  	  	  	 	57  	  	  	 	0.61  	  	
  Savings	  	 	4,087  	  	  	 	2  	  	  	 	0.19  	  	 	 	4,074  	  	  	 	3  	  	  	 	0.22  	  	 	 	4,093  	  	  	 	2  	  	  	 	0.22  	  	
  Consumer time	  	 	13,360  	  	  	 	57  	  	  	 	1.68  	  	 	 	14,381  	  	  	 	68  	  	  	 	1.87  	  	 	 	14,779  	  	  	 	72  	  	  	 	1.96  	  	
  Other time	  	 	8,045  	  	  	 	37  	  	  	 	1.85  	  	 	 	8,914  	  	  	 	45  	  	  	 	2.02  	  	 	 	9,445  	  	  	 	50  	  	  	 	2.11  	  	
	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	
    Total interest-bearing consumer and commercial deposits	  	 	91,840  	  	  	 	161  	  	  	 	0.70  	  	 	 	90,722  	  	  	 	186  	  	  	 	0.81  	  	 	 	90,969  	  	  	 	197  	  	  	 	0.87  	  	
  Brokered deposits	  	 	2,411  	  	  	 	27  	  	  	 	4.36  	  	 	 	2,418  	  	  	 	28  	  	  	 	4.53  	  	 	 	2,416  	  	  	 	28  	  	  	 	4.57  	  	
  Foreign deposits	  	 	416  	  	  	 	-  	  	  	 	0.15  	  	 	 	322  	  	  	 	-  	  	  	 	0.15  	  	 	 	254  	  	  	 	-  	  	  	 	0.11  	  	
	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	
    Total interest-bearing deposits	  	 	94,667  	  	  	 	188  	  	  	 	0.79  	  	 	 	93,462  	  	  	 	214  	  	  	 	0.91  	  	 	 	93,639  	  	  	 	225  	  	  	 	0.96  	  	
Funds purchased	  	 	1,092  	  	  	 	1  	  	  	 	0.19  	  	 	 	1,176  	  	  	 	1  	  	  	 	0.20  	  	 	 	1,224  	  	  	 	1  	  	  	 	0.18  	  	
Securities sold under agreements to repurchase	  	 	2,541  	  	  	 	1  	  	  	 	0.17  	  	 	 	2,505  	  	  	 	1  	  	  	 	0.16  	  	 	 	2,632  	  	  	 	1  	  	  	 	0.14  	  	
Interest-bearing trading liabilities	  	 	812  	  	  	 	7  	  	  	 	3.55  	  	 	 	917  	  	  	 	9  	  	  	 	3.61  	  	 	 	868  	  	  	 	8  	  	  	 	3.76  	  	
Other short-term borrowings	  	 	3,464  	  	  	 	4  	  	  	 	0.40  	  	 	 	3,192  	  	  	 	3  	  	  	 	0.40  	  	 	 	2,537  	  	  	 	3  	  	  	 	0.48  	  	
Long-term debt	  	 	14,914  	  	  	 	128  	  	  	 	3.41  	  	 	 	15,396  	  	  	 	138  	  	  	 	3.56  	  	 	 	16,529  	  	  	 	154  	  	  	 	3.75  	  	
	  	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	 	 	 	 	  	 	 	 	  	 	 	 	
    Total interest-bearing liabilities	  	 	117,490  	  	  	 	329  	  	  	 	1.11  	  	 	 	116,648  	  	  	 	366  	  	  	 	1.24  	  	 	 	117,429  	  	  	 	392  	  	  	 	1.34  	  	
Noninterest-bearing deposits	  	 	27,848  	  	  				  				 	 	26,511  	  	  				  				 	 	25,491  	  	  				  				
Other liabilities	  	 	4,045  	  	  				  				 	 	3,891  	  	  				  				 	 	4,240  	  	  				  				
Noninterest-bearing trading liabilities	  	 	1,809  	  	  				  				 	 	1,858  	  	  				  				 	 	1,800  	  	  				  				
Shareholders’ equity	  	 	23,576  	  	  				  				 	 	23,091  	  	  				  				 	 	22,313  	  	  				  				
	  	 	 	 	  				  				 	 	 	 	  				  				 	 	 	 	  				  				
    Total liabilities and shareholders’ equity	  	 	$174,768  	  	  				  				 	 	$171,999  	  	  				  				 	 	$171,273  	  	  				  				

	  				  				  	 	 	 	 				  				  	 	 	 	 				  				  	 	 	 	
Interest Rate Spread	  				  				  	 	3.21 	  % 	 				  				  	 	3.16 	  % 	 				  				  	 	3.07 	  % 	

										
Net Interest Income - FTE 1	  				  	 	$1,294  	  	  				 				  	 	$1,266  	  	  				 				  	 	$1,208  	  	  				

Net Interest Margin 2	  				  				  	 	3.44 	  % 	 				  				  	 	3.41 	  % 	 				  				  	 	3.33 	  % 	

 
1 The fully taxable-equivalent (“FTE”) basis adjusts for the tax-favored status of net interest income from certain loans and investments. The Company believes this measure to   be the preferred industry measurement of net interest income and it enhances comparability of net interest income arising from taxable and tax-exempt sources.
2 The net interest margin is calculated by dividing annualized net interest income - FTE by average total earning assets.
3 Accruing TDRs were classified in Nonaccrual during prior periods. Due to sustained performance, accruing TDRs have been reclassified to the applicable loan category where   the related interest income is being classified in all periods presented.
 
Page 9

													
SunTrust Banks, Inc. and Subsidiaries
CONSOLIDATED DAILY AVERAGE BALANCES,
AVERAGE YIELDS EARNED AND RATES PAID, continued
(Dollars in millions; yields on taxable-equivalent basis) (Unaudited)	  

  	
 	  	 	 	 	 	 	 	 	 	 	 	 	
 	  	Six Months Ended	 	
 	  	June 30, 2011	 	
 	  	Average
   Balances   	 	 	 
 
Interest
Income/
  Expense  	 	 	Yields/
  Rates  	 	
ASSETS	  				 				 				
Loans (Post-Adoption): 3	  				 				 				
Commercial and industrial - FTE 1	  	 	$44,673	  	 	 	$1,165	  	 	 	5.26	% 	
Commercial real estate	  	 	5,599	  	 	 	103	  	 	 	3.71	  	
Commercial construction	  	 	1,334	  	 	 	25	  	 	 	3.81	  	
Residential mortgages - guaranteed	  	 	4,346	  	 	 	74	  	 	 	3.42	  	
Residential mortgages - nonguaranteed	  	 	21,982	  	 	 	560	  	 	 	5.10	  	
Home equity products	  	 	16,068	  	 	 	301	  	 	 	3.77	  	
Residential construction	  	 	924	  	 	 	24	  	 	 	5.22	  	
Guaranteed student loans	  	 	4,464	  	 	 	96	  	 	 	4.34	  	
Other direct	  	 	1,782	  	 	 	43	  	 	 	4.89	  	
Indirect	  	 	9,466	  	 	 	225	  	 	 	4.79	  	
Credit cards	  	 	489	  	 	 	30	  	 	 	12.21	  	
  Nonaccrual	  	 	3,913	  	 	 	18	  	 	 	0.92	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
    Total loans	  	 	115,040	  	 	 	2,664	  	 	 	4.67	  	
Securities available for sale:	  				 				 				
  Taxable	  	 	23,708	  	 	 	383	  	 	 	3.24	  	
  Tax-exempt - FTE 1	  	 	533	  	 	 	15	  	 	 	5.51	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
    Total securities available for sale - FTE 1	  	 	24,241	  	 	 	398	  	 	 	3.29	  	
Funds sold and securities purchased under agreements to resell	  	 	1,071	  	 	 	-	  	 	 	-	  	
Loans held for sale	  	 	2,413	  	 	 	50	  	 	 	4.15	  	
Interest-bearing deposits	  	 	23	  	 	 	-	  	 	 	0.14	  	
Interest earning trading assets	  	 	3,595	  	 	 	43	  	 	 	2.39	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
    Total earning assets	  	 	146,383	  	 	 	3,155	  	 	 	4.35	  	
Allowance for loan and lease losses	  	 	(2,796	) 	 				 				
Cash and due from banks	  	 	5,463	  	 				 				
Other assets	  	 	17,523	  	 				 				
Noninterest earning trading assets	  	 	2,827	  	 				 				
Unrealized gains on securities available for sale, net	  	 	2,389	  	 				 				
	  	 	 	 	 				 				
    Total assets	  	 	$171,789	  	 				 				

LIABILITIES AND SHAREHOLDERS’ EQUITY	  				 				 				
Interest-bearing deposits:	  				 				 				
  NOW accounts	  	 	$25,019	  	 	 	$21	  	 	 	0.17	% 	
  Money market accounts	  	 	42,735	  	 	 	91	  	 	 	0.43	  	
  Savings	  	 	4,428	  	 	 	3	  	 	 	0.16	  	
  Consumer time	  	 	12,743	  	 	 	101	  	 	 	1.60	  	
  Other time	  	 	7,309	  	 	 	64	  	 	 	1.76	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
    Total interest-bearing consumer and commercial deposits	  	 	92,234	  	 	 	280	  	 	 	0.61	  	
  Brokered deposits	  	 	2,332	  	 	 	51	  	 	 	4.37	  	
  Foreign deposits	  	 	140	  	 	 	1	  	 	 	0.14	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
    Total interest-bearing deposits	  	 	94,706	  	 	 	332	  	 	 	0.71	  	
Funds purchased	  	 	1,057	  	 	 	-	  	 	 	0.15	  	
Securities sold under agreements to repurchase	  	 	2,283	  	 	 	2	  	 	 	0.15	  	
Interest-bearing trading liabilities	  	 	926	  	 	 	15	  	 	 	3.37	  	
Other short-term borrowings	  	 	2,847	  	 	 	6	  	 	 	0.40	  	
Long-term debt	  	 	13,785	  	 	 	237	  	 	 	3.47	  	
	  	 	 	 	 	 	 	 	 	 	 	 	
    Total interest-bearing liabilities	  	 	115,604	  	 	 	592	  	 	 	1.03	  	
Noninterest-bearing deposits	  	 	29,064	  	 				 				
Other liabilities	  	 	3,889	  	 				 				
Noninterest-bearing trading liabilities	  	 	1,934	  	 				 				
Shareholders’ equity	  	 	21,298	  	 				 				
	  	 	 	 	 				 				
Total liabilities and shareholders’ equity	  	 	$171,789	  	 				 				

Interest Rate Spread	  				 				 	 	3.32	% 	
	  				 	 	 	 	 	 	 	 	
Net Interest Income - FTE 1	  				 	 	$2,563	  	 				

Net Interest Margin 2	  				 				 	 	3.53	% 	

 	  	 	 	 	 	 	 	 	 	 	 	 	
1 The fully taxable-equivalent (“FTE”) basis adjusts for the tax-favored status of net interest income from certain loans and investments. The Company believes this measure to be the preferred industry measurement of net interest income and it enhances comparability of net interest income arising from taxable and tax-exempt sources.
2 The net interest margin is calculated by dividing net interest income - FTE by average total earning assets.
3 Average balances, interest income, and yields are presented using the new loan classifications as initially adopted in the Company’s 2010 Annual Report on Form 10-K.	    

 
Page 10

																																			
SunTrust Banks, Inc. and Subsidiaries
OTHER FINANCIAL DATA
(Dollars in millions) (Unaudited)	  

 	 	
 	  	Three Months Ended June 30	 	 	 	  	Six Months Ended June 30	 	
 	  	 	 	 	 	 	 	Increase/(Decrease)	 	 	 	  	 	 	 	 	 	 	Increase/(Decrease)	 	
 	  	    2011    	 	 	    2010    	 	 	 Amount 	 	 	      %      	 	 	 	  	    2011    	 	 	    2010    	 	 	Amount	 	 	      %      	 	
CREDIT DATA	  				 				 				 				 		  				 				 				 				
Allowance for credit losses - beginning	  	 	$2,908  	  	 	 	$3,276  	  	 	 	($368) 	  	 	 	(11)	  % 	 		  	 	$3,032  	  	 	 	$3,235  	  	 	 	($203)	  	 	 	(6)	  % 	
Provision/(benefit) for unfunded commitments	  	 	(3) 	  	 	 	(40) 	  	 	 	(37) 	  	 	 	(93)	  	 		  	 	(7) 	  	 	 	(55) 	  	 	 	(48)	  	 	 	(87)	  	
Provision for loan losses	  				 				 				 				 		  				 				 				 				
  Commercial	  	 	124  	  	 	 	270  	  	 	 	(146) 	  	 	 	(54)	  	 		  	 	232  	  	 	 	485  	  	 	 	(253)	  	 	 	(52)	  	
  Residential	  	 	252  	  	 	 	413  	  	 	 	(161) 	  	 	 	(39)	  	 		  	 	574  	  	 	 	1,014  	  	 	 	(440)	  	 	 	(43)	  	
  Consumer	  	 	19  	  	 	 	19  	  	 	 	-  	  	 	 	- 	  	 		  	 	40  	  	 	 	80  	  	 	 	(40)	  	 	 	(50)	  	
	  	 	 	 	 	 	 	 	 				 				 		  	 	 	 	 	 	 	 	 				 				
    Total provision for loan losses	  	 	395  	  	 	 	702  	  	 	 	(307) 	  	 	 	(44)	  	 		  	 	846  	  	 	 	1,579  	  	 	 	(733)	  	 	 	(46)	  	
	  	 	 	 	 	 	 	 	 				 				 		  	 	 	 	 	 	 	 	 				 				
Charge-offs	  				 				 				 				 		  				 				 				 				
  Commercial	  	 	(220) 	  	 	 	(251) 	  	 	 	(31) 	  	 	 	(12)	  	 		  	 	(405) 	  	 	 	(443) 	  	 	 	(38)	  	 	 	(9)	  	
  Residential	  	 	(303) 	  	 	 	(470) 	  	 	 	(167) 	  	 	 	(36)	  	 		  	 	(688) 	  	 	 	(1,078) 	  	 	 	(390)	  	 	 	(36)	  	
  Consumer	  	 	(40) 	  	 	 	(47) 	  	 	 	(7) 	  	 	 	(15)	  	 		  	 	(85) 	  	 	 	(109) 	  	 	 	(24)	  	 	 	(22)	  	
	  	 	 	 	 	 	 	 	 				 				 		  	 	 	 	 	 	 	 	 				 				
    Total charge-offs	  	 	(563) 	  	 	 	(768) 	  	 	 	(205) 	  	 	 	(27)	  	 		  	 	(1,178) 	  	 	 	(1,630) 	  	 	 	(452)	  	 	 	(28)	  	
	  	 	 	 	 	 	 	 	 				 				 		  	 	 	 	 	 	 	 	 				 				
Recoveries	  				 				 				 				 		  				 				 				 				
  Commercial	  	 	41  	  	 	 	29  	  	 	 	12  	  	 	 	41 	  	 		  	 	70  	  	 	 	52  	  	 	 	18 	  	 	 	35 	  	
  Residential	  	 	6  	  	 	 	5  	  	 	 	1  	  	 	 	20 	  	 		  	 	11  	  	 	 	10  	  	 	 	1 	  	 	 	10 	  	
  Consumer	  	 	11  	  	 	 	12  	  	 	 	(1) 	  	 	 	(8)	  	 		  	 	21  	  	 	 	25  	  	 	 	(4)	  	 	 	(16)	  	
	  	 	 	 	 	 	 	 	 				 				 		  	 	 	 	 	 	 	 	 				 				
    Total recoveries	  	 	58  	  	 	 	46  	  	 	 	12  	  	 	 	26 	  	 		  	 	102  	  	 	 	87  	  	 	 	15 	  	 	 	17 	  	
	  	 	 	 	 	 	 	 	 				 				 		  	 	 	 	 	 	 	 	 				 				
  Net charge-offs	  	 	(505) 	  	 	 	(722) 	  	 	 	(217) 	  	 	 	(30)	  	 		  	 	(1,076) 	  	 	 	(1,543) 	  	 	 	(467)	  	 	 	(30)	  	
	  	 	 	 	 	 	 	 	 				 				 		  	 	 	 	 	 	 	 	 				 				
Allowance for credit losses - ending	  	 	$2,795  	  	 	 	$3,216  	  	 	 	($421) 	  	 	 	(13)	  % 	 		  	 	$2,795  	  	 	 	$3,216  	  	 	 	($421)	  	 	 	(13)	  % 	

Components:	  				 				 				 				 		  				 				 				 				
  Allowance for loan and lease losses	  	 	$2,744  	  	 	 	$3,156  	  	 	 	($412) 	  	 	 	(13)	  % 	 		  				 				 				 				
  Unfunded commitments reserve	  	 	51  	  	 	 	60  	  	 	 	(9) 	  	 	 	(15)	  	 		  				 				 				 				
	  	 	 	 	 	 	 	 	 				 				 		  				 				 				 				
Allowance for credit losses	  	 	$2,795  	  	 	 	$3,216  	  	 	 	($421) 	  	 	 	(13)	  % 	 		  				 				 				 				

Net charge-offs to average loans (annualized) 1	  				 				 				 				 		  				 				 				 				
  Commercial	  	 	1.34  	  % 	 	 	1.61  	  % 	 	 	(0.27) 	  % 	 				 		  	 	1.26  	  % 	 	 	1.42  	  % 	 	 	(0.16)	  % 	 				
  Residential	  	 	2.65  	  	 	 	4.06  	  	 	 	(1.41) 	  	 				 		  	 	3.01  	  	 	 	4.66  	  	 	 	(1.65)	  	 				
  Consumer	  	 	0.71  	  	 	 	1.19  	  	 	 	(0.48) 	  	 				 		  	 	0.80  	  	 	 	1.43  	  	 	 	(0.63)	  	 				
	  	 	 	 	 	 	 	 	 				 				 		  	 	 	 	 	 	 	 	 				 				
Total net charge-offs to total average loans	  	 	1.76  	  % 	 	 	2.57  	  % 	 	 	(0.81) 	  % 	 				 		  	 	1.89  	  % 	 	 	2.74  	  % 	 	 	(0.85)	  % 	 				

Period Ended	  				 				 				 				 		  				 				 				 				
Nonaccrual/nonperforming loans	  				 				 				 				 		  				 				 				 				
  Commercial	  	 	$1,563  	  	 	 	$2,191  	  	 	 	($628) 	  	 	 	(29)	  % 	 		  				 				 				 				
  Residential	  	 	2,013  	  	 	 	2,473  	  	 	 	(460) 	  	 	 	(19)	  	 		  				 				 				 				
  Consumer	  	 	34  	  	 	 	35  	  	 	 	(1) 	  	 	 	(3)	  	 		  				 				 				 				
	  	 	 	 	 	 	 	 	 				 				 		  				 				 				 				
        Total nonaccrual/nonperforming loans	  	 	3,610  	  	 	 	4,699  	  	 	 	(1,089) 	  	 	 	(23)	  	 		  				 				 				 				
  Other real estate owned (“OREO”)	  	 	483  	  	 	 	700  	  	 	 	(217) 	  	 	 	(31)	  	 		  				 				 				 				
  Other repossessed assets	  	 	11  	  	 	 	64  	  	 	 	(53) 	  	 	 	(83)	  	 		  				 				 				 				
	  	 	 	 	 	 	 	 	 				 				 		  				 				 				 				
Total nonperforming assets	  	 	$4,104  	  	 	 	$5,463  	  	 	 	($1,359) 	  	 	 	(25)	  % 	 		  				 				 				 				

Accruing restructured loans	  	 	$2,719  	  	 	 	$2,269  	  	 	 	$450  	  	 	 	20	  % 	 		  				 				 				 				
Nonaccruing restructured loans	  	 	923  	  	 	 	986  	  	 	 	(63) 	  	 	 	(6)	  	 		  				 				 				 				
Accruing loans past due > 90 days (guaranteed)	  	 	1,567  	  	 	 	1,223  	  	 	 	344  	  	 	 	28 	  	 		  				 				 				 				
Accruing loans past due > 90 days (non-guaranteed)	  	 	69  	  	 	 	153  	  	 	 	(84) 	  	 	 	(55)	  	 		  				 				 				 				
										
Total nonperforming loans to total loans	  	 	3.14  	  % 	 	 	4.16  	  % 	 	 	(1.02) 	  % 	 	 	(25)	  % 	 		  				 				 				 				
Total nonperforming assets to total loans plus OREO, other repossessed assets, and nonperforming LHFS	  	 	3.56  	  	 	 	4.81  	  	 	 	(1.25) 	  	 	 	(26)	  	 		  				 				 				 				
Allowance to period-end loans 2,3	  	 	2.40  	  	 	 	2.81  	  	 	 	(0.41) 	  	 	 	(15)	  	 		  				 				 				 				
Allowance to nonperforming loans 2,3	  	 	76.57  	  	 	 	67.64  	  	 	 	8.93  	  	 	 	13 	  	 		  				 				 				 				
Allowance to annualized net charge-offs 2	  	 	1.35  	  x 	 	 	1.09  	  x 	 	 	0.26  	  x 	 	 	24 	  	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
1 Average loans under the new loan classifications in periods prior to the first quarter of 2011 were computed using monthly averages due to an inability to calculate daily averages for prior periods. The Company believes that monthly averages are representative of its operations and materially approximates daily averages.
 
2 This ratio is computed using the allowance for loan and lease losses.
 
3 Loans carried at fair value were excluded from the calculation.	   

  	
 
Page 11

																													
SunTrust Banks, Inc. and Subsidiaries
FIVE QUARTER OTHER FINANCIAL DATA
(Dollars in millions) (Unaudited)	  

 	 	
 	 	Three Months Ended	 	
 	 	  June 30,  	 	 	 March 31, 	 	 	 Increase/(Decrease) 	 	 	 December 31, 	 	 	 September 30, 	 	 	 June 30, 	 	
 	 	2011	 	 	 2011 	 	 	 Amount 	 	 	 % 	 	 	 2010 	 	 	 2010 	 	 	 2010 	 	
CREDIT DATA	 				 				 				 				 				 				 				
Allowance for credit losses - beginning	 	 	$2,908  	  	 	 	$3,032  	  	 	 	($124) 	  	 	 	(4) 	% 	 	 	$3,141  	  	 	 	$3,216  	  	 	 	$3,276  	  	
Provision/(benefit) for unfunded commitments	 	 	(3) 	  	 	 	(4) 	  	 	 	(1) 	  	 	 	(25) 	  	 	 	3  	  	 	 	(5) 	  	 	 	(40) 	  	
Provision for loan losses	 				 				 				 				 				 				 				
    Commercial	 	 	124  	  	 	 	108  	  	 	 	16  	  	 	 	15  	  	 	 	104  	  	 	 	186  	  	 	 	270  	  	
    Residential	 	 	252  	  	 	 	322  	  	 	 	(70) 	  	 	 	(22) 	  	 	 	379  	  	 	 	392  	  	 	 	413  	  	
    Consumer	 	 	19  	  	 	 	21  	  	 	 	(2) 	  	 	 	(10) 	  	 	 	26  	  	 	 	42  	  	 	 	19  	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
      Total provision for loan losses	 	 	395  	  	 	 	451  	  	 	 	(56) 	  	 	 	(12) 	  	 	 	509  	  	 	 	620	  	 	 	702  	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
Charge-offs	 				 				 				 				 				 				 				
    Commercial	 	 	(220) 	  	 	 	(185) 	  	 	 	35  	  	 	 	19  	  	 	 	(228) 	  	 	 	(251) 	  	 	 	(251) 	  	
    Residential	 	 	(303) 	  	 	 	(385) 	  	 	 	(82) 	  	 	 	(21) 	  	 	 	(390) 	  	 	 	(433) 	  	 	 	(470) 	  	
    Consumer	 	 	(40) 	  	 	 	(45) 	  	 	 	(5) 	  	 	 	(11) 	  	 	 	(45) 	  	 	 	(41) 	  	 	 	(47) 	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
      Total charge-offs	 	 	(563) 	  	 	 	(615) 	  	 	 	(52) 	  	 	 	(8) 	  	 	 	(663) 	  	 	 	(725) 	  	 	 	(768) 	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
Recoveries	 				 				 				 				 				 				 				
    Commercial	 	 	41  	  	 	 	29  	  	 	 	12  	  	 	 	41  	  	 	 	25  	  	 	 	20  	  	 	 	29  	  	
    Residential	 	 	6  	  	 	 	5  	  	 	 	1  	  	 	 	20  	  	 	 	7  	  	 	 	5  	  	 	 	5  	  	
    Consumer	 	 	11  	  	 	 	10  	  	 	 	1  	  	 	 	10  	  	 	 	10  	  	 	 	10  	  	 	 	12  	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
      Total recoveries	 	 	58  	  	 	 	44  	  	 	 	14  	  	 	 	32  	  	 	 	42  	  	 	 	35  	  	 	 	46  	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
    Net charge-offs	 	 	(505) 	  	 	 	(571) 	  	 	 	(66) 	  	 	 	(12) 	  	 	 	(621) 	  	 	 	(690) 	  	 	 	(722) 	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
Allowance for credit losses - ending	 	 	$2,795  	  	 	 	$2,908  	  	 	 	($113) 	  	 	 	(4) 	% 	 	 	$3,032  	  	 	 	$3,141  	  	 	 	$3,216  	  	

Components:	 				 				 				 				 				 				 				
    Allowance for loan and lease losses	 	 	$2,744  	  	 	 	$2,854  	  	 	 	($110) 	  	 	 	(4) 	% 	 	 	$2,974  	  	 	 	$3,086  	  	 	 	$3,156  	  	
    Unfunded commitments reserve	 	 	51  	  	 	 	54  	  	 	 	(3) 	  	 	 	(6) 	  	 	 	58  	  	 	 	55  	  	 	 	60  	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
Allowance for credit losses	 	 	$2,795  	  	 	 	$2,908  	  	 	 	($113) 	  	 	 	(4) 	% 	 	 	$3,032  	  	 	 	$3,141  	  	 	 	$3,216  	  	

Net charge-offs to average loans (annualized) 1	 				 				 				 				 				 				 				
    Commercial	 	 	1.34  	% 	 	 	1.19  	% 	 	 	0.15  	% 	 				 	 	1.50  	% 	 	 	1.70  	% 	 	 	1.61  	% 	
    Residential	 	 	2.65  	  	 	 	3.37  	  	 	 	(0.72) 	  	 				 	 	3.28  	  	 	 	3.68  	  	 	 	4.06  	  	
    Consumer	 	 	0.71  	  	 	 	0.89  	  	 	 	(0.18) 	  	 				 	 	0.93  	  	 	 	0.91  	  	 	 	1.19  	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
Total net charge-offs to total average loans	 	 	1.76  	% 	 	 	2.01  	% 	 	 	(0.25) 	% 	 				 	 	2.14  	% 	 	 	2.42  	% 	 	 	2.57  	% 	

Period Ended	 				 				 				 				 				 				 				
Nonaccrual/nonperforming loans	 				 				 				 				 				 				 				
    Commercial	 	 	$1,563  	  	 	 	$1,863  	  	 	 	($300) 	  	 	 	(16) 	% 	 	 	$1,887  	  	 	 	$2,058  	  	 	 	$2,191  	  	
    Residential	 	 	2,013  	  	 	 	2,076  	  	 	 	(63) 	  	 	 	(3) 	  	 	 	2,188  	  	 	 	2,273  	  	 	 	2,473  	  	
    Consumer	 	 	34  	  	 	 	32  	  	 	 	2  	  	 	 	6  	  	 	 	35  	  	 	 	42  	  	 	 	35  	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
          Total nonaccrual/nonperforming loans	 	 	3,610  	  	 	 	3,971  	  	 	 	(361) 	  	 	 	(9) 	  	 	 	4,110  	  	 	 	4,373  	  	 	 	4,699  	  	
    OREO	 	 	483  	  	 	 	534  	  	 	 	(51) 	  	 	 	(10) 	  	 	 	596  	  	 	 	645  	  	 	 	700  	  	
    Other repossessed assets	 	 	11  	  	 	 	16  	  	 	 	(5) 	  	 	 	(31) 	  	 	 	52  	  	 	 	51  	  	 	 	64  	  	
    Nonperforming LHFS	 	 	-  	  	 	 	47  	  	 	 	(47) 	  	 	 	(100) 	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
	 	 	 	 	 	 	 	 	 				 				 	 	 	 	 	 	 	 	 	 	 	 	
Total nonperforming assets	 	 	$4,104  	  	 	 	$4,568  	  	 	 	($464) 	  	 	 	(10) 	% 	 	 	$4,758  	  	 	 	$5,069  	  	 	 	$5,463  	  	

Accruing restructured loans	 	 	$2,719  	  	 	 	$2,643  	  	 	 	$76  	  	 	 	3  	% 	 	 	$2,613  	  	 	 	$2,516  	  	 	 	$2,269  	  	
Nonaccruing restructured loans	 	 	923  	  	 	 	976  	  	 	 	(53) 	  	 	 	(5) 	  	 	 	1,005  	  	 	 	988  	  	 	 	986  	  	
Accruing loans past due > 90 days (guaranteed)	 	 	1,567  	  	 	 	1,570  	  	 	 	(3) 	  	 	 	-  	  	 	 	1,481  	  	 	 	1,425  	  	 	 	1,223  	  	
Accruing loans past due > 90 days (non-guaranteed)	 	 	69  	  	 	 	88  	  	 	 	(19) 	  	 	 	(22) 	  	 	 	84  	  	 	 	155  	  	 	 	153  	  	
								
Total nonperforming loans to total loans	 	 	3.14  	% 	 	 	3.46  	% 	 	 	(0.32) 	% 	 	 	(9) 	% 	 	 	3.54  	% 	 	 	3.80  	% 	 	 	4.16  	% 	
Total nonperforming assets to total loans plus OREO,
    other repossessed assets, and nonperforming LHFS	 	 	3.56  	  	 	 	3.95  	  	 	 	(0.39) 	  	 	 	(10) 	  	 	 	4.08  	  	 	 	4.38  	  	 	 	4.81  	  	
Allowance to period-end loans 2,3	 	 	2.40  	  	 	 	2.49  	  	 	 	(0.09) 	  	 	 	(4) 	  	 	 	2.58  	  	 	 	2.69  	  	 	 	2.81  	  	
Allowance to nonperforming loans 2,3	 	 	76.57  	  	 	 	72.29  	  	 	 	4.28  	  	 	 	6  	  	 	 	72.86  	  	 	 	71.07  	  	 	 	67.64  	  	
Allowance to annualized net charge-offs 2	 	 	1.35  	x 	 	 	1.23  	x 	 	 	0.12  	x 	 	 	10  	  	 	 	1.21  	x 	 	 	1.13  	x 	 	 	1.09  	x 	
 
1 Average loans under the new loan classifications in periods prior to the first quarter of 2011 were computed using monthly averages due to an inability to calculate daily
averages for prior periods. The Company believes that monthly averages are representative of its operations and materially approximates daily averages.
2 This ratio is computed using the allowance for loan and lease losses.
3 Loans carried at fair value were excluded from the calculation.

 
Page 12

																																							
SunTrust Banks, Inc. and Subsidiaries
OTHER FINANCIAL DATA, continued
(Dollars in millions) (Unaudited)	  

 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
 	 	Three Months Ended June 30	 	 	 	  	Six Months Ended June 30	 	
 	 	  Core Deposit  
Intangibles	 	 	MSRs -
  Fair Value  	 	 	  Other  	 	 	  Total  	 	 		  	  Core Deposit  
Intangibles	 	 	MSRs -
  Amortized Cost  	 	 	MSRs -
  Fair Value  	 	 	      Other      	 	 	      Total      	 	
OTHER INTANGIBLE ASSET ROLLFORWARD	 				 				 				 				 		  				 				 				 				 				
Balance, beginning of period	 	 	$95 	  	 	 	$1,641 	  	 	 	$64 	  	 	 	$1,800 	  	 		  	 	$104 	  	 	 	$604 	  	 	 	$936 	  	 	 	$67 	  	 	 	$1,711 	  	
Designated at fair value (transfers from amortized cost)	 	 	- 	  	 	 	- 	  	 	 	- 	  	 	 	- 	  	 		  	 	- 	  	 	 	(604)	  	 	 	604 	  	 	 	- 	  	 	 	- 	  	
Amortization	 	 	(10)	  	 	 	- 	  	 	 	(4)	  	 	 	(14)	  	 		  	 	(19)	  	 	 	- 	  	 	 	- 	  	 	 	(7)	  	 	 	(26)	  	
Mortgage Servicing Rights (“MSRs”) originated	 	 	- 	  	 	 	68 	  	 	 	- 	  	 	 	68 	  	 		  	 	- 	  	 	 	- 	  	 	 	134 	  	 	 	- 	  	 	 	134 	  	
Fair value change due to fair value election	 	 	- 	  	 	 	- 	  	 	 	- 	  	 	 	- 	  	 		  	 	- 	  	 	 	- 	  	 	 	145 	  	 	 	- 	  	 	 	145 	  	
Fair value changes due to inputs and assumptions	 	 	- 	  	 	 	(357)	  	 	 	- 	  	 	 	(357)	  	 		  	 	- 	  	 	 	- 	  	 	 	(402)	  	 	 	- 	  	 	 	(402)	  	
Other changes in fair value	 	 	- 	  	 	 	(54)	  	 	 	- 	  	 	 	(54)	  	 		  	 	- 	  	 	 	- 	  	 	 	(119)	  	 	 	- 	  	 	 	(119)	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Balance, June 30, 2010	 	 	$85 	  	 	 	$1,298 	  	 	 	$60 	  	 	 	$1,443 	  	 		  	 	$85 	  	 	 	$- 	  	 	 	$1,298 	  	 	 	$60 	  	 	 	$1,443 	  	

Balance, beginning of period	 	 	$59 	  	 	 	$1,538 	  	 	 	$62 	  	 	 	$1,659 	  	 		  	 	$67 	  	 	 	$- 	  	 	 	$1,439 	  	 	 	$65 	  	 	 	$1,571 	  	
Amortization	 	 	(8)	  	 	 	- 	  	 	 	(4)	  	 	 	(12)	  	 		  	 	(16)	  	 	 	- 	  	 	 	- 	  	 	 	(7)	  	 	 	(23)	  	
MSRs originated	 	 	- 	  	 	 	47 	  	 	 	- 	  	 	 	47 	  	 		  	 	- 	  	 	 	- 	  	 	 	136 	  	 	 	- 	  	 	 	136 	  	
Sale of MSRs	 	 	- 	  	 	 	- 	  	 	 	- 	  	 	 	- 	  	 		  	 	- 	  	 	 	- 	  	 	 	(7)	  	 	 	- 	  	 	 	(7)	  	
Fair value changes due to inputs and assumptions	 	 	- 	  	 	 	(121)	  	 	 	- 	  	 	 	(121)	  	 		  	 	- 	  	 	 	- 	  	 	 	(51)	  	 	 	- 	  	 	 	(51)	  	
Other changes in fair value	 	 	- 	  	 	 	(41)	  	 	 	- 	  	 	 	(41)	  	 		  	 	- 	  	 	 	- 	  	 	 	(94)	  	 	 	- 	  	 	 	(94)	  	
Other	 	 	- 	  	 	 	- 	  	 	 	7	  	 	 	7 	  	 		  	 	- 	  	 	 	- 	  	 	 	- 	  	 	 	7 	  	 	 	7 	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 		  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Balance, June 30, 2011	 	 	$51 	  	 	 	$1,423 	  	 	 	$65 	  	 	 	$1,539 	  	 		  	 	$51 	  	 	 	$- 	  	 	 	$1,423 	  	 	 	$65 	  	 	 	$1,539 	  	

			
 	 	Three Months Ended	    	 	
 	 	        June 30        	 	 	      March 31      	 	 	    December 31    	 	 	    September 30    	 	 	        June 30        	    		
 	 	  2011  	 	 	  2011  	 	 	  2010  	 	 	  2010  	 	 	  2010  	    		
COMMON SHARE ROLLFORWARD (000’s)	 				 				 				 				 		    		
Balance, beginning of period	 	 	536,817  	  	 	 	500,436  	  	 	 	499,955  	  	 	 	499,929  	  	 	499,858  	    		
Common shares issued/exchanged for employee benefit plans, stock option, and restricted stock activity	 	 	90  	  	 	 	1,127  	  	 	 	481  	  	 	 	26  	  	 	71  	    		
Issuance of common stock - Capital Plan	 	 	-  	  	 	 	35,254  	  	 	 	-  	  	 	 	-  	  	 	-  	    		
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	    		
Balance, end of period	 	 	536,907 	  	 	 	536,817  	  	 	 	500,436  	  	 	 	499,955  	  	 	499,929  	    		

Page 13

																													
SunTrust Banks, Inc. and Subsidiaries
RECONCILEMENT OF NON-GAAP MEASURES
APPENDIX A TO THE EARNINGS RELEASE
(Dollars in millions, except per share data) (Unaudited)	 	 	 	 	
 	  	Three Months Ended	 	 	Six Months Ended	 	
 	  	    June 30    
2011	 	 	    March 31    
2011	 	 	    December 31    
2010	 	 	    September 30    
2010	 	 	    June 30    
2010	 	 	    June 30    
2011	 	 	    June 30    
2010	 	
NON-GAAP MEASURES PRESENTED IN THE EARNINGS RELEASE 8	  				 				 				 				 				 				 				
Total average assets	  	 	$170,527   	  	 	 	$173,066   	  	 	 	$174,768   	  	 	 	$171,999   	  	 	 	$171,273   	  	 	 	$171,789   	  	 	 	$171,351   	  	
Average net unrealized securities gains	  	 	(2,483)  	  	 	 	(2,294)  	  	 	 	(2,664)  	  	 	 	(2,395)  	  	 	 	(1,969)  	  	 	 	(2,389)  	  	 	 	(1,927)  	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Average assets less net unrealized securities gains	  	 	$168,044   	  	 	 	$170,772   	  	 	 	$172,104   	  	 	 	$169,604   	  	 	 	$169,304   	  	 	 	$169,400   	  	 	 	$169,424   	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total average common shareholders’ equity	  	 	$19,336   	  	 	 	$18,269   	  	 	 	$18,638   	  	 	 	$18,159   	  	 	 	$17,387   	  	 	 	$18,806   	  	 	 	$17,403   	  	
Average accumulated other comprehensive income	  	 	(1,575)  	  	 	 	(1,530)  	  	 	 	(2,055)  	  	 	 	(1,721)  	  	 	 	(998)  	  	 	 	(1,553)  	  	 	 	(944)   	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total average realized common shareholders’ equity	  	 	$17,761   	  	 	 	$16,739   	  	 	 	$16,583   	  	 	 	$16,438   	  	 	 	$16,389   	  	 	 	$17,253   	  	 	 	$16,459   	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Return on average total assets	  	 	0.42   	% 	 	 	0.42   	% 	 	 	0.42   	% 	 	 	0.35   	% 	 	 	0.03   	% 	 	 	0.42   	% 	 	 	(0.17)  	% 	
Impact of excluding net realized and unrealized securities (gains)/losses and The Coca-Cola Company stock dividend	  	 	(0.07)  	  	 	 	(0.12)  	  	 	 	(0.11)  	  	 	 	(0.12)  	  	 	 	(0.11)  	  	 	 	(0.09)  	  	 	 	(0.08)  	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Return on average total assets less net unrealized securities gains 1	  	 	0.35   	% 	 	 	0.30   	% 	 	 	0.31   	% 	 	 	0.23   	% 	 	 	(0.08)  	% 	 	 	0.33   	% 	 	 	(0.25)  	% 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Return on average common shareholders’ equity	  	 	3.61   	% 	 	 	0.84   	% 	 	 	2.44   	% 	 	 	1.83   	% 	 	 	(1.29)   	% 	 	 	2.28   	% 	 	 	(3.31)  	% 	
Impact of excluding net realized and unrealized securities (gains)/losses and The Coca-Cola Company stock dividend	  	 	(0.40)  	  	 	 	(1.19)  	  	 	 	(0.91)  	  	 	 	(1.13)  	  	 	 	(1.24)  	  	 	 	(0.79)  	  	 	 	(0.92)  	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Return on average realized common shareholders’ equity 2	  	 	3.21   	% 	 	 	(0.35)  	% 	 	 	1.53   	% 	 	 	0.70   	% 	 	 	(2.53)   	% 	 	 	1.49   	% 	 	 	(4.23)  	% 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Efficiency ratio 3	  	 	70.17   	% 	 	 	67.83   	% 	 	 	66.57   	% 	 	 	64.80   	% 	 	 	69.57   	% 	 	 	69.01   	% 	 	 	70.52   	% 	
Impact of excluding amortization of intangible assets	  	 	(0.53)  	  	 	 	(0.51)  	  	 	 	(0.50)  	  	 	 	(0.56)  	  	 	 	(0.61)  	  	 	 	(0.52)  	  	 	 	(0.65)  	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Tangible efficiency ratio 4	  	 	69.64   	% 	 	 	67.32   	% 	 	 	66.07   	% 	 	 	64.24   	% 	 	 	68.96   	% 	 	 	68.49   	% 	 	 	69.87   	% 	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total shareholders’ equity	  	 	$19,660   	  	 	 	$19,223   	  	 	 	$23,130   	  	 	 	$23,438   	  	 	 	$23,024   	  	 				 				
Goodwill, net of deferred taxes	  	 	(6,199)  	  	 	 	(6,185)  	  	 	 	(6,189)  	  	 	 	(6,192)  	  	 	 	(6,197)  	  	 				 				
Other intangible assets including MSRs, net of deferred taxes	  	 	(1,518)  	  	 	 	(1,635)  	  	 	 	(1,545)  	  	 	 	(1,174)  	  	 	 	(1,409)  	  	 				 				
MSRs	  	 	1,423   	  	 	 	1,538   	  	 	 	1,439   	  	 	 	1,072   	  	 	 	1,298     	  	 				 				
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				 				
Tangible equity	  	 	13,366   	  	 	 	12,941   	  	 	 	16,835   	  	 	 	17,144   	  	 	 	16,716   	  	 				 				
Preferred stock	  	 	(172)  	  	 	 	(172)  	  	 	 	(4,942)  	  	 	 	(4,936)  	  	 	 	(4,929)  	  	 				 				
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				 				
Tangible common equity	  	 	$13,194   	  	 	 	$12,769   	  	 	 	$11,893   	  	 	 	$12,208   	  	 	 	$11,787   	  	 				 				
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				 				
Total assets	  	 	$172,173   	  	 	 	$170,794   	  	 	 	$172,874   	  	 	 	$174,703   	  	 	 	$170,668   	  	 				 				
Goodwill	  	 	(6,343)  	  	 	 	(6,324)  	  	 	 	(6,323)  	  	 	 	(6,323)  	  	 	 	(6,323)  	  	 				 				
Other intangible assets including MSRs	  	 	(1,539)  	  	 	 	(1,659)  	  	 	 	(1,571)  	  	 	 	(1,204)  	  	 	 	(1,443)  	  	 				 				
MSRs	  	 	1,423   	  	 	 	1,538   	  	 	 	1,439   	  	 	 	1,072   	  	 	 	1,298   	  	 				 				
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 				 				
Tangible assets	  	 	$165,714   	  	 	 	$164,349   	  	 	 	$166,419   	  	 	 	$168,248   	  	 	 	$164,200   	  	 				 				

Tangible equity to tangible assets 5	  	 	8.07   	% 	 	 	7.87   	% 	 	 	10.12   	% 	 	 	10.19   	% 	 	 	10.18   	% 	 				 				
Tangible book value per common share 6	  	 	$24.57   	  	 	 	$23.79   	  	 	 	$23.76   	  	 	 	$24.42   	  	 	 	$23.58   	  	 				 				
								
Net interest income	  	 	$1,259   	  	 	 	$1,249   	  	 	 	$1,266   	  	 	 	$1,238   	  	 	 	$1,178   	  	 	 	$2,508   	  	 	 	$2,350   	  	
Taxable-equivalent adjustment	  	 	27   	  	 	 	28   	  	 	 	28   	  	 	 	28   	  	 	 	30   	  	 	 	55   	  	 	 	60   	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net interest income - FTE	  	 	1,286   	  	 	 	1,277   	  	 	 	1,294   	  	 	 	1,266   	  	 	 	1,208   	  	 	 	2,563   	  	 	 	2,410   	  	
Noninterest income	  	 	912   	  	 	 	883   	  	 	 	1,032   	  	 	 	1,047   	  	 	 	952   	  	 	 	1,795   	  	 	 	1,650   	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenue - FTE	  	 	2,198   	  	 	 	2,160   	  	 	 	2,326   	  	 	 	2,313   	  	 	 	2,160   	  	 	 	4,358   	  	 	 	4,060   	  	
Securities gains, net	  	 	(32)  	  	 	 	(64)  	  	 	 	(64)  	  	 	 	(69)  	  	 	 	(57)  	  	 	 	(96)  	  	 	 	(58)  	  	
	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total revenue - FTE excluding net securities gains 7	  	 	$2,166   	  	 	 	$2,096   	  	 	 	$2,262   	  	 	 	$2,244   	  	 	 	$2,103   	  	 	 	$4,262   	  	 	 	$4,002   	  	

 
1 SunTrust presents a return on average assets less net unrealized gains on securities. The foregoing numbers primarily reflect adjustments to remove the effects of the securities portfolio which includes the ownership by the Company of common shares of The Coca-Cola Company. The Company uses this information internally to gauge its actual performance in the industry. The Company believes that the return on average assets less the net unrealized securities gains is more indicative of the Company’s return on assets because it more accurately reflects the return on the assets that are related to the Company’s core businesses which are primarily client relationship and client transaction driven. The return on average assets less net unrealized gains on securities is computed by dividing annualized net income/(loss), excluding securities (gains)/losses and The Coca-Cola Company stock dividend, net of tax, by average assets less net unrealized securities (gains)/losses.
2 SunTrust believes that the return on average realized common shareholders’ equity is more indicative of the Company’s return on equity because the excluded equity relates primarily to the holding of a specific security. The return on average realized common shareholders’ equity is computed by dividing annualized net income/(loss) available to common shareholders, excluding securities (gains)/losses and The Coca-Cola Company stock dividend, net of tax, by average realized common shareholders’ equity.
3 Computed by dividing noninterest expense by total revenue - FTE. The FTE basis adjusts for the tax-favored status of net interest income from certain loans and investments. The Company believes this measure to be the preferred industry measurement of net interest income and it enhances comparability of net interest income arising from taxable and tax-exempt sources.
4 SunTrust presents a tangible efficiency ratio which excludes the amortization of intangible assets other than MSRs. The Company believes this measure is useful to investors because, by removing the effect of these intangible asset costs (the level of which may vary from company to company), it allows investors to more easily compare the Company’s efficiency to other companies in the industry. This measure is utilized by management to assess the efficiency of the Company and its lines of business.
5 SunTrust presents a tangible equity to tangible assets ratio that excludes the after-tax impact of purchase accounting intangible assets. The Company believes this measure is useful to investors because, by removing the effect of intangible assets that result from merger and acquisition activity (the level of which may vary from company to company), it allows investors to more easily compare the Company’s capital adequacy to other companies in the industry. This measure is used by management to analyze capital adequacy.
6 SunTrust presents a tangible book value per common share that excludes the after-tax impact of purchase accounting intangible assets and also excludes preferred stock from tangible equity. The Company believes this measure is useful to investors because, by removing the effect of intangible assets that result from merger and acquisition activity as well as preferred stock (the level of which may vary from company to company), it allows investors to more easily compare the Company’s book value on common stock to other companies in the industry.
7 SunTrust presents total revenue - FTE excluding net securities gains. The Company believes noninterest income without net securities gains is more indicative of the Company’s performance because it isolates income that is primarily client relationship and client transaction driven and is more indicative of normalized operations.
8 Certain amounts in this schedule are presented net of applicable income taxes, which are calculated based on each subsidiary’s federal and state tax rates and laws. In general, the federal marginal tax rate is 35%, but the state marginal tax rates range from 1% to 8% in accordance with the subsidiary’s income tax filing requirements with various tax authorities. In addition, the effective tax rate may differ from the federal and state marginal tax rates in certain cases where a permanent difference exists.
 
Page 14

																													
SunTrust Banks, Inc. and Subsidiaries
RECONCILEMENT OF NON-GAAP MEASURES
APPENDIX A TO THE EARNINGS RELEASE, continued
(Dollars in millions, except per share data) (Unaudited)	 	 	 	 	
 	 	Three Months Ended	 	 	Six Months Ended	 	
 	 	    June 30    
2011	 	 	    March 31    
2011	 	 	  December 31 
2010	 	 	 September 30 
2010 	 	 	    June 30    
2010	 	 	    June 30    
2011	 	 	    June 30    
2010	 	
NON-GAAP MEASURES PRESENTED IN THE EARNINGS RELEASE 1 	 				 				 				 				 				 				 				
Net income/(loss)	 	 	$178 	  	 	 	$180 	  	 	 	$185 	  	 	 	$153 	  	 	 	$12 	  	 	 	$358 	  	 	 	($149)	  	
Preferred dividends, Series A	 	 	(2)	  	 	 	(2)	  	 	 	(2)	  	 	 	(2)	  	 	 	(2)	  	 	 	(4)	  	 	 	(4)	  	
U.S. Treasury preferred dividends and accretion of discount	 	 	- 	  	 	 	(66)	  	 	 	(67)	  	 	 	(67)	  	 	 	(66)	  	 	 	(66)	  	 	 	(132)	  	
Accelerated accretion associated with repurchase of preferred stock issued to the U.S. Treasury	 	 	- 	  	 	 	(74)	  	 	 	- 	  	 	 	- 	  	 	 	- 	  	 	 	(74)	  	 	 	- 	  	
Dividends and undistributed earnings allocated to unvested shares	 	 	(2)	  	 	 	- 	  	 	 	(2)	  	 	 	- 	  	 	 	- 	  	 	 	(2)	  	 	 	- 	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net income/(loss) available to common shareholders	 	 	174 	  	 	 	38 	  	 	 	114 	  	 	 	84 	  	 	 	(56)	  	 	 	212 	  	 	 	(285)	  	
Securities gains, net of tax	 	 	(20)	  	 	 	(40)	  	 	 	(39)	  	 	 	(43)	  	 	 	(35)	  	 	 	(60)	  	 	 	(36)	  	
The Coca-Cola Company stock dividend, net of tax	 	 	(13)	  	 	 	(13)	  	 	 	(12)	  	 	 	(12)	  	 	 	(12)	  	 	 	(25)	  	 	 	(24)	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net income/(loss) available to common shareholders excluding securities gains and The Coca-Cola Company stock dividend, net of tax	 	 	$141 	  	 	 	($15)	  	 	 	$63 	  	 	 	$29 	  	 	 	($103)	  	 	 	$127 	  	 	 	($345)	  	

Net income/(loss) excluding securities gains and The Coca-Cola Company stock dividend, net of tax	 	 	$145 	  	 	 	$127 	  	 	 	$134 	  	 	 	$98 	  	 	 	($35)	  	 	 	$273 	  	 	 	($209)	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net income/(loss) available to common shareholders	 	 	$174 	  	 	 	$38 	  	 	 	$114 	  	 	 	$84 	  	 	 	($56)	  	 	 	$212 	  	 	 	($285)	  	
								
Accelerated accretion associated with repurchase of preferred stock issued to the U.S. Treasury	 	 	- 	  	 	 	74 	  	 	 	- 	  	 	 	- 	  	 	 	- 	  	 	 	74 	  	 	 	- 	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net income/(loss) available to common shareholders excluding accelerated accretion associated with repurchase of preferred stock issued to the U.S. Treasury	 	 	$174 	  	 	 	$112 	  	 	 	$114 	  	 	 	$84 	  	 	 	($56)	  	 	 	$286 	  	 	 	($285)	  	

Net income/(loss) per average common share - diluted	 	 	$0.33 	  	 	 	$0.08 	  	 	 	$0.23 	  	 	 	$0.17 	  	 	 	($0.11)	  	 	 	$0.41 	  	 	 	($0.58)	  	
Effect of accelerated accretion associated with repurchase of preferred stock issued to the U.S. Treasury	 	 	- 	  	 	 	0.14 	  	 	 	- 	  	 	 	- 	  	 	 	- 	  	 	 	0.14 	  	 	 	- 	  	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Net income/(loss) per average common share - diluted, excluding effect of accelerated accretion associated with repurchase of preferred stock issued to the U.S. Treasury	 	 	$0.33 	  	 	 	$0.22 	  	 	 	$0.23 	  	 	 	$0.17 	  	 	 	($0.11)	  	 	 	$0.55 	  	 	 	($0.58)	  	

 
1 Certain amounts in this schedule are presented net of applicable income taxes, which are calculated based on each subsidiary’s federal and state tax rates and laws. In general, the federal marginal tax rate is 35%, but the state marginal tax rates range from 1% to 8% in accordance with the subsidiary’s income tax filing requirements with various tax authorities. In addition, the effective tax rate may differ from the federal and state marginal tax rates in certain cases where a permanent difference exists.
 
Page 15

																									
SunTrust Banks, Inc. and Subsidiaries
RETAIL BANKING LINE OF BUSINESS
(Dollars in millions)    (Unaudited)	  

 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
 	  	Three Months Ended June 30	 	 	Six Months Ended June 30	 	
 	  	    2011    	 	 	    2010    	 	 	  % Change  	 	 	    2011    	 	 	    2010    	 	 	  % Change 3    	 	
							
Statements of Income	  				 				 				 				 				 				
							
    Net interest income  1	  	 	$632  	  	 	 	$629  	  	 	 	- 	  % 	 	 	$1,258  	  	 	 	$1,239  	  	 	 	2 	  % 	
    FTE adjustment	  	 	-  	  	 	 	-  	  	 	 	- 	  	 	 	-  	  	 	 	-  	  	 	 	- 	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Net interest income - FTE	  	 	632   	  	 	 	629  	  	 	 	- 	  	 	 	1,258  	  	 	 	1,239  	  	 	 	2 	  	
    Provision for credit losses  2	  	 	197   	  	 	 	251  	  	 	 	(22)	  	 	 	413  	  	 	 	535  	  	 	 	(23)	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Net interest income - FTE - after provision for credit losses	  	 	435   	  	 	 	378  	  	 	 	15 	  	 	 	845  	  	 	 	704  	  	 	 	20 	  	

    Noninterest income before securities gains/(losses)	  	 	280  	  	 	 	302  	  	 	 	(7)	  	 	 	544  	  	 	 	578  	  	 	 	(6)	  	
    Securities gains/(losses), net	  	 	-  	  	 	 	-  	  	 	 	- 	  	 	 	-  	  	 	 	-  	  	 	 	- 	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
        Total noninterest income	  	 	280  	  	 	 	302  	  	 	 	(7)	  	 	 	544  	  	 	 	578  	  	 	 	(6)	  	

    Noninterest expense before amortization of intangible assets	  	 	645  	  	 	 	610  	  	 	 	6 	  	 	 	1,266  	  	 	 	1,206  	  	 	 	5 	  	
    Amortization of intangible assets	  	 	8  	  	 	 	10  	  	 	 	(20)	  	 	 	16  	  	 	 	20  	  	 	 	(20)	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
        Total noninterest expense	  	 	653  	  	 	 	620  	  	 	 	5 	  	 	 	1,282  	  	 	 	1,226  	  	 	 	5 	  	

    Income before provision for income taxes	  	 	62  	  	 	 	60  	  	 	 	3 	  	 	 	107  	  	 	 	56  	  	 	 	91 	  	
    Provision for income taxes	  	 	23  	  	 	 	21  	  	 	 	10 	  	 	 	39  	  	 	 	19  	  	 	 	NM 	  	
    FTE adjustment	  	 	-  	  	 	 	-  	  	 	 	- 	  	 	 	-  	  	 	 	-  	  	 	 	- 	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Net income including income attributable to noncontrolling interest	  	 	39  	  	 	 	39  	  	 	 	- 	  	 	 	68  	  	 	 	37  	  	 	 	84 	  	
    Less: net income attributable to noncontrolling interest	  	 	-  	  	 	 	-  	  	 	 	- 	  	 	 	-  	  	 	 	-  	  	 	 	- 	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Net income	  	 	$39  	  	 	 	$39  	  	 	 	- 	  	 	 	$68  	  	 	 	$37  	  	 	 	84 	  	

    Total revenue - FTE	  	 	$912  	  	 	 	$931  	  	 	 	(2)	  	 	 	$1,802  	  	 	 	$1,817  	  	 	 	(1)	  	
							
Selected Average Balances	  				 				 				 				 				 				
							
    Total loans	  	 	$35,021  	  	 	 	$32,740  	  	 	 	7	   % 	 	 	$35,176  	  	 	 	$32,689  	  	 	 	8  	  % 	
    Goodwill	  	 	4,854  	  	 	 	4,854  	  	 	 	- 	  	 	 	4,854  	  	 	 	4,854  	  	 	 	- 	  	
    Other intangible assets excluding MSRs	  	 	61  	  	 	 	98  	  	 	 	(38)	  	 	 	65  	  	 	 	103  	  	 	 	(37)	  	
    Total assets	  	 	40,458  	  	 	 	38,548  	  	 	 	5 	  	 	 	40,595  	  	 	 	38,611  	  	 	 	5 	  	
    Consumer and commercial deposits	  	 	77,372  	  	 	 	75,502  	  	 	 	2 	  	 	 	76,640  	  	 	 	74,681  	  	 	 	3 	  	
							
Performance Ratios	  				 				 				 				 				 				
							
    Efficiency ratio	  	 	71.58  	  % 	 	 	66.68  	  % 	 				 	 	71.18  	  % 	 	 	67.45  	  % 	 				
    Impact of excluding amortization of intangible assets	  	 	(4.66) 	  	 	 	(4.90) 	  	 				 	 	(4.73) 	  	 	 	(5.06) 	  	 				
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Tangible efficiency ratio	  	 	66.92  	  % 	 	 	61.78  	  % 	 				 	 	66.45  	  % 	 	 	62.39  	  % 	 				

 
1 Net interest income does not include the funding benefit that would result from holding shareholders’ equity at the line of business level due to the fact that shareholder’s
    equity is not allocated to the lines of business at this time.
2 Provision for credit losses represents net charge-offs for the lines of business.
3 “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.
 
Page 16

																									
SunTrust Banks, Inc. and Subsidiaries
DIVERSIFIED COMMERCIAL BANKING LINE OF BUSINESS
(Dollars in millions)    (Unaudited)	  

 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
 	  	Three Months Ended June 30	 	 	Six Months Ended June 30	 	
 	  	      2011      	 	 	      2010      	 	 	% Change 3	 	 	      2011      	 	 	      2010      	 	 	% Change 3	 	
Statements of Income	  				 				 				 				 				 				
							
    Net interest income 1	  	 	$148  	  	 	 	$133  	  	 	 	11  	% 	 	 	$294  	  	 	 	$262  	  	 	 	12  	% 	
    FTE adjustment	  	 	25  	  	 	 	27  	  	 	 	(7) 	  	 	 	50  	  	 	 	54  	  	 	 	(7) 	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Net interest income - FTE	  	 	173  	  	 	 	160  	  	 	 	8  	  	 	 	344  	  	 	 	316  	  	 	 	9  	  	
    Provision for credit losses 2	  	 	30  	  	 	 	41  	  	 	 	(27) 	  	 	 	38  	  	 	 	64  	  	 	 	(41) 	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Net interest income - FTE - after provision for credit losses	  	 	143  	  	 	 	119  	  	 	 	20  	  	 	 	306  	  	 	 	252  	  	 	 	21  	  	

    Noninterest income before securities/(losses) gains	  	 	65  	  	 	 	57  	  	 	 	14  	  	 	 	122  	  	 	 	109  	  	 	 	12  	  	
    Securities gains/(losses), net	  	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
        Total noninterest income	  	 	65  	  	 	 	57  	  	 	 	14  	  	 	 	122  	  	 	 	109  	  	 	 	12  	  	

    Noninterest expense before amortization of intangible assets	  	 	120  	  	 	 	112  	  	 	 	7  	  	 	 	235  	  	 	 	228  	  	 	 	3  	  	
    Amortization of intangible assets	  	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
        Total noninterest expense	  	 	120  	  	 	 	112  	  	 	 	7  	  	 	 	235  	  	 	 	228  	  	 	 	3  	  	

    Income - FTE - before provision/(benefit) for income taxes	  	 	88  	  	 	 	64  	  	 	 	38  	  	 	 	193  	  	 	 	133  	  	 	 	45  	  	
    Provision/(benefit) for income taxes	  	 	7  	  	 	 	(3) 	  	 	 	NM  	  	 	 	21  	  	 	 	(6) 	  	 	 	NM  	  	
    FTE adjustment	  	 	25  	  	 	 	27  	  	 	 	(7)  	  	 	 	50  	  	 	 	54  	  	 	 	(7) 	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Net income including income attributable to noncontrolling interest	  	 	56  	  	 	 	40  	  	 	 	40  	  	 	 	122  	  	 	 	85  	  	 	 	44  	  	
    Less: net income attributable to noncontrolling interest	  	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Net income	  	 	$56  	  	 	 	$40  	  	 	 	40  	  	 	 	$122  	  	 	 	$85  	  	 	 	44  	  	

    Total revenue - FTE	  	 	$238  	  	 	 	$217  	  	 	 	10  	  	 	 	$466  	  	 	 	$425  	  	 	 	10  	  	
							
Selected Average Balances	  				 				 				 				 				 				
							
    Total loans	  	 	$22,649  	  	 	 	$22,457  	  	 	 	1  	% 	 	 	$22,585  	  	 	 	$22,596  	  	 	 	-  	% 	
    Goodwill	  	 	928  	  	 	 	927  	  	 	 	-  	  	 	 	928  	  	 	 	928  	  	 	 	-  	  	
    Other intangible assets excluding MSRs	  	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
    Total assets	  	 	24,771  	  	 	 	24,753  	  	 	 	-  	  	 	 	24,714  	  	 	 	24,945  	  	 	 	(1) 	  	
    Consumer and commercial deposits	  	 	18,955  	  	 	 	18,162  	  	 	 	4  	  	 	 	19,064  	  	 	 	18,731  	  	 	 	2  	  	
							
Performance Ratios	  				 				 				 				 				 				
							
    Efficiency ratio	  	 	50.59  	% 	 	 	51.79  	% 	 				 	 	50.39  	% 	 	 	53.67  	% 	 				
    Impact of excluding amortization of intangible assets	  	 	(1.98) 	  	 	 	(2.45) 	  	 				 	 	(2.04) 	  	 	 	(2.59) 	  	 				
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Tangible efficiency ratio	  	 	48.61  	% 	 	 	49.34  	% 	 				 	 	48.35  	% 	 	 	51.08  	% 	 				

 
1 Net interest income does not include the funding benefit that would result from holding shareholders’ equity at the line of business level due to the fact that shareholder’s equity is not allocated to the lines of business at this time.
2 Provision for credit losses represents net charge-offs for the lines of business.
3 “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.
 
Page 17

																									
SunTrust Banks, Inc. and Subsidiaries
COMMERCIAL REAL ESTATE LINE OF BUSINESS
(Dollars in millions)     (Unaudited)	 	
 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
 	  	Three Months Ended June 30	 	 	Six Months Ended June 30	 	
 	  	    2011    	 	 	    2010    	 	 	    % Change    	 	 	    2011    	 	 	    2010    	 	 	    % Change    	 	
Statements of Income	  				 				 				 				 				 				
							
    Net interest income 1	  	 	$36 	  	 	 	$43 	  	 	 	(16)	 % 	 	 	$71 	  	 	 	$85 	  	 	 	(16)	 % 	
    FTE adjustment	  	 	-  	  	 	 	-  	  	 	 	- 	  	 	 	1 	  	 	 	-  	  	 	 	100 	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Net interest income - FTE	  	 	36 	  	 	 	43 	  	 	 	(16)	  	 	 	72 	  	 	 	85 	  	 	 	(15)	  	
    Provision for credit losses 2	  	 	112 	  	 	 	118 	  	 	 	(5)	  	 	 	219 	  	 	 	188 	  	 	 	16 	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Net interest income - FTE - after provision for credit losses	  	 	(76)	  	 	 	(75)	  	 	 	1 	  	 	 	(147)	  	 	 	(103)	  	 	 	43 	  	

    Noninterest income before securities gains/(losses)	  	 	22 	  	 	 	19 	  	 	 	16 	  	 	 	48 	  	 	 	40 	  	 	 	20 	  	
    Securities gains/(losses), net	  	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
        Total noninterest income	  	 	22 	  	 	 	19 	  	 	 	16 	  	 	 	48 	  	 	 	40 	  	 	 	20 	  	

    Noninterest expense before amortization of intangible assets	  	 	109 	  	 	 	114 	  	 	 	(4)	  	 	 	217 	  	 	 	203 	  	 	 	7 	  	
    Amortization of intangible assets	  	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
        Total noninterest expense	  	 	109 	  	 	 	114 	  	 	 	(4)	  	 	 	217 	  	 	 	203 	  	 	 	7 	  	

    Loss - FTE - before benefit for income taxes	  	 	(163)	  	 	 	(170)	  	 	 	(4)	  	 	 	(316)	  	 	 	(266)	  	 	 	19 	  	
    Benefit for income taxes	  	 	(81)	  	 	 	(84)	  	 	 	(4)	  	 	 	(158)	  	 	 	(139)	  	 	 	14 	  	
    FTE adjustment	  	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	1 	  	 	 	-  	  	 	 	100 	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Loss including income attributable to noncontrolling interest	  	 	(82)	  	 	 	(86)	  	 	 	(5)	  	 	 	(159)	  	 	 	(127)	  	 	 	25 	  	
    Less: net income attributable to noncontrolling interest	  	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Net loss	  	 	($82)	  	 	 	($86)	  	 	 	(5)	  	 	 	($159)	  	 	 	($127)	  	 	 	25 	  	

    Total revenue - FTE	  	 	$58 	  	 	 	$62 	  	 	 	(6)	  	 	 	$120 	  	 	 	$125 	  	 	 	(4)	  	
							
Selected Average Balances	  				 				 				 				 				 				
							
    Total loans	  	 	$7,354 	  	 	 	$10,185 	  	 	 	(28)	 % 	 	 	$7,654 	  	 	 	$10,501 	  	 	 	(27)	 % 	
    Goodwill	  	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
    Other intangible assets excluding MSRs	  	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
    Total assets	  	 	8,262 	  	 	 	11,255 	  	 	 	(27)	  	 	 	8,580 	  	 	 	11,582 	  	 	 	(26)	  	
    Consumer and commercial deposits	  	 	1,520 	  	 	 	1,609 	  	 	 	(6)	  	 	 	1,475 	  	 	 	1,679 	  	 	 	(12)	  	
							
Performance Ratios	  				 				 				 				 				 				
							
    Efficiency ratio	  	 	186.50  	%  	 	 	185.37 	% 	 				 	 	180.31  	%  	 	 	162.21 	% 	 				
    Impact of excluding amortization of intangible assets	  	 	-  	  	 	 	-  	  	 				 	 	-  	  	 	 	-  	  	 				
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Tangible efficiency ratio	  	 	186.50  	%  	 	 	185.37 	% 	 				 	 	180.31   	%  	 	 	162.21 	% 	 				

 
1 Net interest income does not include the funding benefit that would result from holding shareholders’ equity at the line of business level due to the fact that shareholder’s   equity is not allocated to the lines of business at this time.
2 Provision for credit losses represents net charge-offs for the lines of business.
 
Page 18

																									
SunTrust Banks, Inc. and Subsidiaries
CORPORATE AND INVESTMENT BANKING LINE OF BUSINESS
(Dollars in millions)      (Unaudited)	  

 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
 	  	Three Months Ended June 30	 	 	Six Months Ended June 30	 	
 	  	      2011      	 	 	      2010      	 	 	% Change	 	 	      2011      	 	 	      2010      	 	 	% Change	 	
							
Statements of Income	  				 				 				 				 				 				
							
    Net interest income 1	  	 	$120  	  	 	 	$93  	  	 	 	29  	% 	 	 	$237  	  	 	 	$177  	  	 	 	34  	% 	
    FTE adjustment	  	 	1  	  	 	 	-  	  	 	 	100  	  	 	 	1  	  	 	 	1  	  	 	 	-  	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Net interest income - FTE	  	 	121  	  	 	 	93  	  	 	 	30  	  	 	 	238  	  	 	 	178  	  	 	 	34  	  	
    Provision for credit losses 2	  	 	3  	  	 	 	7  	  	 	 	(57) 	  	 	 	3  	  	 	 	36  	  	 	 	(92) 	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Net interest income - FTE - after provision for credit losses	  	 	118  	  	 	 	86  	  	 	 	37  	  	 	 	235  	  	 	 	142  	  	 	 	65  	  	

    Noninterest income before securities gains/(losses)	  	 	193  	  	 	 	142  	  	 	 	36  	  	 	 	370  	  	 	 	255  	  	 	 	45  	  	
    Securities gains/(losses), net	  	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
        Total noninterest income	  	 	193  	  	 	 	142  	  	 	 	36  	  	 	 	370  	  	 	 	255  	  	 	 	45  	  	

    Noninterest expense before amortization of intangible assets	  	 	148  	  	 	 	122  	  	 	 	21  	  	 	 	295  	  	 	 	232  	  	 	 	27  	  	
    Amortization of intangible assets	  	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
        Total noninterest expense	  	 	148  	  	 	 	122  	  	 	 	21  	  	 	 	295  	  	 	 	232  	  	 	 	27  	  	

    Income - FTE - before provision for income taxes	  	 	163  	  	 	 	106  	  	 	 	54  	  	 	 	310  	  	 	 	165  	  	 	 	88  	  	
    Provision for income taxes	  	 	59  	  	 	 	39  	  	 	 	51  	  	 	 	113  	  	 	 	60  	  	 	 	88  	  	
    FTE adjustment	  	 	1  	  	 	 	-  	  	 	 	100  	  	 	 	1  	  	 	 	1  	  	 	 	-  	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Net income including income attributable to noncontrolling interest	  	 	103  	  	 	 	67  	  	 	 	54  	  	 	 	196  	  	 	 	104  	  	 	 	88  	  	
    Less: net income attributable to noncontrolling interest	  	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Net income	  	 	$103  	  	 	 	$67  	  	 	 	54  	  	 	 	$196  	  	 	 	$104  	  	 	 	88  	  	

    Total revenue - FTE	  	 	$314  	  	 	 	$235  	  	 	 	34  	  	 	 	$608  	  	 	 	$433  	  	 	 	40  	  	
							
Selected Average Balances	  				 				 				 				 				 				
							
    Total loans	  	 	$13,338  	  	 	 	$10,762  	  	 	 	24  	% 	 	 	$12,783  	  	 	 	$10,871  	  	 	 	18  	% 	
    Goodwill	  	 	180  	  	 	 	180  	  	 	 	-  	  	 	 	180  	  	 	 	180  	  	 	 	-  	  	
    Other intangible assets excluding MSRs	  	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
    Total assets	  	 	23,120  	  	 	 	19,557  	  	 	 	18  	  	 	 	22,288  	  	 	 	19,212  	  	 	 	16  	  	
    Consumer and commercial deposits	  	 	8,241  	  	 	 	6,663  	  	 	 	24  	  	 	 	8,110  	  	 	 	6,334  	  	 	 	28  	  	
							
Performance Ratios	  				 				 				 				 				 				
							
    Efficiency ratio	  	 	47.09  	% 	 	 	51.78  	% 	 				 	 	48.48  	% 	 	 	53.61  	% 	 				
    Impact of excluding amortization of intangible assets	  	 	(0.28) 	  	 	 	(0.46) 	  	 				 	 	(0.30) 	  	 	 	(0.52) 	  	 				
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Tangible efficiency ratio	  	 	46.81  	% 	 	 	51.32  	% 	 				 	 	48.18  	% 	 	 	53.09  	% 	 				

 
1 Net interest income does not include the funding benefit that would result from holding shareholders’ equity at the line of business level due to the fact that shareholder’s equity is not allocated to the lines of business at this time.
2 Provision for credit losses represents net charge-offs for the lines of business.
 
Page 19

																									
SunTrust Banks, Inc. and Subsidiaries
MORTGAGE LINE OF BUSINESS
(Dollars in millions)    (Unaudited)	 	
 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
 	 	Three Months Ended June 30	 	 	Six Months Ended June 30	 	
 	 	    2011    	 	 	    2010    	 	 	    % Change    	 	 	    2011    	 	 	    2010    	 	 	    % Change    	 	
							
Statements of Income	 				 				 				 				 				 				
							
Net interest income 1	 	 	$116  	  	 	 	$106  	  	 	 	9  	% 	 	 	$241  	  	 	 	$208  	  	 	 	16  	% 	
FTE adjustment	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Net interest income - FTE	 	 	116  	  	 	 	106  	  	 	 	9  	  	 	 	241  	  	 	 	208  	  	 	 	16  	  	
Provision for credit losses 2	 	 	153  	  	 	 	289  	  	 	 	(47) 	  	 	 	376  	  	 	 	691  	  	 	 	(46) 	  	
	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Net interest income - FTE - after provision for credit losses	 	 	(37) 	  	 	 	(183) 	  	 	 	(80) 	  	 	 	(135) 	  	 	 	(483) 	  	 	 	(72) 	  	

Noninterest income before securities losses	 	 	76  	  	 	 	78  	  	 	 	(3) 	  	 	 	157  	  	 	 	127  	  	 	 	24  	  	
Securities losses, net	 	 	(1) 	  	 	 	(1) 	  	 	 	-  	  	 	 	(1) 	  	 	 	(2) 	  	 	 	(50) 	  	
	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Total noninterest income	 	 	75  	  	 	 	77  	  	 	 	(3) 	  	 	 	156  	  	 	 	125  	  	 	 	25  	  	

Noninterest expense before amortization of intangible assets	 	 	277  	  	 	 	261  	  	 	 	6  	  	 	 	528  	  	 	 	514  	  	 	 	3  	  	
Amortization of intangible assets	 	 	-  	  	 	 	- 	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Total noninterest expense	 	 	277  	  	 	 	261  	  	 	 	6  	  	 	 	528  	  	 	 	514  	  	 	 	3  	  	

Loss before benefit for income taxes	 	 	(239) 	  	 	 	(367) 	  	 	 	(35) 	  	 	 	(507) 	  	 	 	(872) 	  	 	 	(42) 	  	
Benefit for income taxes	 	 	(92) 	  	 	 	(139) 	  	 	 	(34) 	  	 	 	(195) 	  	 	 	(331) 	  	 	 	(41) 	  	
FTE adjustment	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Net loss including income attributable to noncontrolling interest	 	 	(147) 	  	 	 	(228) 	  	 	 	(36) 	  	 	 	(312) 	  	 	 	(541) 	  	 	 	(42) 	  	
Less: net income attributable to noncontrolling interest	 	 	-  	  	 	 	-  	  	 	 	-	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Net loss	 	 	($147) 	  	 	 	($228) 	  	 	 	(36) 	  	 	 	($312) 	  	 	 	($541) 	  	 	 	(42) 	  	

Total revenue - FTE	 	 	$191  	  	 	 	$183  	  	 	 	4  	  	 	 	$397  	  	 	 	$333  	  	 	 	19  	  	
							
Selected Average Balances	 				 				 				 				 				 				
							
Total loans	 	 	$28,822  	  	 	 	$28,662  	  	 	 	1  	% 	 	 	$29,067  	  	 	 	$28,773  	  	 	 	1  	% 	
Goodwill	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
Other intangible assets excluding MSRs	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
Total assets	 	 	33,363  	  	 	 	34,624  	  	 	 	(4) 	  	 	 	33,947  	  	 	 	34,662  	  	 	 	(2) 	  	
Consumer and commercial deposits	 	 	2,695  	  	 	 	2,749  	  	 	 	(2) 	  	 	 	2,838  	  	 	 	2,597  	  	 	 	9  	  	
							
Performance Ratios	 				 				 				 				 				 				
							
Efficiency ratio	 	 	144.64  	% 	 	 	142.25  	% 	 				 	 	133.03  	% 	 	 	154.45  	% 	 				
Impact of excluding amortization of intangible assets	 	 	-	  	 	 	-  	  	 				 	 	-  	  	 	 	-  	  	 				
	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Tangible efficiency ratio	 	 	144.64  	% 	 	 	142.25  	% 	 				 	 	133.03  	% 	 	 	154.45  	% 	 				

Other Information	 				 				 				 				 				 				
							
Production Data	 				 				 				 				 				 				
Channel mix	 				 				 				 				 				 				
Retail	 	 	$3,306  	  	 	 	$3,767  	  	 	 	(12) 	% 	 	 	$7,022  	  	 	 	$7,019  	  	 	 	-  	% 	
Wholesale	 	 	548  	  	 	 	1,600  	  	 	 	(66) 	  	 	 	1,317  	  	 	 	2,938  	  	 	 	(55) 	  	
Correspondent	 	 	837  	  	 	 	1,628  	  	 	 	(49) 	  	 	 	2,103  	  	 	 	2,684  	  	 	 	(22) 	  	
	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Total production	 	 	$4,691  	  	 	 	$6,995  	  	 	 	(33) 	  	 	 	$10,442  	  	 	 	$12,641  	  	 	 	(17) 	  	
	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Channel mix - percent	 				 				 				 				 				 				
Retail	 	 	70  	% 	 	 	54  	% 	 				 	 	67  	% 	 	 	56  	% 	 				
Wholesale	 	 	12  	  	 	 	23  	  	 				 	 	13  	  	 	 	23  	  	 				
Correspondent	 	 	18  	  	 	 	23  	  	 				 	 	20  	  	 	 	21  	  	 				
	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Total production	 	 	100  	% 	 	 	100  	% 	 				 	 	100  	% 	 	 	100  	% 	 				

Purchase and refinance mix	 				 				 				 				 				 				
Refinance	 	 	$2,231  	  	 	 	$3,240  	  	 	 	(31)  	  	 	 	$6,308  	  	 	 	$6,681  	  	 	 	(6)	  	
Purchase	 	 	2,460  	  	 	 	3,755  	  	 	 	(34)  	  	 	 	4,134  	  	 	 	5,960  	  	 	 	(31)	  	
	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Total production	 	 	$4,691  	  	 	 	$6,995  	  	 	 	(33)  	  	 	 	$10,442  	  	 	 	$12,641  	  	 	 	(17)	  	

Purchase and refinance mix - percent	 				 				 				 				 				 				
Refinance	 	 	48  	% 	 	 	46  	% 	 				 	 	60  	% 	 	 	53  	% 	 				
Purchase	 	 	52  	  	 	 	54  	  	 				 	 	40  	  	 	 	47  	  	 				
	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Total production	 	 	100  	% 	 	 	100  	% 	 				 	 	100  	% 	 	 	100  	% 	 				

Applications	 	 	$10,548  	  	 	 	$12,890  	  	 	 	(18) 	  	 	 	$19,642  	  	 	 	$22,787  	  	 	 	(14) 	  	
							
Mortgage Servicing Data (End of Period)	 				 				 				 				 				 				
Total loans serviced	 	 	$162,915  	  	 	 	$177,808  	  	 	 	(8) 	% 	 				 				 				
Total loans serviced for others	 	 	131,548  	  	 	 	145,845  	  	 	 	(10) 	  	 				 				 				
Net carrying value of MSRs	 	 	1,423  	  	 	 	1,298  	  	 	 	10  	  	 				 				 				
Ratio of net carrying value of MSRs to total loans serviced for others	 	 	1.082  	% 	 	 	0.890  	% 	 				 				 				 				

1 Net interest income does not include the funding benefit that would result from holding shareholders’ equity at the line of business level due to the fact that shareholder’s   equity is not allocated to the lines of business at this time.
2 Provision for credit losses represents net charge-offs for the lines of business.
 
Page 20

																									
SunTrust Banks, Inc. and Subsidiaries
WEALTH AND INVESTMENT MANAGEMENT LINE OF BUSINESS
(Dollars in millions)    (Unaudited)	  

 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
 	  	Three Months Ended June 30	 	 	Six Months Ended June 30	 	
 	  	      2011      	 	 	      2010      	 	 	% Change	 	 	      2011      	 	 	      2010      	 	 	% Change	 	
							
Statements of Income	  				 				 				 				 				 				
							
    Net interest income 1	  	 	$102  	  	 	 	$95  	  	 	 	7  	% 	 	 	$204  	  	 	 	$187  	  	 	 	9  	% 	
    FTE adjustment	  	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Net interest income - FTE	  	 	102  	  	 	 	95  	  	 	 	7  	  	 	 	204  	  	 	 	187  	  	 	 	9  	  	
    Provision for credit losses 2	  	 	11  	  	 	 	16  	  	 	 	(31) 	  	 	 	28  	  	 	 	29  	  	 	 	(3) 	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Net interest income - FTE - after provision for credit losses	  	 	91  	  	 	 	79  	  	 	 	15  	  	 	 	176  	  	 	 	158  	  	 	 	11  	  	

    Noninterest income before securities gains/(losses)	  	 	208  	  	 	 	197  	  	 	 	6  	  	 	 	423  	  	 	 	382  	  	 	 	11  	  	
    Securities gains/(losses), net	  	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
        Total noninterest income	  	 	208  	  	 	 	197  	  	 	 	6  	  	 	 	423  	  	 	 	382  	  	 	 	11  	  	

    Noninterest expense before amortization of intangible assets	  	 	237  	  	 	 	216  	  	 	 	10  	  	 	 	471  	  	 	 	435  	  	 	 	8  	  	
    Amortization of intangible assets	  	 	4  	  	 	 	3  	  	 	 	33  	  	 	 	6  	  	 	 	6  	  	 	 	-  	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
        Total noninterest expense	  	 	241  	  	 	 	219  	  	 	 	10  	  	 	 	477  	  	 	 	441  	  	 	 	8  	  	

    Income before provision for income taxes	  	 	58  	  	 	 	57  	  	 	 	2  	  	 	 	122  	  	 	 	99  	  	 	 	23  	  	
    Provision for income taxes	  	 	22  	  	 	 	21  	  	 	 	5  	  	 	 	43  	  	 	 	37  	  	 	 	16  	  	
    FTE adjustment	  	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	 	 	-  	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Net income including income attributable to noncontrolling interest	  	 	36  	  	 	 	36  	  	 	 	-  	  	 	 	79  	  	 	 	62  	  	 	 	27  	  	
    Less: net income attributable to noncontrolling interest	  	 	(1) 	  	 	 	-  	  	 	 	(100) 	  	 	 	4  	  	 	 	-  	  	 	 	-  	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Net income	  	 	$37  	  	 	 	$36  	  	 	 	3  	  	 	 	$75  	  	 	 	$62  	  	 	 	21  	  	

    Total revenue - FTE	  	 	$310  	  	 	 	$292  	  	 	 	6  	  	 	 	$627  	  	 	 	$569  	  	 	 	10  	  	
							
Selected Average Balances	  				 				 				 				 				 				
							
    Total loans	  	 	$7,522  	  	 	 	$8,072  	  	 	 	(7)	  % 	 	 	$7,567  	  	 	 	$8,070  	  	 	 	(6) 	% 	
    Goodwill	  	 	372  	  	 	 	361  	  	 	 	3  	  	 	 	367  	  	 	 	360  	  	 	 	2  	  	
    Other intangible assets excluding MSRs	  	 	53  	  	 	 	52  	  	 	 	2  	  	 	 	54  	  	 	 	53  	  	 	 	2  	  	
    Total assets	  	 	8,640  	  	 	 	9,157  	  	 	 	(6) 	  	 	 	8,678  	  	 	 	9,112  	  	 	 	(5) 	  	
    Consumer and commercial deposits	  	 	12,148  	  	 	 	11,070  	  	 	 	10  	  	 	 	12,227  	  	 	 	11,052  	  	 	 	11  	  	
							
Performance Ratios	  				 				 				 				 				 				
							
    Efficiency ratio	  	 	77.72   	%  	 	 	75.18  	% 	 				 	 	76.16   	%  	 	 	77.43  	% 	 				
    Impact of excluding amortization of intangible assets	  	 	(2.24) 	  	 	 	(2.21) 	  	 				 	 	(2.07) 	  	 	 	(2.31) 	  	 				
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
    Tangible efficiency ratio	  	 	75.48   	%  	 	 	72.97  	% 	 				 	 	74.09   	%  	 	 	75.12  	% 	 				

Other Information (End of Period)	  				 				 				 				 				 				
							
    Assets under adminstration 3	  				 				 				 				 				 				
        Managed (discretionary) assets	  	 	$104,722  	  	 	 	$116,096  	  	 	 	(10)	  % 	 				 				 				
        Non-managed assets	  	 	49,928  	  	 	 	44,244  	  	 	 	13  	  	 				 				 				
	  	 	 	 	 	 	 	 	 				 				 				 				
          Total assets under administration	  	 	154,650  	  	 	 	160,340  	  	 	 	(4) 	  	 				 				 				

    Brokerage assets	  	 	35,745  	  	 	 	32,383  	  	 	 	10  	  	 				 				 				
    Corporate trust assets	  	 	10,572  	  	 	 	8,344  	  	 	 	27  	  	 				 				 				
	  	 	 	 	 	 	 	 	 				 				 				 				
    Total assets under advisement	  	 	$200,967  	  	 	 	$201,067  	  	 	 	-  	  	 				 				 				

 
1 Net interest income does not include the funding benefit that would result from holding shareholders’ equity at the line of business level due to the fact that shareholder’s   equity is not allocated to the lines of business at this time.
2 Provision for credit losses represents net charge-offs for the lines of business.
3  June 30, 2010 assets under advisement and assets under administration includes $16 billion in money market fund assets that were previously managed by RidgeWorth.   SunTrust completed the sale of its money market fund business to Federated Investors, Inc. in the fourth quarter of 2010.
 
Page 21

																									
SunTrust Banks, Inc. and Subsidiaries
CORPORATE OTHER AND TREASURY
(Dollars in millions) (Unaudited)	  

 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
 	 	Three Months Ended June 30	 	 	Six Months Ended June 30	 	
 	 	    2011    	 	 	    2010    	 	 	    %  Change 3     	 	 	    2011    	 	 	    2010    	 	 	    %  Change 3     	 	
Statements of Income	 				 				 				 				 				 				
 
   Net interest income	 	 	$105  	  	 	 	$79  	  	 	 	33 	  % 	 	 	$203  	  	 	 	$192  	  	 	 	6	  % 	
   FTE adjustment	 	 	1  	  	 	 	3  	  	 	 	(67)	  	 	 	3  	  	 	 	5  	  	 	 	(40)	  	
	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
   Net interest income - FTE	 	 	106  	  	 	 	82  	  	 	 	29 	  	 	 	206  	  	 	 	197  	  	 	 	5 	  	
   Provision for credit losses 1	 	 	(114) 	  	 	 	(60) 	  	 	 	90 	  	 	 	(238) 	  	 	 	(19) 	  	 	 	NM 	  	
	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
   Net interest income - FTE - after provision for credit losses	 	 	220  	  	 	 	142  	  	 	 	55 	  	 	 	444  	  	 	 	216  	  	 	 	NM 	  	

   Noninterest income before securities gains	 	 	36  	  	 	 	100  	  	 	 	(64)	  	 	 	35  	  	 	 	101  	  	 	 	(65)	  	
   Securities gains, net	 	 	33  	  	 	 	58  	  	 	 	(43)	  	 	 	97  	  	 	 	60  	  	 	 	62 	  	
	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
     Total noninterest income	 	 	69  	  	 	 	158  	  	 	 	(56)	  	 	 	132  	  	 	 	161  	  	 	 	(18)	  	

   Noninterest expense before amortization of intangible assets	 	 	(6) 	  	 	 	55  	  	 	 	NM 	  	 	 	(28) 	  	 	 	20  	  	 	 	NM 	  	
   Amortization of intangible assets	 	 	-   	  	 	 	-  	  	 	 	- 	  	 	 	1  	  	 	 	-  	  	 	 	100 	  	
	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
     Total noninterest expense	 	 	(6) 	  	 	 	55  	  	 	 	NM 	  	 	 	(27) 	  	 	 	20  	  	 	 	NM 	  	

   Income - FTE - before provision for income taxes	 	 	295  	  	 	 	245  	  	 	 	20 	  	 	 	603  	  	 	 	357  	  	 	 	69 	  	
   Provision for income taxes	 	 	120  	  	 	 	95  	  	 	 	26 	  	 	 	228  	  	 	 	116  	  	 	 	97 	  	
   FTE adjustment	 	 	1  	  	 	 	3  	  	 	 	(67)	  	 	 	3  	  	 	 	5  	  	 	 	(40)	  	
	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
   Net income including income attributable to noncontrolling interest	 	 	174  	  	 	 	147  	  	 	 	18 	  	 	 	372  	  	 	 	236  	  	 	 	58 	  	
   Less: net income attributable to noncontrolling interest	 	 	2  	  	 	 	3  	  	 	 	(33)	  	 	 	4  	  	 	 	5  	  	 	 	(20)	  	
	 	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
   Net income	 	 	$172  	  	 	 	$144  	  	 	 	19 	  	 	 	$368  	  	 	 	$231  	  	 	 	59 	  	

   Total revenue - FTE	 	 	$175  	  	 	 	$240  	  	 	 	(27)	  	 	 	$338  	  	 	 	$358  	  	 	 	(6)	  	
							
Selected Average Balances
 	 				 				 				 				 				 				
   Total loans	 	 	$214  	  	 	 	$138  	  	 	 	55	  % 	 	 	$208  	  	 	 	$221  	  	 	 	(6)	  % 	
   Securities available for sale	 	 	24,139  	  	 	 	25,029  	  	 	 	(4)	  	 	 	24,181  	  	 	 	25,508  	  	 	 	(5)	  	
   Goodwill	 	 	-  	  	 	 	1  	  	 	 	(100)	  	 	 	-  	  	 	 	-  	  	 	 	- 	  	
   Other intangible assets excluding MSRs	 	 	3  	  	 	 	3  	  	 	 	- 	  	 	 	3  	  	 	 	3  	  	 	 	- 	  	
   Total assets	 	 	31,913  	  	 	 	33,379  	  	 	 	(4)	  	 	 	32,987  	  	 	 	33,227  	  	 	 	(1)	  	
   Consumer and commercial deposits	 	 	948  	  	 	 	705  	  	 	 	34 	  	 	 	944  	  	 	 	702  	  	 	 	34 	  	
							
Other Information	 				 				 				 				 				 				
							
   Duration of investment portfolio	 	 	3.0	  % 	 	 	2.5	  % 	 				 				 				 				
							
   Accounting net interest income interest rate sensitivity 2 :	 				 				 				 				 				 				
      % Change in net interest income under:	 				 				 				 				 				 				
           Instantaneous 100 bp increase in rates over next
           12 months	 	 	-	  % 	 	 	0.6	  % 	 				 				 				 				
           Instantaneous 100 bp decrease in rates over next
           12 months	 	 	(1.3)	  % 	 	 	(0.7)	  % 	 				 				 				 				
							
   Economic net interest income interest rate sensitivity 2 :	 				 				 				 				 				 				
      % Change in net interest income under:	 				 				 				 				 				 				
           Instantaneous 100 bp increase in rates over next
           12 months	 	 	(0.2)	  % 	 	 	0.1	  % 	 				 				 				 				
           Instantaneous 100 bp decrease in rates over next
           12 months	 	 	(1.2)	  % 	 	 	(0.3)	  % 	 				 				 				 				
    	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
1 Provision for credit losses is the difference between net charge-offs recorded by the lines of business and consolidated provision for credit losses.
2 The recognition of interest rate sensitivity from an accounting perspective is different from the economic perspective due to the election of fair value accounting for certain long term debt and the related interest rate swaps. The net interest income sensitivity profile from an economic perspective assumes the net interest payments from the related swaps were included in net interest income.
3 “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.
 
Page 22

SunTrust Banks, Inc. and Subsidiaries
CONSOLIDATED - SEGMENT TOTALS
(Dollars in millions)    (Unaudited)

 	  	Three Months Ended June 30	 	 	Six Months Ended June 30	 	
 	  	2011	 	 	2010	 	 	Change 1	 	 	2011	 	 	2010	 	 	Change 1	 	
							
Statements of Income	  				 				 				 				 				 				
							
Net interest income	  	 	$1,259 	  	 	 	$1,178 	  	 	 	7 	% 	 	 	$2,508 	  	 	 	$2,350 	  	 	 	7 	% 	
FTE adjustment	  	 	27 	  	 	 	30 	  	 	 	(10)	  	 	 	55 	  	 	 	60 	  	 	 	(8)	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Net interest income - FTE	  	 	1,286 	  	 	 	1,208 	  	 	 	6 	  	 	 	2,563 	  	 	 	2,410 	  	 	 	6 	  	
Provision for credit losses	  	 	392 	  	 	 	662 	  	 	 	(41)	  	 	 	839 	  	 	 	1,524 	  	 	 	(45)	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Net interest income - FTE - after provision for credit losses	  	 	894 	  	 	 	546 	  	 	 	64 	  	 	 	1,724 	  	 	 	886 	  	 	 	95 	  	

Noninterest income before securities gains	  	 	880 	  	 	 	895 	  	 	 	(2)	  	 	 	1,699 	  	 	 	1,592 	  	 	 	7 	  	
Securities gains, net	  	 	32 	  	 	 	57 	  	 	 	(44)	  	 	 	96 	  	 	 	58 	  	 	 	66 	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Total noninterest income	  	 	912 	  	 	 	952 	  	 	 	(4)	  	 	 	1,795 	  	 	 	1,650 	  	 	 	9 	  	

Noninterest expense before amortization of intangible assets	  	 	1,530 	  	 	 	1,490 	  	 	 	3 	  	 	 	2,984 	  	 	 	2,838 	  	 	 	5 	  	
Amortization of intangible assets	  	 	12 	  	 	 	13 	  	 	 	(8)	  	 	 	23 	  	 	 	26 	  	 	 	(12)	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Total noninterest expense	  	 	1,542 	  	 	 	1,503 	  	 	 	3 	  	 	 	3,007 	  	 	 	2,864 	  	 	 	5 	  	

Income/(loss) - FTE - before provision/(benefit) for income taxes	  	 	264 	  	 	 	(5)	  	 	 	NM 	  	 	 	512 	  	 	 	(328)	  	 	 	NM 	  	
Provision/(benefit) for income taxes	  	 	58 	  	 	 	(50)	  	 	 	NM 	  	 	 	91 	  	 	 	(244)	  	 	 	NM 	  	
FTE adjustment	  	 	27 	  	 	 	30 	  	 	 	(10)	  	 	 	55 	  	 	 	60 	  	 	 	(8)	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Net income/(loss) including income attributable to noncontrolling interest	  	 	179 	  	 	 	15 	  	 	 	NM 	  	 	 	366 	  	 	 	(144)	  	 	 	NM 	  	
Less: net income attributable to noncontrolling interest	  	 	1 	  	 	 	3 	  	 	 	(67)	  	 	 	8 	  	 	 	5 	  	 	 	60 	  	
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Net income/(loss)	  	 	$178 	  	 	 	$12 	  	 	 	NM 	  	 	 	$358 	  	 	 	($149)	  	 	 	NM 	  	

Total revenue - FTE	  	 	$2,198 	  	 	 	$2,160 	  	 	 	2 	  	 	 	$4,358 	  	 	 	$4,060 	  	 	 	7 	  	
							
Selected Average Balances	  				 				 				 				 				 				
							
Total loans	  	 	$114,920 	  	 	 	$113,016 	  	 	 	2 	% 	 	 	$115,040 	  	 	 	$113,721 	  	 	 	1 	% 	
Goodwill	  	 	6,334 	  	 	 	6,323 	  	 	 	- 	  	 	 	6,329 	  	 	 	6,322 	  	 	 	- 	  	
Other intangible assets excluding MSRs	  	 	117 	  	 	 	153 	  	 	 	(24)	  	 	 	122 	  	 	 	159 	  	 	 	(23)	  	
Total assets	  	 	170,527 	  	 	 	171,273 	  	 	 	- 	  	 	 	171,789 	  	 	 	171,351 	  	 	 	- 	  	
Consumer and commercial deposits	  	 	121,879 	  	 	 	116,460 	  	 	 	5 	  	 	 	121,298 	  	 	 	115,776 	  	 	 	5 	  	
							
Performance Ratios	  				 				 				 				 				 				
							
Efficiency ratio	  	 	70.17 	% 	 	 	69.57 	% 	 				 	 	69.01 	% 	 	 	70.52 	% 	 				
Impact of excluding amortization of intangible assets	  	 	(0.53)	  	 	 	(0.61)	  	 				 	 	(0.52)	  	 	 	(0.65)	  	 				
	  	 	 	 	 	 	 	 	 				 	 	 	 	 	 	 	 	 				
Tangible efficiency ratio	  	 	69.64 	% 	 	 	68.96 	% 	 				 	 	68.49 	% 	 	 	69.87 	% 	 				

 
1 “NM” - Not meaningful. Those changes over 100 percent were not considered to be meaningful.
 
Page 23

	

SunTrust Banks, Inc.
2Q 2011 Earnings Presentation
July 22, 2011
Exhibit 99.2	

	

1
Important Cautionary Statement
The following should be read in conjunction with the financial statements, notes and other information contained in the Company’s 2010 Annual Report on Form 10-K, Quarterly
Reports on Form 10-Q, and Current Reports on Form 8-K.  
 
This presentation includes non-GAAP financial measures to describe SunTrust’s performance. The reconciliations of those measures to GAAP measures are provided within or in
the appendix of this presentation. In this presentation, net interest income and net interest margin are presented on a fully taxable-equivalent (“FTE”) basis, and ratios are
presented on an annualized basis. The FTE basis adjusts for the tax-favored status of income from certain loans and investments. The Company believes this measure to be the
preferred industry measurement of net interest income and provides relevant comparison between taxable and non-taxable amounts.  
 
This presentation contains forward-looking statements. Statements regarding our expectations about revenue increases and expense reductions as a result of business initiatives
are forward looking statements. Also, any statement that does not describe historical or current facts, is a forward-looking statement. These statements often include the words
“believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “goals,” “targets,” “initiatives,” “potentially,” “probably,” “projects,” “outlook” or similar expressions or future
conditional verbs such as “may,” “will,” “should,” “would,” and “could.”  Forward-looking statements are based upon the current beliefs and expectations of management and on
information currently available to management. Our statements speak as of the date hereof, and we do not assume any obligation to update these statements or to update the
reasons why actual results could differ from those contained in such statements in light of new information or future events.   
 
Forward-looking statements are subject to significant risks and uncertainties. Investors are cautioned against placing undue reliance on such statements. Actual results may differ
materially from those set forth in the forward-looking statements. Factors that could cause actual results to differ materially from those described in the forward-looking statements
can be found in Part I, " Item 1A. Risk Factors " in our Annual Report on Form 10-K for the year ended December 31, 2010, and in Part II, " Item 1A. Risk Factors " in our Quarterly
Report on Form 10-Q for the period ended March 31, 2011, and in other periodic reports that we file with the SEC. Those factors include: difficult market conditions have adversely
affected our industry; concerns over market volatility continue; the Dodd-Frank Act makes fundamental changes in the regulation of the financial services industry, some of which
may adversely affect our business; we are subject to capital adequacy and liquidity guidelines and, if we fail to meet these guidelines, our financial condition would be adversely
affected; emergency measures designed to stabilize the U.S. banking system are beginning to wind down; we are subject to credit risk; our ALLL may not be adequate to cover our
eventual losses; we will realize future losses if the proceeds we receive upon liquidation of nonperforming assets are less than the carrying value of such assets; weakness in the
economy and in the real estate market, including specific weakness within our geographic footprint, has adversely affected us and may continue to adversely affect us; weakness
in the real estate market, including the secondary residential mortgage loan markets, has adversely affected us and may continue to adversely affect us; we are subject to certain
risks related to originating and selling mortgages. We may be required to repurchase mortgage loans or indemnify mortgage loan purchasers as a result of breaches of
representations and warranties, borrower fraud, or certain borrower defaults, which could harm our liquidity, results of operations, and financial condition; we are subject to risks
related to delays in the foreclosure process; we may continue to suffer increased losses in our loan portfolio despite enhancement of our underwriting policies; as a financial
services company, adverse changes in general business or economic conditions could have a material adverse effect on our financial condition and results of operations. Changes
in market interest rates or capital markets could adversely affect our revenue and expense, the value of assets and obligations, and the availability and cost of capital or liquidity;
the fiscal and monetary policies of the federal government and its agencies could have a material adverse effect on our earnings; depressed market values for our stock may
require us to write down goodwill; clients could pursue alternatives to bank deposits, causing us to lose a relatively inexpensive source of funding; consumers may decide not to
use banks to complete their financial transactions, which could affect net income; we have businesses other than banking which subject us to a variety of risks; hurricanes and
other natural or man-made disasters may adversely affect loan portfolios and operations and increase the cost of doing business; negative public opinion could damage our
reputation and adversely impact business and revenues; the soundness of other financial institutions could adversely affect us; we rely on other companies to provide key
components of our business infrastructure; we rely on our systems, employees, and certain counterparties, and certain failures could materially adversely affect our operations; we
depend on the accuracy and completeness of information about clients and counterparties; regulation by federal and state agencies could adversely affect the business, revenue,
and profit margins; competition in the financial services industry is intense and could result in losing business or margin declines; maintaining or increasing market share depends
on market acceptance and regulatory approval of new products and services; we may not pay dividends on your common stock; disruptions in our ability to access global capital
markets may negatively affect our capital resources and liquidity; any reduction in our credit rating could increase the cost of our funding from the capital markets; we have in the
past and may in the future pursue acquisitions, which could affect costs and from which we may not be able to realize anticipated benefits; we are subject to certain litigation, and
our expenses related to this litigation may adversely affect our results; we depend on the expertise of key personnel. If these individuals leave or change their roles without
effective replacements, operations may suffer; we may not be able to hire or retain additional qualified personnel and recruiting and compensation costs may increase as a result
of turnover, both of which may increase costs and reduce profitability and may adversely impact our ability to implement our business strategies; our accounting policies and
processes are critical to how we report our financial condition and results of operations. They require management to make estimates about matters that are uncertain; changes in
our accounting policies or in accounting standards could materially affect how we report our financial results and condition; our stock price can be volatile; our disclosure controls
and procedures may not prevent or detect all errors or acts of fraud; our financial instruments carried at fair value expose us to certain market risks; our revenues derived from our
investment securities may be volatile and subject to a variety of risks; and we may enter into transactions with off-balance sheet affiliates or our subsidiaries.	

	

2
Table of Contents
I.
OVERVIEW
II.
FINANCIAL PERFORMANCE
III.
RISK AND CAPITAL REVIEW
IV.
BUSINESS HIGHLIGHTS
V.
APPENDIX	

	

3
Balance
Sheet
Revenue
Expenses
Credit
and
Capital
•
Earnings per share of $0.33; improvement continued
•
Loans were stable compared to 1Q 11; growth in targeted portfolios offset continued
declines in higher-risk categories
•
Growth in lower-cost deposits and favorable mix shift continued
•
Net Interest Margin stable to 1Q 11
•
Fee income grew sequentially, with increases across a broad range of categories
•
Expenses rose from 1Q 11, largely due to credit-related factors
•
Improving trends in all primary credit metrics continued
•
Tier 1 Common Ratio of 9.20% (estimated)
2Q 11 Summary
I. OVERVIEW
Earnings	

	

4
($ in millions, except per share data)
Income Statement Highlights
II. FINANCIAL
PERFORMANCE
Prior Quarter Variance
•
EPS increase of $0.11 (excluding TARP
Lower provision from continued credit
quality improvement
Higher fee income across a broad
range of consumer and commercial
categories
Lower preferred dividends due to 1Q 11
TARP redemption
Partially offset by higher expenses
Prior Year Variance
•
Significant EPS improvement driven by:
Net interest income growth, primarily
from improved deposit mix and pricing
Improved credit quality / lower provision
Elimination of TARP preferred
dividends
EPS of $0.33; Improvement Continued
2Q 10
1Q 11
2Q 11
Net Interest Income (FTE)
$1,208
$1,277
$1,286
Provision for Credit Losses
662
447
392
Noninterest Income
952
883
912
Total Revenue (FTE)
2,160
2,160
2,198
Noninterest Expense
1,503
1,465
1,542
Net Income/(Loss)
12
180
178
Preferred Dividends & Other
68
142
4
Net Income/(Loss) to Common Shareholders
(56)
38
174
Net Income/(Loss) per Share
($0.11)
$0.08
$0.33
Net Income /(Loss) per Share excl. TARP
Redemption
($0.11)
$0.22
$0.33
Key Points
Financial Highlights
1.
SunTrust redeemed its TARP preferred shares during 1Q 11.  Reported EPS in 1Q 11 was $0.08.  The TARP redemption charge of ($74) million, or approximately ($0.14) per
share, is reflected in the Preferred Dividends line item and is a non-cash charge related to the unamortized discount on the TARP preferred shares
1
redemption   ), driven by:
1	

	

5
II.
FINANCIAL
PERFORMANCE
Loans
Prior Quarter Variance
•
Stable
performing
loan
balances
as
growth
in
targeted
Commercial
and
Consumer
categories
offset
planned
declines
in
Residential
•
Commercial
growth
driven
by
$1.0
billion,
or
2.2%,
increase
in
C&I.
CRE
and
Commercial
Construction
declined
a
combined
$0.5
billion
•
Residential
segment
declined
$0.7
billion,
or
1.5%,
due
to
lower
Non-guaranteed
Mortgages
and
Home
Equity
balances
•
Consumer loan growth of $0.2 billion driven by
Guaranteed Student Loans
Prior Year Variance
•
$3.1 billion, or 2.9%, growth in performing loans
•
Commercial
declined
~$1
billion
due
to
Commercial
Construction
and
CRE,
while
C&I
increased
•
Residential
segment
down
modestly,
as
growth
in
Guaranteed
Mortgages
was
more
than
offset
by
declines
in
higher-risk
portions
of
the
portfolio
•
Consumer
segment
up
~$4
billion,
or
over
30%,
driven
by
Indirect
and
Guaranteed
Student
Loans
Average Balances Stable Compared to 1Q 11
1.
2010 quarterly averages for the Commercial, Residential, and Consumer segments are calculated using month end balances, and, therefore, do not sum to the total performing loan
balances, which are calculated using daily average balances
NOTE:  Totals may not foot due to rounding
($ in billions)
$52.8
$52.0
$51.7
$51.4
$51.8
$43.3
$43.7
$44.2
$43.7
$43.0
$12.1
$13.3
$15.0
$16.1
$16.3
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
Commercial
Residential
Consumer
$110.9
$111.1
$108.3
$109.0
$111.1
Average Performing Loans¹
Key Points	

	

6
II.
FINANCIAL
PERFORMANCE
Higher-risk Loans ¹
Higher-risk
Loans
(period-end)
Key Points
•
Higher-risk categories down $11.9 billion, or over
50%, since 4Q 08
These declining portfolios now represent less
than 10% of total loans
•
Over this same time, government-guaranteed loans
are up over $6 billion to $9.1 billion
Prior Quarter Variance
•
$0.7 billion, or 6%, decline in higher-risk loans
•
Declines occurred in all of the major categories, as
well as the sub-categories (listed in footnote)
•
Commercial Construction posted the largest
decrease, down $0.4 billion, or 17%
Prior Year Variance
•
$3.8 billion, or 25%, decline in higher-risk loans
•
Commercial Construction down $1.9 billion, or 52%
•
Higher-risk Mortgages down $1.0 billion, or 20%,
primarily from Prime 2nds and Residential
Construction
•
Higher-risk Home Equity down $0.9 billion, or 13%,
primarily from High LTV Lines and HE Loans
Continued Declines in Higher-risk Categories
NOTE:  Totals may not foot due to rounding
($ in billions)
$6.9
$3.7
$3.1
$2.6
$2.1
$1.7
$8.1
$4.9
$4.7
$4.4
$4.1
$3.9
$8.3
$6.6
$6.4
$6.1
$5.9
$5.7
4Q 08
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
Higher-Risk Home Equity Products
Higher-Risk Mortgage Products
Commercial Construction
$14.1
$13.1
$23.4
$15.2
$12.1
$11.4
1.
Higher-risk Mortgage products include Prime 2nds, Residential Construction, and Alt-A.  Higher-risk Home Equity includes High LTV lines (includes Florida lines > 80%
LTV and other lines > 90% LTV), Brokered Home Equity, and Home Equity Loans.  Data includes performing and nonperforming loans	

	

7
II.
FINANCIAL
PERFORMANCE
Deposits
Average Client Deposits
Key Points
Favorable Deposit Growth and Mix Shift Trends Continued
Prior Quarter Variance
•
Client
Deposits
grew
$1.2
billion,
or
1%,
to
a  
record level of $121.9 billion
•
Continued favorable shift in deposit mix
DDA up $1.6 billion, or 5.5%
Time Deposits declined $0.3 billion, or 1.4%
Prior Year Variance
•
Client Deposits grew $5.4 billion, or 4.7%
•
Growth derived from lower-cost accounts, including:
DDA up $4.3 billion, or 17%
MMA up $5.2 billion, or 14%
•
Higher-cost
Time
Deposits
declined
$4.3
billion,
or 18%
$119.7
$116.5
$117.2
$120.7
$121.9
($ in billions)
NOTE:  Totals may not foot due to rounding
$25.5
$26.5
$27.8
$28.3
$29.8
$24.9
$23.5
$24.6
$25.4
$24.7
$37.7
$39.8
$41.7
$42.6
$42.9
$4.1
$4.1
$4.1
$4.3
$4.6
$24.2
$23.3
$21.4
$20.2
$19.9
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
DDA
NOW
Money Market
Savings
Time	

	

8
II.
FINANCIAL
PERFORMANCE
Net Interest Income
$1,208
$1,286
$1,277
$1,294
$1,266
3.33%
3.41%
3.44%
3.53%
3.53%
1,000
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
3.0%
3.2%
3.4%
3.6%
Net Interest Margin
Net Interest Income
Net Interest Margin Stable to 1Q 11
Prior Quarter Variance
•
Net Interest Margin stable at 3.53%
Deposit mix shift, lower rates paid, and reduced long-
term debt rates contributed to 7 bps decline in interest-
bearing liabilities
Interest earning assets down 5 bps, due to lower loan
yields
•
Net Interest Income increased modestly, primarily due to 
day count
Prior Year Variance
•
Net Interest Income up $78 million, or 6%, driven by a 20
bps expansion in the Net Interest Margin
Lower-cost deposit growth, lower deposit rates paid,
and a reduction in higher-cost debt drove a 34 bps
decline in interest-bearing liabilities
Interest earning asset yields declined a modest 9 bps,
as the securities portfolio repositioning helped mitigate
the impacts of the continued low rate environment
($ in millions)
Net Interest Income, FTE
Key Points	

	

9
II.
FINANCIAL
PERFORMANCE
Noninterest Income
Sequential Quarter Increase from Broad Range of Categories
1.
Please refer to the appendix for adjustment detail
Prior Quarter Variance
•
Adjusted Noninterest Income increased $37 million, or 5%,
due primarily to:
Investment
Banking
-
$28
million
increase
from
strong
syndicated finance revenue
Deposit Service Charges -
$7 million increase
Prior Year Variance
•
Adjusted Noninterest Income increased $53 million, or 7%
Investment
Banking
-
$37
million
due
to
higher
syndicated finance revenue
Retail Investment Services and Card Fees both
increased by over $10 million and grew by double digit
percentages
Mortgage Production increased due to lower
repurchase costs
Service Charges on Deposits declined due to the
impact of Reg E
($ in millions)
$883
$1,047
$1,032
$952
$912
$144
$108
$60
$51
$808
$1,047
$924
$823
$861
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
Adjusted Noninterest Income
Adjustment
Items
1
Noninterest Income
Key Points	

	

10
($ in millions)
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
2005 & Prior
$21
$26
$20
$24
$21
2006
85
71
69
78
79
2007
204
134
108
157
183
2008
30
27
25
44
43
2009 -
2011
8
5
11
9
22
Total
$349
$263
$233
$313
$348
% Non-Agency
(approx.)
3%
6%
7%
9%
5%
Repurchase demands increased in 2Q 11 primarily
from the high level of 2007 vintage demands
Summary Statistics
Losses have stabilized but reserve is up primarily
due to pending demand growth & resolution timing
($ in millions)
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
Period-end
Balance
$317
$320
$293
$363
$472
% Non-Agency
(approx.)
5%
7%
10%
10%
9%
Metric (2005 –
2011 vintages)
Amount ($B)
Sold UPB
$211
Remaining UPB
105
Cumulative Repurchase Requests
3.9
Requests Resolved
3.4
Losses Recognized to Date
0.9
2Q 2011 Reserve
0.3
Income Statement Impact to Date
$1.2
Memo:
Non-Agency
UPB
15
1.
Includes estimates
2.
Amount is an estimate and is included in the $105 billion of remaining UPB
($ in millions)
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
Beginning Balance
$210
$256
$270
$265
$270
Additions
148
95
85
80
90
Charge-Offs
(102)
(81)
(90)
(75)
(61)
Ending Balance
$256
$270
$265
$270
$299
Pending demands increased in 2Q 11 primarily
driven by the increase in new demands
II.
FINANCIAL
PERFORMANCE
Mortgage Repurchase Trends
1
2	

	

11
Noninterest Expense
($ in millions)
II. FINANCIAL PERFORMANCE
$1,465
$1,548
$1,499
$1,503
Increase from 1Q Due Primarily to Credit-related Factors
1.
Please refer to the appendix for adjustment detail
Prior Quarter Variance
•
$77 million increase in Total Noninterest Expense
Credit-related expenses increased $37
million due to higher Operating Losses
(litigation and compliance accruals) and
Credit & Collections
FDIC premium rose $10 million due to new
assessment methodology
Prior Year Variance
•
Adjusted Noninterest Expense increased by $108
million
Employee Compensation was up $66 million,
due to improved revenue generation and staff
additions
FDIC premium increased $16 million
Credit-related expenses rose $15 million
$1,542
$1,435
$1,487
$1,533
$1,466
$1,543
$68
$12
$15
($1)
($1)
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
Adjusted Noninterest Expense¹
Adjustment Items¹
Noninterest Expense
Key Points	

	

12
Credit Quality Improvement
III. RISK AND CAPITAL REVIEW
30 -
89 Day Delinquencies
Net Charge-offs
Allowance for Loan and Lease Losses
$3,156
$3,086
$2,974
$2,854
$2,744
2.81%
2.69%
2.58%
2.49%
2.40%
1,000
1,500
2,000
2,500
3,000
3,500
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
ALLL Ratio
ALLL ($)
Continued Improvement in All Key Metrics
NCOs to Avg. Loans (annualized)
Net Charge-offs
Nonperforming Assets
$5,069
$4,758
$4,568
$5,463
$4,104
$4,699
$4,373
$4,110
$3,971
$3,610
$764
$696
$648
$597
$494
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
Nonperforming Loans
Other Assets
1.26%
1.24%
1.18%
1.15%
1.09%
0.98%
0.96%
0.90%
0.80%
0.73%
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
Total Delinq.
Delinq. Excl. Gov't Guar.
$722
$690
$621
$571
$505
2.57%
2.42%
2.14%
2.01%
1.76%
200
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
1.0%
1.4%
1.8%
2.2%
2.6%
3.0%
3.4%	

	

13
Key Points
Net Charge-offs
Nonperforming Loans
Prior Quarter Variance
•
NPLs
declined
$361
million,
or
9%
Commercial down $300 million, or 16%, led by
Commercial Construction, which fell $216 million, or
more than 25%
Declines across almost every loan category
•
Net
Charge-offs
declined
$66
million,
or
12%
Residential down $83 million due to Non-guaranteed
Mortgages and Home Equity
Commercial up $23 million, as C&I increased from
1Q but remained below 2010 levels
Prior Year Variance
•
NPLs
declined
$1.1
billion,
or
23%,
driven
by
Commercial
Construction,
Non-guaranteed
Mortgages, and C&I
•
Net
Charge-offs
declined
$217
million,
or
30%,
with
the
largest
declines
in
the
Non-guaranteed
Mortgages,
Commercial
Construction,
and
Residential
Construction portfolios
Meaningful Declines in NPLs and Net Charge-offs
III. RISK AND CAPITAL REVIEW
Nonperforming Loans and Net Charge-offs
$3,971
$4,699
$4,373
$4,110
$3,610
$35
$42
$35
$32
$34
$2,473
$2,273
$2,188
$2,076
$2,013
$2,191
$2,058
$1,887
$1,863
$1,563
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
Commercial
Residential
Consumer
$722
$690
$571
$621
$505
$35
$31
$35
$35
$29
$465
$428
$383
$380
$297
$222
$231
$203
$156
$179
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
Commercial
Residential
Consumer	

	

14
1.
Estimated
2.
The Tier 1 Capital Ratio including TARP was 13.51% in 2Q 10, 13.58% in 3Q 10, and 13.67% in 4Q 10
3.
Please refer to the Appendix for a reconcilement to the most directly comparable GAAP financial measure
Capital
Ratios
Further
Expanded
and
Significantly
Exceed
Current
and
Proposed
Regulatory Standards
III. RISK AND CAPITAL REVIEW
Capital Position
Tier 1 Common Ratio
Tier
1
Capital
Ratio
(Excluding
TARP)
Tangible
Common
Equity
Ratio
Tangible
Book
Value
Per
Share
7.92%
8.02%
8.08%
9.05%
9.20%
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11¹
9.84%
9.93%
10.02%
11.00%
11.10%
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11¹
7.18%
7.26%
7.15%
7.77%
7.96%
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
$23.58
$24.42
$23.76
$23.79
$24.57
2Q 10
3Q10
4Q10
1Q11
2Q11
3
3
2	

	

15
•
Announced new checking account line-up
Responsive to clients’
preferences and the regulatory environment
•
Client loyalty in Retail Banking continued to improve, reaching another
all-time
high
1
•
Loan
production
in
the
Consumer
businesses
increased
by
14%
over
2Q
10
2
•
Retail
investment
services
income
up
23%
YTD;
strong
growth
in
managed
account fees on the brokerage platform
1.
Source:  SunTrust’s Service Excellence Program
2.
Includes home equity, student loans, indirect loans, and other direct consumer
3.
Reflects 2Q 11 average balance as compared to 2Q 10 average balance
Consumer
•
Corporate
&
Investment
Banking
revenue
and
net
income
were
the
second
and third highest quarters ever, respectively
YTD revenue is up 40% from 2010
YTD net income is up over 85%
•
Diversified Commercial Banking net income up over 40% YTD; meaningful
improvements in client acquisition and attrition
•
Asset Based Lending (targeted growth portfolio) balances grew to $1.2
billion,
up
$0.5
billion
from
prior
year
3
Wholesale
IV. BUSINESS HIGHLIGHTS
Selected Business Highlights	

	

16
•
Earnings per share of $0.33; improvement continued
•
Loans were stable compared to 1Q 11; growth in targeted portfolios offset continued
declines in higher-risk categories
•
Growth in lower-cost deposits and favorable mix shift continued
•
Net Interest Margin stable to 1Q 11
•
Fee income grew sequentially, with increases across a broad range of categories
Earnings
Balance Sheet
Revenue
Expenses
•
Improving trends in all primary credit metrics continued
•
Tier 1 Common Ratio of 9.20% (estimated)
Credit and
Capital
•
Expenses rose from 1Q 11, largely due to credit-related factors
2Q 11 Summary
IV. BUSINESS HIGHLIGHTS	

	

17
Appendix	

	

18
$0.5
(1.2)
1.3
(0.1)
-
0.2
(0.1)
-
$0.6
$0.2
3.8
18.0
0.6
0.3
0.2
0.7
2.8
$26.6
$0.7
2.6
19.3
0.5
0.3
0.4
0.6
2.8
$27.2
U.S. Treasury
U.S. Agency
MBS –
Agency
U.S. States and Subdivisions
MBS –
Private
Corporate & Other
Asset –
Backed Securities
Other Equity
Total AFS
1Q 2011                 2Q 2011               $ Change
Securities
Available for Sale
($ in billions, period-end balances)
Securities Portfolio
Stable Securities Portfolio; $32 million in 2Q Gains Recognized in Repositioning
NOTE:  Columns may not foot due to rounding
V. APPENDIX	

	

19
V. APPENDIX
30 –
89 Day Delinquencies by Loan Class –
Excl. Govt.
Guaranteed Loans
Memo:
($ in billions)
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
2Q 11 Loan
Balance
30-89 Day Delinquencies
Commercial Loans
Commercial & industrial
0.31
%
0.28
%
0.25
%
0.22
%
0.20
%
$ 45,922
Commercial real estate
1.05
0.88
0.43
0.33
0.26
5,707
Commercial construction
1.18
0.67
0.42
0.47
0.63
1,740
Total commercial loans
0.46
0.38
0.28
0.24
0.22
53,369
Residential Loans
Residential
mortgages
-
guaranteed
-
-
-
-
-
4,513
Residential
mortgages
-
nonguaranteed
1.83
1.88
1.90
1.63
1.45
23,224
Home equity products
1.44
1.52
1.40
1.46
1.44
16,169
Residential construction
2.82
2.61
3.28
2.94
2.28
1,118
Total residential loans
1.71
1.76
1.74
1.60
1.47
45,024
Consumer Loans
Guaranteed student loans
-
-
-
-
-
4,620
Other direct
0.63
1.87
0.92
1.12
0.82
1,863
Indirect
0.82
0.79
0.78
0.68
0.58
9,629
Credit cards
2.58
2.76
2.40
2.04
1.86
407
Total consumer loans
0.88
1.05
0.86
0.79
0.66
16,520
Total
SunTrust
-
excluding
government
guaranteed
delinquencies
0.98
%
0.96
%
0.90
%
0.80
%
0.73
%
$ 114,913
Total
SunTrust
-
including
government
guaranteed
delinquencies
1.26
%
1.24
%
1.18
%
1.15
%
1.09
%
1.
Excludes delinquencies on all federally guaranteed mortgages
2.
Excludes delinquencies on federally guaranteed student loans
3.
Excludes
mortgage
loans
guaranteed
by
GNMA
that
SunTrust
has
the
option,
but
not
the
obligation,
to
repurchase
2
1
3	

	

20
V. APPENDIX
Nonperforming Loans by Loan Class
Memo:
($ in millions)
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
2Q 11 Loan
Balance
Nonperforming Loans
Commercial Loans
Commercial & industrial
$644
$601
$584
$585
$537
$45,922
Commercial real estate
321
346
342
435
399
5,707
Commercial construction
1,226
1,111
961
843
627
1,740
Total commercial loans
2,191
2,058
1,887
1,863
1,563
53,369
Residential Loans
Residential
mortgages
-
guaranteed
0
0
0
0
0
4,513
Residential
mortgages
-
nonguaranteed
1,749
1,591
1,543
1,458
1,412
23,224
Home equity products
360
357
355
343
335
16,169
Residential construction
364
325
290
275
266
1,118
Total residential loans
2,473
2,273
2,188
2,076
2,013
45,024
Consumer Loans
Guaranteed student loans
0
0
0
0 
0 
4,620
Other direct
14
14
10
11
9
1,863
Indirect
21
28
25
21
25
9,629
Credit cards
0
0
0
0
0
407
Total consumer loans
35
42
35
32
34
16,520
Total
$4,699
$4,373
$4,110
$3,971
$3,610
$114,913
NOTE:  Columns may not foot due to rounding	

	

21
V. APPENDIX
Net Charge-off Ratios by Loan Class
Memo:
($ in millions)
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
2Q 11 Loan
Balance
Net Charge-offs to Avg. Loans annualized
Commercial Loans
Commercial & industrial
0.92
%
0.74
%
0.94
%
0.44
%
0.66
%
$45,922
Commercial real estate
0.97
2.33
1.79
1.42
2.72
5,707
Commercial construction
10.38
13.06
9.62
14.76
13.09
1,740
Total commercial loans
1.61
1.70
1.50
1.19                                                  
53,369
Residential Loans
Residential
mortgages
-
guaranteed
0 
0        
0 
0
0     
4,513
Residential
mortgages
-
nonguaranteed
3.37
3.30
3.09
3.19
2.16
23,224
Home equity products
4.04
3.69
3.71
3.96
3.49
16,169
Residential construction
20.44
18.09
11.61
10.46
10.52
1,118
Total residential loans
4.06
3.68
3.28
3.37
2.65
45,024
Consumer Loans
Guaranteed student loans
0
0
0
0
0
4,620
Other direct
3.02
1.74
2.20
2.53
2.14
1,863
Indirect
0.57
0.55
0.65
0.56
0.44
9,629
Credit cards
11.59
10.34
9.52
8.68
7.78
407
Total consumer loans
1.19
%
0.91
%
0.93
%
0.89
%
0.71
%
16,520
Total
2.57
%
2.42
%
2.14
%
2.01
%
1.76
%
$114,913
1.
2010 net charge-off ratios calculated using average of month-end loan balances
NOTE:  Columns may not foot due to rounding
1.34
1	

	

22
V. APPENDIX
Net Charge-off by Loan Class
Memo:
($ in millions)
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
2Q 11 Loan
Balance
Net Charge-off Trends
Commercial Loans
Commercial & industrial
$101
$82
$105
$49
$75
$45,922
Commercial real estate
17
39
29
21
40
5,707
Commercial construction
104
110
69
86
64
1,740
Total commercial loans
222
231
203
156
179
53,369
Residential Loans
Residential
mortgages
-
guaranteed
0
0
0
0
0
4,513
Residential
mortgages
-
nonguaranteed
208
202
187
187
125
23,224
Home equity products
174
159
156
161
141
16,169
Residential construction
83
67
40
32
31
1,118
Total residential loans
465
428
383
380
297
45,024
Consumer Loans
Guaranteed student loans
0        
0
0
0
0
4,620
Other direct
11
7
9
11
10
1,863
Indirect
10
11
14
13
10
9,629
Credit cards
14
13
12
11
9
407
Total consumer loans
35
31
35
35
29
16,520
Total
$722
$690
$621
$571
$505
$114,913
NOTE:  Columns may not foot due to rounding	

	

23
Troubled Debt Restructuring (TDR) Composition
Mortgage and Consumer Loans are 94% of Accruing TDRs; 86% are Current on
Principal and Interest Payments
Prior Quarter Variance
•
Total TDRs were stable at $3.6 billion
•
Accruing and current balances increased
modestly
Prior Year Variance
•
Total TDRs increased by $387 million due to
increased modifications, primarily in Residential
loans
•
The percentage of TDRs that are accruing
increased to ~75% in 2Q 11 from ~70% in 2Q 10
$3,255
$3,504
$3,618
$3,619
V. APPENDIX
$3,642
TDR Trend
Key Points
Early Stage Accruing TDR Delinquencies
$2,269
$2,516
$2,613
$2,643
$2,719
$986
$988
$1,005
$976
$923
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
Accruing
Nonaccruing
$1,980
$2,165
$2,245
$2,286
$2,349
$155
$198
$176
$193
$207
$86
$93
$108
$92
$104
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
Current
30-59 DLQ
60-89 DLQ	

	

24
Noninterest Income Reconciliation
V. APPENDIX
($ in millions)
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
Total Noninterest Income
$952
$1,047
$1,032
$883
$912
Adjustment Items:
Securities Gains
57
69
64
64
32
Fair Market Value Adjustments (Trading Income)
1
17
30
14
(1)
STI Debt Valuation (Trading Income)
63
(22)
16
(20)
17
SunTrust Index-linked CDs (SILC) (Trading
Income)
23
(59)
5
(11)
8 
Auction Rate Securities (Trading Income)
(2)
1
(11)
16
4
Fair Value Adjustments (Mortgage Production)
2
(6)
(9)
(4)
(9)
Stable River Gain (Other Income)
0
0
13
0
0 
Total Adjustments
144
0
108
60
51
Adjusted Noninterest Income
$808
$1,047
$924
$823
$861
NOTE:  Columns may not foot due to rounding	

	

25
Noninterest Expense Reconciliation
V. APPENDIX
($ in millions)
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
Total Noninterest Expense
$1,503
$1,499
$1,548
$1,465
$1,542
Adjustment Items:
AHG Write-down (Other Exp.)
5
0
11
0
0
(Gain)/Loss on Debt Extinguishment
63
12
4
(1)
(1)
Total Adjustments
68
12
15
(1)
(1)
Adjusted Noninterest Expense
$1,435
$1,487
$1,533
$1,466
$1,543	

	

26
Additional Noninterest Expense Disclosures
V. APPENDIX
($ in millions)
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
Operating Losses
$16
$27
$26
$27
$61
Mortgage Reinsurance (Other Exp.)
9
7
2
7
6
Credit & Collections (Other Exp.)
66
69
71
51
60
Other Real Estate (Other Exp.)
86
77
90
69
64
Total Credit-related Expenses
$177
$181
$189
$155
$192
NOTE:  Columns may not foot due to rounding	

	

27
Reconciliation of Non GAAP Measures
V. APPENDIX
($ in billions, except per share data)
Three Months Ended
June 30
September 30
December 31
March 31
June 30
2010
2010
2010
2011
2011
Total shareholders' equity               
$23.0
$23.4
$23.1
$19.2
$19.7
Goodwill, net of deferred taxes                    
(6.2)
(6.2)
(6.2)
(6.2)
(6.2)
Other intangible assets including MSRs, net of deferred taxes
(1.4)
(1.2)
(1.6)
(1.6)
(1.5)
MSRs
1.3
1.1
1.4
1.5
1.4
Tangible equity             
16.7
17.1
16.8
12.9
13.4
Preferred stock
(4.9)
(4.9)
(4.9)
(0.2)
(0.2)
Tangible common equity
$11.8
$12.2
$11.9
$12.8
$13.2
Total assets                
$170.7
$174.7
$172.9
$170.8
$172.2
Goodwill                
(6.3)
(6.3)
(6.3)
(6.3)
(6.3)
Other intangible assets including MSRs                
(1.4)
(1.2)
(1.6)
(1.7)
(1.5)
MSRs
1.3
1.1
1.4
1.5
1.4
Tangible assets                
$164.2
$168.3
$166.4
$164.4
$165.7
Tangible equity to tangible assets
10.18
%
10.19
%
10.12 %
7.87 %
8.07 %
Tangible common equity to tangible assets
7.18 %
7.26 %
7.15 %
7.77 %
7.96 %
Tangible book value per common share
$23.58
$24.42
$23.76
$23.79
$24.57
NOTE:  Columns may not foot due to rounding