SunTrust 2008 Annual Report Download - page 27

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the purchase of similar securities. The value of such securities may be affected by, among other things, a lack of liquidity in
the market for these securities, deterioration in the credit quality of the underlying collateral, risks associated with the
financial guarantees insuring the securities, and/or the fact that the respective investment vehicle enters restructuring
proceedings. Such occurrences may materially adversely affect our financial condition, capital adequacy, and results of
operations.
Item 1B. UNRESOLVED STAFF COMMENTS
None.
Item 2. PROPERTIES
The Company’s headquarters is located in Atlanta, Georgia. As of December 31, 2008, SunTrust Bank owned 578 of its
1,692 full-service banking offices and leased the remaining banking offices. (See Note 8, “Premises and Equipment,” to the
Consolidated Financial Statements.)
Item 3. LEGAL PROCEEDINGS
The Company and its subsidiaries are parties to numerous claims and lawsuits arising in the normal course of its business
activities, some of which involve claims for substantial amounts. Although the ultimate outcome of these suits cannot be
ascertained at this time, it is the opinion of management that none of these matters, when resolved, will have a material effect
on the Company’s consolidated results of operations or financial position.
Item 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
There were no matters submitted to a vote of shareholders during the quarter ended December 31, 2008.
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