SunTrust 2010 Annual Report Download - page 24

Additional Information
See also the following additional information which is incorporated herein by reference: Business Segments (under the
captions “Business Segments” in Item 7, the MD&A, and “Business Segment Reporting” in Note 22 to the Consolidated
Financial Statements in Item 8, Financial Statements and Supplementary Data); Net Interest Income (under the captions “Net
Interest Income/Margin” in the MD&A and “Selected Financial Data” in Item 6); Securities (under the caption “Securities
Available for Sale” in the MD&A and Note 5 to the Consolidated Financial Statements); Loans and Leases (under the
captions “Loans”, “Allowance for Credit Losses”, and “Nonperforming Assets” in the MD&A and “Loans” and “Allowance
for Credit Losses” in Notes 6 and 7, respectively, to the Consolidated Financial Statements); Deposits (under the caption
“Deposits” in the MD&A); Short-Term Borrowings (under the captions “Liquidity Risk” and “Short-Term Borrowings” in
the MD&A and “Other Short-Term Borrowings” in Note 10 to the Consolidated Financial Statements); Trading Activities
and Trading Assets and Liabilities (under the caption “Trading Assets and Liabilities” in the MD&A and “Trading Assets
and Liabilities” and “Fair Value Election and Measurement” in Notes 4 and 20, respectively, to the Consolidated Financial
Statements); Market Risk Management (under the caption “Market Risk Management” in the MD&A); Liquidity Risk
Management (under the caption “Liquidity Risk” in the MD&A); and Operational Risk Management (under the caption
“Operational Risk Management” in the MD&A).
SunTrust’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and amendments
to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act are available free of charge on the
Company’s web site at www.suntrust.com under the Investor Relations section as soon as reasonably practicable after the
Company electronically files such material with, or furnishes it to the SEC. The public may read and copy any materials the
Company files with the SEC at the SEC Public Reference Room at 100 F Street, NE, Washington, DC 20549. The public
may also obtain information on the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330. The
SEC also maintains an Internet site that contains reports, proxy and information statements, and other information regarding
issuers that file electronically with the SEC. The SEC’s web site address is www.sec.gov. In addition, SunTrust makes
available on its website at www.suntrust.com under the heading Corporate Governance its: (i) Code of Ethics; (ii) Corporate
Governance Guidelines; and (iii) the charters of SunTrust Board committees.
The Company’s Annual Report on Form 10-K is being distributed to shareholders in lieu of a separate annual report
containing financial statements of the Company and its consolidated subsidiaries.
Item 1A. RISK FACTORS
The risks described in this report are not the only risks we face. Additional risks that are not presently known, or that we
presently deem to be immaterial, also could have a material adverse effect on our financial condition, results of operations,
business, and prospects.
Recent Market, Legislative, and Regulatory Events
Difficult market conditions have adversely affected our industry.
Dramatic declines in the housing market over the past several years, with falling home prices and increasing foreclosures,
unemployment and under-employment, have negatively impacted the credit performance of real estate related loans and
resulted in significant write-downs of asset values by financial institutions. Persistent high unemployment and reduced
consumer confidence, has led to widespread reduction of business activity generally and an increased level of commercial
and consumer delinquencies, and increased market volatility. This has adversely affected our business, financial condition
and results of operations. A worsening of these conditions would likely exacerbate the adverse effects of these difficult
market conditions on us and others in the financial institutions industry.
Concerns over market volatility continue.
The capital and credit markets experienced unprecedented volatility and disruption during the financial crisis. In some cases,
the markets have produced downward pressure on asset prices and credit availability for certain issuers without regard to
those issuers’ underlying financial strength. While markets stabilized in 2010, there can be no assurance that periods of
market volatility and disruption will not occur and, if they do, that we will not experience an adverse effect, which may be
material, on our ability to access capital and on our business, financial condition and results of operations.
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