SunTrust 2011 Annual Report Download - page 61
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45
The following table shows our wholesale lending exposure at December 31 to selected industries:
Funded Exposures by Selected Industries
(Dollars in millions)
Real Estate
Consumer Products and Services
Health Care and Pharmaceuticals
Diversified Financials and Insurance
Government
Retailing
Automotive
Diversified Commercial Services and Supplies
Capital Goods
Energy and Utilities
Media and Telecommunication Services
Religious Organizations/Non-Profits
Materials
Transportation
Individuals, Investments, and Trusts
Technology (Hardware and Software)
Other Industries
Total
2011
Loans
$7,331
7,105
5,662
5,591
3,671
3,593
3,320
3,195
2,974
2,760
2,052
1,933
1,823
1,231
986
942
1,703
$55,872
% of Total
13%
13
10
10
7
6
6
6
5
5
4
3
3
2
2
2
3
100%
2010
Loans
$9,828
6,924
4,576
4,960
3,227
3,576
3,296
2,917
2,700
1,746
1,519
1,961
1,447
1,155
1,399
659
1,598
$53,488
Table 8
% of Total
18%
13
9
9
6
7
6
5
5
3
3
4
3
2
3
1
3
100%
The following table shows the percentage breakdown of our total LHFI portfolio at December 31 by geographic region.
Loan Types by Geography
Geography:
Central1
Florida2
MidAtlantic3
Other
Total
Commercial
2011
28%
20
26
26
100%
2010
29%
21
28
22
100%
Residential
2011
21%
27
36
16
100%
2010
20%
29
35
16
100%
Consumer
2011
14%
18
25
43
100%
Table 9
2010
14%
21
27
38
100%
1 The Central region includes Alabama, Arkansas, Georgia, Mississippi, and Tennessee.
2 The Florida region includes Florida only.
3 The MidAtlantic region includes the District of Columbia, Maryland, North Carolina, South Carolina, and Virginia.
ALLOWANCE FOR CREDIT LOSSES
At December 31, 2011, the allowance for credit losses was $2.5 billion, which consists of both the ALLL and the reserve for
unfunded commitments. See Note 1, “Significant Accounting Policies,” and Note 7, “Allowance for Credit Losses,” to the
Consolidated Financial Statements in this Form 10-K, as well as the “Allowance for Credit Losses” section within Critical
Accounting Policies in this MD&A for further information regarding our ALLL accounting policy, determination, and
allocation. As previously noted, while the reclassification of our loan types in 2010 had no effect on total loan charge-offs
and loan recoveries, SEC regulations require us, in some instances, to present five years of comparable data where trend
information may be deemed relevant, in which case we have provided the pre-adoption charge-off and recovery classifications
due to the inability to restate prior periods under the post-adoption classifications.