SunTrust 2015 Annual Report Download - page 45

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17
Item 1B. UNRESOLVED STAFF COMMENTS
None.
Item 2. PROPERTIES
Our principal executive offices are located in SunTrust Plaza,
Atlanta, Georgia. The 60-story office building is majority-owned
by SunTrust Banks, Inc. At December 31, 2015, the Bank
operated 1,401 full-service banking offices, of which 562 were
owned and the remainder were leased. Full-service banking
offices are located primarily in Florida, Georgia, Maryland,
North Carolina, South Carolina, Tennessee, Virginia, and the
District of Columbia. See Note 8, “Premises and Equipment,”
to the Consolidated Financial Statements in Item 8 of this Form
10-K for further discussion of our properties.
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, cash flows, or financial
condition. For additional information, see Note 19,
“Contingencies,” to the Consolidated Financial Statements in
Item 8 of this Form 10-K, which is incorporated herein by
reference.
Item 4. MINE SAFETY DISCLOSURES
Not applicable.