BB&T Corporation (BB&T) is a financial holding company. BB&T conducts its business operations primarily through its commercial bank subsidiary, Branch Bank, and other nonbank subsidiaries. The Company�s principal operating subsidiaries include Branch Banking and Trust Company, Winston-Salem, North Carolina; BB&T Securities, LLC, Richmond, Virginia; Regional Acceptance Corporation, Greenville, North Carolina; American Coastal Insurance Company, Davie, Florida, and Sterling Capital Management, LLC, Charlotte, North Carolina. BB&T�s operations are divided into six reportable business segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services and Financial Services. In April 2014, the Company�s subsidiary Seibels & Williams Inc acquired Caledonian Insurance Group Inc. of Mercer Island, near Seattle.