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Regions Financial Corporation And Subsidiaries Financial Supplement Third Quarter 2012

“As this quarter’s results show, our steady business performance and prudent investments are laying the foundation for long term growth,” said Grayson Hall, president and chief executive officer. “As the financial services industry manages through a prolonged and uneven economic recovery, we remain focused on our customers and finding more ways to help them succeed financially.”

Continued growth in middle market commercial and industrial and indirect auto lending partially offset other loan portfolio declines as customers continue to deleverage

Strong growth in indirect auto loan production and continued steady performance in commercial and industrial lending partially offset declines driven by anticipated runoff of real estate loans and continued deleveraging among both commercial clients and consumers. Average loans declined 1.3 percent sequentially driven by declines in investor real estate of 6.3 percent and commercial owner occupied loans of 3.1 percent. Investor real estate loan average balances have declined 28 percent since last year.

Commercial and industrial loans experienced continued growth in the third quarter, particularly in lending to middle market customers. Average loans in this category were up 1.5 percent compared to the prior quarter and 8.6 percent over last year. Total commercial and industrial commitments grew $986 million, or 3 percent linked quarter, while commercial loan production (including renewals) totaled $11.7 billion, of which $4 billion were new loan originations.

Consumer loan production totaled $3 billion in the third quarter, which is an increase of 7 percent over last quarter. Indirect auto loans experienced the highest quarter of loan production since the company re-entered the business with an increase in average balances of 6.3 percent. This was offset by declines in the residential mortgage and home equity portfolios. During the quarter Regions introduced a new home equity loan product to attract a new set of customers that will increase overall home equity production. Regions continues to deepen customer relationships and diversify our consumer loan portfolio through both the expansion of the indirect auto business and re-entry into the credit card business, which the company expects to grow incrementally over time.

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