If any banker has the leeway to get a little cocky, it's Kelly S. King of BB&T Corp.

His company has consistently been among the strongest regional banking companies this credit cycle, but the Winston-Salem, N.C., company's president and chief executive offered a guarded forecast of credit quality, lending and real estate valuations Monday. Far from predicting the worst is over, King's remarks foreshadowed an indefinite case of the doldrums for the industry.

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