Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 247

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 2
Chunk 247
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 $2.2 billion decline in commercial real estate criticized loans from December 31, 2024 to September 30, 2025 spanned most property types and also reflected lower criticized construction and development loans. At September 30, 2025, approximately 96% of criticized accrual loans and 37% of criticized nonaccrual loans were considered current with respect to their payment status.

For loans secured by residential real estate, the Company’s loss identification and estimation techniques make reference to loan performance and house price data in specific areas of the country where collateral securing those loans is located. For residential real estate-related loans, including home equity loans and lines of credit, the excess of the loan balance over the net realizable value of the property collateralizing the loan is charged-off when the loan becomes 150 days delinquent. Information about the location of nonaccrual loans secured by residential real estate at September 30, 2025 is presented in the following table.

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NONACCRUAL LOANS SECURED BY RESIDENTIAL REAL ESTATE

September 30, 2025Nonaccrual(Dollars in millions)Outstanding BalancesBalancesPercent of Outstanding BalancesResidential mortgage loans (a):New York$6,896 $101 1.46 %Mid-Atlantic (b)7,775 79 1.02 New England (c)6,536 42 .64 Other3,455 28 .80 Total$24,662 $250 1.01 %First lien home equity loans and lines of credit:New York$744 $14 1.92 %Mid-Atlantic (b)878 16 1.81 New England (c)423 4 1.03 Other23 3 11.94 Total$2,068 $37 1.80 %Junior lien home equity loans and lines of credit:New York$895 $17 1.84 %Mid-Atlantic (b)1,080 17 1.56 New England (c)657 6 .87 Other30 — .81 Total$2,662 $40 1.48 %__________________________________________________________________________________

(a)Includes $697 million of limited documentation first lien mortgage loans with nonaccrual loan balances totaling $48 million.

(b)Includes Delaware, Maryland, New Jersey, Pennsylvania, Virginia,