Company: MTB-PJ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000036270-25-000011
Chunk: 186

Company: M&T BANK CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 8
Chunk 186
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81 34,480 340 4.00 Total earning assets190,535 2,618 5.51 189,116 2,572 5.52 Goodwill8,465 8,465 Core deposit and other intangible assets89 92 Other assets11,172 10,648 Total assets$210,261 $208,321 Liabilities and shareholders’ equityInterest-bearing liabilities:Interest-bearing deposits:Savings and interest-checking deposits$103,963 $579 2.24 %$101,564 $552 2.20 %Time deposits14,290 123 3.45 14,220 124 3.54 Total interest-bearing deposits118,253 702 2.38 115,784 676 2.37 Short-term borrowings3,327 37 4.49 2,869 32 4.52 Long-term borrowings10,936 157 5.72 11,285 157 5.65 Total interest-bearing liabilities132,516 896 2.71 129,938 865 2.70 Noninterest-bearing deposits45,153 45,436 Other liabilities3,926 3,949 Total liabilities181,595 179,323 Shareholders’ equity28,666 28,998 Total liabilities and shareholders’ equity$210,261 $208,321 Net interest spread2.80 2.82 Contribution of interest-free funds.82 .84 Net interest income/margin on earning assets$1,722 3.62 %$1,707 3.66 %Memo: Total deposits$163,406 $702 1.72 %$161,220 $676 1.70 %Total brokered deposits10,489 105 3.99 10,768 107 4.05 __________________________________________________________________________________

(a)Includes nonaccrual loans.

(b)Includes available-for-sale securities at amortized cost.

(c)Primarily government issued or guaranteed.

(d)The yield on state and political subdivision investment securities for the three-month period ended June 30, 2025 reflects $20 million of lower taxable-equivalent interest income resulting from an alignment of amortization periods for certain municipal bonds obtained from the acquisition of People's United.

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AVERAGE BALANCE SHEETS AND AN