Company: MTB-PJ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000036270-25-000011
Chunk: 187

Company: M&T BANK CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 8
Chunk 187
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NUALIZED TAXABLE-EQUIVALENT RATES (continued)

Six Months EndedJune 30, 2025June 30, 2024(Dollars in millions)AverageBalanceInterestAverageRateAverageBalanceInterestAverageRateAssetsEarning assets:Loans (a):Commercial and industrial$61,046 $1,932 6.38 %$57,486 $2,005 7.01 %Commercial real estate25,794 809 6.24 32,077 1,032 6.37 Residential real estate23,431 525 4.48 23,071 496 4.30 Consumer24,856 809 6.57 21,558 705 6.58 Total loans135,127 4,075 6.08 134,192 4,238 6.35 Interest-bearing deposits at banks19,697 437 4.48 29,971 819 5.50 Trading account96 2 3.44 102 2 3.45 Investment securities (b):U.S. Treasury8,521 165 3.90 9,090 139 3.08 Mortgage-backed securities (c)23,021 463 4.02 16,168 274 3.39 State and political subdivisions (d)2,293 19 1.64 2,466 46 3.79 Other1,074 29 5.41 1,417 41 5.85 Total investment securities34,909 676 3.90 29,141 500 3.46 Total earning assets189,829 5,190 5.51 193,406 5,559 5.78 Goodwill8,465 8,465 Core deposit and other intangible assets90 133 Other assets10,912 9,725 Total assets$209,296 $211,729 Liabilities and shareholders’ equityInterest-bearing liabilities:Interest-bearing deposits:Savings and interest-checking deposits$102,770 $1,131 2.22 %$95,411 $1,233 2.60 %Time deposits14,255 247 3.50 20,192 442 4.41 Total interest-bearing deposits117,025 1,378