Company: MTB-PJ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001628280-25-022036
Chunk: 222

Company: M&T BANK CORP
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 2
Chunk 222
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ARGE-OFF (RECOVERY) INFORMATION

Three Months EndedMarch 31, 2025December 31, 2024March 31, 2024(Dollars in millions)Net Charge-Offs (Recoveries)Annualized Percent of Average LoansNet Charge-Offs (Recoveries)Annualized Percent of Average LoansNet Charge-Offs (Recoveries)Annualized Percent of Average LoansCommercial and industrial $29 .20 %$87 .57 %$73 .51 %Real estate:Commercial19 .38 8 .13 8 .13 Residential builder and developer— — — — — .03 Other commercial construction— -.04 3 .22 11 .69 Residential— -.01 — .01 — -.01 Consumer:Home equity lines and loans— .03 — .04 — .02 Recreational finance31 1.00 32 1.05 21 .80 Automobile7 .54 10 .73 5 .46 Other28 5.19 20 3.74 20 4.03 Total$114 .34 %$160 .47 %$138 .42 %

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Asset quality 

A summary of nonperforming assets and certain past due loan data and credit quality ratios is presented in the accompanying table. 

NONPERFORMING ASSET AND PAST DUE LOAN DATA

(Dollars in millions)March 31, 2025December 31, 2024March 31, 2024Nonaccrual loans$1,540 $1,690 $2,302 Real estate and other foreclosed assets34 35 38 Total nonperforming assets$1,574 $1,725 $2,340 Accruing loans past due 90 days or more (a)$384 $338 $297 Government-guaranteed loans included in totals above:Nonaccrual loans$69 $69 $62 Accruing loans past due 90 days or more (a)368 318 244 Loans 30-89 days past due1,447 1,655 1,410 Nonaccrual loans as a percent of total loans and leases1