Company: MTB-PJ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001628280-25-022036
Chunk: 31

Company: M&T BANK CORP
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 1
Chunk 31
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 does not expect to collect the contractual cash flows owed under the loan agreement. The table that follows summarizes the Company’s loan modification activities to borrowers experiencing financial difficulty for the three-month periods ended March 31, 2025 and 2024:  Amortized Cost(Dollars in millions)Term ExtensionOther (a)Combination of Modification Types (b)Total (c) (d)Percent of Total Loan ClassThree Months Ended March 31, 2025Commercial and industrial$35 $2 $74 $111 .18 %Real estate:Commercial131 — — 131 .65 Residential builder and developer— — — — — Other commercial construction225 — — 225 4.53 Residential40 3 7 50 .22 Consumer:Home equity lines and loans— — — — — Recreational finance— — — — — Automobile— — — — — Other— — — — — Total$431 $5 $81 $517 .38 %Three Months Ended March 31, 2024Commercial and industrial$139 $45 $— $184 .32 %Real estate:Commercial267 — 3 270 1.07 Residential builder and developer2 — — 2 .18 Other commercial construction131 — — 131 2.11 Residential45 5 1 51 .22 Consumer:Home equity lines and loans— — — — — Recreational finance— — — — — Automobile— — — — — Other— — — — — Total$584 $50 $4 $638 .47 %__________________________________________________________________________________(a)Predominantly payment deferrals.(b)Predominantly term extensions combined with payment deferrals or interest rate reductions for the three-month periods ended March 31, 2025 and 2024, respectively.(c)Includes approximately $36 million and $44 million of loans guaranteed by government-related entities (predominantly first lien residential mortgage loans) for the three-month periods ended March 31, 2025 and 2024, respectively.(d)Excludes unfunded commitments to extend credit totaling $