Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 154

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 8
Chunk 154
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Three MonthsEndedSeptember 30,2024Nine MonthsEndedSeptember 30,2024Commercial and industrial$610 $200 $810 $805 $670 $5 $14 Real estate:Commercial348 230 578 707 869 5 31 Residential builder and developer2 — 2 2 3 1 1 Other commercial construction21 63 84 77 171 — 3 Residential135 141 276 260 270 4 11 Consumer:Home equity lines and loans39 43 82 79 81 2 4 Recreational finance17 11 28 25 36 — — Automobile8 3 11 11 14 — — Other55 — 55 58 52 — — Total$1,235 $691 $1,926 $2,024 $2,166 $17 $64 

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4. Loans and allowance for loan losses, continued

Loan modificationsDuring the normal course of business, the Company modifies loans to maximize recovery efforts from borrowers experiencing financial difficulty. Such loan modifications typically include extensions of maturity dates but may also include other modified terms. Those modified loans may be considered nonaccrual if the Company 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 and nine-month periods ended September 30, 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 September 30, 2025Commercial and industrial$12 $85 $3 $100 .16 %Real estate:Commercial130 — 26 156 .77 Residential builder and developer— — — — — Other commercial construction52 — — 52 1.33 Residential36 — 10 46 .18 Consumer:Home equity lines and loans— — 1 1 — Recreational finance1 — — 1 — Automobile— — — — — Other— — — — — Total