Company: MTB-PJ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000036270-25-000011
Chunk: 8

Company: M&T BANK CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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3 $3 $1,007 __________________________________________________________________________________(a)Amortized cost balances of debt securities exclude accrued interest receivable of $190 million and $176 million at June 30, 2025 and December 31, 2024, respectively, which is included in Accrued interest and other assets in the Company's Consolidated Balance Sheet. 

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3. Investment securities, continued

Each of gross realized gains and gross realized losses from sales of investment securities for the three-month and six-month periods ended June 30, 2025 and 2024 were not material. Unrealized gains or losses on equity securities are included in Gain (loss) on bank investment securities in the Company's Consolidated Statement of Income. A summary of debt investment securities that as of June 30, 2025 and December 31, 2024 had been in a continuous unrealized loss position for less than twelve months and those that had been in a continuous unrealized loss position for twelve months or longer follows:Less Than 12 Months12 Months or More(Dollars in millions)FairValueUnrealizedLossesFairValueUnrealizedLossesJune 30, 2025Investment securities available for sale:U.S. Treasury$523 $1 $1,119 $5 Mortgage-backed securities:Government issued or guaranteed:Commercial624 4 — — Residential693 6 1,457 80 Other 1 — 1 — 1,841 11 2,577 85 Investment securities held to maturity:U.S. Treasury 50 — 385 8 Mortgage-backed securities:Government issued or guaranteed:Commercial— — 1,925 94 Residential649 4 6,591 756 State and political subdivisions35 — 2,000 102 734 4 10,901 960 Total$2,575 $15 $13,478 $1,045 December 31, 2024Investment securities available for sale:U.S. Treasury $1,971 $9 $2,554 $18 Mortgage-backed securities:Government issued or guaranteed:Commercial2,566 45 64 — Residential4,429 53 1,623 114 Other — — 2 — 8,966 107 4,243