Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 141

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 8
Chunk 141
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,018 65 — 66 5,149 Residential (e)21,853 719 315 279 23,166 Consumer:   Home equity lines and loans4,482 29 — 81 4,592 Recreational finance12,429 104 — 31 12,564 Automobile4,724 58 — 12 4,794 Other2,134 23 8 55 2,220 Total$131,898 $1,655 $338 $1,690 $135,581 __________________________________________________________________________________(a)Balances include net discounts, comprised of unamortized premiums, discounts and net deferred loan fees and costs of $279 million and $277 million at September 30, 2025 and December 31, 2024, respectively.(b)Balances exclude accrued interest receivable of $619 million and $628 million at September 30, 2025 and December 31, 2024, respectively, which is included in Accrued interest and other assets in the Company's Consolidated Balance Sheet.(c)Commercial real estate loans held for sale were $278 million at September 30, 2025 and $310 million at December 31, 2024.(d)In June 2025, the Company sold $661 million of residential builder and developer loans and recognized a gain on sale of $15 million, which is included in Other revenues from operations in the Consolidated Statement of Income for the nine months ended September 30, 2025.(e)One-to-four family residential mortgage loans held for sale were $327 million at September 30, 2025 and $211 million at December 31, 2024.The amount of foreclosed property held by the Company, predominantly consisting of residential real estate, was $37 million and $35 million at September 30, 2025 and December 31, 2024, respectively. There were $180 million and $173 million at September 30, 2025 and December 31, 2024, respectively, of loans secured by residential real estate that were in the process of foreclosure. At September 30, 2025, approximately 46% of those residential real estate loans in the process of foreclosure were government guaranteed. 

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4. Loans and allowance for loan losses, continued

At September 30, 2025, approximately $21.