Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 26

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 1
Chunk 26
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4. Loans and allowance for loan losses, continued

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, 2024Commercial and industrial$92 $23 $2 $117 .19 %Real estate:Commercial163 1 — 164 .73 Residential builder and developer2 — — 2 .17 Other commercial construction2 — — 2 .03 Residential36 5 4 45 .20 Consumer:Home equity lines and loans— — — — — Recreational finance— — — — — Automobile— — — — — Other— — — — — Total$295 $29 $6 $330 .24 %Nine Months Ended September 30, 2024Commercial and industrial$190 $78 $2 $270 .44 %Real estate:Commercial420 1 4 425 1.90 Residential builder and developer13 — — 13 1.27 Other commercial construction139 — — 139 2.62 Residential128 12 6 146 .63 Consumer:Home equity lines and loans1 — 1 2 .04 Recreational finance1 — — 1 .01 Automobile— — — — — Other— — — — — Total$892 $91 $13 $996 .73 %__________________________________________________________________________________(a)Predominantly payment deferrals.(b)Predominantly term extensions combined with interest rate reductions.(c)Includes approximately $33 million and $117 million of loans guaranteed by government-related entities (predominantly first lien residential mortgage loans) for the three-month and nine-month periods ended September 30, 2024, respectively.(d)Excludes unfunded commitments to extend credit totaling $8 million and $43 million for the three-month and nine-month periods ended September 30, 2024, respectively.The following table summarizes the financial effects of the modifications on the weighted-average remaining term of modified loans for the three-month and nine-month periods ended September 30, 2025