Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 24

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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 industrial$652 $108 $760 $787 $696 $8 $20 Real estate:       Commercial217 144 361 376 468 11 28 Residential builder and developer— — — 1 2 — — Other commercial construction13 8 21 23 66 2 2 Residential105 145 250 265 279 4 11 Consumer:       Home equity lines and loans37 40 77 75 81 2 6 Recreational finance20 9 29 25 31 — — Automobile8 2 10 9 12 — — Other4 — 4 12 55 — — Total$1,056 $456 $1,512 $1,573 $1,690 $27 $67 September 30, 2024June 30, 2024January 1, 2024Three 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