Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 209

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 8
Chunk 209
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 435 Health services1,554 239 32 271 2,038 560 25 585 Other202 30 1 31 287 30 1 31 Total permanent20,062 2,324 361 2,685 20,780 3,783 468 4,251 Construction/Development3,984 1,177 21 1,198 5,984 1,715 68 1,783 Total$24,046 $3,501 $382 $3,883 $26,764 $5,498 $536 $6,034 Criticized loans as a percent of total commercial real estate loans16.2 %22.6 %Commercial real estate loans weighted-average LTV ratio56 56 Commercial real estate criticized loans weighted-average LTV ratio66 63 

Loans to financial and insurance companies, motor vehicle and recreational finance dealers and the retail industry contributed to the modest increase in commercial and industrial criticized loans from December 31, 2024 to September 30, 2025, partially offset by lower criticized loans to the health services, manufacturing and transportation, communications and utilities industries. The $2.2 billion decline in commercial real estate criticized loans from December 31, 2024 to September 30, 2025 spanned most property types and also reflected lower criticized construction and development loans. At September 30, 2025, approximately 96% of criticized accrual loans and 37% of criticized nonaccrual loans were considered current with respect to their payment status.

For loans secured by residential real estate, the Company’s loss identification and estimation techniques make reference to loan performance and house price data in specific areas of the country where collateral securing those loans is located. For residential real estate-related loans, including home equity loans and lines of credit, the excess of the loan balance over the net realizable value of the property collateralizing the loan is charged-off when the loan becomes 150 days delinquent. Information about the location of nonaccrual loans secured by residential real estate at September 30, 2025 is presented in the following table.

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NONACCRUAL LOANS SECURED BY RESIDENTIAL REAL ESTATE

September 30, 2025Nonaccrual(Dollars in millions)Outstanding BalancesBalancesPercent of Outstanding BalancesResidential mortgage loans (a