Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 151

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 8
Chunk 151
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 $105 $668 $2,204 $60 Nine Months Ended September 30, 2025Beginning balance$769 $599 $108 $708 $2,184 $60 Provision for credit losses173 (60)(1)233 345 35 Net charge-offs:Charge-offs(196)(69)(4)(237)(506)— Recoveries57 6 4 71 138 — Net charge-offs(139)(63)— (166)(368)— Ending balance$803 $476 $107 $775 $2,161 $95 Nine Months Ended September 30, 2024Beginning balance$620 $764 $116 $629 $2,129 $60 Provision for credit losses365 (60)(11)176 470 — Net charge-offs:Charge-offs(220)(92)(4)(181)(497)— Recoveries27 27 4 44 102 — Net charge-offs  (193)(65)— (137)(395)— Ending balance$792 $639 $105 $668 $2,204 $60 __________________________________________________________________________________(a)Further information about unfunded credit commitments is included in note 14.

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4. Loans and allowance for loan losses, continued

Despite the allocation in the preceding tables, the allowance for loan losses is general in nature and is available to absorb losses from any loan or lease type. In determining the allowance for loan losses, accruing loans with similar risk characteristics are generally evaluated collectively. The Company utilizes statistically developed models to project principal balances over the remaining contractual lives of the loan portfolios and to determine estimated credit losses through a reasonable and supportable forecast period. Individual loan credit quality indicators, including loan grade and borrower repayment performance, can inform the models, which have been statistically developed based on historical correlations of credit losses with prevailing economic metrics, including unemployment, GDP and real estate prices. Model forecasts may be adjusted for inherent limitations or biases that have been identified through independent validation and back-testing of model performance to actual realized results. At each of September 30, 2025 and December 31, 2024, the Company utilized a reasonable and supportable forecast period of two years. Subsequent to this forecast period the Company reverted, ratably over a one-year period, to historical loss experience to inform its estimate of losses for the remaining