Company: MTB-PJ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000036270-25-000011
Chunk: 136

Company: M&T BANK CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 8
Chunk 136
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 bank investment securities in the Company's Consolidated Statement of Income. A summary of debt investment securities that as of June 30, 2025 and December 31, 2024 had been in a continuous unrealized loss position for less than twelve months and those that had been in a continuous unrealized loss position for twelve months or longer follows:Less Than 12 Months12 Months or More(Dollars in millions)FairValueUnrealizedLossesFairValueUnrealizedLossesJune 30, 2025Investment securities available for sale:U.S. Treasury$523 $1 $1,119 $5 Mortgage-backed securities:Government issued or guaranteed:Commercial624 4 — — Residential693 6 1,457 80 Other 1 — 1 — 1,841 11 2,577 85 Investment securities held to maturity:U.S. Treasury 50 — 385 8 Mortgage-backed securities:Government issued or guaranteed:Commercial— — 1,925 94 Residential649 4 6,591 756 State and political subdivisions35 — 2,000 102 734 4 10,901 960 Total$2,575 $15 $13,478 $1,045 December 31, 2024Investment securities available for sale:U.S. Treasury $1,971 $9 $2,554 $18 Mortgage-backed securities:Government issued or guaranteed:Commercial2,566 45 64 — Residential4,429 53 1,623 114 Other — — 2 — 8,966 107 4,243 132 Investment securities held to maturity:U.S. Treasury 50 — 951 14 Mortgage-backed securities:Government issued or guaranteed:Commercial— — 1,877 157 Residential996 19 6,811 942 State and political subdivisions39 1 2,131 116 1,085 20 11,770 1,229 Total$10,051 $127 $16,013 $1,361 

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3. Investment securities, continued

The Company owned 3,427 individual debt securities with aggregate gross unrealized losses of $1.1 billion at June 30