Company: MTB-PJ
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006267
Chunk: 159

Company: M&T BANK CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 7
Chunk 159
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2039Commercial and industrial$9,014 $14,920 $32,719 $4,085 $67 Commercial real estate48 10,020 12,696 3,493 16 Residential real estate6 1,069 3,597 8,316 9,895 Consumer556 1,955 7,519 8,898 5,050 Total$9,624 $27,964 $56,531 $24,792 $15,028 Floating or adjustable interest rates:Commercial and industrial$22,633 $1,893 $31 Commercial real estate10,345 2,330 11 Residential real estate1,116 2,724 4,063 Consumer962 169 3,402 Fixed or predetermined interest rates:Commercial and industrial10,086 2,192 36 Commercial real estate2,351 1,163 5 Residential real estate2,481 5,592 5,832 Consumer6,557 8,729 1,648 Total$56,531 $24,792 $15,028 

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(a)The data reflects contractually required payments, but excludes nonaccrual loans.

The Company enters into contractual obligations in the normal course of business that require future cash payments. Such obligations include, among others, payments related to deposits, borrowings, leases and other contractual commitments. The contractual amounts and timing of those payments as of December 31, 2024 are summarized in Table 36. Off-balance sheet commitments to customers may impact liquidity, including commitments to extend credit, standby letters of credit, commercial letters of credit, financial guarantees and indemnification contracts, and commitments to sell real estate loans. Because many of these commitments or contracts expire without being funded in whole or in part, the contract amounts are not necessarily indicative of future cash flows. Further discussion of these commitments is provided in note 20 of Notes to Financial Statements. Table 36 summarizes the Company's other commitments as of December 31, 2024 and the timing of the expiration of such commitments. 

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Table 36

CONTRACTUAL OBLIGATIONS AND OTHER COMMITMENTS

December 31, 2024(Dollars in millions)Less Than One YearOne to ThreeYearsThree to FiveYearsOver FiveYearsTotalPayments due for contractual obligations:Time deposits$13,