Company: MTB-PJ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001628280-25-022036
Chunk: 228

Company: M&T BANK CORP
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 2
Chunk 228
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 $3,370 $662 $4,032 $61,481 $3,185 $696 $3,881 

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CRITICIZED COMMERCIAL REAL ESTATE LOANS

March 31, 2025December 31, 2024(Dollars in millions)OutstandingCriticized AccrualCriticized NonaccrualTotal CriticizedOutstandingCriticized AccrualCriticized NonaccrualTotal CriticizedPermanent finance by property type:Apartments/Multifamily$5,593 $713 $94 $807 $5,628 $935 $114 $1,049 Retail/Service4,548 713 87 800 4,747 673 80 753 Office3,997 965 68 1,033 4,170 1,125 117 1,242 Industrial/Warehouse1,898 133 13 146 1,926 143 13 156 Hotel1,887 249 110 359 1,984 317 118 435 Health services1,883 463 21 484 2,038 560 25 585 Other290 30 1 31 287 30 1 31 Total permanent20,096 3,266 394 3,660 20,780 3,783 468 4,251 Construction/Development5,771 1,678 29 1,707 5,984 1,715 68 1,783 Total$25,867 $4,944 $423 $5,367 $26,764 $5,498 $536 $6,034 

Loans to motor vehicle and recreational finance dealers and to the services and retail industries contributed to the $151 million increase in commercial and industrial criticized loans from December 31, 2024 to March 31, 2025. The $667 million decline in commercial real estate criticized loans from December 31, 2024 to March 31, 2025 spanned most property types. At March 31, 2025, approximately 96% of criticized accrual loans and 55% of criticized nonaccrual loans were considered current with respect to their payment status. 

For loans secured by residential real estate the Company’s loss