Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 229

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 2
Chunk 229
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.74 Total investment securities35,466 1,056 3.98 29,773 789 3.54 Total earning assets190,197 7,882 5.54 192,721 8,357 5.79 Goodwill8,465 8,465 Core deposit and other intangible assets86 126 Other assets11,141 9,696 Total assets$209,889 $211,008 Liabilities and shareholders’ equityInterest-bearing liabilities:Interest-bearing deposits:Savings and interest-checking deposits$103,407 $1,720 2.22 %$96,379 $1,888 2.62 %Time deposits14,166 366 3.46 19,138 622 4.34 Total interest-bearing deposits117,573 2,086 2.37 115,517 2,510 2.90 Short-term borrowings3,013 101 4.50 5,071 210 5.53 Long-term borrowings11,675 493 5.65 10,887 475 5.82 Total interest-bearing liabilities132,261 2,680 2.71 131,475 3,195 3.24 Noninterest-bearing deposits44,877 47,498 Other liabilities4,003 4,202 Total liabilities181,141 183,175 Shareholders’ equity28,748 27,833 Total liabilities and shareholders’ equity$209,889 $211,008 Net interest spread2.83 2.55 Contribution of interest-free funds.83 1.03 Net interest income/margin on earning assets$5,202 3.66 %$5,162 3.58 %Memo:Total deposits$162,450 $2,086 1.71 %$163,015 $2,510 2.06 %__________________________________________________________________________________

(a)Includes nonaccrual loans.

(b)Includes available-for-sale securities at amortized cost.

(c)Primarily government issued or guaranteed.

(d)The yield on state and political subdivision investment securities for the nine-month period ended September 30, 2025 reflects $18 million of lower taxable-equivalent interest income resulting from an alignment of amortization periods for certain municipal bonds obtained from the acquisition of People's United.

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