Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 46

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 1
Chunk 46
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 liabilities at September 30, 2025 and December 31, 2024 measured at estimated fair value on a recurring basis:(Dollars in millions)Fair Value MeasurementsLevel 1Level 2Level 3 (a)September 30, 2025    Trading account$95 $95 $— $— Investment securities available for sale:   U.S. Treasury6,620 — 6,620 — Mortgage-backed securities:    Government issued or guaranteed:   Commercial4,861 — 4,861 — Residential11,680 — 11,680 — Other2 — 2 —  23,163 — 23,163 — Equity securities258 258 — — Real estate loans held for sale605 — 605 — Other assets (b)253 — 248 5 Total assets$24,374 $353 $24,016 $5 Other liabilities (b)$480 $— $480 $— Total liabilities$480 $— $480 $— December 31, 2024    Trading account$101 $101 $— $— Investment securities available for sale:    U.S. Treasury7,931 — 7,931 — Mortgage-backed securities:    Government issued or guaranteed:    Commercial3,702 — 3,702 — Residential7,214 — 7,214 — Other 2 — 2 —  18,849 — 18,849 — Equity securities235 235 — — Real estate loans held for sale521 — 521 — Other assets (b)255 — 251 4 Total assets$19,961 $336 $19,621 $4 Other liabilities (b)$822 $— $790 $32 Total liabilities$822 $— $790 $32 __________________________________________________________________________________(a)Significant unobservable inputs used in the fair value measurement of certain commitments to originate real estate loans held for sale included weighted-average commitment expirations of 26% at September 30, 2025 and 6% at December 31, 2024. An increase (decrease) in the