Company: MTB-PJ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001628280-25-022036
Chunk: 79

Company: M&T BANK CORP
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 1
Chunk 79
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 industrial loans. The Company's commercial real estate loan concentration approximated 133% of Tier 1 capital plus its allowable allowance for credit losses at March 31, 2025 and 136% at December 31, 2024, compared with 176% at March 31, 2024. The Company intentionally reduced its relative concentration of investor-owned commercial real estate loans throughout 2024.

The accompanying tables summarize the outstanding balances, and associated criticized balances, of commercial and industrial loans and leases by industry and commercial real estate loans by property type, respectively, at March 31, 2025 and December 31, 2024.

CRITICIZED COMMERCIAL AND INDUSTRIAL LOANS AND LEASES

March 31, 2025December 31, 2024(Dollars in millions)OutstandingCriticized AccrualCriticized NonaccrualTotal CriticizedOutstandingCriticized AccrualCriticized NonaccrualTotal CriticizedCommercial and industrial excluding    owner-occupied real estate by industry:Financial and insurance $11,234 $90 $33 $123 $11,479 $71 $35 $106 Services7,400 313 106 419 7,409 247 112 359 Motor vehicle and recreational    finance dealers6,700 594 24 618 7,229 527 38 565 Manufacturing6,040 371 104 475 6,077 394 116 510 Wholesale 4,045 324 29 353 4,057 334 28 362 Transportation, communications,    utilities3,579 275 71 346 3,567 286 62 348 Retail3,134 116 18 134 3,097 66 17 83 Construction2,126 175 32 207 2,143 155 44 199 Health services1,877 178 34 212 1,892 207 36 243 Real estate investors1,677 140 10 150 1,751 148 8 156 Other1,723 105 39 144 1,773 109 39 148 Total commercial and industrial    excluding owner-occupied real estate$49,535 $2,681 $500