Company: MTB-PJ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000036270-25-000024
Chunk: 8

Company: M&T BANK CORP
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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1 — — 1  12,711 19 806 11,924 Total debt securities$35,711 $255 $879 $35,087 Equity and other securities:Readily marketable equity — at fair value$257 $3 $2 $258 Other — at cost732 — — 732 Total equity and other securities$989 $3 $2 $990  December 31, 2024Investment securities available for sale:U.S. Treasury $7,945 $13 $27 $7,931 Mortgage-backed securities:    Government issued or guaranteed:    Commercial3,739 8 45 3,702 Residential7,368 13 167 7,214 Other2 — — 2 19,054 34 239 18,849 Investment securities held to maturity:U.S. Treasury 1,015 — 14 1,001 Mortgage-backed securities:Government issued or guaranteed:Commercial2,034 — 157 1,877 Residential8,773 — 961 7,812 Privately issued37 9 — 46 State and political subdivisions2,335 — 117 2,218 Other 1 — — 1 14,195 9 1,249 12,955 Total debt securities$33,249 $43 $1,488 $31,804 Equity and other securities:Readily marketable equity — at fair value$235 $3 $3 $235 Other — at cost772 — — 772 Total equity and other securities$1,007 $3 $3 $1,007 __________________________________________________________________________________(a)Amortized cost balances of debt securities exclude accrued interest receivable of $176 million at each of September 30, 2025 and December 31, 2024, which is included in Accrued interest and other assets in the Company's Consolidated Balance Sheet. 

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3. Investment securities, continued

A summary of debt investment securities that as of September 30, 2025 and December 31, 2024 had been in a continuous unrealized loss position for less than twelve months and those that had been in a continuous unrealized loss position for