Company: MTB-PJ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000036270-25-000011
Chunk: 155

Company: M&T BANK CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 8
Chunk 155
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 Automobile— — — — Other10 — — 10 Total$1,247 $109 $110 $1,466 Twelve Months Ended June 30, 2024Commercial and industrial$294 $15 $3 $312 Real estate:Commercial545 42 14 601 Residential builder and developer28 — — 28 Other commercial construction344 2 — 346 Residential (c)110 54 29 193 Consumer:Home equity lines and loans2 — — 2 Recreational finance— — — — Automobile— — — — Other— — — — Total$1,323 $113 $46 $1,482 __________________________________________________________________________________(a) At the respective period end.(b)        Loan modifications predominantly comprised of term extensions or term extensions combined with payment deferrals.(c)        Includes loans guaranteed by government-related entities classified as 30 to 89 days past due of $40 million and $45 million and as past due 90 days or more of $35 million and $27 million at June 30, 2025 and 2024, respectively.

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5. Borrowings

The following table summarizes the Company's short-term and long-term borrowings at June 30, 2025 and December 31, 2024.(Dollars in millions)June 30, 2025December 31, 2024Short-term borrowingsRepurchase agreements$71 $60 Advances from FHLB2,000 1,000 Total short-term borrowings$2,071 $1,060 Long-term borrowingsSenior notes — M&T$5,594 $4,710 Senior notes — M&T Bank3,744 3,745 Advances from FHLB4 2,004 Subordinated notes — M&T Bank485 474 Junior subordinated debentures — M&T (a)402 433 Asset-backed notes (a)2,141 1,229 Other10 10 Total long-term borrowings$12,380 $12,605 __________________________________________________________________________________(a) Further information about Junior Subordinated Debentures and asset-backed note financing transactions is provided in note 12.In June 2025, M&T issued $750 million of