Manufacturers and Traders Trust Company ACH Number: 022000046
Manufacturers and Traders Trust Company is an FDIC insured institution headquartered at
1 M And T Plz, Buffalo, NY 14203.
It was founded in
1856 and has approximately $208 billion in
assets. Customers can open an account at one of its 869 branches.
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
97% of borrowers would recommend to friends or family
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
Overview 2024
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 588
Date Established
1856
Assets
$ 208.38 billion
Loans
$ 132.83 billion
Deposits
$ 163.72 billion
Capital
$ 26.71 billion
Summary Balance Sheet as of March 31, 2024
ASSETS
Cash & Balances due from depository institutions
$ 26.46 billion
Interest-bearing balances
$ 24.68 billion
Total securities
$ 28.89 billion
Federal funds sold and reverse repurchase
N.A.
Net loans and leases
$ 132.83 billion
Loan loss allowance
$ 2.20 billion
Trading account assets
$ 59.29 million
Bank premises and fixed assets
N.A.
Other real estate owned
$ 27.47 million
Goodwill and other intangibles
$ 9.11 billion
All other assets
$ 8.85 billion
Total Assets
$ 181.67 billion
LIABILITIES
Total deposits
$ 163.72 billion
Interest-bearing deposits
$ 115.08 billion
Deposits held in domestic offices
$ 163.69 billion
% insured (estimated)
55.17%
Federal funds purchased and repurchase agreements
$ 263.58 million
Trading liabilities
N.A.
Other borrowed funds
$ 771.72 million
Subordinated debt
$ 866.52 million
All other liabilities
$ 3.57 billionn
Total Liabilities
$ 181.67 billion
Shareholders’ Equity
$ 26.71 billion
Summary Income Statement as of March 31, 2024
INCOME AND EXPENSES
Total Interest Income
$ 5.53 billion
Total Interest Expense
$ 2.03 billion
Net interest income
$ 3.50 billion
Provision for loan and lease losses
$ 351.88 million
Total non interest income
$ 919.05 million
Total non interest expense
$ 2.50 billion
Pre-tax Net Operating Income
$ 735.74 million
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Branches
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