About Manufacturers and Traders Trust Company

Manufacturers and Traders Trust Company was established on 1856. The bank's headquarters are located at 1 M And T Plz in Buffalo, New York. It has 5 branches.

Manufacturers and Traders Trust Company is an FDIC insured bank with FDIC number 588 managing assets to the value of $142,219,684 as of 12/31/2020.

Manufacturers and Traders Trust Company has a Texas ratio of 15.76%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

15.76%
Texas Ratio
FDIC Certificate #

588

Active Insured Since #

1/1/1934

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $142,219,684
Equity Capital $15,923,968
Total Deposits $121,149,476
Total Liabilities $126,295,716
Total Securities $6,639,022
Net Loans And Leases $96,699,551
Loan Loss Allowance $1,734,061
Total Loans And Leases $98,433,612
YTD (as of 12/31/2020)
Return On Assets 1.00%
Return On Equity 8.52%
Total Interest Income $4,185,724
Total Interest Expense $295,123
Total Non Interest Income $1,636,437
Total Non Interest Expense $2,989,343

Headquarters

1 M And T Plz 14203, Buffalo

Manufacturers and Traders Trust Company branches near me

269.18 miles
272.54 miles
255.90 miles
267.76 miles
273.73 miles

Total Loans and Leases Statistics

Total Loans and Leases $98,433,612 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

Manufacturers and Traders Trust Company Mortgage Loans Profile

Classic Bank

52.23%

Application Approval Rate

Classic Bank

$246,570

Average Mortgage Loan Amount

Classic Bank

44,417

Number of Loan Applications

Classic Bank

$131,005

Average Income of Applicants with Approved Loans

Classic Bank

1.79%

Average Cost of Loans

Classic Bank

35.23%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Erie

Number of Loan Applications
4,891
Average Loan Amount
$178,764
Approval Rate
75.08%
Average Income of Approved Loans’ Applicants
$101,729

2 Baltimore

Number of Loan Applications
1,533
Average Loan Amount
$180,169
Approval Rate
58.06%
Average Income of Approved Loans’ Applicants
$141,460

3 Monroe

Number of Loan Applications
1,506
Average Loan Amount
$114,942
Approval Rate
68.39%
Average Income of Approved Loans’ Applicants
$111,147

4 Onondaga

Number of Loan Applications
1,023
Average Loan Amount
$135,252
Approval Rate
61.97%
Average Income of Approved Loans’ Applicants
$118,871

5 York

Number of Loan Applications
1,005
Average Loan Amount
$114,712
Approval Rate
69.05%
Average Income of Approved Loans’ Applicants
$106,626

6 Baltimore City

Number of Loan Applications
903
Average Loan Amount
$135,556
Approval Rate
43.85%
Average Income of Approved Loans’ Applicants
$105,947

Top States by Number of Mortgage Loan Applications

1 New York

Number of Loan Applications
16,384
Average Loan Amount
$224,961
Approval Rate
62.71%
Average Income of Approved Loans’ Applicants
$118,366

2 Maryland

Number of Loan Applications
6,753
Average Loan Amount
$180,899
Approval Rate
54.75%
Average Income of Approved Loans’ Applicants
$131,612

3 Pennsylvania

Number of Loan Applications
5,955
Average Loan Amount
$160,931
Approval Rate
59.14%
Average Income of Approved Loans’ Applicants
$105,081

4 New Jersey

Number of Loan Applications
3,495
Average Loan Amount
$367,913
Approval Rate
42.63%
Average Income of Approved Loans’ Applicants
$191,263

5 Delaware

Number of Loan Applications
1,849
Average Loan Amount
$177,816
Approval Rate
63.76%
Average Income of Approved Loans’ Applicants
$139,414

6 Virginia

Number of Loan Applications
1,426
Average Loan Amount
$295,847
Approval Rate
42.22%
Average Income of Approved Loans’ Applicants
$176,956