Manufacturers and Traders Trust Company
Established in 1856
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
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, BuffaloManufacturers and Traders Trust Company branches near me
Total Loans and Leases Statistics
Total Loans and Leases $98,433,612 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020Manufacturers and Traders Trust Company Mortgage Loans Profile
52.23%
Application Approval Rate
$246,570
Average Mortgage Loan Amount
44,417
Number of Loan Applications
$131,005
Average Income of Applicants with Approved Loans
1.79%
Average Cost of Loans
35.23%
Average Debt to Income Ratio
Distribution of Mortgage Loans
Top Counties by Number of Mortgage Loan Applications
1 Erie
4,891
$178,764
75.08%
$101,729
2 Baltimore
1,533
$180,169
58.06%
$141,460
3 Monroe
1,506
$114,942
68.39%
$111,147
4 Onondaga
1,023
$135,252
61.97%
$118,871
5 York
1,005
$114,712
69.05%
$106,626
6 Baltimore City
903
$135,556
43.85%
$105,947
Top States by Number of Mortgage Loan Applications
1 New York
16,384
$224,961
62.71%
$118,366
2 Maryland
6,753
$180,899
54.75%
$131,612
3 Pennsylvania
5,955
$160,931
59.14%
$105,081
4 New Jersey
3,495
$367,913
42.63%
$191,263
5 Delaware
1,849
$177,816
63.76%
$139,414
6 Virginia
1,426
$295,847
42.22%
$176,956