M&t bank corporation (MTB)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Cash flows from operating activities
Net income

1,929

1,918

1,408

1,315

1,079

1,066

1,138

1,029

859

736

379

555

654

Adjustments to reconcile net income to net cash provided by operating activities
Provision for credit losses

176

132

168

190

170

124

185

204

270

368

604

412

192

Depreciation and amortization of premises and equipment

209

104

109

106

99

96

91

84

80

67

64

53

48

Amortization of capitalized servicing rights

71

49

56

50

49

68

65

59

55

56

62

65

62

Amortization of core deposit and other intangible assets

19

24

31

42

26

33

46

60

61

58

64

66

66

Provision for deferred income taxes

57

15

400

174

396

92

139

131

33

51

82

-17

-44

Asset write-downs

7

24

15

21

9

6

17

63

170

101

171

190

139

Net gain on sales of assets

-31

23

53

63

67

6

127

6

187

10

0

24

-5

Net change in accrued interest receivable, payable

-30

7

17

12

46

-15

10

13

27

9

38

-15

0

Net change in other accrued income and expense

-75

-13

201

-60

289

68

-71

200

-147

-144

154

201

-18

Net change in loans originated for sale

-130

150

-711

665

-323

350

674

924

-238

-202

57

-471

305

Net change in trading account assets and liabilities

382

11

-153

36

8

-21

11

-12

-69

89

-11

-41

-66

Net cash provided by operating activities

2,357

2,089

2,781

1,183

1,742

1,099

932

499

1,772

1,675

1,189

1,628

1,334

Cash flows from investing activities
Proceeds from sales of investment securities Available for sale

0

0

534

63

5,654

0

1,081

49

1,909

23

9

57

40

Proceeds from sales of investment securities equity and other

1,169

650

178

94

183

23

13

78

116

107

137

115

19

Proceeds from maturities of investment securities Available for sale

2,621

1,997

2,131

2,309

2,392

998

1,034

1,585

1,307

1,539

2,187

1,908

2,184

Proceeds from maturities of investment securities Held to maturity

1,162

478

528

609

662

468

287

329

272

248

125

92

46

Purchases of investment securities Available for sale

28

12

251

3,562

3,614

5,347

197

28

3,491

440

651

836

2,219

Purchases of investment securities Held to maturity

495

444

1,425

214

29

21

1,977

285

28

1,003

37

198

39

Purchases of investment securities equity and other

979

834

132

1

-

-

-

-

-

-

-

-

-

Purchases of investment securities Other

-

-

-

-

99

53

9

13

30

7

21

191

130

Net decrease in agreements to resell securities

-

-

-

-

-

-

-

-

15

-

90

-90

100

Net increase in loans and leases

2,795

475

-1,931

2,952

2,326

2,421

-123

5,672

2,233

201

-657

2,873

4,074

Net (increase) decrease in interest-bearing deposits at banks

915

-3,026

-78

2,593

6,445

-4,819

-1,521

25

2,552

32

-123

8

-

Other investments, net

-

-

-

-

-

-

-

-

-

-52

-35

-35

-309

Additions to capitalized servicing rights

-

-

-

-

-

-

-

-

-

-

-

24

53

Capital expenditures, net

178

97

78

107

81

73

129

91

70

70

58

72

56

Purchase of Wilmington Trust Corporation preferred stock

-

-

-

-

-

-

-

-

330

-

-

-

-

Net (increase) decrease in loan servicing advances

-470

307

37

170

448

-484

-1,004

-69

55

-

-

-

-

Acquisition of bank and bank holding company, net of cash acquired

-

-

-

-

1,932

-

-

-

-178

-213

-202

-

239

Proceeds from sales of real estate acquired in settlement of loans

-

-

-

-

-

-

-

-

-

89

90

-

-

Deposits and banking offices

-

-

-

-

-

-

-

-

-

-

-

-

12

Other, net

195

-47

-19

-277

-10

-19

-95

-32

-144

0

70

123

37

Net cash used by investing activities

727

-1,410

3,394

-720

7,714

-11,710

-2,203

-4,060

368

475

2,501

-2,263

-4,782

Cash flows from financing activities
Net increase in deposits

4,616

-2,272

-3,075

3,554

504

6,466

1,513

6,230

742

1,879

-528

1,317

-1,036

Net decrease in short-term borrowings

-4,336

4,223

11

-1,937

-2,167

-67

-814

292

-313

-1,522

-745

-2,811

2,324

Proceeds from long-term borrowings

-

1,773

2,145

-

1,500

4,345

799

-

-

-

-

3,850

3,550

Payments on long-term borrowings

1,553

1,459

3,433

1,119

8,912

426

261

2,080

1,809

2,514

2,390

2,216

528

Purchases of treasury stock

1,349

2,194

1,205

641

-

-

-

-

-

-

-

-

508

Proceeds from issuance of preferred stock

-

-

-

-

-

-

-

-

495

-

-

-

-

Dividends paid — common

552

510

457

441

375

371

365

357

350

335

325

308

281

Dividends paid — preferred

67

72

72

81

81

70

53

53

48

40

31

-

0

Proceeds from issuance of Series G preferred stock

-

-

-

-

-

346

-

-

-

-

-

600

0

Redemption of Series A and Series C preferred stock

381

-

-

500

-

-

-

-

370

-

-

-

-

Other, net

-25

17

10

161

69

88

137

63

31

69

9

5

70

Net cash provided (used) by financing activities

-3,253

-495

-6,076

-510

-9,462

10,311

957

4,095

-1,622

-2,463

-4,012

435

3,590

Net decrease in cash, cash equivalents and restricted cash

-169

184

100

-47

-5

-299

-313

534

518

-312

-321

-199

142

Supplemental disclosure of cash flow information
Interest received during the period

4,892

4,568

4,155

3,903

3,134

2,893

2,894

2,931

2,807

2,765

2,748

3,374

3,545

Interest paid during the period

735

516

405

498

400

257

301

371

440

490

704

1,363

1,683

Income taxes paid during the period

320

375

494

276

378

411

389

405

251

287

-19

290

370

Supplemental schedule of noncash investing and financing activities
Held-to-maturity investment securities

-

-

-

-

-

-

-

-

0

-

-

-

-

Capitalized servicing rights

-

-

-

-

-

-

-

-

0

-

0

8

7

Real estate acquired in settlement of loans

90

72

121

124

67

43

44

48

81

199

102

142

48

Common stock issued

-

-

-

-

3,110

-

-

-

405

-

272

-

277

Common stock awards converted

-

-

-

-

28

-

-

-

-

-

-

-

-

Loans held for sale transferred to loans held for investment

-

-

-

-

-

-

-

-

-

-

-

-

870

Fair value of Assets acquired (noncash)

-

-

-

-

36,567

-

-

-

-

-

-

-

3,744

Fair value of Liabilities assumed

-

-

-

-

31,496

-

-

-

-

-

-

-

-

Securitization of residential mortgage loans allocated to Available-for-sale investment securities

5

22

36

24

65

134

1,690

-

0

-360

140

866

942

Securitization of residential mortgage loans allocated to Held to maturity investment securities

-

-

-

-

-

-

1,245

-

-

-

-

-

-

Common stock options

-

-

-

-

-

-

-

-

-

-

1

-

0

Common stock warrants

-

-

-

-

-

-

-

-

-

-

6

-

0

Loans

-

-

-

-

-

-

-

-

-

423

-

-

-

Securitization of residential mortgage loans allocated to capitalized servicing rights

0

0

0

0

0

1

30

-

-

-

-

-

-

Adoption of lease accounting standard - Right-of-use assets

393

-

-

-

-

-

-

-

-

-

-

-

-

Adoption of lease accounting standard - Other liabilities

398

-

-

-

-

-

-

-

-

-

-

-

-

Additions to right-of-use assets under operating leases

132

-

-

-

-

-

-

-

-

-

-

-

-

Assets acquired (noncash)

-

-

-

-

-

-

-

-

10,666

342

6,581

-

-

Liabilities assumed

-

-

-

-

-

-

-

-

10,044

528

6,318

-

3,207

Preferred stock issued

-

-

-

-

-

-

-

-

-

-

155

-

0

Long-term borrowings

-

-

-

-

-

-

-

-

-

65

-

-

-

Accrued interest and other

-

-

-

-

-

-

-

-

-

2

-

-

-

Investment securities available for sale transferred to held to maturity

-

-

-

-

-

-

-

-

-

-

-

298

0

Series G Preferred Stock [Member]
Proceeds from issuance of Series G preferred stock

396

-

-

-

-

-

-

-

-

-

-

-

-

Series F Preferred Stock [Member]
Proceeds from issuance of Series F preferred stock

-

-

-

495

-

-

-

-

-

-

-

-

-