M&T Bank (MTB) 10-Q 7 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Jul. 31, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Trading Symbol	MTB
Entity Registrant Name	M&T BANK CORP
Entity Central Index Key	36,270
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		151,931,921

Consolidated Balance Sheet (Una

Consolidated Balance Sheet (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets
Cash and due from banks	$ 1,344,478	$ 1,320,549
Interest-bearing deposits at banks	5,023,829	5,000,638
Federal funds sold	1,000
Trading Account	174,646	323,867
Investment securities (includes pledged securities that can be sold or repledged of $504,827 at June 30, 2017; $1,203,473 at December 31, 2016)
Available for sale (cost: $11,911,151 at June 30, 2017; $13,338,301 at December 31, 2016)	11,928,865	13,332,072
Held to maturity (fair value: $3,380,532 at June 30, 2017; $2,451,222 at December 31, 2016)	3,388,268	2,457,278
Other (fair value: $498,927 at June 30, 2017; $461,118 at December 31, 2016)	498,927	461,118
Total investment securities	15,816,060	16,250,468
Loans and leases	89,322,293	91,101,677
Unearned discount	(241,738)	(248,261)
Loans and leases, net of unearned discount	89,080,555	90,853,416
Allowance for credit losses	(1,008,225)	(988,997)
Loans and leases, net	88,072,330	89,864,419
Premises and equipment	673,552	675,263
Goodwill	4,593,112	4,593,112
Core deposit and other intangible assets	86,422	97,655
Accrued interest and other assets	5,111,138	5,323,235
Total assets	120,896,567	123,449,206
Liabilities
Noninterest-bearing deposits	32,366,426	32,813,896
Savings and interest-checking deposits	52,871,146	52,346,207
Time deposits	8,107,749	10,131,846
Deposits at Cayman Islands office	195,617	201,927
Total deposits	93,540,938	95,493,876
Federal funds purchased and agreements to repurchase securities	195,453	163,442
Other short-term borrowings	1,500,000
Accrued interest and other liabilities	1,727,059	1,811,431
Long-term borrowings	7,649,580	9,493,835
Total liabilities	104,613,030	106,962,584
Shareholders' equity
Preferred stock, $1.00 par, 1,000,000 shares authorized; Issued and outstanding: Liquidation preference of $1,000 per share: 731,500 shares at June 30, 2017 and December 31, 2016; Liquidation preference of $10,000 per share: 50,000 shares at June 30, 2017 and December 31, 2016	1,231,500	1,231,500
Common stock, $.50 par, 250,000,000 shares authorized, 159,821,693 shares issued at June 30, 2017; 159,945,678 shares issued at December 31, 2016	79,911	79,973
Common stock issuable, 28,835 shares at June 30, 2017; 32,403 shares at December 31, 2016	1,940	2,145
Additional paid-in capital	6,604,930	6,676,948
Retained earnings	9,685,478	9,222,488
Accumulated other comprehensive income (loss), net	(270,081)	(294,636)
Treasury stock - common, at cost - 7,311,105 shares at June 30, 2017; 3,764,742 shares at December 31, 2016	(1,050,141)	(431,796)
Total shareholders’ equity	16,283,537	16,486,622
Total liabilities and shareholders’ equity	$ 120,896,567	$ 123,449,206

Consolidated Balance Sheet (Un3

Consolidated Balance Sheet (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Pledged securities that can be sold or repledged	$ 504,827	$ 1,203,473
Investment securities, available for sale, amortized cost	11,911,151	13,338,301
Investment securities, held to maturity, fair value	3,380,532	2,451,222
Other, fair value	$ 498,927	$ 461,118
Preferred stock, par value	$ 1	$ 1
Preferred stock, shares authorized	1,000,000	1,000,000
Common stock, par value	$ 0.50	$ 0.50
Common stock, shares authorized	250,000,000	250,000,000
Common stock, shares issued	159,821,693	159,945,678
Common stock issuable, shares	28,835	32,403
Treasury stock, shares	7,311,105	3,764,742
Series A and Series C [Member]
Preferred stock, shares issued	731,500	731,500
Preferred stock, shares outstanding	731,500	731,500
Preferred stock, liquidation preference per share	$ 1,000	$ 1,000
Series D Preferred Stock [Member]
Preferred stock, shares issued		50,000
Preferred stock, shares outstanding		50,000
Preferred stock, liquidation preference per share		$ 10,000

Consolidated Statement of Incom

Consolidated Statement of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Interest income
Loans and leases, including fees	$ 924,640	$ 867,478	$ 1,822,678	$ 1,730,863
Investment securities
Fully taxable	92,996	91,184	188,120	189,199
Exempt from federal taxes	379	663	809	1,458
Deposits at banks	12,213	10,993	24,375	21,330
Other	185	303	464	605
Total interest income	1,030,413	970,621	2,036,446	1,943,455
Interest expense
Savings and interest-checking deposits	30,543	20,534	56,177	36,839
Time deposits	16,303	26,867	35,301	51,189
Deposits at Cayman Islands office	281	181	546	374
Short-term borrowings	378	1,143	594	3,305
Long-term borrowings	44,708	58,077	91,368	115,965
Total interest expense	92,213	106,802	183,986	207,672
Net interest income	938,200	863,819	1,852,460	1,735,783
Provision for credit losses	52,000	32,000	107,000	81,000
Net interest income after provision for credit losses	886,200	831,819	1,745,460	1,654,783
Other income
Mortgage banking revenues	86,163	89,383	170,855	171,446
Service charges on deposit accounts	106,057	103,872	210,233	206,277
Trust income	126,797	120,450	246,812	231,527
Brokerage services income	16,617	16,272	34,001	32,276
Trading account and foreign exchange gains	8,084	13,222	17,775	20,680
Gain (loss) on bank investment securities	(17)	264	(17)	268
Other revenues from operations	117,115	104,791	228,002	206,713
Total other income	460,816	448,254	907,661	869,187
Other expense
Salaries and employee benefits	398,900	398,675	848,762	830,460
Equipment and net occupancy	73,797	75,724	148,163	149,902
Outside data processing and software	44,575	42,509	88,876	85,524
FDIC assessments	25,353	22,370	54,180	47,595
Advertising and marketing	16,324	22,613	32,434	44,067
Printing, postage and supplies	8,957	9,907	18,665	21,893
Amortization of core deposit and other intangible assets	8,113	11,418	16,533	23,737
Other costs of operations	174,616	166,679	330,874	322,812
Total other expense	750,635	749,895	1,538,487	1,525,990
Income before taxes	596,381	530,178	1,114,634	997,980
Income taxes	215,328	194,147	384,654	363,421
Net income	381,053	336,031	729,980	634,559
Net income available to common shareholders
Basic	360,658	312,968	689,208	588,697
Diluted	$ 360,662	$ 312,974	$ 689,217	$ 588,707
Net income per common share
Basic	$ 2.36	$ 1.98	$ 4.49	$ 3.72
Diluted	2.35	1.98	4.47	3.71
Cash dividends per common share	$ 0.75	$ 0.70	$ 1.50	$ 1.40
Average common shares outstanding
Basic	152,857	157,802	153,638	158,268
Diluted	153,276	158,341	154,108	158,761

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement Of Partners Capital [Abstract]
Net income	$ 381,053	$ 336,031	$ 729,980	$ 634,559
Other comprehensive income, net of tax and reclassification adjustments:
Net unrealized gains on investment securities	16,932	47,270	15,576	144,464
Cash flow hedges adjustments	(955)	(23)	(978)	(47)
Foreign currency translation adjustment	1,150	(1,565)	1,626	(1,618)
Defined benefit plans liability adjustments	4,359	3,486	8,331	7,807
Total other comprehensive income	21,486	49,168	24,555	150,606
Total comprehensive income	$ 402,539	$ 385,199	$ 754,535	$ 785,165

Consolidated Statement of Cash

Consolidated Statement of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities
Net income	$ 729,980	$ 634,559
Adjustments to reconcile net income to net cash provided by operating activities
Provision for credit losses	107,000	81,000
Depreciation and amortization of premises and equipment	54,901	53,514
Amortization of capitalized servicing rights	27,984	24,648
Amortization of core deposit and other intangible assets	16,533	23,737
Provision for deferred income taxes	17,136	94,458
Asset write-downs	8,797	7,737
Net gain on sales of assets	(21,272)	(10,477)
Net change in accrued interest receivable, payable	(6,350)	2,358
Net change in other accrued income and expense	50,660	(32,180)
Net change in loans originated for sale	545,864	(188,771)
Net change in trading account assets and liabilities	92,054	(40,552)
Net cash provided by operating activities	1,623,287	650,031
Cash flows from investing activities
Proceeds from sales of investment securities Available for sale	512,129	4,970
Proceeds from sales of investment securities Other	31,016	85,389
Proceeds from maturities of investment securities Available for sale	1,151,982	1,067,100
Proceeds from maturities of investment securities Held to maturity	245,105	291,917
Purchases of investment securities Available for sale	(244,449)	(518,203)
Purchases of investment securities Held to maturity	(1,175,608)	(10,456)
Purchases of investment securities Other	(68,825)	(1,019)
Net decrease (increase) in loans and leases	1,134,470	(930,426)
Net increase in interest-bearing deposits at banks	(23,191)	(880,489)
Capital expenditures, net	(49,862)	(36,619)
Net decrease in loan servicing advances	104,289	119,190
Other, net	47,742	(98,452)
Net cash provided (used) by investing activities	1,664,798	(907,098)
Cash flows from financing activities
Net increase (decrease) in deposits	(1,949,877)	2,705,332
Net increase (decrease) in short-term borrowings	1,532,011	(1,693,603)
Proceeds from long-term borrowings	898,200
Payments on long-term borrowings	(2,728,059)	(322,591)
Purchases of treasury stock	(756,967)	(254,000)
Dividends paid — common	(230,652)	(223,179)
Dividends paid — preferred	(36,474)	(40,635)
Other, net	8,662	2,145
Net cash provided (used) by financing activities	(3,263,156)	173,469
Net increase (decrease) in cash and cash equivalents	24,929	(83,598)
Cash and cash equivalents at beginning of period	1,320,549	1,368,040
Cash and cash equivalents at end of period	1,345,478	1,284,442
Supplemental disclosure of cash flow information
Interest received during the period	2,038,009	1,947,027
Interest paid during the period	199,621	257,222
Income taxes paid during the period	321,106	105,361
Supplemental schedule of noncash investing and financing activities
Real estate acquired in settlement of loans	57,202	66,286
Securitization of residential mortgage loans allocated to Available-for-sale investment securities	10,025	13,923
Securitization of residential mortgage loans allocated to capitalized servicing rights	$ 106	$ 143

Consolidated Statement of Chang

Consolidated Statement of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Preferred Stock [Member]	Common Stock [Member]	Common Stock Issuable [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss), Net [Member]	Treasury Stock [Member]
Beginning balance at Dec. 31, 2015	$ 16,173,289	$ 1,231,500	$ 79,782	$ 2,364	$ 6,680,768	$ 8,430,502	$ (251,627)
Total comprehensive income	785,165					634,559	150,606
Preferred stock cash dividends	(40,635)					(40,635)
Exercise of stock warrants into common stock					(223)			$ 223
Purchases of treasury stock	(254,000)							(254,000)
Stock-based compensation plans:
Compensation expense, net	12,801		175		6,746			5,880
Exercises of stock options, net	5,562		18		1,642			3,902
Stock purchase plan	10,594				275			10,319
Directors' stock plan	1,053		2		500			551
Deferred compensation plans, net, including dividend equivalents	28		2	(163)	232	(47)		4
Other	731				731
Common stock cash dividends	(223,074)					(223,074)
Ending balance at Jun. 30, 2016	16,471,514	1,231,500	79,979	2,201	6,690,671	8,801,305	(101,021)	(233,121)
Beginning balance at Dec. 31, 2016	16,486,622	1,231,500	79,973	2,145	6,676,948	9,222,488	(294,636)	(431,796)
Total comprehensive income	754,535					729,980	24,555
Preferred stock cash dividends	(36,474)					(36,474)
Exercise of stock warrants into common stock					(10,443)			10,443
Purchases of treasury stock	(756,967)							(756,967)
Stock-based compensation plans:
Compensation expense, net	(2,521)		(62)		(58,749)			56,290
Exercises of stock options, net	57,074				(5,354)			62,428
Stock purchase plan	10,831				2,563			8,268
Directors' stock plan	965				173			792
Deferred compensation plans, net, including dividend equivalents	(55)			(205)	(208)	(43)		401
Common stock cash dividends	(230,473)					(230,473)
Ending balance at Jun. 30, 2017	$ 16,283,537	$ 1,231,500	$ 79,911	$ 1,940	$ 6,604,930	$ 9,685,478	$ (270,081)	$ (1,050,141)

Consolidated Statement of Chan8

Consolidated Statement of Changes in Shareholders' Equity (Unaudited) (Parenthetical) - $ / shares shares in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Common stock per share dividend amount	$ 1.50	$ 1.40
Retained Earnings [Member]
Common stock per share dividend amount	$ 1.50	$ 1.40
Series A Warrants [Member] | Common Stock [Member]
Exercise of warrants into shares of common stock	146,157	5,320
Exercise of warrants into shares of common stock	79,470	1,983

Significant accounting policies

Significant accounting policies	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Significant accounting policies	1. Significant accounting policies The consolidated financial statements of M&T Bank Corporation (“M&T”) and subsidiaries (“the Company”) were compiled in accordance with generally accepted accounting principles (“GAAP”) using the accounting policies set forth in note 1 of Notes to Financial Statements included in Form 10-K for the year ended December 31, 2016 (“2016 Annual Report”), except that effective January 2017 the Company adopted amended accounting guidance that is discussed in note 16 herein. The most significant of those changes related to the accounting for excess tax benefits or deficiencies associated with share-based compensation whereby beginning in 2017 those amounts are recognized in income tax expense. Previously, tax effects resulting from changes in M&T’s share price subsequent to the grant date were recorded through shareholders’ equity. The adoption of this new accounting guidance resulted in a reduction of income tax expense for the three months ended March 31, 2017 of $18 million, or $.12 of diluted earnings per common share. The impact on income tax expense and diluted earnings per common share in the second quarter of 2017 was not significant. In the opinion of management, all adjustments necessary for a fair presentation have been made and were all of a normal recurring nature.

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
Acquisitions	2. Acquisitions In connection with the acquisition of Hudson City Bancorp, Inc. (“Hudson City”) on November 1, 2015 the Company incurred merger-related expenses related to systems conversions and other costs of integrating and conforming acquired operations with and into the Company. Those expenses consisted largely of professional services and other temporary help fees associated with systems conversions and/or integration of operations; costs related to termination of existing contractual arrangements for various services; initial marketing and promotion expenses designed to introduce the Company to its new customers; severance (for former Hudson City employees); travel costs; and other costs of completing the transaction and commencing operations in new markets and offices. A summary of merger-related expenses included in the consolidated statement of income for the three-month and six-month periods ended June 30, 2016 follows: Three Months Ended June 30, 2016 Six Months Ended June 30, 2016 (In thousands) Salaries and employee benefits $ 60 $ 5,334 Equipment and net occupancy 339 1,278 Outside data processing and software 352 1,067 Advertising and marketing 6,327 10,522 Printing, postage and supplies 545 1,482 Other cost of operations 4,970 16,072 Total $ 12,593 $ 35,755 There were no merger-related expenses during the three-month or six-month periods ended June 30, 2017.

Investment securities

Investment securities	6 Months Ended
	Jun. 30, 2017
Investments Debt And Equity Securities [Abstract]
Investment securities	3. Investment securities The amortized cost and estimated fair value of investment securities were as follows: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value (In thousands) June 30, 2017 Investment securities available for sale: U.S. Treasury and federal agencies $ 2,118,665 39 10,838 $ 2,107,866 Obligations of states and political subdivisions 2,849 66 2 2,913 Mortgage-backed securities: Government issued or guaranteed 9,601,810 84,797 78,425 9,608,182 Privately issued 36 — 1 35 Other debt securities 133,959 2,923 11,059 125,823 Equity securities 53,832 30,680 466 84,046 11,911,151 118,505 100,791 11,928,865 Investment securities held to maturity: Obligations of states and political subdivisions 38,958 211 125 39,044 Mortgage-backed securities: Government issued or guaranteed 3,196,908 35,630 11,886 3,220,652 Privately issued 147,189 1,706 33,272 115,623 Other debt securities 5,213 — — 5,213 3,388,268 37,547 45,283 3,380,532 Other securities 498,927 — — 498,927 Total $ 15,798,346 156,052 146,074 $ 15,808,324 December 31, 2016 Investment securities available for sale: U.S. Treasury and federal agencies $ 1,912,110 386 9,952 $ 1,902,544 Obligations of states and political subdivisions 3,570 77 6 3,641 Mortgage-backed securities: Government issued or guaranteed 10,980,507 88,343 113,989 10,954,861 Privately issued 45 — 1 44 Other debt securities 134,105 1,407 16,996 118,516 Equity securities 307,964 45,073 571 352,466 13,338,301 135,286 141,515 13,332,072 Investment securities held to maturity: Obligations of states and political subdivisions 60,858 267 224 60,901 Mortgage-backed securities: Government issued or guaranteed 2,233,173 37,498 7,374 2,263,297 Privately issued 157,704 897 37,120 121,481 Other debt securities 5,543 — — 5,543 2,457,278 38,662 44,718 2,451,222 Other securities 461,118 — — 461,118 Total $ 16,256,697 173,948 186,233 $ 16,244,412 3. Investment securities, continued There were no significant gross realized gains or losses from sales of investment securities for the three-month and six-month periods ended June 30, 2017 and 2016, respectively. At June 30, 2017, the amortized cost and estimated fair value of debt securities by contractual maturity were as follows: Amortized Cost Estimated Fair Value (In thousands) Debt securities available for sale: Due in one year or less $ 393,523 392,835 Due after one year through five years 1,730,289 1,720,332 Due after five years through ten years 72,374 72,728 Due after ten years 59,287 50,707 2,255,473 2,236,602 Mortgage-backed securities available for sale 9,601,846 9,608,217 $ 11,857,319 11,844,819 Debt securities held to maturity: Due in one year or less $ 21,284 21,363 Due after one year through five years 16,110 16,068 Due after five years through ten years 1,564 1,613 Due after ten years 5,213 5,213 44,171 44,257 Mortgage-backed securities held to maturity 3,344,097 3,336,275 $ 3,388,268 3,380,532 3. Investment securities, continued A summary of investment securities that as of June 30, 2017 and December 31, 2016 had been in a continuous unrealized loss position for less than twelve months and those that had been in a continuous unrealized loss position for twelve months or longer follows: Less Than 12 Months 12 Months or More Fair Value Unrealized Losses Fair Value Unrealized Losses (In thousands) June 30, 2017 Investment securities available for sale: U.S. Treasury and federal agencies $ 1,952,450 (10,838 ) — — Obligations of states and political subdivisions — — 474 (2 ) Mortgage-backed securities: Government issued or guaranteed 4,560,342 (77,584 ) 89,307 (841 ) Privately issued — — 19 (1 ) Other debt securities 998 (2 ) 60,422 (11,057 ) Equity securities 18,066 (320 ) 154 (146 ) 6,531,856 (88,744 ) 150,376 (12,047 ) Investment securities held to maturity: Obligations of states and political subdivisions 8,698 (68 ) 8,496 (57 ) Mortgage-backed securities: Government issued or guaranteed 1,046,740 (11,324 ) 18,420 (562 ) Privately issued — — 58,671 (33,272 ) 1,055,438 (11,392 ) 85,587 (33,891 ) Total $ 7,587,294 (100,136 ) 235,963 (45,938 ) December 31, 2016 Investment securities available for sale: U.S. Treasury and federal agencies $ 1,710,241 (9,950 ) 2,295 (2 ) Obligations of states and political subdivisions — — 593 (6 ) Mortgage-backed securities: Government issued or guaranteed 6,730,829 (113,374 ) 81,003 (615 ) Privately issued — — 27 (1 ) Other debt securities 100 (1 ) 85,400 (16,995 ) Equity securities 17,776 (422 ) 151 (149 ) 8,458,946 (123,747 ) 169,469 (17,768 ) Investment securities held to maturity: Obligations of states and political subdivisions 17,988 (126 ) 11,891 (98 ) Mortgage-backed securities: Government issued or guaranteed 618,832 (6,842 ) 17,481 (532 ) Privately issued 17,911 (1,222 ) 57,016 (35,898 ) 654,731 (8,190 ) 86,388 (36,528 ) Total $ 9,113,677 (131,937 ) 255,857 (54,296 ) The Company owned 1,038 individual investment securities with aggregate gross unrealized losses of $146 million at June 30, 2017. Based on a review of each of the securities in the investment securities portfolio at June 30, 2017, the Company concluded that it expected to recover the amortized cost basis of its investment. As of June 30, 2017, the Company does not intend to sell nor is it anticipated that it would be required to sell any of its impaired 3. Investment securities, continued investment securities at a loss. At June 30, 2017, the Company has not identified events or changes in circumstances which may have a significant adverse effect on the carrying value of the $499 million of cost method investment securities.

Loans and leases and the allowa

Loans and leases and the allowance for credit losses	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Loans and leases and the allowance for credit losses	4. Loans and leases and the allowance for credit losses A summary of current, past due and nonaccrual loans as of June 30, 2017 and December 31, 2016 follows: Current 30-89 Days Past Due Accruing Loans Past Due 90 Days or More (a) Accruing Loans Acquired at a Discount Past Due 90 days or More (b) Purchased Impaired (c) Nonaccrual Total (In thousands) June 30, 2017 Commercial, financial, leasing, etc. $ 21,936,863 49,066 1,126 394 2,307 201,295 $ 22,191,051 Real estate: Commercial 25,237,177 256,218 19,187 11,644 24,518 201,518 25,750,262 Residential builder and developer 1,639,210 11,172 — 1,805 10,960 7,389 1,670,536 Other commercial construction 5,808,838 83,700 7,481 — 12,209 15,965 5,928,193 Residential 16,438,548 424,098 233,081 7,970 336,177 236,813 17,676,687 Residential — limited documentation 2,968,241 82,569 300 — 126,222 106,152 3,283,484 Consumer: Home equity lines and loans 5,337,934 32,378 773 11,632 — 77,471 5,460,188 Automobile 3,166,912 59,243 — 1 — 17,154 3,243,310 Other 3,814,045 26,617 3,513 24,052 — 8,617 3,876,844 Total $ 86,347,768 1,025,061 265,461 57,498 512,393 872,374 $ 89,080,555 December 31, 2016 Commercial, financial, leasing, etc. $ 22,287,857 53,503 6,195 417 641 261,434 $ 22,610,047 Real estate: Commercial 25,076,684 183,531 7,054 12,870 31,404 176,201 25,487,744 Residential builder and developer 1,884,989 4,667 5 1,952 14,006 16,707 1,922,326 Other commercial construction 5,985,118 77,701 922 198 14,274 18,111 6,096,324 Residential 17,631,377 485,468 281,298 11,537 378,549 229,242 19,017,471 Residential — limited documentation 3,239,344 88,366 — — 139,158 106,573 3,573,441 Consumer: Home equity lines and loans 5,502,091 44,565 — 12,678 — 81,815 5,641,149 Automobile 2,869,232 56,158 — 1 — 18,674 2,944,065 Other 3,491,629 31,286 5,185 21,491 — 11,258 3,560,849 Total $ 87,968,321 1,025,245 300,659 61,144 578,032 920,015 $ 90,853,416 (a) Excludes loans acquired at a discount. (b) Loans acquired at a discount that were recorded at fair value at acquisition date. This category does not include purchased impaired loans that are presented separately. (c) Accruing loans acquired at a discount that were impaired at acquisition date and recorded at fair value. 4. Loans and leases and the allowance for credit losses, continued One-to-four family residential mortgage loans held for sale were $340 million and $414 million at June 30, 2017 and December 31, 2016, respectively. Commercial real estate loans held for sale were $208 million at June 30, 2017 and $643 million at December 31, 2016. The outstanding principal balance and the carrying amount of loans acquired at a discount that were recorded at fair value at the acquisition date and included in the consolidated balance sheet were as follows: June 30, December 31, 2017 2016 (In thousands) Outstanding principal balance $ 1,842,739 2,311,699 Carrying amount: Commercial, financial, leasing, etc. 51,728 59,928 Commercial real estate 368,661 456,820 Residential real estate 717,139 799,802 Consumer 240,640 487,721 $ 1,378,168 1,804,271 Purchased impaired loans included in the table above totaled $512 million at June 30, 2017 and $578 million at December 31, 2016, representing less than 1% of the Company’s assets as of each date. A summary of changes in the accretable yield for loans acquired at a discount for the three months and six months ended June 30, 2017 and 2016 follows: Three Months Ended June 30, 2017 2016 Purchased Other Purchased Other Impaired Acquired Impaired Acquired (In thousands) Balance at beginning of period $ 143,454 181,310 $ 171,185 269,017 Interest income (10,806 ) (20,923 ) (14,060 ) (32,898 ) Reclassifications from nonaccretable balance 884 1,852 4,898 2,933 Other (a) — 860 — 6,143 Balance at end of period $ 133,532 163,099 $ 162,023 245,195 Six Months Ended June 30, 2017 2016 Purchased Other Purchased Other Impaired Acquired Impaired Acquired (In thousands) Balance at beginning of period $ 154,233 201,153 $ 184,618 296,434 Interest income (21,731 ) (46,441 ) (28,122 ) (70,760 ) Reclassifications from nonaccretable balance 1,030 5,035 5,527 8,597 Other (a) — 3,352 — 10,924 Balance at end of period $ 133,532 163,099 $ 162,023 245,195 (a) Other changes in expected cash flows including changes in interest rates and prepayment assumptions. 4. Loans and leases and the allowance for credit losses, continued Changes in the allowance for credit losses for the three months ended June 30, 2017 were as follows: Commercial, Financial, Real Estate Leasing, etc. Commercial Residential Consumer Unallocated Total (In thousands) Beginning balance $ 347,760 360,010 62,012 153,172 78,476 $ 1,001,430 Provision for credit losses 13,368 7,638 7,163 24,190 (359 ) 52,000 Net charge-offs Charge-offs (25,247 ) (1,853 ) (5,899 ) (28,683 ) — (61,682 ) Recoveries 3,433 434 2,730 9,880 — 16,477 Net charge-offs (21,814 ) (1,419 ) (3,169 ) (18,803 ) — (45,205 ) Ending balance $ 339,314 366,229 66,006 158,559 78,117 $ 1,008,225 Changes in the allowance for credit losses for the three months ended June 30, 2016 were as follows: Commercial, Financial, Real Estate Leasing, etc. Commercial Residential Consumer Unallocated Total (In thousands) Beginning balance $ 323,866 331,985 68,371 160,819 77,711 $ 962,752 Provision for credit losses (10,919 ) 15,823 4,404 22,681 11 32,000 Net charge-offs Charge-offs (7,487 ) (733 ) (5,090 ) (33,560 ) — (46,870 ) Recoveries 10,619 2,599 1,975 7,421 — 22,614 Net (charge-offs) recoveries 3,132 1,866 (3,115 ) (26,139 ) — (24,256 ) Ending balance $ 316,079 349,674 69,660 157,361 77,722 $ 970,496 Changes in the allowance for credit losses for the six months ended June 30, 2017 were as follows: Commercial, Financial, Real Estate Leasing, etc. Commercial Residential Consumer Unallocated Total (In thousands) Beginning balance $ 330,833 362,719 61,127 156,288 78,030 $ 988,997 Provision for credit losses 42,191 8,900 12,800 43,022 87 107,000 Net charge-offs Charge-offs (41,604 ) (7,298 ) (12,158 ) (63,186 ) — (124,246 ) Recoveries 7,894 1,908 4,237 22,435 — 36,474 Net charge-offs (33,710 ) (5,390 ) (7,921 ) (40,751 ) — (87,772 ) Ending balance $ 339,314 366,229 66,006 158,559 78,117 $ 1,008,225 4. Loans and leases and the allowance for credit losses, continued Changes in the allowance for credit losses for the six months ended June 30, 2016 were as follows: Commercial, Financial, Real Estate Leasing, etc. Commercial Residential Consumer Unallocated Total (In thousands) Beginning balance $ 300,404 326,831 72,238 178,320 78,199 $ 955,992 Provision for credit losses 13,445 19,836 5,622 42,574 (477 ) 81,000 Net charge-offs Charge-offs (13,636 ) (2,005 ) (12,062 ) (77,879 ) — (105,582 ) Recoveries 15,866 5,012 3,862 14,346 — 39,086 Net (charge-offs) recoveries 2,230 3,007 (8,200 ) (63,533 ) — (66,496 ) Ending balance $ 316,079 349,674 69,660 157,361 77,722 $ 970,496 Despite the allocation in the preceding tables, the allowance for credit losses is general in nature and is available to absorb losses from any loan or lease type. In establishing the allowance for credit losses, the Company estimates losses attributable to specific troubled credits identified through both normal and detailed or intensified credit review processes and also estimates losses inherent in other loans and leases on a collective basis. For purposes of determining the level of the allowance for credit losses, the Company evaluates its loan and lease portfolio by loan type. The amounts of loss components in the Company’s loan and lease portfolios are determined through a loan-by-loan analysis of larger balance commercial loans and commercial real estate loans that are in nonaccrual status and by applying loss factors to groups of loan balances based on loan type and management’s classification of such loans under the Company’s loan grading system. Measurement of the specific loss components is typically based on expected future cash flows, collateral values and other factors that may impact the borrower’s ability to pay. In determining the allowance for credit losses, the Company utilizes a loan grading system which is applied to commercial and commercial real estate credits on an individual loan basis. Loan officers are responsible for continually assigning grades to these loans based on standards outlined in the Company’s Credit Policy. Internal loan grades are also monitored by the Company’s credit review department to ensure consistency and strict adherence to the prescribed standards. Loan grades are assigned loss component factors that reflect the Company’s loss estimate for each group of loans and leases. Factors considered in assigning loan grades and loss component factors include borrower-specific information related to expected future cash flows and operating results, collateral values, geographic location, financial condition and performance, payment status, and other information; levels of and trends in portfolio charge-offs and recoveries; levels of and trends in portfolio delinquencies and impaired loans; changes in the risk profile of specific portfolios; trends in volume and terms of loans; effects of changes in credit concentrations; and observed trends and practices in the banking industry. As updated appraisals are obtained on individual loans or other events in the market place indicate that collateral values have significantly changed, individual loan grades are adjusted as appropriate. Changes in other factors cited may also lead to loan grade changes at any time. Except for consumer loans and residential real estate loans that are considered smaller balance homogenous loans and acquired loans that are evaluated on an aggregated basis, the Company considers a loan to be impaired for purposes of applying GAAP when, based on current information and events, it is probable that the Company will be unable to collect all amounts according to the contractual terms of the loan agreement or the loan is delinquent 90 days. Regardless of loan type, the Company considers a loan to be impaired if it qualifies as a troubled debt restructuring. Modified loans, including smaller balance homogenous loans, that are considered to be troubled debt restructurings are evaluated for impairment giving consideration to the impact of the modified loan terms on the present value of the loan’s expected cash flows. 4. Loans and leases and the allowance for credit losses, continued The following tables provide information with respect to loans and leases that were considered impaired as of June 30, 2017 and December 31, 2016 and for the three-month and six-month periods ended June 30, 2017 and 2016. June 30, 2017 December 31, 2016 Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance (In thousands) With an allowance recorded: Commercial, financial, leasing, etc. $ 162,881 186,158 50,377 168,072 184,432 48,480 Real estate: Commercial 91,624 107,191 11,047 71,862 86,666 11,620 Residential builder and developer 5,656 5,834 350 7,396 8,361 506 Other commercial construction 1,825 2,102 327 2,475 2,731 448 Residential 96,638 117,969 3,610 86,680 105,944 3,457 Residential — limited documentation 82,086 97,879 4,700 82,547 97,718 6,000 Consumer: Home equity lines and loans 47,890 52,611 8,791 44,693 48,965 8,027 Automobile 14,919 17,153 3,149 16,982 18,272 3,740 Other 3,354 5,656 687 3,791 5,296 776 506,873 592,553 83,038 484,498 558,385 83,054 With no related allowance recorded: Commercial, financial, leasing, etc. 63,884 85,046 — 100,805 124,786 — Real estate: Commercial 132,061 141,025 — 113,276 121,846 — Residential builder and developer 5,791 13,227 — 14,368 21,124 — Other commercial construction 14,382 33,641 — 15,933 35,281 — Residential 12,672 18,156 — 16,823 24,161 — Residential — limited documentation 10,900 18,313 — 15,429 24,590 — 239,690 309,408 — 276,634 351,788 — Total: Commercial, financial, leasing, etc. 226,765 271,204 50,377 268,877 309,218 48,480 Real estate: Commercial 223,685 248,216 11,047 185,138 208,512 11,620 Residential builder and developer 11,447 19,061 350 21,764 29,485 506 Other commercial construction 16,207 35,743 327 18,408 38,012 448 Residential 109,310 136,125 3,610 103,503 130,105 3,457 Residential — limited documentation 92,986 116,192 4,700 97,976 122,308 6,000 Consumer: Home equity lines and loans 47,890 52,611 8,791 44,693 48,965 8,027 Automobile 14,919 17,153 3,149 16,982 18,272 3,740 Other 3,354 5,656 687 3,791 5,296 776 Total $ 746,563 901,961 83,038 761,132 910,173 83,054 4. Loans and leases and the allowance for credit losses, continued Three Months Ended June 30, 2017 Three Months Ended June 30, 2016 Interest Income Recognized Interest Income Recognized Average Recorded Investment Total Cash Basis Average Recorded Investment Total Cash Basis (In thousands) Commercial, financial, leasing, etc. $ 230,767 805 805 291,970 5,700 5,700 Real estate: Commercial 200,005 813 813 175,028 611 611 Residential builder and developer 15,577 467 467 31,751 41 41 Other commercial construction 14,213 86 86 20,955 335 335 Residential 108,036 1,465 606 97,936 1,834 1,139 Residential — limited documentation 95,208 1,449 339 103,795 1,607 640 Consumer: Home equity lines and loans 46,872 422 91 34,234 323 98 Automobile 15,506 262 21 20,542 322 28 Other 3,468 75 3 11,169 121 36 Total $ 729,652 5,844 3,231 787,380 10,894 8,628 Six Months Ended June 30, 2017 Six Months Ended June 30, 2016 Interest Income Recognized Interest Income Recognized Average Recorded Investment Total Cash Basis Average Recorded Investment Total Cash Basis (In thousands) Commercial, financial, leasing, etc. $ 251,352 1,283 1,283 294,277 6,311 6,311 Real estate: Commercial 191,935 1,788 1,788 178,741 2,085 2,085 Residential builder and developer 17,552 896 896 32,750 83 83 Other commercial construction 14,922 933 933 18,911 373 373 Residential 106,166 3,101 1,380 97,362 3,206 2,021 Residential-limited documentation 96,033 2,949 723 105,634 3,079 1,270 Consumer: Home equity lines and loans 46,327 821 191 30,127 569 183 Automobile 15,931 537 40 21,252 661 64 Other 3,510 147 6 14,443 299 63 Total $ 743,728 12,455 7,240 793,497 16,666 12,453 4. Loans and leases and the allowance for credit losses, continued In accordance with the previously described policies, the Company utilizes a loan grading system that is applied to all commercial loans and commercial real estate loans. Loan grades are utilized to differentiate risk within the portfolio and consider the expectations of default for each loan. Commercial loans and commercial real estate loans with a lower expectation of default are assigned one of ten possible “pass” loan grades and are generally ascribed lower loss factors when determining the allowance for credit losses. Loans with an elevated level of credit risk are classified as “criticized” and are ascribed a higher loss factor when determining the allowance for credit losses. Criticized loans may be classified as “nonaccrual” if the Company no longer expects to collect all amounts according to the contractual terms of the loan agreement or the loan is delinquent 90 days or more. All larger- balance criticized commercial loans and commercial real estate loans are individually reviewed by centralized credit personnel each quarter to determine the appropriateness of the assigned loan grade, including whether the loan should be reported as accruing or nonaccruing. Smaller-balance criticized loans are analyzed by business line risk management areas to ensure proper loan grade classification. Furthermore, criticized nonaccrual commercial loans and commercial real estate loans are considered impaired and, as a result, specific loss allowances on such loans are established within the allowance for credit losses to the extent appropriate in each individual instance. The following table summarizes the loan grades applied to the various classes of the Company’s commercial loans and commercial real estate loans. Real Estate Commercial, Residential Other Financial, Builder and Commercial Leasing, etc. Commercial Developer Construction (In thousands) June 30, 2017 Pass $ 21,096,685 24,830,082 1,592,047 5,757,119 Criticized accrual 893,071 718,662 71,100 155,109 Criticized nonaccrual 201,295 201,518 7,389 15,965 Total $ 22,191,051 25,750,262 1,670,536 5,928,193 December 31, 2016 Pass $ 21,398,581 24,570,269 1,789,071 5,912,351 Criticized accrual 950,032 741,274 116,548 165,862 Criticized nonaccrual 261,434 176,201 16,707 18,111 Total $ 22,610,047 25,487,744 1,922,326 6,096,324 4. Loans and leases and the allowance for credit losses, continued In determining the allowance for credit losses, residential real estate loans and consumer loans are generally evaluated collectively after considering such factors as payment performance and recent loss experience and trends, which are mainly driven by current collateral values in the market place as well as the amount of loan defaults. Loss rates on such loans are determined by reference to recent charge-off history and are evaluated (and adjusted if deemed appropriate) through consideration of other factors including near-term forecasted loss estimates developed by the Company’s credit department. In arriving at such forecasts, the Company considers the current estimated fair value of its collateral based on geographical adjustments for home price depreciation/appreciation and overall borrower repayment performance. With regard to collateral values, the realizability of such values by the Company contemplates repayment of any first lien position prior to recovering amounts on a second lien position. However, residential real estate loans and outstanding balances of home equity loans and lines of credit that are more than 150 days past due are generally evaluated for collectability on a loan-by-loan basis giving consideration to estimated collateral values. The carrying value of residential real estate loans and home equity loans and lines of credit for which a partial charge-off has been recognized totaled $42 million and $26 million, respectively, at June 30, 2017 and $44 million and $32 million, respectively, at December 31, 2016. Residential real estate loans and home equity loans and lines of credit that were more than 150 days past due but did not require a partial charge-off because the net realizable value of the collateral exceeded the outstanding customer balance were $18 million and $37 million, respectively, at June 30, 2017 and $16 million and $39 million, respectively, at December 31, 2016. The Company also measures additional losses for purchased impaired loans when it is probable that the Company will be unable to collect all cash flows expected at acquisition plus additional cash flows expected to be collected arising from changes in estimates after acquisition. The determination of the allocated portion of the allowance for credit losses is very subjective. Given that inherent subjectivity and potential imprecision involved in determining the allocated portion of the allowance for credit losses, the Company also provides an inherent unallocated portion of the allowance. The unallocated portion of the allowance is intended to recognize probable losses that are not otherwise identifiable and includes management’s subjective determination of amounts necessary to provide for the possible use of imprecise estimates in determining the allocated portion of the allowance. Therefore, the level of the unallocated portion of the allowance is primarily reflective of the inherent imprecision in the various calculations used in determining the allocated portion of the allowance for credit losses. Other factors that could also lead to changes in the unallocated portion include the effects of expansion into new markets for which the Company does not have the same degree of familiarity and experience regarding portfolio performance in changing market conditions, the introduction of new loan and lease product types, and other risks associated with the Company’s loan portfolio that may not be specifically identifiable. 4. Loans and leases and the allowance for credit losses, continued The allocation of the allowance for credit losses summarized on the basis of the Company’s impairment methodology was as follows: Commercial, Financial, Real Estate Leasing, etc. Commercial Residential Consumer Total (In thousands) June 30, 2017 Individually evaluated for impairment $ 50,377 11,724 8,310 12,627 $ 83,038 Collectively evaluated for impairment 288,937 352,539 49,266 145,932 836,674 Purchased impaired — 1,966 8,430 — 10,396 Allocated $ 339,314 366,229 66,006 158,559 930,108 Unallocated 78,117 Total $ 1,008,225 December 31, 2016 Individually evaluated for impairment $ 48,480 12,500 9,457 12,543 $ 82,980 Collectively evaluated for impairment 282,353 348,301 47,993 143,745 822,392 Purchased impaired — 1,918 3,677 — 5,595 Allocated $ 330,833 362,719 61,127 156,288 910,967 Unallocated 78,030 Total $ 988,997 The recorded investment in loans and leases summarized on the basis of the Company’s impairment methodology was as follows: Commercial, Financial, Real Estate Leasing, etc. Commercial Residential Consumer Total (In thousands) June 30, 2017 Individually evaluated for impairment $ 226,765 251,339 202,296 66,163 $ 746,563 Collectively evaluated for impairment 21,961,979 33,049,965 20,295,476 12,514,179 87,821,599 Purchased impaired 2,307 47,687 462,399 — 512,393 Total $ 22,191,051 33,348,991 20,960,171 12,580,342 $ 89,080,555 December 31, 2016 Individually evaluated for impairment $ 268,877 224,630 201,479 65,466 $ 760,452 Collectively evaluated for impairment 22,340,529 33,222,080 21,871,726 12,080,597 89,514,932 Purchased impaired 641 59,684 517,707 — 578,032 Total $ 22,610,047 33,506,394 22,590,912 12,146,063 $ 90,853,416 During the normal course of business, the Company modifies loans to maximize recovery efforts. If the borrower is experiencing financial difficulty and a concession is granted, the Company considers such modifications as troubled debt restructurings and classifies those loans as either nonaccrual loans or renegotiated loans. The types of concessions that the Company grants typically include principal deferrals and interest rate concessions, but may also include other types of concessions. 4. Loans and leases and the allowance for credit losses, continued The tables that follow summarize the Company’s loan modification activities that were considered troubled debt restructurings for the three-month and six-month periods ended June 30, 2017 and 2016: Post-modification (a) Number Pre- modification recorded investment Principal Deferral Other Combination of Concession Types Total Three Months Ended June 30, 2017 (Dollars in thousands) Commercial, financial, leasing, etc. 63 $ 65,613 $ 8,172 $ 5,556 $ 35,232 $ 48,960 Real estate: Commercial 30 26,045 11,782 — 14,276 26,058 Other commercial construction 1 66 66 — — 66 Residential 30 7,956 2,982 — 5,486 8,468 Residential — limited documentation 7 1,831 235 — 1,660 1,895 Consumer: Home equity lines and loans 35 3,229 416 — 2,818 3,234 Automobile 22 428 380 — 48 428 Other 3 54 54 — — 54 Total 191 $ 105,222 $ 24,087 $ 5,556 $ 59,520 $ 89,163 Three Months Ended June 30, 2016 Commercial, financial, leasing, etc. 38 $ 60,990 $ 45,657 $ — $ 14,217 $ 59,874 Real estate: Commercial 16 14,643 2,710 4,576 7,008 14,294 Residential builder and developer 3 23,905 22,958 — — 22,958 Other commercial construction 2 374 250 — 124 374 Residential 16 2,006 1,040 — 1,122 2,162 Residential — limited documentation 2 151 195 — — 195 Consumer: Home equity lines and loans 32 3,806 69 — 3,737 3,806 Automobile 66 175 158 17 — 175 Other 41 620 551 20 49 620 Total 216 $ 106,670 $ 73,588 $ 4,613 $ 26,257 $ 104,458 4. Loans and leases and the allowance for credit losses, continued Post-modification (a) Number Pre- modification recorded investment Principal Deferral Other Combination of Concession Types Total Six Months Ended June 30, 2017 (Dollars in thousands) Commercial, financial, leasing, etc. 113 $ 77,534 $ 12,561 $ 6,362 $ 37,960 $ 56,883 Real estate: Commercial 50 32,747 14,773 — 17,882 32,655 Residential builder and developer 3 12,291 — — 10,879 10,879 Other commercial construction 2 168 168 — — 168 Residential 71 17,336 8,575 — 9,841 18,416 Residential — limited documentation 13 3,209 235 — 3,185 3,420 Consumer: Home equity lines and loans 60 5,731 579 491 4,666 5,736 Automobile 42 818 763 — 55 818 Other 5 80 80 — — 80 Total 359 $ 149,914 $ 37,734 $ 6,853 $ 84,468 $ 129,055 Six Months Ended June 30, 2016 Commercial, financial, leasing, etc. 69 $ 78,718 $ 58,378 $ — $ 20,169 $ 78,547 Real estate: Commercial 37 22,059 6,158 4,576 10,932 21,666 Residential builder and developer 3 23,905 22,958 — — 22,958 Other commercial construction 2 374 250 — 124 374 Residential 43 6,308 3,231 — 3,491 6,722 Residential — limited documentation 8 1,588 333 — 1,379 1,712 Consumer: Home equity lines and loans 58 6,637 404 — 6,233 6,637 Automobile 138 819 679 55 85 819 Other 77 1,166 925 45 196 1,166 Total 435 $ 141,574 $ 93,316 $ 4,676 $ 42,609 $ 140,601 (a) Financial effects impacting the recorded investment included principal payments or advances, charge-offs and capitalized escrow arrearages. The present value of interest rate concessions, discounted at the effective rate of the original loan, was not material. Troubled debt restructurings are considered to be impaired loans and for purposes of establishing the allowance for credit losses are evaluated for impairment giving consideration to the impact of the modified loan terms on the present value of the loan’s expected cash flows. Impairment of troubled debt restructurings that have subsequently defaulted may also be measured based on the loan’s observable market price or the fair value of collateral if the loan is collateral-dependent. Charge-offs may also be recognized on troubled debt restructurings that have subsequently defaulted. Loans that were modified as troubled debt restructurings during the twelve months ended June 30, 2017 and 2016 and for which there was a subsequent payment default during the six-month periods ended June 30, 2017 and 2016, respectively, were not material. 4. Loans and leases and the allowance for credit losses, continued The amount of foreclosed residential real estate property held by the Company totaled $100 million and $129 million at June 30, 2017 and December 31, 2016, respectively. There were $576 million and $506 million at June 30, 2017 and December 31, 2016, respectively, in loans secured by residential real estate that were in the process of foreclosure. Of all loans in the process of foreclosure at June 30, 2017, approximately 51% were classified as purchased impaired and 18% were government guaranteed.

Borrowings

Borrowings	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Borrowings	5. Borrowings During May 2017, M&T Bank, the principal bank subsidiary of M&T, issued $900 million of senior notes that mature in May 2022 pursuant to a Bank Note Program, of which $650 million have a 2.50% fixed interest rate and $250 million have a variable rate paid quarterly at rates that are indexed to the three-month London Interbank Offered Rate (“LIBOR”). During June 2017, M&T Bank redeemed $750 million of 1.40% fixed rate senior notes. The notes had a maturity date of July 25, 2017 and were redeemable on or after the 30 th M&T had $518 million of fixed and variable rate junior subordinated deferrable interest debentures ("Junior Subordinated Debentures") outstanding at June 30, 2017 that are held by various trusts that were issued in connection with the issuance by those trusts of preferred capital securities ("Capital Securities") and common securities ("Common Securities"). The proceeds from the issuances of the Capital Securities and the Common Securities were used by the trusts to purchase the Junior Subordinated Debentures. The Common Securities of each of those trusts are wholly owned by M&T and are the only class of each trust's securities possessing general voting powers. The Capital Securities represent preferred undivided interests in the assets of the corresponding trust. Under the Federal Reserve Board’s risk-based capital guidelines, the securities are includable in M&T’s Tier 2 regulatory capital. Holders of the Capital Securities receive preferential cumulative cash distributions unless M&T exercises its right to extend the payment of interest on the Junior Subordinated Debentures as allowed by the terms of each such debenture, in which case payment of distributions on the respective Capital Securities will be deferred for comparable periods. During an extended interest period, M&T may not pay dividends or distributions on, or repurchase, redeem or acquire any shares of its capital stock. In general, the agreements governing the Capital Securities, in the aggregate, provide a full, irrevocable and unconditional guarantee by M&T of the payment of distributions on, the redemption of, and any liquidation distribution with respect to the Capital Securities. The obligations under such guarantee and the Capital Securities are subordinate and junior in right of payment to all senior indebtedness of M&T. The Capital Securities will remain outstanding until the Junior Subordinated Debentures are repaid at maturity, are redeemed prior to maturity or are distributed in liquidation to the trusts. The Capital Securities are mandatorily redeemable in whole, but not in part, upon repayment at the stated maturity dates (ranging from 2027 to 2033) of the Junior Subordinated Debentures or the earlier redemption of the Junior Subordinated Debentures in whole upon the occurrence of one or more events set forth in the indentures relating to the Capital Securities, and in whole or in part at any time after an optional redemption prior to contractual maturity contemporaneously with the optional redemption of the related Junior Subordinated Debentures in whole or in part, subject to possible regulatory approval. 5. Borrowings, continued Also included in long-term borrowings are agreements to repurchase securities of $428 million and $1.1 billion at June 30, 2017 and December 31, 2016, respectively. The agreements reflect various repurchase dates through 2020, however, the contractual maturities of the underlying investment securities extend beyond such repurchase dates. The agreements are subject to legally enforceable master netting arrangements, however, the Company has not offset any amounts related to these agreements in its consolidated financial statements. The Company posted collateral consisting primarily of government guaranteed mortgage-backed securities of $448 million and $1.1 billion at June 30, 2017 and December 31, 2016, respectively .

Shareholders' equity

Shareholders' equity	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Shareholders' equity	6. Shareholders' equity M&T is authorized to issue 1,000,000 shares of preferred stock with a $1.00 par value per share. Preferred shares outstanding rank senior to common shares both as to dividends and liquidation preference, but have no general voting rights. Issued and outstanding preferred stock of M&T as of June 30, 2017 and December 31, 2016 is presented below: Shares Issued and Outstanding Carrying Value (Dollars in thousands) Series A (a) Fixed Rate Cumulative Perpetual Preferred Stock, $1,000 liquidation preference per share 230,000 $ 230,000 Series C (a) Fixed Rate Cumulative Perpetual Preferred Stock, $1,000 liquidation preference per share 151,500 $ 151,500 Series E (b) Fixed-to-Floating Rate Non-cumulative Perpetual Preferred Stock, $1,000 liquidation preference per share 350,000 $ 350,000 Series F (c) Fixed-to-Floating Rate Non-cumulative Perpetual Preferred Stock, $10,000 liquidation preference per share 50,000 $ 500,000 (a) Dividends, if declared, are paid at 6.375%. Warrants to purchase M&T common stock at $73.82 per share issued in connection with the Series A preferred stock expire in 2018 and totaled 485,637 at June 30, 2017. (b) Dividends, if declared, are paid semi-annually at a rate of 6.45% through February 14, 2024 and thereafter will be paid quarterly at a rate of the three-month LIBOR plus 361 basis points (hundredths of one percent). The shares are redeemable in whole or in part on or after February 15, 2024. Notwithstanding M&T’s option to redeem the shares, if an event occurs such that the shares no longer qualify as Tier 1 capital, M&T may redeem all of the shares within 90 days following that occurrence. (c) Dividends, if declared, are paid semi-annually at a rate of 5.125% through October 31, 2026 and thereafter will be paid quarterly at a rate of the three-month LIBOR plus 352 basis points. The shares are redeemable in whole or in part on or after November 1, 2026. Notwithstanding M&T’s option to redeem the shares, if an event occurs such that the shares no longer qualify as Tier 1 capital, M&T may redeem all of the shares within 90 days following that occurrence. In addition to the Series A warrants mentioned in (a) above, a warrant to purchase 95,440 shares of M&T common stock at $518.65 per share was outstanding at June 30, 2017. The obligation under that warrant was assumed by M&T in an acquisition and expires in 2018.

Pension plans and other postret

Pension plans and other postretirement benefits	6 Months Ended
	Jun. 30, 2017
Compensation And Retirement Disclosure [Abstract]
Pension plans and other postretirement benefits	7. Pension plans and other postretirement benefits The Company provides defined benefit pension and other postretirement benefits (including health care and life insurance benefits) to qualified retired employees. Net periodic defined benefit cost for defined benefit plans consisted of the following: Pension Benefits Other Postretirement Benefits Three Months Ended June 30 2017 2016 2017 2016 (In thousands) Service cost $ 5,189 6,137 202 340 Interest cost on projected benefit obligation 19,943 20,822 778 1,281 Expected return on plan assets (27,062 ) (26,423 ) — — Amortization of prior service cost (credit) 154 (789 ) (329 ) (330 ) Amortization of net actuarial loss (gain) 7,831 6,773 (469 ) 30 Net periodic benefit cost $ 6,055 6,520 182 1,321 Pension Benefits Other Postretirement Benefits Six Months Ended June 30 2017 2016 2017 2016 (In thousands) Service cost $ 10,097 12,519 585 798 Interest cost on projected benefit obligation 39,634 41,705 1,858 2,486 Expected return on plan assets (54,262 ) (54,237 ) — — Amortization of prior service cost (credit) 279 (1,614 ) (679 ) (680 ) Amortization of net actuarial loss (gain) 14,631 15,073 (494 ) 30 Net periodic benefit cost $ 10,379 13,446 1,270 2,634 Expense incurred in connection with the Company's defined contribution pension and retirement savings plans totaled $17,623,000 and $15,274,000 for the three months ended June 30, 2017 and 2016, respectively, and $37,042,000 and $32,964,000 for the six months ended June 30, 2017 and 2016, respectively.

Earnings per common share

Earnings per common share	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Earnings per common share	8. Earnings per common share The computations of basic earnings per common share follow: Three Months Ended June 30 Six Months Ended June 30 2017 2016 2017 2016 (In thousands, except per share) Income available to common shareholders: Net income $ 381,053 336,031 729,980 634,559 Less: Preferred stock dividends (a) (18,237 ) (20,317 ) (36,474 ) (40,635 ) Net income available to common equity 362,816 315,714 693,506 593,924 Less: Income attributable to unvested stock-based compensation awards (2,158 ) (2,746 ) (4,298 ) (5,227 ) Net income available to common shareholders $ 360,658 312,968 689,208 588,697 Weighted-average shares outstanding: Common shares outstanding (including common stock issuable) and unvested stock-based compensation awards 153,770 159,164 154,612 159,692 Less: Unvested stock-based compensation awards (913 ) (1,362 ) (974 ) (1,424 ) Weighted-average shares outstanding 152,857 157,802 153,638 158,268 Basic earnings per common share $ 2.36 1.98 4.49 3.72 (a) Including impact of not as yet declared cumulative dividends. The computations of diluted earnings per common share follow: Three Months Ended June 30 Six Months Ended June 30 2017 2016 2017 2016 (In thousands, except per share) Net income available to common equity $ 362,816 315,714 693,506 593,924 Less: Income attributable to unvested stock-based compensation awards (2,154 ) (2,740 ) (4,289 ) (5,217 ) Net income available to common shareholders $ 360,662 312,974 689,217 588,707 Adjusted weighted-average shares outstanding: Common and unvested stock-based compensation awards 153,770 159,164 154,612 159,692 Less: Unvested stock-based compensation awards (913 ) (1,362 ) (974 ) (1,424 ) Plus: Incremental shares from assumed conversion of stock-based compensation awards and warrants to purchase common stock 419 539 470 493 Adjusted weighted-average shares outstanding 153,276 158,341 154,108 158,761 Diluted earnings per common share $ 2.35 1.98 4.47 3.71 GAAP defines unvested share-based awards that contain nonforfeitable rights to dividends or dividend equivalents (whether paid or unpaid) as participating securities that shall be included in the computation of earnings per common share pursuant to the two-class method. The Company has issued stock-based compensation awards in the form of restricted stock and restricted stock units which, in accordance with GAAP, are considered participating securities. Stock-based compensation awards and warrants to purchase common stock of M&T representing 412,826 and 2,688,886 common shares during the three-month periods ended June 30, 2017 and 2016, respectively, and 402,367 and 2,764,731 common shares during the six-month periods ended June 30, 2017 and 2016, respectively, were not included in the computations of diluted earnings per common share because the effect on those periods would have been antidilutive.

Comprehensive income

Comprehensive income	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Comprehensive income	9. Comprehensive income The following tables display the components of other comprehensive income (loss) and amounts reclassified from accumulated other comprehensive income (loss) to net income: Investment Securities Defined Benefit Total Amount Income With OTTI (a) All Other Plans Other Before Tax Tax Net (In thousands) Balance — January 1, 2017 $ 46,725 (73,785 ) (449,917 ) (8,268 ) $ (485,245 ) 190,609 $ (294,636 ) Other comprehensive income before reclassifications: Unrealized holding gains (losses), net (13,802 ) 37,728 — — 23,926 (9,404 ) 14,522 Foreign currency translation adjustment — — — 2,502 2,502 (876 ) 1,626 Unrealized losses on cash flow hedges — — — (441 ) (441 ) 174 (267 ) Total other comprehensive income (loss) before reclassifications (13,802 ) 37,728 — 2,061 25,987 (10,106 ) 15,881 Amounts reclassified from accumulated other comprehensive income that (increase) decrease net income: Amortization of unrealized holding losses on held-to-maturity (“HTM”) securities — 1,721 — — 1,721 (b) (677 ) 1,044 (Gains) losses realized in net income (50 ) 67 — — 17 (c) (7 ) 10 Accretion of net gain on terminated cash flow hedges — — — (78 ) (78 ) (d) 31 (47 ) Net yield adjustment from cash flow hedges currently in effect — — — (1,094 ) (1,094 ) (b) 430 (664 ) Amortization of prior service credit — — (400 ) — (400 ) (e) 157 (243 ) Amortization of actuarial losses — — 14,137 — 14,137 (e) (5,563 ) 8,574 Total reclassifications (50 ) 1,788 13,737 (1,172 ) 14,303 (5,629 ) 8,674 Total gain (loss) during the period (13,852 ) 39,516 13,737 889 40,290 (15,735 ) 24,555 Balance — June 30, 2017 $ 32,873 (34,269 ) (436,180 ) (7,379 ) $ (444,955 ) 174,874 $ (270,081 ) Balance — January 1, 2016 $ 16,359 62,849 (489,660 ) (4,093 ) $ (414,545 ) 162,918 $ (251,627 ) Other comprehensive income before reclassifications: Unrealized holding gains, net 9,260 227,118 — — 236,378 (93,010 ) 143,368 Foreign currency translation adjustment — — — (2,489 ) (2,489 ) 871 (1,618 ) Total other comprehensive income (loss) before reclassifications 9,260 227,118 — (2,489 ) 233,889 (92,139 ) 141,750 Amounts reclassified from accumulated other comprehensive income that (increase) decrease net income: Accretion of unrealized holding losses on HTM securities — 2,081 — — 2,081 (b) (819 ) 1,262 Gains realized in net income — (268 ) — — (268 ) (c) 102 (166 ) Accretion of net gain on terminated cash flow hedges — — — (77 ) (77 ) (d) 30 (47 ) Amortization of prior service credit — — (2,294 ) — (2,294 ) (e) 902 (1,392 ) Amortization of actuarial losses — — 15,103 — 15,103 (e) (5,904 ) 9,199 Total reclassifications — 1,813 12,809 (77 ) 14,545 (5,689 ) 8,856 Total gain (loss) during the period 9,260 228,931 12,809 (2,566 ) 248,434 (97,828 ) 150,606 Balance — June 30, 2016 $ 25,619 291,780 (476,851 ) (6,659 ) $ (166,111 ) 65,090 $ (101,021 ) (a) Other-than-temporary impairment (b) Included in interest income (c) Included in gain (loss) on bank investment securities (d) Included in interest expense (e) Included in salaries and employee benefits expense 9. Comprehensive income, continued Accumulated other comprehensive income (loss), net consisted of the following: Investment Securities Defined Benefit With OTTI All Other Plans Other Total (In thousands) Balance — December 31, 2016 $ 28,338 (44,657 ) (272,874 ) (5,443 ) $ (294,636 ) Net gain (loss) during period (8,400 ) 23,976 8,331 648 24,555 Balance — June 30, 2017 $ 19,938 (20,681 ) (264,543 ) (4,795 ) $ (270,081 )

Derivative financial instrument

Derivative financial instruments	6 Months Ended
	Jun. 30, 2017
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivative financial instruments	10. Derivative financial instruments As part of managing interest rate risk, the Company enters into interest rate swap agreements to modify the repricing characteristics of certain portions of the Company’s portfolios of earning assets and interest-bearing liabilities. The Company designates interest rate swap agreements utilized in the management of interest rate risk as either fair value hedges or cash flow hedges. Interest rate swap agreements are generally entered into with counterparties that meet established credit standards and most contain master netting, collateral and/or settlement provisions protecting the at-risk party. Based on adherence to the Company’s credit standards and the presence of the netting, collateral or settlement provisions, the Company believes that the credit risk inherent in these contracts was not significant as of June 30, 2017. The net effect of interest rate swap agreements was to increase net interest income by $7 million and $10 million for the three-month periods ended June 30, 2017 and 2016, respectively, and $11 million and $20 million for the six-month periods ended June 30, 2017 and 2016, respectively. Information about interest rate swap agreements entered into for interest rate risk management purposes summarized by type of financial instrument the swap agreements were intended to hedge follows: Weighted- Average Rate Notional Amount Average Maturity Fixed Variable Estimated Fair Value Gain (a) (In (In years) (In thousands) June 30, 2017 Fair value hedges: Fixed rate long-term borrowings (b) $ 3,700,000 2.2 2.64 % 1.99 % $ 4,882 Cash flow hedges: Variable rate commercial real estate loans (b) 2,000,000 1.9 1.46 % 1.05 % — Total $ 5,700,000 2.1 $ 4,882 December 31, 2016 Fair value hedges: Fixed rate long-term borrowings (b) $ 900,000 1.1 3.75 % 2.08 % $ 11,892 (a) Effective January 2017 certain clearinghouse exchanges revised their rules such that certain required payments by counterparties for variation margin on derivative instruments that had been treated as collateral are now treated as settlements of those positions. The impact of such rule changes at June 30, 2017 was a reduction of the estimated fair value losses on interest rate swaps designated as fair value hedges of $2.9 million and of estimated fair value losses on interest rate swaps designated as cash flow hedges of $1.5 million. (b) Under the terms of these agreements, the Company receives settlement amounts at a fixed rate and pays at a variable rate. 10. Derivative financial instruments, continued The Company utilizes commitments to sell residential and commercial real estate loans to hedge the exposure to changes in the fair value of real estate loans held for sale. Such commitments have generally been designated as fair value hedges. The Company also utilizes commitments to sell real estate loans to offset the exposure to changes in fair value of certain commitments to originate real estate loans for sale. Derivative financial instruments used for trading account purposes included interest rate contracts, foreign exchange and other option contracts, foreign exchange forward and spot contracts, and financial futures. Interest rate contracts entered into for trading account purposes had notional values of $22.8 billion and $21.6 billion at June 30, 2017 and December 31, 2016, respectively. The notional amounts of foreign currency and other option and futures contracts entered into for trading account purposes aggregated $530 million and $471 million at June 30, 2017 and December 31, 2016, respectively. Information about the fair values of derivative instruments in the Company’s consolidated balance sheet and consolidated statement of income follows: Asset Derivatives Liability Derivatives Fair Value Fair Value June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016 (In thousands) Derivatives designated and qualifying as hedging instruments Fair value hedges: Interest rate swap agreements (a) $ 4,882 $ 11,892 $ — $ — Commitments to sell real estate loans (a) 1,249 33,189 993 1,347 Cash flow hedges: Interest rate swap agreements (a) — — — — 6,131 45,081 993 1,347 Derivatives not designated and qualifying as hedging instruments Mortgage-related commitments to originate real estate loans for sale (a) 12,847 8,060 422 735 Commitments to sell real estate loans (a) 3,776 5,210 832 399 Trading: Interest rate contracts (b) 113,905 228,810 111,819 167,737 Foreign exchange and other option and futures contracts (b) 5,968 7,908 5,390 6,639 136,496 249,988 118,463 175,510 Total derivatives $ 142,627 $ 295,069 $ 119,456 $ 176,857 (a) Asset derivatives are reported in other assets and liability derivatives are reported in other liabilities. (b) Asset derivatives are reported in trading account assets and liability derivatives are reported in other liabilities. The impact of the variation margin rule change at June 30, 2017 was a reduction of the estimated fair value of interest rate swaps in an asset position of $91.7 million and of those in a liability position of $32.0 million. 10. Derivative financial instruments, continued Amount of Gain (Loss) Recognized Three Months Ended June 30, 2017 Three Months Ended June 30, 2016 Derivative Hedged Item Derivative Hedged Item (In thousands) Derivatives in fair value hedging relationships Interest rate swap agreements: Fixed rate long-term borrowings (a) $ (5,795 ) 5,011 $ (7,611 ) 7,146 Derivatives not designated as hedging instruments Trading: Interest rate contracts (b) $ 831 $ 5,782 Foreign exchange and other option and futures contracts (b) 1,568 2,457 Total $ 2,399 $ 8,239 Amount of Gain (Loss) Recognized Six Months Ended June 30, 2017 Six Months Ended June 30, 2016 Derivative Hedged Item Derivative Hedged Item (In thousands) Derivatives in fair value hedging relationships Interest rate swap agreements: Fixed rate long-term borrowings (a) $ (9,914 ) 9,023 $ (10,244 ) 9,016 Derivatives not designated as hedging instruments Trading: Interest rate contracts (b) $ 2,781 $ 6,756 Foreign exchange and other option and futures contracts (b) 3,404 3,669 Total $ 6,185 $ 10,425 (a) Reported as other revenues from operations. (b) Reported as trading account and foreign exchange gains. The amount of gain (loss) recognized in the consolidated statement of income associated with derivatives designated as cash flow hedges was not material for the three and six months ended June, 30, 2017. The Company also has commitments to sell and commitments to originate residential and commercial real estate loans that are considered derivatives. The Company designates certain of the commitments to sell real estate loans as fair value hedges of real estate loans held for sale. The Company also utilizes commitments to sell real estate loans to offset the exposure to changes in the fair value of certain commitments to originate real estate loans for sale. As a result of these activities, net unrealized pre-tax gains related to hedged loans held for sale, commitments to originate loans for sale and commitments to sell loans were approximately $26 million and $28 million at June 30, 2017 and December 31, 2016, respectively. Changes in unrealized gains and losses are included in mortgage banking revenues and, in general, are realized in subsequent periods as the related loans are sold and commitments satisfied. The Company does not offset derivative asset and liability positions in its consolidated financial statements. The Company’s exposure to credit risk by entering into derivative contracts is mitigated through master netting agreements and collateral posting or settlement requirements. Master netting agreements covering interest rate and foreign exchange contracts with the same party include a right to set-off that becomes enforceable in the event of default, early termination or under other specific conditions. 10. Derivative financial instruments, continued The aggregate fair value of derivative financial instruments in a liability position, which are subject to enforceable master netting arrangements, was $22 million and $34 million at June 30, 2017 and December 31, 2016, respectively. After consideration of such netting arrangements for purposes of posting collateral, the net liability positions with counterparties aggregated $22 million and $30 million at June 30, 2017 and December 31, 2016, respectively. The Company was required to post collateral relating to those positions of $22 million and $27 million at June 30, 2017 and December 31, 2016, respectively. Certain of the Company’s derivative financial instruments contain provisions that require the Company to maintain specific credit ratings from credit rating agencies to avoid higher collateral posting requirements. If the Company’s debt rating were to fall below specified ratings, the counterparties of the derivative financial instruments could demand immediate incremental collateralization on those instruments in a net liability position. The aggregate fair value of all derivative financial instruments with such credit risk-related contingent features in a net liability position on June 30, 2017 was less than $1 million, for which the Company was not required to post collateral in the normal course of business. If the credit risk-related contingent features had been triggered on June 30, 2017, the Company would not have been required to post any collateral to counterparties. The aggregate fair value of derivative financial instruments in an asset position, which are subject to enforceable master netting arrangements, was $8 million and $15 million at June 30, 2017 and December 31, 2016, respectively. After consideration of such netting arrangements for purposes of posting collateral, the net asset positions with counterparties aggregated $8 million and $11 million at June 30, 2017 and December 31, 2016, respectively. Counterparties posted collateral relating to those positions of $2 million and $9 million at June 30, 2017 and December 31, 2016, respectively. Trading account interest rate swap agreements entered into with customers are subject to the Company’s credit risk standards and often contain collateral provisions. In addition to the derivative contracts noted above, the Company clears certain derivative transactions through a clearinghouse, rather than directly with counterparties. Those transactions cleared through a clearinghouse require initial margin collateral and variation margin payments depending on the contracts being in a net asset or liability position. The amount of initial margin collateral posted by the Company was $64 million and $111 million at June 30, 2017 and December 31, 2016, respectively. The fair value asset and liability amounts of derivative contracts at June 30, 2017 have been reduced by variation margin payments treated as settlements of $92 million and $36 million, respectively. Variation margin on derivative contracts not treated as settlements continues to represent collateral posted or received by the Company. For those contracts, the net fair values of derivative financial instruments cleared through clearinghouses for which variation margin is required was a net asset position of $1 million and $63 million at June 30, 2017 and December 31, 2016, respectively. Collateral posted by the clearinghouses associated with that net asset position was $1 million and $81 million at June 30, 2017 and December 31, 2016, respectively .

Variable interest entities and

Variable interest entities and asset securitizations	6 Months Ended
	Jun. 30, 2017
Text Block [Abstract]
Variable interest entities and asset securitizations	11. Variable interest entities and asset securitizations As described in note 5, M&T has issued junior subordinated debentures payable to various trusts that have issued Capital Securities. M&T owns the common securities of those trust entities. The Company is not considered to be the primary beneficiary of those entities and, accordingly, the trusts are not included in the Company’s consolidated financial statements. At June 30, 2017 and December 31, 2016, the Company included the junior subordinated debentures as “long-term borrowings” in its consolidated balance sheet and recognized $24 million in other assets for its “investment” in the common securities of the trusts that will be concomitantly repaid to M&T by the respective trust from the proceeds of M&T’s repayment of the junior subordinated debentures associated with preferred capital securities described in note 5. 11. Variable interest entities and asset securitizations, continued The Company has invested as a limited partner in various partnerships that collectively had total assets of approximately $1.1 billion and $1.0 billion at June 30, 2017 and December 31, 2016, respectively. Those partnerships generally construct or acquire properties for which the investing partners are eligible to receive certain federal income tax credits in accordance with government guidelines. Such investments may also provide tax deductible losses to the partners. The partnership investments also assist the Company in achieving its community reinvestment initiatives. As a limited partner, there is no recourse to the Company by creditors of the partnerships. However, the tax credits that result from the Company’s investments in such partnerships are generally subject to recapture should a partnership fail to comply with the respective government regulations. The Company’s maximum exposure to loss of its investments in such partnerships was $331 million, including $122 million of unfunded commitments, at June 30, 2017 and $294 million, including $102 million of unfunded commitments, at December 31, 2016. Contingent commitments to provide additional capital contributions to these partnerships were not material at June 30, 2017. The Company has not provided financial or other support to the partnerships that was not contractually required. Management currently estimates that no material losses are probable as a result of the Company’s involvement with such entities. The Company, in its position as limited partner, does not direct the activities that most significantly impact the economic performance of the partnerships and, therefore, in accordance with the accounting provisions for variable interest entities, the partnership entities are not included in the Company’s consolidated financial statements. The Company’s investment cost is amortized to income taxes in the consolidated statement of income as tax credits and other tax benefits resulting from deductible losses associated with the projects are received. The Company amortized $11 million and $24 million of its investments in qualified affordable housing projects to income tax expense during the three-month and six-month periods ended June 30, 2017, respectively, and recognized $15 million and $31 million of tax credits and other tax benefits during those respective periods. Similarly, for the three-month and six-month periods ended June 30, 2016, the Company amortized $11 million and $22 million, respectively, of its investments in qualified affordable housing projects to income tax expense and recognized $14 million and $28 million of tax credits and other tax benefits during those respective periods. The Company serves as investment advisor for certain registered money-market funds. The Company has no explicit arrangement to provide support to those funds, but may waive portions of its allowable management fees as a result of market conditions .

Fair value measurements

Fair value measurements	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Fair value measurements	12. Fair value measurements GAAP permits an entity to choose to measure eligible financial instruments and other items at fair value. The Company has not made any fair value elections at June 30, 2017. Pursuant to GAAP, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A three-level hierarchy exists in GAAP for fair value measurements based upon the inputs to the valuation of an asset or liability. • Level 1 — Valuation is based on quoted prices in active markets for identical assets and liabilities. • Level 2 — Valuation is determined from quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar instruments in markets that are not active or by model-based techniques in which all significant inputs are observable in the market. • Level 3 — Valuation is derived from model-based and other techniques in which at least one significant input is unobservable and which may be based on the Company's own estimates about the assumptions that market participants would use to value the asset or liability. When available, the Company attempts to use quoted market prices in active markets to determine fair value and classifies such items as Level 1 or Level 2. If quoted market prices in active markets are not available, fair value 12. Fair value measurements, continued is often determined using model-based techniques incorporating various assumptions including interest rates, prepayment speeds and credit losses. Assets and liabilities valued using model-based techniques are classified as either Level 2 or Level 3, depending on the lowest level classification of an input that is considered significant to the overall valuation. The following is a description of the valuation methodologies used for the Company's assets and liabilities that are measured on a recurring basis at estimated fair value. Trading account assets and liabilities Trading account assets and liabilities consist primarily of interest rate swap agreements and foreign exchange contracts with customers who require such services with offsetting positions with third parties to minimize the Company's risk with respect to such transactions. The Company generally determines the fair value of its derivative trading account assets and liabilities using externally developed pricing models based on market observable inputs and, therefore, classifies such valuations as Level 2. Mutual funds held in connection with deferred compensation and other arrangements have been classified as Level 1 valuations. Valuations of investments in municipal and other bonds can generally be obtained through reference to quoted prices in less active markets for the same or similar securities or through model-based techniques in which all significant inputs are observable and, therefore, such valuations have been classified as Level 2. Investment securities available for sale The majority of the Company's available-for-sale investment securities have been valued by reference to prices for similar securities or through model-based techniques in which all significant inputs are observable and, therefore, such valuations have been classified as Level 2. Certain investments in mutual funds and equity securities are actively traded and, therefore, have been classified as Level 1 valuations. Real estate loans held for sale The Company utilizes commitments to sell real estate loans to hedge the exposure to changes in fair value of real estate loans held for sale. The carrying value of hedged real estate loans held for sale includes changes in estimated fair value during the hedge period. Typically, the Company attempts to hedge real estate loans held for sale from the date of close through the sale date. The fair value of hedged real estate loans held for sale is generally calculated by reference to quoted prices in secondary markets for commitments to sell real estate loans with similar characteristics and, accordingly, such loans have been classified as a Level 2 valuation. Commitments to originate real estate loans for sale and commitments to sell real estate loans The Company enters into various commitments to originate real estate loans for sale and commitments to sell real estate loans. Such commitments are considered to be derivative financial instruments and, therefore, are carried at estimated fair value on the consolidated balance sheet. The estimated fair values of such commitments were generally calculated by reference to quoted prices in secondary markets for commitments to sell real estate loans to certain government-sponsored entities and other parties. The fair valuations of commitments to sell real estate loans generally result in a Level 2 classification. The estimated fair value of commitments to originate real estate loans for sale are adjusted to reflect the Company's anticipated commitment expirations. The estimated commitment expirations are considered significant unobservable inputs contributing to the Level 3 classification of commitments to originate real estate loans for sale. Significant unobservable inputs used in the determination of estimated fair value of commitments to originate real estate loans for sale are included in the accompanying table of significant unobservable inputs to Level 3 measurements. Interest rate swap agreements used for interest rate risk management The Company utilizes interest rate swap agreements as part of the management of interest rate risk to modify the repricing characteristics of certain portions of its portfolios of earning assets and interest-bearing liabilities. The Company generally determines the fair value of its interest rate swap agreements using externally developed pricing 12. Fair value measurements, continued models based on market observable inputs and, therefore, classifies such valuations as Level 2. The Company has considered counterparty credit risk in the valuation of its interest rate swap agreement assets and has considered its own credit risk in the valuation of its interest rate swap agreement liabilities. The following tables present assets and liabilities at June 30, 2017 and December 31, 2016 measured at estimated fair value on a recurring basis: Fair Value Measurements Level 1 (a) Level 2 (a) Level 3 (In thousands) June 30, 2017 Trading account assets $ 174,646 47,276 127,370 — Investment securities available for sale: U.S. Treasury and federal agencies 2,107,866 — 2,107,866 — Obligations of states and political subdivisions 2,913 — 2,913 — Mortgage-backed securities: Government issued or guaranteed 9,608,182 — 9,608,182 — Privately issued 35 — — 35 Other debt securities 125,823 — 125,823 — Equity securities 84,046 47,892 36,154 — 11,928,865 47,892 11,880,938 35 Real estate loans held for sale 548,250 — 548,250 — Other assets (b) 22,754 — 9,907 12,847 Total assets $ 12,674,515 95,168 12,566,465 12,882 Trading account liabilities $ 117,209 — 117,209 — Other liabilities (b) 2,247 — 1,825 422 Total liabilities $ 119,456 — 119,034 422 December 31, 2016 Trading account assets $ 323,867 46,135 277,732 — Investment securities available for sale: U.S. Treasury and federal agencies 1,902,544 — 1,902,544 — Obligations of states and political subdivisions 3,641 — 3,641 — Mortgage-backed securities: Government issued or guaranteed 10,954,861 — 10,954,861 — Privately issued 44 — — 44 Other debt securities 118,516 — 118,516 — Equity securities 352,466 301,711 50,755 — 13,332,072 301,711 13,030,317 44 Real estate loans held for sale 1,056,180 — 1,056,180 — Other assets (b) 58,351 — 50,291 8,060 Total assets $ 14,770,470 347,846 14,414,520 8,104 Trading account liabilities $ 174,376 — 174,376 — Other liabilities (b) 2,481 — 1,746 735 Total liabilities $ 176,857 — 176,122 735 (a) There were no significant transfers between Level 1 and Level 2 of the fair value hierarchy during the six months ended June 30, 2017 and the year ended December 31, 2016. (b) Comprised predominantly of interest rate swap agreements used for interest rate risk management (Level 2), commitments to sell real estate loans (Level 2) and commitments to originate real estate loans to be held for sale (Level 3). 12. Fair value measurements, continued The changes in Level 3 assets and liabilities measured at estimated fair value on a recurring basis during the three months ended June 30, 2017 were as follows: Investment Securities Available for Sale Privately Issued Mortgage-Backed Securities Other Assets and Other Liabilities (In thousands) Balance – March 31, 2017 $ 41 16,202 Total gains (losses) realized/unrealized: Included in earnings — 19,571 (b) Settlements (6 ) — Transfers in and/or out of Level 3 (a) — (23,348 ) (d) Balance – June 30, 2017 $ 35 12,425 Changes in unrealized gains included in earnings related to assets still held at June 30, 2017 $ — 10,892 (b) The changes in Level 3 assets and liabilities measured at estimated fair value on a recurring basis during the three months ended June 30, 2016 were as follows: Investment Securities Available for Sale Privately Issued Mortgage-Backed Collateralized Debt Other (In thousands) Balance — March 31, 2016 $ 65 45,040 16,885 Total gains (losses) realized/unrealized: Included in earnings — — 35,430 (b) Included in other comprehensive income — (1,070 ) (c) — Settlements (8 ) (665 ) — Transfers in and/or out of Level 3 (a) — — (30,932 ) (d) Balance — June 30, 2016 $ 57 43,305 21,383 Changes in unrealized gains included in earnings related to assets still held at June 30, 2016 $ — — 19,822 (b) 12. Fair value measurements, continued The changes in Level 3 assets and liabilities measured at estimated fair value on a recurring basis during the six months ended June 30, 2017 were as follows: Investment Securities Available for S Privately Issued Mortgage-Backed Securities Other Assets and Other Liabilities (In thousands) Balance — January 1, 2017 $ 44 7,325 Total gains (losses) realized/unrealized: Included in earnings — 43,511 (b) Settlements (9 ) — Transfers in and/or out of Level 3 (a) — (38,411 ) (d) Balance — June 30, 2017 $ 35 $ 12,425 Changes in unrealized gains included in earnings related to assets still held at June 30, 2017 $ — $ 12,372 (b) The changes in Level 3 assets and liabilities measured at estimated fair value on a recurring basis during the six months ended June 30, 2016 were as follows: Investment Securities Available for Sale Privately Issued Mortgage-Backed Collateralized Other Assets (In thousands) Balance — January 1, 2016 $ 74 47,393 9,879 Total gains (losses) realized/unrealized: Included in earnings — — 59,328 (b) Included in other comprehensive income — (3,218 ) (c) — Settlements (17 ) (870 ) — Transfers in and/or out of Level 3 (a) — — (47,824 ) (d) Balance — June 30, 2016 $ 57 43,305 21,383 Changes in unrealized gains included in earnings related to assets still held at June 30, 2016 $ — — 20,661 (b) (a) The Company’s policy for transfers between fair value levels is to recognize the transfer as of the actual date of the event or change in circumstances that caused the transfer. (b) Reported as mortgage banking revenues in the consolidated statement of income and includes the fair value of commitment issuances and expirations. (c) Reported as net unrealized losses on investment securities in the consolidated statement of comprehensive income. The Company sold its collateralized debt obligations during the third and fourth quarters of 2016. (d) Transfers out of Level 3 consist of interest rate locks transferred to closed loans. 12. Fair value measurements, continued The Company is required, on a nonrecurring basis, to adjust the carrying value of certain assets or provide valuation allowances related to certain assets using fair value measurements. The more significant of those assets follow. Loans Loans are generally not recorded at fair value on a recurring basis. Periodically, the Company records nonrecurring adjustments to the carrying value of loans based on fair value measurements for partial charge-offs of the uncollectible portions of those loans. Nonrecurring adjustments also include certain impairment amounts for collateral-dependent loans when establishing the allowance for credit losses. Such amounts are generally based on the fair value of the underlying collateral supporting the loan and, as a result, the carrying value of the loan less the calculated valuation amount does not necessarily represent the fair value of the loan. Real estate collateral is typically valued using appraisals or other indications of value based on recent comparable sales of similar properties or assumptions generally observable in the marketplace and the related nonrecurring fair value measurement adjustments have generally been classified as Level 2, unless significant adjustments have been made to the valuation that are not readily observable by market participants. Non-real estate collateral supporting commercial loans generally consists of business assets such as receivables, inventory and equipment. Fair value estimations are typically determined by discounting recorded values of those assets to reflect estimated net realizable value considering specific borrower facts and circumstances and the experience of credit personnel in their dealings with similar borrower collateral liquidations. Such discounts were generally in the range of 15% to 90% at June 30, 2017. As these discounts are not readily observable and are considered significant, the valuations have been classified as Level 3. Automobile collateral is typically valued by reference to independent pricing sources based on recent sales transactions of similar vehicles, and the related nonrecurring fair value measurement adjustments have been classified as Level 2. Collateral values for other consumer installment loans are generally estimated based on historical recovery rates for similar types of loans. As these recovery rates are not readily observable by market participants, such valuation adjustments have been classified as Level 3. Loans subject to nonrecurring fair value measurement were $200 million at June 30, 2017 ($118 million and $82 million of which were classified as Level 2 and Level 3, respectively), $293 million at December 31, 2016 ($153 million and $140 million of which were classified as Level 2 and Level 3, respectively) and $242 million at June 30, 2016 ($141 million and $101 million of which were classified as Level 2 and Level 3, respectively). Changes in fair value recognized for partial charge-offs of loans and loan impairment reserves on loans held by the Company on June 30, 2017 were decreases of $21 million and $43 million for the three-month and six-month periods ended June 30, 2017, respectively. Changes in fair value recognized for partial charge-offs of loans and loan impairment reserves on loans held by the Company on June 30, 2016 were decreases of $4 million and $31 million for the three-month and six-month periods ended June 30, 2016, respectively. Assets taken in foreclosure of defaulted loans Assets taken in foreclosure of defaulted loans are primarily comprised of commercial and residential real property and are generally measured at the lower of cost or fair value less costs to sell. The fair value of the real property is generally determined using appraisals or other indications of value based on recent comparable sales of similar properties or assumptions generally observable in the marketplace and the related nonrecurring fair value measurement adjustments have generally been classified as Level 2. Assets taken in foreclosure of defaulted loans subject to nonrecurring fair value measurement were $37 million and $33 million at June 30, 2017 and 2016, respectively. Changes in fair value recognized for those foreclosed assets held by the Company were not material during the three-month and six-month periods ended June 30, 2017 and 2016. 12. Fair value measurements, continued Significant unobservable inputs to Level 3 measurements The following tables present quantitative information about significant unobservable inputs used in the fair value measurements for certain Level 3 assets and liabilities at June 30, 2017 and December 31, 2016: Fair Value Valuation Technique Unobservable Inputs/Assumptions Range (Weighted- Average) (In thousands) June 30, 2017 Recurring fair value measurements Privately issued mortgage-backed securities $ 35 Two independent pricing quotes — — Net other assets (liabilities) (a) 12,425 Discounted Commitment expirations 0%-81% (28%) December 31, 2016 Recurring fair value measurements Privately issued mortgage-backed securities $ 44 Two independent pricing quotes — — Net other assets (liabilities) (a) 7,325 Discounted Commitment expirations 0%-77% (30%) (a) Other Level 3 assets (liabilities) consist of commitments to originate real estate loans. Sensitivity of fair value measurements to changes in unobservable inputs An increase (decrease) in the estimate of expirations for commitments to originate real estate loans would generally result in a lower (higher) fair value measurement. Estimated commitment expirations are derived considering loan type, changes in interest rates and remaining length of time until closing. 12. Fair value measurements, continued Disclosures of fair value of financial instruments The carrying amounts and estimated fair value for financial instrument assets (liabilities) are presented in the following table: June 30, 2017 Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 (In thousands) Financial assets: Cash and cash equivalents $ 1,345,478 1,345,478 1,251,750 93,728 — Interest-bearing deposits at banks 5,023,829 5,023,829 — 5,023,829 — Trading account 174,646 174,646 47,276 127,370 — Investment securities 15,816,060 15,808,324 47,892 15,644,774 115,658 Loans and leases: Commercial loans and leases 22,191,051 21,790,807 — — 21,790,807 Commercial real estate loans 33,348,991 32,941,849 — 207,971 32,733,878 Residential real estate loans 20,960,171 21,007,049 — 4,643,237 16,363,812 Consumer loans 12,580,342 12,485,100 — — 12,485,100 Allowance for credit losses (1,008,225 ) — — — — Loans and leases, net 88,072,330 88,224,805 — 4,851,208 83,373,597 Accrued interest receivable 310,187 310,187 — 310,187 — Financial liabilities: Noninterest-bearing deposits $ (32,366,426 ) (32,366,426 ) — (32,366,426 ) — Savings and interest-checking deposits (52,871,146 ) (52,871,146 ) — (52,871,146 ) — Time deposits (8,107,749 ) (8,176,159 ) — (8,176,159 ) — Deposits at Cayman Islands office (195,617 ) (195,617 ) — (195,617 ) — Short-term borrowings (1,695,453 ) (1,695,453 ) — (1,695,453 ) — Long-term borrowings (7,649,580 ) (7,676,747 ) — (7,676,747 ) — Accrued interest payable (70,204 ) (70,204 ) — (70,204 ) — Trading account (117,209 ) (117,209 ) — (117,209 ) — Other financial instruments: Commitments to originate real estate loans for sale $ 12,425 12,425 — — 12,425 Commitments to sell real estate loans 3,200 3,200 — 3,200 — Other credit-related commitments (121,960 ) (121,960 ) — — (121,960 ) Interest rate swap agreements used for interest rate risk management 4,882 4,882 — 4,882 — 12. Fair value measurements, continued December 31, 2016 Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 (In thousands) Financial assets: Cash and cash equivalents $ 1,320,549 1,320,549 1,249,654 70,895 — Interest-bearing deposits at banks 5,000,638 5,000,638 — 5,000,638 — Trading account 323,867 323,867 46,135 277,732 — Investment securities 16,250,468 16,244,412 301,711 15,821,176 121,525 Loans and leases: Commercial loans and leases 22,610,047 22,239,428 — — 22,239,428 Commercial real estate loans 33,506,394 33,129,428 — 642,590 32,486,838 Residential real estate loans 22,590,912 22,638,167 — 4,912,488 17,725,679 Consumer loans 12,146,063 12,061,590 — — 12,061,590 Allowance for credit losses (988,997 ) — — — — Loans and leases, net 89,864,419 90,068,613 — 5,555,078 84,513,535 Accrued interest receivable 308,805 308,805 — 308,805 — Financial liabilities: Noninterest-bearing deposits $ (32,813,896 ) (32,813,896 ) — (32,813,896 ) — Savings and interest-checking deposits (52,346,207 ) (52,346,207 ) — (52,346,207 ) — Time deposits (10,131,846 ) (10,222,585 ) — (10,222,585 ) — Deposits at Cayman Islands office (201,927 ) (201,927 ) — (201,927 ) — Short-term borrowings (163,442 ) (163,442 ) — (163,442 ) — Long-term borrowings (9,493,835 ) (9,473,844 ) — (9,473,844 ) — Accrued interest payable (75,172 ) (75,172 ) — (75,172 ) — Trading account (174,376 ) (174,376 ) — (174,376 ) — Other financial instruments: Commitments to originate real estate loans for sale $ 7,325 7,325 — — 7,325 Commitments to sell real estate loans 36,653 36,653 — 36,653 — Other credit-related commitments (136,295 ) (136,295 ) — — (136,295 ) Interest rate swap agreements used for interest rate risk management 11,892 11,892 — 11,892 — With the exception of marketable securities, certain off-balance sheet financial instruments and mortgage loans originated for sale, the Company’s financial instruments are not readily marketable and market prices do not exist. The Company, in attempting to comply with the provisions of GAAP that require disclosures of fair value of financial instruments, has not attempted to market its financial instruments to potential buyers, if any exist. Since negotiated prices in illiquid markets depend greatly upon the then present motivations of the buyer and seller, it is reasonable to assume that actual sales prices could vary widely from any estimate of fair value made without the benefit of negotiations. Additionally, changes in market interest rates can dramatically impact the value of financial instruments in a short period of time. The following assumptions, methods and calculations were used in determining the estimated fair value of financial instruments not measured at fair value in the consolidated balance sheet. Cash and cash equivalents, interest-bearing deposits at banks, deposits at Cayman Islands office, short-term borrowings, accrued interest receivable and accrued interest payable Due to the nature of cash and cash equivalents and the near maturity of interest-bearing deposits at banks, deposits at Cayman Islands office, short-term borrowings, accrued interest receivable and accrued interest payable, the Company estimated that the carrying amount of such instruments approximated estimated fair value. 12. Fair value measurements, continued Investment securities Estimated fair values of investments in readily marketable securities were generally based on quoted market prices. Investment securities that were not readily marketable were assigned amounts based on estimates provided by outside parties or modeling techniques that relied upon discounted calculations of projected cash flows or, in the case of other investment securities, which include capital stock of the Federal Reserve Bank of New York and the Federal Home Loan Bank of New York, at an amount equal to the carrying amount. Loans and leases In general, discount rates used to calculate values for loan products were based on the Company’s pricing at the respective period end. A higher discount rate was assumed with respect to estimated cash flows associated with nonaccrual loans. Projected loan cash flows were adjusted for estimated credit losses. However, such estimates made by the Company may not be indicative of assumptions and adjustments that a purchaser of the Company’s loans and leases would seek. Deposits Pursuant to GAAP, the estimated fair value ascribed to noninterest-bearing deposits, savings deposits and interest-checking deposits must be established at carrying value because of the customers’ ability to withdraw funds immediately. Time deposit accounts are required to be revalued based upon prevailing market interest rates for similar maturity instruments. As a result, amounts assigned to time deposits were based on discounted cash flow calculations using prevailing market interest rates based on the Company’s pricing at the respective date for deposits with comparable remaining terms to maturity. The Company believes that deposit accounts have a value greater than that prescribed by GAAP. The Company feels, however, that the value associated with these deposits is greatly influenced by characteristics of the buyer, such as the ability to reduce the costs of servicing the deposits and deposit attrition which often occurs following an acquisition. Long-term borrowings The amounts assigned to long-term borrowings were based on quoted market prices, when available, or were based on discounted cash flow calculations using prevailing market interest rates for borrowings of similar terms and credit risk. Other commitments and contingencies As described in note 13, in the normal course of business, various commitments and contingent liabilities are outstanding, such as loan commitments, credit guarantees and letters of credit. The Company’s pricing of such financial instruments is based largely on credit quality and relationship, probability of funding and other requirements. Loan commitments often have fixed expiration dates and contain termination and other clauses which provide for relief from funding in the event of significant deterioration in the credit quality of the customer. The rates and terms of the Company’s loan commitments, credit guarantees and letters of credit are competitive with other financial institutions operating in markets served by the Company. The Company believes that the carrying amounts, which are included in other liabilities, are reasonable estimates of the fair value of these financial instruments. 12. Fair value measurements, continued The Company does not believe that the estimated information presented herein is representative of the earnings power or value of the Company. The preceding analysis, which is inherently limited in depicting fair value, also does not consider any value associated with existing customer relationships nor the ability of the Company to create value through loan origination, deposit gathering or fee generating activities. Many of the estimates presented herein are based upon the use of highly subjective information and assumptions and, accordingly, the results may not be precise. Management believes that fair value estimates may not be comparable between financial institutions due to the wide range of permitted valuation techniques and numerous estimates which must be made. Furthermore, because the disclosed fair value amounts were estimated as of the balance sheet date, the amounts actually realized or paid upon maturity or settlement of the various financial instruments could be significantly different.

Commitments and contingencies

Commitments and contingencies	6 Months Ended
	Jun. 30, 2017
Commitments And Contingencies Disclosure [Abstract]
Commitments and contingencies	13. Commitments and contingencies In the normal course of business, various commitments and contingent liabilities are outstanding. The following table presents the Company's significant commitments. Certain of these commitments are not included in the Company's consolidated balance sheet. June 30, December 31, 2017 2016 (In thousands) Commitments to extend credit Home equity lines of credit $ 5,498,513 5,499,609 Commercial real estate loans to be sold 191,825 70,100 Other commercial real estate 5,987,980 6,451,709 Residential real estate loans to be sold 524,540 478,950 Other residential real estate 293,813 232,721 Commercial and other 12,310,082 12,298,473 Standby letters of credit 2,812,772 2,987,091 Commercial letters of credit 30,330 44,723 Financial guarantees and indemnification contracts 3,306,872 3,043,580 Commitments to sell real estate loans 1,091,317 1,489,237 Commitments to extend credit are agreements to lend to customers, generally having fixed expiration dates or other termination clauses that may require payment of a fee. Standby and commercial letters of credit are conditional commitments issued to guarantee the performance of a customer to a third party. Standby letters of credit generally are contingent upon the failure of the customer to perform according to the terms of the underlying contract with the third party, whereas commercial letters of credit are issued to facilitate commerce and typically result in the commitment being funded when the underlying transaction is consummated between the customer and a third party. The credit risk associated with commitments to extend credit and standby and commercial letters of credit is essentially the same as that involved with extending loans to customers and is subject to normal credit policies. Collateral may be obtained based on management's assessment of the customer's creditworthiness. Financial guarantees and indemnification contracts are oftentimes similar to standby letters of credit and include mandatory purchase agreements issued to ensure that customer obligations are fulfilled, recourse obligations associated with sold loans, and other guarantees of customer performance or compliance with designated rules and regulations. Included in financial guarantees and indemnification contracts are loan principal amounts sold with recourse in conjunction with the Company's involvement in the Fannie Mae Delegated Underwriting and Servicing program. The Company's maximum credit risk for recourse associated with loans sold under this program totaled approximately $3.0 billion and $2.8 billion at June 30, 2017 and December 31, 2016, respectively. 13. Commitments and contingencies, continued Since many loan commitments, standby letters of credit, and guarantees and indemnification contracts expire without being funded in whole or in part, the contract amounts are not necessarily indicative of future cash flows. The Company utilizes commitments to sell real estate loans to hedge exposure to changes in the fair value of real estate loans held for sale. Such commitments are considered derivatives and along with commitments to originate real estate loans to be held for sale are generally recorded in the consolidated balance sheet at estimated fair market value. The Company also has commitments under long-term operating leases. The Company is contractually obligated to repurchase previously sold residential real estate loans that do not ultimately meet investor sale criteria related to underwriting procedures or loan documentation. When required to do so, the Company may reimburse loan purchasers for losses incurred or may repurchase certain loans. The Company reduces residential mortgage banking revenues by an estimate for losses related to its obligations to loan purchasers. The amount of those charges is based on the volume of loans sold, the level of reimbursement requests received from loan purchasers and estimates of losses that may be associated with previously sold loans. At June 30, 2017 the Company believes that its obligation to loan purchasers was not material to the Company’s consolidated financial position. M&T and its subsidiaries are subject in the normal course of business to various pending and threatened legal proceedings and other matters in which claims for monetary damages are asserted. On an on-going basis management, after consultation with legal counsel, assesses the Company’s liabilities and contingencies in connection with such proceedings. For those matters where it is probable that the Company will incur losses and the amounts of the losses can be reasonably estimated, the Company records an expense and corresponding liability in its consolidated financial statements. To the extent the pending or threatened litigation could result in exposure in excess of that liability, the amount of such excess is not currently estimable. Although not considered probable, the range of reasonably possible losses for such matters in the aggregate, beyond the existing recorded liability, was between $0 and $50 million. Although the Company does not believe that the outcome of pending litigations will be material to the Company’s consolidated financial position, it cannot rule out the possibility that such outcomes will be material to the consolidated results of operations for a particular reporting period in the future.

Segment information

Segment information	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Segment information	14. Segment information Reportable segments have been determined based upon the Company's internal profitability reporting system, which is organized by strategic business unit. Certain strategic business units have been combined for segment information reporting purposes where the nature of the products and services, the type of customer and the distribution of those products and services are similar. The reportable segments are Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking and Retail Banking. The financial information of the Company's segments was compiled utilizing the accounting policies described in note 22 of Notes to Financial Statements in the 2016 Annual Report. The management accounting policies and processes utilized in compiling segment financial information are highly subjective and, unlike financial accounting, are not based on authoritative guidance similar to GAAP. As a result, the financial information of the reported segments is not necessarily comparable with similar information reported by other financial institutions. Furthermore, changes in management structure or allocation methodologies and procedures may result in changes in reported segment financial data. As disclosed in the 2016 Annual Report, during 2016 the Company revised its funds transfer pricing allocation related to borrowings. Additionally, during the second quarter of 2017, the Company revised its funds transfer pricing allocation related to certain deposit categories. As a result, prior period 14. Segment information, continued financial information has been reclassified to provide segment information on a comparable basis, as noted in the following tables. Three months ended June 30, 2016 Total Revenues as Previously Reported Impact of Changes Total Revenues as Reclassified Net Income (Loss) as Previously Reported Impact of Changes Net Income (Loss) as Reclassified (In thousands) (In thousands) Business Banking $ 114,360 4,227 118,587 $ 22,747 2,507 25,254 Commercial Banking 265,481 (137 ) 265,344 105,392 (81 ) 105,311 Commercial Real Estate 192,175 — 192,175 84,088 — 84,088 Discretionary Portfolio 98,460 (9,462 ) 88,998 46,225 (5,612 ) 40,613 Residential Mortgage Banking 103,882 (9,529 ) 94,353 19,980 (5,651 ) 14,329 Retail Banking 345,665 8,336 354,001 71,497 4,944 76,441 All Other 192,050 6,565 198,615 (13,898 ) 3,893 (10,005 ) Total $ 1,312,073 - 1,312,073 $ 336,031 — 336,031 Six months ended June 30, 2016 Total Revenues as Previously Reported Impact of Changes Total Revenues as Reclassified Net Income (Loss) as Previously Reported Impact of Changes Net Income (Loss) as Reclassified (In thousands) (In thousands) Business Banking $ 228,049 8,634 236,683 $ 48,195 5,121 53,316 Commercial Banking 519,098 (268 ) 518,830 206,719 (159 ) 206,560 Commercial Real Estate 369,555 — 369,555 164,617 — 164,617 Discretionary Portfolio 209,804 (19,769 ) 190,035 100,749 (11,725 ) 89,024 Residential Mortgage Banking 200,817 (16,638 ) 184,179 37,057 (9,867 ) 27,190 Retail Banking 684,711 16,348 701,059 134,785 9,696 144,481 All Other 392,936 11,693 404,629 (57,563 ) 6,934 (50,629 ) Total $ 2,604,970 — 2,604,970 $ 634,559 — 634,559 As also described in note 22 in the 2016 Annual Report, neither goodwill nor core deposit and other intangible assets (and the amortization charges associated with such assets) resulting from acquisitions of financial institutions have been allocated to the Company's reportable segments, but are included in the “All Other” category. The Company does, however, assign such intangible assets to business units for purposes of testing for impairment. 14. Segment information, continued Information about the Company's segments is presented in the following table: Three Months Ended June 30 2017 2016 Total Revenues(a) Inter- segment Revenues Net Income (Loss) Total Revenues(a) Inter- segment Revenues Net Income (Loss) (In thousands) Business Banking $ 124,982 1,006 28,750 $ 118,587 1,197 25,254 Commercial Banking 277,116 843 105,627 265,344 911 105,311 Commercial Real Estate 197,298 357 87,271 192,175 449 84,088 Discretionary Portfolio 72,044 (12,397 ) 29,740 88,998 (14,608 ) 40,613 Residential Mortgage Banking 88,700 18,144 13,742 94,353 21,244 14,329 Retail Banking 383,904 3,045 100,094 354,001 3,132 76,441 All Other 254,972 (10,998 ) 15,829 198,615 (12,325 ) (10,005 ) Total $ 1,399,016 — 381,053 $ 1,312,073 — 336,031 Six Months Ended June 30, 2017 2016 Total Revenues(a) Inter- segment Revenues Net Income (Loss) Total Revenues(a) Inter- segment Revenues Net Income (Loss) (In thousands) Business Banking $ 245,315 1,917 53,738 $ 236,683 2,188 53,316 Commercial Banking 551,024 1,763 218,414 518,830 1,967 206,560 Commercial Real Estate 392,423 764 171,818 369,555 836 164,617 Discretionary Portfolio 150,990 (25,324 ) 63,685 190,035 (28,931 ) 89,024 Residential Mortgage Banking 174,102 36,355 23,660 184,179 40,904 27,190 Retail Banking 752,422 6,092 186,285 701,059 6,146 144,481 All Other 493,845 (21,567 ) 12,380 404,629 (23,110 ) (50,629 ) Total $ 2,760,121 — 729,980 $ 2,604,970 — 634,559 14. Segment information, continued Average Total Assets Six Months Ended June 30 Year Ended December 31 2017 2016 2016 (In millions) Business Banking $ 5,595 5,440 5,456 Commercial Banking 26,802 25,195 25,592 Commercial Real Estate 22,875 20,116 21,131 Discretionary Portfolio 38,341 41,900 40,867 Residential Mortgage Banking 2,341 2,587 2,569 Retail Banking 12,337 11,640 11,840 All Other 13,574 16,601 16,885 Total $ 121,865 123,479 124,340 (a) Total revenues are comprised of net interest income and other income. Net interest income is the difference between taxable-equivalent interest earned on assets and interest paid on liabilities owed by a segment and a funding charge (credit) based on the Company's internal funds transfer and allocation methodology. Segments are charged a cost to fund any assets (e.g. loans) and are paid a funding credit for any funds provided (e.g. deposits). The taxable-equivalent adjustment aggregated $8,736,000 and $6,522,000 for the three-month periods ended June 30, 2017 and 2016, respectively, and $16,735,000 and $12,854,000 for the six-month periods ended June 30, 2017 and 2016, respectively, and is eliminated in "All Other" total revenues. Intersegment revenues are included in total revenues of the reportable segments. The elimination of intersegment revenues is included in the determination of "All Other" total revenues.

Relationship with Bayview Lendi

Relationship with Bayview Lending Group LLC and Bayview Financial Holdings, L.P.	6 Months Ended
	Jun. 30, 2017
Text Block [Abstract]
Relationship with Bayview Lending Group LLC and Bayview Financial Holdings, L.P.	15. Relationship with Bayview Lending Group LLC and Bayview Financial Holdings, L.P. M&T holds a 20% minority interest in Bayview Lending Group LLC ("BLG"), a privately-held commercial mortgage company. M&T recognizes income or loss from BLG using the equity method of accounting. That investment had no remaining carrying value at June 30, 2017 as a result of cumulative losses recognized and cash distributions received. Bayview Financial Holdings, L.P. (together with its affiliates, "Bayview Financial"), a privately-held specialty mortgage finance company, is BLG's majority investor. In addition to their common investment in BLG, the Company and Bayview Financial conduct other business activities with each other. The Company has obtained loan servicing rights for mortgage loans from BLG and Bayview Financial having outstanding principal balances of $3.3 billion and $3.5 billion at June 30, 2017 and December 31, 2016, respectively. Revenues from those servicing rights were $4 million and $5 million for the three-month periods ended June 30, 2017 and 2016, respectively, and $9 million and $10 million for the six-month periods ended June 30, 2017 and 2016, respectively. The Company sub-services residential mortgage loans for Bayview Financial having outstanding principal balances of $49.9 billion and $30.4 billion at June 30, 2017 and December 31, 2016, respectively. Revenues earned for sub-servicing loans for Bayview Financial were $25

Recent accounting developments

Recent accounting developments	6 Months Ended
	Jun. 30, 2017
Accounting Changes And Error Corrections [Abstract]
Recent accounting developments	16. Recent accounting developments Effective January 1, 2017, the Company adopted amended accounting guidance for share-based transactions. The most significant aspect of the amended guidance that affects the Company requires that all excess tax benefits and tax deficiencies be recognized in income tax expense in the income statement and that such amounts be recognized in the period in which the tax deduction arises or in the period in which an expiration of an award occurs. The adoption of this guidance resulted in an $18 million reduction of income tax expense for the three-month period ended March 31, 2017, that under previous accounting guidance would have been recognized directly in shareholders’ equity. The amended accounting guidance did not have a significant impact on income tax expense in the three-month period ended June 30, 2017. Effective January 2017, the Company also adopted amended accounting guidance for the transition to the equity method of accounting. The amended guidance eliminates the requirement that when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence, an investor must adjust the investment, results of operations, and retained earnings retroactively on a step-by-step basis as if the equity method has been in effect during all previous periods that the investment had been held. Instead, the amended guidance requires the investor to adopt the equity method of accounting as of the date the investment first qualifies for such accounting. The adoption of this guidance did not have a material effect on the Company’s consolidated financial position or results of operations. In January 2017, the Company adopted two amendments to the accounting guidance for derivatives and hedging. The first amendment clarifies that a change in the counterparty to a derivative instrument that has been designated as the hedging instrument does not, in and of itself, require dedesignation of that hedging relationship provided that all other hedge accounting criteria continue to be met. The second amendment clarifies the requirements for assessing whether contingent call (put) options that can accelerate the payment of principal on debt instruments are clearly and closely related to their debt hosts. An entity performing the assessment is required to assess the embedded call (put) options solely in accordance with a four-step decision sequence and no longer has to assess whether the event that triggers the ability to exercise the option is related to interest rates or credit risks. The adoption of this guidance did not have a material effect on the Company’s consolidated financial position or results of operations. In May 2017, the Financial Accounting Standards Board (“FASB”) issued amended guidance relating to which changes to the terms and conditions of a share-based payment award require an entity to apply modification accounting. The guidance requires an entity to account for the effects of a modification unless all the following criteria are met: (1) the fair value of the modified award is the same as the fair value of the original award immediately before the original award was modified. If the modification does not affect any of the inputs to the valuation technique that the entity uses to value the award, the entity is not required to estimate the value immediately before and after the modification; (2) the vesting conditions of the modified award are the same as the vesting conditions of the original award immediately before the original award was modified; and (3) the classification of the modified award as an equity instrument or a liability instrument is the same as the classification of the original award immediately before the original award was modified. The guidance is effective for annual periods; and interim periods within those annual periods beginning after December 15, 2017, and should be applied on a prospective basis to an award modified on or after the adoption date. The Company does not expect the guidance to have a material impact on its consolidated financial statements. 16. Recent accounting developments, continued In March 2017, the FASB issued amended guidance requiring the premium on callable debt securities held at a premium to be amortized to the earliest call date. The amendments do not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. The guidance is effective for annual periods and interim periods within those annual periods beginning after December 15, 2018, with early adoption permitted. If adopted in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. The amendments should be applied on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. The Company does not expect the guidance to have a material impact on its consolidated financial statements. In March 2017, the FASB issued amended guidance requiring the service cost component of the net periodic pension cost and net periodic postretirement benefit cost to be reported in the same line item or items in the income statement as other compensation costs arising from services rendered by the pertinent employees during the period (except for the amount being capitalized, if appropriate). The amendments also require disclosure of the line item(s) used in the income statement to present the components other than the service cost component if the other components are not presented in a separate line item or items in the income statement. The guidance is effective for annual periods and interim periods within those annual periods beginning after December 15, 2017, using a retrospective transition method for the presentation of the service cost and other components of net periodic pension cost and net periodic postretirement benefit cost in the income statement. The capitalization of the service cost component of net periodic pension cost and net periodic postretirement benefit cost would be applied using a prospective transition method. The amendments allow for a practical expedient that permits the use of the amounts disclosed in the Company’s pension and other postretirement benefit plan note for the prior comparative periods as the estimation basis for applying the retrospective presentation requirements. The Company does not expect the guidance to have a material impact on its consolidated financial statements. In January 2017, the FASB issued amended guidance eliminating step 2 from the goodwill impairment test. Under the amendments to the guidance, an entity should perform its goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value. The loss recognized, however, should not exceed the total amount of goodwill allocated to that reporting unit. Additionally, an entity should consider income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. The guidance is effective for annual periods or any interim goodwill impairment tests beginning after December 15, 2019 using a prospective transition method. Early adoption is permitted. The Company does not expect the guidance will have a material impact on its consolidated financial statements, unless at some point in the future one of its reporting units were to fail step 1 of the goodwill impairment test. In January 2017, the FASB issued amended guidance clarifying the definition of a business for purposes of evaluating whether transactions would be accounted for as acquisitions (or disposals) of assets or businesses. The amendments provide a screen to determine when a set of assets and activities (collectively referred to as a “set”) is not a business. The screen requires that when substantially all of the fair value of the gross assets acquired (or disposed of) is concentrated in a single identifiable asset or group of similar assets, the set is not a business. If the screen is not met, the amendments (1) require that to be considered a business, a set must include, at a minimum, an input and a substantive process that together significantly contribute to the ability to create output, and (2) remove the evaluation of whether a market participant could replace missing elements. The guidance is effective for annual 16. Recent accounting developments, continued In November 2016, the FASB issued amended guidance for the presentation of restricted cash in the statement of cash flows. The guidance requires that restricted cash and restricted cash equivalents be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. In addition, when cash, cash equivalents, and restricted cash or restricted cash equivalents are presented in more than one line item within the statement of financial position, the line items and amounts must be presented on the face of the statement of cash flows or disclosed in the notes to the financial statements. Information about the nature of restrictions on an entity’s cash and cash equivalents must also be disclosed. The guidance is effective for annual periods and interim periods within those annual periods beginning after December 15, 2017, using a retrospective transition method. The Company is evaluating the impact the guidance may have on the presentation of its consolidated statement of cash flows. In August 2016, the FASB issued amended guidance for how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The guidance addresses the following eight specific cash flow issues: (1) cash payments for debt extinguishment costs should be classified as cash outflows for financing activities; (2) for zero-coupon debt instruments, the portion of the cash payment attributable to the accreted interest should be classified as a cash outflow for operating activities; (3) contingent consideration payments made after a business combination should be classified based on the timing of the payment; (4) cash proceeds received from the settlement of insurance claims should be classified on the basis of the related insurance coverage; (5) cash proceeds received from the settlement of corporate-owned and bank-owned life insurance policies should be classified as cash inflows from investing activities; (6) when the equity method is applied, an accounting policy election should be made to classify distributions received using either the cumulative earnings approach or the nature of the distribution approach; (7) cash receipts from payments on a transferor’s beneficial interests obtained in a securitization of financial assets should be classified as cash inflows from investing activities; and (8) the classification of cash receipts and payments that have aspects of more than one class of cash flows should be determined by applying specific guidance in GAAP. The guidance is effective for annual periods and interim periods within those annual periods beginning after December 15, 2017. The Company is evaluating the impact the guidance may have on the presentation within its consolidated statement of cash flows. In June 2016, the FASB issued amended guidance for the measurement of credit losses on certain financial assets. The amended guidance requires financial assets measured at amortized cost to be presented at the net amount expected to be collected. The allowance for credit losses will represent a valuation account that is deducted from the amortized cost basis of the financial assets to present their net carrying value at the amount expected to be collected. The income statement will reflect the measurement of credit losses for newly recognized financial assets as well as expected increases or decreases of expected credit losses that have taken place during the period. When determining the allowance, expected credit losses over the contractual term of the financial asset(s) (taking into account prepayments) will be estimated considering relevant information about past events, current conditions, and reasonable and supportable forecasts that affect the collectibility of the reported amount. The amended guidance also requires recording an allowance for credit losses for purchased financial assets with a more-than-insignificant amount of credit deterioration since origination. The initial allowance for these assets will be added to the purchase price at acquisition rather than being reported as an expense. Subsequent changes in the allowance will be recorded through the income statement as an expense adjustment. In addition, the amended guidance requires credit losses relating to available-for-sale debt securities to be recorded through an allowance for credit losses. The calculation of credit losses for available-for-sale securities will be similar to how it is determined under existing guidance. The guidance is effective for annual periods and interim periods within those annual periods beginning after December 15, 2019. The Company is assessing the new guidance to determine what modifications to existing credit estimation processes may be required. The Company expects that the new guidance will result in an increase in its allowance for credit losses as a result of considering credit losses over the expected life of its loan portfolios. Increases in the level of the allowance for credit losses will also reflect new requirements to include the 16. Recent accounting developments, continued nonaccretable principal difference on purchased credit impaired loans and estimated credit losses on investment securities classified as held-to-maturity, if any. The Company is still evaluating the extent of the increase to the allowance for credit losses and the impact to its financial statements. In February 2016, the FASB issued guidance related to the accounting for leases. The core principle of the guidance is that all leases create an asset and a liability for the lessee and, therefore, lease assets and lease liabilities should be recognized in the balance sheet. Lease assets will be recognized as a right-of-use asset and lease liabilities will be recognized as a liability to make lease payments. While the guidance requires all leases to be recognized in the balance sheet, there continues to be a differentiation between finance leases and operating leases for purposes of income statement recognition and cash flow statement presentation. For finance leases, interest on the lease liability and amortization of the right-of-use asset will be recognized separately in the statement of income. Repayments of principal on those lease liabilities will be classified within financing activities and payments of interest on the lease liability will be classified within operating activities in the statement of cash flows. For operating leases, a single lease cost is recognized in the statement of income and allocated over the lease term, generally on a straight-line basis. All cash payments are presented within operating activities in the statement of cash flows. The accounting applied by lessors is largely unchanged from existing GAAP, however, the guidance eliminates the accounting model for leveraged leases for leases that commence after the effective date of the guidance. The guidance is effective for annual periods beginning after December 15, 2018, including interim periods within those fiscal years. The Company occupies certain banking offices and uses certain equipment under noncancelable operating lease agreements, which currently are not reflected in its consolidated balance sheet. Upon adoption of the guidance, the Company expects to report increased assets and increased liabilities as a result of recognizing right-of-use assets and lease liabilities on its consolidated balance sheet. The Company was committed to $467 million of minimum lease payments under noncancelable operating lease agreements at December 31, 2016. The Company does not expect the new guidance will have a material impact to its consolidated statement of income. In January 2016, the FASB issued amended guidance related to recognition and measurement of financial assets and liabilities. The amended guidance requires that equity investments (excluding those accounted for under the equity method of accounting or those that result in consolidation of the investee) be measured at fair value with changes in fair value recognized in net income. An entity can elect to measure equity investments that do not have readily determinable fair values at cost less impairment, plus or minus changes resulting from observable price changes in orderly transactions for the identical or similar investment of the same issuer. The impairment assessment of equity investments without readily determinable fair values is simplified by requiring a qualitative assessment to identify impairment. When a qualitative assessment indicates impairment exists, an entity is required to measure the investment at fair value. The guidance eliminates the requirement for public business entities to disclose the method and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet. Further, the guidance requires public entities to use the exit price when measuring the fair value of financial instruments for disclosure purposes. The guidance also requires an entity to present separately in other comprehensive income, a change in the instrument-specific credit risk when the entity has elected to measure a liability at fair value in accordance with the fair value option. Separate presentation of financial assets and liabilities by measurement category and type of instrument on the balance sheet or accompanying notes to the financial statements is required. The guidance also clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. This guidance is effective for annual periods and interim periods within those annual periods beginning after December 15, 2017. The Company is still evaluating the impact the guidance could have on its consolidated financial statements. The Company does hold certain equity securities in its available-for-sale portfolio. Upon adoption of this guidance, fair value changes in such equity securities will be recognized in the consolidated statement of income as opposed to accumulated other comprehensive income where they are recognized under current accounting guidance. 16. Recent accounting developments, continued In May 2014, the FASB issued amended accounting and disclosure guidance for revenue from contracts with customers. The core principle of the accounting guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should apply the following steps: (1) identify the contract(s) with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; (5) recognize revenue when (or as) the entity satisfies a performance obligation. The guidance also specifies the accounting for some costs to obtain or fulfill a contract with a customer. The amended disclosure guidance requires sufficient information to enable users of financial statements to understand the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The amended guidance is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. The guidance should be applied either retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of initially applying this guidance recognized at the date of initial application (the “modified retrospective approach”). At present, the Company expects to adopt the revenue recognition guidance in the first quarter of 2018 using the modified retrospective approach. A significant amount of the Company’s revenues are derived from net interest income on financial assets and liabilities, which are excluded from the scope of the amended guidance. With respect to noninterest income, the Company has identified revenue streams within the scope of the guidance, and is performing an evaluation of the underlying revenue contracts. To date, the Company has not yet identified any material changes in the timing of revenue recognition when considering the amended accounting guidance, however, the Company’s implementation efforts are ongoing and such assessments may change prior to the January 1, 2018 implementation date.

Significant accounting polici25

Significant accounting policies (Policies)	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Basis of Accounting	The consolidated financial statements of M&T Bank Corporation (“M&T”) and subsidiaries (“the Company”) were compiled in accordance with generally accepted accounting principles (“GAAP”) using the accounting policies set forth in note 1 of Notes to Financial Statements included in Form 10-K for the year ended December 31, 2016 (“2016 Annual Report”), except that effective January 2017 the Company adopted amended accounting guidance that is discussed in note 16 herein. The most significant of those changes related to the accounting for excess tax benefits or deficiencies associated with share-based compensation whereby beginning in 2017 those amounts are recognized in income tax expense. Previously, tax effects resulting from changes in M&T’s share price subsequent to the grant date were recorded through shareholders’ equity. The adoption of this new accounting guidance resulted in a reduction of income tax expense for the three months ended March 31, 2017 of $18 million, or $.12 of diluted earnings per common share. The impact on income tax expense and diluted earnings per common share in the second quarter of 2017 was not significant. In the opinion of management, all adjustments necessary for a fair presentation have been made and were all of a normal recurring nature.

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
Summary of Merger-Related Expenses	A summary of merger-related expenses included in the consolidated statement of income for the three-month and six-month periods ended June 30, 2016 follows: Three Months Ended June 30, 2016 Six Months Ended June 30, 2016 (In thousands) Salaries and employee benefits $ 60 $ 5,334 Equipment and net occupancy 339 1,278 Outside data processing and software 352 1,067 Advertising and marketing 6,327 10,522 Printing, postage and supplies 545 1,482 Other cost of operations 4,970 16,072 Total $ 12,593 $ 35,755

Investment securities (Tables)

Investment securities (Tables)	6 Months Ended
	Jun. 30, 2017
Investments Debt And Equity Securities [Abstract]
Amortized Cost and Estimated Fair Value of Investment Securities	The amortized cost and estimated fair value of investment securities were as follows: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value (In thousands) June 30, 2017 Investment securities available for sale: U.S. Treasury and federal agencies $ 2,118,665 39 10,838 $ 2,107,866 Obligations of states and political subdivisions 2,849 66 2 2,913 Mortgage-backed securities: Government issued or guaranteed 9,601,810 84,797 78,425 9,608,182 Privately issued 36 — 1 35 Other debt securities 133,959 2,923 11,059 125,823 Equity securities 53,832 30,680 466 84,046 11,911,151 118,505 100,791 11,928,865 Investment securities held to maturity: Obligations of states and political subdivisions 38,958 211 125 39,044 Mortgage-backed securities: Government issued or guaranteed 3,196,908 35,630 11,886 3,220,652 Privately issued 147,189 1,706 33,272 115,623 Other debt securities 5,213 — — 5,213 3,388,268 37,547 45,283 3,380,532 Other securities 498,927 — — 498,927 Total $ 15,798,346 156,052 146,074 $ 15,808,324 December 31, 2016 Investment securities available for sale: U.S. Treasury and federal agencies $ 1,912,110 386 9,952 $ 1,902,544 Obligations of states and political subdivisions 3,570 77 6 3,641 Mortgage-backed securities: Government issued or guaranteed 10,980,507 88,343 113,989 10,954,861 Privately issued 45 — 1 44 Other debt securities 134,105 1,407 16,996 118,516 Equity securities 307,964 45,073 571 352,466 13,338,301 135,286 141,515 13,332,072 Investment securities held to maturity: Obligations of states and political subdivisions 60,858 267 224 60,901 Mortgage-backed securities: Government issued or guaranteed 2,233,173 37,498 7,374 2,263,297 Privately issued 157,704 897 37,120 121,481 Other debt securities 5,543 — — 5,543 2,457,278 38,662 44,718 2,451,222 Other securities 461,118 — — 461,118 Total $ 16,256,697 173,948 186,233 $ 16,244,412
Amortized Cost and Estimated Fair Value of Debt Securities by Contractual Maturity	At June 30, 2017, the amortized cost and estimated fair value of debt securities by contractual maturity were as follows: Amortized Cost Estimated Fair Value (In thousands) Debt securities available for sale: Due in one year or less $ 393,523 392,835 Due after one year through five years 1,730,289 1,720,332 Due after five years through ten years 72,374 72,728 Due after ten years 59,287 50,707 2,255,473 2,236,602 Mortgage-backed securities available for sale 9,601,846 9,608,217 $ 11,857,319 11,844,819 Debt securities held to maturity: Due in one year or less $ 21,284 21,363 Due after one year through five years 16,110 16,068 Due after five years through ten years 1,564 1,613 Due after ten years 5,213 5,213 44,171 44,257 Mortgage-backed securities held to maturity 3,344,097 3,336,275 $ 3,388,268 3,380,532
Investment Securities in Continuous Unrealized Loss Position	A summary of investment securities that as of June 30, 2017 and December 31, 2016 had been in a continuous unrealized loss position for less than twelve months and those that had been in a continuous unrealized loss position for twelve months or longer follows: Less Than 12 Months 12 Months or More Fair Value Unrealized Losses Fair Value Unrealized Losses (In thousands) June 30, 2017 Investment securities available for sale: U.S. Treasury and federal agencies $ 1,952,450 (10,838 ) — — Obligations of states and political subdivisions — — 474 (2 ) Mortgage-backed securities: Government issued or guaranteed 4,560,342 (77,584 ) 89,307 (841 ) Privately issued — — 19 (1 ) Other debt securities 998 (2 ) 60,422 (11,057 ) Equity securities 18,066 (320 ) 154 (146 ) 6,531,856 (88,744 ) 150,376 (12,047 ) Investment securities held to maturity: Obligations of states and political subdivisions 8,698 (68 ) 8,496 (57 ) Mortgage-backed securities: Government issued or guaranteed 1,046,740 (11,324 ) 18,420 (562 ) Privately issued — — 58,671 (33,272 ) 1,055,438 (11,392 ) 85,587 (33,891 ) Total $ 7,587,294 (100,136 ) 235,963 (45,938 ) December 31, 2016 Investment securities available for sale: U.S. Treasury and federal agencies $ 1,710,241 (9,950 ) 2,295 (2 ) Obligations of states and political subdivisions — — 593 (6 ) Mortgage-backed securities: Government issued or guaranteed 6,730,829 (113,374 ) 81,003 (615 ) Privately issued — — 27 (1 ) Other debt securities 100 (1 ) 85,400 (16,995 ) Equity securities 17,776 (422 ) 151 (149 ) 8,458,946 (123,747 ) 169,469 (17,768 ) Investment securities held to maturity: Obligations of states and political subdivisions 17,988 (126 ) 11,891 (98 ) Mortgage-backed securities: Government issued or guaranteed 618,832 (6,842 ) 17,481 (532 ) Privately issued 17,911 (1,222 ) 57,016 (35,898 ) 654,731 (8,190 ) 86,388 (36,528 ) Total $ 9,113,677 (131,937 ) 255,857 (54,296 )

Loans and leases and the allo28

Loans and leases and the allowance for credit losses (Tables)	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Summary of Current, Past Due and Nonaccrual Loans	A summary of current, past due and nonaccrual loans as of June 30, 2017 and December 31, 2016 follows: Current 30-89 Days Past Due Accruing Loans Past Due 90 Days or More (a) Accruing Loans Acquired at a Discount Past Due 90 days or More (b) Purchased Impaired (c) Nonaccrual Total (In thousands) June 30, 2017 Commercial, financial, leasing, etc. $ 21,936,863 49,066 1,126 394 2,307 201,295 $ 22,191,051 Real estate: Commercial 25,237,177 256,218 19,187 11,644 24,518 201,518 25,750,262 Residential builder and developer 1,639,210 11,172 — 1,805 10,960 7,389 1,670,536 Other commercial construction 5,808,838 83,700 7,481 — 12,209 15,965 5,928,193 Residential 16,438,548 424,098 233,081 7,970 336,177 236,813 17,676,687 Residential — limited documentation 2,968,241 82,569 300 — 126,222 106,152 3,283,484 Consumer: Home equity lines and loans 5,337,934 32,378 773 11,632 — 77,471 5,460,188 Automobile 3,166,912 59,243 — 1 — 17,154 3,243,310 Other 3,814,045 26,617 3,513 24,052 — 8,617 3,876,844 Total $ 86,347,768 1,025,061 265,461 57,498 512,393 872,374 $ 89,080,555 December 31, 2016 Commercial, financial, leasing, etc. $ 22,287,857 53,503 6,195 417 641 261,434 $ 22,610,047 Real estate: Commercial 25,076,684 183,531 7,054 12,870 31,404 176,201 25,487,744 Residential builder and developer 1,884,989 4,667 5 1,952 14,006 16,707 1,922,326 Other commercial construction 5,985,118 77,701 922 198 14,274 18,111 6,096,324 Residential 17,631,377 485,468 281,298 11,537 378,549 229,242 19,017,471 Residential — limited documentation 3,239,344 88,366 — — 139,158 106,573 3,573,441 Consumer: Home equity lines and loans 5,502,091 44,565 — 12,678 — 81,815 5,641,149 Automobile 2,869,232 56,158 — 1 — 18,674 2,944,065 Other 3,491,629 31,286 5,185 21,491 — 11,258 3,560,849 Total $ 87,968,321 1,025,245 300,659 61,144 578,032 920,015 $ 90,853,416 (a) Excludes loans acquired at a discount. (b) Loans acquired at a discount that were recorded at fair value at acquisition date. This category does not include purchased impaired loans that are presented separately. (c) Accruing loans acquired at a discount that were impaired at acquisition date and recorded at fair value.
Outstanding Principal Balance and Carrying Amount of Loans and Included in Consolidated Balance Sheet	The outstanding principal balance and the carrying amount of loans acquired at a discount that were recorded at fair value at the acquisition date and included in the consolidated balance sheet were as follows: June 30, December 31, 2017 2016 (In thousands) Outstanding principal balance $ 1,842,739 2,311,699 Carrying amount: Commercial, financial, leasing, etc. 51,728 59,928 Commercial real estate 368,661 456,820 Residential real estate 717,139 799,802 Consumer 240,640 487,721 $ 1,378,168 1,804,271
Summary of Changes in Accretable Yield for Acquired Loans	A summary of changes in the accretable yield for loans acquired at a discount for the three months and six months ended June 30, 2017 and 2016 follows: Three Months Ended June 30, 2017 2016 Purchased Other Purchased Other Impaired Acquired Impaired Acquired (In thousands) Balance at beginning of period $ 143,454 181,310 $ 171,185 269,017 Interest income (10,806 ) (20,923 ) (14,060 ) (32,898 ) Reclassifications from nonaccretable balance 884 1,852 4,898 2,933 Other (a) — 860 — 6,143 Balance at end of period $ 133,532 163,099 $ 162,023 245,195 Six Months Ended June 30, 2017 2016 Purchased Other Purchased Other Impaired Acquired Impaired Acquired (In thousands) Balance at beginning of period $ 154,233 201,153 $ 184,618 296,434 Interest income (21,731 ) (46,441 ) (28,122 ) (70,760 ) Reclassifications from nonaccretable balance 1,030 5,035 5,527 8,597 Other (a) — 3,352 — 10,924 Balance at end of period $ 133,532 163,099 $ 162,023 245,195 (a) Other changes in expected cash flows including changes in interest rates and prepayment assumptions.
Changes in Allowance for Credit Losses	Changes in the allowance for credit losses for the three months ended June 30, 2017 were as follows: Commercial, Financial, Real Estate Leasing, etc. Commercial Residential Consumer Unallocated Total (In thousands) Beginning balance $ 347,760 360,010 62,012 153,172 78,476 $ 1,001,430 Provision for credit losses 13,368 7,638 7,163 24,190 (359 ) 52,000 Net charge-offs Charge-offs (25,247 ) (1,853 ) (5,899 ) (28,683 ) — (61,682 ) Recoveries 3,433 434 2,730 9,880 — 16,477 Net charge-offs (21,814 ) (1,419 ) (3,169 ) (18,803 ) — (45,205 ) Ending balance $ 339,314 366,229 66,006 158,559 78,117 $ 1,008,225 Changes in the allowance for credit losses for the three months ended June 30, 2016 were as follows: Commercial, Financial, Real Estate Leasing, etc. Commercial Residential Consumer Unallocated Total (In thousands) Beginning balance $ 323,866 331,985 68,371 160,819 77,711 $ 962,752 Provision for credit losses (10,919 ) 15,823 4,404 22,681 11 32,000 Net charge-offs Charge-offs (7,487 ) (733 ) (5,090 ) (33,560 ) — (46,870 ) Recoveries 10,619 2,599 1,975 7,421 — 22,614 Net (charge-offs) recoveries 3,132 1,866 (3,115 ) (26,139 ) — (24,256 ) Ending balance $ 316,079 349,674 69,660 157,361 77,722 $ 970,496 Changes in the allowance for credit losses for the six months ended June 30, 2017 were as follows: Commercial, Financial, Real Estate Leasing, etc. Commercial Residential Consumer Unallocated Total (In thousands) Beginning balance $ 330,833 362,719 61,127 156,288 78,030 $ 988,997 Provision for credit losses 42,191 8,900 12,800 43,022 87 107,000 Net charge-offs Charge-offs (41,604 ) (7,298 ) (12,158 ) (63,186 ) — (124,246 ) Recoveries 7,894 1,908 4,237 22,435 — 36,474 Net charge-offs (33,710 ) (5,390 ) (7,921 ) (40,751 ) — (87,772 ) Ending balance $ 339,314 366,229 66,006 158,559 78,117 $ 1,008,225 Changes in the allowance for credit losses for the six months ended June 30, 2016 were as follows: Commercial, Financial, Real Estate Leasing, etc. Commercial Residential Consumer Unallocated Total (In thousands) Beginning balance $ 300,404 326,831 72,238 178,320 78,199 $ 955,992 Provision for credit losses 13,445 19,836 5,622 42,574 (477 ) 81,000 Net charge-offs Charge-offs (13,636 ) (2,005 ) (12,062 ) (77,879 ) — (105,582 ) Recoveries 15,866 5,012 3,862 14,346 — 39,086 Net (charge-offs) recoveries 2,230 3,007 (8,200 ) (63,533 ) — (66,496 ) Ending balance $ 316,079 349,674 69,660 157,361 77,722 $ 970,496
Impaired Loans and Leases	The following tables provide information with respect to loans and leases that were considered impaired as of June 30, 2017 and December 31, 2016 and for the three-month and six-month periods ended June 30, 2017 and 2016. June 30, 2017 December 31, 2016 Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance (In thousands) With an allowance recorded: Commercial, financial, leasing, etc. $ 162,881 186,158 50,377 168,072 184,432 48,480 Real estate: Commercial 91,624 107,191 11,047 71,862 86,666 11,620 Residential builder and developer 5,656 5,834 350 7,396 8,361 506 Other commercial construction 1,825 2,102 327 2,475 2,731 448 Residential 96,638 117,969 3,610 86,680 105,944 3,457 Residential — limited documentation 82,086 97,879 4,700 82,547 97,718 6,000 Consumer: Home equity lines and loans 47,890 52,611 8,791 44,693 48,965 8,027 Automobile 14,919 17,153 3,149 16,982 18,272 3,740 Other 3,354 5,656 687 3,791 5,296 776 506,873 592,553 83,038 484,498 558,385 83,054 With no related allowance recorded: Commercial, financial, leasing, etc. 63,884 85,046 — 100,805 124,786 — Real estate: Commercial 132,061 141,025 — 113,276 121,846 — Residential builder and developer 5,791 13,227 — 14,368 21,124 — Other commercial construction 14,382 33,641 — 15,933 35,281 — Residential 12,672 18,156 — 16,823 24,161 — Residential — limited documentation 10,900 18,313 — 15,429 24,590 — 239,690 309,408 — 276,634 351,788 — Total: Commercial, financial, leasing, etc. 226,765 271,204 50,377 268,877 309,218 48,480 Real estate: Commercial 223,685 248,216 11,047 185,138 208,512 11,620 Residential builder and developer 11,447 19,061 350 21,764 29,485 506 Other commercial construction 16,207 35,743 327 18,408 38,012 448 Residential 109,310 136,125 3,610 103,503 130,105 3,457 Residential — limited documentation 92,986 116,192 4,700 97,976 122,308 6,000 Consumer: Home equity lines and loans 47,890 52,611 8,791 44,693 48,965 8,027 Automobile 14,919 17,153 3,149 16,982 18,272 3,740 Other 3,354 5,656 687 3,791 5,296 776 Total $ 746,563 901,961 83,038 761,132 910,173 83,054
Interest Income Recognized on Impaired Loans	Three Months Ended June 30, 2017 Three Months Ended June 30, 2016 Interest Income Recognized Interest Income Recognized Average Recorded Investment Total Cash Basis Average Recorded Investment Total Cash Basis (In thousands) Commercial, financial, leasing, etc. $ 230,767 805 805 291,970 5,700 5,700 Real estate: Commercial 200,005 813 813 175,028 611 611 Residential builder and developer 15,577 467 467 31,751 41 41 Other commercial construction 14,213 86 86 20,955 335 335 Residential 108,036 1,465 606 97,936 1,834 1,139 Residential — limited documentation 95,208 1,449 339 103,795 1,607 640 Consumer: Home equity lines and loans 46,872 422 91 34,234 323 98 Automobile 15,506 262 21 20,542 322 28 Other 3,468 75 3 11,169 121 36 Total $ 729,652 5,844 3,231 787,380 10,894 8,628 Six Months Ended June 30, 2017 Six Months Ended June 30, 2016 Interest Income Recognized Interest Income Recognized Average Recorded Investment Total Cash Basis Average Recorded Investment Total Cash Basis (In thousands) Commercial, financial, leasing, etc. $ 251,352 1,283 1,283 294,277 6,311 6,311 Real estate: Commercial 191,935 1,788 1,788 178,741 2,085 2,085 Residential builder and developer 17,552 896 896 32,750 83 83 Other commercial construction 14,922 933 933 18,911 373 373 Residential 106,166 3,101 1,380 97,362 3,206 2,021 Residential-limited documentation 96,033 2,949 723 105,634 3,079 1,270 Consumer: Home equity lines and loans 46,327 821 191 30,127 569 183 Automobile 15,931 537 40 21,252 661 64 Other 3,510 147 6 14,443 299 63 Total $ 743,728 12,455 7,240 793,497 16,666 12,453
Summary of Loan Grades	The following table summarizes the loan grades applied to the various classes of the Company’s commercial loans and commercial real estate loans. Real Estate Commercial, Residential Other Financial, Builder and Commercial Leasing, etc. Commercial Developer Construction (In thousands) June 30, 2017 Pass $ 21,096,685 24,830,082 1,592,047 5,757,119 Criticized accrual 893,071 718,662 71,100 155,109 Criticized nonaccrual 201,295 201,518 7,389 15,965 Total $ 22,191,051 25,750,262 1,670,536 5,928,193 December 31, 2016 Pass $ 21,398,581 24,570,269 1,789,071 5,912,351 Criticized accrual 950,032 741,274 116,548 165,862 Criticized nonaccrual 261,434 176,201 16,707 18,111 Total $ 22,610,047 25,487,744 1,922,326 6,096,324
Allocation of Allowance for Credit Losses on Basis of Company's Impairment Methodology	The allocation of the allowance for credit losses summarized on the basis of the Company’s impairment methodology was as follows: Commercial, Financial, Real Estate Leasing, etc. Commercial Residential Consumer Total (In thousands) June 30, 2017 Individually evaluated for impairment $ 50,377 11,724 8,310 12,627 $ 83,038 Collectively evaluated for impairment 288,937 352,539 49,266 145,932 836,674 Purchased impaired — 1,966 8,430 — 10,396 Allocated $ 339,314 366,229 66,006 158,559 930,108 Unallocated 78,117 Total $ 1,008,225 December 31, 2016 Individually evaluated for impairment $ 48,480 12,500 9,457 12,543 $ 82,980 Collectively evaluated for impairment 282,353 348,301 47,993 143,745 822,392 Purchased impaired — 1,918 3,677 — 5,595 Allocated $ 330,833 362,719 61,127 156,288 910,967 Unallocated 78,030 Total $ 988,997
Recorded Investment in Loans and Leases on Basis of Company's Impairment Methodology	The recorded investment in loans and leases summarized on the basis of the Company’s impairment methodology was as follows: Commercial, Financial, Real Estate Leasing, etc. Commercial Residential Consumer Total (In thousands) June 30, 2017 Individually evaluated for impairment $ 226,765 251,339 202,296 66,163 $ 746,563 Collectively evaluated for impairment 21,961,979 33,049,965 20,295,476 12,514,179 87,821,599 Purchased impaired 2,307 47,687 462,399 — 512,393 Total $ 22,191,051 33,348,991 20,960,171 12,580,342 $ 89,080,555 December 31, 2016 Individually evaluated for impairment $ 268,877 224,630 201,479 65,466 $ 760,452 Collectively evaluated for impairment 22,340,529 33,222,080 21,871,726 12,080,597 89,514,932 Purchased impaired 641 59,684 517,707 — 578,032 Total $ 22,610,047 33,506,394 22,590,912 12,146,063 $ 90,853,416
Loan Modification Activities that were Considered Troubled Debt Restructurings	The tables that follow summarize the Company’s loan modification activities that were considered troubled debt restructurings for the three-month and six-month periods ended June 30, 2017 and 2016: Post-modification (a) Number Pre- modification recorded investment Principal Deferral Other Combination of Concession Types Total Three Months Ended June 30, 2017 (Dollars in thousands) Commercial, financial, leasing, etc. 63 $ 65,613 $ 8,172 $ 5,556 $ 35,232 $ 48,960 Real estate: Commercial 30 26,045 11,782 — 14,276 26,058 Other commercial construction 1 66 66 — — 66 Residential 30 7,956 2,982 — 5,486 8,468 Residential — limited documentation 7 1,831 235 — 1,660 1,895 Consumer: Home equity lines and loans 35 3,229 416 — 2,818 3,234 Automobile 22 428 380 — 48 428 Other 3 54 54 — — 54 Total 191 $ 105,222 $ 24,087 $ 5,556 $ 59,520 $ 89,163 Three Months Ended June 30, 2016 Commercial, financial, leasing, etc. 38 $ 60,990 $ 45,657 $ — $ 14,217 $ 59,874 Real estate: Commercial 16 14,643 2,710 4,576 7,008 14,294 Residential builder and developer 3 23,905 22,958 — — 22,958 Other commercial construction 2 374 250 — 124 374 Residential 16 2,006 1,040 — 1,122 2,162 Residential — limited documentation 2 151 195 — — 195 Consumer: Home equity lines and loans 32 3,806 69 — 3,737 3,806 Automobile 66 175 158 17 — 175 Other 41 620 551 20 49 620 Total 216 $ 106,670 $ 73,588 $ 4,613 $ 26,257 $ 104,458 Post-modification (a) Number Pre- modification recorded investment Principal Deferral Other Combination of Concession Types Total Six Months Ended June 30, 2017 (Dollars in thousands) Commercial, financial, leasing, etc. 113 $ 77,534 $ 12,561 $ 6,362 $ 37,960 $ 56,883 Real estate: Commercial 50 32,747 14,773 — 17,882 32,655 Residential builder and developer 3 12,291 — — 10,879 10,879 Other commercial construction 2 168 168 — — 168 Residential 71 17,336 8,575 — 9,841 18,416 Residential — limited documentation 13 3,209 235 — 3,185 3,420 Consumer: Home equity lines and loans 60 5,731 579 491 4,666 5,736 Automobile 42 818 763 — 55 818 Other 5 80 80 — — 80 Total 359 $ 149,914 $ 37,734 $ 6,853 $ 84,468 $ 129,055 Six Months Ended June 30, 2016 Commercial, financial, leasing, etc. 69 $ 78,718 $ 58,378 $ — $ 20,169 $ 78,547 Real estate: Commercial 37 22,059 6,158 4,576 10,932 21,666 Residential builder and developer 3 23,905 22,958 — — 22,958 Other commercial construction 2 374 250 — 124 374 Residential 43 6,308 3,231 — 3,491 6,722 Residential — limited documentation 8 1,588 333 — 1,379 1,712 Consumer: Home equity lines and loans 58 6,637 404 — 6,233 6,637 Automobile 138 819 679 55 85 819 Other 77 1,166 925 45 196 1,166 Total 435 $ 141,574 $ 93,316 $ 4,676 $ 42,609 $ 140,601 (a) Financial effects impacting the recorded investment included principal payments or advances, charge-offs and capitalized escrow arrearages. The present value of interest rate concessions, discounted at the effective rate of the original loan, was not material.

Shareholders' equity (Tables)

Shareholders' equity (Tables)	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Issued and Outstanding Preferred Stock	Issued and outstanding preferred stock of M&T as of June 30, 2017 and December 31, 2016 is presented below: Shares Issued and Outstanding Carrying Value (Dollars in thousands) Series A (a) Fixed Rate Cumulative Perpetual Preferred Stock, $1,000 liquidation preference per share 230,000 $ 230,000 Series C (a) Fixed Rate Cumulative Perpetual Preferred Stock, $1,000 liquidation preference per share 151,500 $ 151,500 Series E (b) Fixed-to-Floating Rate Non-cumulative Perpetual Preferred Stock, $1,000 liquidation preference per share 350,000 $ 350,000 Series F (c) Fixed-to-Floating Rate Non-cumulative Perpetual Preferred Stock, $10,000 liquidation preference per share 50,000 $ 500,000 (a) Dividends, if declared, are paid at 6.375%. Warrants to purchase M&T common stock at $73.82 per share issued in connection with the Series A preferred stock expire in 2018 and totaled 485,637 at June 30, 2017. (b) Dividends, if declared, are paid semi-annually at a rate of 6.45% through February 14, 2024 and thereafter will be paid quarterly at a rate of the three-month LIBOR plus 361 basis points (hundredths of one percent). The shares are redeemable in whole or in part on or after February 15, 2024. Notwithstanding M&T’s option to redeem the shares, if an event occurs such that the shares no longer qualify as Tier 1 capital, M&T may redeem all of the shares within 90 days following that occurrence. (c) Dividends, if declared, are paid semi-annually at a rate of 5.125% through October 31, 2026 and thereafter will be paid quarterly at a rate of the three-month LIBOR plus 352 basis points. The shares are redeemable in whole or in part on or after November 1, 2026. Notwithstanding M&T’s option to redeem the shares, if an event occurs such that the shares no longer qualify as Tier 1 capital, M&T may redeem all of the shares within 90 days following that occurrence.

Pension plans and other postr30

Pension plans and other postretirement benefits (Tables)	6 Months Ended
	Jun. 30, 2017
Compensation And Retirement Disclosure [Abstract]
Net Periodic Defined Benefit Cost for Defined Benefit Plans	Net periodic defined benefit cost for defined benefit plans consisted of the following: Pension Benefits Other Postretirement Benefits Three Months Ended June 30 2017 2016 2017 2016 (In thousands) Service cost $ 5,189 6,137 202 340 Interest cost on projected benefit obligation 19,943 20,822 778 1,281 Expected return on plan assets (27,062 ) (26,423 ) — — Amortization of prior service cost (credit) 154 (789 ) (329 ) (330 ) Amortization of net actuarial loss (gain) 7,831 6,773 (469 ) 30 Net periodic benefit cost $ 6,055 6,520 182 1,321 Pension Benefits Other Postretirement Benefits Six Months Ended June 30 2017 2016 2017 2016 (In thousands) Service cost $ 10,097 12,519 585 798 Interest cost on projected benefit obligation 39,634 41,705 1,858 2,486 Expected return on plan assets (54,262 ) (54,237 ) — — Amortization of prior service cost (credit) 279 (1,614 ) (679 ) (680 ) Amortization of net actuarial loss (gain) 14,631 15,073 (494 ) 30 Net periodic benefit cost $ 10,379 13,446 1,270 2,634

Earnings per common share (Tabl

Earnings per common share (Tables)	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Computations of Basic Earnings Per Common Share	The computations of basic earnings per common share follow: Three Months Ended June 30 Six Months Ended June 30 2017 2016 2017 2016 (In thousands, except per share) Income available to common shareholders: Net income $ 381,053 336,031 729,980 634,559 Less: Preferred stock dividends (a) (18,237 ) (20,317 ) (36,474 ) (40,635 ) Net income available to common equity 362,816 315,714 693,506 593,924 Less: Income attributable to unvested stock-based compensation awards (2,158 ) (2,746 ) (4,298 ) (5,227 ) Net income available to common shareholders $ 360,658 312,968 689,208 588,697 Weighted-average shares outstanding: Common shares outstanding (including common stock issuable) and unvested stock-based compensation awards 153,770 159,164 154,612 159,692 Less: Unvested stock-based compensation awards (913 ) (1,362 ) (974 ) (1,424 ) Weighted-average shares outstanding 152,857 157,802 153,638 158,268 Basic earnings per common share $ 2.36 1.98 4.49 3.72 (a) Including impact of not as yet declared cumulative dividends.
Computations of Diluted Earnings Per Common Share	The computations of diluted earnings per common share follow: Three Months Ended June 30 Six Months Ended June 30 2017 2016 2017 2016 (In thousands, except per share) Net income available to common equity $ 362,816 315,714 693,506 593,924 Less: Income attributable to unvested stock-based compensation awards (2,154 ) (2,740 ) (4,289 ) (5,217 ) Net income available to common shareholders $ 360,662 312,974 689,217 588,707 Adjusted weighted-average shares outstanding: Common and unvested stock-based compensation awards 153,770 159,164 154,612 159,692 Less: Unvested stock-based compensation awards (913 ) (1,362 ) (974 ) (1,424 ) Plus: Incremental shares from assumed conversion of stock-based compensation awards and warrants to purchase common stock 419 539 470 493 Adjusted weighted-average shares outstanding 153,276 158,341 154,108 158,761 Diluted earnings per common share $ 2.35 1.98 4.47 3.71

Comprehensive income (Tables)

Comprehensive income (Tables)	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Components of Other Comprehensive Income (Loss) and Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Net Income	The following tables display the components of other comprehensive income (loss) and amounts reclassified from accumulated other comprehensive income (loss) to net income: Investment Securities Defined Benefit Total Amount Income With OTTI (a) All Other Plans Other Before Tax Tax Net (In thousands) Balance — January 1, 2017 $ 46,725 (73,785 ) (449,917 ) (8,268 ) $ (485,245 ) 190,609 $ (294,636 ) Other comprehensive income before reclassifications: Unrealized holding gains (losses), net (13,802 ) 37,728 — — 23,926 (9,404 ) 14,522 Foreign currency translation adjustment — — — 2,502 2,502 (876 ) 1,626 Unrealized losses on cash flow hedges — — — (441 ) (441 ) 174 (267 ) Total other comprehensive income (loss) before reclassifications (13,802 ) 37,728 — 2,061 25,987 (10,106 ) 15,881 Amounts reclassified from accumulated other comprehensive income that (increase) decrease net income: Amortization of unrealized holding losses on held-to-maturity (“HTM”) securities — 1,721 — — 1,721 (b) (677 ) 1,044 (Gains) losses realized in net income (50 ) 67 — — 17 (c) (7 ) 10 Accretion of net gain on terminated cash flow hedges — — — (78 ) (78 ) (d) 31 (47 ) Net yield adjustment from cash flow hedges currently in effect — — — (1,094 ) (1,094 ) (b) 430 (664 ) Amortization of prior service credit — — (400 ) — (400 ) (e) 157 (243 ) Amortization of actuarial losses — — 14,137 — 14,137 (e) (5,563 ) 8,574 Total reclassifications (50 ) 1,788 13,737 (1,172 ) 14,303 (5,629 ) 8,674 Total gain (loss) during the period (13,852 ) 39,516 13,737 889 40,290 (15,735 ) 24,555 Balance — June 30, 2017 $ 32,873 (34,269 ) (436,180 ) (7,379 ) $ (444,955 ) 174,874 $ (270,081 ) Balance — January 1, 2016 $ 16,359 62,849 (489,660 ) (4,093 ) $ (414,545 ) 162,918 $ (251,627 ) Other comprehensive income before reclassifications: Unrealized holding gains, net 9,260 227,118 — — 236,378 (93,010 ) 143,368 Foreign currency translation adjustment — — — (2,489 ) (2,489 ) 871 (1,618 ) Total other comprehensive income (loss) before reclassifications 9,260 227,118 — (2,489 ) 233,889 (92,139 ) 141,750 Amounts reclassified from accumulated other comprehensive income that (increase) decrease net income: Accretion of unrealized holding losses on HTM securities — 2,081 — — 2,081 (b) (819 ) 1,262 Gains realized in net income — (268 ) — — (268 ) (c) 102 (166 ) Accretion of net gain on terminated cash flow hedges — — — (77 ) (77 ) (d) 30 (47 ) Amortization of prior service credit — — (2,294 ) — (2,294 ) (e) 902 (1,392 ) Amortization of actuarial losses — — 15,103 — 15,103 (e) (5,904 ) 9,199 Total reclassifications — 1,813 12,809 (77 ) 14,545 (5,689 ) 8,856 Total gain (loss) during the period 9,260 228,931 12,809 (2,566 ) 248,434 (97,828 ) 150,606 Balance — June 30, 2016 $ 25,619 291,780 (476,851 ) (6,659 ) $ (166,111 ) 65,090 $ (101,021 ) (a) Other-than-temporary impairment (b) Included in interest income (c) Included in gain (loss) on bank investment securities (d) Included in interest expense (e) Included in salaries and employee benefits expense
Accumulated Other Comprehensive Income (Loss), Net	Accumulated other comprehensive income (loss), net consisted of the following: Investment Securities Defined Benefit With OTTI All Other Plans Other Total (In thousands) Balance — December 31, 2016 $ 28,338 (44,657 ) (272,874 ) (5,443 ) $ (294,636 ) Net gain (loss) during period (8,400 ) 23,976 8,331 648 24,555 Balance — June 30, 2017 $ 19,938 (20,681 ) (264,543 ) (4,795 ) $ (270,081 )

Derivative financial instrume33

Derivative financial instruments (Tables)	6 Months Ended
	Jun. 30, 2017
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Information about Interest Rate Swap Agreements	Information about interest rate swap agreements entered into for interest rate risk management purposes summarized by type of financial instrument the swap agreements were intended to hedge follows: Weighted- Average Rate Notional Amount Average Maturity Fixed Variable Estimated Fair Value Gain (a) (In (In years) (In thousands) June 30, 2017 Fair value hedges: Fixed rate long-term borrowings (b) $ 3,700,000 2.2 2.64 % 1.99 % $ 4,882 Cash flow hedges: Variable rate commercial real estate loans (b) 2,000,000 1.9 1.46 % 1.05 % — Total $ 5,700,000 2.1 $ 4,882 December 31, 2016 Fair value hedges: Fixed rate long-term borrowings (b) $ 900,000 1.1 3.75 % 2.08 % $ 11,892 (a) Effective January 2017 certain clearinghouse exchanges revised their rules such that certain required payments by counterparties for variation margin on derivative instruments that had been treated as collateral are now treated as settlements of those positions. The impact of such rule changes at June 30, 2017 was a reduction of the estimated fair value losses on interest rate swaps designated as fair value hedges of $2.9 million and of estimated fair value losses on interest rate swaps designated as cash flow hedges of $1.5 million. (b) Under the terms of these agreements, the Company receives settlement amounts at a fixed rate and pays at a variable rate.
Information about Fair Values of Derivative Instruments in Consolidated Balance Sheet	Information about the fair values of derivative instruments in the Company’s consolidated balance sheet and consolidated statement of income follows: Asset Derivatives Liability Derivatives Fair Value Fair Value June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016 (In thousands) Derivatives designated and qualifying as hedging instruments Fair value hedges: Interest rate swap agreements (a) $ 4,882 $ 11,892 $ — $ — Commitments to sell real estate loans (a) 1,249 33,189 993 1,347 Cash flow hedges: Interest rate swap agreements (a) — — — — 6,131 45,081 993 1,347 Derivatives not designated and qualifying as hedging instruments Mortgage-related commitments to originate real estate loans for sale (a) 12,847 8,060 422 735 Commitments to sell real estate loans (a) 3,776 5,210 832 399 Trading: Interest rate contracts (b) 113,905 228,810 111,819 167,737 Foreign exchange and other option and futures contracts (b) 5,968 7,908 5,390 6,639 136,496 249,988 118,463 175,510 Total derivatives $ 142,627 $ 295,069 $ 119,456 $ 176,857 (a) Asset derivatives are reported in other assets and liability derivatives are reported in other liabilities. (b) Asset derivatives are reported in trading account assets and liability derivatives are reported in other liabilities. The impact of the variation margin rule change at June 30, 2017 was a reduction of the estimated fair value of interest rate swaps in an asset position of $91.7 million and of those in a liability position of $32.0 million. 10. Derivative financial instruments, continued
Information about Fair Values of Derivative Instruments in Consolidated Statement of Income	Amount of Gain (Loss) Recognized Three Months Ended June 30, 2017 Three Months Ended June 30, 2016 Derivative Hedged Item Derivative Hedged Item (In thousands) Derivatives in fair value hedging relationships Interest rate swap agreements: Fixed rate long-term borrowings (a) $ (5,795 ) 5,011 $ (7,611 ) 7,146 Derivatives not designated as hedging instruments Trading: Interest rate contracts (b) $ 831 $ 5,782 Foreign exchange and other option and futures contracts (b) 1,568 2,457 Total $ 2,399 $ 8,239 Amount of Gain (Loss) Recognized Six Months Ended June 30, 2017 Six Months Ended June 30, 2016 Derivative Hedged Item Derivative Hedged Item (In thousands) Derivatives in fair value hedging relationships Interest rate swap agreements: Fixed rate long-term borrowings (a) $ (9,914 ) 9,023 $ (10,244 ) 9,016 Derivatives not designated as hedging instruments Trading: Interest rate contracts (b) $ 2,781 $ 6,756 Foreign exchange and other option and futures contracts (b) 3,404 3,669 Total $ 6,185 $ 10,425 (a) Reported as other revenues from operations. (b) Reported as trading account and foreign exchange gains.

Fair value measurements (Tables

Fair value measurements (Tables)	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Assets and Liabilities Measured at Estimated Fair Value on Recurring Basis	The following tables present assets and liabilities at June 30, 2017 and December 31, 2016 measured at estimated fair value on a recurring basis: Fair Value Measurements Level 1 (a) Level 2 (a) Level 3 (In thousands) June 30, 2017 Trading account assets $ 174,646 47,276 127,370 — Investment securities available for sale: U.S. Treasury and federal agencies 2,107,866 — 2,107,866 — Obligations of states and political subdivisions 2,913 — 2,913 — Mortgage-backed securities: Government issued or guaranteed 9,608,182 — 9,608,182 — Privately issued 35 — — 35 Other debt securities 125,823 — 125,823 — Equity securities 84,046 47,892 36,154 — 11,928,865 47,892 11,880,938 35 Real estate loans held for sale 548,250 — 548,250 — Other assets (b) 22,754 — 9,907 12,847 Total assets $ 12,674,515 95,168 12,566,465 12,882 Trading account liabilities $ 117,209 — 117,209 — Other liabilities (b) 2,247 — 1,825 422 Total liabilities $ 119,456 — 119,034 422 December 31, 2016 Trading account assets $ 323,867 46,135 277,732 — Investment securities available for sale: U.S. Treasury and federal agencies 1,902,544 — 1,902,544 — Obligations of states and political subdivisions 3,641 — 3,641 — Mortgage-backed securities: Government issued or guaranteed 10,954,861 — 10,954,861 — Privately issued 44 — — 44 Other debt securities 118,516 — 118,516 — Equity securities 352,466 301,711 50,755 — 13,332,072 301,711 13,030,317 44 Real estate loans held for sale 1,056,180 — 1,056,180 — Other assets (b) 58,351 — 50,291 8,060 Total assets $ 14,770,470 347,846 14,414,520 8,104 Trading account liabilities $ 174,376 — 174,376 — Other liabilities (b) 2,481 — 1,746 735 Total liabilities $ 176,857 — 176,122 735 (a) There were no significant transfers between Level 1 and Level 2 of the fair value hierarchy during the six months ended June 30, 2017 and the year ended December 31, 2016. (b) Comprised predominantly of interest rate swap agreements used for interest rate risk management (Level 2), commitments to sell real estate loans (Level 2) and commitments to originate real estate loans to be held for sale (Level 3).
Changes in Level 3 Assets and Liabilities Measured at Estimated Fair Value on Recurring Basis	The changes in Level 3 assets and liabilities measured at estimated fair value on a recurring basis during the three months ended June 30, 2017 were as follows: Investment Securities Available for Sale Privately Issued Mortgage-Backed Securities Other Assets and Other Liabilities (In thousands) Balance – March 31, 2017 $ 41 16,202 Total gains (losses) realized/unrealized: Included in earnings — 19,571 (b) Settlements (6 ) — Transfers in and/or out of Level 3 (a) — (23,348 ) (d) Balance – June 30, 2017 $ 35 12,425 Changes in unrealized gains included in earnings related to assets still held at June 30, 2017 $ — 10,892 (b) The changes in Level 3 assets and liabilities measured at estimated fair value on a recurring basis during the three months ended June 30, 2016 were as follows: Investment Securities Available for Sale Privately Issued Mortgage-Backed Collateralized Debt Other (In thousands) Balance — March 31, 2016 $ 65 45,040 16,885 Total gains (losses) realized/unrealized: Included in earnings — — 35,430 (b) Included in other comprehensive income — (1,070 ) (c) — Settlements (8 ) (665 ) — Transfers in and/or out of Level 3 (a) — — (30,932 ) (d) Balance — June 30, 2016 $ 57 43,305 21,383 Changes in unrealized gains included in earnings related to assets still held at June 30, 2016 $ — — 19,822 (b) 12. Fair value measurements, continued The changes in Level 3 assets and liabilities measured at estimated fair value on a recurring basis during the six months ended June 30, 2017 were as follows: Investment Securities Available for S Privately Issued Mortgage-Backed Securities Other Assets and Other Liabilities (In thousands) Balance — January 1, 2017 $ 44 7,325 Total gains (losses) realized/unrealized: Included in earnings — 43,511 (b) Settlements (9 ) — Transfers in and/or out of Level 3 (a) — (38,411 ) (d) Balance — June 30, 2017 $ 35 $ 12,425 Changes in unrealized gains included in earnings related to assets still held at June 30, 2017 $ — $ 12,372 (b) The changes in Level 3 assets and liabilities measured at estimated fair value on a recurring basis during the six months ended June 30, 2016 were as follows: Investment Securities Available for Sale Privately Issued Mortgage-Backed Collateralized Other Assets (In thousands) Balance — January 1, 2016 $ 74 47,393 9,879 Total gains (losses) realized/unrealized: Included in earnings — — 59,328 (b) Included in other comprehensive income — (3,218 ) (c) — Settlements (17 ) (870 ) — Transfers in and/or out of Level 3 (a) — — (47,824 ) (d) Balance — June 30, 2016 $ 57 43,305 21,383 Changes in unrealized gains included in earnings related to assets still held at June 30, 2016 $ — — 20,661 (b) (a) The Company’s policy for transfers between fair value levels is to recognize the transfer as of the actual date of the event or change in circumstances that caused the transfer. (b) Reported as mortgage banking revenues in the consolidated statement of income and includes the fair value of commitment issuances and expirations. (c) Reported as net unrealized losses on investment securities in the consolidated statement of comprehensive income. The Company sold its collateralized debt obligations during the third and fourth quarters of 2016. (d) Transfers out of Level 3 consist of interest rate locks transferred to closed loans.
Quantitative Information Related to Significant Unobservable Inputs	The following tables present quantitative information about significant unobservable inputs used in the fair value measurements for certain Level 3 assets and liabilities at June 30, 2017 and December 31, 2016: Fair Value Valuation Technique Unobservable Inputs/Assumptions Range (Weighted- Average) (In thousands) June 30, 2017 Recurring fair value measurements Privately issued mortgage-backed securities $ 35 Two independent pricing quotes — — Net other assets (liabilities) (a) 12,425 Discounted Commitment expirations 0%-81% (28%) December 31, 2016 Recurring fair value measurements Privately issued mortgage-backed securities $ 44 Two independent pricing quotes — — Net other assets (liabilities) (a) 7,325 Discounted Commitment expirations 0%-77% (30%) (a) Other Level 3 assets (liabilities) consist of commitments to originate real estate loans.
Carrying Amounts and Estimated Fair Value for Financial Instrument Assets (Liabilities)	The carrying amounts and estimated fair value for financial instrument assets (liabilities) are presented in the following table: June 30, 2017 Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 (In thousands) Financial assets: Cash and cash equivalents $ 1,345,478 1,345,478 1,251,750 93,728 — Interest-bearing deposits at banks 5,023,829 5,023,829 — 5,023,829 — Trading account 174,646 174,646 47,276 127,370 — Investment securities 15,816,060 15,808,324 47,892 15,644,774 115,658 Loans and leases: Commercial loans and leases 22,191,051 21,790,807 — — 21,790,807 Commercial real estate loans 33,348,991 32,941,849 — 207,971 32,733,878 Residential real estate loans 20,960,171 21,007,049 — 4,643,237 16,363,812 Consumer loans 12,580,342 12,485,100 — — 12,485,100 Allowance for credit losses (1,008,225 ) — — — — Loans and leases, net 88,072,330 88,224,805 — 4,851,208 83,373,597 Accrued interest receivable 310,187 310,187 — 310,187 — Financial liabilities: Noninterest-bearing deposits $ (32,366,426 ) (32,366,426 ) — (32,366,426 ) — Savings and interest-checking deposits (52,871,146 ) (52,871,146 ) — (52,871,146 ) — Time deposits (8,107,749 ) (8,176,159 ) — (8,176,159 ) — Deposits at Cayman Islands office (195,617 ) (195,617 ) — (195,617 ) — Short-term borrowings (1,695,453 ) (1,695,453 ) — (1,695,453 ) — Long-term borrowings (7,649,580 ) (7,676,747 ) — (7,676,747 ) — Accrued interest payable (70,204 ) (70,204 ) — (70,204 ) — Trading account (117,209 ) (117,209 ) — (117,209 ) — Other financial instruments: Commitments to originate real estate loans for sale $ 12,425 12,425 — — 12,425 Commitments to sell real estate loans 3,200 3,200 — 3,200 — Other credit-related commitments (121,960 ) (121,960 ) — — (121,960 ) Interest rate swap agreements used for interest rate risk management 4,882 4,882 — 4,882 — December 31, 2016 Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 (In thousands) Financial assets: Cash and cash equivalents $ 1,320,549 1,320,549 1,249,654 70,895 — Interest-bearing deposits at banks 5,000,638 5,000,638 — 5,000,638 — Trading account 323,867 323,867 46,135 277,732 — Investment securities 16,250,468 16,244,412 301,711 15,821,176 121,525 Loans and leases: Commercial loans and leases 22,610,047 22,239,428 — — 22,239,428 Commercial real estate loans 33,506,394 33,129,428 — 642,590 32,486,838 Residential real estate loans 22,590,912 22,638,167 — 4,912,488 17,725,679 Consumer loans 12,146,063 12,061,590 — — 12,061,590 Allowance for credit losses (988,997 ) — — — — Loans and leases, net 89,864,419 90,068,613 — 5,555,078 84,513,535 Accrued interest receivable 308,805 308,805 — 308,805 — Financial liabilities: Noninterest-bearing deposits $ (32,813,896 ) (32,813,896 ) — (32,813,896 ) — Savings and interest-checking deposits (52,346,207 ) (52,346,207 ) — (52,346,207 ) — Time deposits (10,131,846 ) (10,222,585 ) — (10,222,585 ) — Deposits at Cayman Islands office (201,927 ) (201,927 ) — (201,927 ) — Short-term borrowings (163,442 ) (163,442 ) — (163,442 ) — Long-term borrowings (9,493,835 ) (9,473,844 ) — (9,473,844 ) — Accrued interest payable (75,172 ) (75,172 ) — (75,172 ) — Trading account (174,376 ) (174,376 ) — (174,376 ) — Other financial instruments: Commitments to originate real estate loans for sale $ 7,325 7,325 — — 7,325 Commitments to sell real estate loans 36,653 36,653 — 36,653 — Other credit-related commitments (136,295 ) (136,295 ) — — (136,295 ) Interest rate swap agreements used for interest rate risk management 11,892 11,892 — 11,892 —

Commitments and contingencies (

Commitments and contingencies (Tables)	6 Months Ended
	Jun. 30, 2017
Commitments And Contingencies Disclosure [Abstract]
Company's Significant Commitments	The following table presents the Company's significant commitments. Certain of these commitments are not included in the Company's consolidated balance sheet. June 30, December 31, 2017 2016 (In thousands) Commitments to extend credit Home equity lines of credit $ 5,498,513 5,499,609 Commercial real estate loans to be sold 191,825 70,100 Other commercial real estate 5,987,980 6,451,709 Residential real estate loans to be sold 524,540 478,950 Other residential real estate 293,813 232,721 Commercial and other 12,310,082 12,298,473 Standby letters of credit 2,812,772 2,987,091 Commercial letters of credit 30,330 44,723 Financial guarantees and indemnification contracts 3,306,872 3,043,580 Commitments to sell real estate loans 1,091,317 1,489,237

Segment information (Tables)

Segment information (Tables)	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Summary of Reclassified Segment Information on Comparable Basis	The financial information of the Company's segments was compiled utilizing the accounting policies described in note 22 of Notes to Financial Statements in the 2016 Annual Report. The management accounting policies and processes utilized in compiling segment financial information are highly subjective and, unlike financial accounting, are not based on authoritative guidance similar to GAAP. As a result, the financial information of the reported segments is not necessarily comparable with similar information reported by other financial institutions. Furthermore, changes in management structure or allocation methodologies and procedures may result in changes in reported segment financial data. As disclosed in the 2016 Annual Report, during 2016 the Company revised its funds transfer pricing allocation related to borrowings. Additionally, during the second quarter of 2017, the Company revised its funds transfer pricing allocation related to certain deposit categories. As a result, prior period 14. Segment information, continued financial information has been reclassified to provide segment information on a comparable basis, as noted in the following tables. Three months ended June 30, 2016 Total Revenues as Previously Reported Impact of Changes Total Revenues as Reclassified Net Income (Loss) as Previously Reported Impact of Changes Net Income (Loss) as Reclassified (In thousands) (In thousands) Business Banking $ 114,360 4,227 118,587 $ 22,747 2,507 25,254 Commercial Banking 265,481 (137 ) 265,344 105,392 (81 ) 105,311 Commercial Real Estate 192,175 — 192,175 84,088 — 84,088 Discretionary Portfolio 98,460 (9,462 ) 88,998 46,225 (5,612 ) 40,613 Residential Mortgage Banking 103,882 (9,529 ) 94,353 19,980 (5,651 ) 14,329 Retail Banking 345,665 8,336 354,001 71,497 4,944 76,441 All Other 192,050 6,565 198,615 (13,898 ) 3,893 (10,005 ) Total $ 1,312,073 - 1,312,073 $ 336,031 — 336,031 Six months ended June 30, 2016 Total Revenues as Previously Reported Impact of Changes Total Revenues as Reclassified Net Income (Loss) as Previously Reported Impact of Changes Net Income (Loss) as Reclassified (In thousands) (In thousands) Business Banking $ 228,049 8,634 236,683 $ 48,195 5,121 53,316 Commercial Banking 519,098 (268 ) 518,830 206,719 (159 ) 206,560 Commercial Real Estate 369,555 — 369,555 164,617 — 164,617 Discretionary Portfolio 209,804 (19,769 ) 190,035 100,749 (11,725 ) 89,024 Residential Mortgage Banking 200,817 (16,638 ) 184,179 37,057 (9,867 ) 27,190 Retail Banking 684,711 16,348 701,059 134,785 9,696 144,481 All Other 392,936 11,693 404,629 (57,563 ) 6,934 (50,629 ) Total $ 2,604,970 — 2,604,970 $ 634,559 — 634,559
Information about Company's Segments	14. Segment information, continued Information about the Company's segments is presented in the following table: Three Months Ended June 30 2017 2016 Total Revenues(a) Inter- segment Revenues Net Income (Loss) Total Revenues(a) Inter- segment Revenues Net Income (Loss) (In thousands) Business Banking $ 124,982 1,006 28,750 $ 118,587 1,197 25,254 Commercial Banking 277,116 843 105,627 265,344 911 105,311 Commercial Real Estate 197,298 357 87,271 192,175 449 84,088 Discretionary Portfolio 72,044 (12,397 ) 29,740 88,998 (14,608 ) 40,613 Residential Mortgage Banking 88,700 18,144 13,742 94,353 21,244 14,329 Retail Banking 383,904 3,045 100,094 354,001 3,132 76,441 All Other 254,972 (10,998 ) 15,829 198,615 (12,325 ) (10,005 ) Total $ 1,399,016 — 381,053 $ 1,312,073 — 336,031 Six Months Ended June 30, 2017 2016 Total Revenues(a) Inter- segment Revenues Net Income (Loss) Total Revenues(a) Inter- segment Revenues Net Income (Loss) (In thousands) Business Banking $ 245,315 1,917 53,738 $ 236,683 2,188 53,316 Commercial Banking 551,024 1,763 218,414 518,830 1,967 206,560 Commercial Real Estate 392,423 764 171,818 369,555 836 164,617 Discretionary Portfolio 150,990 (25,324 ) 63,685 190,035 (28,931 ) 89,024 Residential Mortgage Banking 174,102 36,355 23,660 184,179 40,904 27,190 Retail Banking 752,422 6,092 186,285 701,059 6,146 144,481 All Other 493,845 (21,567 ) 12,380 404,629 (23,110 ) (50,629 ) Total $ 2,760,121 — 729,980 $ 2,604,970 — 634,559 14. Segment information, continued Average Total Assets Six Months Ended June 30 Year Ended December 31 2017 2016 2016 (In millions) Business Banking $ 5,595 5,440 5,456 Commercial Banking 26,802 25,195 25,592 Commercial Real Estate 22,875 20,116 21,131 Discretionary Portfolio 38,341 41,900 40,867 Residential Mortgage Banking 2,341 2,587 2,569 Retail Banking 12,337 11,640 11,840 All Other 13,574 16,601 16,885 Total $ 121,865 123,479 124,340 (a) Total revenues are comprised of net interest income and other income. Net interest income is the difference between taxable-equivalent interest earned on assets and interest paid on liabilities owed by a segment and a funding charge (credit) based on the Company's internal funds transfer and allocation methodology. Segments are charged a cost to fund any assets (e.g. loans) and are paid a funding credit for any funds provided (e.g. deposits). The taxable-equivalent adjustment aggregated $8,736,000 and $6,522,000 for the three-month periods ended June 30, 2017 and 2016, respectively, and $16,735,000 and $12,854,000 for the six-month periods ended June 30, 2017 and 2016, respectively, and is eliminated in "All Other" total revenues. Intersegment revenues are included in total revenues of the reportable segments. The elimination of intersegment revenues is included in the determination of "All Other" total revenues.

Significant Accounting Polici37

Significant Accounting Policies - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Significant Accounting Policies [Line Items]
Diluted	$ 2.35		$ 1.98	$ 4.47	$ 3.71
Adoption of New Accounting Guidance [Member]
Significant Accounting Policies [Line Items]
Reduction of Income tax expense		$ (18)
Diluted		$ 0.12

Acquisitions - Summary of Merge

Acquisitions - Summary of Merger-Related Expenses (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Summary of merger-related expenses
Salaries and employee benefits	$ 398,900,000	$ 398,675,000	$ 848,762,000	$ 830,460,000
Equipment and net occupancy	73,797,000	75,724,000	148,163,000	149,902,000
Outside data processing and software	44,575,000	42,509,000	88,876,000	85,524,000
Advertising and marketing	16,324,000	22,613,000	32,434,000	44,067,000
Printing, postage and supplies	8,957,000	9,907,000	18,665,000	21,893,000
Other costs of operations	174,616,000	166,679,000	330,874,000	322,812,000
Hudson City [Member]
Summary of merger-related expenses
Salaries and employee benefits		60,000		5,334,000
Equipment and net occupancy		339,000		1,278,000
Outside data processing and software		352,000		1,067,000
Advertising and marketing		6,327,000		10,522,000
Printing, postage and supplies		545,000		1,482,000
Other costs of operations		4,970,000		16,072,000
Total	$ 0	$ 12,593,000	$ 0	$ 35,755,000

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Hudson City [Member]
Business Acquisition [Line Items]
Merger-related expenses	$ 0	$ 12,593,000	$ 0	$ 35,755,000

Investment Securities - Amortiz

Investment Securities - Amortized Cost and Estimated Fair Value of Investment Securities (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Investment securities available for sale, amortized cost	$ 11,911,151	$ 13,338,301
Investment securities available for sale, gross unrealized gains	118,505	135,286
Investment securities available for sale, gross unrealized losses	100,791	141,515
Investment securities available for sale, estimated fair value	11,928,865	13,332,072
Amortized cost for held to maturity	3,388,268	2,457,278
Gross unrealized gains for held to maturity	37,547	38,662
Gross unrealized losses for held to maturity	45,283	44,718
Estimated fair value for held to maturity	3,380,532	2,451,222
Other securities, Amortized cost	498,927	461,118
Other securities, Estimated fair value	498,927	461,118
Total Amortized cost	15,798,346	16,256,697
Total gross unrealized gains	156,052	173,948
Total gross unrealized losses	146,074	186,233
Total estimated fair value	15,808,324	16,244,412
U.S. Treasury and Federal Agencies [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Investment securities available for sale, amortized cost	2,118,665	1,912,110
Investment securities available for sale, gross unrealized gains	39	386
Investment securities available for sale, gross unrealized losses	10,838	9,952
Investment securities available for sale, estimated fair value	2,107,866	1,902,544
Obligations of States and Political Subdivisions [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Investment securities available for sale, amortized cost	2,849	3,570
Investment securities available for sale, gross unrealized gains	66	77
Investment securities available for sale, gross unrealized losses	2	6
Investment securities available for sale, estimated fair value	2,913	3,641
Amortized cost for held to maturity	38,958	60,858
Gross unrealized gains for held to maturity	211	267
Gross unrealized losses for held to maturity	125	224
Estimated fair value for held to maturity	39,044	60,901
Government Issued or Guaranteed [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Investment securities available for sale, amortized cost	9,601,810	10,980,507
Investment securities available for sale, gross unrealized gains	84,797	88,343
Investment securities available for sale, gross unrealized losses	78,425	113,989
Investment securities available for sale, estimated fair value	9,608,182	10,954,861
Amortized cost for held to maturity	3,196,908	2,233,173
Gross unrealized gains for held to maturity	35,630	37,498
Gross unrealized losses for held to maturity	11,886	7,374
Estimated fair value for held to maturity	3,220,652	2,263,297
Privately Issued [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Investment securities available for sale, amortized cost	36	45
Investment securities available for sale, gross unrealized losses	1	1
Investment securities available for sale, estimated fair value	35	44
Amortized cost for held to maturity	147,189	157,704
Gross unrealized gains for held to maturity	1,706	897
Gross unrealized losses for held to maturity	33,272	37,120
Estimated fair value for held to maturity	115,623	121,481
Other Debt Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Investment securities available for sale, amortized cost	133,959	134,105
Investment securities available for sale, gross unrealized gains	2,923	1,407
Investment securities available for sale, gross unrealized losses	11,059	16,996
Investment securities available for sale, estimated fair value	125,823	118,516
Amortized cost for held to maturity	5,213	5,543
Estimated fair value for held to maturity	5,213	5,543
Equity Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Investment securities available for sale, amortized cost	53,832	307,964
Investment securities available for sale, gross unrealized gains	30,680	45,073
Investment securities available for sale, gross unrealized losses	466	571
Investment securities available for sale, estimated fair value	$ 84,046	$ 352,466

Investment Securities - Additio

Investment Securities - Additional Information (Detail)	3 Months Ended	6 Months Ended
	Jun. 30, 2017USD ($)Investment	Jun. 30, 2016USD ($)	Dec. 31, 2016USD ($)
Amortized Cost And Fair Value Debt Securities [Abstract]
Gross realized gains on sale of investment securities	$ 0	$ 0
Number of investment securities with aggregate gross unrealized losses | Investment	1,038
Unrealized losses on individual investment securities	$ 146,074,000		$ 186,233,000
Cost method investment securities	$ 499,000,000

Investment Securities - Amort42

Investment Securities - Amortized Cost and Estimated Fair Value of Debt Securities by Contractual Maturity (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Debt securities available for sale:
Due in one year or less	$ 393,523
Due after one year through five years	1,730,289
Due after five years through ten years	72,374
Due after ten years	59,287
Total available for sale (amortized cost)	2,255,473
Mortgage-backed securities available for sale	9,601,846
Total	11,857,319
Debt securities held to maturity:
Due in one year or less	21,284
Due after one year through five years	16,110
Due after five years through ten years	1,564
Due after ten years	5,213
Total available for held to maturity (amortized cost)	44,171
Mortgage-backed securities held to maturity	3,344,097
Amortized cost for held to maturity	3,388,268	$ 2,457,278
Debt securities available for sale:
Due in one year or less	392,835
Due after one year through five years	1,720,332
Due after five years through ten years	72,728
Due after ten years	50,707
Total available for sale (fair value)	2,236,602
Mortgage-backed securities available for sale	9,608,217
Total	11,844,819
Debt securities held to maturity:
Due in one year or less	21,363
Due after one year through five years	16,068
Due after five years through ten years	1,613
Due after ten years	5,213
Total available for held to maturity (fair value)	44,257
Mortgage-backed securities held to maturity	3,336,275
Total	$ 3,380,532	$ 2,451,222

Investment Securities - Investm

Investment Securities - Investment Securities in Continuous Unrealized Loss Position (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Estimated fair value, Less than 12 months	$ 6,531,856	$ 8,458,946
Available For Sale Securities Continuous Unrealized Losses Position Less Than Twelve Months Aggregate Losses	(88,744)	(123,747)
Estimated fair value, 12 months or more	150,376	169,469
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or More Aggregate Losses	(12,047)	(17,768)
Held to maturity, Estimated fair value, Less than 12 months	1,055,438	654,731
Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses	(11,392)	(8,190)
Held to maturity, Estimated fair value, 12 months or more	85,587	86,388
Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses	(33,891)	(36,528)
Total investment securities, fair value less than 12 months	7,587,294	9,113,677
Investment Securities Continuous Unrealized Loss Position Less Than Twelve Months Aggregate Losses	(100,136)	(131,937)
Total of investment securities, fair value, 12 Months or More	235,963	255,857
Investment Securities Continuous Unrealized Loss Position Twelve Months or Longer Aggregate Losses	(45,938)	(54,296)
U.S. Treasury and Federal Agencies [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Estimated fair value, Less than 12 months	1,952,450	1,710,241
Available For Sale Securities Continuous Unrealized Losses Position Less Than Twelve Months Aggregate Losses	(10,838)	(9,950)
Estimated fair value, 12 months or more		2,295
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or More Aggregate Losses		(2)
Obligations of States and Political Subdivisions [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Estimated fair value, 12 months or more	474	593
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or More Aggregate Losses	(2)	(6)
Held to maturity, Estimated fair value, Less than 12 months	8,698	17,988
Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses	(68)	(126)
Held to maturity, Estimated fair value, 12 months or more	8,496	11,891
Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses	(57)	(98)
Government Issued or Guaranteed [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Estimated fair value, Less than 12 months	4,560,342	6,730,829
Available For Sale Securities Continuous Unrealized Losses Position Less Than Twelve Months Aggregate Losses	(77,584)	(113,374)
Estimated fair value, 12 months or more	89,307	81,003
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or More Aggregate Losses	(841)	(615)
Held to maturity, Estimated fair value, Less than 12 months	1,046,740	618,832
Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses	(11,324)	(6,842)
Held to maturity, Estimated fair value, 12 months or more	18,420	17,481
Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses	(562)	(532)
Privately Issued Mortgage-Backed Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Estimated fair value, 12 months or more	19	27
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or More Aggregate Losses	(1)	(1)
Other Debt Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Estimated fair value, Less than 12 months	998	100
Available For Sale Securities Continuous Unrealized Losses Position Less Than Twelve Months Aggregate Losses	(2)	(1)
Estimated fair value, 12 months or more	60,422	85,400
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or More Aggregate Losses	(11,057)	(16,995)
Equity Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Estimated fair value, Less than 12 months	18,066	17,776
Available For Sale Securities Continuous Unrealized Losses Position Less Than Twelve Months Aggregate Losses	(320)	(422)
Estimated fair value, 12 months or more	154	151
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or More Aggregate Losses	(146)	(149)
Privately Issued [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Held to maturity, Estimated fair value, Less than 12 months		17,911
Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses		(1,222)
Held to maturity, Estimated fair value, 12 months or more	58,671	57,016
Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses	$ (33,272)	$ (35,898)

Loans and Leases and the Allo44

Loans and Leases and the Allowance for Credit Losses - Summary of Current, Past Due and Nonaccrual Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current	$ 86,347,768	$ 87,968,321
30-89 Days Past Due	1,025,061	1,025,245
Accruing Loans Past Due 90 Days or More	265,461	300,659
Purchased Impaired	512,393	578,032
Nonaccrual	872,374	920,015
Loans and leases, net of unearned discount	89,080,555	90,853,416
Accruing Loans Acquired at Discount [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Loans Past Due 90 Days or More	57,498	61,144
Commercial, Financial, Leasing, etc. [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current	21,936,863	22,287,857
30-89 Days Past Due	49,066	53,503
Accruing Loans Past Due 90 Days or More	1,126	6,195
Purchased Impaired	2,307	641
Nonaccrual	201,295	261,434
Loans and leases, net of unearned discount	22,191,051	22,610,047
Commercial, Financial, Leasing, etc. [Member] | Accruing Loans Acquired at Discount [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Loans Past Due 90 Days or More	394	417
Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current	25,237,177	25,076,684
30-89 Days Past Due	256,218	183,531
Accruing Loans Past Due 90 Days or More	19,187	7,054
Purchased Impaired	24,518	31,404
Nonaccrual	201,518	176,201
Loans and leases, net of unearned discount	25,750,262	25,487,744
Commercial [Member] | Accruing Loans Acquired at Discount [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Loans Past Due 90 Days or More	11,644	12,870
Residential Builder and Developer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current	1,639,210	1,884,989
30-89 Days Past Due	11,172	4,667
Accruing Loans Past Due 90 Days or More		5
Purchased Impaired	10,960	14,006
Nonaccrual	7,389	16,707
Loans and leases, net of unearned discount	1,670,536	1,922,326
Residential Builder and Developer [Member] | Accruing Loans Acquired at Discount [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Loans Past Due 90 Days or More	1,805	1,952
Other Commercial Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current	5,808,838	5,985,118
30-89 Days Past Due	83,700	77,701
Accruing Loans Past Due 90 Days or More	7,481	922
Purchased Impaired	12,209	14,274
Nonaccrual	15,965	18,111
Loans and leases, net of unearned discount	5,928,193	6,096,324
Other Commercial Construction [Member] | Accruing Loans Acquired at Discount [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Loans Past Due 90 Days or More		198
Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current	16,438,548	17,631,377
30-89 Days Past Due	424,098	485,468
Accruing Loans Past Due 90 Days or More	233,081	281,298
Purchased Impaired	336,177	378,549
Nonaccrual	236,813	229,242
Loans and leases, net of unearned discount	17,676,687	19,017,471
Residential [Member] | Accruing Loans Acquired at Discount [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Loans Past Due 90 Days or More	7,970	11,537
Residential Limited Documentation [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current	2,968,241	3,239,344
30-89 Days Past Due	82,569	88,366
Accruing Loans Past Due 90 Days or More	300
Purchased Impaired	126,222	139,158
Nonaccrual	106,152	106,573
Loans and leases, net of unearned discount	3,283,484	3,573,441
Home Equity Lines and Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current	5,337,934	5,502,091
30-89 Days Past Due	32,378	44,565
Accruing Loans Past Due 90 Days or More	773
Nonaccrual	77,471	81,815
Loans and leases, net of unearned discount	5,460,188	5,641,149
Home Equity Lines and Loans [Member] | Accruing Loans Acquired at Discount [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Loans Past Due 90 Days or More	11,632	12,678
Automobile [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current	3,166,912	2,869,232
30-89 Days Past Due	59,243	56,158
Nonaccrual	17,154	18,674
Loans and leases, net of unearned discount	3,243,310	2,944,065
Automobile [Member] | Accruing Loans Acquired at Discount [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Loans Past Due 90 Days or More	1	1
Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current	3,814,045	3,491,629
30-89 Days Past Due	26,617	31,286
Accruing Loans Past Due 90 Days or More	3,513	5,185
Nonaccrual	8,617	11,258
Loans and leases, net of unearned discount	3,876,844	3,560,849
Other [Member] | Accruing Loans Acquired at Discount [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing Loans Past Due 90 Days or More	$ 24,052	$ 21,491

Loans and Leases and the Allo45

Loans and Leases and the Allowance for Credit Losses - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Loans And Leases Receivable [Line Items]
Commercial real estate loans held for sale	$ 208	$ 643
Contractual principal and interest payments	$ 512	578
Loan delinquent period	90 days
Minimum delinquency period for loan level collectability analysis consumer mortgage	150 days
Amount of foreclosed residential real estate property held	$ 100	129
Loans secured by residential real estate that were in the process of foreclosure	$ 576	506
Percentage loans in the process of foreclosure, serviced by other entities, classified as purchased impaired	51.00%
Percentage loans in the process of foreclosure, serviced by other entities, classified as government guaranteed	18.00%
Residential Mortgage Loans [Member]
Loans And Leases Receivable [Line Items]
Mortgage loans held for sale	$ 340	414
Carrying value of loans for which partial charge-off has been recognized	42	44
Mortgage loans on real real estate not requiring charge off due to collateral carrying amount	18	16
Home Equity Loans and Lines of Credit [Member]
Loans And Leases Receivable [Line Items]
Carrying value of loans for which partial charge-off has been recognized	26	32
Mortgage loans on real real estate not requiring charge off due to collateral carrying amount	$ 37	$ 39
Maximum [Member]
Loans And Leases Receivable [Line Items]
Purchased impaired loans as a percentage of total assets	1.00%	1.00%

Loans and Leases and the Allo46

Loans and Leases and the Allowance for Credit Losses - Outstanding Principal Balance and Carrying Amount of Loans and Included in Consolidated Balance Sheet (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Outstanding principal and carrying value of acquired loans recorded at fair value
Outstanding principal balance	$ 1,842,739	$ 2,311,699
Carrying amount	1,378,168	1,804,271
Commercial, Financial, Leasing, etc. [Member]
Outstanding principal and carrying value of acquired loans recorded at fair value
Carrying amount	51,728	59,928
Commercial Real Estate [Member]
Outstanding principal and carrying value of acquired loans recorded at fair value
Carrying amount	368,661	456,820
Residential Real Estate [Member]
Outstanding principal and carrying value of acquired loans recorded at fair value
Carrying amount	717,139	799,802
Consumer [Member]
Outstanding principal and carrying value of acquired loans recorded at fair value
Carrying amount	$ 240,640	$ 487,721

Loans and Leases and the Allo47

Loans and Leases and the Allowance for Credit Losses - Summary of Changes in Accretable Yield for Acquired Loans (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Purchased Impaired [Member]
Summary of changes in Accretable Yield for acquired loans
Balance at beginning of period	$ 143,454	$ 171,185	$ 154,233	$ 184,618
Interest income	(10,806)	(14,060)	(21,731)	(28,122)
Reclassifications from nonaccretable balance	884	4,898	1,030	5,527
Balance at end of period	133,532	162,023	133,532	162,023
Other Acquired [Member]
Summary of changes in Accretable Yield for acquired loans
Balance at beginning of period	181,310	269,017	201,153	296,434
Interest income	(20,923)	(32,898)	(46,441)	(70,760)
Reclassifications from nonaccretable balance	1,852	2,933	5,035	8,597
Other	860	6,143	3,352	10,924
Balance at end of period	$ 163,099	$ 245,195	$ 163,099	$ 245,195

Loans and Leases and the Allo48

Loans and Leases and the Allowance for Credit Losses - Changes in Allowance for Credit Losses (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	$ 1,001,430	$ 962,752	$ 988,997	$ 955,992
Provision for credit losses	52,000	32,000	107,000	81,000
Net charge-offs
Charge-offs	(61,682)	(46,870)	(124,246)	(105,582)
Recoveries	16,477	22,614	36,474	39,086
Net (charge-offs) recoveries	(45,205)	(24,256)	(87,772)	(66,496)
Ending balance	1,008,225	970,496	1,008,225	970,496
Commercial, Financial, Leasing, etc. [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	347,760	323,866	330,833	300,404
Provision for credit losses	13,368	(10,919)	42,191	13,445
Net charge-offs
Charge-offs	(25,247)	(7,487)	(41,604)	(13,636)
Recoveries	3,433	10,619	7,894	15,866
Net (charge-offs) recoveries	(21,814)	3,132	(33,710)	2,230
Ending balance	339,314	316,079	339,314	316,079
Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	360,010	331,985	362,719	326,831
Provision for credit losses	7,638	15,823	8,900	19,836
Net charge-offs
Charge-offs	(1,853)	(733)	(7,298)	(2,005)
Recoveries	434	2,599	1,908	5,012
Net (charge-offs) recoveries	(1,419)	1,866	(5,390)	3,007
Ending balance	366,229	349,674	366,229	349,674
Residential Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	62,012	68,371	61,127	72,238
Provision for credit losses	7,163	4,404	12,800	5,622
Net charge-offs
Charge-offs	(5,899)	(5,090)	(12,158)	(12,062)
Recoveries	2,730	1,975	4,237	3,862
Net (charge-offs) recoveries	(3,169)	(3,115)	(7,921)	(8,200)
Ending balance	66,006	69,660	66,006	69,660
Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	153,172	160,819	156,288	178,320
Provision for credit losses	24,190	22,681	43,022	42,574
Net charge-offs
Charge-offs	(28,683)	(33,560)	(63,186)	(77,879)
Recoveries	9,880	7,421	22,435	14,346
Net (charge-offs) recoveries	(18,803)	(26,139)	(40,751)	(63,533)
Ending balance	158,559	157,361	158,559	157,361
Unallocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	78,476	77,711	78,030	78,199
Provision for credit losses	(359)	11	87	(477)
Net charge-offs
Ending balance	$ 78,117	$ 77,722	$ 78,117	$ 77,722

Loans and Leases and the Allo49

Loans and Leases and the Allowance for Credit Losses - Impaired Loans and Leases (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable Impaired [Line Items]
Recorded investment with related allowance	$ 506,873	$ 484,498
Unpaid principal balance with related allowance	592,553	558,385
Related allowance	83,038	83,054
Recorded investment with no related allowance	239,690	276,634
Unpaid principal balance with no related allowance	309,408	351,788
Recorded investment	746,563	761,132
Unpaid principal balance	901,961	910,173
Commercial Real Estate [Member]
Financing Receivable Impaired [Line Items]
Recorded investment with related allowance	91,624	71,862
Unpaid principal balance with related allowance	107,191	86,666
Related allowance	11,047	11,620
Recorded investment with no related allowance	132,061	113,276
Unpaid principal balance with no related allowance	141,025	121,846
Recorded investment	223,685	185,138
Unpaid principal balance	248,216	208,512
Automobile [Member]
Financing Receivable Impaired [Line Items]
Recorded investment with related allowance	14,919	16,982
Unpaid principal balance with related allowance	17,153	18,272
Related allowance	3,149	3,740
Recorded investment	14,919	16,982
Unpaid principal balance	17,153	18,272
Commercial, Financial, Leasing, etc. [Member]
Financing Receivable Impaired [Line Items]
Recorded investment with related allowance	162,881	168,072
Unpaid principal balance with related allowance	186,158	184,432
Related allowance	50,377	48,480
Recorded investment with no related allowance	63,884	100,805
Unpaid principal balance with no related allowance	85,046	124,786
Recorded investment	226,765	268,877
Unpaid principal balance	271,204	309,218
Residential Builder and Developer [Member]
Financing Receivable Impaired [Line Items]
Recorded investment with related allowance	5,656	7,396
Unpaid principal balance with related allowance	5,834	8,361
Related allowance	350	506
Recorded investment with no related allowance	5,791	14,368
Unpaid principal balance with no related allowance	13,227	21,124
Recorded investment	11,447	21,764
Unpaid principal balance	19,061	29,485
Other Commercial Construction [Member]
Financing Receivable Impaired [Line Items]
Recorded investment with related allowance	1,825	2,475
Unpaid principal balance with related allowance	2,102	2,731
Related allowance	327	448
Recorded investment with no related allowance	14,382	15,933
Unpaid principal balance with no related allowance	33,641	35,281
Recorded investment	16,207	18,408
Unpaid principal balance	35,743	38,012
Residential [Member]
Financing Receivable Impaired [Line Items]
Recorded investment with related allowance	96,638	86,680
Unpaid principal balance with related allowance	117,969	105,944
Related allowance	3,610	3,457
Recorded investment with no related allowance	12,672	16,823
Unpaid principal balance with no related allowance	18,156	24,161
Recorded investment	109,310	103,503
Unpaid principal balance	136,125	130,105
Residential Limited Documentation [Member]
Financing Receivable Impaired [Line Items]
Recorded investment with related allowance	82,086	82,547
Unpaid principal balance with related allowance	97,879	97,718
Related allowance	4,700	6,000
Recorded investment with no related allowance	10,900	15,429
Unpaid principal balance with no related allowance	18,313	24,590
Recorded investment	92,986	97,976
Unpaid principal balance	116,192	122,308
Home Equity Lines and Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded investment with related allowance	47,890	44,693
Unpaid principal balance with related allowance	52,611	48,965
Related allowance	8,791	8,027
Recorded investment	47,890	44,693
Unpaid principal balance	52,611	48,965
Other [Member]
Financing Receivable Impaired [Line Items]
Recorded investment with related allowance	3,354	3,791
Unpaid principal balance with related allowance	5,656	5,296
Related allowance	687	776
Recorded investment	3,354	3,791
Unpaid principal balance	$ 5,656	$ 5,296

Loans and Leases and the Allo50

Loans and Leases and the Allowance for Credit Losses - Interest Income Recognized on Impaired Loans (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment	$ 729,652	$ 787,380	$ 743,728	$ 793,497
Interest Income Recognized, Total	5,844	10,894	12,455	16,666
Interest Income Recognized, Cash Basis	3,231	8,628	7,240	12,453
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment	200,005	175,028	191,935	178,741
Interest Income Recognized, Total	813	611	1,788	2,085
Interest Income Recognized, Cash Basis	813	611	1,788	2,085
Commercial, Financial, Leasing, etc. [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment	230,767	291,970	251,352	294,277
Interest Income Recognized, Total	805	5,700	1,283	6,311
Interest Income Recognized, Cash Basis	805	5,700	1,283	6,311
Residential Builder and Developer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment	15,577	31,751	17,552	32,750
Interest Income Recognized, Total	467	41	896	83
Interest Income Recognized, Cash Basis	467	41	896	83
Other Commercial Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment	14,213	20,955	14,922	18,911
Interest Income Recognized, Total	86	335	933	373
Interest Income Recognized, Cash Basis	86	335	933	373
Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment	108,036	97,936	106,166	97,362
Interest Income Recognized, Total	1,465	1,834	3,101	3,206
Interest Income Recognized, Cash Basis	606	1,139	1,380	2,021
Residential Limited Documentation [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment	95,208	103,795	96,033	105,634
Interest Income Recognized, Total	1,449	1,607	2,949	3,079
Interest Income Recognized, Cash Basis	339	640	723	1,270
Home Equity Lines and Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment	46,872	34,234	46,327	30,127
Interest Income Recognized, Total	422	323	821	569
Interest Income Recognized, Cash Basis	91	98	191	183
Automobile [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment	15,506	20,542	15,931	21,252
Interest Income Recognized, Total	262	322	537	661
Interest Income Recognized, Cash Basis	21	28	40	64
Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment	3,468	11,169	3,510	14,443
Interest Income Recognized, Total	75	121	147	299
Interest Income Recognized, Cash Basis	$ 3	$ 36	$ 6	$ 63

Loans and Leases and the Allo51

Loans and Leases and the Allowance for Credit Losses - Summary of Loan Grades (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment [Line Items]
Loans and leases, net of unearned discount	$ 89,080,555	$ 90,853,416
Commercial, Financial, Leasing, etc. [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and leases, net of unearned discount	22,191,051	22,610,047
Commercial, Financial, Leasing, etc. [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and leases, net of unearned discount	21,096,685	21,398,581
Commercial, Financial, Leasing, etc. [Member] | Criticized Accrual [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and leases, net of unearned discount	893,071	950,032
Commercial, Financial, Leasing, etc. [Member] | Criticized Nonaccrual [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and leases, net of unearned discount	201,295	261,434
Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and leases, net of unearned discount	25,750,262	25,487,744
Commercial [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and leases, net of unearned discount	24,830,082	24,570,269
Commercial [Member] | Criticized Accrual [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and leases, net of unearned discount	718,662	741,274
Commercial [Member] | Criticized Nonaccrual [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and leases, net of unearned discount	201,518	176,201
Residential Builder and Developer [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and leases, net of unearned discount	1,670,536	1,922,326
Residential Builder and Developer [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and leases, net of unearned discount	1,592,047	1,789,071
Residential Builder and Developer [Member] | Criticized Accrual [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and leases, net of unearned discount	71,100	116,548
Residential Builder and Developer [Member] | Criticized Nonaccrual [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and leases, net of unearned discount	7,389	16,707
Other Commercial Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and leases, net of unearned discount	5,928,193	6,096,324
Other Commercial Construction [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and leases, net of unearned discount	5,757,119	5,912,351
Other Commercial Construction [Member] | Criticized Accrual [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and leases, net of unearned discount	155,109	165,862
Other Commercial Construction [Member] | Criticized Nonaccrual [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and leases, net of unearned discount	$ 15,965	$ 18,111

Loans and Leases and the Allo52

Loans and Leases and the Allowance for Credit Losses - Allocation of Allowance for Credit Losses on Basis of Company's Impairment Methodology (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses	$ 83,038		$ 82,980
Allowance for credit losses	836,674		822,392
Allowance for credit losses	1,008,225	$ 1,001,430	988,997	$ 970,496	$ 962,752	$ 955,992
Purchased Impaired [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses	10,396		5,595
Allocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses	930,108		910,967
Unallocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses	78,117	$ 78,476	78,030	$ 77,722	$ 77,711	$ 78,199
Commercial, Financial, Leasing, etc. [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses	50,377		48,480
Allowance for credit losses	288,937		282,353
Commercial, Financial, Leasing, etc. [Member] | Allocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses	339,314		330,833
Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses	11,724		12,500
Allowance for credit losses	352,539		348,301
Commercial Real Estate [Member] | Purchased Impaired [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses	1,966		1,918
Commercial Real Estate [Member] | Allocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses	366,229		362,719
Residential Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses	8,310		9,457
Allowance for credit losses	49,266		47,993
Residential Real Estate [Member] | Purchased Impaired [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses	8,430		3,677
Residential Real Estate [Member] | Allocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses	66,006		61,127
Consumer Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses	12,627		12,543
Allowance for credit losses	145,932		143,745
Consumer Loans [Member] | Allocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses	$ 158,559		$ 156,288

Loans and Leases and the Allo53

Loans and Leases and the Allowance for Credit Losses - Recorded Investment in Loans and Leases on Basis of Company's Impairment Methodology (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment [Line Items]
Recorded investment in loans and leases, individually evaluated for impairment	$ 746,563	$ 760,452
Recorded investment in loans and leases, collectively evaluated for impairment	87,821,599	89,514,932
Recorded investment in loans and leases, purchased impaired	512,393	578,032
Loans and leases, net of unearned discount	89,080,555	90,853,416
Commercial, Financial, Leasing, etc. [Member]
Financing Receivable, Recorded Investment [Line Items]
Recorded investment in loans and leases, individually evaluated for impairment	226,765	268,877
Recorded investment in loans and leases, collectively evaluated for impairment	21,961,979	22,340,529
Recorded investment in loans and leases, purchased impaired	2,307	641
Loans and leases, net of unearned discount	22,191,051	22,610,047
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Recorded investment in loans and leases, individually evaluated for impairment	251,339	224,630
Recorded investment in loans and leases, collectively evaluated for impairment	33,049,965	33,222,080
Recorded investment in loans and leases, purchased impaired	47,687	59,684
Loans and leases, net of unearned discount	33,348,991	33,506,394
Residential Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Recorded investment in loans and leases, individually evaluated for impairment	202,296	201,479
Recorded investment in loans and leases, collectively evaluated for impairment	20,295,476	21,871,726
Recorded investment in loans and leases, purchased impaired	462,399	517,707
Loans and leases, net of unearned discount	20,960,171	22,590,912
Consumer Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Recorded investment in loans and leases, individually evaluated for impairment	66,163	65,466
Recorded investment in loans and leases, collectively evaluated for impairment	12,514,179	12,080,597
Loans and leases, net of unearned discount	$ 12,580,342	$ 12,146,063

Loans and Leases and the Allo54

Loans and Leases and the Allowance for Credit Losses - Loan Modification Activities that were Considered Troubled Debt Restructurings (Detail) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)Modification	Jun. 30, 2016USD ($)Modification	Jun. 30, 2017USD ($)Modification	Jun. 30, 2016USD ($)Modification
Financing Receivable, Modifications [Line Items]
Number of modifications | Modification	191	216	359	435
Pre-modification recorded investment	$ 105,222	$ 106,670	$ 149,914	$ 141,574
Post- modification	$ 89,163	$ 104,458	$ 129,055	$ 140,601
Commercial Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Number of modifications | Modification	30	16	50	37
Pre-modification recorded investment	$ 26,045	$ 14,643	$ 32,747	$ 22,059
Post- modification	26,058	14,294	32,655	21,666
Principal Deferral [Member]
Financing Receivable, Modifications [Line Items]
Post- modification	24,087	73,588	37,734	93,316
Principal Deferral [Member] | Commercial Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Post- modification	11,782	2,710	14,773	6,158
Other [Member]
Financing Receivable, Modifications [Line Items]
Post- modification	5,556	4,613	6,853	4,676
Other [Member] | Commercial Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Post- modification		4,576		4,576
Combination of Concession Types [Member]
Financing Receivable, Modifications [Line Items]
Post- modification	59,520	26,257	84,468	42,609
Combination of Concession Types [Member] | Commercial Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Post- modification	$ 14,276	$ 7,008	$ 17,882	$ 10,932
Commercial, Financial, Leasing, etc. [Member]
Financing Receivable, Modifications [Line Items]
Number of modifications | Modification	63	38	113	69
Pre-modification recorded investment	$ 65,613	$ 60,990	$ 77,534	$ 78,718
Post- modification	48,960	59,874	56,883	78,547
Commercial, Financial, Leasing, etc. [Member] | Principal Deferral [Member]
Financing Receivable, Modifications [Line Items]
Post- modification	8,172	45,657	12,561	58,378
Commercial, Financial, Leasing, etc. [Member] | Other [Member]
Financing Receivable, Modifications [Line Items]
Post- modification	5,556		6,362
Commercial, Financial, Leasing, etc. [Member] | Combination of Concession Types [Member]
Financing Receivable, Modifications [Line Items]
Post- modification	$ 35,232	$ 14,217	$ 37,960	$ 20,169
Residential Builder and Developer [Member]
Financing Receivable, Modifications [Line Items]
Number of modifications | Modification		3	3	3
Pre-modification recorded investment		$ 23,905	$ 12,291	$ 23,905
Post- modification		22,958	10,879	22,958
Residential Builder and Developer [Member] | Principal Deferral [Member]
Financing Receivable, Modifications [Line Items]
Post- modification		$ 22,958		$ 22,958
Residential Builder and Developer [Member] | Combination of Concession Types [Member]
Financing Receivable, Modifications [Line Items]
Post- modification			$ 10,879
Other Commercial Construction [Member]
Financing Receivable, Modifications [Line Items]
Number of modifications | Modification	1	2	2	2
Pre-modification recorded investment	$ 66	$ 374	$ 168	$ 374
Post- modification	66	374	168	374
Other Commercial Construction [Member] | Principal Deferral [Member]
Financing Receivable, Modifications [Line Items]
Post- modification	$ 66	250	$ 168	250
Other Commercial Construction [Member] | Combination of Concession Types [Member]
Financing Receivable, Modifications [Line Items]
Post- modification		$ 124		$ 124
Residential [Member]
Financing Receivable, Modifications [Line Items]
Number of modifications | Modification	30	16	71	43
Pre-modification recorded investment	$ 7,956	$ 2,006	$ 17,336	$ 6,308
Post- modification	8,468	2,162	18,416	6,722
Residential [Member] | Principal Deferral [Member]
Financing Receivable, Modifications [Line Items]
Post- modification	2,982	1,040	8,575	3,231
Residential [Member] | Combination of Concession Types [Member]
Financing Receivable, Modifications [Line Items]
Post- modification	$ 5,486	$ 1,122	$ 9,841	$ 3,491
Residential Limited Documentation [Member]
Financing Receivable, Modifications [Line Items]
Number of modifications | Modification	7	2	13	8
Pre-modification recorded investment	$ 1,831	$ 151	$ 3,209	$ 1,588
Post- modification	1,895	195	3,420	1,712
Residential Limited Documentation [Member] | Principal Deferral [Member]
Financing Receivable, Modifications [Line Items]
Post- modification	235	$ 195	235	333
Residential Limited Documentation [Member] | Combination of Concession Types [Member]
Financing Receivable, Modifications [Line Items]
Post- modification	$ 1,660		$ 3,185	$ 1,379
Home Equity Lines and Loans [Member]
Financing Receivable, Modifications [Line Items]
Number of modifications | Modification	35	32	60	58
Pre-modification recorded investment	$ 3,229	$ 3,806	$ 5,731	$ 6,637
Post- modification	3,234	3,806	5,736	6,637
Home Equity Lines and Loans [Member] | Principal Deferral [Member]
Financing Receivable, Modifications [Line Items]
Post- modification	416	69	579	404
Home Equity Lines and Loans [Member] | Other [Member]
Financing Receivable, Modifications [Line Items]
Post- modification			491
Home Equity Lines and Loans [Member] | Combination of Concession Types [Member]
Financing Receivable, Modifications [Line Items]
Post- modification	$ 2,818	$ 3,737	$ 4,666	$ 6,233
Automobile [Member]
Financing Receivable, Modifications [Line Items]
Number of modifications | Modification	22	66	42	138
Pre-modification recorded investment	$ 428	$ 175	$ 818	$ 819
Post- modification	428	175	818	819
Automobile [Member] | Principal Deferral [Member]
Financing Receivable, Modifications [Line Items]
Post- modification	380	158	763	679
Automobile [Member] | Other [Member]
Financing Receivable, Modifications [Line Items]
Post- modification		$ 17		55
Automobile [Member] | Combination of Concession Types [Member]
Financing Receivable, Modifications [Line Items]
Post- modification	$ 48		$ 55	$ 85
Other [Member]
Financing Receivable, Modifications [Line Items]
Number of modifications | Modification	3	41	5	77
Pre-modification recorded investment	$ 54	$ 620	$ 80	$ 1,166
Post- modification	54	620	80	1,166
Other [Member] | Principal Deferral [Member]
Financing Receivable, Modifications [Line Items]
Post- modification	$ 54	551	$ 80	925
Other [Member] | Other [Member]
Financing Receivable, Modifications [Line Items]
Post- modification		20		45
Other [Member] | Combination of Concession Types [Member]
Financing Receivable, Modifications [Line Items]
Post- modification		$ 49		$ 196

Borrowings - Additional Informa

Borrowings - Additional Information (Detail) - USD ($) $ in Millions	1 Months Ended	6 Months Ended
	May 31, 2017	Jun. 30, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Junior subordinated debentures		$ 518
Trust preferred capital securities		0.00%
Debt Maturity, Start Year		Jan. 1, 2027
Debt Maturity, End Year		Dec. 31, 2033
Agreements to repurchase securities		$ 428	$ 1,100
Collateral posted		$ 448	$ 1,100
Bank Note Program [Member]
Debt Instrument [Line Items]
Senior notes	$ 900
Debt instrument maturity year	May 31, 2022
Bank Note Program Fixed Interest Rate [Member]
Debt Instrument [Line Items]
Senior notes	$ 650
Fixed interest rate	2.50%
London Interbank Offered Rate (LIBOR) [Member] | Bank Note Program Variable Interest Rate [Member]
Debt Instrument [Line Items]
Senior notes	$ 250
Fixed Rate Senior Notes [Member]
Debt Instrument [Line Items]
Fixed interest rate		1.40%
Debt instrument maturity year		Jul. 25, 2017
Repayments of senior notes		$ 750
Debt instrument, redemption, description		The notes had a maturity date of July 25, 2017 and were redeemable on or after the 30th day prior to the maturity date.

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Detail) - $ / shares	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Class of Stock [Line Items]
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, par value	$ 1	$ 1
Warrant [Member] | Assumed In Acquisition [Member]
Class of Stock [Line Items]
Exercise price of each class of warrants or rights outstanding	$ 518.65
Warrant to purchase common stock	95,440
Warrants, year of expiration	2,018

Shareholders' Equity - Issued a

Shareholders' Equity - Issued and Outstanding Preferred Stock (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Class of Stock [Line Items]
Carrying Value	$ 1,231,500	$ 1,231,500
Series A Fixed Rate Cumulative Perpetual Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, Shares Issued	230,000	230,000
Preferred stock, Shares Outstanding	230,000	230,000
Carrying Value	$ 230,000	$ 230,000
Series C Fixed Rate Cumulative Perpetual Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, Shares Issued	151,500	151,500
Preferred stock, Shares Outstanding	151,500	151,500
Carrying Value	$ 151,500	$ 151,500
Series E Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, Shares Issued	350,000	350,000
Preferred stock, Shares Outstanding	350,000	350,000
Carrying Value	$ 350,000	$ 350,000
Series F Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, Shares Issued	50,000	50,000
Preferred stock, Shares Outstanding	50,000	50,000
Carrying Value	$ 500,000	$ 500,000

Shareholders' Equity - Issued58

Shareholders' Equity - Issued and Outstanding Preferred Stock (Parenthetical) (Detail) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Series A Fixed Rate Cumulative Perpetual Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, liquidation preference per share	$ 1,000	$ 1,000
Preferred stock dividend rate	6.375%	6.375%
Exercise price of each class of warrants or rights outstanding	$ 73.82	$ 73.82
Warrants and rights outstanding	485,637
Warrants, year of expiration	2,018	2,018
Series C Fixed Rate Cumulative Perpetual Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, liquidation preference per share	$ 1,000	$ 1,000
Preferred stock dividend rate	6.375%	6.375%
Series E Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, liquidation preference per share	$ 1,000	$ 1,000
Preferred stock dividend rate	6.45%	6.45%
Date of change in the dividend rate	Feb. 14, 2024	Feb. 14, 2024
London Interbank offered rate plus basis points	3.61%	3.61%
Preferred shares redemption date	Feb. 15, 2024	Feb. 15, 2024
Preferred Stock, Redemption Feature, Redemption Term	90 days	90 days
Series F Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, liquidation preference per share	$ 10,000	$ 10,000
Preferred stock dividend rate	5.125%	5.125%
Date of change in the dividend rate	Oct. 31, 2026	Oct. 31, 2026
London Interbank offered rate plus basis points	3.52%	3.52%
Preferred shares redemption date	Nov. 1, 2026	Nov. 1, 2026
Preferred Stock, Redemption Feature, Redemption Term	90 days	90 days

Pension Plans and Other Postr59

Pension Plans and Other Postretirement Benefits - Net Periodic Defined Benefit Cost for Defined Benefit Plans (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 5,189	$ 6,137	$ 10,097	$ 12,519
Interest cost on projected benefit obligation	19,943	20,822	39,634	41,705
Expected return on plan assets	(27,062)	(26,423)	(54,262)	(54,237)
Amortization of prior service cost (credit)	154	(789)	279	(1,614)
Amortization of net actuarial loss (gain)	7,831	6,773	14,631	15,073
Net periodic benefit cost	6,055	6,520	10,379	13,446
Other Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	202	340	585	798
Interest cost on projected benefit obligation	778	1,281	1,858	2,486
Amortization of prior service cost (credit)	(329)	(330)	(679)	(680)
Amortization of net actuarial loss (gain)	(469)	30	(494)	30
Net periodic benefit cost	$ 182	$ 1,321	$ 1,270	$ 2,634

Pension Plans and Other Postr60

Pension Plans and Other Postretirement Benefits - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Compensation And Retirement Disclosure [Abstract]
Defined contribution pension and retirement savings plans total expense	$ 17,623,000	$ 15,274,000	$ 37,042,000	$ 32,964,000

Earnings Per Common Share - Com

Earnings Per Common Share - Computations of Basic Earnings Per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income available to common shareholders:
Net income	$ 381,053	$ 336,031	$ 729,980	$ 634,559
Less: Preferred stock dividends	(18,237)	(20,317)	(36,474)	(40,635)
Net income available to common equity	362,816	315,714	693,506	593,924
Less: Income attributable to unvested stock-based compensation awards	(2,158)	(2,746)	(4,298)	(5,227)
Net income available to common shareholders	$ 360,658	$ 312,968	$ 689,208	$ 588,697
Weighted-average shares outstanding:
Common shares outstanding (including common stock issuable) and unvested stock-based compensation awards	153,770	159,164	154,612	159,692
Less: Unvested stock-based compensation awards	(913)	(1,362)	(974)	(1,424)
Weighted-average shares outstanding	152,857	157,802	153,638	158,268
Basic earnings per common share	$ 2.36	$ 1.98	$ 4.49	$ 3.72

Earnings Per Common Share - C62

Earnings Per Common Share - Computations of Diluted Earnings Per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Earnings Per Share [Abstract]
Net income available to common equity	$ 362,816	$ 315,714	$ 693,506	$ 593,924
Less: Income attributable to unvested stock-based compensation awards	(2,154)	(2,740)	(4,289)	(5,217)
Net income available to common shareholders	$ 360,662	$ 312,974	$ 689,217	$ 588,707
Adjusted weighted-average shares outstanding:
Common and unvested stock-based compensation awards	153,770	159,164	154,612	159,692
Less: Unvested stock-based compensation awards	(913)	(1,362)	(974)	(1,424)
Plus: Incremental shares from assumed conversion of stock-based compensation awards and warrants to purchase common stock	419	539	470	493
Adjusted weighted-average shares outstanding	153,276	158,341	154,108	158,761
Diluted earnings per common share	$ 2.35	$ 1.98	$ 4.47	$ 3.71

Earnings Per Common Share - Add

Earnings Per Common Share - Additional Information (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share	412,826	2,688,886	402,367	2,764,731

Comprehensive Income - Componen

Comprehensive Income - Components of Other Comprehensive Income (Loss) and Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Net Income (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance, before tax			$ (485,245)	$ (414,545)
Unrealized holding gains (losses), before tax			23,926	236,378
Foreign currency translation adjustment, before tax			2,502	(2,489)
Unrealized losses on cash flow hedges, before tax			(441)
Total other comprehensive income (loss) before reclassifications, before tax			25,987	233,889
Amortization of unrealized holding losses on held-to-maturity ("HTM") securities, before tax			1,721	2,081
(Gains) losses realized in net income, before tax			17	(268)
Accretion of net gain (losses) on terminated cash flow hedges, before tax			(78)	(77)
Net yield adjustment from cash flow hedges currently in effect, before tax			(1,094)
Amortization of prior service credit, before tax			(400)	(2,294)
Amortization of actuarial losses, before tax			14,137	15,103
Total reclassifications, before tax			14,303	14,545
Total gain (loss) during the period, before tax			40,290	248,434
Ending balance, before tax	$ (444,955)	$ (166,111)	(444,955)	(166,111)
Beginning balance, tax			190,609	162,918
Unrealized holding gains (losses), tax			(9,404)	(93,010)
Foreign currency translation adjustment, tax			(876)	871
Unrealized losses on cash flow hedges, tax			174
Total other comprehensive income (loss) before reclassifications, tax			(10,106)	(92,139)
Amortization of unrealized holding losses on held-to-maturity ("HTM") securities, tax			(677)	(819)
(Gains) losses realized in net income, before tax			(7)	102
Accretion of net gain (losses) on terminated cash flow hedges, tax			31	30
Net yield adjustment from cash flow hedges currently in effect, tax			430
Amortization of prior service credit, tax			157	902
Amortization of actuarial losses, tax			(5,563)	(5,904)
Total reclassifications, tax			(5,629)	(5,689)
Total gain (loss) during the period, tax			(15,735)	(97,828)
Ending balance, tax	174,874	65,090	174,874	65,090
Total other comprehensive income (loss) before reclassifications, tax			(10,106)	(92,139)
Beginning balance, net of tax			(294,636)	(251,627)
Unrealized holding gains (losses), net			14,522	143,368
Foreign currency translation adjustment, net of tax	1,150	(1,565)	1,626	(1,618)
Unrealized losses on cash flow hedges, net of tax			(267)
Total other comprehensive income (loss) before reclassifications, net of tax			15,881	141,750
Amortization of unrealized holding losses on held-to-maturity ("HTM") securities, net of tax			1,044	1,262
(Gains) losses realized in net income, before tax			10	(166)
Accretion of net gain on terminated cash flow hedges, net of tax			(47)	(47)
Net yield adjustment from cash flow hedges currently in effect, net of tax			(664)
Amortization of prior service credit, net of tax			(243)	(1,392)
Amortization of actuarial losses, net of tax			8,574	9,199
Total reclassifications, net of tax			8,674	8,856
Total other comprehensive income	21,486	49,168	24,555	150,606
Ending balance, net of tax	(270,081)	(101,021)	(270,081)	(101,021)
Investment Securities With OTTI [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance, before tax			46,725	16,359
Unrealized holding gains (losses), before tax			(13,802)	9,260
Total other comprehensive income (loss) before reclassifications, before tax			(13,802)	9,260
(Gains) losses realized in net income, before tax			(50)
Total reclassifications, before tax			(50)
Total gain (loss) during the period, before tax			(13,852)	9,260
Ending balance, before tax	32,873	25,619	32,873	25,619
Investment Securities All Other [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance, before tax			(73,785)	62,849
Unrealized holding gains (losses), before tax			37,728	227,118
Total other comprehensive income (loss) before reclassifications, before tax			37,728	227,118
Amortization of unrealized holding losses on held-to-maturity ("HTM") securities, before tax			1,721	2,081
(Gains) losses realized in net income, before tax			67	(268)
Total reclassifications, before tax			1,788	1,813
Total gain (loss) during the period, before tax			39,516	228,931
Ending balance, before tax	(34,269)	291,780	(34,269)	291,780
Defined Benefit Plans [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance, before tax			(449,917)	(489,660)
Amortization of prior service credit, before tax			(400)	(2,294)
Amortization of actuarial losses, before tax			14,137	15,103
Total reclassifications, before tax			13,737	12,809
Total gain (loss) during the period, before tax			13,737	12,809
Ending balance, before tax	(436,180)	(476,851)	(436,180)	(476,851)
Total other comprehensive income			8,331
Other [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance, before tax			(8,268)	(4,093)
Foreign currency translation adjustment, before tax			2,502	(2,489)
Unrealized losses on cash flow hedges, before tax			(441)
Total other comprehensive income (loss) before reclassifications, before tax			2,061	(2,489)
Accretion of net gain (losses) on terminated cash flow hedges, before tax			(78)	(77)
Net yield adjustment from cash flow hedges currently in effect, before tax			(1,094)
Total reclassifications, before tax			(1,172)	(77)
Total gain (loss) during the period, before tax			889	(2,566)
Ending balance, before tax	$ (7,379)	$ (6,659)	$ (7,379)	$ (6,659)

Comprehensive Income - Accumula

Comprehensive Income - Accumulated Other Comprehensive Income (Loss), Net (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance			$ 16,486,622	$ 16,173,289
Net gain (loss) during period	$ 21,486	$ 49,168	24,555	150,606
Ending balance	16,283,537	16,471,514	16,283,537	16,471,514
Investment Securities With OTTI [Member] | Investment Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance			28,338
Net gain (loss) during period			(8,400)
Ending balance	19,938		19,938
Investment Securities All Other [Member] | Investment Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance			(44,657)
Net gain (loss) during period			23,976
Ending balance	(20,681)		(20,681)
Defined Benefit Plans [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance			(272,874)
Net gain (loss) during period			8,331
Ending balance	(264,543)		(264,543)
Accumulated Other Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance			(5,443)
Net gain (loss) during period			648
Ending balance	(4,795)		(4,795)
Accumulated Other Comprehensive Income (Loss), Net [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance			(294,636)	(251,627)
Net gain (loss) during period			24,555
Ending balance	$ (270,081)	$ (101,021)	$ (270,081)	$ (101,021)

Derivative Financial Instrume66

Derivative Financial Instruments - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Derivative [Line Items]
Notional amounts of derivative contracts entered into for trading account purposes	$ 5,700,000,000		$ 5,700,000,000
Net unrealized pre-tax gains related to hedged loans held for sale, commitments to originate loans for sale and commitments to sell loans	26,000,000		26,000,000		$ 28,000,000
Aggregate fair value of derivative financial instruments in a liability position	22,000,000		22,000,000		34,000,000
Net liability positions with counterparties	22,000,000		22,000,000		30,000,000
Aggregate fair value of derivative financial instruments in asset position	8,000,000		8,000,000		15,000,000
Net fair value of derivative financial instruments in a net asset position	8,000,000		8,000,000		11,000,000
Collateral relating to net asset positions	2,000,000		2,000,000		9,000,000
Counterparties [Member]
Derivative [Line Items]
Post collateral requirements relating to positions	22,000,000		22,000,000		27,000,000
Clearinghouse Credit Facilities [Member]
Derivative [Line Items]
Amount of initial margin posted	64,000,000		64,000,000		111,000,000
Net fair value of derivative financial instruments in a net asset position	1,000,000		1,000,000		63,000,000
Collateral relating to net asset positions	1,000,000		1,000,000		81,000,000
Reduction in the fair value of derivative asset due to contractual settlements			(92,000,000)
Reduction in the fair value of derivative liability due to contractual settlements			(36,000,000)
Interest Rate Swap Agreements [Member]
Derivative [Line Items]
Increase in net interest income due to interest rate swap agreements	7,000,000	$ 10,000,000	11,000,000	$ 20,000,000
Interest Rate Contracts [Member]
Derivative [Line Items]
Notional amounts of derivative contracts entered into for trading account purposes	22,800,000,000		22,800,000,000		21,600,000,000
Foreign Currency and Other Option and Futures Contracts [Member]
Derivative [Line Items]
Notional amounts of derivative contracts entered into for trading account purposes	530,000,000		530,000,000		$ 471,000,000
Credit Risk Derivative [Member]
Derivative [Line Items]
Amount of initial margin posted	0		0
Fair value of additional collateral to be posted for derivative financial instruments	0		0
Credit Risk Derivative [Member] | Maximum [Member]
Derivative [Line Items]
Aggregate fair value of derivative financial instruments in a net liability position	$ 1,000,000		$ 1,000,000

Derivative Financial Instrume67

Derivative Financial Instruments - Information about Interest Rate Swap Agreements (Detail) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Derivative [Line Items]
Notional Amount	$ 5,700,000,000
Average Maturity (in years)	2 years 1 month 6 days
Estimated Fair Value Gain (Loss)	$ 4,882,000
Variable Rate Commercial Real Estate Loans [Member] | Cash Flow Hedges [Member]
Derivative [Line Items]
Notional Amount	$ 2,000,000,000
Average Maturity (in years)	1 year 10 months 25 days
Weighted-Average Rate, Fixed	1.46%
Weighted-Average Rate, Variable	1.05%
Fixed Rate Long-Term Borrowings [Member] | Fair Value Hedges [Member]
Derivative [Line Items]
Notional Amount	$ 3,700,000,000	$ 900,000,000
Average Maturity (in years)	2 years 2 months 12 days	1 year 1 month 6 days
Weighted-Average Rate, Fixed	2.64%	3.75%
Weighted-Average Rate, Variable	1.99%	2.08%
Estimated Fair Value Gain (Loss)	$ 4,882,000	$ 11,892,000

Derivative Financial Instrume68

Derivative Financial Instruments - Information about Interest Rate Swap Agreements (Parenthetical) (Detail) $ in Millions	Jun. 30, 2017USD ($)
Fair Value Hedges [Member]
Derivative [Line Items]
Reduction of estimated fair value losses on hedging instruments	$ (2.9)
Cash Flow Hedges [Member]
Derivative [Line Items]
Reduction of estimated fair value losses on hedging instruments	$ (1.5)

Derivative Financial Instrume69

Derivative Financial Instruments - Information about Fair Values of Derivative Instruments in Consolidated Balance Sheet (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Derivatives, Fair Value [Line Items]
Asset Derivatives, Fair Value	$ 142,627	$ 295,069
Liability Derivatives, Fair Value	119,456	176,857
Derivatives Designated and Qualifying as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives, Fair Value	6,131	45,081
Liability Derivatives, Fair Value	993	1,347
Derivatives Not Designated and Qualifying as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives, Fair Value	136,496	249,988
Liability Derivatives, Fair Value	118,463	175,510
Interest Rate Swap Agreements [Member] | Fair Value Hedges [Member] | Derivatives Designated and Qualifying as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives, Fair Value	4,882	11,892
Commitments to Sell Real Estate Loans [Member] | Derivatives Not Designated and Qualifying as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives, Fair Value	3,776	5,210
Liability Derivatives, Fair Value	832	399
Commitments to Sell Real Estate Loans [Member] | Fair Value Hedges [Member] | Derivatives Designated and Qualifying as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives, Fair Value	1,249	33,189
Liability Derivatives, Fair Value	993	1,347
Mortgage-Related Commitments to Originate Real Estate Loans for Sale [Member] | Derivatives Not Designated and Qualifying as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives, Fair Value	12,847	8,060
Liability Derivatives, Fair Value	422	735
Interest Rate Contracts [Member] | Derivatives Not Designated and Qualifying as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives, Fair Value	113,905	228,810
Liability Derivatives, Fair Value	111,819	167,737
Foreign Exchange and Other Option and Futures Contracts [Member] | Derivatives Not Designated and Qualifying as Hedging Instruments [Member]
Derivatives, Fair Value [Line Items]
Asset Derivatives, Fair Value	5,968	7,908
Liability Derivatives, Fair Value	$ 5,390	$ 6,639

Derivative Financial Instrume70

Derivative Financial Instruments - Information about Fair Values of Derivative Instruments in Consolidated Balance Sheet (Parenthetical) (Detail) $ in Millions	Jun. 30, 2017USD ($)
Offsetting [Abstract]
Reduction in estimated fair value of interest rate swaps in asset position	$ (91.7)
Reduction in estimated fair value of interest rate swaps in liability position	$ (32)

Derivative Financial Instrume71

Derivative Financial Instruments - Information about Fair Values of Derivative Instruments in Consolidated Statement of Income (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives not designated as hedging instruments, Derivatives	$ 2,399	$ 8,239	$ 6,185	$ 10,425
Interest Rate Swap Agreements [Member] | Fixed Rate Long-Term Borrowings [Member] | Derivatives Designated and Qualifying as Hedging Instruments [Member] | Fair Value Hedges [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives in fair value hedging relationships, Derivatives	(5,795)	(7,611)	(9,914)	(10,244)
Derivatives in fair value hedging relationships, Hedged item	5,011	7,146	9,023	9,016
Interest Rate Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives not designated as hedging instruments, Derivatives	831	5,782	2,781	6,756
Foreign Exchange and Other Option and Futures Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives not designated as hedging instruments, Derivatives	$ 1,568	$ 2,457	$ 3,404	$ 3,669

Variable Interest Entities an72

Variable Interest Entities and Asset Securitizations - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Variable Interest Entity Disclosure [Abstract]
Other assets for its "investment" in the common securities recognized by the company of various trusts	$ 24,000,000		$ 24,000,000		$ 24,000,000
Total assets of partnerships in which the company invested	1,100,000,000		1,100,000,000		1,000,000,000
Maximum exposure to loss of investments in real estate partnerships	331,000,000		331,000,000		294,000,000
Unfunded commitments included in company's maximum exposure to loss of investments in real estate partnerships	122,000,000		122,000,000		$ 102,000,000
Investments amortized to income tax expense	11,000,000	$ 11,000,000	24,000,000	$ 22,000,000
Federal tax credits and other federal tax benefits recognized	$ 15,000,000	$ 14,000,000	$ 31,000,000	$ 28,000,000

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured at Estimated Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Trading account assets	$ 174,646	$ 323,867
Investment securities	11,928,865	13,332,072
U.S. Treasury and Federal Agencies [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities	2,107,866	1,902,544
Obligations of States and Political Subdivisions [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities	2,913	3,641
Government Issued or Guaranteed [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities	9,608,182	10,954,861
Other Debt Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities	125,823	118,516
Equity Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities	84,046	352,466
Fair Value Measurements, Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Trading account assets	174,646	323,867
Investment securities	11,928,865	13,332,072
Real estate loans held for sale	548,250	1,056,180
Other assets	22,754	58,351
Total assets	12,674,515	14,770,470
Trading account liabilities	117,209	174,376
Other liabilities	2,247	2,481
Total liabilities	119,456	176,857
Fair Value Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Trading account assets	47,276	46,135
Investment securities	47,892	301,711
Total assets	95,168	347,846
Fair Value Measurements, Recurring [Member] | Significant Observable Inputs (Level 2) [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Trading account assets	127,370	277,732
Investment securities	11,880,938	13,030,317
Real estate loans held for sale	548,250	1,056,180
Other assets	9,907	50,291
Total assets	12,566,465	14,414,520
Trading account liabilities	117,209	174,376
Other liabilities	1,825	1,746
Total liabilities	119,034	176,122
Fair Value Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities	35	44
Other assets	12,847	8,060
Total assets	12,882	8,104
Other liabilities	422	735
Total liabilities	422	735
Fair Value Measurements, Recurring [Member] | U.S. Treasury and Federal Agencies [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities	2,107,866	1,902,544
Fair Value Measurements, Recurring [Member] | U.S. Treasury and Federal Agencies [Member] | Significant Observable Inputs (Level 2) [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities	2,107,866	1,902,544
Fair Value Measurements, Recurring [Member] | Obligations of States and Political Subdivisions [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities	2,913	3,641
Fair Value Measurements, Recurring [Member] | Obligations of States and Political Subdivisions [Member] | Significant Observable Inputs (Level 2) [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities	2,913	3,641
Fair Value Measurements, Recurring [Member] | Government Issued or Guaranteed [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities	9,608,182	10,954,861
Fair Value Measurements, Recurring [Member] | Government Issued or Guaranteed [Member] | Significant Observable Inputs (Level 2) [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities	9,608,182	10,954,861
Fair Value Measurements, Recurring [Member] | Privately Issued Mortgage-Backed Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities	35	44
Fair Value Measurements, Recurring [Member] | Privately Issued Mortgage-Backed Securities [Member] | Significant Unobservable Inputs (Level 3) [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities	35	44
Fair Value Measurements, Recurring [Member] | Other Debt Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities	125,823	118,516
Fair Value Measurements, Recurring [Member] | Other Debt Securities [Member] | Significant Observable Inputs (Level 2) [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities	125,823	118,516
Fair Value Measurements, Recurring [Member] | Equity Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities	84,046	352,466
Fair Value Measurements, Recurring [Member] | Equity Securities [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities	47,892	301,711
Fair Value Measurements, Recurring [Member] | Equity Securities [Member] | Significant Observable Inputs (Level 2) [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities	$ 36,154	$ 50,755

Fair Value Measurements - Chang

Fair Value Measurements - Changes in Level 3 Assets and Liabilities Measured at Estimated Fair Value on Recurring Basis (Detail) - Fair Value Measurements, Recurring [Member] - Significant Unobservable Inputs (Level 3) [Member] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Privately Issued [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning Balance	$ 41	$ 65	$ 44	$ 74
Total gains (losses) realized/unrealized:
Settlements	(6)	(8)	(9)	(17)
Ending Balance	35	57	35	57
Other Assets and Other Liabilities [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning Balance	16,202	16,885	7,325	9,879
Total gains (losses) realized/unrealized:
Included in earnings	19,571	35,430	43,511	59,328
Transfers in and/or out of Level 3 (a)	(23,348)	(30,932)	(38,411)	(47,824)
Ending Balance	12,425	21,383	12,425	21,383
Changes in unrealized gains included in earnings related to assets still held at end of period	$ 10,892	19,822	$ 12,372	20,661
Collateralized Debt Obligations [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning Balance		45,040		47,393
Total gains (losses) realized/unrealized:
Included in other comprehensive income		(1,070)		(3,218)
Settlements		(665)		(870)
Ending Balance		$ 43,305		$ 43,305

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Minimum [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Discount rates for fair value estimations			15.00%
Maximum [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Discount rates for fair value estimations			90.00%
Significant Unobservable Inputs (Level 3) [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Change in fair value of nonrecurring fair value measured loans for charge-offs and impairment reserves	$ 21	$ 4	$ 43	$ 31
Fair Value, Measurements, Nonrecurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loans measured at fair value on nonrecurring basis	200	242	200	242	$ 293
Assets taken in foreclosure of defaulted loans measured at fair value on a nonrecurring basis	37	33	37	33
Fair Value, Measurements, Nonrecurring [Member] | Significant Observable Inputs (Level 2) [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loans measured at fair value on nonrecurring basis	118	141	118	141	153
Fair Value, Measurements, Nonrecurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loans measured at fair value on nonrecurring basis	$ 82	$ 101	$ 82	$ 101	$ 140

Fair Value Measurements - Quant

Fair Value Measurements - Quantitative Information Related to Significant Unobservable Inputs (Detail) - Fair Value Measurements, Recurring [Member] - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Privately Issued [Member] | Two Independent Pricing Quotes [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Recurring fair value measurements for certain Level 3 Assets and Liabilities	$ 35	$ 44
Other Assets and Other Liabilities [Member] | Discounted Cash Flows [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Recurring fair value measurements for certain Level 3 Assets and Liabilities	$ 12,425	$ 7,325
Other Assets and Other Liabilities [Member] | Discounted Cash Flows [Member] | Minimum [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Commitment expirations	0.00%	0.00%
Other Assets and Other Liabilities [Member] | Discounted Cash Flows [Member] | Maximum [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Commitment expirations	81.00%	77.00%
Other Assets and Other Liabilities [Member] | Discounted Cash Flows [Member] | Weighted Average [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Commitment expirations	28.00%	30.00%

Fair Value Measurements - Carry

Fair Value Measurements - Carrying Amounts and Estimated Fair Value for Financial Instrument Assets (Liabilities) (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015
Financial assets:
Cash and cash equivalents	$ 1,345,478		$ 1,320,549	$ 1,284,442		$ 1,368,040
Interest-bearing deposits at banks	5,023,829		5,000,638
Trading Account	174,646		323,867
Investment securities	15,816,060		16,250,468
Loans and leases:
Allowance for credit losses	(1,008,225)	$ (1,001,430)	(988,997)	$ (970,496)	$ (962,752)	$ (955,992)
Loans and leases, net	88,072,330		89,864,419
Financial liabilities:
Noninterest-bearing deposits	(32,366,426)		(32,813,896)
Savings and interest-checking deposits	(52,871,146)		(52,346,207)
Time deposits	(8,107,749)		(10,131,846)
Deposits at Cayman Islands office	(195,617)		(201,927)
Short-term borrowings	(195,453)		(163,442)
Long-term borrowings	(7,649,580)		(9,493,835)
Carrying Amount [Member]
Financial assets:
Cash and cash equivalents	1,345,478		1,320,549
Interest-bearing deposits at banks	5,023,829		5,000,638
Trading Account	174,646		323,867
Investment securities	15,816,060		16,250,468
Loans and leases:
Commercial loans and leases	22,191,051		22,610,047
Commercial real estate loans	33,348,991		33,506,394
Residential real estate loans	20,960,171		22,590,912
Consumer loans	12,580,342		12,146,063
Allowance for credit losses	(1,008,225)		(988,997)
Loans and leases, net	88,072,330		89,864,419
Accrued interest receivable	310,187		308,805
Financial liabilities:
Noninterest-bearing deposits	(32,366,426)		(32,813,896)
Savings and interest-checking deposits	(52,871,146)		(52,346,207)
Time deposits	(8,107,749)		(10,131,846)
Deposits at Cayman Islands office	(195,617)		(201,927)
Short-term borrowings	(1,695,453)		(163,442)
Long-term borrowings	(7,649,580)		(9,493,835)
Accrued interest payable	(70,204)		(75,172)
Trading account	(117,209)		(174,376)
Other financial instruments:
Commitments to originate real estate loans for sale	12,425		7,325
Commitments to sell real estate loans	3,200		36,653
Other credit-related commitments	(121,960)		(136,295)
Interest rate swap agreements used for interest rate risk management	4,882		11,892
Estimate Fair Value [Member]
Financial assets:
Cash and cash equivalents	1,345,478		1,320,549
Interest-bearing deposits at banks	5,023,829		5,000,638
Trading Account	174,646		323,867
Investment securities	15,808,324		16,244,412
Loans and leases:
Commercial loans and leases	21,790,807		22,239,428
Commercial real estate loans	32,941,849		33,129,428
Residential real estate loans	21,007,049		22,638,167
Consumer loans	12,485,100		12,061,590
Loans and leases, net	88,224,805		90,068,613
Accrued interest receivable	310,187		308,805
Financial liabilities:
Noninterest-bearing deposits	(32,366,426)		(32,813,896)
Savings and interest-checking deposits	(52,871,146)		(52,346,207)
Time deposits	(8,176,159)		(10,222,585)
Deposits at Cayman Islands office	(195,617)		(201,927)
Short-term borrowings	(1,695,453)		(163,442)
Long-term borrowings	(7,676,747)		(9,473,844)
Accrued interest payable	(70,204)		(75,172)
Trading account	(117,209)		(174,376)
Other financial instruments:
Commitments to originate real estate loans for sale	12,425		7,325
Commitments to sell real estate loans	3,200		36,653
Other credit-related commitments	(121,960)		(136,295)
Interest rate swap agreements used for interest rate risk management	4,882		11,892
Estimate Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Financial assets:
Cash and cash equivalents	1,251,750		1,249,654
Trading Account	47,276		46,135
Investment securities	47,892		301,711
Estimate Fair Value [Member] | Significant Observable Inputs (Level 2) [Member]
Financial assets:
Cash and cash equivalents	93,728		70,895
Interest-bearing deposits at banks	5,023,829		5,000,638
Trading Account	127,370		277,732
Investment securities	15,644,774		15,821,176
Loans and leases:
Commercial real estate loans	207,971		642,590
Residential real estate loans	4,643,237		4,912,488
Loans and leases, net	4,851,208		5,555,078
Accrued interest receivable	310,187		308,805
Financial liabilities:
Noninterest-bearing deposits	(32,366,426)		(32,813,896)
Savings and interest-checking deposits	(52,871,146)		(52,346,207)
Time deposits	(8,176,159)		(10,222,585)
Deposits at Cayman Islands office	(195,617)		(201,927)
Short-term borrowings	(1,695,453)		(163,442)
Long-term borrowings	(7,676,747)		(9,473,844)
Accrued interest payable	(70,204)		(75,172)
Trading account	(117,209)		(174,376)
Other financial instruments:
Commitments to sell real estate loans	3,200		36,653
Interest rate swap agreements used for interest rate risk management	4,882		11,892
Estimate Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Financial assets:
Investment securities	115,658		121,525
Loans and leases:
Commercial loans and leases	21,790,807		22,239,428
Commercial real estate loans	32,733,878		32,486,838
Residential real estate loans	16,363,812		17,725,679
Consumer loans	12,485,100		12,061,590
Loans and leases, net	83,373,597		84,513,535
Other financial instruments:
Commitments to originate real estate loans for sale	12,425		7,325
Other credit-related commitments	$ (121,960)		$ (136,295)

Commitments and Contingencies -

Commitments and Contingencies - Company's Significant Commitments (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Commitments to extend credit
Home equity lines of credit	$ 5,498,513	$ 5,499,609
Commercial real estate loans to be sold	191,825	70,100
Other commercial real estate	5,987,980	6,451,709
Residential real estate loans to be sold	524,540	478,950
Other residential real estate	293,813	232,721
Commercial and other	12,310,082	12,298,473
Standby letters of credit	2,812,772	2,987,091
Commercial letters of credit	30,330	44,723
Financial guarantees and indemnification contracts	3,306,872	3,043,580
Commitments to sell real estate loans	$ 1,091,317	$ 1,489,237

Commitments and Contingencies79

Commitments and Contingencies - Additional Information (Detail) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Loss Contingencies [Line Items]
Maximum credit risk for recourse associated with loans sold under Federal National Mortgage Association Delegated Underwriting and Servicing program	$ 3,000,000,000	$ 2,800,000,000
Minimum [Member]
Loss Contingencies [Line Items]
Range of reasonably possible losses	0
Maximum [Member]
Loss Contingencies [Line Items]
Range of reasonably possible losses	$ 50,000,000

Segment Information - Summary o

Segment Information - Summary of Reclassified Segment Information on Comparable Basis (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Segment Reporting Information [Line Items]
Net income	$ 381,053	$ 336,031	$ 729,980	$ 634,559
Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues	1,399,016	1,312,073	2,760,121	2,604,970
Business Banking [Member]
Segment Reporting Information [Line Items]
Net income	28,750	25,254	53,738	53,316
Business Banking [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues	124,982	118,587	245,315	236,683
Commercial Banking [Member]
Segment Reporting Information [Line Items]
Net income	105,627	105,311	218,414	206,560
Commercial Banking [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues	277,116	265,344	551,024	518,830
Commercial Real Estate [Member]
Segment Reporting Information [Line Items]
Net income	87,271	84,088	171,818	164,617
Commercial Real Estate [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues	197,298	192,175	392,423	369,555
Discretionary Portfolio [Member]
Segment Reporting Information [Line Items]
Net income	29,740	40,613	63,685	89,024
Discretionary Portfolio [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues	72,044	88,998	150,990	190,035
Residential Mortgage Banking [Member]
Segment Reporting Information [Line Items]
Net income	13,742	14,329	23,660	27,190
Residential Mortgage Banking [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues	88,700	94,353	174,102	184,179
Retail Banking [Member]
Segment Reporting Information [Line Items]
Net income	100,094	76,441	186,285	144,481
Retail Banking [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues	383,904	354,001	752,422	701,059
All Other [Member]
Segment Reporting Information [Line Items]
Net income	15,829	(10,005)	12,380	(50,629)
All Other [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues	$ 254,972	198,615	$ 493,845	404,629
As Previously Reported [Member]
Segment Reporting Information [Line Items]
Net income		336,031		634,559
As Previously Reported [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues		1,312,073		2,604,970
As Previously Reported [Member] | Business Banking [Member]
Segment Reporting Information [Line Items]
Net income		22,747		48,195
As Previously Reported [Member] | Business Banking [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues		114,360		228,049
As Previously Reported [Member] | Commercial Banking [Member]
Segment Reporting Information [Line Items]
Net income		105,392		206,719
As Previously Reported [Member] | Commercial Banking [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues		265,481		519,098
As Previously Reported [Member] | Commercial Real Estate [Member]
Segment Reporting Information [Line Items]
Net income		84,088		164,617
As Previously Reported [Member] | Commercial Real Estate [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues		192,175		369,555
As Previously Reported [Member] | Discretionary Portfolio [Member]
Segment Reporting Information [Line Items]
Net income		46,225		100,749
As Previously Reported [Member] | Discretionary Portfolio [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues		98,460		209,804
As Previously Reported [Member] | Residential Mortgage Banking [Member]
Segment Reporting Information [Line Items]
Net income		19,980		37,057
As Previously Reported [Member] | Residential Mortgage Banking [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues		103,882		200,817
As Previously Reported [Member] | Retail Banking [Member]
Segment Reporting Information [Line Items]
Net income		71,497		134,785
As Previously Reported [Member] | Retail Banking [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues		345,665		684,711
As Previously Reported [Member] | All Other [Member]
Segment Reporting Information [Line Items]
Net income		(13,898)		(57,563)
As Previously Reported [Member] | All Other [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues		192,050		392,936
Impact of Changes [Member] | Business Banking [Member]
Segment Reporting Information [Line Items]
Net income		2,507		5,121
Impact of Changes [Member] | Business Banking [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues		4,227		8,634
Impact of Changes [Member] | Commercial Banking [Member]
Segment Reporting Information [Line Items]
Net income		(81)		(159)
Impact of Changes [Member] | Commercial Banking [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues		(137)		(268)
Impact of Changes [Member] | Discretionary Portfolio [Member]
Segment Reporting Information [Line Items]
Net income		(5,612)		(11,725)
Impact of Changes [Member] | Discretionary Portfolio [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues		(9,462)		(19,769)
Impact of Changes [Member] | Residential Mortgage Banking [Member]
Segment Reporting Information [Line Items]
Net income		(5,651)		(9,867)
Impact of Changes [Member] | Residential Mortgage Banking [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues		(9,529)		(16,638)
Impact of Changes [Member] | Retail Banking [Member]
Segment Reporting Information [Line Items]
Net income		4,944		9,696
Impact of Changes [Member] | Retail Banking [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues		8,336		16,348
Impact of Changes [Member] | All Other [Member]
Segment Reporting Information [Line Items]
Net income		3,893		6,934
Impact of Changes [Member] | All Other [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues		$ 6,565		$ 11,693

Segment Information - Informati

Segment Information - Information about Company's Segments (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Segment Reporting Information [Line Items]
Net Income (Loss)	$ 381,053	$ 336,031	$ 729,980	$ 634,559
Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues	1,399,016	1,312,073	2,760,121	2,604,970
Business Banking [Member]
Segment Reporting Information [Line Items]
Net Income (Loss)	28,750	25,254	53,738	53,316
Business Banking [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues	124,982	118,587	245,315	236,683
Business Banking [Member] | Intersegment Activity Eliminated in Consolidated Totals [Member]
Segment Reporting Information [Line Items]
Total Revenues	1,006	1,197	1,917	2,188
Commercial Banking [Member]
Segment Reporting Information [Line Items]
Net Income (Loss)	105,627	105,311	218,414	206,560
Commercial Banking [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues	277,116	265,344	551,024	518,830
Commercial Banking [Member] | Intersegment Activity Eliminated in Consolidated Totals [Member]
Segment Reporting Information [Line Items]
Total Revenues	843	911	1,763	1,967
Commercial Real Estate [Member]
Segment Reporting Information [Line Items]
Net Income (Loss)	87,271	84,088	171,818	164,617
Commercial Real Estate [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues	197,298	192,175	392,423	369,555
Commercial Real Estate [Member] | Intersegment Activity Eliminated in Consolidated Totals [Member]
Segment Reporting Information [Line Items]
Total Revenues	357	449	764	836
Discretionary Portfolio [Member]
Segment Reporting Information [Line Items]
Net Income (Loss)	29,740	40,613	63,685	89,024
Discretionary Portfolio [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues	72,044	88,998	150,990	190,035
Discretionary Portfolio [Member] | Intersegment Activity Eliminated in Consolidated Totals [Member]
Segment Reporting Information [Line Items]
Total Revenues	(12,397)	(14,608)	(25,324)	(28,931)
Residential Mortgage Banking [Member]
Segment Reporting Information [Line Items]
Net Income (Loss)	13,742	14,329	23,660	27,190
Residential Mortgage Banking [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues	88,700	94,353	174,102	184,179
Residential Mortgage Banking [Member] | Intersegment Activity Eliminated in Consolidated Totals [Member]
Segment Reporting Information [Line Items]
Total Revenues	18,144	21,244	36,355	40,904
Retail Banking [Member]
Segment Reporting Information [Line Items]
Net Income (Loss)	100,094	76,441	186,285	144,481
Retail Banking [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues	383,904	354,001	752,422	701,059
Retail Banking [Member] | Intersegment Activity Eliminated in Consolidated Totals [Member]
Segment Reporting Information [Line Items]
Total Revenues	3,045	3,132	6,092	6,146
All Other [Member]
Segment Reporting Information [Line Items]
Net Income (Loss)	15,829	(10,005)	12,380	(50,629)
All Other [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Total Revenues	254,972	198,615	493,845	404,629
All Other [Member] | Intersegment Activity Eliminated in Consolidated Totals [Member]
Segment Reporting Information [Line Items]
Total Revenues	$ (10,998)	$ (12,325)	$ (21,567)	$ (23,110)

Segment Information - Summary82

Segment Information - Summary of Segment Information (Detail) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Segment Reporting Information [Line Items]
Average Assets	$ 121,865	$ 124,340	$ 123,479
Business Banking [Member]
Segment Reporting Information [Line Items]
Average Assets	5,595	5,456	5,440
Commercial Banking [Member]
Segment Reporting Information [Line Items]
Average Assets	26,802	25,592	25,195
Commercial Real Estate [Member]
Segment Reporting Information [Line Items]
Average Assets	22,875	21,131	20,116
Discretionary Portfolio [Member]
Segment Reporting Information [Line Items]
Average Assets	38,341	40,867	41,900
Residential Mortgage Banking [Member]
Segment Reporting Information [Line Items]
Average Assets	2,341	2,569	2,587
Retail Banking [Member]
Segment Reporting Information [Line Items]
Average Assets	12,337	11,840	11,640
All Other [Member]
Segment Reporting Information [Line Items]
Average Assets	$ 13,574	$ 16,885	$ 16,601

Segment Information - Summary83

Segment Information - Summary of Segment Information (Parenthetical) (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Segment Reporting [Abstract]
Taxable-equivalent adjustment	$ 8,736,000	$ 6,522,000	$ 16,735,000	$ 12,854,000

Relationship with Bayview Len84

Relationship with Bayview Lending Group LLC and Bayview Financial Holdings, L.P. - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Apr. 28, 2017	Dec. 31, 2016
Schedule of Equity Method Investments [Line Items]
Loan facility carrying amount	$ 7,649,580		$ 7,649,580			$ 9,493,835
Bayview Lending Group [Member]
Schedule of Equity Method Investments [Line Items]
Minority interest in Bayview Lending Group LLC	20.00%		20.00%
Carrying value of minority interest investment in Bayview Lending Group LLC	$ 0		$ 0
Bayview Lending Group and Bayview Financial [Member]
Schedule of Equity Method Investments [Line Items]
Outstanding principal balances of mortgage servicing rights	3,300,000		3,300,000			3,500,000
Revenues from servicing	4,000	$ 5,000	9,000	$ 10,000
Bayview Financial [Member]
Schedule of Equity Method Investments [Line Items]
Outstanding principal balances of residential mortgage loans from Bayview Financial	49,900,000		49,900,000			30,400,000
Revenues from sub-servicing	25,000	$ 25,000	48,000	$ 48,000
Investment securities in held-to-maturity portfolio securitized by Bayview Financial	147,000		147,000			$ 158,000
Loan to Bayview Financial					$ 100,000
Bayview Financial [Member] | Syndicated Loan Facility [Member]
Schedule of Equity Method Investments [Line Items]
Loan facility carrying amount	750,000		750,000
Bayview Financial [Member] | Syndicated Loan Facility [Member] | M&T Bank [Member]
Schedule of Equity Method Investments [Line Items]
Loan facility carrying amount	$ 88,000		$ 88,000

Recent Accounting Developments

Recent Accounting Developments - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Minimum lease payments under non cancelable operating lease		$ 467
Adoption of New Accounting Guidance [Member]
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Reduction of Income tax expense	$ (18)