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COMMUNITY BANK SYSTEM, INC. (CBU) Create: Alert

All | News | Filings
Date FiledTypeDescription
07/25/2022 8-K Quarterly results
04/25/2022 8-K Quarterly results
Docs: "Community Bank System, Inc. Reports First Quarter 2022 Results"
10/25/2021 8-K Quarterly results
Docs: "For further information, please contact:"
07/26/2021 8-K Quarterly results
Docs: "Community Bank System Reports Second Quarter 2021 Results SYRACUSE, N.Y. — July 26, 2021 — Community Bank System, Inc. reported second quarter 2021 net income of $47.9 million, or $0.88 per fully-diluted share. This compares to $35.2 million of net income, or $0.66 per share for the second quarter of 2020. The $0.22, or 33.3%, increase in earnings per share was primarily attributable to a significant decrease in the provision for credit losses and a significant increase in noninterest income, offset, in part, by increases in operating expenses, income taxes, and fully-diluted shares outstanding. Comparatively, the Company recorded $0.97 in fully-diluted earnings per share for the linked first quarter of 2021. Operating earnings per share, which excludes acquisition expenses and acquisition..."
10/26/2020 8-K Investor presentation, Quarterly results
Docs: "Community Bank System Reports Third Quarter 2020 Results and COVID-19 Pandemic Update SYRACUSE, N.Y. — October 26, 2020 — Community Bank System, Inc. reported third quarter 2020 net income of $42.8 million, or $0.79 per fully-diluted share. This compares to net income of $39.2 million, or $0.75 per share, for the third quarter of 2019 and $35.2 million, or $0.66 per share, in the second quarter of 2020. The $0.04, or 5.3%, increase in earnings per share year-over-year was driven by a significant decrease in acquisition-related expenses, as well as increases in both net interest income and noninterest revenues, offset, in part, by increases in provision for credit losses, non-acquisition related operating expenses, income taxes and fully-diluted shares outstanding, as well as litigation res...",
"0 Q3 2020 EARNINGS RELEASE SUPPLEMENTAL"
07/27/2020 8-K Quarterly results
04/20/2020 8-K Quarterly results
Docs: "Financial Position The Company’ s total assets at the end of the first quarter were $11.81 billion, as compared to $10.92 billion at the end of the first quarter of 2019, representing an $892.5 million, or 8.2% increase in total assets between periods. The increase in the Company’ s total assets was driven by both the Kinderhook acquisition and organic growth. Total deposits increased $684.3 million, or 7.9%, between March 31, 2019 and March 31, 2020, which included $502.6 million of deposits acquired in connection with the Kinderhook acquisition. Average earning assets increased $664.1 million, or 7.1%, over the same period. This included a $603.0 million, or 9.6%, growth in average total loans outstanding, a $67.7 million, or 2.3%, increase in average total investment securities, offset ...",
"COVID-19 Pandemic Response Presentation, issued by Community Bank System, Inc"
10/21/2019 8-K Quarterly results
Docs: "Community Bank System Reports Third Quarter 2019 Results and Agreement to Acquire Steuben Trust Corporation SYRACUSE, N.Y. — October 21, 2019 — Community Bank System, Inc. reported third quarter 2019 net income of $39.2 million, or $0.75 per share on a fully diluted basis. This compares to $43.1 million in net income or $0.83 per share reported for the third quarter of 2018. The Company incurred $6.1 million, or $0.09 per share, of non-recurring acquisition-related expenses during the third quarter of 2019 related to the acquisition of Kinderhook Bank Corp. . Operating diluted earnings per share, which exclude acquisition expenses, unrealized gains on equity securities and loss on debt extinguishment, were $0.84 for the third quarter of 2019. This compares to operating diluted earnings pe..."
07/22/2019 8-K Quarterly results
Docs: "2019 2018 2nd Qtr 1st Qtr 4th Qtr 3rd Qtr 2nd Qtr Average Balances Loans $6,294,772 $6,273,798 $6,276,231 $6,289,868 $6,250,739 Cash equivalents 334,304 121,304 28,817 26,832 170,745 Taxable investment securities 2,400,516 2,574,902 2,577,366 2,574,116 2,575,962 Nontaxable investment securities 397,316 403,359 423,902 441,719 457,254 Total interest-earning assets 9,426,908 9,373,363 9,306,316 9,332,535 9,454,700 Total assets 10,771,975 10,687,708 10,575,272 10,619,872 10,752,203 Interest-bearing deposits 6,170,832 6,107,732 6,039,390 6,077,581 6,282,098 Borrowings 319,505 373,656 389,378 393,483 397,101 Total interest-bearing liabilities 6,490,337 6,481,388 6,428,768 6,471,064 6,679,199 Noninterest-bearing deposits 2,326,630 2,297,472 2,317,042 2,336,778 2,287,722 Shareholders' equity 1,77..."
04/22/2019 8-K Quarterly results
Docs: "2018"
10/22/2018 8-K Quarterly results
Docs: "Financial Position Average earning assets were down $122.2 million, or 1.3%, on a linked quarter basis, from $9.45 billion during the second quarter of 2018 to $9.33 billion during the third quarter of 2018. Average loan balances were $6.29 billion for the third quarter, up 0.6% over the second quarter. Average deposit balances were down $155.5 million, or 1.8%, from second quarter levels, due largely to a seasonal outflow of municipal deposits and increased utilization of the Company’ s off balance sheet mutual fund sweep product. Ending deposits were also down $50.2 million or 0.6%. Average borrowings in the third quarter of 2018 of $393.5 million, were down slightly from the second quarter average of $397.1 million. During the third quarter, the Company redeemed $25.2 million of subordi..."
07/23/2018 8-K Quarterly results
Docs: "Financial Position Average earning assets were up $74.3 million or 0.8% on a linked quarter basis, from $9.38 billion during the first quarter of 2018 to $9.45 billion during the second quarter of 2018. Average loan balances were $6.25 billion for the second quarter, up 0.2% over the first quarter. Average deposit balances were up $82.0 million, or 1.0%, from first quarter levels, due to a seasonal inflow of deposits near the end of the first quarter that largely remained on the Company’ s balance sheet during the second quarter. Ending deposits, however, were seasonally down $257.1 million, or 2.9%. Average borrowings in the second quarter of 2018 of $397.1 million, were down $56.0 million or 12.4%. This was primarily attributable to a decrease in municipal customer repurchase agreement b..."
04/25/2018 8-K Quarterly results
10/23/2017 8-K Quarterly results
07/31/2017 8-K Form 8-K - Current report:
04/25/2017 8-K Form 8-K - Current report
10/24/2016 8-K Form 8-K - Current report
07/21/2016 8-K Form 8-K - Current report
04/25/2016 8-K Form 8-K - Current report
07/20/2015 8-K Quarterly results
Docs: "CBU_Q1 2015 EARNING RELEASE WORD DOC"
04/20/2015 8-K Quarterly results
Docs: "Community Bank System Reports First Quarter 2015 Results - GAAP earnings of $0.54 per share - Announced definitive agreement to acquire Oneida Financial Corp. SYRACUSE, N.Y. — April 20, 2015 — Community Bank System, Inc. reported first quarter 2015 net income of $22.3 million, an increase of 0.6% compared with $22.2 million earned for the first quarter of 2014. Diluted earnings per share totaled $0.54 for the first quarter of 2015, consistent with the $0.54 per share reported in the first quarter of 2014, and included $0.4 million of acquisition expenses, or two-thirds of a cent per share. “Our first quarter operating results were solid with continued non-interest income growth, core deposit growth, expense control and exceptional credit quality results,” said President and Chief Executive..."
04/22/2014 8-K Quarterly results
Docs: "Community Bank System Reports Record First Quarter Results - EPS improvement of 8%, year-over-year - Achieved record levels of non-interest income generation - Continued strong asset quality SYRACUSE, N.Y. — April 22, 2014 — Community Bank System, Inc. reported first quarter 2014 net income of $22.2 million, an increase of 9.5% compared with $20.2 million earned for the first quarter of 2013. Diluted earnings per share totaled $0.54 for the first quarter of 2014, up 8.0% from $0.50 reported in the first quarter of 2013. First quarter 2014 net income and noninterest income were the highest quarterly amounts ever recorded by the Company. Total revenue for the first quarter of 2014 was $88.5 million, an increase of $3.9 million, or 4.7%, over the first quarter of 2013. Higher revenue resulted..."
10/26/2011 8-K Form 8-K - Current report
04/27/2011 8-K Form 8-K - Current report
10/23/2009 8-K Form 8-K - Current report
07/23/2009 8-K Form 8-K - Current report
04/23/2009 8-K Form 8-K - Current report
10/24/2006 8-K Form 8-K - Current report
07/21/2006 8-K Form 8-K - Current report
04/25/2006 8-K Form 8-K - Current report

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