XML 27 R32.htm IDEA: XBRL DOCUMENT v2.4.0.6
ACQUISITIONS (Details) (USD $)
3 Months Ended 9 Months Ended 9 Months Ended 0 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Apr. 08, 2011
Sep. 30, 2012
Core Deposits [Member]
Sep. 30, 2012
Other Intangibles [Member]
Apr. 08, 2011
Wilber Corporation [Member]
Apr. 08, 2011
Wilber Corporation [Member]
Acquired Impaired Loans [Member]
Apr. 08, 2011
Wilber Corporation [Member]
Acquired Non-Impaired Loans [Member]
Nov. 30, 2011
Combined CAI Benefits and Wilber Corporation Acquisitions [Member]
Sep. 30, 2012
HSBC and First Niagara [Member]
Sep. 30, 2012
HSBC and First Niagara [Member]
Acquired Impaired Loans [Member]
Sep. 30, 2012
HSBC and First Niagara [Member]
Acquired Non-Impaired Loans [Member]
Jul. 20, 2012
HSBC Branch Agreement [Member]
Sep. 07, 2012
First Niagara Branch Agreement [Member]
Business Acquisition [Line Items]                                  
Number of new branch locations included in acquisition or purchase agreement                 22             16 3
Loans acquired                               $ 106,000,000 $ 54,000,000
Deposits acquired                               697,000,000 101,000,000
Blended deposit premium (in hundredths)                               3.40% 3.10%
Blended deposit premium paid                               24,000,000 3,000,000
Public stock offering:                                  
Amount raised through issuance     62,873,000 2,273,000                 57,500,000        
Number of shares issued (in shares)     2,130,000                            
Net proceeds from offering     54,917,000                            
Business Acquisition, Description of Acquired Entity     certain assets and liabilities of CAI Benefits, Inc. ("CAI"), a provider of actuarial, consulting and retirement plan administration services, with offices in New York City and Northern New Jersey.                            
Assets acquired                       1,400,000          
Liabilities acquired                       200,000          
Total consideration paid (received) (595,462,000)   (595,462,000)   104,465,000       103,000,000                
Cash portion of purchase price (595,462,000)   (595,462,000)   21,885,000       20,400,000                
Issuance of shares of common stock (in shares)                 3,350,000                
Loans 160,116,000   160,116,000   462,334,000 462,300,000                      
Investment securities 0   0   297,573,000 297,600,000                      
Deposits           771,600,000                      
Borrowings 0   0   19,668,000 19,700,000                      
Merger and acquisition integration related expenses 4,800,000 400,000 5,200,000 4,700,000                          
Consideration paid(received):                                  
Community Bank System, Inc. common stock 0   0   82,580,000                        
Cash (595,462,000)   (595,462,000)   21,885,000       20,400,000                
Total consideration paid (received) (595,462,000)   (595,462,000)   104,465,000       103,000,000                
Recognized amounts of identifiable assets acquired and liabilities assumed:                                  
Cash and cash equivalents 5,510,000   5,510,000   26,901,000                        
Investment securities 0   0   297,573,000 297,600,000                      
Loans 160,116,000   160,116,000   462,334,000 462,300,000                      
Premises and equipment 4,941,000   4,941,000   6,353,000                        
Accrued interest receivable 588,000   588,000   2,615,000                        
Other assets and liabilities, net 171,000   171,000   46,942,000                        
Core deposit intangibles 6,521,000   6,521,000   4,016,000                        
Other intangibles 0   0   1,595,000                        
Deposits (797,962,000)   (797,962,000)   (771,554,000)                        
Borrowings 0   0   (19,668,000) (19,700,000)                      
Total identifiable assets and liabilities, net (620,115,000)   (620,115,000)   57,107,000                        
Goodwill 24,653,000   24,653,000   47,358,000                        
Summary of loans acquired [Abstract]                                  
Contractually required principal and interest at acquisition                 722,246,000 41,730,000 680,516,000   201,745,000 0 201,745,000    
Contractual cash flows not expected to be collected                 (51,176,000) (20,061,000) (31,115,000)   (3,555,000) 0 (3,555,000)    
Expected cash flows at acquisition                 671,070,000 21,669,000 649,401,000   198,190,000 0 198,190,000    
Interest component of expected cash flows                 (208,736,000) (2,509,000) (206,227,000)   (37,473,000) 0 (38,074,000)    
Fair value of acquired loans                 462,334,000 19,160,000 443,174,000   160,717,000 0 160,116,000    
Unaudited proforma information [Abstract]                                  
Total revenue, net of interest expense                                      
Net income                                      
Basic                                      
Diluted                                      
Finite-Lived Intangible Assets [Line Items]                                  
Estimated useful life of core deposit intangible and other intangible, minimum (in years)     8       8 8                  
Estimated useful life of core deposit intangible and other intangible, maximum (in years)     20       10 10