SEGMENT INFORMATION

12 Months Ended

Dec. 31, 2014

SEGMENT INFORMATION [Abstract]

SEGMENT INFORMATION

NOTE T:  SEGMENT INFORMATION

Operating segments are components of an enterprise, which are evaluated regularly by the “chief operating decision maker” in deciding how to allocate resources and assess performance.  The Company’s chief operating decision maker is the President and Chief Executive Officer of the Company. The Company has identified Banking, Employee Benefit Services and Wealth Management as its reportable operating business segments.  CBNA operates the banking segment that provides full-service banking to consumers, businesses and governmental units in northern, central and western New York as well as northern Pennsylvania.  Employee benefit services, which includes BPAS, Harbridge, and HB&T, provides employee benefit trust, collective investment fund, retirement plan administration, actuarial, VEBA/HRA and health and welfare consulting services.  Wealth management services activities include trust services provided by the personal trust unit within the Bank, investment and insurance products and services provided by CISI and CBNA Insurance and asset management provided by Nottingham.  The accounting policies used in the disclosure of business segments are the same as those described in the summary of significant accounting policies (See Note A).

Information about reportable segments and reconciliation of the information to the consolidated financial statements follows:

(000's omitted)	Banking		Employee Benefit Services		Wealth Management		Eliminations			Consolidated Total
2014
Net interest income	$	244,243	$	92	$	93	$	0		$	244,428
Provision for loan losses		7,178		0		0		0			7,178
Noninterest income		58,565		43,701		18,634		(1,880	)		119,020
Amortization of intangible assets		3,438		647		202		0			4,287
Other operating expenses		178,472		32,846		12,855		(1,880	)		222,293
Income before income taxes	$	113,720	$	10,300	$	5,670	$	0		$	129,690
Assets	$	7,463,379	$	31,513	$	15,635	$	(21,087	)	$	7,489,440
Goodwill	$	364,495	$	8,019	$	2,660	$	0		$	375,174
2013
Net interest income	$	237,915	$	101	$	78	$	0		$	238,094
Provision for loan losses		7,992		0		0		0			7,992
Noninterest income		48,030		39,534		16,265		(1,649	)		102,180
Amortization of intangible assets		3,569		662		238		0			4,469
Other operating expenses		175,139		31,049		12,247		(1,649	)		216,786
Income before income taxes	$	99,245	$	7,924	$	3,858	$	0		$	111,027
Assets	$	7,070,866	$	27,970	$	13,259	$	(16,231	)	$	7,095,864
Goodwill	$	364,495	$	7,836	$	2,660	$	0		$	374,991
2012
Net interest income	$	230,251	$	104	$	69	$	0		$	230,424
Provision for loan losses		9,108		0		0		0			9,108
Noninterest income		50,422		36,781		13,549		(1,506	)		99,246
Amortization of intangible assets		3,548		779		280		0			4,607
Other operating expenses		167,332		30,617		10,707		(1,506	)		207,150
Income before income taxes	$	100,685	$	5,489	$	2,631	$	0		$	108,805
Assets	$	7,472,628	$	30,405	$	12,101	$	(18,334	)	$	7,496,800
Goodwill	$	359,207	$	7,836	$	2,660	$	0		$	369,703