BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2015

BORROWINGS [Abstract]

Outstanding Borrowings

Outstanding borrowings at December 31 are as follows:

(000's omitted)	2015		2014
FHLB overnight advance	$	301,300	$	338,000
Subordinated debt held by unconsolidated subsidiary trusts, net of discount of $381 and $405, respectively		102,146		102,122
Total borrowings	$	403,446	$	440,122

Borrowings by Contractual Maturity Dates

Borrowings at December 31, 2015 have contractual maturity dates as follows:

(000's omitted, except rate)	Carrying Value		Weighted-average Rate at December 31, 2015
January 4, 2016	$	301,300		0.52	%
July 31, 2031		24,826		3.91	%
December 15, 2036		77,320		2.16	%
Total	$	403,446		1.05	%

Terms of Preferred Securities

The terms of the preferred securities of each trust are as follows:

Trust	Issuance Date	Par Amount	Interest Rate	Maturity Date	Call Price
III	7/31/2001	$24.5 million	3 month LIBOR plus 3.58% (3.91%)	7/31/2031	Par
IV	12/8/2006	$75 million	3 month LIBOR plus 1.65% (2.16%)	12/15/2036	Par