0000909012-12-000409.txt : 20121016 0000909012-12-000409.hdr.sgml : 20121016 20121016135102 ACCESSION NUMBER: 0000909012-12-000409 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120930 FILED AS OF DATE: 20121016 DATE AS OF CHANGE: 20121016 EFFECTIVENESS DATE: 20121016 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COMMUNITY BANK SYSTEM INC CENTRAL INDEX KEY: 0000723188 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 161213679 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11044 FILM NUMBER: 121145923 BUSINESS ADDRESS: STREET 1: 5790 WIDEWATERS PKWY CITY: DEWITT STATE: NY ZIP: 13214 BUSINESS PHONE: 8007242262 MAIL ADDRESS: STREET 1: 5790 WIDEWATERS PARKWAY CITY: DEWITT STATE: NY ZIP: 13214 13F-HR 1 t306899.txt COMM BK UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2012 Check here if Amendment [ ]; Amendment Number: ___ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: COMMUNITY BANK N.A. Address: 5790 Widewaters Parkway DeWitt, NY 13214-1883 Form 13F File Number: 028-11044 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Patricia Lowe Title: Trust Operations AVP Oneonta Branch Phone: 607 433 4129 Signature, Place, and Date of Signing: Patricia A Lowe Oneonta, NY [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report. [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name ___________________________________- [Repeat as necessary.] Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: Form 13F Information Table Value Total: 216,822 + 157,780,380 List of other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state [NONE] and omit the column headings and list entries.] No. Form 13F File Number Name [Repeat as necessary.] As Of Date : 9/30/2012 FORM 13F INFORMATION TABLE
TITLE OF VALUE SHARES/ INVESTMENT DESCRETION VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT SOLE SHARED OTHER SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ INGERSOLL-RAND PLC SHS G47791101 59 1320 SH DEFINED 1320 0 0 SEAGATE TECHNOLOGY PLC SHS G7945M107 3 104 SH SOLE 104 0 0 TRANSOCEAN LTD REG SHS H8817H100 33 741 SH SOLE 741 0 0 ROYAL CARIBBEAN CRUISES LTD COM V7780T103 3 100 SH SOLE 100 0 0 AGL RES INC COM 1204106 8 200 SH SOLE 200 0 0 ALPS ETF TR ALERIAN MLP 00162Q866 2432 146863 SH SOLE 142810 0 4053 ALPS ETF TR ALERIAN MLP 00162Q866 203 12256 SH DEFINED 12256 0 0 AT&T INC COM 00206R102 1196 31731 SH SOLE 31731 0 0 AT&T INC COM 00206R102 5 120 SH DEFINED 120 0 0 ABBOTT LABS COM 2824100 393 5729 SH SOLE 5729 0 0 AIR PRODS & CHEMS INC COM 9158106 409 4950 SH SOLE 4950 0 0 ALCOA INC COM 13817101 31 3480 SH SOLE 3480 0 0 ALLIANT ENERGY CORP COM 18802108 42 958 SH SOLE 958 0 0 ALTRIA GROUP INC COM 02209S103 17 500 SH SOLE 500 0 0 AMERICAN ELEC PWR INC COM 25537101 214 4866 SH SOLE 4866 0 0 AMERICAN ELEC PWR INC COM 25537101 45 1017 SH DEFINED 1017 0 0 AMERICAN EXPRESS CO COM 25816109 14 250 SH SOLE 250 0 0 AMGEN INC COM 31162100 148 1750 SH SOLE 1750 0 0 ANALOG DEVICES INC COM 32654105 29 750 SH SOLE 750 0 0 APACHE CORP COM 37411105 38 440 SH SOLE 440 0 0 APPLE INC COM 37833100 8451 12669 SH SOLE 1994 0 10675 APPLIED MATLS INC COM 38222105 22 2000 SH SOLE 2000 0 0 AQUA AMERICA INC COM 03836W103 25 1000 SH SOLE 1000 0 0 AUTOMATIC DATA PROCESSING IN COM 53015103 631 10764 SH SOLE 10688 0 76 AUTOMATIC DATA PROCESSING IN COM 53015103 44 746 SH DEFINED 746 0 0 BAKER HUGHES INC COM 57224107 70 1550 SH SOLE 1400 0 150 BANK OF AMERICA CORPORATION COM 60505104 60 6750 SH SOLE 6750 0 0 BANK OF NEW YORK MELLON CORP COM 64058100 326 14413 SH SOLE 14413 0 0 BARCLAYS BANK PLC SP ADR 7.1%PF3 06739H776 367 14600 SH SOLE 14600 0 0 BARCLAYS BANK PLC SP ADR 7.1%PF3 06739H776 43 1700 SH DEFINED 1700 0 0 BARRICK GOLD CORP COM 67901108 16 375 SH SOLE 0 0 375 BAXTER INTL INC COM 71813109 199 3300 SH SOLE 3300 0 0 BECTON DICKINSON & CO COM 75887109 134 1700 SH SOLE 1700 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW 84670702 33 371 SH SOLE 371 0 0 BEST BUY INC COM 86516101 4 225 SH SOLE 225 0 0 BLACKSTONE GROUP L P COM UNIT LTD 09253U108 8 561 SH SOLE 561 0 0 BOEING CO COM 97023105 230 3300 SH SOLE 3300 0 0 BRISTOL MYERS SQUIBB CO COM 110122108 532 15756 SH SOLE 15632 0 124 BRISTOL MYERS SQUIBB CO COM 110122108 41 1211 SH DEFINED 1211 0 0 BUCKEYE PARTNERS L P UNIT LTD PARTN 118230101 6 115 SH SOLE 115 0 0 CIT GROUP INC COM NEW 125581801 8 204 SH SOLE 204 0 0 CVS CAREMARK/CORP COM 126650100 242 5000 SH SOLE 5000 0 0 CATERPILLAR INC DEL COM 149123101 196 2283 SH SOLE 2283 0 0 CENTERPOINT ENERGY INC COM 15189T107 21 1000 SH SOLE 1000 0 0 CENTURYTEL INC COM 156700106 43 1059 SH SOLE 1059 0 0 CHEVRON CORP COM 166764100 367 3145 SH SOLE 3106 0 39 CHEVRON CORP COM 166764100 83 709 SH DEFINED 709 0 0 CHUBB CORP COM 171232101 374 4900 SH SOLE 4900 0 0 CIENA CORP COM NEW 171779309 19 1429 SH SOLE 0 0 1429 CISCO SYS INC COM 17275R102 230 12050 SH SOLE 12050 0 0 CITIZENS & NORTHN CORP COM 172922106 188 9597 SH SOLE 9597 0 0 CITIGROUP INC COM 172967424 11 340 SH SOLE 340 0 0 COCA COLA CO COM 191216100 727 19178 SH SOLE 19069 0 109 COCA COLA CO COM 191216100 42 1107 SH DEFINED 1107 0 0 COLGATE PALMOLIVE CO COM 194162103 330 3075 SH SOLE 3075 0 0 COLGATE PALMOLIVE CO COM 194162103 190 1768 SH DEFINED 1768 0 0 COMCAST CORP 20030N101 178 4969 SH SOLE 4969 0 0 COMMUNITY BK SYS INC COM 203607106 11475 407209 SH SOLE 406059 0 1150 COMMUNITY BK SYS INC COM 203607106 995 35320 SH DEFINED 35320 0 0 CONOCOPHILLIPS COM 20825C104 187 3274 SH SOLE 3196 0 78 CONOCOPHILLIPS COM 20825C104 57 1000 SH DEFINED 1000 0 0 CONSOLIDATED EDISON INC COM 209115104 177 2955 SH SOLE 2955 0 0 CONSTELLATION BRANDS INC CL A 21036P108 52 1600 SH SOLE 1600 0 0 CONSTELLATION BRANDS INC CL A 21036P108 92 2846 SH DEFINED 2846 0 0 CORNING INC COM 219350105 156 11870 SH SOLE 11870 0 0 CORNING INC COM 219350105 3 240 SH DEFINED 240 0 0 COVANCE INC COM 222816100 2 48 SH SOLE 48 0 0 CUMMINS INC COM 231021106 65 700 SH SOLE 700 0 0 CURTISS WRIGHT CORP COM 231561101 26 800 SH SOLE 800 0 0 DARDEN RESTAURANTS INC COM 237194105 72 1291 SH SOLE 1210 0 81 DARDEN RESTAURANTS INC COM 237194105 45 810 SH DEFINED 810 0 0 DEERE & CO COM 244199105 20 239 SH SOLE 239 0 0 DELL INC 24702R101 7 750 SH SOLE 750 0 0 DISNEY WALT CO COM DISNEY 254687106 418 7994 SH SOLE 7994 0 0 DOMINION RES INC VA NEW COM 25746U109 171 3238 SH SOLE 3238 0 0 DONNELLEY R R & SONS CO COM 257867101 1 100 SH SOLE 0 0 100 DOW CHEM CO COM 260543103 183 6324 SH SOLE 6185 0 139 DOW CHEM CO COM 260543103 38 1304 SH DEFINED 1304 0 0 DU PONT E I DE NEMOURS & CO COM 263534109 385 7664 SH SOLE 7578 0 86 DU PONT E I DE NEMOURS & CO COM 263534109 52 1038 SH DEFINED 1038 0 0 DUKE ENERGY CORP NEW COM NEW 26441C204 202 3120 SH SOLE 2987 0 133 E M C CORP MASS COM 268648102 188 6909 SH SOLE 6909 0 0 ELMIRA SAVINGS BK ELMIRA N Y COM 289660102 61 3083 SH SOLE 3083 0 0 EMERSON ELEC CO COM 291011104 572 11860 SH SOLE 11860 0 0 ENTERPRISE PRODS PARTNERS L COM 293792107 16 297 SH SOLE 214 0 83 EXELON CORP COM 30161N101 33 926 SH SOLE 926 0 0 EXXON MOBIL CORP COM 30231G102 2597 28400 SH SOLE 28400 0 0 EXXON MOBIL CORP COM 30231G102 250 2730 SH DEFINED 2730 0 0 FNB CORP PA COM 302520101 39 3454 SH SOLE 3454 0 0 FIRSTENERGY CORP COM 337932107 76 1722 SH SOLE 1632 0 90 FIRSTENERGY CORP COM 337932107 39 895 SH DEFINED 895 0 0 FORD MTR CO DEL COM PAR $0.01 345370860 49 5000 SH SOLE 5000 0 0 FORD MTR CO DEL COM PAR $0.01 345370860 28 2805 SH DEFINED 2805 0 0 FRONTIER COMMUNICATIONS CORP COM 35906A108 1 192 SH SOLE 192 0 0 GSV CAP CORP COM 36191J101 3 300 SH SOLE 300 0 0 GENERAL DYNAMICS CORP COM 369550108 13 200 SH SOLE 200 0 0 GENERAL ELEC CO COM 369604103 4827 212663 SH SOLE 208563 0 4100 GENERAL ELEC CO COM 369604103 85 3738 SH DEFINED 3738 0 0 GENERAL MLS INC COM 370334104 171 4300 SH SOLE 4300 0 0 GENERAL MLS INC COM 370334104 76 1920 SH DEFINED 1920 0 0 GENUINE PARTS CO COM 372460105 27 450 SH SOLE 450 0 0 GILEAD SCIENCES INC COM 375558103 3 48 SH SOLE 48 0 0 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 168 3641 SH SOLE 3641 0 0 GLOBAL X FDS GLB X URANIUM 37950E754 775 101275 SH SOLE 97775 0 3500 GOLDMAN SACHS GROUP INC COM 38141G104 17 150 SH SOLE 150 0 0 GOOGLE INC CL A 38259P508 171 227 SH SOLE 227 0 0 HCP INC COM 40414L109 143 3210 SH SOLE 3210 0 0 HCP INC COM 40414L109 44 985 SH DEFINED 985 0 0 HSBC HLDGS PLC ADR A 1/40PF A 404280604 51 2000 SH SOLE 2000 0 0 HEINZ H J CO COM 423074103 386 6904 SH SOLE 6828 0 76 HEINZ H J CO COM 423074103 42 753 SH DEFINED 753 0 0 HEWLETT PACKARD CO COM 428236103 128 7507 SH SOLE 7507 0 0 HOME DEPOT INC COM 437076102 277 4583 SH SOLE 4583 0 0 HONEYWELL INTL INC COM 438516106 200 3345 SH SOLE 3345 0 0 ILLINOIS TOOL WKS INC COM 452308109 550 9250 SH SOLE 9250 0 0 INERGY L P UNIT LTD PTNR 456615103 4 217 SH SOLE 217 0 0 INTEL CORP COM 458140100 590 26055 SH SOLE 25640 0 415 INTEL CORP COM 458140100 36 1585 SH DEFINED 1585 0 0 INTEGRYS ENERGY GROUP INC COM 45822P105 46 879 SH SOLE 803 0 76 INTEGRYS ENERGY GROUP INC COM 45822P105 39 745 SH DEFINED 745 0 0 INTL BUSINESS MACH COM 459200101 1767 8517 SH SOLE 8517 0 0 INTL BUSINESS MACH COM 459200101 211 1019 SH DEFINED 1019 0 0 INTERNATIONAL GAME TECHNOLOG COM 459902102 20 1500 SH SOLE 1500 0 0 ISHARES SILVER TRUST ISHARES 46428Q109 25 750 SH SOLE 750 0 0 ISHARES INC MSCI AUSTRALIA 464286103 254 10700 SH SOLE 2600 0 8100 ISHARES INC MSCI BRAZIL 464286400 255 4725 SH SOLE 1175 0 3550 ISHARES INC MSCI CDA INDEX 464286509 2371 83246 SH SOLE 71696 0 11550 ISHARES INC MSCI CDA INDEX 464286509 41 1450 SH DEFINED 1450 0 0 ISHARES INC MSCI EMU INDEX 464286608 2520 83875 SH SOLE 83725 0 150 ISHARES INC MSCI THAILAND 464286624 398 5250 SH SOLE 1225 0 4025 ISHARES INC MSCI PAC J IDX 464286665 22 495 SH SOLE 495 0 0 ISHARES INC MSCI SINGAPORE 464286673 259 19350 SH SOLE 4700 0 14650 ISHARES INC MSCI TURKEY FD 464286715 620 11100 SH SOLE 2200 0 8900 ISHARES INC MSCI TAIWAN 464286731 219 16375 SH SOLE 3950 0 12425 ISHARES INC MSCI S KOREA 464286772 349 5900 SH SOLE 1200 0 4700 ISHARES TR DJ SEL DIV INX 464287168 746 12932 SH SOLE 3867 0 9065 I SHARES BARCLAYS TIPS BOND FUND 464287176 137 1125 SH SOLE 1125 0 0 I SHARES BARCLAYS AGGRGT 464287226 2288 20350 SH SOLE 20350 0 0 I SHARES MSCI EMERGING MKTS INDEX FUND 464287234 1253 30314 SH SOLE 12314 0 18000 ISHARES TR IBOXX INV CPBD 464287242 358 2944 SH SOLE 2775 0 169 ISHARES TR IBOXX INV CPBD 464287242 215 1768 SH DEFINED 1768 0 0 ISHARES TR S&P GBLTELCM 464287275 21 350 SH SOLE 350 0 0 ISHARES TR S&P GBLHLTHCR 464287325 23 365 SH SOLE 365 0 0 ISHARES TR 1-3 YR TRS BD 464287457 305 3610 SH SOLE 3385 0 225 ISHARES TR 1-3 YR TRS BD 464287457 29 343 SH DEFINED 343 0 0 I SHARES MSCI EAFE 464287465 13400 252824 SH SOLE 238179 0 14645 I SHARES MSCI EAFE 464287465 49 920 SH DEFINED 920 0 0 I SHARES RUSSELL 1000 VALUE 464287598 13356 185032 SH SOLE 171907 0 13125 I SHARES RUSSELL 1000 VALUE 464287598 261 3610 SH DEFINED 3610 0 0 ISHARES TR RUSSELL 1000 GROWTH INDEX FUND 464287614 13566 203394 SH SOLE 186844 0 16550 ISHARES TR RUSSELL 1000 GROWTH INDEX FUND 464287614 315 4717 SH DEFINED 4717 0 0 ISHARES TR RUSL 20 00 VALU 464287630 112 1515 SH SOLE 1515 0 0 ISHARES TR S&P SML CAP 600 464287804 7139 92646 SH SOLE 83656 0 8990 ISHARES TR S&P SML CAP 600 464287804 233 3029 SH DEFINED 3029 0 0 ISHARES TR JPMORGA N USD 464288281 1213 10000 SH SOLE 10000 0 0 ISHARES TR HIGH YL D CORP 464288513 3146 34085 SH SOLE 34085 0 0 ISHARES TR MRTG PL S CAP IDX 464288539 23 1525 SH SOLE 1525 0 0 ISHARES TR BARCLYS MBS BD 464288588 33 300 SH SOLE 300 0 0 ISHARES TR BARCLYS 1-3YR CR 464288646 2942 27819 SH SOLE 25829 0 1990 ISHARES TR BARCLYS 1-3YR CR 464288646 26 246 SH DEFINED 246 0 0 ISHARES TR US PFD STK IDX 464288687 3168 79468 SH SOLE 77293 0 2175 ISHARES TR US PFD STK IDX 464288687 11 270 SH DEFINED 270 0 0 ISHARES TR S&P GL UTILITI 464288711 5 119 SH SOLE 119 0 0 ISHARES TR MSCI PE RU CAP 464289842 292 6600 SH SOLE 975 0 5625 ISHARES TR HGH DIV EQT FD 46429B663 5026 82485 SH SOLE 79835 0 2650 ISHARES TR USA MIN VOL ID 46429B697 7845 263970 SH SOLE 254795 0 9175 ISHARES TR BRC 0-5 YR TIP 46429B747 2023 19625 SH SOLE 18475 0 1150 JDS UNIPHASE CORP COM PAR $0.00 46612J507 31 2500 SH SOLE 0 0 2500 JP MORGAN CHASE & CO COM 46625H100 354 8735 SH SOLE 8735 0 0 JP MORGAN CHASE & CO COM 46625H100 19 473 SH DEFINED 473 0 0 JOHNSON & JOHNSON COM 478160104 933 13541 SH SOLE 13478 0 63 JOHNSON & JOHNSON COM 478160104 43 621 SH DEFINED 621 0 0 KELLOGG CO COM 487836108 26 500 SH SOLE 500 0 0 KEYCORP NEW COM 493267108 46 5318 SH SOLE 5318 0 0 KIMBERLY CLARK CORP COM 494368103 84 980 SH SOLE 980 0 0 KINDER MORGAN INC DEL COM 49456B101 4 105 SH SOLE 105 0 0 KINDER MORGAN INC DEL *W EXP 5/25/2017 49456B119 1 160 SH SOLE 160 0 0 KRAFT FOODS INC CL A 50075N104 341 8237 SH SOLE 8132 0 105 KRAFT FOODS INC CL A 50075N104 61 1480 SH DEFINED 1480 0 0 LILLY ELI & CO COM 532457108 172 3630 SH SOLE 3534 0 96 LILLY ELI & CO COM 532457108 47 984 SH DEFINED 984 0 0 LINCOLN NATL CORP IND COM 534187109 99 4091 SH SOLE 4091 0 0 LOCKHEED MARTIN CORP COM 539830109 89 950 SH SOLE 950 0 0 LOWES COS INC COM 548661107 139 4600 SH SOLE 4600 0 0 MACYS INC COM 55616P104 9 250 SH SOLE 0 0 250 MARATHON OIL CORP 565849106 18 604 SH SOLE 604 0 0 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 1492 27800 SH SOLE 26950 0 850 MARKET VECTORS ETF TR RUSSIA ETF 57060U506 196 6800 SH SOLE 1275 0 5525 MARKET VECTORS ETF TR AGRIBUS ETF 57060U605 5 100 SH SOLE 0 0 100 MARKET VECTORS ETF TR VIETNAM ETF 57060U761 229 14275 SH SOLE 3175 0 11100 MCDONALDS CORP COM 580135101 339 3692 SH SOLE 3645 0 47 MCDONALDS CORP COM 580135101 40 435 SH DEFINED 435 0 0 MEDTRONIC INC COM 585055106 321 7450 SH SOLE 7450 0 0 MERCK & CO INC NEW COM 58933Y105 673 14935 SH SOLE 14833 0 102 MERCK & CO INC NEW COM 58933Y105 56 1236 SH DEFINED 1236 0 0 MICROSOFT CORP COM 594918104 996 33478 SH SOLE 25894 0 7584 MORGAN STANLEY COM NEW 617446448 21 1250 SH SOLE 1250 0 0 MORGAN STANLEY INDIA INVS FD COM 61745C105 36 2050 SH SOLE 0 0 2050 MYLAN LABS INC COM 628530107 5 225 SH SOLE 225 0 0 NATIONAL FUEL GAS CO N J COM 636180101 4 80 SH SOLE 80 0 0 NEENAH PAPER INC COM 640079109 1 50 SH SOLE 50 0 0 NEWMONT MINING CORP COM 651639106 11 204 SH SOLE 204 0 0 NEXTERA ENERGY INC COM 65339F101 74 1050 SH SOLE 900 0 150 NOKIA CORP SPONSORED ADR 654902204 17 6750 SH SOLE 6750 0 0 NORFOLK SOUTHERN CORP COM 655844108 78 1222 SH SOLE 1222 0 0 NORWOOD FINANCIAL CORP COM 669549107 41 1365 SH SOLE 1365 0 0 NUCOR CORP COM 670346105 114 2992 SH SOLE 2992 0 0 OGE ENERGY CORP COM 670837103 33 600 SH DEFINED 600 0 0 OCCIDENTAL PETE CORP DEL COM 674599105 18 209 SH SOLE 109 0 100 OMNICOM GROUP INC COM 681919106 23 450 SH SOLE 450 0 0 ORACLE CORP COM 68389X105 151 4817 SH SOLE 4817 0 0 PG&E CORP COM 69331C108 52 1229 SH SOLE 1134 0 95 PG&E CORP COM 69331C108 40 941 SH DEFINED 941 0 0 PPG INDS INC COM 693506107 213 1857 SH SOLE 1857 0 0 PPL CORP COM 69351T106 261 8989 SH SOLE 8989 0 0 PAYCHEX INC COM 704326107 4 135 SH SOLE 135 0 0 PAYCHEX INC COM 704326107 10 312 SH DEFINED 312 0 0 PEPSICO INC COM 713448108 888 12549 SH SOLE 12490 0 59 PEPSICO INC COM 713448108 43 602 SH DEFINED 602 0 0 PFIZER INC COM 717081103 414 16677 SH SOLE 16293 0 384 PFIZER INC COM 717081103 46 1837 SH DEFINED 1837 0 0 PHILIP MORRIS INTL INC COM 718172109 47 523 SH SOLE 523 0 0 PHILLIPS 66 COM 718546104 62 1335 SH SOLE 1335 0 0 PHILLIPS 66 COM 718546104 13 273 SH DEFINED 273 0 0 PIMCO ETF TR ENHAN SHRT MAT 72201R833 1825 17985 SH SOLE 17985 0 0 PIMCO ETF TR ENHAN SHRT MAT 72201R833 400 3944 SH DEFINED 3944 0 0 PINNACLE WEST CPTLCORP 723484101 257 4875 SH SOLE 4875 0 0 POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 3146 109696 SH SOLE 99421 0 10275 POWERSHARES ETF TRUST WATER RESOURCE 73935X575 1 50 SH SOLE 50 0 0 POWERSHS DB MULTI SECT COMM DB ENERGY FUND 73936B101 4 125 SH SOLE 125 0 0 POWERSHS DB US DOLLAR INDEX DOLL INDX BULL 73936D107 1221 55750 SH SOLE 55750 0 0 POWERSHARES ETF TRUST II MENA FRNTR ETF 73936Q603 16 1500 SH SOLE 0 0 1500 POWERSHARES ETF TR II BUILD AMER ETF 73937B407 47 1550 SH SOLE 1550 0 0 PROCTER & GAMBLE CO COM 742718109 870 12545 SH SOLE 12480 0 65 PROCTER & GAMBLE CO COM 742718109 44 636 SH DEFINED 636 0 0 PROGRESSIVE CORP OHIO COM 743315103 31 1500 SH SOLE 1500 0 0 PROSHARES TR PSHS ULTSH 20YRS 74347R297 1013 65000 SH SOLE 65000 0 0 PROSHARES TR PSHS ULSHT SP500 74347R883 818 60000 SH SOLE 60000 0 0 PRUDENTIAL FINL INC COM 744320102 11 204 SH SOLE 204 0 0 PUBLIC SVC ENTERPRISE GROUP COM 744573106 72 2222 SH SOLE 2222 0 0 PUBLIC SVC ENTERPRISE GROUP COM 744573106 42 1300 SH DEFINED 1300 0 0 QUALCOMM INC COM 747525103 309 4945 SH SOLE 4945 0 0 RAYTHEON CO COM NEW 755111507 57 1000 SH SOLE 1000 0 0 RITE AID CORP COM 767754104 6 5000 SH SOLE 5000 0 0 ROCKWELL COLLINS INC 774341101 212 3950 SH SOLE 3950 0 0 ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 377 5437 SH SOLE 5437 0 0 SPDR S&P 500 ETF TRUST 78462F103 3838 26658 SH SOLE 26658 0 0 SPDR S&P 500 ETF TRUST 78462F103 386 2678 SH DEFINED 2678 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 44 257 SH SOLE 257 0 0 SPDR INDEX SHS FDS S&P INTL ETF 78463X772 58 1275 SH SOLE 1275 0 0 SPDR INDEX SHS FDS MACQU GLBIN100 78463X855 2 50 SH SOLE 50 0 0 SPDR SERIES TRUST BRCLYS CAP CONV 78464A359 1722 43510 SH SOLE 40880 0 2630 SPDR SERIES TRUST LEHMAN YLD ETF 78464A417 3887 96700 SH SOLE 85300 0 11400 SPDR SERIES TRUST LEHMAN YLD ETF 78464A417 38 950 SH DEFINED 950 0 0 SPDR SERIES TRUST BARC CAPTL ETF 78464A474 662 21475 SH SOLE 17525 0 3950 SPDR SERIES TRUST DB INT GVT ETF 78464A490 54 875 SH SOLE 875 0 0 SPDR SERIES TRUST S&P DIVID ETF 78464A763 29 500 SH SOLE 500 0 0 SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 3713 20638 SH SOLE 17988 0 2650 SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 359 1994 SH DEFINED 1994 0 0 SCHLUMBERGER LTD 806857108 684 9450 SH SOLE 9450 0 0 SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 30 850 SH SOLE 850 0 0 SECTOR SPDR TR SBI INTENERGY 81369Y506 1263 17200 SH SOLE 17200 0 0 SELECT SECTOR SPDR TR SBI INTTECH 81369Y803 507 16450 SH SOLE 3800 0 12650 SELECT SECTOR SPDR TR SBI INTUTILS 81369Y886 1171 32175 SH SOLE 32175 0 0 SIGMA ALDRICH CORP COM 826552101 225 3130 SH SOLE 3130 0 0 SOUTHERN CO COM 842587107 404 8761 SH SOLE 8761 0 0 SPECTRA ENERGY CORP COM 847560109 124 4221 SH SOLE 4075 0 146 SPECTRA ENERGY CORP COM 847560109 40 1374 SH DEFINED 1374 0 0 STAPLES INCORPORATED 855030102 14 1250 SH SOLE 1250 0 0 STARBUCKS CORP COM 855244109 8 150 SH SOLE 150 0 0 STATE STR CORP COM 857477103 65 1550 SH SOLE 1550 0 0 STRYKER CORP COM 863667101 6 110 SH SOLE 110 0 0 SYMANTEC CORP COM 871503108 44 2455 SH SOLE 2455 0 0 SYSCO CORP COM 871829107 66 2125 SH SOLE 2125 0 0 TARGET CORP COM 87612E106 241 3800 SH SOLE 3800 0 0 TENARIS S A SPONSORED ADR 88031M109 41 1000 SH SOLE 1000 0 0 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 10 237 SH SOLE 237 0 0 TEXAS INSTRS INC COM 882508104 142 5145 SH SOLE 5145 0 0 THERMO FISHER SCIENTIFIC INC COM 883556102 15 258 SH SOLE 258 0 0 3M CO COM 88579Y101 129 1400 SH SOLE 1250 0 150 3M CO COM 88579Y101 37 400 SH DEFINED 400 0 0 TIME WARNER INC COM NEW 887317303 19 418 SH SOLE 309 0 109 TOMPKINS TRUST CO INC COM 890110109 135 3341 SH SOLE 3341 0 0 TRANS1 INC COM 89385X105 15 5775 SH SOLE 3825 0 1950 TRAVELERS COMPANIES INC COM 89417E109 14 208 SH SOLE 208 0 0 TRUSTCO BK CORP N Y COM 898349105 5 842 SH DEFINED 842 0 0 UIL HLDG CORP COM 902748102 30 847 SH SOLE 847 0 0 UNION PAC CORP COM 907818108 475 4000 SH SOLE 4000 0 0 UNITED PARCEL SERVICE INC CL B 911312106 90 1260 SH SOLE 1260 0 0 UNITED TECHNOLOGIES CORP COM 913017109 261 3335 SH SOLE 3335 0 0 VALERO ENERGY CORP NEW COM 91913Y100 13 421 SH SOLE 421 0 0 VANGUARD SPECIALIZED DIV APP PORTFOL ETF 921908844 14233 238487 SH SOLE 213112 0 25375 VANGUARD SPECIALIZED DIV APP PORTFOL ETF 921908844 413 6928 SH DEFINED 6928 0 0 VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 2099 24647 SH SOLE 23752 0 895 VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 696 8168 SH DEFINED 8168 0 0 VANGUARD HIGH DIVIDEND YIELD ETF 921946406 23 450 SH SOLE 450 0 0 VANGUARD INTL EQUITY INDEX F FTSE SM CAP ETF 922042718 569 6510 SH SOLE 6510 0 0 VANGUARD MSCI EMERGING MARKETS ETF 922042858 3656 87626 SH SOLE 77176 0 10450 VANGUARD MSCI EMERGING MARKETS ETF 922042858 100 2400 SH DEFINED 2400 0 0 VANGUARD INDEX FDS REIT ETF 922908553 1337 20575 SH SOLE 20575 0 0 VANGUARD INDEX FDS MID CAP ETF 922908629 5080 62600 SH SOLE 59850 0 2750 VERIZON COMMUNICATIONS COM 92343V104 1100 24135 SH SOLE 23689 0 446 VERIZON COMMUNICATIONS COM 92343V104 50 1090 SH DEFINED 1090 0 0 VISA INC COM CL A 92826C839 104 775 SH SOLE 775 0 0 VULCAN MATLS CO COM 929160109 118 2500 SH SOLE 2500 0 0 WAL MART STORES INC COM 931142103 900 12194 SH SOLE 12135 0 59 WAL MART STORES INC COM 931142103 46 622 SH DEFINED 622 0 0 WALGREEN CO COM 931422109 189 5200 SH SOLE 4950 0 250 WASTE MGMT INC DEL COM 94106L109 10 300 SH SOLE 300 0 0 WASTE MGMT INC DEL COM 94106L109 15 475 SH DEFINED 475 0 0 WELLS FARGO & CO NEW COM 949746101 182 5286 SH SOLE 5286 0 0 WESTERN ASSET MANAGED MUNI 95766M105 41 2673 SOLE 2673 0 0 WILLIAMS COS INC DEL COM 969457100 31 874 SH SOLE 736 0 138 WINDSTREAM CORP COM 97381W104 9 845 SH SOLE 845 0 0 WISCONSIN ENERGY CORP COM 976657106 62 1650 SH SOLE 1650 0 0 WISDOMTREE EQUTT INCOME FUND 97717W208 33 700 SH SOLE 700 0 0 WISDOMTREE TRUST EMERG MKTS ETF 97717W315 3636 67750 SH SOLE 57350 0 10400 WISDOMTREE TRUST INTL MIDCAP DV 97717W778 1600 34675 SH SOLE 33450 0 1225 WISDOMTREE TRUST INTL DVTOP100 97717W786 64 1600 SH SOLE 200 0 1400 WISDOMTREE TR EM LCL DEBT FD 97717X867 2370 45300 SH SOLE 45000 0 300 YUM BRANDS INC 988498101 48 720 SH SOLE 720 0 0 ZIMMER HLDGS INC COM 98956P102 126 1868 SH SOLE 1868 0 0 GRAND TOTALS 216822 4571401 4240357 0 331044 AT&T Inc Equity 00206R102 3381464 89694 Sole 88794 0 900 AT&T Inc Equity 00206R102 998258 26479 Defined 22279 0 4200 Abbott Laboratories Equity 2824100 2507239 36570 Sole 36220 0 350 Abbott Laboratories Equity 2824100 390792 5700 Defined 4600 0 1100 Amgen Inc Equity 31162100 151722 1800 Sole 1800 0 0 Amgen Inc Equity 31162100 92719 1100 Defined 1100 0 0 Apache Corp Equity 37411105 239954 2775 Sole 2775 0 0 Astoria Financial Corp Equity 46265104 72124 7300 Sole 7300 0 0 Astoria Financial Corp Equity 46265104 35568 3600 Defined 3600 0 0 Automatic Data Processing Inc Equity 53015103 1828901 31178 Sole 30978 0 200 Automatic Data Processing Inc Equity 53015103 346094 5900 Defined 5900 0 0 BB&T Corp Equity 54937107 207250 6250 Sole 6250 0 0 BB&T Corp Equity 54937107 33160 1000 Defined 1000 0 0 Becton, Dickinson & Co Equity 75887109 212112 2700 Sole 2700 0 0 Becton, Dickinson & Co Equity 75887109 157120 2000 Defined 2000 0 0 Bemis Co Inc Equity 81437105 855197 27175 Sole 26825 0 350 Bemis Co Inc Equity 81437105 234452 7450 Defined 7350 0 100 BHP Billiton Ltd Sponsored ADR Equity 88606108 624351 9100 Sole 9100 0 0 BHP Billiton Ltd Sponsored ADR Equity 88606108 133790 1950 Defined 1950 0 0 Bristol Myers Squibb Co Equity 110122108 375401 11123 Sole 10923 0 200 Bristol Myers Squibb Co Equity 110122108 381375 11300 Defined 9500 0 1800 Caterpillar Inc Equity 149123101 137664 1600 Sole 1600 0 0 Caterpillar Inc Equity 149123101 129060 1500 Defined 1500 0 0 Chevron Corp Equity 166764100 2570148 22050 Sole 22000 0 50 Chevron Corp Equity 166764100 734328 6300 Defined 6250 0 50 Chubb Corp Equity 171232101 175444 2300 Sole 2300 0 0 Chubb Corp Equity 171232101 122048 1600 Defined 1600 0 0 Cisco Systems Inc Equity 17275R102 818507 42865 Sole 42365 0 500 Cisco Systems Inc Equity 17275R102 187131 9800 Defined 7700 0 2100 Coca Cola Co Equity 191216100 2376997 62668 Sole 62268 0 400 Coca Cola Co Equity 191216100 716877 18900 Defined 16900 0 2000 Colgate Palmolive Co Equity 194162103 257542 2402 Sole 2402 0 0 Colgate Palmolive Co Equity 194162103 300216 2800 Defined 2800 0 0 Community Bank System Inc Equity 203607106 1334317 47333 Sole 47333 0 0 Community Bank System Inc Equity 203607106 35282773 1251606 Defined 1227898 0 23708 ConocoPhillips Co Equity 20825C104 1034386 18090 Sole 17990 0 100 ConocoPhillips Co Equity 20825C104 305913 5350 Defined 5350 0 0 Devon Energy Corp New Equity 25179M103 187550 3100 Sole 3100 0 0 Devon Energy Corp New Equity 25179M103 90750 1500 Defined 1500 0 0 Disney (Walt) Co Equity 254687106 310125 5932 Sole 5832 0 100 Disney (Walt) Co Equity 254687106 20912 400 Defined 400 0 0 Dominion Resources New Equity 25746U109 1712080 32340 Sole 32240 0 100 Dominion Resources New Equity 25746U109 719984 13600 Defined 12600 0 1000 Dow Chemical Co Equity 260543103 715912 24725 Sole 24625 0 100 Dow Chemical Co Equity 260543103 83246 2875 Defined 2875 0 0 EOG Resources Inc Equity 26875P101 263318 2350 Sole 2350 0 0 EOG Resources Inc Equity 26875P101 28013 250 Defined 250 0 0 Emerson Elec Co Equity 291011104 567414 11755 Sole 11705 0 50 Emerson Elec Co Equity 291011104 84473 1750 Defined 1750 0 0 Exelon Corp Equity 30161N101 1316424 36999 Sole 36799 0 200 Exelon Corp Equity 30161N101 346905 9750 Defined 8650 0 1100 Exxon Mobil Corp Equity 30231G102 5080688 55557 Sole 55407 0 150 Exxon Mobil Corp Equity 30231G102 1276642 13960 Defined 12510 0 1450 Fastenal Co Equity 311900104 275136 6400 Sole 6400 0 0 Fastenal Co Equity 311900104 128970 3000 Defined 3000 0 0 General Electric Co Equity 369604103 2353642 103639 Sole 102689 0 950 General Electric Co Equity 369604103 874335 38500 Defined 37300 0 1200 General Mills Inc Equity 370334104 987403 24778 Sole 24778 0 0 General Mills Inc Equity 370334104 298875 7500 Defined 7500 0 0 Illinois Tool Works Inc Equity 452308109 1128443 18975 Sole 18900 0 75 Illinois Tool Works Inc Equity 452308109 301810 5075 Defined 4575 0 500 Intel Corp Equity 458140100 1235830 54550 Sole 54100 0 450 Intel Corp Equity 458140100 289984 12800 Defined 10600 0 2200 Intl Business Machines Corp Equity 459200101 4591283 22132 Sole 22032 0 100 Intl Business Machines Corp Equity 459200101 18703485 90159 Defined 89409 0 750 Intl Flavors & Fragrances Inc Equity 459506101 214488 3600 Sole 3600 0 0 JP Morgan Chase & Co Equity 46625H100 1056528 26100 Sole 26100 0 0 JP Morgan Chase & Co Equity 46625H100 161920 4000 Defined 2400 0 1600 Johnson & Johnson Equity 478160104 3240631 47027 Sole 46952 0 75 Johnson & Johnson Equity 478160104 998506 14490 Defined 14390 0 100 Johnson Controls Inc Equity 478366107 282220 10300 Sole 10300 0 0 Johnson Controls Inc Equity 478366107 27400 1000 Defined 0 0 1000 Kimberly Clark Corp Equity 494368103 1070106 12475 Sole 12475 0 0 Kimberly Clark Corp Equity 494368103 403166 4700 Defined 4600 0 100 Lilly Eli & Co Equity 532457108 539289 11375 Sole 11275 0 100 Lilly Eli & Co Equity 532457108 78227 1650 Defined 1650 0 0 M & T Bank Corp Equity 55261F104 72893 766 Sole 766 0 0 M & T Bank Corp Equity 55261F104 951600 10000 Defined 10000 0 0 McDonalds Corp Equity 580135101 184968 2016 Sole 2016 0 0 McDonalds Corp Equity 580135101 412875 4500 Defined 3500 0 1000 McKesson Corp Equity 58155Q103 107538 1250 Sole 1250 0 0 McKesson Corp Equity 58155Q103 197869 2300 Defined 2300 0 0 Merchants Bancshares Inc Equity 588448100 140363 4750 Sole 4750 0 0 Merchants Bancshares Inc Equity 588448100 88650 3000 Defined 3000 0 0 Merck & Co Inc New Equity 58933Y105 1524527 33807 Sole 33507 0 300 Merck & Co Inc New Equity 58933Y105 428493 9502 Defined 8302 0 1200 Microsoft Corp Equity 594918104 820989 27587 Sole 27587 0 0 Microsoft Corp Equity 594918104 234360 7875 Defined 6875 0 1000 Monsanto Co Equity 61166W101 527916 5800 Sole 5800 0 0 Monsanto Co Equity 61166W101 82100 902 Defined 902 0 0 NBT Bancorp Inc Equity 628778102 117081 5305 Sole 5305 0 0 NBT Bancorp Inc Equity 628778102 284835 12906 Defined 2906 0 10000 Nextera Energy Inc Equity 65339F101 889604 12649 Sole 12549 0 100 Nextera Energy Inc Equity 65339F101 351650 5000 Defined 5000 0 0 Norfolk Southern Corp Equity 655844108 623574 9800 Sole 9800 0 0 Norfolk Southern Corp Equity 655844108 73175 1150 Defined 1150 0 0 Novartis Ag ADR Equity 66987V109 1868430 30500 Sole 30400 0 100 Novartis Ag ADR Equity 66987V109 476297 7775 Defined 7775 0 0 Nucor Corp Equity 670346105 731723 19125 Sole 19025 0 100 Nucor Corp Equity 670346105 122432 3200 Defined 3200 0 0 OGE Energy Corp Equity 670837103 221840 4000 Sole 4000 0 0 OGE Energy Corp Equity 670837103 55460 1000 Defined 1000 0 0 Oracle Corp Equity 68389X105 184985 5880 Sole 5880 0 0 Oracle Corp Equity 68389X105 31460 1000 Defined 1000 0 0 PepsiCo Inc Equity 713448108 2399103 33900 Sole 33800 0 100 PepsiCo Inc Equity 713448108 645776 9125 Defined 9025 0 100 Pfizer Inc Equity 717081103 1569153 63145 Sole 62645 0 500 Pfizer Inc Equity 717081103 166097 6684 Defined 6484 0 200 Phillips 66 Equity 718546104 398550 8595 Sole 8545 0 50 Phillips 66 Equity 718546104 96218 2075 Defined 2075 0 0 Potash Corp Sask Inc Equity 73755L107 817382 18825 Sole 18625 0 200 Potash Corp Sask Inc Equity 73755L107 193219 4450 Defined 3950 0 500 Procter & Gamble Co Equity 742718109 3322899 47908 Sole 47808 0 100 Procter & Gamble Co Equity 742718109 856596 12350 Defined 10250 0 2100 Public Service Enterprise Equity 744573106 1149631 35725 Sole 35625 0 100 Public Service Enterprise Equity 744573106 453738 14100 Defined 12900 0 1200 Sempra Energy Inc Equity 816851109 1513258 23465 Sole 23365 0 100 Sempra Energy Inc Equity 816851109 272470 4225 Defined 4225 0 0 Stanley Black & Decker Inc Equity 854502101 838750 11000 Sole 11000 0 0 Stanley Black & Decker Inc Equity 854502101 213500 2800 Defined 2800 0 0 Sysco Corp Equity 871829107 922465 29500 Sole 29150 0 350 Sysco Corp Equity 871829107 340843 10900 Defined 10900 0 0 Target Corp Equity 8.7612E+110* 355432 5600 Sole 5500 0 100 Target Corp Equity 8.7612E+110 38082 600 Defined 600 0 0 Texas Instruments Inc Equity 882508104 323082 11725 Sole 11625 0 100 Texas Instruments Inc Equity 882508104 38577 1400 Defined 1400 0 0 3M Company Equity 88579Y101 3377951 36550 Sole 36350 0 200 3M Company Equity 88579Y101 633077 6850 Defined 6150 0 700 United Parcel Svc Inc Cl B Equity 911312106 1012716 14150 Sole 14150 0 0 United Parcel Svc Inc Cl B Equity 911312106 266598 3725 Defined 3725 0 0 United Technologies Corp Equity 913017109 1691064 21600 Sole 21600 0 0 United Technologies Corp Equity 913017109 367963 4700 Defined 4700 0 0 United Health Group Inc Equity 91324P102 648297 11700 Sole 11700 0 0 United Health Group Inc Equity 91324P102 55410 1000 Defined 1000 0 0 Vanguard Short-Term Bond ETF Equity 921937827 1710450 21000 Sole 20900 0 100 Vanguard Short-Term Bond ETF Equity 921937827 321728 3950 Defined 3500 0 450 Verizon Communications Co Equity 92343V104 2353554 51647 Sole 51097 0 550 Verizon Communications Co Equity 92343V104 657803 14435 Defined 14435 0 0 Wal-Mart Stores Inc Equity 931142103 1583010 21450 Sole 21450 0 0 Wal-Mart Stores Inc Equity 931142103 439110 5950 Defined 5950 0 0 Walgreen Co Equity 931422109 214996 5900 Sole 5900 0 0 Walgreen Co Equity 931422109 7288 200 Defined 200 0 0 Wellpoint Inc Equity 94973V107 273807 4720 Sole 4620 0 100 Wellpoint Inc Equity 94973V107 17403 300 Defined 300 0 0 Wells Fargo & Co Equity 949746101 565601 16380 Sole 16380 0 0 Wells Fargo & Co Equity 949746101 31077 900 Defined 900 0 0 Noble Corp Equity H5833N103 758536 21200 Sole 21000 0 200 Noble Corp Equity H5833N103 271928 7600 Defined 6600 0 1000 157,780,380