XML 48 R36.htm IDEA: XBRL DOCUMENT v3.8.0.1
ACQUISITIONS, Estimated Fair Value of Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
9 Months Ended
May 12, 2017
Feb. 03, 2017
Jan. 04, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Consideration paid [Abstract]            
Cash       $ 105,402 $ 575  
Recognized amounts of identifiable assets acquired and liabilities assumed [Abstract]            
Goodwill       731,505 $ 465,142 $ 465,142
NRS [Member]            
Consideration paid [Abstract]            
Cash   $ 70,073        
Community Bank System, Inc. common stock   78,483        
Total net consideration paid   148,556        
Recognized amounts of identifiable assets acquired and liabilities assumed [Abstract]            
Cash and cash equivalents   11,063        
Investment securities   20,294        
Loans   0        
Premises and equipment   411        
Accrued interest receivable   72        
Other assets   8,088        
Deposits   0        
Other liabilities   (28,002)        
Short-term advances   0        
Securities sold under agreement to repurchase, short-term   0        
Long-term debt   0        
Subordinated debt held by unconsolidated subsidiary trusts   0        
Total identifiable assets, net   72,126        
Goodwill   76,430        
NRS [Member] | Core Deposits [Member]            
Recognized amounts of identifiable assets acquired and liabilities assumed [Abstract]            
Intangibles   0        
NRS [Member] | Other Intangibles [Member]            
Recognized amounts of identifiable assets acquired and liabilities assumed [Abstract]            
Intangibles   $ 60,200        
Merchants Bancshares, Inc. [Member]            
Consideration paid [Abstract]            
Cash $ 82,898          
Community Bank System, Inc. common stock 262,254          
Total net consideration paid 345,152          
Recognized amounts of identifiable assets acquired and liabilities assumed [Abstract]            
Cash and cash equivalents 40,730          
Investment securities 370,648          
Loans 1,488,680          
Premises and equipment 16,608          
Accrued interest receivable 4,773          
Other assets 51,849          
Deposits (1,448,406)          
Other liabilities (11,774)          
Short-term advances (80,000)          
Securities sold under agreement to repurchase, short-term (278,076)          
Long-term debt (3,615)          
Subordinated debt held by unconsolidated subsidiary trusts (20,619)          
Total identifiable assets, net 156,869          
Goodwill 188,283          
Merchants Bancshares, Inc. [Member] | Core Deposits [Member]            
Recognized amounts of identifiable assets acquired and liabilities assumed [Abstract]            
Intangibles 23,214          
Merchants Bancshares, Inc. [Member] | Other Intangibles [Member]            
Recognized amounts of identifiable assets acquired and liabilities assumed [Abstract]            
Intangibles $ 2,857          
WJL Agencies Inc [Member]            
Consideration paid [Abstract]            
Cash     $ 575      
Community Bank System, Inc. common stock     0      
Total net consideration paid     575      
Recognized amounts of identifiable assets acquired and liabilities assumed [Abstract]            
Cash and cash equivalents     0      
Investment securities     0      
Loans     0      
Premises and equipment     0      
Accrued interest receivable     0      
Other assets     0      
Deposits     0      
Other liabilities     0      
Short-term advances     0      
Securities sold under agreement to repurchase, short-term     0      
Long-term debt     0      
Subordinated debt held by unconsolidated subsidiary trusts     0      
Total identifiable assets, net     288      
Goodwill     287      
WJL Agencies Inc [Member] | Core Deposits [Member]            
Recognized amounts of identifiable assets acquired and liabilities assumed [Abstract]            
Intangibles     0      
WJL Agencies Inc [Member] | Other Intangibles [Member]            
Recognized amounts of identifiable assets acquired and liabilities assumed [Abstract]            
Intangibles     $ 288      
Other [Member]            
Consideration paid [Abstract]            
Cash [1]       4,224    
Community Bank System, Inc. common stock [1]       0    
Total net consideration paid [1]       4,224    
Recognized amounts of identifiable assets acquired and liabilities assumed [Abstract]            
Cash and cash equivalents [1]       0    
Investment securities [1]       0    
Loans [1]       0    
Premises and equipment [1]       27    
Accrued interest receivable [1]       0    
Other assets [1]       272    
Deposits [1]       0    
Other liabilities [1]       (582)    
Short-term advances [1]       0    
Securities sold under agreement to repurchase, short-term [1]       0    
Long-term debt [1]       0    
Subordinated debt held by unconsolidated subsidiary trusts [1]       0    
Total identifiable assets, net [1]       2,574    
Goodwill [1]       1,650    
Other [Member] | Core Deposits [Member]            
Recognized amounts of identifiable assets acquired and liabilities assumed [Abstract]            
Intangibles [1]       0    
Other [Member] | Other Intangibles [Member]            
Recognized amounts of identifiable assets acquired and liabilities assumed [Abstract]            
Intangibles [1]       2,857    
Total [Member]            
Consideration paid [Abstract]            
Cash       157,195    
Community Bank System, Inc. common stock       340,737    
Total net consideration paid       497,932    
Recognized amounts of identifiable assets acquired and liabilities assumed [Abstract]            
Cash and cash equivalents       51,793    
Investment securities       390,942    
Loans       1,488,680    
Premises and equipment       17,046    
Accrued interest receivable       4,845    
Other assets       60,209    
Deposits       (1,448,406)    
Other liabilities       (40,358)    
Short-term advances       (80,000)    
Securities sold under agreement to repurchase, short-term       (278,076)    
Long-term debt       (3,615)    
Subordinated debt held by unconsolidated subsidiary trusts       (20,619)    
Total identifiable assets, net       231,569    
Goodwill       266,363    
Total [Member] | Core Deposits [Member]            
Recognized amounts of identifiable assets acquired and liabilities assumed [Abstract]            
Intangibles       23,214    
Total [Member] | Other Intangibles [Member]            
Recognized amounts of identifiable assets acquired and liabilities assumed [Abstract]            
Intangibles       $ 65,914    
[1] Includes amounts related to the BAS and Dryfoos acquisitions.