BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2017

BORROWINGS [Abstract]

Outstanding Borrowings

Outstanding borrowings at December 31 are as follows:

(000's omitted)	2017		2016
FHLB overnight advance	$	24,000	$	146,200
Subordinated debt held by unconsolidated subsidiary trusts,
net of discount of $332 and $357, respectively		122,814		102,170
Securities sold under agreement to repurchase, short term		337,011		0
FHLB Long term advances		2,071		0
Total borrowings	$	485,896	$	248,370

Borrowings by Contractual Maturity Dates

Borrowings at December 31, 2017 have contractual maturity dates as follows:

(000's omitted, except rate)	Carrying Value		Weighted-average Rate at December 31, 2017
January 2, 2018	$	361,011		0.54	%
July 3, 2023		601		2.25	%
October 23, 2023		515		1.50	%
October 1, 2025		329		1.50	%
March 1, 2029		626		2.50	%
July 31, 2031		24,875		4.96	%
December 15, 2034		20,619		3.54	%
December 15, 2036		77,320		3.24	%
Total	$	485,896		1.34	%

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
CST III	7/31/2001	$24.5 million	3 month LIBOR plus 3.58% (4.96%)	7/31/2031	Par
CCT IV	12/8/2006	$75.0 million	3 month LIBOR plus 1.65% (3.24%)	12/15/2036	Par
MBVT I	12/15/2004	$20.6 million	3 month LIBOR plus 1.95% (3.54%)	12/15/2034	Par