GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2020

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS [Abstract]

Gross Carrying Amount and Accumulated Amortization of Identifiable Intangible Assets

The gross carrying amount and accumulated amortization for each type of identifiable intangible asset are as follows:

	June 30, 2020							December 31, 2019
(000’s omitted)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Amortizing intangible assets:
Core deposit intangibles	$	69,403	$	(52,838	)	$	16,565	$	66,475	$	(50,057	)	$	16,418
Other intangibles		90,462		(46,981	)		43,481		89,266		(42,571	)		46,695
Total amortizing intangibles	$	159,865	$	(99,819	)	$	60,046	$	155,741	$	(92,628	)	$	63,113

Estimated Aggregate Amortization Expense for Each of Five Succeeding Fiscal Years

The estimated aggregate amortization expense for each of the five succeeding fiscal years ended December 31 is as follows:

(000’s omitted)
Jul - Dec 2020	$	7,106
2021		12,640
2022		10,844
2023		9,082
2024		7,551
Thereafter		12,823
Total	$	60,046

Components of Goodwill

Shown below are the components of the Company’s goodwill at December 31, 2019 and June 30, 2020:

(000’s omitted)	December 31, 2019		Activity		June 30, 2020
Goodwill, net	$	773,810	$	18,905	$	792,715