UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported): January 26, 2004

                    [LOGO]
                          COMMUNITY BANK SYSTEM, INC.
             (Exact name of registrant as specified in its charter)

                             New York Stock Exchange
                   (Name of Each Exchange on Which Registered)

          Delaware                                       16-1213679
(State or other jurisdiction                (I.R.S. Employer Identification No.)
     of incorporation)

5790 Widewaters Parkway, DeWitt, New York                13214-1883
(Address of principal executive offices)                 (Zip Code)

                                 (315) 445-2282
              (Registrant's telephone number, including area code)

                        ---------------------------------
          (Former Name or Former Address, if Changed Since Last Report)



Item 7. Financial Statements and Exhibits.

The following exhibit is filed as a part of this report:

         Exhibit No.                Description
         -----------                -----------
         99                         Press Release, dated January 26, 2004

Item 9. Information Being Provided Under Item 12.

On January 26, 2004, Community Bank System, Inc. announced its results of
operations for the fiscal year ending December 31, 2003. The public announcement
was made by means of a news release, the text of which is set forth in Exhibit
99 hereto. This information is being furnished pursuant to Item 12 of Form 8-K
and is being presented under Item 9 as provided in the Commission's final rule;
interim guidance regarding Form 8-K Item 11 and Item 12 filing requirements
(Release No. 34-47583).

                                   SIGNATURES

Pursuant to the requirements of The Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                    Community Bank System, Inc.


Date: January 26, 2004                 /s/ Sanford A. Belden
                                       ---------------------
                                       Sanford A. Belden, President and
                                       Chief Executive Officer


Date: January 26, 2004                 /s/ Mark E. Tryniski
                                       --------------------
                                       Mark E. Tryniski, Chief Financial Officer