ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2023

ACQUISITIONS

Summary of the estimated fair value of assets acquired and liabilities

	2023						2022						2021
(000s omitted)	Axiom		Other (1)		Total		Elmira		Other (2)			Total	Total (3)
Consideration:
Cash	$	1,819	$	6,698	$	8,517	$	82,179	$	3,477	$	85,656	$	29,870
Contingent consideration		0		1,450		1,450		0		0		0		2,900
Total net consideration		1,819		8,148		9,967		82,179		3,477		85,656		32,770
Recognized amounts of identifiable assets acquired and liabilities assumed:
Cash and cash equivalents		0		0		0		84,988		0		84,988		541
Investment securities		0		0		0		11,305		0		11,305		0
Loans, net of allowance for credit losses on PCD loans		0		0		0		436,796		0		436,796		0
Premises and equipment, net		25		41		66		11,303		14		11,317		760
Accrued interest and fees receivable		0		0		0		882		0		882		0
Other assets		2		175		177		30,337		0		30,337		579
Core deposit intangibles		0		0		0		7,970		0		7,970		0
Other intangibles		1,176		4,930		6,106		0		3,014		3,014		26,337
Deposits		0		0		0		(522,295)		0		(522,295)		0
Other liabilities		(9)		(9)		(18)		(3,596)		(34)		(3,630)		(1,164)
Other Federal Home Loan Bank borrowings		0		0		0		(17,616)		0		(17,616)		0
Total identifiable assets, net		1,194		5,137		6,331		40,074		2,994		43,068		27,053
Goodwill	$	625	$	3,011	$	3,636	$	42,105	$	483	$	42,588	$	5,717

(1) Includes amounts for OneGroup, Wealth Partners and BPAS acquisitions completed in 2023.

(2) Includes amounts for OneGroup acquisitions completed in 2022.

(3) Includes amounts for TGA, FBD, and NuVantage acquisitions completed in 2021.

Schedule of loans acquired

(000s omitted)	PCD Loans
Par value of PCD loans at acquisition	$	2,184
Allowance for credit losses at acquisition		(71)
Non-credit discount at acquisition		(81)
Fair value of PCD loans at acquisition	$	2,032

Schedule of pro forma financial information

	Pro Forma (Unaudited)
	Year Ended December 31,
(000s omitted)	2022		2021
Total revenue, net of interest expense	$	687,976	$	646,375
Net income		193,417		191,450