COMMUNITY BANK SYSTEM INC
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 29, 2024
CBU$64.88-1.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
| PART I | | Page |
|---|---|---|
| Item 1 | Business | 3 |
| Item 1A | Risk Factors | 15 |
| Item 1B | Unresolved Staff Comments | 26 |
| Item 1C | Cybersecurity | 26 |
| Item 2 | Properties | 29 |
| Item 3 | Legal Proceedings | 29 |
| Item 4 | Mine Safety Disclosures | 29 |
| | | |
| PART II | | |
| Item 5 | Market for the Registrant’s Common Equity, Related Stockholders Matters and Issuer Purchases of Equity Securities | 29 |
| Item 6 | [Reserved] | 32 |
| Item 7 | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 32 |
| Item 7A | Quantitative and Qualitative Disclosures about Market Risk | 77 |
| Item 8 | Financial Statements and Supplementary Data: | 78 |
| | Consolidated Statements of Condition | 79 |
| | Consolidated Statements of Income | 80 |
| | Consolidated Statements of Comprehensive Income (Loss) | 81 |
| | Consolidated Statements of Changes in Shareholders’ Equity | 82 |
| | Consolidated Statements of Cash Flows | 83 |
| | Notes to Consolidated Financial Statements | 84 |
| | Report on Internal Control over Financial Reporting | 145 |
| | Report of Independent Registered Public Accounting Firm | 146 |
| Item 9 | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure | 148 |
| Item 9A | Controls and Procedures | 148 |
| Item 9B | Other Information | 148 |
| Item 9C | Disclosure Regarding Foreign Jurisdictions that Prevent Inspections | 148 |
| | | |
| PART III | | |
| Item 10 | Directors, Executive Officers and Corporate Governance | 149 |
| Item 11 | Executive Compensation | 149 |
| Item 12 | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | 149 |
| Item 13 | Certain Relationships and Related Transactions, and Director Independence | 149 |
| Item 14 | Principal Accounting Fees and Services | 149 |
| | ||
| PART IV | | |
| Item 15 | Exhibits, Financial Statement Schedules | 149 |
| | Signatures | 155 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.