{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-12T02:41:40.507100+00:00","company":{"ticker":"CBU","cik":723188,"company_name":"COMMUNITY FINANCIAL SYSTEM, INC."},"pagination":{"limit":100,"returned":43,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{},"facts":[{"fact_type":"shareholder_vote","fact_key":"79739bb88e26e787e0afaef5e8314a8bf9bcbaa9","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2026-05-22T21:00:27+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-20","outcome":"passed","proposal_text":"Ratification of PricewaterhouseCoopers LLP as independent auditor","proposal_type":"auditor_ratification","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"33,543","votes_against":"457,737","votes_for":"45,216,738","votes_withheld":null}]},"claim":"COMMUNITY FINANCIAL SYSTEM, INC. shareholders approved Ratification of PricewaterhouseCoopers LLP as independent auditor at the 2026-05-20 meeting.","evidence_excerpt":"The Company’s Shareholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026, as set forth below: For Against Abstain 45,216,738 457,737 33,543","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-26-065800","anchor_url":"https://secwatch.observer/filing/0001104659-26-065800#claim-79739bb88e26e787e0afaef5e8314a8bf9bcbaa9","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465926065800/0001104659-26-065800-index.htm"},{"fact_type":"shareholder_vote","fact_key":"369f570028c46e305caea8fc132a29c8ff16d293","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2026-05-22T21:00:27+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-20","outcome":"passed","proposal_text":"Advisory approval of executive compensation","proposal_type":"say_on_pay","results":[{"broker_non_votes":"5,090,737","subject":null,"votes_abstain":"197,287","votes_against":"1,367,203","votes_for":"39,052,791","votes_withheld":null}]},"claim":"COMMUNITY FINANCIAL SYSTEM, INC. shareholders approved Advisory approval of executive compensation at the 2026-05-20 meeting.","evidence_excerpt":"The Company’s Shareholders approved, on a non-binding advisory basis, the Company’s executive compensation programs, as described in the proxy statement, as set forth below: For Against Abstain Broker Non-Votes 39,052,791 1,367,203 197,287 5,090,737","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-26-065800","anchor_url":"https://secwatch.observer/filing/0001104659-26-065800#claim-369f570028c46e305caea8fc132a29c8ff16d293","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465926065800/0001104659-26-065800-index.htm"},{"fact_type":"shareholder_vote","fact_key":"b5c2efe8776ceedd3f6ed05209539ef6d7f2d63b","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2026-05-22T21:00:27+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-20","outcome":"passed","proposal_text":"Election of 12 Directors","proposal_type":"director_election","results":[{"broker_non_votes":"5,090,737","subject":"Mark J. 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MacPherson","votes_abstain":null,"votes_against":"1,457,481","votes_for":"39,110,529","votes_withheld":"49,271"},{"broker_non_votes":"5,090,737","subject":"John Parente","votes_abstain":null,"votes_against":"1,878,778","votes_for":"38,668,170","votes_withheld":"70,333"},{"broker_non_votes":"5,090,737","subject":"Raymond C. Pecor, III","votes_abstain":null,"votes_against":"1,407,958","votes_for":"39,163,485","votes_withheld":"45,838"},{"broker_non_votes":"5,090,737","subject":"Savneet Singh","votes_abstain":null,"votes_against":"318,640","votes_for":"40,220,651","votes_withheld":"77,990"},{"broker_non_votes":"5,090,737","subject":"Eric E. Stickels","votes_abstain":null,"votes_against":"1,481,480","votes_for":"39,092,718","votes_withheld":"43,083"},{"broker_non_votes":"5,090,737","subject":"Michele P. Sullivan","votes_abstain":null,"votes_against":"332,662","votes_for":"40,246,624","votes_withheld":"37,995"},{"broker_non_votes":"5,090,737","subject":"John A. Vaccaro","votes_abstain":null,"votes_against":"431,444","votes_for":"40,130,426","votes_withheld":"55,411"}]},"claim":"COMMUNITY FINANCIAL SYSTEM, INC. shareholders approved Election of 12 Directors at the 2026-05-20 meeting.","evidence_excerpt":"The Company’s Shareholders elected 12 individuals to the Board to serve one-year terms, as set forth below: Name of Director Number of Votes For Against Abstain Broker Non-Votes Mark J. Bolus 40,020,617 488,590 108,074 5,090,737 Neil E. Fesette 39,864,573 593,920 158,788 5,090,737 Brenda M. Hall 40,299,084 279,204 38,993 5,090,737 Dimitar A. Karaivanov 40,292,552 250,032 74,697 5,090,737 Jeffery J. Knauss 39,182,068 1,384,863 50,350 5,090,737 Kerrie D. MacPherson 39,110,529 1,457,481 49,271 5,090,737 John Parente 38,668,170 1,878,778 70,333 5,090,737 Raymond C. Pecor, III 39,163,485 1,407,958 45,838 5,090,737 Savneet Singh 40,220,651 318,640 77,990 5,090,737 Eric E. Stickels 39,092,718 1,481,480 43,083 5,090,737 Michele P. Sullivan 40,246,624 332,662 37,995 5,090,737 John A. Vaccaro 40,130,426 431,444 55,411 5,090,737","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-26-065800","anchor_url":"https://secwatch.observer/filing/0001104659-26-065800#claim-b5c2efe8776ceedd3f6ed05209539ef6d7f2d63b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465926065800/0001104659-26-065800-index.htm"},{"fact_type":"earnings_release","fact_key":"fad5d4c18df0b7ce730270463cfa8a0965fc1df7","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2026-04-29T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"first quarter ended March 31, 2026","report_date":"2026-04-29","result_type":"reported_results","revenue_text":null},"claim":"COMMUNITY FINANCIAL SYSTEM, INC. reported financial results for first quarter ended March 31, 2026.","evidence_excerpt":"On April 29, 2026, Community Financial System, Inc. announced its results of operations for the first quarter ended March 31, 2026.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-26-050927","anchor_url":"https://secwatch.observer/filing/0001104659-26-050927#claim-fad5d4c18df0b7ce730270463cfa8a0965fc1df7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465926050927/0001104659-26-050927-index.htm"},{"fact_type":"executive_change","fact_key":"0926cc1f2a","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2025-03-11T23:59:59+00:00","payload":{"action":"retiring","action_category":"departure","departure_tone":"retirement","effective_date":"2025-07-01","interim":false,"role":"Executive Vice President and Chief Financial Officer","role_category":"cfo","successor_name":"Marya Burgio Wlos","successor_named":true},"claim":"Joseph E. Sutaris departed as Executive Vice President and Chief Financial Officer at COMMUNITY FINANCIAL SYSTEM, INC..","evidence_excerpt":"Joseph E. Sutaris, who previously notified the Company and the Bank of his intent to retire as Executive Vice President and Chief Financial Officer, will remain with the Company and the Bank through July 1, 2025","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-25-022380","anchor_url":"https://secwatch.observer/filing/0001104659-25-022380#claim-0926cc1f2a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465925022380/0001104659-25-022380-index.htm"},{"fact_type":"executive_change","fact_key":"6079cd6d9b","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2025-03-11T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-03-31","interim":false,"role":"Executive Vice President and Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Marya Burgio Wlos was appointed as Executive Vice President and Chief Financial Officer at COMMUNITY FINANCIAL SYSTEM, INC..","evidence_excerpt":"announced the appointment of Marya Burgio Wlos as Executive Vice President and Chief Financial Officer of the Company and the Bank, effective as of March 31, 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-25-022380","anchor_url":"https://secwatch.observer/filing/0001104659-25-022380#claim-6079cd6d9b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465925022380/0001104659-25-022380-index.htm"},{"fact_type":"executive_change","fact_key":"0509fb793e","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2025-02-14T23:59:59+00:00","payload":{"action":"retired","action_category":"departure","departure_tone":"retirement","effective_date":null,"interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Susan E. Skerritt retired as Director at COMMUNITY FINANCIAL SYSTEM, INC..","evidence_excerpt":"On February 13, 2025, Susan E. Skerritt, a member of the Board of Directors (the “Board”) of Community Financial System, Inc. (the “Company”) notified the Company that she will not stand for re-election at the Company’s 2025 Annual Meeting of Shareholders (the “2025 Annual Meeting”) and will retire from the Board, effective immediately following the 2025 Annual Meeting.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-25-014186","anchor_url":"https://secwatch.observer/filing/0001104659-25-014186#claim-0509fb793e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465925014186/0001104659-25-014186-index.htm"},{"fact_type":"executive_change","fact_key":"d7c2e08781","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2024-11-12T23:59:59+00:00","payload":{"action":"retire","action_category":"departure","departure_tone":"retirement","effective_date":null,"interim":false,"role":"Executive Vice President and Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Joseph E. Sutaris departed as Executive Vice President and Chief Financial Officer at COMMUNITY FINANCIAL SYSTEM, INC..","evidence_excerpt":"On November 7, 2024, Joseph E. Sutaris notified Community Financial System, Inc. (the “Company”) of his intention to retire, effective in or around the third quarter of 2025, from his position as the Executive Vice President (“EVP”) and Chief Financial Officer of the Company","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-24-116940","anchor_url":"https://secwatch.observer/filing/0001104659-24-116940#claim-d7c2e08781","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465924116940/0001104659-24-116940-index.htm"},{"fact_type":"executive_change","fact_key":"eb45f204bd","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2024-09-30T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-09-30","interim":false,"role":"Senior Vice President and Chief Accounting Officer","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"Deresa F. Durkee was appointed as Senior Vice President and Chief Accounting Officer at COMMUNITY FINANCIAL SYSTEM, INC..","evidence_excerpt":"On September 30, 2024, Community Financial System, Inc. (the “Company”) and its wholly owned banking subsidiary, Community Bank, N.A. (the “Bank”), appointed Deresa F. Durkee as Senior Vice President (“SVP”) and Chief Accounting Officer, effective immediately.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-24-103952","anchor_url":"https://secwatch.observer/filing/0001104659-24-103952#claim-eb45f204bd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465924103952/0001104659-24-103952-index.htm"},{"fact_type":"executive_change","fact_key":"443dbeca7e","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2024-09-26T23:59:59+00:00","payload":{"action":"elected","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-10-01","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Savneet Singh was elected as Director at COMMUNITY FINANCIAL SYSTEM, INC..","evidence_excerpt":"On September 25, 2024, Community Financial System, Inc.’s (the “Company”) Board of Directors (the “Board”) elected Savneet Singh as a new independent director, effective as of October 1, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-24-103192","anchor_url":"https://secwatch.observer/filing/0001104659-24-103192#claim-443dbeca7e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465924103192/0001104659-24-103192-index.htm"},{"fact_type":"shareholder_vote","fact_key":"114d21451a72f2c97da6a12cf49ed07f6b80a5e3","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2024-05-17T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-05-15","outcome":"passed","proposal_text":"Ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm for 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39,187","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-24-063079","anchor_url":"https://secwatch.observer/filing/0001104659-24-063079#claim-114d21451a72f2c97da6a12cf49ed07f6b80a5e3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465924063079/0001104659-24-063079-index.htm"},{"fact_type":"shareholder_vote","fact_key":"b4c99185c4182a29c9b3c955a310858929f9f6d4","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2024-05-17T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-05-15","outcome":"passed","proposal_text":"Amendment to 2022 Long-Term Incentive Plan to increase authorized shares by 1,100,000","proposal_type":"equity_plan","results":[{"broker_non_votes":"4,848,587","subject":null,"votes_abstain":"362,512","votes_against":"1,096,992","votes_for":"39,550,983","votes_withheld":null}]},"claim":"COMMUNITY FINANCIAL SYSTEM, INC. shareholders approved Amendment to 2022 Long-Term Incentive Plan to increase authorized shares by 1,100,000 at the 2024-05-15 meeting.","evidence_excerpt":"The Company’s Shareholders approved an amendment to the Company's 2022 Long-Term Incentive Plan, as amended, to increase the number of authorized shares by 1,100,000, as set forth below: For Against Abstain Broker Non-Votes 39,550,983 1,096,992 362,512 4,848,587","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-24-063079","anchor_url":"https://secwatch.observer/filing/0001104659-24-063079#claim-b4c99185c4182a29c9b3c955a310858929f9f6d4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465924063079/0001104659-24-063079-index.htm"},{"fact_type":"shareholder_vote","fact_key":"6d5f9b63d47269d3c9646d623c3109543e990ccc","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, 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4,848,587","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-24-063079","anchor_url":"https://secwatch.observer/filing/0001104659-24-063079#claim-6d5f9b63d47269d3c9646d623c3109543e990ccc","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465924063079/0001104659-24-063079-index.htm"},{"fact_type":"shareholder_vote","fact_key":"744643a00904e846b4c5518139cd9f4ae2b0d31f","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2024-05-17T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-05-15","outcome":"passed","proposal_text":"Election of 12 Directors for one-year terms","proposal_type":"director_election","results":[{"broker_non_votes":"4,848,587","subject":"Mark J. 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Whipple, Jr.","votes_abstain":null,"votes_against":"1,826,816","votes_for":"38,712,368","votes_withheld":"471,303"}]},"claim":"COMMUNITY FINANCIAL SYSTEM, INC. shareholders approved Election of 12 Directors for one-year terms at the 2024-05-15 meeting.","evidence_excerpt":"The Company’s Shareholders elected 12 individuals to the Board to serve one-year terms, as set forth below: Name of Director Number of Votes For Against Abstain Broker Non-Votes Mark J. Bolus 40,049,359 531,375 429,753 4,848,587 Neil E. Fesette 40,236,493 344,891 429,103 4,848,587 Dimitar A. Karaivanov 40,302,056 286,430 422,001 4,848,587 Jeffery J. Knauss 40,325,690 476,670 208,127 4,848,587 Kerrie D. MacPherson 40,148,973 644,595 216,919 4,848,587 John Parente 40,146,757 436,143 427,587 4,848,587 Raymond C. Pecor, III 40,359,197 437,203 214,087 4,848,587 Susan E. Skerritt 40,160,602 636,739 213,146 4,848,587 Sally A. Steele 39,892,679 683,107 434,701 4,848,587 Eric E. Stickels 40,405,876 380,682 223,929 4,848,587 Michele P. Sullivan 40,264,183 531,334 214,970 4,848,587 John F. Whipple, Jr. 38,712,368 1,826,816 471,303 4,848,587","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-24-063079","anchor_url":"https://secwatch.observer/filing/0001104659-24-063079#claim-744643a00904e846b4c5518139cd9f4ae2b0d31f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465924063079/0001104659-24-063079-index.htm"},{"fact_type":"governance_change","fact_key":"62b2d05e6636e979ea3cb33867319b70af52e475","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2024-05-16T23:59:59+00:00","payload":{"change_type":"bylaw_amendment","effective_date":"2024-05-15","item_codes_triggered":["5.03"],"summary_text":"Amended and restated bylaws to reflect name change, update shareholder nomination procedures per universal proxy rules, modify shareholder list availability, and add emergency bylaw provision"},"claim":"COMMUNITY FINANCIAL SYSTEM, INC.: Amended and restated bylaws to reflect name change, update shareholder nomination procedures per universal proxy rules, modify shareholder list availability, and add emergency bylaw provision (effective 2024-05-15).","evidence_excerpt":"the Board of Directors of the Company (the “Board”) amended and restated the Company’s Amended and Restated Bylaws, effective as of the filing of the Amended and Restated Certificate of Incorporation, to reflect the Name Change and make certain other updates.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-24-062598","anchor_url":"https://secwatch.observer/filing/0001104659-24-062598#claim-62b2d05e6636e979ea3cb33867319b70af52e475","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465924062598/0001104659-24-062598-index.htm"},{"fact_type":"governance_change","fact_key":"7baaf32de9da564f02022fada345b651882ed506","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2024-05-16T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2024-05-15","item_codes_triggered":["5.03"],"summary_text":"Changed corporate name from Community Bank System, Inc. to Community Financial System, Inc. via Amended and Restated Certificate of Incorporation"},"claim":"COMMUNITY FINANCIAL SYSTEM, INC.: Changed corporate name from Community Bank System, Inc. to Community Financial System, Inc. via Amended and Restated Certificate of Incorporation (effective 2024-05-15).","evidence_excerpt":"On May 15, 2024, Community Bank System, Inc. (the “Company”) changed its corporate name to Community Financial System, Inc., pursuant to an Amended and Restated Certificate of Incorporation filed with the Delaware Secretary of State on May 15, 2024 (the “Name Change”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-24-062598","anchor_url":"https://secwatch.observer/filing/0001104659-24-062598#claim-7baaf32de9da564f02022fada345b651882ed506","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465924062598/0001104659-24-062598-index.htm"},{"fact_type":"earnings_release","fact_key":"8a1a18d8cac3f3e8f8019686abc8f544701a6ef4","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2024-04-23T23:59:59+00:00","payload":{"eps_text":"$0.76 per fully diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$40.9 million","period_text":"first quarter 2024","report_date":"2024-04-23","result_type":"reported_results","revenue_text":"$177.3 million"},"claim":"COMMUNITY FINANCIAL SYSTEM, INC. reported first quarter 2024 results: revenue $177.3 million, net income $40.9 million, EPS $0.76 per fully diluted share.","evidence_excerpt":"First Quarter 2024 Performance Summary · Net income of $40.9 million, or $0.76 per fully diluted share, increased $35.1 million, or $0.65 per fully diluted share, from the prior year’s first quarter and increased $7.2 million, or $0.13 per fully diluted share, from the fourth quarter of 2023 · Operating net income, a non-GAAP measure that excludes the after-tax effects of acquisition expenses, acquisition-related contingent consideration adjustments, restructuring expenses, litigation accrual, gain on debt extinguishment, loss on sales of investment securities, unrealized gain (loss) on equity securities and amortization of intangible assets from net income, of $43.8 million, or $0.82 per fully diluted share, decreased $5.9 million, or $0.10 per fully diluted share, from the prior year’s first quarter and was consistent with the fourth quarter of 2023 · Total revenues of $177.3 million, a new quarterly record for the Company, increased $52.8 million, or 42.4%, from the prior year’s fir","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-24-050410","anchor_url":"https://secwatch.observer/filing/0001104659-24-050410#claim-8a1a18d8cac3f3e8f8019686abc8f544701a6ef4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465924050410/0001104659-24-050410-index.htm"},{"fact_type":"earnings_release","fact_key":"0f0c35db685c28297961cb482dae9c95dbe8ce1a","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2024-02-09T23:59:59+00:00","payload":{"eps_text":"$0.63 and $2.45 for the fourth quarter of 2023 and full year 2023, respectively","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$33.7 million and $131.9 million for the fourth quarter of 2023 and full year 2023, respectively","period_text":"the fiscal year and fourth quarter ended December 31, 2023","report_date":"2024-01-23","result_type":"reported_results","revenue_text":null},"claim":"COMMUNITY FINANCIAL SYSTEM, INC. reported the fiscal year and fourth quarter ended December 31, 2023 results: net income $33.7 million and $131.9 million for the fourth quarter of 2023 and full year 2023, respectively, EPS $0.63 and $2.45 for the fourth quarter of 2023 and full year 2023, respectively.","evidence_excerpt":"On January 23, 2024, the Company announced financial results for the fiscal year and fourth quarter ended December 31, 2023.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-24-013434","anchor_url":"https://secwatch.observer/filing/0001104659-24-013434#claim-0f0c35db685c28297961cb482dae9c95dbe8ce1a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465924013434/0001104659-24-013434-index.htm"},{"fact_type":"earnings_release","fact_key":"3a26cae25a6147f8059772c0f54c7fd9c00caf21","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2024-01-23T23:59:59+00:00","payload":{"eps_text":"$2.53 per fully diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$136.5 million","period_text":"full year ended December 31, 2023","report_date":"2024-01-23","result_type":"reported_results","revenue_text":null},"claim":"COMMUNITY FINANCIAL SYSTEM, INC. reported full year ended December 31, 2023 results: net income $136.5 million, EPS $2.53 per fully diluted share.","evidence_excerpt":"Community Bank System, Inc. (the “Company”) (NYSE: CBU) reported fourth quarter 2023 net income of $38.3 million, or $0.71 per fully diluted share and full year 2023 net income of $136.5 million, or $2.53 per fully diluted share.","confidence":0.97,"filing_url":"https://secwatch.observer/filing/0001104659-24-005762","anchor_url":"https://secwatch.observer/filing/0001104659-24-005762#claim-3a26cae25a6147f8059772c0f54c7fd9c00caf21","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465924005762/0001104659-24-005762-index.htm"},{"fact_type":"earnings_release","fact_key":"36ec70bf15f40e5c91ce5d5775c34a7e71d7a385","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2024-01-23T23:59:59+00:00","payload":{"eps_text":"$0.71 per fully diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$38.3 million","period_text":"fourth quarter ended December 31, 2023","report_date":"2024-01-23","result_type":"reported_results","revenue_text":"$177.0 million"},"claim":"COMMUNITY FINANCIAL SYSTEM, INC. reported fourth quarter ended December 31, 2023 results: revenue $177.0 million, net income $38.3 million, EPS $0.71 per fully diluted share.","evidence_excerpt":"of $181.3 million,\n or $3.36 per fully diluted share, was down $13.6 million, or $0.22 per fully diluted share,\n from full year 2022 · Total\n revenues for fourth quarter 2023 of $177.0 million, a new quarterly record for the Company,\n were up $1.0 million, or 0.6%, from the prior year’s fourth quarter and up $1.6 million,\n or 0.9%, from third quarter 2023 · Total","confidence":0.97,"filing_url":"https://secwatch.observer/filing/0001104659-24-005762","anchor_url":"https://secwatch.observer/filing/0001104659-24-005762#claim-36ec70bf15f40e5c91ce5d5775c34a7e71d7a385","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465924005762/0001104659-24-005762-index.htm"},{"fact_type":"executive_change","fact_key":"1180ba1df0","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2024-01-19T23:59:59+00:00","payload":{"action":"elected","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-02-01","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Michele Sullivan was elected as Director at COMMUNITY FINANCIAL SYSTEM, INC..","evidence_excerpt":"elected Michele Sullivan as a new independent director, effective as of February 1, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-24-005264","anchor_url":"https://secwatch.observer/filing/0001104659-24-005264#claim-1180ba1df0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465924005264/0001104659-24-005264-index.htm"},{"fact_type":"executive_change","fact_key":"ab73755f02","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2024-01-05T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-01-01","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Dimitar A. Karaivanov was appointed as Director at COMMUNITY FINANCIAL SYSTEM, INC..","evidence_excerpt":"As previously announced, Mr. Karaivanov was appointed to serve as a Director of the Company and the Bank, effective January 1, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-24-001873","anchor_url":"https://secwatch.observer/filing/0001104659-24-001873#claim-ab73755f02","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465924001873/0001104659-24-001873-index.htm"},{"fact_type":"executive_change","fact_key":"517e0d95a8","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2024-01-05T23:59:59+00:00","payload":{"action":"appointed","action_category":"role_change","departure_tone":"not_applicable","effective_date":"2024-01-01","interim":false,"role":"President and Chief Executive Officer","role_category":"ceo","successor_name":null,"successor_named":false},"claim":"Dimitar A. Karaivanov was appointed as President and Chief Executive Officer at COMMUNITY FINANCIAL SYSTEM, INC..","evidence_excerpt":"On January 1, 2024, Dimitar A. Karaivanov, the Company’s Executive Vice President and Chief Operating Officer (“COO”), was appointed as the Company’s and the Bank’s President and Chief Executive Officer.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-24-001873","anchor_url":"https://secwatch.observer/filing/0001104659-24-001873#claim-517e0d95a8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465924001873/0001104659-24-001873-index.htm"},{"fact_type":"executive_change","fact_key":"e46bbc4cd4","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2024-01-05T23:59:59+00:00","payload":{"action":"retired","action_category":"departure","departure_tone":"retirement","effective_date":"2023-12-31","interim":false,"role":"President and Chief Executive Officer","role_category":"ceo","successor_name":"Dimitar A. Karaivanov","successor_named":true},"claim":"Mark E. Tryniski retired as President and Chief Executive Officer at COMMUNITY FINANCIAL SYSTEM, INC..","evidence_excerpt":"Consistent with the previously announced succession plan, on December 31, 2023, Mark E. Tryniski, the President and Chief Executive Officer of Community Bank System, Inc. (the “Company”) and its wholly-owned subsidiary, Community Bank, N.A. (the “Bank”) retired as an executive officer of the Company and the Bank.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-24-001873","anchor_url":"https://secwatch.observer/filing/0001104659-24-001873#claim-e46bbc4cd4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465924001873/0001104659-24-001873-index.htm"},{"fact_type":"executive_change","fact_key":"73fb5059f6","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2023-12-22T23:59:59+00:00","payload":{"action":"assume the role","action_category":"role_change","departure_tone":"not_applicable","effective_date":"2024-01-01","interim":false,"role":"President and Chief Executive Officer","role_category":"ceo","successor_name":null,"successor_named":false},"claim":"Dimitar Karaivanov changed role as President and Chief Executive Officer at COMMUNITY FINANCIAL SYSTEM, INC..","evidence_excerpt":"Mr. Karaivanov’s election to the Board is part of the previously announced succession plan in which Mr. Karaivanov will assume the role of President and Chief Executive Officer of the Company and the Bank effective as of January 1, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-23-128869","anchor_url":"https://secwatch.observer/filing/0001104659-23-128869#claim-73fb5059f6","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465923128869/0001104659-23-128869-index.htm"},{"fact_type":"executive_change","fact_key":"adc77724b0","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2023-12-22T23:59:59+00:00","payload":{"action":"elected","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-01-01","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Dimitar Karaivanov was elected as Director at COMMUNITY FINANCIAL SYSTEM, INC..","evidence_excerpt":"elected Dimitar Karaivanov, the Company’s Executive Vice President and Chief Operating Officer (“COO”), to serve as a Director of the Company and its wholly-owned subsidiary, Community Bank, N.A. (the “Bank”), effective as of January 1, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-23-128869","anchor_url":"https://secwatch.observer/filing/0001104659-23-128869#claim-adc77724b0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465923128869/0001104659-23-128869-index.htm"},{"fact_type":"earnings_release","fact_key":"70978e317d15520dd6307c8e64e1d0d0d26f6bce","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2023-10-24T23:59:59+00:00","payload":{"eps_text":"$0.82 per fully diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$44.1 million","period_text":"third quarter 2023","report_date":"2023-10-24","result_type":"reported_results","revenue_text":null},"claim":"COMMUNITY FINANCIAL SYSTEM, INC. reported third quarter 2023 results: net income $44.1 million, EPS $0.82 per fully diluted share.","evidence_excerpt":"Community Bank System, Inc. (the \"Company\") (NYSE: CBU) reported third quarter 2023 results that are included in the attached supplement.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-23-110973","anchor_url":"https://secwatch.observer/filing/0001104659-23-110973#claim-70978e317d15520dd6307c8e64e1d0d0d26f6bce","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465923110973/0001104659-23-110973-index.htm"},{"fact_type":"earnings_release","fact_key":"64e96332f6b73b16bde87ec3dd1142e2360aca60","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2023-07-31T23:59:59+00:00","payload":{"eps_text":"$0.89 per fully-diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$48.3 million","period_text":"the quarter ended June 30, 2023","report_date":"2023-07-31","result_type":"reported_results","revenue_text":"$175.3 million"},"claim":"COMMUNITY FINANCIAL SYSTEM, INC. reported the quarter ended June 30, 2023 results: revenue $175.3 million, net income $48.3 million, EPS $0.89 per fully-diluted share.","evidence_excerpt":"businesses\ncontributed $48.3 million in revenues in the second quarter, which represents 73.2% of total noninterest revenues of $66.0 million and\n27.5% of total revenues of $175.3 million. Asset quality remained strong as annualized net charge-offs were only three basis points in\nthe quarter. Total operating expenses, which excludes acquisition-related expenses,","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-23-085628","anchor_url":"https://secwatch.observer/filing/0001104659-23-085628#claim-64e96332f6b73b16bde87ec3dd1142e2360aca60","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465923085628/0001104659-23-085628-index.htm"},{"fact_type":"executive_change","fact_key":"92bd314b11","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2023-07-05T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-01-01","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Dimitar A. Karaivanov was appointed as Director at COMMUNITY FINANCIAL SYSTEM, INC..","evidence_excerpt":"the Board will expand to 13 Directors and appoint Mr. Karaivanov as a Director of the Company and the Bank effective as of January 1, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-23-078194","anchor_url":"https://secwatch.observer/filing/0001104659-23-078194#claim-92bd314b11","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465923078194/0001104659-23-078194-index.htm"},{"fact_type":"executive_change","fact_key":"49e1a726b0","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2023-07-05T23:59:59+00:00","payload":{"action":"selected","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-01-01","interim":false,"role":"President and Chief Executive Officer","role_category":"ceo","successor_name":null,"successor_named":false},"claim":"Dimitar A. Karaivanov was appointed as President and Chief Executive Officer at COMMUNITY FINANCIAL SYSTEM, INC..","evidence_excerpt":"The Board of Directors (the “Board”) has selected Dimitar A. Karaivanov, the Company’s Executive Vice President and Chief Operating Officer (“COO”), to succeed Mr. Tryniski effective as of January 1, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-23-078194","anchor_url":"https://secwatch.observer/filing/0001104659-23-078194#claim-49e1a726b0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465923078194/0001104659-23-078194-index.htm"},{"fact_type":"executive_change","fact_key":"e53072ec95","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2023-07-05T23:59:59+00:00","payload":{"action":"retire","action_category":"departure","departure_tone":"retirement","effective_date":"2023-12-31","interim":false,"role":"President and Chief Executive Officer","role_category":"ceo","successor_name":"Dimitar A. Karaivanov","successor_named":true},"claim":"Mark E. Tryniski departed as President and Chief Executive Officer at COMMUNITY FINANCIAL SYSTEM, INC..","evidence_excerpt":"Mark E. Tryniski will retire as the Company’s President and Chief Executive Officer (“CEO”) effective as of December 31, 2023.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-23-078194","anchor_url":"https://secwatch.observer/filing/0001104659-23-078194#claim-e53072ec95","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465923078194/0001104659-23-078194-index.htm"},{"fact_type":"shareholder_vote","fact_key":"3707373bb218d8c01c2201347fb51928563398f1","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2023-05-19T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-17","outcome":"passed","proposal_text":"Ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm for 2023","proposal_type":"auditor_ratification","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"130,729","votes_against":"580,384","votes_for":"45,353,575","votes_withheld":null}]},"claim":"COMMUNITY FINANCIAL SYSTEM, INC. shareholders approved Ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm for 2023 at the 2023-05-17 meeting.","evidence_excerpt":"The Company's Shareholders ratified the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023, as set forth below: For Against Abstain 45,353,575 580,384 130,729","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-23-062741","anchor_url":"https://secwatch.observer/filing/0001104659-23-062741#claim-3707373bb218d8c01c2201347fb51928563398f1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465923062741/0001104659-23-062741-index.htm"},{"fact_type":"shareholder_vote","fact_key":"9a5205d68faeee563cde53ae6746e654131ba873","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2023-05-19T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-17","outcome":"passed","proposal_text":"Advisory vote on frequency of say-on-pay votes (annual)","proposal_type":"say_on_pay_frequency","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"234,633","votes_against":null,"votes_for":"39,722,376","votes_withheld":null}]},"claim":"COMMUNITY FINANCIAL SYSTEM, INC. shareholders approved Advisory vote on frequency of say-on-pay votes (annual) at the 2023-05-17 meeting.","evidence_excerpt":"A majority of the votes cast by the Company's Shareholders at the Annual Meeting voted, on a non-binding advisory basis, to hold future say-on-pay votes every year, as set forth below: One Year Two Years Three Years Abstain 39,722,376 114,528 1,305,618 234,633","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-23-062741","anchor_url":"https://secwatch.observer/filing/0001104659-23-062741#claim-9a5205d68faeee563cde53ae6746e654131ba873","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465923062741/0001104659-23-062741-index.htm"},{"fact_type":"shareholder_vote","fact_key":"0888108f3149ec7ab75dab57fb73f5a5351fc33b","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2023-05-19T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-17","outcome":"passed","proposal_text":"Advisory approval of executive compensation","proposal_type":"say_on_pay","results":[{"broker_non_votes":"4,687,533","subject":null,"votes_abstain":"134,612","votes_against":"7,353,391","votes_for":"33,889,152","votes_withheld":null}]},"claim":"COMMUNITY FINANCIAL SYSTEM, INC. shareholders approved Advisory approval of executive compensation at the 2023-05-17 meeting.","evidence_excerpt":"The Company's Shareholders approved, on a non-binding advisory basis, the Company's executive compensation programs, as described in the proxy statement, as set forth below: For Against Abstain Broker Non-Votes 33,889,152 7,353,391 134,612 4,687,533","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-23-062741","anchor_url":"https://secwatch.observer/filing/0001104659-23-062741#claim-0888108f3149ec7ab75dab57fb73f5a5351fc33b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465923062741/0001104659-23-062741-index.htm"},{"fact_type":"shareholder_vote","fact_key":"9522ab6755366adf2004e2cad22aa913fdf661a6","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2023-05-19T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-17","outcome":"passed","proposal_text":"Election of 12 directors for a one-year term","proposal_type":"director_election","results":[{"broker_non_votes":"4,687,533","subject":"Brian R. Ace","votes_abstain":"212,499","votes_against":"2,419,330","votes_for":"38,745,326","votes_withheld":null},{"broker_non_votes":"4,687,533","subject":"Mark J. Bolus","votes_abstain":"411,163","votes_against":"803,530","votes_for":"40,162,462","votes_withheld":null},{"broker_non_votes":"4,687,533","subject":"Neil E. Fesette","votes_abstain":"213,853","votes_against":"1,748,212","votes_for":"39,415,090","votes_withheld":null},{"broker_non_votes":"4,687,533","subject":"Jeffery J. Knauss","votes_abstain":"284,276","votes_against":"1,641,221","votes_for":"39,451,658","votes_withheld":null},{"broker_non_votes":"4,687,533","subject":"Kerrie D. MacPherson","votes_abstain":"273,519","votes_against":"405,171","votes_for":"40,698,465","votes_withheld":null},{"broker_non_votes":"4,687,533","subject":"John Parente","votes_abstain":"433,687","votes_against":"366,864","votes_for":"40,576,604","votes_withheld":null},{"broker_non_votes":"4,687,533","subject":"Raymond C. Pecor, III","votes_abstain":"192,137","votes_against":"521,572","votes_for":"40,663,446","votes_withheld":null},{"broker_non_votes":"4,687,533","subject":"Susan E. Skerritt","votes_abstain":"212,224","votes_against":"610,811","votes_for":"40,554,120","votes_withheld":null},{"broker_non_votes":"4,687,533","subject":"Sally A. Steele","votes_abstain":"275,978","votes_against":"1,672,989","votes_for":"39,428,188","votes_withheld":null},{"broker_non_votes":"4,687,533","subject":"Eric E. Stickels","votes_abstain":"226,683","votes_against":"1,289,126","votes_for":"39,861,346","votes_withheld":null},{"broker_non_votes":"4,687,533","subject":"Mark E. Tryniski","votes_abstain":"390,466","votes_against":"354,163","votes_for":"40,632,526","votes_withheld":null},{"broker_non_votes":"4,687,533","subject":"John F. Whipple, Jr.","votes_abstain":"231,656","votes_against":"8,867,189","votes_for":"32,278,310","votes_withheld":null}]},"claim":"COMMUNITY FINANCIAL SYSTEM, INC. shareholders approved Election of 12 directors for a one-year term at the 2023-05-17 meeting.","evidence_excerpt":"On May 17, 2023, Community Bank System, Inc. (the \"Company\") held its Annual Shareholders Meeting in Verona, New York. At the Annual Meeting, the Company's Shareholders (i) elected 12 directors, each for a one-year term, (ii) approved on an advisory basis the Company's executive compensation as set forth in the proxy statement, (iii) approved on an advisory basis that the frequency of the executive compensation vote should be annual, and (iv) ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm of the Company for the year ending December 31, 2023.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-23-062741","anchor_url":"https://secwatch.observer/filing/0001104659-23-062741#claim-9522ab6755366adf2004e2cad22aa913fdf661a6","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465923062741/0001104659-23-062741-index.htm"},{"fact_type":"earnings_release","fact_key":"7405c03c9c2090c3de0919342bce940baf7607e5","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2023-04-25T23:59:59+00:00","payload":{"eps_text":"$0.11","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$5.8 million","period_text":"First Quarter 2023","report_date":"2023-04-25","result_type":"reported_results","revenue_text":null},"claim":"COMMUNITY FINANCIAL SYSTEM, INC. reported First Quarter 2023 results: net income $5.8 million, EPS $0.11.","evidence_excerpt":"Community Bank System, Inc. (the “Company”) (NYSE: CBU) reported first quarter 2023 net income of $5.8 million, or $0.11 per fully-diluted share.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001104659-23-049397","anchor_url":"https://secwatch.observer/filing/0001104659-23-049397#claim-7405c03c9c2090c3de0919342bce940baf7607e5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465923049397/0001104659-23-049397-index.htm"},{"fact_type":"earnings_release","fact_key":"2dc8efa570c5aa99272a008775eefa417931d7b0","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2023-01-24T23:59:59+00:00","payload":{"eps_text":"$3.46 per share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"full year 2022","report_date":"2023-01-24","result_type":"reported_results","revenue_text":null},"claim":"COMMUNITY FINANCIAL SYSTEM, INC. reported full year 2022 results: EPS $3.46 per share.","evidence_excerpt":"Full year 2022 diluted earnings per share was $3.46","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-23-006029","anchor_url":"https://secwatch.observer/filing/0001104659-23-006029#claim-2dc8efa570c5aa99272a008775eefa417931d7b0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465923006029/0001104659-23-006029-index.htm"},{"fact_type":"earnings_release","fact_key":"d95b7ca73c1c275d30185183adb7d699bcc4d4dd","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2023-01-24T23:59:59+00:00","payload":{"eps_text":"$0.97 per fully-diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$52.5 million","period_text":"the quarter ended December 31, 2022","report_date":"2023-01-24","result_type":"reported_results","revenue_text":null},"claim":"COMMUNITY FINANCIAL SYSTEM, INC. reported the quarter ended December 31, 2022 results: net income $52.5 million, EPS $0.97 per fully-diluted share.","evidence_excerpt":"fourth quarter 2022 net income of $52.5 million, or $0.97 per fully-diluted share","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-23-006029","anchor_url":"https://secwatch.observer/filing/0001104659-23-006029#claim-d95b7ca73c1c275d30185183adb7d699bcc4d4dd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465923006029/0001104659-23-006029-index.htm"},{"fact_type":"governance_change","fact_key":"15058fd17618c3f0eb96a69ce1086b941e6ccb57","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2022-12-19T23:59:59+00:00","payload":{"change_type":"bylaw_amendment","effective_date":"2022-12-14","item_codes_triggered":["5.03"],"summary_text":"修改公司章程第2.18节，将董事强制退休时间从达到70岁的当年12月31日改为达到70岁后的第一次年度股东大会时生效。"},"claim":"COMMUNITY FINANCIAL SYSTEM, INC.: 修改公司章程第2.18节，将董事强制退休时间从达到70岁的当年12月31日改为达到70岁后的第一次年度股东大会时生效。 (effective 2022-12-14).","evidence_excerpt":"On December 14, 2022, Community Bank System, Inc.’s (the “Company”) Board of Directors (the “Board”) approved, effective immediately, an amendment to Section 2.18 of the Company’s Bylaws to change the timing of mandatory retirement of directors so that it is effective at the first annual meeting of Shareholders following the end of the calendar year in which the director attains 70.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-22-128322","anchor_url":"https://secwatch.observer/filing/0001104659-22-128322#claim-15058fd17618c3f0eb96a69ce1086b941e6ccb57","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465922128322/0001104659-22-128322-index.htm"},{"fact_type":"executive_change","fact_key":"2292f96a52","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, 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2022.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-22-095181","anchor_url":"https://secwatch.observer/filing/0001104659-22-095181#claim-2292f96a52","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465922095181/0001104659-22-095181-index.htm"},{"fact_type":"executive_change","fact_key":"f7a8403627","cik":723188,"ticker":"CBU","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2022-08-26T23:59:59+00:00","payload":{"action":"retired","action_category":"departure","departure_tone":"retirement","effective_date":"2022-09-30","interim":false,"role":"President, Retail Banking","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"Joseph F. Serbun retired as President, Retail Banking at COMMUNITY FINANCIAL SYSTEM, INC..","evidence_excerpt":"On August 25, 2022, Community Bank System, Inc. (the “Company”) and its wholly-owned subsidiary, Community Bank, N.A. (the “Bank”), announced that that Joseph F. 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