{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-049397","form_type":"8-K","ticker":"CBU","cik":"0000723188","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.066368+00:00","generated_at":"2026-06-16T17:29:18.227725+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Community Bank System Q1 net income $5.8M ($0.11 EPS) vs $47.1M ($0.86) YoY; operating EPS $0.86","bullets":["GAAP EPS $0.11, down from $0.86; includes $52.3M pre-tax loss on sale of AFS securities ($0.75/share hit).","Operating EPS (non-GAAP) $0.86, down $0.01 from Q1 2022.","Net interest margin 3.20%, up 47 bps YoY; total deposits +$98M (0.8%) from Dec 2022.","Provision for credit losses $3.5M vs $0.9M in Q1 2022 on weaker economic outlook.","Total liquidity $4.69B, over double uninsured deposits; loan growth $172.9M (2.0%) linked quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-049397","json":"https://secwatch.observer/filing/0001104659-23-049397.json","markdown":"https://secwatch.observer/filing/0001104659-23-049397.md","text":"https://secwatch.observer/filing/0001104659-23-049397.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723188/000110465923049397/0001104659-23-049397-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723188/000110465923049397/tm2313624d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T17:29:18.227725+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7405c03c9c2090c3de0919342bce940baf7607e5","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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465923049397/0001104659-23-049397-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"First Quarter 2023"},{"label":"Net income","value":"$5.8 million"},{"label":"EPS","value":"$0.11"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}