{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-110973","form_type":"8-K","ticker":"CBU","cik":"0000723188","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2023-10-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.824556+00:00","generated_at":"2026-06-09T15:10:11.337791+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"CBU Q3 net income falls to $44.1M ($0.82 EPS) from $48.7M YoY; loans up 3% QoQ","bullets":["GAAP net income $44.1M ($0.82 diluted EPS) vs. $48.7M ($0.90) a year ago; operating net income $44.2M ($0.82).","Total ending loans $9.45B, up $279M (+3.0%) from prior quarter, ninth consecutive quarter of loan growth.","Total deposits $13.03B, up $159M (+1.2%) from prior quarter and flat vs. Dec. 2022.","Financial Services revenue $50.0M, a quarterly record, up $3.3M (+7.1%) YoY.","Annualized net charge-offs 0.05%; Tier 1 Leverage ratio 9.44%, up 9 bps from prior quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-110973","json":"https://secwatch.observer/filing/0001104659-23-110973.json","markdown":"https://secwatch.observer/filing/0001104659-23-110973.md","text":"https://secwatch.observer/filing/0001104659-23-110973.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723188/000110465923110973/0001104659-23-110973-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723188/000110465923110973/tm2329006d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T15:10:11.337791+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":"70978e317d15520dd6307c8e64e1d0d0d26f6bce","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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465923110973/0001104659-23-110973-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2023"},{"label":"Net income","value":"$44.1 million"},{"label":"EPS","value":"$0.82 per fully diluted share"},{"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"}