Community Bank System, Inc. (CBU) financial statements (2022 and earlier)

Company profile

Business Address 5790 WIDEWATERS PKWY
DEWITT, NY 13214
State of Incorp. DE
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,8762,3232,2062,1521,6461,8371,320
Cash and cash equivalents1,8752,3232,2062,1511,6461,8371,320
Short-term investments0000000
Total current assets:1,8762,3232,2062,1521,6461,8371,320
Noncurrent Assets
Operating lease, right-of-use asset32   35  
Property, plant and equipment161161161161166165167
Intangible assets, net (including goodwill)864868843843847850853
Goodwill799799795793794794793
Intangible assets, net (excluding goodwill)65694850535660
Total noncurrent assets:1,0571,0291,0041,0041,0471,0161,020
Other undisclosed assets12,62011,97911,59111,46411,23810,99311,104
TOTAL ASSETS:15,55315,33114,80114,62013,93113,84513,444
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt325317195258284281168
Total current liabilities:325317195258284281168
Noncurrent Liabilities
Liabilities, other than long-term debt0   1  
Qualified affordable housing project investments, commitment0   1  
Total noncurrent liabilities:0   1  
Other undisclosed liabilities13,12712,94412,54512,39111,54211,46611,194
Total liabilities:13,45213,26112,74012,64911,82711,74711,363
Stockholders' equity
Stockholders' equity attributable to parent, including:2,1012,0702,0611,9712,1042,0992,081
Treasury stock, value(11)(6)(6)(6)(6)(6)(6)
Additional paid in capital1,0411,0391,0371,0341,0251,0221,019
Accumulated other comprehensive income (loss)(51)(64)(48)(110)628490
Retained earnings1,0581,0381,016991960936915
Other undisclosed stockholders' equity attributable to parent62626262636363
Total stockholders' equity:2,1012,0702,0611,9712,1042,0992,081
TOTAL LIABILITIES AND EQUITY:15,55315,33114,80114,62013,93113,84513,444

Income statement (P&L) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues
(Net Investment Income)
99969598989797
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
    3(2)(10)
Gross profit:999695981019687
Operating expenses(128)(129)(122)(122)(123)(128)(116)
Operating loss:(30)(33)(26)(24)(22)(32)(29)
Interest and debt expense(3)(3)(3)(4)(4)(5)(5)
Other undisclosed income from continuing operations before equity method investments, income taxes  9293859078
Income (loss) from continuing operations before equity method investments, income taxes:(33)(36)6265595444
Other undisclosed income from continuing operations before income taxes8994     
Income from continuing operations before income taxes:57576265595444
Income tax expense(13)(12)(14)(12)(12)(11)(9)
Net income attributable to parent:44454853464335
Other undisclosed net loss available to common stockholders, basic(0)(0)(0)(0)(0)(0)(0)
Net income available to common stockholders, basic:43454853464335
Dilutive securities, effect on basic earnings per share(0)(0)(0)(0)(0)(0)(0)
Net income available to common stockholders, diluted:43454853464335

Comprehensive Income ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net income:44454853464335
Other comprehensive income11111411
Comprehensive income:55464954514336
Other undisclosed comprehensive income (loss), net of tax, attributable to parent2(16)61(173)(26)(7)6
Comprehensive income (loss), net of tax, attributable to parent:5730110(119)253742

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: