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PARENT COMPANY STATEMENTS (Tables) | 12 Months Ended
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Dec. 31, 2015
PARENT COMPANY STATEMENTS [Abstract] |
Condensed Balance Sheets of Parent Company | The condensed balance sheets of the parent company at December 31 are as follows:
(000's omitted) |  | 2015 |  |  | 2014 |
Assets: |  |  |  |  |  |
Cash and cash equivalents |  | $ | 97,317 |  |  | $ | 106,957 |
Investment securities |  |  | 3,576 |  |  |  | 3,622 |
Investment in and advances to subsidiaries |  |  | 1,148,062 |  |  |  | 984,561 |
Other assets |  |  | 9,996 |  |  |  | 9,608 |
Total assets |  | $ | 1,258,951 |  |  | $ | 1,104,748 |
Liabilities and shareholders' equity: |  |  |  |  |  |  |  |
Accrued interest and other liabilities |  | $ | 16,158 |  |  | $ | 14,722 |
Borrowings |  |  | 102,146 |  |  |  | 102,122 |
Shareholders' equity |  |  | 1,140,647 |  |  |  | 987,904 |
Total liabilities and shareholders' equity |  | $ | 1,258,951 |  |  | $ | 1,104,748 |
Condensed Statements of Income of Parent Company | The condensed statements of income of the parent company for the years ended December 31 is as follows:
(000's omitted) |  | 2015 |  |  | 2014 |  |  | 2013 |
Revenues: |  |  |  |  |  |  |  |  |
Dividends from subsidiaries |  | $ | 76,000 |  |  | $ | 61,100 |  |  | $ | 66,000 |
Interest and dividends on investments |  |  | 94 |  |  |  | 88 |  |  |  | 91 |
Other income |  |  | 0 |  |  |  | 0 |  |  |  | 9 |
Total revenues |  |  | 76,094 |  |  |  | 61,188 |  |  |  | 66,100 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |
Interest on borrowings |  |  | 2,537 |  |  |  | 2,477 |  |  |  | 2,520 |
Other expenses |  |  | 19 |  |  |  | 37 |  |  |  | 61 |
Total expenses |  |  | 2,556 |  |  |  | 2,514 |  |  |  | 2,581 |
Income before tax benefit and equity in undistributed net income of subsidiaries |  |  | 73,538 |  |  |  | 58,674 |  |  |  | 63,519 |
Income tax (expense)/benefit |  |  | (572 | ) |  |  | 581 |  |  |  | 862 |
Income before equity in undistributed net income of subsidiaries |  |  | 72,966 |  |  |  | 59,255 |  |  |  | 64,381 |
Equity in undistributed net income of subsidiaries |  |  | 18,264 |  |  |  | 32,098 |  |  |  | 14,448 |
Net income |  | $ | 91,230 |  |  | $ | 91,353 |  |  | $ | 78,829 |
Comprehensive income/(loss) |  | $ | 79,745 |  |  | $ | 148,619 |  |  | $ | (2,051 | )
Statements of Cash Flows of Parent Company | The statements of cash flows of the parent company for the years ended December 31 is as follows:
(000's omitted) |  | 2015 |  |  | 2014 |  |  | 2013 |
Operating activities: |  |  |  |  |  |  |  |  |
Net income |  | $ | 91,230 |  |  | $ | 91,353 |  |  | $ | 78,829 |
Adjustments to reconcile net income to net cash provided by operating activities (Gain)/loss on sale of investments |  |  | 0 |  |  |  | 0 |  |  |  | (9 | )
Equity in undistributed net income of subsidiaries |  |  | (18,264 | ) |  |  | (32,098 | ) |  |  | (14,448 | )
Net change in other assets and other liabilities |  |  | (27 | ) |  |  | (479 | ) |  |  | (221 | )
Net cash provided by operating activities |  |  | 72,939 |  |  |  | 58,776 |  |  |  | 64,151 |
Investing activities: |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from sale of investment securities |  |  | 0 |  |  |  | 3 |  |  |  | 114 |
Cash received for acquisition, net of cash acquired of $81,772, 0, and 0, respectively |  |  | 25,505 |  |  |  | 0 |  |  |  | 0 |
Capital contributions to subsidiaries |  |  | (80,231 | ) |  |  | 0 |  |  |  | 0 |
Net cash (used in) provided by investing activities |  |  | (54,726 | ) |  |  | 3 |  |  |  | 114 |
Financing activities: |  |  |  |  |  |  |  |  |  |  |  |
Issuance of common stock |  |  | 13,975 |  |  |  | 13,410 |  |  |  | 19,200 |
Purchase of treasury stock |  |  | (9,126 | ) |  |  | (4,368 | ) |  |  | 0 |
Sale of treasury stock |  |  | 16,571 |  |  |  | 1,531 |  |  |  | 0 |
Cash dividends paid |  |  | (49,273 | ) |  |  | (46,178 | ) |  |  | (43,482 | )
Net cash provided by (used in) financing activities |  |  | (27,853 | ) |  |  | (35,605 | ) |  |  | (24,282 | )
Change in cash and cash equivalents |  |  | (9,640 | ) |  |  | 23,174 |  |  |  | 39,983 |
Cash and cash equivalents at beginning of year |  |  | 106,957 |  |  |  | 83,783 |  |  |  | 43,800 |
Cash and cash equivalents at end of year |  | $ | 97,317 |  |  | $ | 106,957 |  |  | $ | 83,783 |
Supplemental disclosures of cash flow information: |  |  |  |  |  |  |  |  |  |  |  |
Cash paid for interest |  | $ | 2,523 |  |  | $ | 2,473 |  |  | $ | 2,521 |
Supplemental disclosures of noncash financing activities |  |  |  |  |  |  |  |  |  |  |  |
Dividends declared and unpaid |  | $ | 13,605 |  |  | $ | 12,254 |  |  | $ | 11,332 |
Capital contributions to subsidiaries |  |  | 76,461 |  |  |  | 0 |  |  |  | 0 |
Common stock issued for acquisition |  |  | 102,202 |  |  |  | 0 |  |  |  | 0 |

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