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SEGMENT INFORMATION | 12 Months Ended
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Dec. 31, 2022
SEGMENT INFORMATION |
SEGMENT INFORMATION | NOTE T: SEGMENT INFORMATION Operating segments are components of an enterprise, which are evaluated regularly by the “chief operating decision maker” in deciding how to allocate resources and assess performance. The Company’s chief operating decision maker is the President and Chief Executive Officer of the Company. The Company has identified Banking, Employee Benefit Services and All Other as its reportable operating business segments. CBNA operates the Banking segment that provides full-service banking to consumers, businesses, and governmental units in Upstate New York as well as Northeastern Pennsylvania, Vermont and Western Massachusetts. Employee Benefit Services, which includes operating subsidiaries of BPAS, BPA, BPAS-APS, BPAS Trust Company of Puerto Rico, NRS, GTC, HB&T, and FBD, provides employee benefit trust, collective investment fund, retirement plan administration, fund administration, transfer agency, actuarial, VEBA/HRA, and health and welfare consulting services. The All Other segment is comprised of: (a) wealth management services including trust services provided by the personal trust unit within the Bank, broker-dealer and investment advisory services provided by CISI, Carta Group and Wealth Partners, as well as asset management provided by Nottingham; and (b) full-service insurance, risk management and employee benefit services provided by OneGroup. The accounting policies used in the disclosure of business segments are the same as those described in the summary of significant accounting policies (See Note A). Information about reportable segments and reconciliation of the information to the consolidated financial statements follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Employee | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Consolidated
(000’s omitted) |  | Banking |  | Benefit Services |  | All Other |  | Eliminations |  | Total
2022 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net interest income | ​ | $ | 420,273 | ​ | $ | 319 | ​ | $ | 38 | ​ | $ | 0 | ​ | $ | 420,630
Provision for credit losses | ​ | ​ | 14,773 | ​ | ​ | 0 | ​ | ​ | 0 | ​ | ​ | 0 | ​ | ​ | 14,773
Noninterest revenue | ​ | ​ | 75,480 | ​ | ​ | 117,956 | ​ | ​ | 73,126 | ​ | ​ | (7,837) | ​ | ​ | 258,725
Amortization of intangible assets | ​ | ​ | 4,753 | ​ | ​ | 6,607 | ​ | ​ | 3,854 | ​ | ​ | 0 | ​ | ​ | 15,214
Acquisition expenses | ​ | ​ | 5,018 | ​ | ​ | 3 | ​ | ​ | 0 | ​ | ​ | 0 | ​ | ​ | 5,021
Acquisition-related contingent consideration adjustment | ​ | ​ | 0 | ​ | ​ | (500) | ​ | ​ | 200 | ​ | ​ | 0 | ​ | ​ | (300)
Other operating expenses | ​ | ​ | 283,942 | ​ | ​ | 71,466 | ​ | ​ | 56,762 | ​ | ​ | (7,837) | ​ | ​ | 404,333
Income before income taxes | ​ | $ | 187,267 | ​ | $ | 40,699 | ​ | $ | 12,348 | ​ | $ | 0 | ​ | $ | 240,314
Assets | ​ | $ | 15,616,885 | ​ | $ | 226,135 | ​ | $ | 96,924 | ​ | $ | (104,293) | ​ | $ | 15,835,651
Goodwill | ​ | $ | 732,088 | ​ | $ | 85,384 | ​ | $ | 24,369 | ​ | $ | 0 | ​ | $ | 841,841
Core deposit intangibles & Other intangibles | ​ | $ | 12,304 | ​ | $ | 33,411 | ​ | $ | 15,281 | ​ | $ | 0 | ​ | $ | 60,996
2021 | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Net interest income | ​ | $ | 374,078 | ​ | $ | 293 | ​ | $ | 41 | ​ | $ | 0 | ​ | $ | 374,412
Provision for credit losses |  | ​ | (8,839) |  | ​ | 0 |  | ​ | 0 |  | ​ | 0 |  | ​ | (8,839)
Noninterest revenue |  | ​ | 67,910 |  | ​ | 116,621 |  | ​ | 68,834 |  | ​ | (7,130) |  | ​ | 246,235
Amortization of intangible assets |  | ​ | 4,744 |  | ​ | 6,033 |  | ​ | 3,274 |  | ​ | 0 |  | ​ | 14,051
Acquisition expenses |  | ​ | 638 |  | ​ | 36 |  | ​ | 27 |  | ​ | 0 |  | ​ | 701
Acquisition-related contingent consideration adjustment | ​ | ​ | 0 | ​ | ​ | 200 | ​ | ​ | 0 | ​ | ​ | 0 | ​ | ​ | 200
Other operating expenses |  | ​ | 265,525 |  | ​ | 64,423 |  | ​ | 50,368 |  | ​ | (7,130) |  | ​ | 373,186
Income before income taxes | ​ | $ | 179,920 | ​ | $ | 46,222 | ​ | $ | 15,206 | ​ | $ | 0 | ​ | $ | 241,348
Assets | ​ | $ | 15,325,732 | ​ | $ | 257,879 | ​ | $ | 97,391 | ​ | $ | (128,345) | ​ | $ | 15,552,657
Goodwill | ​ | $ | 689,868 | ​ | $ | 85,321 | ​ | $ | 23,920 | ​ | $ | 0 | ​ | $ | 799,109
Core deposit intangibles & Other intangibles | ​ | $ | 9,087 | ​ | $ | 40,018 | ​ | $ | 16,121 | ​ | $ | 0 | ​ | $ | 65,226
2020 | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Net interest income | ​ | $ | 367,237 | ​ | $ | 943 | ​ | $ | 223 | ​ | $ | 0 | ​ | $ | 368,403
Provision for credit losses | ​ |  | 14,212 |  | ​ | 0 |  | ​ | 0 |  | ​ | 0 |  | ​ | 14,212
Noninterest revenue | ​ |  | 69,578 |  | ​ | 103,456 |  | ​ | 61,599 |  | ​ | (6,214) |  | ​ | 228,419
Amortization of intangible assets | ​ |  | 5,515 |  | ​ | 5,724 |  | ​ | 3,058 |  | ​ | 0 |  | ​ | 14,297
Acquisition expenses | ​ |  | 4,933 |  | ​ | 0 |  | ​ | 0 |  | ​ | 0 |  | ​ | 4,933
Other operating expenses | ​ |  | 255,955 |  | ​ | 60,709 |  | ​ | 46,854 |  | ​ | (6,214) |  | ​ | 357,304
Income before income taxes | ​ | $ | 156,200 | ​ | $ | 37,966 | ​ | $ | 11,910 | ​ | $ | 0 | ​ | $ | 206,076
Assets | ​ | $ | 13,762,325 | ​ | $ | 217,780 | ​ | $ | 82,849 | ​ | $ | (131,860) | ​ | $ | 13,931,094
Goodwill | ​ | $ | 690,121 | ​ | $ | 83,275 | ​ | $ | 20,312 | ​ | $ | 0 | ​ | $ | 793,708
Core deposit intangibles & Other intangibles | ​ | $ | 13,831 | ​ | $ | 32,051 | ​ | $ | 7,058 | ​ | $ | 0 | ​ | $ | 52,940
​

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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