<SEC-DOCUMENT>0001299933-17-001175.txt : 20171117
<SEC-HEADER>0001299933-17-001175.hdr.sgml : 20171117
<ACCEPTANCE-DATETIME>20171117151843
ACCESSION NUMBER:		0001299933-17-001175
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20171117
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20171117
DATE AS OF CHANGE:		20171117

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FINANCIAL INSTITUTIONS INC
		CENTRAL INDEX KEY:			0000862831
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				160816610
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-26481
		FILM NUMBER:		171210753

	BUSINESS ADDRESS:	
		STREET 1:		220 LIBERTY STREET
		CITY:			WARSAW
		STATE:			NY
		ZIP:			14569
		BUSINESS PHONE:		5857861100

	MAIL ADDRESS:	
		STREET 1:		220 LIBERTY STREET
		CITY:			WARSAW
		STATE:			NY
		ZIP:			14569
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>htm_55586.htm
<DESCRIPTION>LIVE FILING
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<TITLE> Financial Institutions, Inc. (Form: 8-K) </TITLE>
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		UNITED STATES<BR>
	SECURITIES AND EXCHANGE COMMISSION
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	WASHINGTON, D.C. 20549
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	FORM 8-K
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	CURRENT REPORT
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	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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	Date of Report (Date of Earliest Event Reported):
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	November 17, 2017
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	Financial Institutions, Inc.
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<BR>__________________________________________<BR>
	(Exact name of registrant as specified in its charter)
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	New York
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	0-26481
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	16-0816610
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_____________________<BR>
	(State or other jurisdiction
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_____________<BR>
	(Commission
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	(I.R.S. Employer
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	of incorporation)
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	File Number)
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	Identification No.)
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	220 Liberty Street, Warsaw, New York
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	&nbsp;
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	14569
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_________________________________<BR>
	(Address of principal executive offices)
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___________<BR>
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	Registrant&#146;s telephone number, including area code:
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	585-786-1100
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	Not Applicable
<BR>______________________________________________<BR>
	Former name or former address, if changed since last report
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	&nbsp;
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:</FONT>
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[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</FONT>
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Emerging growth company [&nbsp;&nbsp;]<br>
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [&nbsp;&nbsp;]<br>
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	Item 7.01 Regulation FD Disclosure.
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On November 17, 2017, Financial Institutions, Inc. (the "Company") issued a press release announcing the declaration of a cash dividend of $0.22 per common share.  The Company also announced dividends of $0.75 per share on Series A 3% Preferred Stock and $2.12 per share on Series B-1 8.48% Preferred Stock.  All dividends are payable January 2, 2018 to shareholders of record as December 14, 2017.<br><br>A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K pursuant to Item 7.01 of Form 8-K and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 ("Exchange Act"), as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, of the Exchange Act, whether made before or after the date of this report, except as shall be expressly set forth by specific reference in such filing.
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	Item 9.01 Financial Statements and Exhibits.
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(d) Exhibits<br><br>Exhibit 99.1 Press Release issued by Financial Institutions, Inc. on November 17, 2017
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	Exhibit&nbsp;Index
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	Exhibit No.
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	Description
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	99.1
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	&nbsp;
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<A HREF="exhibit1.htm" >
Press Release issued by Financial Institutions, Inc. on November 17, 2017
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	SIGNATURES
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	Pursuant to the requirements of the Securities Exchange Act of 1934, the
	registrant has duly caused this report to be signed on its behalf by the
	undersigned hereunto duly authorized.
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	Financial Institutions, Inc.
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	November 17, 2017
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	By:
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<I>
	Kevin B. Klotzbach
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	Name: Kevin B. Klotzbach
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	Title: Executive Vice-President, Chief Financial Officer and Treasurer
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<DOCUMENT>
<TYPE>EX-99.1
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<FILENAME>exhibit1.htm
<DESCRIPTION>EX-99.1
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<P align="right" style="font-size: 10pt"><FONT style="font-size: 14pt"><U><B>Exhibit&nbsp;99.1</B></U></FONT>



<P align="left" style="font-size: 14pt"><FONT style="font-size: 24pt"><B>Financial Institutions, Inc.</B>
</FONT>
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    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT style="font-size: 28pt"><B>NEWS RELEASE</B></FONT></DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="center"><FONT style="font-size: 28pt"><B>220 Liberty Street</B></FONT></TD>
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    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT style="font-size: 11pt"><B><I>For Immediate Release</I></B></FONT></DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="center"><FONT style="font-size: 11pt"><B>Warsaw, NY  14569</B></FONT></TD>
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<P align="center" style="font-size: 11pt"><FONT style="font-size: 14pt"><B>Financial Institutions, Inc. Announces Increase in Quarterly Dividend</B><BR>
-</FONT><FONT style="font-size: 11pt">Quarterly dividend increased 5% to $0.22 per common share &#150; the equivalent of $0.88 annually</FONT>



<P align="left" style="font-size: 11pt"><FONT style="font-size: 10pt"><B>WARSAW, N.Y. &#150; November&nbsp;17, 2017 </B>&#150; Financial Institutions, Inc. (the &#147;Company&#148;) (NASDAQ: FISI)
announced today that its Board of Directors has approved a quarterly cash dividend of $0.22 per
outstanding common share, which represents a 5% increase from the most recent quarterly cash
dividend. The Company also announced dividends of $0.75 per share on its Series&nbsp;A 3% preferred
stock and $2.12 per share on its Series&nbsp;B-1 8.48% preferred stock. All dividends are payable
January&nbsp;2, 2018, to shareholders of record on December&nbsp;14, 2017.
</FONT>

<P align="left" style="font-size: 10pt">Martin K. Birmingham, President and Chief Executive Officer, stated, &#147;We are pleased to announce
the Board&#146;s decision to increase the quarterly dividend to common shareholders. This increase
reflects our confidence in the Company&#146;s long-term strategy as well as our commitment to enhancing
total return for our shareholders.&#148;


<P align="left" style="font-size: 10pt"><B>About Financial Institutions, Inc.</B>


<P align="left" style="font-size: 10pt">Financial Institutions, Inc. provides diversified financial services through its subsidiaries Five
Star Bank, Scott Danahy Naylon, LLC (&#147;SDN&#148;) and Courier Capital, LLC (&#147;Courier Capital&#148;). Five Star
Bank provides a wide range of consumer and commercial banking and lending services to individuals,
municipalities and businesses through a network of more than 50 offices throughout Western and
Central New York State. SDN provides a broad range of insurance services to personal and business
clients across 45 states. Courier Capital provides customized investment management, investment
consulting and retirement plan services to individuals, businesses, institutions, foundations and
retirement plans.&nbsp;Financial Institutions, Inc. and its subsidiaries employ approximately 650
individuals. The Company&#146;s stock is listed on the NASDAQ Global Select Market under the symbol
FISI. Additional information is available at <U>www.fiiwarsaw.com</U>.


<P align="left" style="font-size: 10pt"><B>Safe Harbor Statement</B>


<P align="left" style="font-size: 10pt"><I>This press release may contain forward-looking statements as defined by Section&nbsp;21E of the
Securities Exchange Act of 1934, as amended, that involve significant risks and uncertainties.
Statements herein are based on certain assumptions and analyses by the Company and are factors it
believes are appropriate in the circumstances. Actual results could differ materially from those
contained in or implied by such statements for a variety of reasons including, but not limited to:
the Company&#146;s ability to implement its strategic plan, the Company&#146;s ability to redeploy investment
assets into loan assets, whether the Company experiences greater credit losses than expected,
whether the Company experiences breaches of its, or third party, information systems, the attitudes
and preferences of the Company&#146;s customers, the Company&#146;s ability to successfully integrate and
profitably operate SDN and Courier Capital, the competitive environment, fluctuations in the fair
value of securities in its investment portfolio, changes in the regulatory environment and the
Company&#146;s compliance with regulatory requirements, changes in interest rates, general economic and
credit market conditions nationally and regionally. Consequently, all forward-looking statements
made herein are qualified by these cautionary statements and the cautionary language in the
Company&#146;s Annual Report on </I><I>Form 10-K</I><I>, its Quarterly Reports on </I><I>Form 10-Q</I><I> and other documents filed
with the SEC.&nbsp; Except as required by law, the Company undertakes no obligation to revise these
statements following the date of this press release.</I>


<P align="center" style="font-size: 10pt">*****


<DIV align="center">
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>For additional information contact:</B></DIV></TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Shelly J. Doran</DIV></TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Director &#151; Investor and External Relations</DIV></TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(585) 627-1362 or SJDoran@five-starbank.com</DIV></TD>
</TR>
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