munity Bank System(CBU) - 2024 Q1 - Quarterly Report

Certain reclassifications have been made to prior period balances to conform to the current period's presentation. Recently Adopted Accounting Pronouncements In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, to update reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses and information used to assess segment performance by the CODM. ASU 2023-07 is effective for fiscal y ...